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Updated 2024-11-28 22:32
Sisense CEO Amir Orad explains why he raised over $100M
This week, Sisense, a player in the business intelligence space, announced a $100 million investment. As TechCrunch reported, the round pushed the company’s valuation north of the $1 billion mark, making Sisense the world’s newest unicorn. That moniker will last a day, we’re sure. TechCrunch caught up with Sisense CEO Amir Orad and CMO Harry […]
Mozilla says a new Firefox security bug is under active attack
Mozilla has warned Firefox users to update their browser to the latest version after security researchers found a vulnerability that hackers were actively exploiting in “targeted attacks” against users. The vulnerability, found by Chinese security company Qihoo 360, was found in Firefox’s just-in-time compiler. The compiler is tasked with speeding up performance of JavaScript to […]
Cherry goes downmarket with its new Viola mechanical keyboard switches
Cherry has long been the de facto standard for mechanical keyboard switches. Since mechanical keyboards are, almost by default, significantly more expensive than membrane or dome-switch keyboards, that has kept the company out of a large part of the market. Now, on the last day of CES 2020, the company is launching its new Viola […]
Lucky coffee, unicorn stumbles and Sam Altman’s YC wager
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had TechCrunch’s Alex Wilhelm and Danny Crichton on hand to dig into the news, with Chris Gates on the dials and more news than we could possibly cram into 30 minutes. So we went […]
DuckDuckGo still critical of Google’s EU Android choice screen auction, after wining a universal slot
Google has announced which search engines have won an auction process it has devised for an Android “choice screen” — as its response to an antitrust intervention by the region’s competition regulator. The prompt is shown to users of Android smartphones in the European Union as they set up a device, asking them to choose […]
Just Spices, the German spice mix startup, raises €13M Series B
Just Spices, the German-founded spice mix brand, is disclosing €13 million in Series B funding. The round is led by Five Seasons Ventures and Coefficient Capital, with Bitburger Ventures also joining. A direct to consumer play, Just Spices offers two main product lines: Spice Mixes and “IN MINUTES”. The first consists of various spice blends, […]
India’s top court rules indefinite internet shutdown in Kashmir unwarranted and amounts to abuse of power
India’s top court ruled on Friday that the indefinite shutdown of the internet in Kashmir was unwarranted and demonstrated “abuse of power” by the Prime Minister Narendra Modi -led government. India cut internet access in Kashmir in August last year after revoking the Muslim majority region’s autonomy and statehood. The prolonged shutdown, which the government […]
Twitter co-founder Biz Stone backs tutoring platform Scoodle
Scoodle, a U.K.-based startup that, in its own words, wants to help tutors become influencers, is disclosing $760,000 in pre-seed funding. Backing the round is Twitter co-founder Biz Stone, alongside Tiny VC, IFG Ventures and a number of unnamed angels. Scoodle is also the first edtech company to join the University of Oxford’s accelerator, Oxford […]
PayU acquires controlling stake in Indian credit business PaySense, to merge it with LazyPay
PayU is acquiring a controlling stake in fintech startup PaySense at a valuation of $185 million and plans to merge it with its credit business LazyPay as the nation’s largest payments processor aggressively expands its financial services offering. The Prosus-owned payments giant said on Friday that it will pump $200 million — $65 million of […]
Meet MarsCat, a robot cat with lots of love to give and room to grow
At CES 2020, one of the more well-represented gadget categories was definitely consumer robots – but none was more adorable than MarsCat, a new robo-pet from industrial robot startup Elephant Robotics. This robot pet is a fully autonomous companion that can respond to touch, voice and even play with toys, and it’s hard not to […]
SiriusXM and Pandora test bundle discounts
It’s been less than a year since SiriusXM completed its $3.5 billion acquisition of streaming music service Pandora, but the two companies have already leveraged their collective assets to boost each other’s services. For example, SiriusXM talk shows arrived on Pandora as podcasts, while a Pandora-powered station now streams popular songs for both sets of […]
How Ring is rethinking privacy and security
Ring is now a major player when it comes to consumer video doorbells, security cameras — and privacy protection. Amazon acquired the company and promotes its devices heavily on its e-commerce websites. Ring has even become a cultural phenomenon with viral videos being shared on social networks and the RingTV section on the company’s website. […]
Over two dozen encryption experts call on India to rethink changes to its intermediary liability rules
