Jio Financial unit to buy $4.32B of telecom gear from Reliance Retail

Jio Leasing Services Ltd (JLSL), a subsidiary of Jio Financial Services, plans to buy customer premises equipment, devices and telecom equipment worth $4.32 billion from Reliance Retail over the next two financial years, according to a postal ballot notice (PDF) sent to shareholders seeking approval of the deal. JLSL is entering the business of operating … Read more

Foursquare just laid off 105 employees

Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade of companies to make cuts to one of its biggest cost centers – employees – in 2024.  Per an email sent out to staffers this afternoon by current CEO Gary Little and viewed by TechCrunch, 105 employees were … Read more

ESA prepares for the post-ISS era, selects The Exploration Company, Thales Alenia to develop cargo spacecraft

The European Space Agency selected two companies on Wednesday to advance designs of a cargo spacecraft that could establish the continent’s first sovereign access to space.  The two awardees, major aerospace prime Thales Alenia Space and French startup The Exploration Company, will receive €25 million ($27 million) each to advance concepts for vehicles that can … Read more

X should bring back stars, not hide ‘likes’

Elon Musk’s X is preparing to make “likes” private on the social network, in a change that could potentially confuse users over the difference between something they’ve favorited and something they’ve bookmarked. According to new posts by company employees, the decision to hide “likes” is meant to incentivize engagement, by allowing people to favorite content … Read more

2 days left to vote for Disrupt Audience Choice

TechCrunch Disrupt 2024 isn’t just an event for innovation; it’s a platform where your voice matters. With the Disrupt 2024 Audience Choice Program, you have the power to shape the future of tech by voting for your favorite thought leaders and sessions. But with just 48 hours left until the May 24 deadline, now is … Read more

Spotify experiments with an AI DJ that speaks Spanish

Spotify’s addition of its AI DJ feature, which introduces personalized song selections to users, was the company’s first step into an AI future. Now, Spotify is developing an alternative version of that DJ that will speak Spanish. References to the new AI DJ were spotted in the app’s code by tech veteran and reverse engineer … Read more