President Donald Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of join venture with the U.S. government. Trump was asked at a press conference on Tuesday if he was open to “Elon buying TikTok.” He responded that he would be, and added: […] © 2024 TechCrunch. All rights reserved. For personal use only.
Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman Sachs, Morgan Stanley, among other “leading financial institutions and alternative […] © 2024 TechCrunch. All rights reserved. For personal use only.
The hack has the potential to be one of the biggest of the year, but the edtech giant is refusing to answer important questions © 2024 TechCrunch. All rights reserved. For personal use only.
Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of […] © 2024 TechCrunch. All rights reserved. For personal use only.
Since it was founded in 2014, India-based Postman has made a name for itself as one of the most popular platforms for building and using APIs, with 500,000 organizations now using the service. Like with so many other SaaS services, though, its valuation today is reportedly down from its $5.6 billion high in 2021. But […] © 2024 TechCrunch. All rights reserved. For personal use only.
When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires. “They […] © 2024 TechCrunch. All rights reserved. For personal use only.
As enterprises look at how they can best leverage AI to increase their employees’ productivity, search is an obvious use case. In most companies, after all, data lives in multiple disconnected silos and the combination of large language models, retrieval augmented generation (RAG) and enterprise-grade integration services now makes it easier than ever to not […] © 2024 TechCrunch. All rights reserved. For personal use only.
A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development, in turn spurring demand for a streamlined clinical trial process to help get new […] © 2024 TechCrunch. All rights reserved. For personal use only.
Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the Google Play Store. It also asked Google to let […] © 2024 TechCrunch. All rights reserved. For personal use only.
Hindustan Unilever has agreed to acquire beauty startup Minimalist for about $342 million, marking its latest push to expand in India’s fast-growing premium skincare market. The consumer goods giant will initially acquire a 90.5% stake in the four-year-old direct-to-consumer brand through secondary buyouts and primary investment, with the remaining 9.5% to be purchased from founders […] © 2024 TechCrunch. All rights reserved. For personal use only.