Security and encryption experts from around the world are joining a number of organizations to call on India to reconsider its proposed amendments to local intermediary liability rules. In an open letter to India’s IT Minister Ravi Shankar Prasad on Thursday, 27 security and cryptography experts warned the Indian government that if it goes ahead […]
Lime is laying off about 100 people and ceasing operations in 12 markets
Lime is hoping to achieve profitability this year by laying off about 14% of its workforce and ceasing operations in 12 markets, Axios first reported. “Financial independence is our goal for 2020, and we are confident that Lime will be the first next-generation mobility company to reach profitability,” Lime CEO Brad Bao said in a […]
Zuckerberg ditches annual challenges, but needs cynics to fix 2030
Mark Zuckerberg won’t be spending 2020 focused on wearing ties, learning Mandarin or just fixing Facebook. “Rather than having year-to-year challenges, I’ve tried to think about what I hope the world and my life will look in 2030,” he wrote today on Facebook. As you might have guessed, though, Zuckerberg’s vision for an improved planet […]
Congratulations 23andMe users, your genes are finally helping the company make drugs
All of that genetic material that 23andMe has been collecting is finally being used for commercial drug development — specifically dermatological drugs. The company inked an agreement with Spanish pharmaceutical developer Almirall, which concentrates on medical dermatology treatments, for the development of dermatological treatments based on an antibody developed by 23andMe. The monoclonal antibodies that […]
OrCam announces new AI-enabled device for hearing impairment
OrCam is expanding its product lineup with new devices that tackle new use cases. OrCam’s best-known device is the OrCam MyEye 2 — a tiny device for people with visual impairment that you clip on your glasses to help you navigate the world around you. At CES, OrCam announced that the MyEye 2 is getting […]
How gig economy giants are trying to keep workers classified as independent contractors
Now that 2020 has started, Uber, DoorDash and Lyft are taking additional steps to undermine a new California law that would help more gig workers qualify as full-time employees. These moves entail product changes, lawsuits and ramped-up efforts to get a ballot initiative in front of voters that would roll back the new legislation. Let’s […]
August Home ditches the bridge, and Yale launches a smart lock in Europe
Assa Abloy, the world’s largest lock maker and the parent company of August Home and Yale, announced some new products at CES this week. The company didn’t talk about doorbell cameras at all — it could be related to recent Ring’s controversies. As a well-known brand when it comes to smart lock in the U.S., […]
Brunswick and Sea Ray debut a boat loaded with futuristic features at CES
The automobile industry has experienced considerable change when it comes to powertrain and cabin technology features in the past decade, but what about boats? They’re also getting some cutting-edge upgrades made possible by the same technologies that are improving the power and performance of smartphones, and Sea Ray debuted a new top-end outboard boat at […]
‘Hillbilly Elegy’ author J.D. Vance has raised $93 million for his own Midwestern venture fund
Underserved areas are becoming hot, hot, hot, from the standpoint of venture capitalists and their own backers. In October, Steve Case’s Revolution announced that a second Rise of the Rest Seed Fund had closed with $150 million in commitments. In November, Drive Capital, a Columbus, Ohio-based venture firm that was started by two former Sequoia […]
2019 saw a stampede of fintech unicorns
Two years ago, we created the Matrix FinTech Index to highlight what we saw as the beginnings of a 10+ year mega innovation wave in financial services.
Daily Crunch: Twitter will let you limit replies
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Farewell, don’t @ me. Twitter will test a way to let you limit replies to your tweets Twitter users will soon […]
Pokémon Sword and Shield are getting downloadable expansions this year
If you’ve already completed your Pokédex and battled your way up to become the Champion of Galar, you might’ve figured you were just about done with Pokémon Sword/Shield. Surprise! More is on the way — for a price, that is. This morning Nintendo announced that it’s working on not one, but two downloadable expansions for […]
How some founders are raising capital outside of the VC world
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, we’re exploring fundraising from outside the venture world. Founders looking to raise capital to power their growing companies have more options than ever. Traditional bank loans are an option, of course. As is venture […]
Deciding how much equity to give your key employees
Equity is your most valuable currency — here’s how to use it well for hiring.
