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Updated 2024-11-29 15:47
Digital ad spend reached $57.9B in the first half of 2019, but growth has slowed (IAB report)
During the first six months of 2019, advertisers spent $57.9 billion on U.S. digital advertising, according to the latest report prepared by PwC for the Interactive Advertising Bureau (an online advertising trade group). That’s a 17% increase compared to the same period in 2018, and the most spending IAB has ever seen in the first […]
EU contracts with Microsoft raising ‘serious’ data concerns, says watchdog
Europe’s chief data protection watchdog has raised concerns over contractual arrangements between Microsoft and the European Union institutions which are making use of its software products and services. The European Data Protection Supervisor (EDPS) opened an enquiry into the contractual arrangements between EU institutions and the tech giant this April, following changes to rules governing […]
Netflix to raise $2 billion in debt to fund more content spending
For the second time this year, Netflix is offering $2 billion in debt to fund its investment in content, including original programming, content acquisitions, investments, and more. The news was announced on Monday morning, and was followed by a slight dip in Netflix’s stock price. The decision to increase its investment in content production follows […]
NordVPN confirms it was hacked
NordVPN, a virtual private network provider that promises to “protect your privacy online,” has confirmed it was hacked. The admission comes following rumors that the company had been breached. It first emerged that NordVPN had an expired internal private key exposed, potentially allowing anyone to spin out their own servers imitating NordVPN. VPN providers are […]
Veteran enterprise exec Bob Stutz is heading back to SAP
Bob Stutz has had a storied career with enterprise software companies including stints at Siebel Systems, SAP, Microsoft and Salesforce. He announced on Facebook last week that he’s leaving his job as head of the Salesforce Marketing Cloud and heading back to SAP as president of customer experience. Constellation Research founder and principal analyst Ray […]
AT&T TV Now streaming service gets yet another price hike
AT&T’s streaming service is again raising prices. AT&T’s TV Now, the service previously known as DirecTV Now, is bumping up its prices yet again — by as much as 30%, Bloomberg reported and AT&T confirmed. Subscribers who were on the $50 Plus tier will now have to pay $65, while those on the $70 Max […]
Don’t miss out: Apply for the TC Hackathon at Disrupt Berlin 2019
The popular TC Hackathon is back in action at Disrupt Berlin 2019 on 11-12 December. We’re limiting the competition to 500 participants and seats are going fast. Don’t miss your chance to put your creative skills to the test and compete against some of the world’s top code poets. Oh, you’ll love this part — it […]
Pixel 4 review: Google ups its camera game
Google’s first-party hardware has always been a drop in the bucket of global smartphone sales. Pixel devices have managed to crack the top five in the U.S. and Western Europe, but otherwise represent less than 1% of the overall market. It’s true, of course, that the company got a late start, largely watching on the […]
The Surface Pro 7 is a competent upgrade with USB-C, refreshed processors, but little else that’s new
I’ll be the first to admit that when the first generation Surface two-in-one launched, I wasn’t sure this was a device that people actually wanted to use. But Microsoft was clearly on to something, as the proliferation of Surface Pro’s among coffee shop dwellers clearly shows. Earlier this month, Microsoft announced both the seventh generation […]
Rocket Lab aims to deliver small satellites to the Moon and beyond
Rocket Lab kicked off the International Astronautical Congress with the news that it’ll begin offering small satellite delivery service to orbits beyond low Earth orbit, where it currently operates – including delivering payloads all the way to the Moon. The longer-range service will be provided via its Photon spacecraft, which it’ll pair with a new […]
Spiff pitches a way to automate sales commissions calculations
Spiff, a Salt Lake City-based company pitching a new service for calculating sales commissions for salespeople around the world, has raised $6 million in funding to sell its own product to the millions of Willie Lohman’s looking for an end to needless paperwork. Spiff’s management team kicked in $500,000 for the new round, which also […]
Commercetools raises $145M from Insight for Shopify-style e-commerce APIs for large enterprises
Global retail e-commerce is expected to be a $25 trillion business this year, and today one of the companies that has built a set of tools to help larger enterprises to sell to consumers online has raised a large growth round to meet that demand. Commercetools, a German startup that provides a set of APIs […]
Gojek founder and CEO Nadiem Makarim resigns to join Indonesian cabinet; Soelistyo and Aluwi to be new co-CEOs
Nadiem Makarim, founder and CEO of Gojek, said on Monday he has stepped down from his role at the ride-hailing startup to join Indonesia president Joko Widodo’s cabinet. The announcement, which has taken many by surprise, comes a day after Widodo was sworn in for a second term. Widodo has previously said that he wants […]
In a big reversal, Libra reportedly could peg its cryptocurrencies to national currencies
Facebook is willing to reverse course on its plans to tie its digital currency project to a synthetic currency tied to a basket of global currencies. Reuters is reporting that Facebook’s head of the Libra project, David Marcus, told a group of bankers that the company’s main goal was to create a better payments system […]
Should we rethink the politics of ‘blocking’?
