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Updated 2024-11-28 12:02
Vice President Pence bulks up Coronavirus Task Force with medical and economic experts
On the first day as the new leader of the U.S. government’s efforts to contain the spread of the coronavirus, Vice President Mike Pence announced a number of new appointments to the government’s Coronavirus Task Force. The point person for the government (who will be reporting to Vice President Pence) is Deborah Birx, a longtime […]
Quick notes on the DoorDash IPO filing
Earlier today, during an eye-popping market selloff, DoorDash announced that it has privately filed to go public. The decision to file privately will allow the high-valued startup to get its S-1 documents in good order with the SEC before showing the rest of us what it has up its sleeve. The move to announce its private […]
Microsoft withdraws from GDC gaming conference over coronavirus concerns
Xbox-maker Microsoft announced today that it will not have a presence at the Game Developers Conference in San Francisco this year, highlighting concerns surrounding the coronavirus outbreak. The company made the announcement on its Game Stack Blog: After a close review of guidance by global health authorities and out of an abundance of caution, we’ve […]
Facebook cancels F8 conference, citing coronavirus concerns
Facebook has confirmed that it has canceled its annual F8 developers conference over growing concerns about the COVID-19 coronavirus pandemic. More specifically, the company says it’s canceling the “in-person component,” which would have been held in San Jose, Calif. There may still be video presentations, along with live-streamed and local events, under the F8 umbrella. […]
James Currier, Sarah Nahm, Arun Mathew and Vlad Magdalin to speak at Early Stage SF
TC Early Stage SF goes down on April 28, and we are more excited than ever to introduce this brand new event to the community. The day-long event is meant to give early-stage founders the chance to pick their own adventure, hearing from a wide variety of experts in fundraising, marketing and operations in a […]
NBCU’s Peacock streaming service adds hundreds of hours of A&E shows
Peacock, NBCU’s upcoming streaming service, is expanding its unscripted lineup thanks to a new deal with A&E Networks. The licensing pact will allow NBCU to stream hundreds of hours of A&E and History’s most popular shows, including “First 48,” “Storage Wars,” “Cold Case Files,” “Pawn Stars,” “American Pickers,” “Ancient Aliens,” “Curse of Oak Island” and […]
Facebook has paused election reminders in Europe after data watchdog raises transparency concerns
Big tech’s lead privacy regulator in Europe has intervened to flag transparency concerns about a Facebook election reminder feature — asking the tech giant to provide it with information about what data it collects from users who interact with the notification and how their personal data is used, including whether it’s used for targeting them […]
London-based Gyana raises $3.9M for a no-code approach to data science
Coding and other computer science expertise remain some of the more important skills that a person can have in the working world today, but in the last few years, we have also seen a big rise in a new generation of tools providing an alternative way of reaping the fruits of technology: “no-code” software, which […]
US stock markets drop again as Goldman Sachs projects zero growth from coronavirus
U.S. stock markets are down again in early trading as coronavirus fears continue to hit economists forecasts for growth, and a number of technology companies began to note the impact of the outbreak in their trailing earnings and future results. The Dow Jones Industrial Average was down roughly 650 points and the Nasdaq was off […]
Spotify tries making its app easier to use in latest update
After recently tweaking its design to better showcast podcasts, Spotify today announced it’s giving its entire mobile experience a refreshed look-and-feel. Starting initially with the iOS app, both Spotify Free and Premium users will notice the app has a more consistent, streamlined look, new in-app icons, changes to how cover art displays, and more. The […]
The Raspberry Pi 4 gets more RAM for $35
The Raspberry Pi Foundation has updated its flagship model, the Raspberry Pi 4. It’s still the same awesome tiny single-board computer with a lot of connectors. But the entry-level device now comes with 2GB of RAM instead of 1GB of RAM for the same price of $35. The foundation says that RAM prices have been […]
What virtual worlds in the coming multiverse era will look like
Gaming and social media are on a collision course, the result of which will be mainstream popularity of virtual worlds primarily driven by user-generated content (UGC) and anchored in small groups and one-to-one interactions. Games targeting core gamers will remain a thriving market, and social apps centered on broadcasting content will remain popular for photo […]
DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO
The on-demand food delivery wars continue to heat up in the U.S. DoorDash announced today that it has filed confidentially to go public. The company noted that its Form S-1, a draft registration statement, was filed with the SEC and is now being reviewed. It did not say how many shares it would potentially sell, […]
