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by Annie Siebert on (#5M0XN)
Germany is choking on bureaucracy, which threatens innovation. Bureaucratic processes slow everything down and reforms on employee stock option plans are needed so workers benefit from their startups.
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Crunch Hype
| Link | https://techncruncher.blogspot.com/ |
| Feed | http://feeds.feedburner.com/TechCrunch/ |
| Updated | 2024-11-23 10:31 |
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by Manish Singh on (#5M0XP)
Temasek and an affiliate of Warburg Pincus are investing $500 million in Indian ride-hailing giant Ola, the Bangalore-headquartered startup said in a short statement Friday. Ola co-founder and chief executive Bhavish Aggarwal is also participating in the new investment, the startup said. This is the first time SoftBank-backed Ola, which leads the market in India, […]
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by Mike Butcher on (#5M0XQ)
DN Capital, one of Europe’s most active VCs has launched its latest $350 million (£220m, €300m) fund off the back of a pretty stand-out year when the firm saw four of its portfolio companies hit billion-dollar-plus valuations. DN’s ‘Fund V’ will invest across Europe, the UK and the US, but with strongly European LPs, DN […]
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by Rebecca Bellan on (#5M0RK)
As environmental issues really came of age in the 1990s, certain German automakers were meeting in secret groups to make sure their cars would continue to industriously contribute to greenhouse gas emissions. According to the European Union, Volkswagen, Audi, Porsche, BMW and Mercedes-Benz parent company Daimler have been illegally colluding to restrict competition in emission […]
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by Aria Alamalhodaei on (#5M0PC)
5G technology has generated a lot of hype for its potential to power driverless cars using a remote operator, but for the past few years that’s all it’s been — hype. Las Vegas-based startup Halo and telecom giant T-Mobile are teaming up to change that, with a driverless electric car service in Las Vegas powered […]
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by Richard Dal Porto on (#5M0PD)
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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by Annie Siebert on (#5M0N2)
Want to convert twice as many visitors into customers? Follow these copywriting tactics.
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by Annie Siebert on (#5M0N3)
Bottom line: VR usage needs more scale before ad revenue makes a dent.
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by Steve Gillmor on (#5M0HD)
The Gang spends a lot of time these days on the streaming wars, so it seems appropriate that Congress wants to get into it. With Netflix’s success at overturning the structure of Hollywood’s broadcast television production and advertising processes, consumers are taking advantage of a Golden Age of choices. Senator Elizabeth Warren is resuscitating her […]
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by Zack Whittaker on (#5M0HE)
In 2013, eight tech companies were accused of funneling their users’ data to the U.S. National Security Agency under the so-called PRISM program, according to highly classified government documents leaked by NSA whistleblower Edward Snowden. Six months later, the tech companies formed a coalition under the name Reform Government Surveillance, which as the name would […]
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by Natasha Mascarenhas on (#5M0HF)
Peter Boyce II has left General Catalyst to start his own firm, a little over a year after the venture capital firm promoted him to partner. His new firm is called Stellation Capital, and filings indicate that he is looking to raise up to $40 million for the debut investment vehicle. Sources say that most, […]
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by Natasha Mascarenhas on (#5M0HG)
Instacart has appointed Facebook executive Fidji Simo as its new CEO, just seven months after she joined the grocery delivery company’s board of directors. Simo, formerly the vice president and head of the Facebook app, will replace Instacart founder and current CEO Apoorva Mehta on August 2. Mehta will transition to executive chairman of the […]
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by Ram Iyer on (#5M0HH)
For your transformation journey to be successful, you need to develop a deep understanding of your goals, people and the process.
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by Matt Burns on (#5M0DR)
The term muscle car has always been a euphemism for concessions. Want the most power for the money? Forget about a sports car from Porsche or Lotus. Buy a muscle car and just take corners a bit slower. Today Dodge announced it’s making an electric muscle car and it will be available in 2024. The […]
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by Aria Alamalhodaei on (#5M0DS)
Stellantis, the global automaker born out of a merger between Fiat Chrysler Automobiles and French automaker Groupe PSA, will invest €30 billion ($35.5 billion) in electric vehicles and new software over the next four years as part of a major push to transition away from internal combustion engines. The world’s fourth-largest automaker joins rivals such […]
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by Carly Page on (#5M0DT)
Morgan Stanley has joined the growing list of Accellion hack victims — more than six months after attackers first breached the vendor’s 20-year-old file-sharing product. The investment banking firm — which is no stranger to data breaches — confirmed in a letter this week that attackers stole personal information belonging to its customers by hacking […]
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by Romain Dillet on (#5M0DV)
French startup PowerZ has raised another $8.3 million (€7 million at today’s exchange rate) including $1.2 million (€1 million) in debt — the rest is a traditional equity round. The company is both an edtech startup and a video game studio with an ambitious goal — it wants to build a game that is as […]
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by Brian Heater on (#5M0BD)
As I mentioned at the close of last week’s roundup, the biggest issue in writing this roundup on Wednesday is that sometimes news breaks on Thursday morning. Again, I’m asking the robotics community to try not make any big headlines on Thursdays. That would really help a guy out. Last week, news broke that Zebra […]
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by Alex Wilhelm on (#5M0BE)
Circle is the sort of business that is correct for a SPAC-led debut. It could not go public in a traditional manner in its current state of maturity.
