Avenir seeks to raise $800M for new fund
Avenir Growth Partners is seeking to raise $800 million for its fifth fund, it disclosed in a securities filing, two years after it began the paperworks for raising its IV…
Twitch to shut down in Korea over ‘prohibitively expensive’ network fees
Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of the world’s largest esports markets is “prohibitively expensive.”…
Discord reimagines its mobile app to showcase its best social features
Discord launched a major refresh of its mobile app on Tuesday, putting messaging front-and-center while making a host of small improvements that users have been asking for. Inspired by user…
Did you attend Google’s K&I Black Summit this summer?
If you or a loved one attended this Summit please, let's get brunch. © 2023 TechCrunch. All rights reserved. For personal use only.
Elon Musk is looking to raise $1 billion for xAI
Elon Musk is looking to raise one forty-fourth of a Twitter for his AI company, xAI. In other words, the man behind Tesla, SpaceX and X is seeking $1 billion…
Expense management startup Navan cuts staff to find profitability ahead of delayed IPO
Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. The Information first broke the…
Fiat’s new EV looks like the anti-Cybertruck
Last week, Tesla dropped details on the Cybertruck and maxed-out Cyberbeast. After all that talk of supersized trucks, the North American release of the Fiat 500e buggy hits like a…
TC+ Roundup: Amazon is not the AI leader
Amazon has been No. 1 in the cloud for years but now finds itself playing catch-up to Microsoft when it comes to AI. © 2023 TechCrunch. All rights reserved. For…
X is now licensed for payment processing in a dozen US states
Elon Musk is moving forward with his plans to turn the company formerly known as Twitter, now called X, into an “everything app” that includes its own payments system. The…
Why does MasterClass work? with David Rogier from MasterClass
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by David Rogier, the founder and CEO of MasterClass, the streaming…