Welcome to the very last issue of The Exchange! With TechCrunch+ sunsetting this month, The Exchange column and its newsletter are also coming to an end. Thank you for reading, emailing, tweeting, and hanging out with us for so many years. P.S. A special thanks from myself to Anna, who was nothing short of a…
Intuitive Machines’ spacecraft touched down yesterday on the lunar surface . . . sideways. CEO Steve Altemus confirmed during a press conference Friday that, while it wasn’t a perfect landing, it’s nothing short of a miracle the spacecraft landed intact at all. Using a small model of the lander, Altemus demonstrated how engineers believe the spacecraft, called Odysseus, made its…
Intuitive Machines’ spacecraft touched down yesterday on the lunar surface . . . sideways. CEO Steve Altemus confirmed during a press conference Friday that, while it wasn’t a perfect landing, it’s nothing short of a miracle the spacecraft landed intact at all. Using a small model of the lander, Altemus demonstrated how engineers believe the spacecraft, called Odysseus, made its…
Intuitive Machines‘ spacecraft touched down yesterday on the lunar surface… sideways. CEO Steve Altemus confirmed during a press conference Friday that, while it wasn’t a perfect landing, it’s nothing short of a miracle the spacecraft landed intact at all. Using a small model of the lander, Altemus demonstrated how engineers believe the spacecraft, called Odysseus,…
Reddit’s long-awaited IPO is nearing, promising to be the largest social media IPO since Pinterest. But in the company’s S-1 filing, Reddit fails to fully address the complications that arose from changes to its developer platform and API pricing, which late last year led to site-wide protests, communities going dark, site stability issues, and traffic…
Security experts are warning that a pair of high-risk flaws in a popular remote access tool are being exploited by hackers to deploy LockBit ransomware — days after authorities announced that they had disrupted the notorious Russia-linked cybercrime gang. Researchers at cybersecurity companies Huntress and Sophos told TechCrunch on Thursday that both had observed LockBit…
Meta said Thursday that it has started to test two “most requested” features: drafts and in-app camera. Instagram head Adam Mosseri said that both features are available to only a small number of people. Users who have access to the draft can save only one post (bummer). You can write the post you might want…
Matt Mullenweg, CEO of Tumblr owner Automattic, is supposed to be on sabbatical. Instead, he’s arguing with Tumblr users over an individual content moderation decision, which has sparked community-wide outcry and accusations of transphobia. Over the last few days, the situation escalated to the point that Mullenweg has engaged with the user in question on…
Beleaguered electric trucking company Nikola has sold the Badger electric pickup truck assets it was once supposed to build with General Motors. The buyer? A new company called Embr Motors created by vehicle builder and television personality Dave “Heavy D” Sparks, one half of the former TV duo the Diesel Brothers. Embr now owns the…
The adoption of open banking and instant payments is moving slowly in the United States compared to other markets around the world, for example, Brazil. That said, the new program FedNow went live in July 2023, and data-sharing regulations are forthcoming, so more potential is on the horizon. Until then, the co-founders of Zūm Rails…