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by Ron Miller on (#5M0BF)
As companies look for ways to respond to incidents in their complex microservices-driven software stacks, SREs — site reliability engineers — are left to deal with the issues involved in making everything work and keeping the application up and running. Rootly, a new early-stage startup wants to help by building an incident-response solution inside of […]
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by Danny Crichton on (#5M0BG)
There are excruciatingly high stakes for software today. Trillions of dollars of market cap, billions of consumers, hundreds of billions of revenue, and limitless hours of usage are dependent on software working in real time, all the time, without downtime. As the sophistication of software delivery has increased, every layer of the tech stack has […]
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by Danny Crichton on (#5M0BH)
Kris Beevers, John Sullivan and Alex Vayl wanted to rebuild the core addressing system of the internet and transform it from a cost center into a critical tool for software reliability and cost savings.
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by Danny Crichton on (#5M0BJ)
NS1 looks at DNS differently from the competition: It doesn’t consider it as just a conduit to connect traffic; instead, DNS is treated as a routing system that can direct traffic very effectively.
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by Danny Crichton on (#5M0BK)
Since its inception, one of the toughest challenges NS1 has faced is the simple fact that DNS is a mature market category with venerable and well-established incumbents.
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by Danny Crichton on (#5M0BM)
Sales in enterprise infrastructure is all about meeting a customer’s requirements. But what happens if customers don’t even realize they need a startup’s product in the first place?
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by Lauren Simonds on (#5M09G)
Rise, shine and get your startup on, early founders. It’s Day One of TC Early Stage 2021: Marketing and Fundraising! Get ready to be schooled — in the best way possible — on essential skills, tips and tactics every founder needs to build a successful startup. And, like the sign says, the emphasis this time […]
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by Mary Ann Azevedo on (#5M09H)
Z1, a Sao Paulo-based digital bank aimed at Latin American GenZers, has raised $2.5 million in a round led by U.S.-based Homebrew. A number of other investors also participated in the financing including Clocktower Ventures, Mantis – the VC firm owned by The Chainsmokers, Goodwater, Gaingels, Soma Capital and Rebel Fund. Notably, Mantis has also […]
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by Catherine Shu on (#5M09J)
One month after entering Japan, its first international market, Coupang has launched in Taiwan. The South Korean e-commerce giant began offering its service in Taipei City’s Zhongshan neighborhood, allowing people there to order items through its app for on-demand delivery between 8AM to 11PM, charging a delivery fee of 19 NTD (about 68 cents USD). […]
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by Romain Dillet on (#5M079)
Circle has announced that it plans to become a public company. The cryptocurrency company will merge with Concord Acquisition Corp, a SPAC. Circle is better known as one of the founding members of the Centre consortium with Coinbase. Along with other crypto partners, they have issued USD Coin (USDC), a popular stablecoin. A SPAC is […]
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by Ron Miller on (#5M07A)
The pandemic has been a time for a lot of reflection on both a personal and business level. Tech companies in particular are assessing whether they will ever again return to a full time, in-office approach. Some are considering a hybrid approach and some may not go back to a building at all. Amidst all […]
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by Ingrid Lunden on (#5M07B)
Legacy TV services like HSN and QVC may have put live shopping shows on the map for consumers, but livestream commerce got a completely new boost of life in the pandemic, with retailers and e-commerce leviathans tapping a perfect storm of the craze for video entertainment, a trend (or even municipal rules in some cases) […]
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by Tage Kene-Okafor on (#5M07C)
A 2016 study by global consultancy PwC states that an estimated 90% of sales in Africa’s major economies come through informal channels like markets and kiosks. In sub-Saharan Africa, 90% of these household retail transactions are carried out via a network of about 100 million MSMEs. Africa’s retail payments, mostly cash-based, is expected to reach […]
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by Christine Hall on (#5M07D)
Five months after announcing a $3 million seed round from Spero Ventures, shopping-focused live video host Talkshoplive is back, this time with a $6 million seed extension led by Raine Ventures.
