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Fisker loses customers’ money, Robinhood launches credit card, Google generates travel itineraries | TechCrunch


Hello, and welcome to TechCrunch’s Weekly Review (WiR), a newsletter that recaps the biggest stories in tech over the past few days.

This week, TC’s automotive reporter Sean O’Kane disclose How electric-car startup Fisker temporarily lost millions of dollars in customer payment records as it scaled up deliveries led to an internal audit that began in December and took months to complete.

Elsewhere, Lorenzo report How Facebook snooped on users’ Snapchat traffic in a secret project internally called “Project Ghostbusters” within Meta. According to court documents, the goal of the project is to intercept and decrypt web traffic between people using the Snapchat app and its servers.

Manish wrote Stability AI founder and CEO Emad Mostaque resigns Late last week, Mostaque left Stability AI, the startup best known for its popular image generation tool Stable Diffusion, amid the company’s continued struggle (pun intended) with stability, which is reportedly set to end by 2023 In October, the company was spending about $8 million a month with barely any revenue to show.

A lot more happened.We recap it all in this issue of WiR – but first, a reminder Sign up Receive the WiR newsletter in your inbox every Saturday.

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Fisker suspended: Fisker’s bad week continues, with trading in the startup’s stock halted. The New York Stock Exchange delisted Fisker from the exchange, citing “unusually low” stock levels.

AI-driven journey: in its upgraded version Search-generated experienceGoogle has added the ability for users to ask Google searches to plan travel itineraries. Using artificial intelligence, the search will draw ideas from sites across the web, as well as reviews, photos and other details.

Robin Hood’s new cards: nine months later Acquired credit card startup X1 Robinhood announced on Wednesday that it is spending $95 million to launch a new gold card powered by X1 technology, with a series of features that may make Apple Card users green with envy.

At AT&T, my mother’s words are: This week, the personal information of approximately 73 million AT&T customers was leaked online. However, AT&T did not disclose the specific reasons, although the hacking incident occurred more than three years ago.

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Booming co-pilot: Budgeting app Copilot has raised $6 million in a Series A funding round led by Nico Wittenborn’s Adjacent. The app benefited in part from the demise of Intuit’s financial management product Mint.

Current assets: In an article looking at the broader venture-backed beverage industry, Rebecca and Christine note that canned water startup Liquid Death recently raised $67 million in funding, bringing the company’s total funding to more than $267 million . Talk about liquidity.

HVAC companies: Former Nextdoor executive Dan Laufer has raised $25 million from Canvas Ventures and others for PipeDreams, a startup that acquires mom-and-pop HVAC and plumbing companies and uses its software to help with scheduling and marketing to scale .

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Is Nvidia the next AWS? : Ron wrote that there are many similarities in the growth trajectories of Nvidia and AWS.

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this week in fair, staffers take a deep dive into Robinhood’s new credit card, Fisker’s recent woes, and even Databricks’ new $10 million AI model to launch. They also highlight two new startups focused on children, and finally, they examine a new $100 million fund aimed at supporting innovative climate technologies.

At the same time, at establishedAllison Wolff, co-founder and CEO of Vibrant Planet, a cloud-based planning and monitoring tool for adaptive land management, discusses why we are seeing more wildfires today than we Fires that can be controlled are hotter and spread faster, and proper land management can help foster lower, slower-burning fires.

continue chain reactionJacquelyn Scott Dykstra, Chief Technology Officer and Co-Founder of Space and Time. Space and Time aims to be a verifiable computing layer for web3 that scales zero-knowledge proofs, a cryptographic operation used to prove something about the data without revealing the source of the data itself.

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Spotify tests online learning: To get its more than 600 million users to spend more time and money on its platform, Spotify is constantly introducing new content: e-learning. Starting with its launch in the UK, the (traditional audio) streaming platform is testing the waters with its online education offering of freemium video courses.



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