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The end of Elon

Standing on the rear bed of his greatest boondoggle, his face obscured in shadow, the billionaire who built a rabid fanbase through seemingly inhuman feats of engineering and willpower cut a greatly reduced figure: Elon Musk was presiding over the first customer deliveries of a Tesla truck that, like most things Musk touched, was drastically

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Byju’s expects minimal or no fine from India’s forex rule violation allegation

Byju’s said on Wednesday that recent accusations by India’s crime-fighting agency regarding a breach of the nation’s foreign exchange rule are “solely technical” in nature and the startup anticipates that any resultant penalty would be minimal. The Bengaluru-headquartered startup, India’s most valuable, said it maintains full compliance with India’s forex rules and has filed requisite

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Evernote pushes users to upgrade with test of a free plan limited to only 50 notes

After making steep cuts to personnel earlier this year, Evernote’s Milan-based owner Bending Spoons is now experimenting with a new plan that would push more users to upgrade to paid versions of its service. The company confirmed to TechCrunch it’s been running a small test that placed limits on the number of notes free users

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TC Startup Battlefield master class with Blumberg Capital: Make the most of your investors’ expertise

David Blumberg, founder and managing partner at Blumberg Ventures, explains how early-stage startups can look to their investors for help with solving problems, scaling, hiring, and strategic planning. © 2023 TechCrunch. All rights reserved. For personal use only.

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Fate of US venture capital in China teeters on uncertainty

On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. With China reopening its borders this spring following three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking the Bay Area. While

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Adobe: Thanksgiving US online sales nudge up to $5.6B; Salesforce: $31.7B spent globally

Thanksgiving Thursday, when stores in the U.S. are closed and many are spending time off work, has become the de facto start of the holiday shopping season both for those looking to bargains online, and for online retailers to kick off holiday sales deals to meet that demand. But if there is a message from

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US chip export ban is hurting China’s AI startups, not so much the giants yet

Well before Washington banned Nvidia’s exports of high-performance graphic processing units to China, the country’s tech giants had been hoarding them in anticipation of an escalating tech war between the two nations. Baidu, one of the tech firms building China’s counterparts to OpenAI, has secured enough AI chips to keep training its ChatGPT equivalent Ernie

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