BuzzFeed hires The Mighty’s Peter Wang as its new CTO
BuzzFeed’s technical team has a new leader — incoming chief technology officer Peter Wang, who’s leaving his role as CTO of healthcare community The Mighty. Wang has plenty of experience in the media industry, having served as CTO at Refinery29 and at Narrativ, a startup that helps publishers make money through commerce. He told me […]
Lily AI raises a $12.5M Series A led by Canaan to accelerate its e-commerce recommendation tech
Lily AI, a startup focused on using deep learning to help brands better convert customers through emotionally tailored recommendations, announced this morning that it has raised a $12.5 million Series A led by Canaan Partners. Prior investors NEA, Unshackled and Fernbrook Capital also took part in the funding event. Prior to its Series A, Lily had […]
Facebook won’t ban political ads, prefers to keep screwing democracy
It’s 2020 — a key election year in the US — and Facebook is doubling down on its policy of letting people pay it to fuck around with democracy. Despite trenchant criticism — including from US lawmakers accusing Facebook’s CEO to his face of damaging American democracy — the company is digging in, announcing as […]
MasterClass co-founder’s new educational startup Outlier raises $11.7M
Outlier.org, a startup that allows students to take online classes for college credit, is announcing that it has raised $11.6 million in Series A funding. GSV Ventures led the round, with participation from Harrison Metal, Tectonic Capital and Jackson Square Ventures. If you add this round to previously undisclosed seed funding led by Harrison Metal, […]
Pro-privacy search engine Qwant announces more exec changes — to ‘switch focus to monetization’
More changes have been announced in the senior leadership of French pro-privacy search engine, Qwant. President and co-founder, Eric Leandri (pictured above), will be moving from an operational to a strategic role on January 15, the company said today — while current deputy managing director for sales and marketing, Jean-Claude Ghinozzi, is being promoted to […]
Uber is bringing audio recording, irregular ride checks and authentication code safety features to India
Uber said today it is beginning to roll out three safety features in India as the American ride-hailing firm looks to improve its service in one of its most important overseas markets. The new features include an intervention from Uber when there is a long unplanned stop in a ride, and the introduction of a […]
Bux acquires ‘social’ cryptocurrency investment platform Blockport
Bux, the Amsterdam-based fintech that wants to make investing more accessible, has acquired the European “social” cryptocurrency investment platform Blockport. Terms of the deal remain undisclosed, although Bux says the move paves the way for the company to launch its own branded cryptocurrency investment app. Dubbed “BUX Crypto,” it will be available in the 9 […]
Together with portfolio company AMP Robotics, Sidewalk Labs launches recycling pilot in Toronto
Nearly a year after China stopped accepting the world’s garbage, cities around the globe are wrestling with what to do with all of their waste. China’s new policy, which once accepted 70% of municipal solid waste generated around the world, means that cities like New York, London, and Paris need to find a new way […]
Going fast: Buy a demo table at TC Sessions: Robotics+AI 2020
Startup founders, set your sites on TC Sessions: Robotics+AI, which takes place on March 3, 2020. This annual day-long event draws the brightest minds and makers from these two industries — 1,500 attendees last year alone. And if you really want to make 2020 a game-changing year, grab yourself a demo table and showcase your […]
IAC sells CollegeHumor to executive Sam Reich, resulting in 100+ layoffs
IAC has sold off a majority stake in CH Media, the parent organization behind CollegeHumor. The new owner? CH Media's chief creative officer Sam Reich.
