Author: GT

TechCrunch Disrupt 2025 returns to Moscone West in San Francisco from October 27-29, uniting over 10,000+ startup founders, VCs, and tech leaders for the ultimate look at what’s next. One of this year’s must-see conversations on the premier Going Public Stage features iconic entrepreneur and e-commerce trailblazer Julie Wainwright, in a candid fireside chat on reinvention, resilience, and how to spot — and build — the next big thing. What to expect on the Going Public Stage In this intimate fireside chat, Wainwright will unpack the real stories behind category creation, scaling under pressure, and the personal pivots that shape…

Bitcoin achieved a new all-time high of $118,900 on Friday after exceeding its previous record, $113,822, on Thursday. At the time of this writing, Bitcoin’s price stands at around $117,400. This is a significant milestone for Bitcoin, as it highlights its resurgence, now higher than its low of around $76,000 in early April. It dropped to nearly $49,000 last August. Some analysts think that if it reaches $150,000, it’ll set off a buying frenzy. It’s important to note that Bitcoin, just like most cryptocurrencies, can be super unpredictable. Nobody really knows for sure what’s going to happen next. Some factors…

U.S. cybersecurity agency CISA says hackers are actively exploiting a critical-rated security flaw in a widely used Citrix product, and has given other federal government departments just one day to patch their systems. Security researchers have dubbed the bug “Citrix Bleed 2” for its similarity to a 2023 security flaw in Citrix NetScaler, a networking product that large companies and governments rely on for allowing their staff to remotely access apps and other resources on their internal networks. Much like the earlier bug, Citrix Bleed 2 can be remotely exploited to extract sensitive credentials from an affected NetScaler device, allowing…

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This newsletter took a break for the Fourth of July, and maybe you did, too, but the news didn’t. Even the biggest startups are still running after more funding. To help you catch up, we’ve got the top startup stories from the week, plus some from the previous one. Most interesting startup stories from the week Image Credits:Haje Kamps / TechCrunch So far this month, we’ve learned that not getting acquired by…

Medium CEO Tony Stubblebine announced on Friday that the publishing platform has remained profitable since August of last year, when it first achieved this milestone. In the post, Stubblebine detailed what it took to achieve this goal, which involved a combination of product changes, an investor restructuring, renegotiated loans, unloading office space, layoffs, and other difficult cost-cutting measures. His post offers a deep dive into what it takes for a startup to achieve a turnaround and the tough choices that have to be made. According to Stubblebine, the company was losing $2.6 million per month when he joined in 2022.…

Cognition’s AI coding agent Devin has scored a major customer: Goldman Sachs, the bank’s CIO, Marco Argenti, told CNBC. “We’re going to start augmenting our workforce with Devin, which is going to be like our new employee,” Argenti told the outlet, adding that it plans to roll out hundreds of instances of Devin, potentially growing to thousands. The bank currently employs around 12,000 human developers, it says.  Despite the financial industry’s reputation for being slow and stodgy, Goldman Sachs tends to be cutting edge, and it’s been internally using developer copilots since at least 2024, it said. Devin is an…

Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I.  Smith launched her fund in 2022 after spending seven years as an investor with Bain Capital Ventures and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next generation. “I can’t imagine doing venture any other way now,” she said. “While I believe company building still requires a team effort, I believe early-stage investing is best done solo.” She appreciates how she can make fast decisions that…

Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! In case you missed my announcement last week, TechCrunch Mobility is moving to the Beehiiv publishing platform. The launch is scheduled for July 18. Beehiiv provides lots of cool features to help me better engage with you. It’s a win for both of us.The newsletter emails will continue to come from [email protected]. To ensure you don’t miss a single one, please add the above address to your contacts and move it to your…

France is launching a criminal investigation into Elon Musk’s X over alleged instances of algorithm manipulation for foreign interference purposes. The national gendarmerie will be tasked with the investigation, the Paris prosecutor’s office announced.  In a statement, Paris prosecutor Laure Beccuau said that the investigation is looking at X as a legal entity as well as unnamed individuals.  Within the investigation’s scope, she highlighted the two following potential offenses: “alteration of the operation” and “fraudulent extraction of data” of an automated data processing system “by an organized group.” Beccuau added that the move followed “verifications, contributions from French researchers and…

In the wake of a disaster, it’s not uncommon for people to look for answers anywhere they can find them. The devastating floods in Texas are no exception. There are many potential reasons why so many people were killed by the swiftly rising waters, but one that some people have settled on is a practice known as cloud seeding. They claim that a cloud-seeding startup known as Rainmaker caused the storm to drop more rain than it otherwise would have. However, the data does not back up their concerns. It’s true that Rainmaker was operating in that area a few…