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Fisker failed because it wasn’t ready to be a car company

Two years ago, an employee at Fisker Inc. told me that the most pressing concern inside the EV startup was not whether its Ocean SUV would get built. Fisker was outsourcing the manufacturing of its first EV to highly respected automotive supplier Magna, after all. The startup’s November 2022 start-of-production target was aggressive, but not […] ©...

Wed Jun 19, 2024 01:06
FTC refers TikTok child privacy case to Justice Department

The agency was investigating the company over potential violations of the Children's Online Privacy Act. © 2024 TechCrunch. All rights reserved. For personal use only.

Wed Jun 19, 2024 00:06
iOS 18 could ‘sherlock’ $400M in app revenue

Apple's changes may affect apps that today have an estimated $393 million in revenue and have been downloaded roughly 58 million times over the past year. © 2024 TechCrunch. All rights reserved. For personal use only.

Tue Jun 18, 2024 22:57
Snap previews its real-time image model that can generate AR experiences

At the Augmented World Expo on Tuesday, Snap teased an early version of its real-time, on-device image diffusion model that can generate vivid AR experiences. The company also unveiled generative AI tools for AR creators. Snap co-founder and CTO Bobby Murphy said on-stage that the model is small enough to run on a smartphone and […] © 2024 TechCrunch....

Tue Jun 18, 2024 21:57
Security bug allows anyone to spoof Microsoft employee emails

A researcher has found a bug that allows anyone to impersonate Microsoft corporate email accounts, making phishing attempts look credible and more likely to trick their targets.  As of this writing, the bug has not been patched. To demonstrate the bug, the researcher sent an email to TechCrunch that looked like it was sent from […] © 2024 TechCrunch....

Tue Jun 18, 2024 20:54
Unit and Loop lay off staff and Brex ditches co-CEO model

Welcome to TechCrunch Fintech! This week, we’re looking at layoffs at BaaS startup Unit and car insurance company Loop, as well as Brex’s decision to abandon its co-CEO model, Apple killing its Pay Later feature, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday […] © 2024 TechCrunch....

Tue Jun 18, 2024 20:06

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