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Tag: Deal

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SpaceX signs second commercial deal for Starship lunar lander with Lunar Outpost | TechCrunch


As SpaceX’s Starship test program continues to gain momentum, the company signed its second commercial deal to deliver a payload to the moon using a lunar lander variant of the massive vehicle.  Starship will deposit Lunar Outpost’s rugged rover, called Eagle, to the lunar surface by 2029, the Colorado-based startup said. Lunar Outpost CEO Justin […]

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Software Development in Sri Lanka

Robotic Automations

India's Arzooo, once valued at $310M, sells in distressed deal | TechCrunch


Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to physical stores, has sold its assets in distressed sale to Moksha Group. The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according to people familiar with the matter. Arzooo had raised approximately […]

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Software Development in Sri Lanka

Robotic Automations

Oura valued at $5B following deal with medical device firm Dexcom | TechCrunch


Smart ring maker Oura announced on Tuesday that it has received a $75 million investment from glucose device maker Dexcom. The investment marks Oura’s Series D funding round and brings the company’s valuation to more than $5 billion. The partnership paves the way for the two companies’ devices and apps to be used together, which […]

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Software Development in Sri Lanka

Robotic Automations

Printful and Printify ink a merger deal | TechCrunch


Two veteran European companies in the world of on-demand printing are merging, and you may have not even realized they were separate companies to begin with. Printful and Printify, both startups with Latvian roots providing custom printing services, are coming together as a single company. They are framing the move as a natural fit to […]

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Software Development in Sri Lanka

Robotic Automations

OpenAI reportedly developing new strategies to deal with AI improvement slowdown | TechCrunch


OpenAI’s next flagship model might not represent as big a leap forward as its predecessors, according to a new report in The Information. Employees who tested the new model, code-named Orion, reportedly found that even though its performance exceeds OpenAI’s existing models, there was less improvement than they’d seen in the jump from GPT-3 to […]

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Software Development in Sri Lanka

Robotic Automations

With this latest deal, Flipboard looks to build a news ecosystem beyond X | TechCrunch


An effort to bring a broader news ecosystem to the open social web, also known as the fediverse, is now in the hands of the social magazine app Flipboard. Press.coop, a service that created mirrored accounts of top news publishers (including Reuters, AP, WSJ, NYT, BBC, CNN, and even yours truly), has transferred its collection […]

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Software Development in Sri Lanka

Robotic Automations

Wiz CEO explains why he turned down a $23 billion deal | TechCrunch


Assaf Rappaport, the co-founder and CEO of cloud security startup Wiz, said that turning down a $23 billion offer from Google was “the toughest decision ever,” but justified it by saying the company can get even bigger and reach $100 billion because cloud security is the future.  “I think we did the right choice,” Rappaport […]

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Software Development in Sri Lanka

Robotic Automations

Nvidia-Run:ai deal to be reviewed under EU's merger rules | TechCrunch


The European Union has tossed a spanner in the works of chipmaker Nvidia’s proposed acquisition of Tel Aviv-based AI workload management startup Run:ai. The deal, which was announced back in April — with a price-tag of $700 million per our sources — will be reviewed by the bloc after a request by competition regulators in Italy […]

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Software Development in Sri Lanka

Robotic Automations

Fearless Fund has made a big deal since settling its controversial lawsuit | TechCrunch


Fearless Fund has made a big move since it settled a lawsuit with the American Alliance for Equal Rights (AAER).  The firm announced on Thursday a seven-figure investment into the e-commerce platform Zimi, co-founded by Audrey Djiya and Peter Nsaka. Zimi offers inventory management, handling and storage, and border logistics specifically to help businesses in […]

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Software Development in Sri Lanka

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