TechCrunch Top 3

Klarna's IPO pops, raising $1.4B, with Sequoia as the biggest winner: Of the 34.3 million shares Klarna sold, only 5 million were sold by the company, it said. The rest were sold by existing investors. Read More

Replit hits $3B valuation on $150 million annualized revenue: Replit's annualized revenue has skyrocketed from $2.8 million to $150 million in less than a year, it said. Read More

All of the iPhone 17 models compared: All four of the devices will be available to preorder on Friday and will be available on September 19. Read More

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Afternoon Must-Reads

Uber will add Blade's helicopters to its platform as early as 2026: The move comes just one month after Uber partner Joby acquired Blade's passenger business. Read More

OpenAI and Oracle reportedly ink historic cloud computing deal: OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span. Read More

Perfect your pitch: Investors share what really makes founders stand out at TechCrunch Disrupt 2025: What makes a startup pitch stand out? At TechCrunch Disrupt 2025, October 27–29 in San Francisco, hear candid insights from Defy.vc's Medha Agarwal, Harness CEO Jyoti Bansal, and January Ventures' Jennifer Neundorfer. Read More

Vimeo to be acquired by Bending Spoons in $1.38B all-cash deal: The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024. Read More

Spotify is finally launching support for lossless music streaming: Spotify is finally launching lossless music streaming support after consumers demanded it for years. Read More

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Last but Not Least

Lyft and May Mobility launch robotaxis in Atlanta: Lyft is trying to carve out a presence in the autonomous vehicle market. But the ride-hailing company still lags far behind Uber. Read More