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Javice found guilty of defrauding JPMorgan in $175M startup purchase
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims...
‘Tesla Takedown’ protesters are planning a global day of action on March 29, and things might get ugly
‘Tesla Takedown’ organizers have promised their biggest day of global action this weekend, encouraging thousands to protest outside Tesla showrooms, dealerships, and even charging stations to peacefully object to Elon Musk’s role in slashing government spending. As Tesla protests have spread, so...
Elon Musk says xAI acquired X
Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction,” Musk said. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B...
Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups
Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman — who helped start...
Samsung’s Attempt at Preemptively Protecting Galaxy Ring Patents Backfired
Imagine making a big mess, only to realize it was for naught. A judge has dismissed Samsung’s attempt at striking before the iron’s hot. Last summer, before Samsung had even released the Galaxy Ring to the public, the company filed a lawsuit asking a judge to proclaim its business didn’t infringe...
Nintendo used its new app to announce the ‘Legend of Zelda’ movie release date
Nintendo announced on Friday that its live-action “The Legend of Zelda” movie will premiere on March 26, 2027. It’s a little weird to announce this the day after a Nintendo Direct livestream, where the gaming company usually unloads all of its recent news. But that was intentional. The company...
The Depressing Reason Those Terrible Fake Movie Trailers Are Never Going Away
As AI only gets better at fooling audiences, major studios have opted to take a disappointing course of action.
TechCrunch Mobility: Inside the Rivian skunkworks program, and Trump’s gift to Tesla
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Before we jump into the transportation news of the week, it’s worth pointing you to a couple of articles that are focused on Elon...
Breast pump startup Willow acquires assets of Elvie as UK women’s health pioneer moves into administration
Women’s health and its startups building connected breast pumps, period trackers, and other apps and hardware designed for women have collectively pulled in more than $5 billion in funding in the last five years, but the market is tight, and now, two of the trailblazers in the space are coming...
Startups Weekly: Mercury more than doubled its valuation, and other news
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all...
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