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Robotic Automations

HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest | TechCrunch


According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated with how slowly HongShan is deploying the $9 billion in capital commitments it secured two […]

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Software Development in Sri Lanka

Robotic Automations

AWS re:Invent 2024: What to expect and how to watch Amazon's biggest event of the year | TechCrunch


Amazon Web Services’ (AWS) biggest conference of the year is around the corner, and all signs point to it being an eventful one. AWS re:Invent 2024 kicks off in Las Vegas on Sunday, with sessions scheduled to run through December 6. A keynote address featuring AWS CEO Matt Garman will take place December 3, starting […]

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Software Development in Sri Lanka

Robotic Automations

Sales tax automation startup Kintsugi doubled its valuation this year | TechCrunch


A 2018 Supreme Court ruling eliminated the requirement that an e-commerce retailer needed a physical location in a state in order for said state to be able to collect sales tax on purchases made by residents. While the decision was a boon for states, it created a headache for e-commerce sellers. Kintsugi is looking to […]

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Software Development in Sri Lanka

Robotic Automations

Tesla issues sixth Cybertruck recall in a year | TechCrunch


Tesla’s Cybertruck is facing its sixth recall since its launch a year ago.  The recall affects 2,431 units, including certain 2024 Cybertrucks built between November 6, 2023 and July 30, 2024. A report from Tesla found that those trucks are or were equipped with a faulty drive inverter.  “If the inverter stops producing torque, the […]

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Software Development in Sri Lanka

Robotic Automations

Firefly Aerospace readies for a big year in orbit with $175M D round | TechCrunch


Firefly Aerospace has raised a massive late-stage funding round ahead as it prepares for the launch of its lunar lander later this year and the first mission of its Elytra spacecraft next year.  The $175 million Series D, which set Firefly’s valuation at over $2 billion, apparently closed in less than two months in a […]

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Software Development in Sri Lanka

Robotic Automations

These are the top apps Gen Z young adults downloaded this year | TechCrunch


It’s clear that Gen Z has an influence on app consumption. Known as the “mobile-first generation,” they make up about 40% of all mobile users worldwide. Curious about their preferences, we recently contacted the app intelligence firm Appfigures, which provided an overview of the 50 most downloaded apps by Gen Z this year. However, due […]

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Software Development in Sri Lanka

Robotic Automations

SpaceX wants to test refueling Starships in space early next year | TechCrunch


SpaceX will attempt to transfer propellant from one orbiting Starship to another as early as next March, a technical milestone that will pave the way for an uncrewed landing demonstration of a Starship on the moon, a NASA official said this week.  Much has been made of Starship’s potential to transform the commercial space industry, […]

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Software Development in Sri Lanka

Robotic Automations

Generative AI could cause 10 billion iPhones worth of e-waste per year by 2030 | TechCrunch


The immense and quickly advancing computing requirements of AI models could lead to the industry discarding the e-waste equivalent of over 10 billion iPhones per year by 2030, researchers project. In a paper published in the journal Nature, researchers from Cambridge University and the Chinese Academy of Sciences take a shot at predicting just how […]

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Software Development in Sri Lanka

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