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Temu stops shipping products from China to the U.S.
Chinese retailer Temu has shifted strategy in the face of U.S. tariffs.
Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without…
NASA $6 billion budget cut, acting administrator sees ‘tough choices’
The Trump administration has floated a plan to trim about $6 billion from the budget of NASA, while allocating $1 billion of remaining funds to Mars-focused initiatives, aligning with an ambition long held by Elon Musk and his rocket…
Block plunges 20% as Cash App miss triggers downgrades
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.The first-quarter earnings miss rattled…
TechCrunch Mobility: Aurora launches its driverless commercial trucking service, and a surprise…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility!
Your usual host Kirsten has passed the reins to me, Rebecca Bellan,…
Temu halts shipments direct from China as de minimis tariff rule ends
Nurphoto | Nurphoto | Getty ImagesChinese bargain retailer Temu changed its business model in the U.S. as the Trump administration's new rules on low-value shipments took effect Friday.In recent days, Temu has abruptly shifted its…
AI chatbots are ‘juicing engagement’ instead of being useful, Instagram co-founder warns
Instagram co-founder Kevin Systrom says AI companies are trying too hard to “juice engagement” by pestering their users with follow-up questions, instead of providing actually useful insights.
Systrom said the tactics represent “a…
Venmo gaining ground in payments as Cash App struggles
In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch.The parents of both businesses reported quarterly results this week. PayPal, which owns Venmo, reported an…
Ireland fines TikTok €530 million for sending EU user data to China
The TikTok logo is seen outside the Chinese video app company's Los Angeles offices on April 4, 2025 in Culver City, California.Robyn Beck | AFP via Getty ImagesTikTok has been fined 530 million euros ($601.3 million) by Ireland's…
Apple changes US App Store rules to let apps redirect users to their own websites for payments
Apple has changed its App Store rules in the U.S. to let apps link users to their own websites so they can buy subscriptions or other digital goods.
This change comes after a U.S. court ruled in favor of Epic Games in a case against…
Block (XYZ) earnings Q1 2025
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15% in extended trading.Here is how the company did, compared to analysts' consensus estimates…
Peacock trained TikTokers to make content, and now four creators are getting original series
Three years ago, a group of TikTokers joined NBCUniversal’s new initiative aimed at transforming social media influencers into the next generation of TV show creators.
Now, four of these creators are set to launch their original…
Meta Platforms jumps 5% on earnings beat, advertising resilience
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, on Sept. 25, 2024.Manuel Orbegozo | ReutersMeta Platforms shares jumped more than 5% Thursday…
Tesla shares fall on report that company’s board seeks new CEO to replace Elon Musk
Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025. Nathan…
From tech pioneers to ‘extremists’: Belarusian founders face exile and statelessness
In 2013, Tatyana Marynich and Anastasiya Khamiankova opened the doors to Imaguru, a startup hub in Minsk, Belarus that would go on to launch some of Eastern Europe’s most prominent tech success stories. A decade later, they’ve been…
Court finds Apple, executive lied under oath in Epic Games trial
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York on Aug 1, 2018.Lucas Jackson | ReutersApple willfully violated and ignored a 2021 decision that came out of the Epic Games case, Judge Yvonne…
Rivian’s reportedly sitting on a stockpile of tariff-free batteries
Rivian built up a stockpile of batteries for its trucks, SUVs, and commercial vans before and after the election of Donald Trump, a strategy used to soften the blow of the president’s tariffs, according to Bloomberg News.
The company…
Snap sinks 15% after withholding guidance, citing ad concerns
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty ImagesSnap shares fell more than 15%…
Sarah Tavel, Benchmark’s first woman GP, transitions to venture partner
Eight years after joining Benchmark as the firm’s first woman general partner, Sarah Tavel announced on X that she is transitioning to a more limited role at the storied venture firm.
In her new position as a venture partner, Tavel…