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Updated 2024-11-26 08:16
Human Capital: Uber engineer explains why he spoke out against Prop 22
Welcome back to Human Capital, where we discuss the latest in labor, diversity and inclusion in tech. This week’s eyebrow-raising moment came Wednesday when the U.S. Department of Labor essentially accused Microsoft of reverse racism (not a real thing) for committing to hire more Black people at its predominantly white company. And that wasn’t even […]
How Roblox completely transformed its tech stack
Picture yourself in the role of CIO at Roblox in 2017. At that point, the gaming platform and publishing system that launched in 2005 was growing fast, but its underlying technology was aging, consisting of a single data center in Chicago and a bunch of third-party partners, including AWS, all running bare metal (nonvirtualized) servers. […]
Why Amazon and Panasonic are betting on this battery recycling startup
JB Straubel, the Tesla co-founder and former CTO, is often cast as the humble and pioneering engineer, the quiet one who toiled away in the background for 15 years on some of the company’s most important technologies. That characterization — which intensified as the hype and media attention on Tesla CEO Elon Musk grew — […]
Facebook and Instagram will pin vote-by-mail explainers to top of feeds
Starting this weekend, everyone of voting age in the U.S. will begin seeing informational videos at the top of Instagram and Facebook, offering tips and state-specific guidance on how to vote through the mail. The videos will be offered in both English and Spanish. The vote-by-mail videos will run on Facebook for four straight days […]
Chinese browser Tuber offers a glimpse beyond the Great Firewall — with caveats
China now has a tool that lets users access YouTube, Facebook, Twitter, Instagram, Google and other internet services that have otherwise long been banned in the country — selectively. Called Tuber, the mobile browser debuted on China’s third-party Android stores this week, with an iOS launch in the pipeline. The landing page of the app […]
Top mobility VCs on the risks and rewards in partnering with giants like Amazon
At our recent TechCrunch Mobility event, we spoke with Amy Gu, the founder and managing partner of Hemi Ventures, Olaf Sakkers, a founding partner at Maniv Mobility and Reilly Brennan, the founding general partner at Trucks VC. We discussed a wide range of things, from frayed U.S.-China relations, to the mobility industry’s eager embrace of […]
Changing how retweets work, Twitter seeks to slow down election misinformation
Twitter announced Friday a major set of changes to the way its platform would work as the social network braces for the most contentious, uncertain and potentially high-stakes election in modern U.S. history. In what will likely be the most noticeable change, Twitter will try a new tactic to discourage users from retweeting posts without […]
Odell Beckham Jr. turned to Mojichat’s advertising features during his inaugural live-stream
Mojiit, the Los Angeles-based company behind the popular avatar generation service Mojichat, has landed one of its highest-profile users with the launch of Odell Beckham Jr.’s live stream over the weekend. As Odell Beckham Jr. did his first live stream with the gaming superstar Dr. Disrespect, he turned to Mojichat to create the pop-up onscreen […]
Polestar CEO defends the Polestar 2’s recall and 233-mile EPA rating
Polestar is a young automaker spun out of Volvo and Geely. Now, just four years old, it has two cars on the market with more launching soon. Like many startups, the company is weathering early storms coming from government regulators and early recalls. Earlier this week, the EPA released its findings on the Polestar 2’s […]
YCharts sells to PE firm in all-cash transaction as it looks to pass $15M ARR this year
This morning, YCharts, a financial data and charting service, announced that it has been purchased by LLR Partners, a private equity firm. The companies are dubbing the transaction a “growth recapitalization,” indicating that the smaller firm won’t be stripped of its talent in hopes of driving near-term positive EBITDA. The deal was an all-cash transaction, […]
Porsche is researching synthetic fuels to make gas-powered cars sustainable
The road to sustainable vehicles likely ends at electric cars, yet the route to this goal isn’t clear. There are multiple ways to get there, and Porsche is looking at synthetic fuels as a potential path. These so-called eFuels are produced from CO2 and hydrogen. If produced using renewable energy, they can help vehicles powered […]
Funding for female founders falls to 2017 levels as pandemic shakes up the VC market
So much for progress. New data out this week from PitchBook indicates that the number of rounds raised by female-founded and co-founded companies fell year-over-year, with dollars invested in those rounds collapsing to 2017-era levels. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get The Exchange newsletter every […]
Pakistan bans TikTok over ‘immoral and indecent’ videos
