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Stripe eyes an exit, Dell bets on the cloud, and Shutterstock embraces generative AI • TechCrunch

Hey, party people, it’s Kyle, continuing to step in for Greg to write Week in Review as he spends time with his newborn. Dunno...

NASA’s ‘Mega Moon Rocket’ aced first flight and is ready for crewed Artemis II launch • TechCrunch

The enormous Space Launch System passed its first test with flying colors, NASA’s preliminary analysis concludes, and the rocket and Orion capsule are good...

Jumia’s investors rethink their stakes — for better and worse • TechCrunch

Baillie Gifford, the Edinburgh-based asset management firm long known to have a penchant for pre-IPO tech companies, has reduced its shares in African e-commerce...

Supernormal raises $10M to automatically transcribe and summarize meetings • TechCrunch

Generative AI is the tech industry’s buzzword of the moment. It’s no wonder — the VC firm Sequoia not long ago predicted that generative...

Dubai-based accounting and financial compliance startup, Wafeq, raises $3M • TechCrunch

In 2016, the Gulf Cooperation Council (GCC) member states signed the Value Added Tax (VAT) agreement paving way for the introduction of the general...

Lightyear stops production on €250,000 solar-powered EV • TechCrunch

Solar-powered electric vehicle maker Lightyear said it’s halting production on its flagship Lightyear 0, its premium EV with a sticker price of €250,000. Despite...

Amazon launches freight service Air in India • TechCrunch

Amazon has launched Amazon Air, its dedicated air cargo fleet, in India as it bulks up its logistics infrastructure in the key overseas market...

Microsoft is sunsetting social VR pioneer AltspaceVR • TechCrunch

AltspaceVR has had a few close calls over the years, but the company that built virtual social spaces well before “metaverse” was a household...

Area 120, Google’s in-house incubator, severely impacted by Alphabet mass layoffs • TechCrunch

Area 120, the Google in-house incubator responsible for products such as Checks, Tables, Stack and ThreadBite, has been significantly affected by broader layoffs at...

DCG’s crypto lending subsidiary Genesis files for Chapter 11 bankruptcy • TechCrunch

Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New...

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