Author: WpAdminXfinity

OpenAI is currently in “a tough negotiation” with one of its biggest investors and partners, Microsoft, according to the Financial Times. The AI startup recently announced a major change to its corporate restructuring plans — while it still aims to convert its business arm into a for-profit public benefit corporation, its nonprofit board will remain...

23andMe, the genetic testing giant once valued in the billions, is now navigating Chapter 11 bankruptcy and notifying millions of current and former customers that they may be eligible to file claims as part of the restructuring process. The company and 11 of its subsidiaries, including Lemonaid Health and LPRXOne, filed for bankruptcy protection on...

For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy, Abdel-Azim Osman, Ahmed Rafea, Mohamed Abou Ghanima, and Aly Rafea founded Nawy to bring transparency and efficiency to...

Billy Evans, partner of Theranos founder Elizabeth Holmes, is working on a new startup that seeks to deliver “human health optimization” through blood testing, according to The New York Times. The Times reportedly spoke to two investors pitched on the startup, called Haemanthus, and also viewed some of Haemanthus’ marketing materials. In those materials, the...

The Federal Trade Commission voted Friday to delay enforcement of the Negative Option Rule — known widely as the “click-to-cancel” rule requiring companies to make it as easy to cancel a subscription as it was to sign up. The rule, which was first proposed in 2023, took aim at businesses selling physical and digital subscriptions...

Welcome back to Week in Review! We’ve got lots of news for you this week: There were CEO shake-ups at Instacart and 11x; the web series is back — kind of; Threads is getting video ads; and much more. Let’s get to it! Big move: Instacart CEO Fidji Simo will become OpenAI’s CEO for Applications,...

Google has agreed to pay the state of Texas $1.375 billion to settle two lawsuits accusing the company of tracking users’ personal location, incognito searches, and voice and facial data without their permission. The lawsuits were brought by Texas Attorney General Ken Paxton in 2022. Facebook’s parent company Meta agreed to pay a similar amount...

Being a founder often feels like you’re building the plane midflight. You’re juggling fundraising, product-market fit, marketing strategy, hiring — while quietly wondering if you’re even doing it right. TechCrunch AllStage 2025, which is happening on July 15 at the SoWa Power Station in Boston, is built to answer those questions. Whether you’re pitching VCs,...

From cybersecurity and aerospace to generative 3D, startup leaders are scaling ambitious companies from European soil and taking on global markets. In this conversation at the StrictlyVC event in Athens, we talked to three founders about what it takes to go from idea to impact while navigating the continent’s unique challenges — and why building...

John Tsioris sold Instashop to Delivery Hero for $360 million. Nate Clarke took Tyme from startup to global digital bank. In this candid conversation at the StrictlyVC event in Athens, the two entrepreneurs open up about what drives them, how they’re choosing their next bets, and why they’re investing in ecosystems that others overlook.