Tractable claims $25M to sell damage-assessing AIs to more insurance giants
London-based insurtech AI startup Tractable, which is applying artificial intelligence to speed up accident and disaster recovery by using computer vision to perform visual damage appraisal instead of getting humans to do the job, has closed a $25 million Series C, led by Canadian investment fund Georgian Partners. Existing investors also participated, including Insight Partners […]
Cioplenu, the SaaS for ‘deskless’ workers on the production floor, raises €4.2M seed
Cioplenu, an Augsburg-based startup that is building what it dubs an “operating system” for the production floor, has raised €4.2M in seed financing. Leading the round is Berlin-based Cherry Ventures. Also participating is Munich’s 42Cap, which led Cioplenu’s pre-seed round in 2018, along with three fairly high-profile angels. They are Fabian Heinrich, co-founder of Scoutbee […]
SparkLabs Group launches Connex, an accelerator program for smart city technology
SparkLabs Group announced today that it has launched SparkLabs Connex, the latest program in its network of startup accelerators and venture funds. Focused on real estate technology (proptech) and the Internet of Things, SparkLabs Connex will tap into startup ecosystems in Silicon Valley, Seoul, Shenzhen, Taipei and Singapore. The program will support startups working with […]
Spin is launching electric scooters in Germany this spring
Spin, the electric scooter company owned by Ford, is gearing up to launch its vehicles for the first time outside of the U.S. This spring, the plan is to launch in Cologne, Germany, followed by other German cities. Spin also plans to apply for the e-scooter permit in France next month, as well as explore […]
Dahmakan, a Malaysian “full-stack” food delivery startup, raises $18 million Series B
Dahmakan, a full-stack food delivery startup based in Malaysia, announced today that it has closed a $18 million Series B. Investors include Rakuten Capital, White Star Capital, JAFCO Asia and GEC-KIP Fund, along with participation from South Korean food delivery app Woowa Brothers, and returning investors Partech Partners and Y Combinator. This brings Dahmakan’s total […]
South African fintech startup Jumo raises second $50M+ VC round
South African fintech startup Jumo closed a $55 million round from a diverse group of investors, the company confirmed. Founded in 2015 and based in Cape Town, the venture offers a full tech stack for partners to build savings, lending, and insurance products for customers in emerging markets. This week’s funding follows a $52 million […]
Vice President Mike Pence will lead the US response to the COVID-19 outbreak
In an early-evening press conference, President Donald Trump tapped Vice President Mike Pence to lead the U.S. response to the COVID-19 outbreak that has spread through Europe, Asia and Latin America. The new coronavirus strain, which has infected about 81,000 people around the world and killed 3,000, has already wrought havoc on the global economy. […]
Reddit CEO: TikTok is ‘fundamentally parasitic’
TikTok is one of the hottest social media platforms but the CEO of Reddit had some harsh words for the popular app, calling it “fundamentally parasitic” at an event Wednesday. The comments from Reddit CEO and co-founder Steve Huffman were some of the more controversial offered up during a panel discussion with former public policy […]
Roblox raises $150M Series G, led by Andreessen Horowitz, now valued at $4B
Online gaming platform Roblox, now home to 115 million largely Gen Z players per month, announced today it has raised $150 million in Series G funding, led by Andreessen Horowitz’s Late Stage Venture fund. The company will also open a tender offer for up to $350 million of common and preferred shares, it says. The […]
Founders Factory backs Creator Fund, student-led VC to back EU student startups
It seems like everyone wants student entrepreneurs. Entrepreneur First makes startups out of raw student material, for instance. Most countries want high-skilled students to stick around and make new companies. Only the U.K. likes to charge them a fortune for an education and then kick them out if they don’t earn enough. But I digress! […]
A look at Made Renovation, which just raised $9 million in seed funding to zero in on bathroom remodels
Made Renovation, a new, San Francisco-based company, thinks it has found a profitable way to help homeowners get done something that busy general contractors in the Bay Area won’t otherwise make time for, which is bathroom remodels. Why they typically pass on these: they have too many entire homes, or, at least, entire floors, to […]
Hustle Fund’s Elizabeth Yin discusses 2020’s fundraising landscape
On the heels of her conversation-driving Twitter thread on 2020’s venture fundraising climate, Hustle Fund’s Elizabeth Yin converted her thoughts into an op-ed for TechCrunch. In keeping with her expansive thread, we asked her to adapt her thread for a TechCrunch column and join us for an extended conversation. What follows is an interview between […]
The fundraising landscape is shifting in 2020
Most of the things you hear people say about fundraising is generally good advice, even when these ideas conflict. How is that possible?
