Cluely CEO Roy Lee admits to publicly lying about revenue numbers last year The $7 million in annual recurring revenue that Cluely co-founder and CEO Roy Lee shared with TechCrunch last summer was a lie, Lee admitted on Thursday on X. Wrote Lee, this “is the only blatantly dishonest thing i’ve said publicly online, so this is my formal retraction.” Yet his post on X also misrepresents the...

Chinese brain interface startup Gestala raises $21M just two months after launch Elon Musk’s Neuralink and OpenAI-backed Merge Labs are pushing forward with brain–computer interface (BCI) technology in the U.S. Meanwhile, Chinese serial entrepreneur Phoenix Peng is building rival efforts through two startups: NeuroXess, which develops implantable BCI systems, and a second company, Gestala,...

Didero lands $30M to put manufacturing procurement on ‘agentic’ autopilot Tim Spencer realized just how complicated manufacturing procurement can be while running Markai, an e-commerce startup in Asia, during the pandemic. “We had thousands of suppliers, and we were distributing products into dozens of countries around the world,” Spencer (pictured left) told TechCrunch. His staff was...

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Lebanon enters talks with Israel but with no cards to play3 hours agoHugo BachegaMiddle East correspondent, Beirut BBCWith Lebanon, again, engulfed by war, I remember a meeting I had with President Joseph Aoun at the Baabda Palace, a modernist building at the top of a hill overlooking Beirut last August.Aoun, a former army chief, took office after a devastating war between Israel and Hezbollah,...