New owners of the historically troubled car have a decision to make. | Photo by Amelia Holowaty Krales / The Verge Chevy has started offering some Bolt owners rebates of up to $6,000 as a “goodwill reimbursement” for anyone who bought one of the battery-powered EVs shortly before the company made them significantly cheaper. However,…
Monthly Archives: August 2022
Senators Thom Tillis (R-NC) and Patrick Leahy (D-VT) today announced the introduction of the Patent Examination and Quality Improvement Act of 2022, which is aimed at “evaluat[ing] and improv[ing] the patent examination process and the overall quality of patents issued by the USPTO,” according to a press release. Last week, Tillis told IAM that he would…
A YouScience assessment of 238K high-schoolers reveals a need to erase the career “exposure gap” and calls for policy-makers and industry and education leaders to re-engage students through learning relevance.Read More
Dating giant Match Group announced a series of changes to Tinder’s management team alongside the announcement of disappointing second quarter earnings on Tuesday. Notably, Tinder CEO Renate Nyborg will be departing the company after less than a year in the top job. Match Group is also killing Tinder’s plans to adopt new technology, like virtual…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. The SEC leapt in this week, charging 11 people associated with Forsage, which the government watchdog says was running a pyramid scheme. I’m not one to embrace drama, but I also can’t…
Y Combinator says it has intentionally shrunk the number of startups within its accelerator for the Summer 2022 batch. As first reported by The Information and independently verified by TechCrunch, Y Combinator’s Summer 2022 cohort — currently in action — boasts nearly 250 companies, down 40% from the previous cohort, which landed at 414 companies….
Spur Capital Partners, an investor in venture capital funds, is out to raise $200 million for its seventh core fund. So far, it has secured nearly $74 million to bet on early-stage VCs, per a securities filing. Who or what is Spur betting on, exactly? Over the years, the investor claims it has indirectly backed…
Facebook CEO Mark Zuckerberg speaks about "News Tab" at the Paley Center, in New York on October 25, 2019. AP Photo/Mark Lennihan A new lawsuit alleges that Meta has used people’s medical data without permission for targeted ads on Facebook. This is the second recent lawsuit accusing hospitals of sharing sensitive patient data with Meta….
Fulton County Georgia District Attorney Fani Willis. AP Photo/Ben Gray, File District Attorney Fani Willis is expanding her probe into former President Donald Trump. Willis has prosecuted high-profile racketeering cases. Experts familiar with state law say racketeering charges may be her best avenue to convict Trump. The Georgia prosecutor pursuing one of the most high-stakes…
For the second time this year, Robinhood is cutting its headcount. On Tuesday, the company announced it would lay off 23 percent of its workforce. According to CEO Vlad Tenev, the cuts will affect every part of Robinhood’s business but will primarily target the company’s “operations, marketing and program management functions.” Tenev blamed a deteriorating…