Jillian C. York Contributor Share on Twitter Jillian C. York is the director for international freedom of expression at the Electronic Frontier Foundation. Years ago, I wrote a piece criticizing a cover story by a well-known writer and political commentator that I’d met a few times, with whom I’d occasionally sparred on Twitter. The piece […]
Original Content podcast: ‘El Camino’ provides a quiet coda to ‘Breaking Bad’
When a TV show gets turned into a movie, it often represents a big change of pace, with a standalone plot, a bigger budget, all made for a bigger (or at least more casual) audience. “El Camino: A Breaking Bad Story” — which premiered a week ago on Netflix —doesn’t take that approach at all. […]
The Los Angeles Fire Department wants more drones
As it looks to modernize its operations, the Los Angeles Fire Department is turning to a number of new technologies including expanding its fleet of drones for a slew of new deployments. One of the largest fire departments in the U.S. next to New York and Chicago, the LAFD has a budget of roughly $691 […]
Max-Q: This week in space
Space is becoming a major area of startup and commercial investment, and so I’ve decided to start providing a weekly round-up of the biggest news in aerospace, space science and space-related technologies. Let me know if you appreciate this or have suggestions, and I’ll make sure it evolves as needed to be useful resource. This […]
Week in Review: The web’s free speech conundrum
Hey everyone. Thank you for welcoming me into you inbox yet again. Last week, I talked about the eternal dumbness of the smart home and how Google had a big chance to lay out their vision this past week. Guess what? They did not, instead we got a new more expensive Google Wifi that falls […]
China Roundup: Tencent’s NBA test, TikTok parent deepens education push
Welcome to TechCrunch’s China roundup, a digest of events that happened at major Chinese tech companies and what they mean to tech founders and executives around the world. The talk about U.S.-China relationships over the past two weeks has centered heavily on the NBA controversy, which has put the interest of some of China’s largest […]
Facebook isn’t free speech, it’s algorithmic amplification optimized for outrage
This week Mark Zuckerberg gave a speech in which he extolled “giving everyone a voice” and fighting “to uphold a wide a definition of freedom of expression as possible.” That sounds great, of course! Freedom of expression is a cornerstone, if not the cornerstone, of liberal democracy. Who could be opposed to that? The problem […]
IPOs are the beginning, not the end
Earlier this month at TechCrunch Disrupt San Francisco, we sat down with Box’s Aaron Levie and PagerDuty’s Jennifer Tejada to discuss their respective companies’ paths to an IPO, the general IPO landscape and the pros and cons of going public. With a lot of recent IPOs faltering and increased pressure on startup valuations, now is […]
MediaLab acquires messaging app Kik, expanding its app portfolio
Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S. Securities and Exchange Commission. Livingston […]
This Week in Apps: League of Legends goes mobile, Tim Cook talks to China and more
Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support, and the money that flows through it all. The app industry in 2018 saw 194 billion downloads and more than $100 billion in purchases. Just in the past quarter, consumer spending exceeded $23 billion and installs topped 31 billion. […]
HuffPost is reportedly on the auction block
Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it had begun to execute with the acquisition of AOL for […]
The new iPhone is ugly
I’ll be the first to admit that I’m a bit old-fashioned when it comes to phones. Everyone scoffs at my iPhone SE, but the truth is it’s the best phone Apple ever made — a beautiful, well designed object in just about every way. But damn is the iPhone 11 Pro ugly. And so are […]
Mercedes-Benz app glitch exposed car owners’ information to other users
Mercedes-Benz car owners have said that the app they used to remotely locate, unlock and start their cars was displaying other people’s account and vehicle information. TechCrunch spoke to two customers who said the Mercedes-Benz’ connected car app was pulling in information from other accounts and not their own, allowing them to see other car […]
HTC releases a cheaper blockchain phone
Whatever you might say about HTC (and believe me, there’s plenty to say), at least the company takes some fascinating chance. As newly minted CEO Yves Maitre admitted to me at Disrupt a couple of weeks back, the once mighty smartphone giant has lost the thread in recent years. But if nothing else, the Exodus […]
Startups Weekly: The unicorn from down under, an Uber TV show and All Raise’s expansion
In this week's newsletter: Pendo raises $100M, 'cloud kitchens' is an oxymoron and 'Super Pumped' is hitting the small screen.
