The FCC has made a final denial of Starlink’s application for $885 million in public funds to expand its orbital communications infrastructure to cover parts of rural America, saying the company “failed to demonstrate that it could deliver the promised service.” As previously reported, the money in question was part of the Rural Digital Opportunity…
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by James Wagoner, the co-founder and CEO of Joule Case, a startup that is creating a cleaner alternative to diesel generators. Wagoner talked about his journey to launching the company after the first company he, and…
Builders, bakers and body conditioners might not be the first trades that come to mind when you think about how AI is transforming how we work. But today a startup that’s building AI-powered business tools specifically for them — and the thousands of other categories that make up the world of small businesses and service…
If you still think of Fortnite as a colorful, cartoony battle royale game, you might be surprised to learn the extent of Epic’s true ambitions. Fortnite’s big, chaotic fight to the death matches may still get top billing, but Epic has steadily been expanding the horizons of its marquee game to be more of a…
Terran Orbital CEO Marc Bell told employees Monday the company is not looking for a buyer in an effort to quash a report that it was seeking bids by the end of the month, according to sources who spoke to TechCrunch. Bell’s comments came during an all-hands meeting with staff, following a Wall Street Journal article…
Clothing retailer Shein’s filing confidentially for a U.S. IPO has brought low-cost retailers from the People’s Republic of China to the forefront of both consumers’ and regulators’ minds. And Temu, another China-based discount retailer that’s often mentioned in the same breath as Shein, is looking particularly interesting today. The Exchange explores startups, markets and money.…
A lesser-known but significant player in the Silicon Valley tech world is getting acquired today — a move that underscores the changing economics in the world of hardware, and who wants to get more involved in that space. Surfaceink, a company that got its start as Apple’s key hardware engineering partner after the return of…
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role. Amazon didn’t immediately respond to a request for comment by email and phone. The e-commerce giant announced plans to invest…
SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters that have tipped and swayed SumUp itself. The startup, which has roots in Germany but…
People in many parts of the world are trying to lower their impact on the climate. From companies to countries, a lot of groups have goals to reduce their environmental impact. With innovation in areas like electric vehicles, wastewater treatment and battery recycling, among many others, those goals seem easier to attain than ever before.…