Twitter is bringing twttr’s experiments in threaded conversations to its main app
At last year’s CES, Twitter introduced its first public prototype app, twttr — dubbed “little T” internally at Twitter. The app allows Twitter to develop and experiment with new features in the public, to see what works and what does not. The app’s main focus, to date, has been on making threaded conversations easier to […]
At CES, Schneider Electric unveils its own upgrade to the traditional fusebox
As renewable energy and energy efficiency continue to make gains among cost-conscious consumers, more companies are looking at ways to give customers better ways to manage the electricity coming into their homes. At the Consumer Electronics Show in Las Vegas, Schneider Electric unveiled its pitch to homeowners looking for a better power management system with […]
Twitter’s new reply blockers could let Trump hide critics
What if politicians could only display Twitter replies from their supporters while stopping everyone else from adding their analysis to the conversation? That’s the risk of Twitter’s upcoming Conversation Participants tool it’s about to start testing that lets you choose if you want replies from everyone, only those your follow or mention or no one. […]
Will online privacy make a comeback in 2020?
Last year was a landmark for online privacy in many ways, with something of a consensus emerging that consumers deserve protection from the companies that sell their attention and behavior for profit. The debate now is largely around how to regulate platforms, not whether it needs to happen. The consensus among key legislators acknowledges that […]
TC Sessions: Mobility 2020: Boris Sofman of Waymo and Nancy Sun of Ike
You might have heard: a mobility revolution is in the making. TechCrunch is here for it — and we’re not just along for the ride. We’re here to uncover new ideas and startups, root out vaporware and dig into the tech and people spurring this change. In short, we’re helping drive the conversation around mobility. […]
Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field
Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, which raised $1 billion in late November, said its app for businesses now features an “all-in-one” QR […]
Is Clicbot a spiritual successor to Cozmo? (Mostly no, but maybe a little yes)
Anki’s true legacy in robotics will only be sufficiently determined over the course of a few years. But while the startup’s vision for Cozmo ultimately failed, I suspect we’ll see its take on the category of home robotics leaving a lasting legacy. The Keyi Tech representative I spoke to at CES was quick to deflect […]
Grubhub said to explore sale in boon to Uber, DoorDash and others
Shares of Chicago-based food delivery service Grubhub are sharply higher in regular trading today after The Wall Street Journal reported that the company has hired external advisers to explore its “strategic” options, inclusive of a possible sale. Investors, heartened by the news, bid its equity up 17% as of the time of writing, valuing the […]
Virgin Galactic’s second commercial tourism spaceship hits key construction milestone
Virgin Galactic’s fleet is expanding, and its second commercial spacecraft just achieved a key milestone in its build process – much faster than the first of its SpaceShipTwo vehicles did. The new SpaceShipTwo, which will join the original (named ‘VSS Unity’) in providing flights to space for paying tourists, is now supporting its own weight […]
Virtual Incision Corporation raises $20 million for its abdominal surgery robot
Over the past several years, surgical has become one of the hottest — and best funded —categories in robotics. That’s thanks, in no small part, to the massive success of companies like Intuitive. Virtual Incision Corporation has also had a pretty solid fundraising streak since its 2006 founding. Today the Lincoln, Nebraska startup announced its […]
Daily Crunch: ClassPass becomes a unicorn
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. ClassPass, finally a unicorn, raises $285 million in new funding ClassPass launched in 2013 to give people an easier way to […]
Quibi’s Jeffrey Katzenberg and Meg Whitman offer a deeper look at the new streaming service
Quibi founder Jeffrey Katzenberg and CEO Meg Whitman took the stage this morning at the Consumer Electronics Show in Las Vegas to offer a deeper look into the technology behind the soon-to-launch mobile streaming service. The company had already revealed much about its intentions with Quibi, including how it’s the first streaming service designed exclusively […]
Get 90% off an annual DocSend plan with Extra Crunch
Extra Crunch is excited to announce a new community perk from DocSend. Starting today, annual and two-year members of Extra Crunch can get up to 90% off an annual DocSend plan. DocSend is a secure document-sharing platform that not only lets you share your documents with ease, but it also provides you with real-time actionable […]
DoubleVerify launches a new way to measure online ad effectiveness
Until now, DoubleVerify was known for helping advertisers to eliminate fraud and ensure their ads are running in brand-safe environments. This week, at the Consumer Electronics show, it’s launching a new technology designed to measure whether those ads are actually effective. Chief Marketing Officer Dan Slivjanovski told me that before this, marketers had to rely […]
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