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Category Tech News

Why investors are going gaga over solid state transformers

[ad_1] It’s no secret that the electronics industry is getting old, but one area stands out from the rest. Transformers haven’t changed much since Thomas Edison invented his first light bulb. Now, utilities are working to modernize the transformer, replacing…

Startup Battlefield 200 nominees are now open

[ad_1] Pre-Series A founders, now is your turn! If your startup is ready to be tested under real challenges, the battlefield is open. We are still accepting nominations for TechCrunch Startup Battlefield 200. This is your shot to get into…

Lucid Motors cuts 12% of its workforce as it seeks profits

[ad_1] Lucid Motors is laying off 12% of its workforce in an effort to “improve operational efficiency and optimize our resources while continuing to drive profitability,” according to an internal memo obtained by TechCrunch. Hourly workers in the production, manufacturing,…

Meta’s metaverse leaves the real world behind

[ad_1] Trim he announced a major update to its most immersive world, Horizon Worlds, on Thursday that will see it stop moving. The tech giant said it is changing Horizon Worlds to be “almost mobile” and that it is “separating”…

InScope nabs $14.5M to ease financial reporting pain

[ad_1] Even without an accounting background, anyone who has looked at a 10-K or 10-Q can tell you that preparing financial statements is hard, hard work. While platforms like Workiva and Donnelley Financial Solutions aim to streamline financial reporting, longtime…