Outdoor Voices founder Tyler Haney says adios altogether to the company amid layoffs
Last week, the Business of Fashion broke the news that co-founder and CEO Tyler Haney was stepping down from her role as CEO of the activewear label Outdoor Voices, citing slowing growth for the company and reporting that mismanagement was one reason for executive turnover at the top of the organization. The company soon after […]
Apple to begin online sales in India this year, open first retail store in 2021
For a decade, Apple has solely relied on third-party sellers, stores and marketplaces to sell its products in India. That will begin to change this year. At the company’s annual shareholder meeting Wednesday, chief executive Tim Cook told investors that Apple will open its online store in India, the world’s second largest smartphone market, at […]
As Block exits, Salesforce forecasts it will surpass $20B in revenue in FY2021
When Keith Block joined Salesforce from Oracle in 2013, the CRM giant was already a successful SaaS vendor on a billion-dollar quarterly revenue cadence. When the co-CEO announced he was stepping down yesterday, the company reported revenue of $4.9 billion for the quarter. During his tenure, the company’s revenue more than quadrupled, earning an impressive […]
Amazon all set to enter India’s food delivery market
Weeks after Uber exited India’s food delivery market, conceding defeat to local giants Swiggy and Zomato, a new player is gearing up to challenge the heavily-backed duopoly: Amazon. The e-commerce giant plans to enter the Indian food delivery market in the coming weeks, a person familiar with the matter told TechCrunch. The launch of the […]
Grab your ticket: Only one week to TC Sessions: Robotics + AI 2020
It’s T-minus one week to the big day, March 3, when more than 1,000 startuppers will convene in Berkeley, Calif. for TC Sessions: Robotics + AI 2020. We’re talking a hefty cross-section representing big companies and exciting new startups. We’re talking some of the most innovative thinkers, makers, researchers, investors and influencers — all focused […]
ShapeMeasure’s smart tool and robotic cutter let contractors measure once and cut never
As much as we’d all like to believe that our houses are built with perfectly square angles and other highly regular measurements, that’s rarely the case — which makes remodeling complex and tedious. ShapeMeasure hopes to alleviate that pain with a device that automatically measures a space and a robotic mill that cuts the required […]
Lerer Hippeau leads $6M investment in Pinterest-like digital asset manager Air
When it comes to the so-called “consumerization of the enterprise,” a workplace tool that looks an awful lot like Pinterest seems like it would be the trend’s final form. Brooklyn-based Air is building a digital asset manager for communications teams that aren’t satisfied with more general cloud storage options and want something that can show […]
Particle lays off 10% staff and co-founder departs after ‘turbulent period’
San Francisco-based startup Particle was one of the rising stars in the Internet of Things space, raising more than $81 million to date on the promise of helping to manage and secure the next-generation of connected devices. But the company is only now emerging from what it’s co-founder and chief executive Zach Supalla called a […]
Chicago’s M1 Finance, a consumer-focused fintech platform, reaches $1B under management
Eagle-eyed readers will recall that we mentioned M1 Finance earlier today in our look at a few trends in the fintech industry. We’re back with the firm this afternoon as it has a bit of news that’s worth discussing. Chicago-based M1 Finance announced today that it has reached the $1 billion assets under management mark, […]
‘Konami Code’ creator Kazuhisa Hashimoto has died
Up, up, down, down, left, right, left, right, B, A, then start. Sound familiar? The Konami Code, as this sequence came to be known, is one of the most recognizable artifacts of an earlier era of gaming. Kazuhisa Hashimoto, its creator, has used up the last of his 30 lives. Hashimoto was a programmer at […]
Cartesiam helps developers bring AI to microcontrollers
Cartesiam, a startup that aims to bring machine learning to edge devices powered by microcontrollers, has launched a new tool for developers who want an easier way to build services for these devices. The new NanoEdge AI Studio is the first IDE specifically designed for enabling machine learning and inferencing on Arm Cortex-M microcontrollers, which […]
Twitter opens its ‘Hide Replies’ feature to developers
Last November, Twitter rolled out its Hide Replies feature to all users worldwide. The feature, largely designed to lessen the power of online trolls to disrupt conversations, lets users decide which replies to their tweets are placed behind an extra click. Today, Twitter is making Hide Replies available to its developer community, allowing for the […]
