ChatGPT became the most downloaded app globally in March
ChatGPT became the world’s most downloaded app in March, excluding games, topping the usual contenders for the No. 1 spot, Instagram and TikTok. This is the first time the app has topped the monthly download charts and ChatGPT’s biggest month ever. According to new data, ChatGPT’s
Stripe CEO says company management regularly asks customers for ‘candid feedback’
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison.
In an April 8 post on X, the fintech giant's CEO said the company has a customer join for the first 30 min
Parallel Systems is building autonomous electric rail for short-distance freight
The business of moving goods in the United States is dominated by trucks, which handle about two-thirds of the 20.2 billion tons of freight that's transported annually. Parallel Systems founder and CEO, Matt Soule, wants to change that by putting a modern autonomous and electric twist on the ce
Why Nest co-founder Matt Rogers is still bullish on HVAC
Back in 2010, when Matt Rogers founded Nest with Tony Fadell, home heating and cooling wasn't exactly an area you'd think two ex-Apple engineers would be obsessing about.
That fixation defined a new category of product, the smart thermostat, which is now serving as a beachhead for ot
Spotify invests over $1M to grow its catalog of non-English audiobooks
Spotify announced on Friday that it plans to invest €1 million — or approximately $1.1 million — to boost audiobook production in languages other than English, beginning with French and Dutch.
The investment indicates that Spotify is eager for more non-English titles in its limited l
OpenAI will soon phase out GPT-4 from ChatGPT
OpenAI will soon retire GPT-4, an AI model it launched over two years ago, from ChatGPT, according to a changelog posted on Thursday.
Effective April 30, GPT-4 will be “fully replaced” by GPT-4o, the current default model in ChatGPT, OpenAI said. GPT-4 will remain available for use via
Dropbox’s chief customer officer Eric Cox plans to step down, per filing
Dropbox’s chief customer officer, Eric Cox, plans to step down, according to a document filed with the SEC on Friday. Cox will remain in his current role for “a period of time” to help with the transition, per the filing, and then will continue as a “non-executive” emp
Startups Weekly: Enjoying the reprieve
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.
Startups aren’t isolated from the world. But this week, funding news felt positively uncorrelated from the overall news cycle, offer
Microsoft inks massive carbon removal deal powered by a paper mill
Microsoft announced on Friday that it is buying 3.7 million metric tons of carbon removal credits from CO280, a project developer that works with pulp and paper mills.
The purchase covers 12 years of emissions from CO280's first carbon capture project at a mill on the Gulf Coast. CO280 expects
Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May
Mark your calendar — StrictlyVC London is just around the corner on May 13. Designed for founders, entrepreneurs, and investors, this exclusive gathering promises deep VC insight and high-value connections.
We're thrilled to welcome our first pair of confirmed speakers: Nazo Moosa, managing
Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according to a late Thursday night court filing.
Lucid committed around $30 million in cash and non-cash considerations in exchange for
How Chef Robotics found success by turning away its original customers
A few years ago, Chef Robotics was facing potential death.
“There were a lot of dark periods where I was thinking of giving up,” founder Rajat Bhageria tells technewss of his six-year-old company. But friends and investors encouraged him, so he persevered.
Today, Chef R
Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines
Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice.
Founded in 2018, Nate raised over $50 million from inves
Yahoo removes DEI pages from its website
Tech company Yahoo has removed several pages and other sections from its corporate website in recent months relating to its diversity, equity, and inclusion (DEI) policies, technewss has learned.
A section of Yahoo’s website that was previously dedicated to DEI no longer loads and ins