Pakistan has banned popular short video app TikTok, citing circulation of videos that it deemed “immoral and indecent.” The move comes months after the South Asian country raised serious concerns about the nature of some videos on ByteDance’s app and the impact they posed on society. Pakistan issues ‘final warning’ to TikTok and blocks Bigo […]
Join Yext’s Howard Lerman for a Q&A October 13 at 2 pm ET/11 am PT
Heading into the third quarter and earnings season, TechCrunch is excited to announce that Yext CEO Howard Lerman will join us for a live Q&A next Tuesday as part of our continuing Extra Crunch Live series. The series recently hosted pairs of investors from Accel and Index Ventures and has hosted business leaders, from Mark Cuban to […]
High-profile startup execs back Indian influencers platform CreatorOS
The advent of low-cost Android smartphones and the world’s cheapest mobile data has paved the way for millions of social media influencers in India to amass a following of tens of millions of users in recent years. These influencers, also known as creators, share their daily vlogs, thoughts on a wide range of issues, and […]
Devialet announces wireless earbuds
High-end speaker manufacturer Devialet is launching its first pair of earbuds called Devialet Gemini. The in-ear earbuds feature active noise canceling and cost £279 in the U.K. — they will be available in the coming weeks. The Devialet Gemini are completely wireless, which means that there’s no cord between each earbud, like on Apple’s AirPods. […]
Hong Kong logistics unicorn Lalamove unveils foray into the US
Lalamove, an on-demand logistics service active in China, Southeast Asia, and Latin America, has officially entered the U.S. seven years after launch. As the COVID-19 pandemic keeps millions of Americans home, Hong Kong-based Lalamove believes it can seize the growing demand for delivery services in the country. It makes its debut in the Dallas Fort-Worth area, […]
Amid a boom in SPACs, few women investors
If you’ve been following the SPAC boom, you may have noticed something about these blank-check vehicles that are springing up left and right in order to take public privately held companies. They are being organized mostly by men. It’s not surprising, given the relative dearth of women in senior financial positions in banking and the […]
Militia tied to plot to kidnap Gov. Whitmer was removed from Facebook in boogaloo purge
According to details from a shocking new affidavit, the FBI uncovered a group planning “violent action against multiple state governments,” including a detailed plot to capture or kill Michigan Governor Gretchen Whitmer. Individuals involved in the plot organized across Facebook groups, in-person events and at least two encrypted chat apps that the FBI did not […]
Daily Crunch: Waymo opens up driverless ride-hailing
Alphabet’s self-driving technology company hits a major milestone, Apple TV+ extends its free subscription period and Affirm files to go public. This is your Daily Crunch for October 8, 2020. The big story: Waymo opens up driverless ride-hailing Waymo hit a major milestone today: It’s offering fully driverless rides to (some) members of the public. […]
No-code is the new blockchain
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. This week Natasha was on vacation, so Danny and your humble servant had to endeavor alone. She’s back next week, so we’ll be back to full strength as a collective soon enough. But even with […]
These tiny sensors can hitch a ride on mothback
Everyone is familiar with carrier pigeons, but what about carrier moths? This research project uses the nocturnal insects as a delivery service for tiny electronic packages that weigh less than a hundredth of an ounce. The system was created by graduate students at the University of Washington and its prolific tiny gadget creator Shyam Gollakota. […]
Waymo and TuSimple autonomous trucking leaders on the difficulty of building a highway-safe AI
TuSimple and Waymo are in the lead in the emerging sector of autonomous trucking; TuSimple founder Xiaodi Hou and Waymo trucking head Boris Sofman had an in-depth discussion of their industry and the tech they’re building at TC Mobility 2020. Interestingly, while they’re solving for the same problems, they have very different backgrounds and approaches. […]
Tech’s role in the COVID-19 response: Assist, don’t reinvent
The pandemic has affected just about every business in the world, but tech has also geared up to fight back in its own way, as we found out from speakers at Disrupt 2020. But technology has opted to take a back seat to frontline workers and find ways to support them rather than attempt to […]
Affirm files confidentially to go public
This afternoon Affirm, a startup focused on providing point-of-sale credit to consumers making online purchases, announced that it has filed to go public. The filing is confidential, so there’s little to be gleaned about the company’s performance from the news. That Affirm was exploring a public offering was reported by the Wall Street Journal back […]
These 3 factors are holding back podcast monetization
If we want podcasting to continue to scale beyond its current and projected advertising revenue heights, we need to resolve some fundamental challenges.