Apple’s China stance makes for strange political alliances, as AOC and Ted Cruz slam the company
In a rare instance of bipartisanship overcoming the rancorous discord that’s been the hallmark of the U.S. Congress, senators and sepresentatives issued a scathing rebuke to Apple for its decision to take down an app at the request of the Chinese government. Signed by Senators Ron Wyden, Tom Cotton, Marco Rubio, Ted Cruz, and Congressional […]
AI is helping scholars restore ancient Greek texts on stone tablets
Machine learning and AI may be deployed on such grand tasks as finding exoplanets and creating photorealistic people, but the same techniques also have some surprising applications in academia: DeepMind has created an AI system that helps scholars understand and recreate fragmentary ancient Greek texts on broken stone tablets.
Adam Neumann planned for his children and grandchildren to control WeWork
WeWork co-founder Adam Neumann didn’t plan for his family’s control of WeWork to end at his death but instead expected to pass that control to future generations of Neumanns, too, says Business Insider. The outlet reports that in a speech Neumann gave to employees in January of this year, footage of which it says it […]
VR/AR startup valuations reach $45 billion (on paper)
Despite early-stage virtual reality market and augmented reality market valuations softening in a transitional period, total global AR/VR startup valuations are now at $45 billion globally — include non-pure play AR/VR startups discussed below, and that amount exceeds $67 billion. More than $8 billion has been returned to investors through M&A already, with the remaining […]
Tilting Point acquires game monetization startup Gondola
Tilting Point announced yesterday that it has acquired Gondola, a company that aims to increase game monetization by optimizing in-game offers and video ads. Tilting Point CEO Kevin Segalla described his company’s model as “progressive publishing” — usually, mobile game developers start working with Tilting Point because they need help with user acquisition, and then […]
Where are US fintech’s next billion-dollar startups?
As fintech investments soar to new heights, investors are looking at the bottom and top levels of the services stack to find the next billion-dollar startups. That’s the word from seasoned investors like Andreessen Horowitz’s managing director, Angela Strange, who has invested in a number of successful financial services technology companies. For Strange and Chris […]
Alphabet’s Wing begins making first commercial drone deliveries in the US
Alphabet -owned drone delivery spin-out Wing is starting to service U.S. customers, after becoming the first drone delivery company to get the federal go-ahead to do so earlier this year. Wing is working with FedEx Express and Walgreens on this pilot, and their first customers are Michael and Kelly Collver, who will get a “cough […]
Daily Crunch: Zuckerberg has thoughts on free speech
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. Zuckerberg on Chinese censorship: Is that the internet we want? The Facebook CEO spoke yesterday at Georgetown University, sharing his thoughts […]
Harley-Davidson has resumed production of the LiveWire
Harley-Davidson has resumed production and deliveries of its electric LiveWire motorcycle after determining an issue with charging was isolated to a single vehicle. Harley-Davidson halted production and delivery of its first electric motorcycle earlier this week after discovering what it described at the time as a “non-standard condition.” Harley-Davidson didn’t recall any of the LiveWire […]
Who will own the future of transportation?
