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Updated 2024-11-24 02:01
Elon Musk giveth and taketh away
Hello friends, and welcome back to Week in Review! Last week, I wrote about Facebook’s never-ending Trump problem. This week, I’m looking at Elon Musk’s wild week of whipping crypto markets. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page, and follow my tweets @lucasmtny. […]
How one founder’s startup journey began with dropping out of school to work with Drake
This week’s episode of Found features Courtne Smith, founder of NewNew, a social app where people pay to vote on your decisions. The platform takes the concept of social polling to the next level, essentially allowing everyone to monetize their choices by turning them into a kind of social stock market where others can purchase […]
Clubhouse to launch Android app worldwide in a week
Voice social network Clubhouse said on Sunday it will expand its Android app worldwide in a week, days after launching a beta version of its service on Google-owned mobile operating system for users in the U.S. The startup — backed by A16z, Tiger Global and DST Global and valued at about $4 billion — said it will […]
Crypto and blockchain must accept they have a problem, then lead in sustainability
As cryptocurrencies become increasingly mainstream, the industry’s expanding carbon footprint becomes harder to ignore. The industry needs to address sustainability now or risk hindering innovation.
Dear Startups: Don’t repaint, reinvent
I feel hungover. No, not in the traditional sense, but in the dizzying way you feel when half of your world is celebrating double vaccinations and no masks, and the other half, across the world, is mourning death and not a shred of light at the end of the tunnel. The privilege of watching this […]
Maybe SPACs were a bad idea after all
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.
Leveling the playing field
There is an atmosphere of collaboration, not competition, around the creation of hardware for gamers within the assistive technology community.
This Week in Apps: Apple talks App Store fraud, responds to antitrust complaints; Facebook growth is slipping
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices […]
Rocket Lab’s 20th Electron launch ends in failure with the loss of its payload
Rocket Lab flew its 20th Electron mission on Saturday morning, but the launch ran into a significant issue just after its second stage engine ignited. The engine appeared to shut down just after the ignition, which is not what it’s supposed to do, and which is likely the result of an automated emergency shutdown process […]
Amazon launches free video streaming service in India
Amazon has long maintained that its video streaming service, Prime Video, helps drive more sales on the shopping app. Now the e-commerce giant is testing what happens when it brings a video streaming service directly to the shopping app. The e-commerce giant, which launched an ad-supported streaming service (IMDb TV) in the U.S. two years […]
European AI needs strategic leadership, not overregulation
Proposed EU regulations could cripple AI development in the EU while China and the U.S. leap forward and lead to complete chaos when regulations in various EU bodies start contradicting.
Solana, a blockchain platform followed by top crypto investors, says it’s far faster than Ethereum
Solana isn’t widely known yet outside of the crypto community. But insiders think the blockchain platform is interesting for a wide variety of reasons, beginning with its amiable founder, Anatoly Yakovenko, who spent more than a dozen years as an engineer working on wireless protocols at Qualcomm and who says he had a lightbulb moment […]
Extra Crunch roundup: Selling SaaS to developers, cracking YC after 13 tries, all about Expensify
In an exclusive TechCrunch exposé, a founder shares the key lessons he learned while steering his startup through YC’s stringent selection process.
Daily Crunch: Stripe buys Y Combinator alum Bouncer for undisclosed sum
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Google’s ‘DVD Screensaver’ Easter egg makes the logo bounce around your screen accordingly
It’s been a while since we’ve seen a good Easter egg out of Google. Not too long ago it felt like someone would discover a new hidden gag in Google’s products every few weeks. The company cranked them out like it was their job. While we haven’t seen as many new ones pop up lately, […]
New Relic’s business remodel will leave new CEO with work to do
We decided to dig into the company's financials to see just what challenges Bill Staples might face as he moves into the corner office.
California Gov. Newsom proposes $3.2B in EV investment as part of economic recovery package
California Governor Gavin Newsom, a vocal proponent of electric vehicles, on Friday debuted a new proposal that would earmark $3.2 billion to boost EV infrastructure and adoption in the state. “This is a big deal,” Newsom said at a press conference Friday. “The Biden administration’s been talking a lot about this, they’re hoping to do […]
As M&A accelerates, deal-makers are leveraging AI and ML to keep pace
Using AI and ML to cut out the labor-intensive parts of M&A both speeds the process and reduces the time-consuming tasks that lead to burnout in the industry.
