Volkswagen pumps 1B euros into China electric vehicle center

Auto Shanghai, which is underway this week, is a yearly opportunity for carmakers and auto suppliers to flex their muscles and show their commitment to China, the world’s largest... Read more »

Netflix’s ad-supported plan gets support for 1080p quality and two concurrent streams

Netflix is upgrading its ad-supported plan in terms of streaming quality and concurrent streams. The company said users subscribed to this plan will be able to see content in... Read more »

Tesla cuts prices for Model 3, Model Y on eve of Q1 earnings

Tesla has cut the price of its Model 3 and Model Y electric vehicles for the second time this month. Now, Tesla’s most popular models will start under $40,000... Read more »

Another round of mass layoffs expected at Meta this week

Meta, formerly Facebook, is expected to issue another round of mass layoffs Wednesday, according to a report from Vox that cites “several sources working at the company.” The layoffs... Read more »

The Polestar 4 replaces a rear window with a hi-def screen

Polestar introduced the Polestar 4, the second SUV in its lineup, at Auto Shanghai 2023. Actually, it’s technically an SUV coupé, meaning it has the space and four doors... Read more »

Daily Crunch: Citizen Lab claims Apple’s ‘Lockdown Mode’ helped block spyware attack by hacker group NSO

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Tuesday Crunch, our crunchiest of... Read more »

Einride brings its electric trucks to U.K. freight sector in partnership with PepsiCo

Electric and autonomous trucking company Einride is expanding to the U.K., representing the latest in a line of European market expansions. Einride said that it’s looking to target the... Read more »

There was just one fintech unicorn birth in the first quarter

Global fintech funding totaled $15 billion in the first quarter of this year, growing 55% from the fourth quarter, according to CB Insights’ latest State of Fintech report.  While... Read more »

Europe spins up AI research hub to apply accountability rules on Big Tech

As the European Union gears up to enforce a major reboot of its digital rulebook in a matter of months, a new dedicated research unit is being spun up... Read more »

Netflix will crack down on password sharing this summer

Netflix’s long-awaited crackdown on password sharing is finally coming to the U.S., the streamer said on Tuesday. Netflix originally planned to roll out “paid sharing,” an update designed to... Read more »
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