Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company’s third-quarter earnings report details a company seeing quick revenue growth, but not enough top line yet to cover its expenses. Getaround reported gross bookings of $69 million in the third-quarter, resulting in $23.8 … Read more
E-commerce and fintech company Bolt, which was at one time the subject of a federal probe, confirmed it laid off 29% of its staff, according to a company spokesperson. In an emailed statement, the Bolt spokesperson said the one-click checkout company made the cuts to get Bolt to “an operating model optimized for sustainable growth … Read more
In November, the cybersecurity collective vx-underground wrote on X, formerly Twitter, that unknown hackers were claiming to have breached Coin Cloud, a bankrupt Bitcoin ATM company. According to vx-underground, the hackers claimed to have stolen 70,000 pictures of customers taken from cameras embedded in the ATMs, as well as the personal data of 300,000 customers, … Read more
Mario Lopez and his wife, Courtney Lopez, are suing a construction company over major damages to their Los Angeles home. According to legal documents, obtained by The Blast, after the Lopez’s closed on the $9.3M L.A. home, which has six bedrooms and nine bathrooms, California experienced heavy rainfall. Mario and his wife claim the severe … Read more
Google My wife and I recently decided to replace our Ring Doorbells with Google Nest Doorbells. The reason was twofold: we were already deeply embedded with the Google ecosystem, and our Ring Doorbells had always been flaky (sometimes they’d work, sometimes they wouldn’t). This switch was also prompted by replacing our Alexa devices with Google … Read more
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Alan Rosa, former head of security for Twitter, filed a lawsuit against X, Elon Musk, and company adviser Steve Davis, alleging that he was wrongly fired for protesting Musk-led cost-cutting measures. Lawyers for Rosa wrote in the complaint that the cuts hampered Twitter’s ability to comply with the regulatory demands of the Federal Trade Commission … Read more
PANAMA CITY — Canada’s First Quantum Minerals Ltd. announced Friday it has requested arbitration proceedings to fight a Panamanian decision to halt a major open-pit copper mine concession in Panama or obtain damages. First Quantum said one arbitration was requested under the Canada-Panama Free Trade Agreement. It has also started proceedings before the International Court … Read more
Defense startup Epirus is getting new leadership. TechCrunch has exclusively learned staff were informed at an all-hands meeting this morning that CEO Ken Bedingfield was leaving. The news was later confirmed by a company spokesperson, who told TechCrunch that Bedingfield accepted a role at an unnamed public company. He will be replaced by COO Andy … Read more
A South African company will make vaginal rings that protect against HIV, which AIDS experts say should eventually make them cheaper and more readily available. The Population Council announced Thursday that Kiara Health of Johannesburg will start making the silicone rings in the next few years, estimating that 1 million could be produced annually. The … Read more
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Uber notched another win in its effort to win over the beleaguered taxi industry, announcing a plan to start listing London’s famed black cabbies in its app. The service won’t roll out until early 2024, but some London cabbies have already begun to sign up. Uber says all 15,000 of London’s cab drivers “will now … Read more