Autonomous vehicles are often painted as a utopian-like technology that will transform parking lots into parks and eliminate traffic fatalities — a number that reached 1.35 million globally in 2018. Even if, as many predict, autonomous vehicles are deployed en masse, the road to that future promises to be long, chaotic and complex. The emergence […]
$35B face data lawsuit against Facebook will proceed
Facebook just lost a battle in its war to stop a $35 billion class action lawsuit regarding alleged misuse of facial recognition data in Illinois. Today it was denied its request for an en banc hearing before the full slate of ninth circuit judges that could have halted the case. Now the case will go […]
Bloomberg Beta, now six years old, closes its third $75 million fund
Bloomberg Beta, a San Francisco-based outfit that uses Bloomberg LP’s money to make bets on startups, has closed its third fund with $75 million, according to Roy Bahat, who’d previously run the online media company IGN and who operates the fund as an equal partnership with Karin Klein and James Chan. (Klein formerly ran Bloomberg’s […]
YellowHeart allows musicians and concert organizers to take more control of resold tickets
YellowHeart is trying to solve a problem that should be familiar to anyone who’s ever tried to buy a ticket for a popular concert: Those tickets will often get snatched up by scalpers, who then resell them at a much higher price. In fact, the startup’s CEO, Josh Katz, said he founded the company because […]
Exclusive: 2019 HAX report reveals hardware startup trends
Hardware startups are expanding from the world of consumer tech; global hardware accelerator HAX knows this better than most and details the latest trends in its yearly report. One of the most active early-stage hardware investors, the group today released exclusively to TechCrunch its yearly report with insights on hardware startups. The report highlighted several […]
Former Oracle co-CEO Mark Hurd has passed away
Mark Hurd, who until last month was one of two CEOs leading the database software giant Oracle, has passed away at age 62, one month after telling employees in a letter that he was taking a leave of absence owing to health reasons. Staffers, who were notified that Hurd died earlier this morning, have been offering […]
A set of new tools can decrypt files locked by Stop, a highly active ransomware
Thousands of ransomware victims may finally get some long-awaited relief. New Zealand-based security company Emsisoft has built a set of decryption tools for Stop, a family of ransomware that includes Djvu and Puma, which they say could help victims recover some of their files. Stop is believed to be the most active ransomware in the […]
Three of the best tackle the thorny issue of Brexit for startups at Disrupt Berlin
The turbulence of Brexit has left both UK and European startups alike wondering about the best path forward. From recruiting to acquiring investment to scaling into other parts of Europe, the challenges seem to be mounting. By December, who knows what will have happened on the Brexit landscape, such is the chaos. At Disrupt Berlin […]
T-Mobile partners with Jeffrey Katzenberg’s mobile streaming service Quibi
On the heels of getting the FCC’s proposal to merge with Sprint, T-Mobile announced a plan to partner with Jeffrey Katzenberg’s mobile streaming service, Quibi. According to statements provided to the LA Times, and confirmed by Variety, Quibi CEO Meg Whitman specifically called out T-Mobile’s “impressive 5G road map” as a good fit for the […]
Greylock GP Sarah Guo is as bullish on SaaS as ever
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where each week we discuss other people’s money and what sense their investment choices make (or don't).
Volvo creates a dedicated business for autonomous industrial and commercial transport
Volvo Group has established a new dedicated business group focused on autonomous transportation, with a mandate that covers industry segments like mining, ports and moving goods between logistics hubs of all kinds. The vehicle maker has already been active in putting autonomous technology to work in these industries, with self-driving projects — including at a […]
Japan will participate in NASA’s Lunar Gateway project for the Artemis program
Japan has officially announced that it will participate with NASA’s Lunar Gateway project (via NHK), which will seek to establish an orbital research and staging station around the Moon. The Lunar Gateway is a key component of NASA’s Artemis program, which aims to land the first American woman and the next American man on the […]
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