Fisker has a willing buyer for its remaining inventory of all-electric Ocean SUVs, and has asked the Delaware Bankruptcy Court judge overseeing its Chapter 11 case to approve the sale. If approved by the judge, Fisker would be able to offload 3,321 finished EVs to a New York-based vehicle leasing company for $46.25 million. That … Read more
Meta’s Threads now has more than 175 million monthly active users, Mark Zuckerberg announced on Wednesday. The announcement comes two days away from Threads’ first anniversary. Zuckerberg revealed back in April that Threads had more than 150 million monthly active users, up from the 130 million reported in February. Threads launched on July 3, 2023, at … Read more
As more music streaming apps and creation tools emerge to compete for users’ attention, social music-sharing app Popster is getting two new features to grow its user base: an AI image generator for cover art and a collaboration capability where artists can remix another user’s song. Initially launched last year as a song-creation tool and … Read more
Planning to attend TechCrunch Disrupt 2024 with your team? Maximize your team-building time and your company’s impact across the entire conference when you bring your team. Groups of 4 to 9 save 15% on passes, and if you have a group of 10 or more, you can save 30%. Here’s a sneak peek at some … Read more
LG has acquired an 80% stake in Athom, a Dutch smart home company and maker of the Homey smart home hub. According to LG’s announcement, it will purchase the remaining 20% of Athom within the next three years. However, the financial terms of the deal were not disclosed. LG plans to integrate Athom’s Homey platform, … Read more
CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based startup said BitOasis’s team is joining CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in more than 60 tokens. BitOasis … Read more
X, formerly Twitter, could be bringing back a downvote feature for posts — something it had previously tested back in 2021, ahead of Elon Musk’s acquisition of the social network. At the time of the original experiment, Twitter had tested both upvoting and downvoting buttons, similar to how users can vote on the social forums … Read more
Welcome to TechCrunch Fintech! This week, we’re looking at the Evolve Bank hack, three notable acquisitions, Plaid’s enterprise customer growth and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story On June 26, Evolve Bank & … Read more
Meta plans to bring more generative AI tech into games, specifically VR, AR and mixed reality games, as the company looks to reinvigorate its flagging metaverse strategy. According to a job listing, Meta is seeking to research and prototype “new consumer experiences” with new types of gameplay driven by generative AI, like games that “change … Read more
Have you ever wanted a personalized makeup dispenser? Well, Boldhue‘s co-founder and CTO Karin Layton has built just that: A device that aims to be the “Keurig for makeup.” Boldhue’s device essentially scans your face and dispenses a customized foundation formula that matches your skin tone. The beauty tech startup on Tuesday said it had … Read more
