Columbus, OH

Business Insider

As funding to startups stagnates, tech investors are putting fewer points on the board, making it harder to get promoted.

For young, promising venture capitalists, the path to partner has suddenly become much steeper

The investment was one of the largest in GV’s 15-year history, Cribl claims. As a part of the deal, GV general partner Michael McBride will join Cribl’s board of directors. Cribl’s software helps to analyze, collect, process and route IT and security data to various systems, databases and...

Data infrastructure startup Cribl raises $319M at a $3.5B valuation

TPG, a major private equity player, is discussing to lead the investment, the sources said. The new investment will value Eruditus at up to $2.3 billion, according to proposed terms, the sources added, requesting anonymity as the deliberations are ongoing. This valuation is tied to Eruditus meeting specific performance targets....

TPG nears $150M funding in India’s Eruditus at $2.3B valuation

Mercately is a B2B software that builds the infrastructure brands need to sell directly on WhatsApp. The company integrates with platforms like Stripe and HubSpot and uses AI agents to help brands communicate with customers, check inventory, take payments and create purchase orders without the customer having to leave WhatsApp.

How Techstars, Meta helped profitable LatAm startup Mercately raise a $2.6M seed

However, private equity has also been busy in the public markets, with some big deals going down to transform underperforming companies with strong growth prospects. According to PitchBook, there were 136 take-private deals led by private equity firms in 2023, up 15% on the previous year. New data provided to TechCrunch by PitchBook indicates that so far in 2024, there have been 97 such deals, meaning we’re roughly on course to match last year’s figure (give or take) if the current trajectory holds.

The 12 biggest take-private PE acquisitions so far this year in tech

Until only a few years ago, the assumption was that 9-5 office-based work was the best thing for business. Now, thanks to the global remote-work experiment kickstarted by COVID, the majority of companies have moved the needle on remote working – including major tech corporations like Google. While Google’s...

Fully Remote Jobs at Google You Can Apply for in August 2024

Texas State

Walmart’s Zoom call in May was anything but routine for the roughly 300 employees who learned they would need to relocate or lose their jobs. Bloomberg, citing unnamed sources with knowledge of the situation that were on the call but not allowed to speak during it, said they were told during the meeting that Walmart would start requiring thousands of workers from its smaller offices and remote locations to move to one of its main office hubs to boost in-person presence.

Walmart employees were caught off-guard by the company’s mandate to relocate

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Irvine, CA

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NewSantaAna

A check from an Irvine business was intercepted from the mail around May 3, according to the Irvine Police Department . This man is suspected of depositing the stolen check into an ATM account. The investigation is ongoing, but it would be helpful to the investigation to identify this suspect.

Man wanted for stealing a $20K check in Irvine and depositing it at an ATM

Sag Harbor, NY

Justin Timberlake had a pricey wristwatch, a vape pen, and over $300 in cash on him when he was arrested on DWI charges on eastern Long Island in June. Law enforcement officers discovered the singer, 43, holding a vape device, a Rolex watch, a gold band, and a wallet containing $306 in bills when he was arrested in Sag Harbor on June 18, as reported by the Daily Mail.

Justin Timberlake had a vape pen, Rolex, and $306 cash at the time of his DWI arrest: police report

North Carolina State

Winston-salem, NC

Town Talks

A North Carolina restaurant serves fried chicken in a “spicy, savory” sauce — and fans can’t get enough. So much so, the restaurant now ranks as the state’s No. 1 place to eat fried chicken.

Best fried chicken in North Carolina is at this restaurant, Yelp says. Why it’s No. 1

Melbourne, FL

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Akeena

A Burger King location in Melbourne, Florida, has been temporarily shut down for the third time following since 2023 after a recent state inspection that identified multiple health violations. This incident underscores ongoing concerns regarding the restaurant's adherence to health and safety standards.

A dead lizard, dead roaches, rodent droppings - Florida fast food restaurant closed again

NEX creates "controllable and IP-consistent" image-generation models for creative tasks and aims to be the "visual media tool for the AI era."

Visual AI startup NEX raises $3.5 million seed round led by Foundation Capital

They can’t believe the employee’s response. An attempt at reviewing desserts from Crumbl Cookies took an awkward turn for two TikTokers who weren’t happy with the Oreo cheesecake.

‘They’re doing something wrong’: Crumbl customers ask for a refund after ordering Oreo cheesecake.

Plans call for integrating Robust Intelligence's AI security platform with Cisco Security Cloud to streamline threat protection for AI applications and models and increase visibility into AI traffic. Cisco today announced plans to acquire Robust Intelligence, a security startup with a platform designed to protect AI models and data throughout...

Cisco snaps up AI security player Robust Intelligence

South Carolina State

Five U.S. military bases are leading the charge in America's clean energy revolution, and it's a win-win for national security and your wallet. The U.S. Department of Defense just announced a groundbreaking partnership with Duke Energy to power five military installations in North Carolina and South Carolina with 100% clean electricity, according to Electrek. This $248 million deal will bring two new 135-megawatt solar farms online by September 2026, providing an estimated 4.8 million megawatt hours of clean power over 15 years.

Five U.S. military installations make electrifying changes: 'Allows the Army to contribute to a more reliable commercial grid'

FinanceBuzz

Looking for a career with high growth potential? These jobs are projected to grow the fastest by 2031.

These 14 Jobs Will Grow the Fastest Between Now and 2032

POLITICO

The case against RealPage from the DOJ and eight states comes as housing costs are top of mind in the 2024 election.

Feds sue software company for enabling nationwide collusion on rent

In 2027, Facebook parent company Meta Platforms, Inc. will purchase up to 150 megawatts of geothermal baseload power for its data center infrastructure, the company announced today. The top line: The tech giant inked a deal with Houston-based Sage Geosystems, an advanced geothermal company whose approach to harnessing clean energy...

Meta is betting big on geothermal for data centers

To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. Last week, the fintech world was abuzz with the crazy deal that Bolt had proposed to its shareholders. It was enough to make anyone’s head spin. So I talked to a VC lawyer and two of the potential investors and provided a bunch of context in this piece. The TLDR is that Bolt is trying to push investors to vote in support of a $200 million Series F raise and a $250 “marketing credits” deal. As part of that, founder Ryan Breslow would come back as CEO — and get a $2 million bonus, plus an additional $1 million of back pay, for doing so! We’re all on the edge of our seats to see what happens next.

Just how much cash does Stripe have?

NewsBreak

Palico is now the first FINRA-approved company to facilitate online LP-led secondaries deals

Paris-based Palico quietly got approval from the Financial Industry Regulatory Authority (FINRA) in July to be the first company able to facilitate end-to-end LP secondaries transactions...

Palico is now the first FINRA-approved company to facilitate online LP-led secondaries deals

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