Podcast advertising has a business intelligence gap
Widespread misinformation and misconceptions are delaying ad revenue growth for podcast creators, publishers and networks.
Killer Mike, former Atlanta mayor Andrew Young, and Bounce TV founder Ryan Glover launch a digital bank
A group of Black Atlanta businessmen, politicians and entertainers — including former Atlanta Mayor Andrew Young, the entertainer Michael Render (better known as Killer Mike) and Bounce TV founder Ryan Glover — have launched a new digital bank focused on developing and promoting local communities and cultivating Black and Latinx entrepreneurs and small businesses. Named […]
Apple is extending some AppleTV+ subs through February 2021 for free
Apple told me today that it will be extending AppleTV+ subscriptions that are set to end November 1, 2020 through January 31, 2021 through their billing date in February of 2021. The basic situation is that Apple gave away a free year of AppleTV+ to new device purchasers last year and those are all set […]
Google Assistant can now control Android apps
Google today announced it’s making it possible to use the voice command “Hey Google” to not just open but also perform specific tasks within Android apps. The feature will be rolled out to all Google Assistant-enabled Android phones, allowing users to launch apps with their voice as well as search inside apps or perform specific […]
Enhanced computer vision, sensors raise manufacturing stakes for robots as a service
Firms developing computer vision technology for standard robots, developments in 3D vision and so-called “Robots as a Service” are defining the next wave of automation.
Blissfully expands from SaaS management into wider IT services aimed at midmarket
When Blissfully launched in 2016, it was focused on helping companies understand their SaaS usage inside their organizations, but over time the company has seen that there is a wider need, especially in midmarket companies, and today it announced it was expanding into broader IT management. Company co-founder and CEO Ariel Diaz says that the […]
Millennial Media’s Paul Palmieri launches Tradeswell, a startup promising to fix e-commerce margins
A new startup called Tradeswell said it’s using artificial intelligence to help direct-to-consumer and e-commerce brands build healthier businesses. The company is led by Paul Palmieri, who previously took mobile advertising company Millennial Media public and then sold it to TechCrunch’s corporate parent AOL (now Verizon Media). Afterwards, Palmieri founded Grit Capital Partners, but he […]
Instacart raises $200M more at a $17.7B valuation
Instacart announced today that it has raised $200 million in a new funding round featuring prior investors. D1 Capital and Valiant Peregrine Fund led the investment. Instacart is now worth $17.7 billion, post-money, or $17.5 billion pre-money. The plan is to use the funding to focus on introducing new features and tools to improve the […]
Waymo starts to open driverless ride-hailing service to the public
Waymo, the Google self-driving-project-turned-Alphabet unit, is beginning to open up its driverless ride-hailing service to the public. The company said that starting today members of its Waymo One service will be able to take family and friends along on their fully driverless rides in the Phoenix area. Existing Waymo One members will have the first […]
General Motors finally gets serious about in-car tech, taps Unreal Engine for next-gen interface
The upcoming GMC Hummer EV will feature a new in-car user interface powered by Unreal Engine . This powerful platform underpins the latest video games and is well-suited to provide vehicle occupants with a dynamic and robust experience. Epic Games made the announcement yesterday while unveiling the latest development tools for its human-machine interface program. […]
The Zebra reaches $100M run rate, turns profitable as insurtech booms
From a cluster of insurance marketplace startups raising capital earlier this year, to neoinsurance provider Lemonade going public this summer at a strong valuation, Hippo’s huge new round and Root’s impending unicorn IPO, 2020 has proven to be a busy year for startups and other growth-oriented private tech companies focused on insurance. That news cycle […]
Greycroft, Lerer Hippeau and Audible back audio measurement startup Veritonic
Veritonic is announcing that it has raised $3.2 million in Series A funding led by Greycroft, with participation from Lerer Hippeau and Amazon-owned audiobook service Audible. CEO Scott Simonelli, who founded the New York startup with COO Andrew Eisner and CTO Kevin Marshall, told me that his goal is to create a new category of […]
Microsoft is building a price comparison engine into its Edge browser