Facebook’s Libra Association adds crypto prime broker Tagomi
$28 million-funded crypto startup Tagomi will be the newest member of the Libra Association that governs the Facebook-backed Libra stablecoin, TechCrunch has learned. A formal announcement of Tagomi joining was slated for Friday or next week. Tagomi offers a platform that helps large traders and funds easily access cryptocurrency markets. The news comes days after […]
Daily Crunch: Disney CEO Bob Iger steps down
Yesterday was a big day for executive moves, with Bob Iger stepping down as Disney CEO and Keith Block stepping down as Salesforce co-CEO. Meanwhile, Facebook has acquired another VR game studio and the owner of The Players’ Tribune has raised more funding. Here’s your Daily Crunch for February 26, 2020. 1. Disney CEO Bob […]
Storytelling community Wattpad embraces adult content with new personalization tools
Wattpad, the online storytelling community that’s home to some 80 million monthly users, has successfully tapped into the power of crowdsourcing to help uncover the next potential hits for media companies including Netflix, Hulu, NBCU, Sony Pictures Television, and others worldwide. It even launched its own YA book line to bring its online stories to […]
Detroit-based Rocket Fiber acquired by Everstream
Rocket Fiber is the latest Detroit startup to be acquired. Today, the company is announcing it was acquired by Cleveland-based Everstream for an undisclosed amount. The founders tell TechCrunch the company was at a “record multiplier for the telecom space.” Under the deal, Everstream is acquiring all of Rocket Fiber’s infrastructure, including its service platforms […]
Fintech CAC and the Great Credit Card Craze
Let's chat about fintech customer acquisition costs and the rise of card-focused plays inside of the category.
Meet the first wave of speakers & enter your startup for The Europas Awards, 25 June
Excitement for The Europas Awards for European Tech Startups is hotting up. Here are the first wave of speakers and judges — and more are coming! The Awards – which have been running for over 10 years – will be held on 25 June 2020 in London, U.K. on the front lawn of the Geffrye […]
LG’s latest has an optional second screen and a headphone jack
One thing you can say for sure about 2020’s smartphone landscape: there’s no shortage of options. Sales have taken a dip in the last few years, causing a number of manufactures to get creative with their offerings. LG’s certainly in that boat. It’s been a less than spectacular few years for the company’s mobile offerings, […]
Freshworks acquires AnsweriQ
Customer engagement platform Freshworks today announced that it has acquired AnsweriQ, a startup that provides AI tools for self-service solutions and agent-assisted use cases where the ultimate goal is to quickly provide customers with answers and make agents more efficient. The companies did not disclose the acquisition price. AnsweriQ last raised a funding round in […]
Strattic raises $6.5M to bring static WordPress to the masses
WordPress remains the juggernaut of content management systems, even though it now often gets used in ways it was never intended. And with that, managing the life cycle of WordPress sites has only gotten more complicated, too, all while hackers are trying to exploit any and all security issues to take control of a site. […]
Where top VCs are investing in medical and surgical robotics
The medical and healthcare categories have been leading robotic innovation for decades. Look no further than Intuitive Surgical, whose da Vinci robot has been performing surgery since it received FDA clearance in the early 2000s. These days, the SRI spinoff is currently valued at more than $60 billion. There’s a lot of money to be […]
Tier Mobility acquires Coup’s electric moped scooters
Tier Mobility operates a scooter service, the kick-scooter-with-a-motor kind. And it has acquired assets from Coup, a now defunct scooter service, the moped kind. Coup shut down late last year, and Tier Mobility plans to take over and start its own shared moped service. To be clear, Coup is over but its mopeds will stick […]
B-Social, the UK fintech building a ‘social bank’, raises additional £7.8M ahead of rebrand
B-Social, the London-based fintech building what it calls a “social bank,” is announcing that it has raised a further £7.8 million in seed funding. Once again the injection of capital comes from “high-net-worth” individuals. They include Rudy Karsan from Karlani Capital, although most of the investors remain undisclosed. It brings the total capital raised by […]
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