Vista Equity Partners to take revenue optimization platform Model N private in $1.25B deal

Model N, a platform used by companies such as Johnson & Johnson, AstraZeneca, and AMD to automate decisions related to pricing, incentives, and compliance, is going private in a $1.25 billion deal. Vista Equity Partners is doling out $30 per share in the all-cash transaction, representing a 12% premium on Friday’s closing price, and 16% … Read more

X makes Grok chatbot available to premium subscribers

Social network X is rolling out access to xAI’s Grok chatbot to Premium tier subscribers after Elon Musk announced the expansion to more paid users last month. The company said on its support page that only Premium and Premium+ users can interact with the chatbot in select regions. Last year, after Musk’s xAI announced Grok, … Read more

TechCrunch Minute: YC Demo Day’s biggest showcases

Well-known startup accelerator Y Combinator held one of its two yearly Demo Day events this week, showcasing hundreds of startups that recently went through its program. Judging from our coverage of the two-day event, TechCrunch found lots to like in the presenting companies. Though, if you are a bit tired of the AI chatter, you … Read more

Disrupt 2024 call for speakers closes in 3 weeks

Get ready to ignite the tech world with your passion and expertise! TechCrunch Disrupt 2024 is set to electrify San Francisco from October 28–30, and we’re searching for vibrant speakers like you to elevate our event with your insights. Seize the opportunity to apply and share your knowledge by April 26. Here’s your pathway to … Read more

Amazon quietly launches Bazaar to sell fast-fashion and lifestyle products in India

Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio, which have made deeper inroads in the Indian fast-fashion market. The world’s largest e-commerce firm has rolled out the new store on its India Android … Read more

Meta’s new AI deepfake playbook: More labels, fewer takedowns

Meta has announced changes to its rules on AI-generated content and manipulated media following criticism from its Oversight Board. Starting next month, the company said, it will label a wider range of such content, including by applying a “Made with AI” badge to deepfakes. Additional contextual information may be shown when content has been manipulated … Read more

Tesla reportedly drops plan to build $25,000 EV

Tesla is reportedly abandoning its plan to build a lower-cost EV thought to cost around $25,000, according to Reuters, despite that vehicle’s status as a pivotal product for the company’s overall growth. The company will instead focus its efforts on a planned robotaxi that is being built on the same small EV platform that was … Read more