With its Edge browser now stable, Microsoft’s current focus for its Chromium-based browser is to build features that differentiate it from the competition. With the holiday season coming up fast (though who knows what that will actually look like this year), it’s maybe no surprise that one of the first new features the company is […]
Headroom, which uses AI to supercharge videoconferencing, raises $5M
Videoconferencing has become a cornerstone of how many of us work these days — so much so that one leading service, Zoom, has graduated into verb status because of how much it’s getting used. But does that mean videoconferencing works as well as it should? Today, a new startup called Headroom is coming out of […]
Delivery startup goPuff raises $380M at a $3.9B valuation
GoPuff is a Philadelphia-headquartered startup that delivers products like over-the-counter medicine, baby food and alcohol (basically, the stuff you’d buy at a convenience store) in 30 minutes or less. Yakir Gola, who serves as co-CEO with his co-founder Rafael Ilishayev, told me that their goal is to create “the go-to platform for over-the-counter medicine or […]
Density’s Open Area radar tracks people in a space, precisely but anonymously
Everyone in the world is rethinking shared spaces right about now, and part of that rethink is understanding how they’re used, minute by minute and day by day. Density’s tiny ceiling-mounted radar finds and tracks people unobtrusively but with great precision, letting the powers that be monitor every table, chair, and office. Okay, in some […]
Harbor, the app that gamifies emergency preparedness, launches
Harbor, an emergency-preparedness company that just raised $5 million in seed, has today publicly launched its app. The app gamifies the process of preparing your home and family for whatever crisis may befall them, including common emergencies like house fires and more widespread disasters like earthquakes, fires, etc. Led by former Headspace exec Dan Kessler, […]
Understanding Airbnb’s summer recovery
New numbers concerning Airbnb’s summer performance were reported this week, with The Information adding to the performance figures that Bloomberg previously detailed earlier this year. Airbnb announced that it filed privately to pursue a debut this August. We have yet to see its public IPO filing, but, all the same, the flotation is coming. The Exchange […]
Lime revamps its app to include competitors, starting with Wheels ebikes
Lime might best known for its bright green micromobility devices, or more recently, its ownership of the iconic red Jump electric bikes. But now, the company is expanding in a way that could see it “housing” numerous other micromobility brands on its own app. The Lime app, which is used by customers to find and […]
Virgin Hyperloop to safety test its hyperloop technology at new West Virginia certification center
Virgin Hyperloop announced a key step in its long-term goal of making hyperloop transportation a reality in the U.S. on Thursday. The company revealed it will be doing its certification testing at a new West Virginia facility. This will be crucial to the creation of a national safety certification framework for the U.S., which will […]
A developer of therapy devices for athletes is now worth $700 million thanks to superstar backers like Naomi Osaka
A crew of high-wattage celebrity athletes have teamed up to invest $47.8 million into Hyperice, a developer of medical devices designed to help players and fitness buffs recover after workouts or games. Backing the company are some of the biggest names in baseball, basketball, football, surfing, and tennis including: Seth Curry, Anthony Davis, Rickie Fowler, DeAndre […]
As IBM spins out legacy infrastructure management biz, CEO goes all in on the cloud
When IBM announced this morning that it was spinning out its legacy infrastructure services business, it was a clear signal that new CEO Arvand Krishna, who took the reins in April, was ready to fully commit his company to the cloud. The move was a continuation of the strategy the company began to put in […]
Amazon debuts its first fully electric delivery vehicle, created in partnership with Rivian
Amazon has received delivery of its very first, custom-built EV delivery van – a vehicle built through its partnership with electric transportation startup Rivian. The van doesn’t look too different from existing, traditional fuel and hybrid commercial delivery vans (though there are a lot more rounded edges) but most of the innovation is happening in […]
Zero’s SR/S doubles as an EV sport motorcycle and sport-tourer
Zero’s 2020 SR/S could be your EV sport bike or sport-tourer. Unveiled earlier this year, the all electric motorcycle brings performance attributes of both classes — with a unique list of pros and cons compared to gas-powered peers. The SR/S also adds to the business mission of its manufacturer, Zero. The California based EV company […]
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