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by Brian Heater on (#5M07E)
Beyond Meat today announced the arrival of its new plant-based Chicken Tenders at upward of 400 U.S. based restaurants. The news follows continued growth for the California-based faux meat giant, which includes expansion to Walmart stores, Taco Bell restaurants and a big push into China over the past year. The company says it’s a different […]
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by Natasha Lomas on (#5M058)
Swiss Post, the former state-owned mail delivery firm which became a private limited company in 2013, diversifying into logistics, finance, transport and more (including dabbling in drone delivery) while retaining its role as Switzerland’s national postal service, has acquired a majority stake in Swiss-Hungarian startup Tresorit, an early European pioneer in end-to-end-encrypted cloud services. Terms […]
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by Christine Hall on (#5M059)
H Venture Partners brought together more than 75 consumer and retail industry experts to invest in its first fund, raising $10 million aimed at consumer brand startups backed by science.
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by Natasha Mascarenhas on (#5M019)
Toronto-based Clearco, a fintech capital provider for online companies, has raised $215 million in a round led by SoftBank Vision Fund II. The financing event closed just weeks after Clearco completed its most recent financing, a $100 million round that quintupled its valuation to $2 billion. Clearbanc rebrands its way into a unicorn While the […]
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by Tage Kene-Okafor on (#5KZZN)
An estimated one billion people worldwide face the challenge of proving who they are, according to a World Bank Group report which states that 81% of this number live in sub-Saharan Africa and South Asia without official proof of identity. It’s no news that Africans spend an inordinate amount of time trying to prove or […]
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by Manish Singh on (#5KZWW)
High-profile investors are doubling down on their bets to explore the future of social commerce in India. DealShare said on Thursday it has raised $144 million in a new financing round as it looks to expand its presence in the South Asian market and eye opportunities in international markets. The new financing round, a Series […]
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by Manish Singh on (#5KZWX)
Zomato, a food delivery startup in India, said on Thursday it has boosted its plan to raise $1.3 billion in its initial public offering, which opens on July 14 and closes July 16. The loss-making startup said it will price its shares in the range of 72 Indian rupees (96 cents) to 76 ($1) and […]
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by Manish Singh on (#5KZVC)
As most Indian edtech startups work on broadening their catalog with live and recorded courses for students, some are beginning to take a different approach to tackle the South Asian nation’s large education market. Teachmint, a one-year-old startup, is betting on empowering teachers to create their own virtual classrooms with a few taps on their […]
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by Romain Dillet on (#5KZVD)
French startup Younited Credit has raised a $170 million funding round. Goldman Sachs is leading the round with existing investors Eurazeo, Bpifrance and AG2R La Mondiale also participating. The company offers several credit products to European consumers. It also has a diversified distribution strategy. Consumer credit in Europe is completely different from consumer credit in […]
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by Catherine Shu on (#5KZQ3)
Many teachers and parents in Indonesia rely on WhatsApp to keep in touch, creating “multiple groups that often become messy and highly ineffective, and result in confusion or lost threads,” says Rizky Aniez, the co-founder and chief executive officer of Gredu. The Jakarta-based startup was created to give everyone involved in the educational process—school administrators, […]
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by Taylor Hatmaker on (#5KZNC)
A group of 37 attorneys general filed a second major multi-state antitrust lawsuit against Google Wednesday, accusing the company of abusing its market power to stifle competitors and forcing consumers into in-app payments that grant the company a hefty cut. New York Attorney General Letitia James is co-leading the suit alongside the Tennessee, North Carolina […]
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by Taylor Hatmaker on (#5KZK2)
A new pilot program from TikTok would inject a little LinkedIn into the youthful video-based social network. TikTok announced that, starting today, it will invite users to submit video resumes to participating companies, including Target, Chipotle, Shopify, Meredith, NASCAR and the WWE. The company encourages applicants to show off their skills in a creative way […]
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by Rebecca Bellan on (#5KZHT)
We’ve been hearing about BMW’s electric city scooters, not to be confused with electric kick scooters, for years. The German automaker came out with the BMW Motorrad Concept Link in 2017, a concept vehicle that imagines the future of expensive micromobility. After revealing the latest concept scooter, the CE 04, in November 2020, BMW is […]
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by Richard Dal Porto on (#5KZGM)
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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by Romain Dillet on (#5KZGN)
Amsterdam-based challenger bank Bunq has been self-funded by its founder and CEO Ali Niknam for several years. But the company has decided to raise some external capital, leading to the largest Series A round for a European fintech company. The startup is raising $228 million (€193 million) in a round led by Pollen Street Capital. […]
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by Walter Thompson on (#5KZF6)
To capitalize on the promise of video advertising in mobile and CTV, and measure ad efficacy with confidence, business leaders must ensure that they’re reaching customers — not bots.
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by Devin Coldewey on (#5KZF7)
Kobo’s Elipsa is the latest in the Amazon rival’s e-reading line, and it’s a big one. The 10.3-inch e-paper display brings it up to iPad dimensions and puts it in direct competition with the reMarkable and Boox’s e-reader tablets. It excels on reading experience, gets by on note taking and drawing, but falls a bit […]
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