Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company. In a post on X, Employer.com Chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office solutions into one powerhouse platform.” Tinsley confirmed the acquisition to TechCrunch....
Category: Tech Crunch
Waymo ramps up robotaxi production at new Arizona factory
Waymo has played coy for years about exactly how many Jaguar I-Pace EVs are in its autonomous fleet — a figure that covers vehicles used in testing and commercial robotaxi operations. On Monday, the Alphabet company finally provided a peek at the commercial side of the fleet. Waymo said Monday, as part of a larger...
Uber and WeRide set their robotaxi sights on 15 more cities
Uber and Chinese autonomous vehicle technology company WeRide plan to expand a commercial robotaxi partnership and bring the service to another 15 cities over the next five years. The expansion comes five months after the two companies launched a commercial robotaxi service in Abu Dhabi. The companies said the expansion will include cities in Europe. Under...
MoneyFellows raises $13M to take its group savings model outside Egypt
While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based...
Is Duolingo the face of an AI jobs crisis?
Duolingo announced plans this week to replace contractors with AI and become an “AI-first” company — a move that journalist Brian Merchant pointed to as a sign that the AI jobs crisis “is here, now.” In fact, Merchant spoke to a former Duolingo contractor who said this isn’t even a new policy. The company cut...
Trump says he’s willing to delay TikTok ban again
President Donald Trump has already delayed a TikTok ban twice, and he said Sunday that he’s willing to do it again. Axios reports that during an interview with NBC’s “Meet the Press,” Trump said that if a deal isn’t made to sell TikTok’s U.S. operations to American owners before the current June 19 deadline, he...
Residents of SpaceX’s Starbase launch site vote to incorporate as a city
Elon Musk’s SpaceX is getting its own official company town. Residents of an area around SpaceX’s Starbase launch site in southern Texas voted overwhelmingly on Saturday to incorporate as a city — also named Starbase. According to results posted online by the Cameron County Elections Department, there were 212 votes in favor and only six...
Anysphere, which makes Cursor, has reportedly raised $900M at $9B valuation
Anysphere, the maker of AI-powered coding tool Cursor, has attracted $900 million in a fresh round of funding led by Thrive Capital, The Financial Times reported, citing anonymous sources familiar with the deal. Andreessen Horowitz (a16z) and Accel are also participating in the round, which values Anysphere at about $9 billion, the report said. Cursor...
Temu stops shipping products from China to the U.S.
Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. He’s also increasing tariffs on Chinese goods by more than 100%, forcing both Chinese companies like Shein...
Warren Buffett will step down as Berkshire Hathaway CEO
Legendary investor Warren Buffett announced today that he will ask the Berkshire Hathaway board to have Greg Abel replace him as CEO at the end of 2025. “I think the time has arrived where Greg should become the chief executive officer of the company at year end,” Buffett said at the end of the company’s...