Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a sourc

Hello and welcome back to TechCrunch Space. I hope everyone had a great time at Space Symposium! Hopefully I’ll see you there next year.

Meta continues to field criticism over how it handles younger consumers using its platforms, but the company is also planning new products that will cater to them. On Monday, the company announced in

This is the second group to demand a ransom payment from Change Healthcare to prevent the release of stolen patient data in as many months.

While the launch of a survey isn't necessarily a commitment to federating Ghost, it is another signal pointing to the broader reshaping of the web that's now underway.

Elon Musk is planning to charge new X users a small fee to enable posting on the social network and to curb the bot problem. In reply to an X account that posted about changes on X’s website, Mu

The Tel Aviv-based company recently announced that it has raised an $8 million seed round led by NFX, with participation from FJ Labs and Gefen Capital.

iGBA was an ad-supported copy of the open-source project GBA4iOS that offered a Game Boy game emulator for iOS.

A few months after its launch, how is Apple’s Vision Pro faring? The company’s ambitious bet on computers that nestle on your face instead of sit on your desk made a huge splash when it wa

A new report from Stanford's Institute for Human-Centered Artificial Intelligence (HAI) found that global investment in AI fell for the second year in a row in 2023.

The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by b

Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and Ener

Today on Equity, Tesla cuts staff, and OpenAI has plans for an office in Tokyo along with a new GPT-4 model for the Japanese language.

Jio Financial Services, part of the Indian conglomerate Reliance, is forming a joint venture with U.S. asset manager BlackRock to set up a wealth management and broking business in India, the two firm

Kode's platform allows customers to control HVAC and lighting, monitor energy use, track carbon emissions and keep an eye on water consumption.

Layoffs usually drive attention and sympathy toward affected employees, but rarely does anyone talk about what happens to the recruiters who are sometimes also asked to leave when companies decide to

Adobe says it’s building an AI model to generate video. But it’s not revealing when this model will launch, exactly — or much about it besides the fact that it exists. Offered as an

Companies that offer role referral bonuses do so with the assumption that their employees know their work culture — and a role’s requirements — best. But what if companies were to op

Nearly two dozen rights groups are urging the EDPB to not endorse a strategy used by Meta that they say is intended to bypass the EU's privacy protections.

Meta will "temporarily" shutter Threads in Turkey on April 29, in response to an injunction imposed by the country's competition authority.