A couple of days ago, soloist Somi revealed that she has started a new makeup brand, GLYF, with the first product being a highlighter palette. However, after learning that the four-colored palette cost ₩43,000 KRW (about $ 31.90 USD), netizens were quick to criticize the high price for such an item, even from a celebrity. In particular, […]
MessageBird rebrands as Bird, and slashes prices by 90% on SMS to take on Twilio
No, don’t think Bird Scooters. Think Bird, formerly MessageBird. For the Amsterdam-based unicorn is now re-branding as such after reportedly acquiring the Bird.com domain name a couple of years ago, allegedly for many millions. Founded in 2011 by Adriaan Mol and Robert Vis, the cloud communications platform for enterprises is also launching a range of […]
Google’s Gemini comes to more apps, Cruise slashes its workforce and Tesla issues a recall
Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter covering the major happenings in the tech-o-sphere — or most of them, anyway. As the world’s largest AI conference, NeurIPS, got underway in sunny New Orleans, Google shared more on Gemini, its flagship AI model family — and lots happened elsewhere. In this edition […]
Ford slashes production target for all-electric F-150 Lightning to match demand
Ford will cut production of its all-electric pickup truck in 2024 in an effort to match consumer demand, the automaker confirmed to TechCrunch. Ford executives signaled in October during its third-quarter earnings call plans to”adjust” production of its all-electric vehicles and delay about $ 12 billion in investments due to softening demand for higher priced […]
FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x […]