CEO Evan Spiegel just announced the company is restructuring around small “startup squads” of 10 to 15 people to regain agility against larger competitors.
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September 9, 2025September 9, 2025Tech Crunch
OpenAI denies that it’s weighing a ‘last-ditch’ California exit amid regulatory pressure over its restructuring
OpenAI executives are discussing a potential relocation out of California as increasing political resistance threatens the company’s efforts to convert from nonprofit to for-profit status, according to The WSJ, but the company says it has no plans to leave.
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September 9, 2025September 9, 2025Tech Crunch
ReOrbit lands record funding to take on Musk’s Starlink from Europe
Finnish startup ReOrbit, has raised a record €45 million Series A for the country to offer “sovereign” satellites.
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September 9, 2025September 9, 2025Tech Crunch
Nepal reverses social media ban as protests turn deadly
Nepal has reversed its social media ban following nationwide “Gen Z” protests and public backlash.
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September 9, 2025September 9, 2025Tech Crunch
Blackrock-backed Minute Media acquires Indian AI startup that extracts sports highlights
VideoVerse is an Indian AI startup that lets broadcasters extract highlights and create content from sports footage.
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September 8, 2025September 8, 2025Tech Crunch
InDrive has big plans to become a global ‘super app’ where others have failed
InDrive plans to expand into multiple verticals over the next 12 months across its top markets, starting with grocery deliveries in Kazakhstan.
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September 8, 2025September 8, 2025Tech Crunch
Uber and Momenta to test autonomous vehicles in Germany in 2026
Momenta is one of 20 global AV partners that Uber has scooped up across its ridehail, delivery, and freight businesses. Uber says those partnerships have already generated an annualized rate of 1.5 million mobility and delivery.
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September 8, 2025September 8, 2025Tech Crunch
Microsoft says Azure affected after cables cut in the Red Sea
It’s not clear who cut the cables or why.
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September 8, 2025September 8, 2025Tech Crunch
Are bad incentives to blame for AI hallucinations?
How can a chatbot be so wrong — and sound so confident in its wrongness?
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September 7, 2025September 7, 2025Tech Crunch
Musk’s $1T pay package is full of watered-down versions of his own broken promises
Musk used to say Tesla would make 20 million cars and one million humanoid robots per year. The company’s board wants far less than that in exchange for $1 trillion.