Opportunity knocks: Exhibit at TC Sessions: Mobility 2021
No matter what slice of the mobility market you’ve claimed as your own — AVs, EVs, data mining, AI, dockless scooters, robotics or the batteries that will charge and change the world — you won’t find a better place to showcase your extraordinary tech and talent than TC Sessions: Mobility 2021. Buy a Startup Exhibitor […]
Every early-stage startup must identify and evaluate a strategic advantage
Regardless of industry, a successful startup without a strategic advantage is just a validated business model vulnerable to copycat companies looking for a market entry point.
What to expect from Google’s all-virtual I/O
While Apple, Microsoft and the like were scrambling to bring their respective developer conferences online, Google made the executive design to just scrap I/O outright last year. It was a bit of an odd one, but the show went on through news-related blog posts. While we’re going to have to wait another year to darken […]
Stripe acquires Bouncer, will integrate its card authentication into the Radar fraud detection tool
On the heels of a $600 million fundraise earlier this year, payments giant Stripe has been on an acquisition march to continue building out its business. In the latest development, the company has acquired Bouncer, a startup based in Oakland that has built a platform to automatically run card authentications and detect fraud in card-based […]
5 ways to raise your startup’s PR game
There’s a lot of noise out there. The ability to effectively communicate can make or break your launch.
Facebook loses last-ditch attempt to derail DPC decision on its EU-US data flows
Facebook has failed in its bid to prevent its lead EU data protection regulator from pushing ahead with a decision on whether to order suspension of its EU-U.S. data flows. The Irish High Court has just issued a ruling dismissing the company’s challenge to the Irish Data Protection Commission’s (DPC) procedures. The case has huge […]
Deadline extended: Apply to Startup Battlefield at TC Disrupt 2021
When you’re head-down and nose to the grindstone — I’m looking at all you hard-working early-stage startup founders — it’s easy to miss a deadline for an outstanding opportunity. Case in point: competing in Startup Battlefield at TechCrunch Disrupt 2021 in September. We want every game-changing, innovative startup — from anywhere around the world — […]
The gaming industry needs more than just coders
If you never considered a career in the gaming industry -- or thought that your skill set wouldn’t translate -- know that this expanding job market needs employees from all types of backgrounds.
Prices increase today: Last chance to buy a $99 pass to TC Disrupt 2021
Last call, y’all. Today’s the final day to keep more money in your pocket and still enjoy three opportunity-packed days at TechCrunch Disrupt 2021 on September 21-23. Our super early-bird price — $99 — disappears tonight, May 14 at 11:59 p.m. (PT). Get your click on, avoid the price hike and buy your pass right […]
Edtech stocks are getting hammered but VCs keep writing checks
Similar to how telehealth faced declines as patients returned to in-person care, edtech will face similar drops as schools become a safer option for students and teachers.
Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week
Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security, the third company it has purchased this week. The two companies did not disclose the purchase price. With Kenna, Cisco gets a startup that uses machine learning to sort through the massive […]
Hundreds of SPACs waiting in the woods
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The fully vaxxed and officially fully immune took over the podcast this week, with Natasha and Danny co-hosting the show while the inimitable Alex is out from Shot No. 2. Grace and Chris, as always, were behind the […]
Teach AIs forgetfulness could make them better at their jobs
While modern machine learning systems act with a semblance of artificial intelligence, the truth is they don’t “understand” any of the data they work with — which in turn means they tend to store even trivial items forever. Facebook researchers have proposed structured forgetfulness as a way for AI to clear the decks a bit, […]
Echelon exposed riders’ account data, thanks to a leaky API
Peloton wasn’t the only at-home workout giant exposing private account data. Rival exercise giant Echelon also had a leaky API that let virtually anyone access riders’ account information. Fitness technology company Echelon, like Peloton, offers a range of workout hardware — bikes, rowers, and a treadmill — as a cheaper alternative for members to exercise […]
Why SPACs aren’t targeting African startups
One. That’s the number of African tech companies that have gone public on the NYSE in the last 10 years. Two, if you’re counting local exchanges. The former is African-focused e-commerce company Jumia and the latter is Egyptian fintech company Fawry. As a tech company, Fawry’s listing on the Egyptian Stock Exchange is a rarity. […]
Fisker and Foxconn sign deal to build electric vehicles
Electric car startup Fisker signed an agreement with Foxconn, the Taiwanese company that assembles iPhones, to co-develop and manufacture a new electric vehicle. Production on the car, which will be sold under the Fisker brand name in North America, Europe, China and India, will begin in the U.S. by the end of 2023. Numerous details, […]
Daily Crunch: Lemonade says website security flaw that exposed customer data is ‘by design’
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Substack acquires team from community consulting startup People & Company
New media poster child Substack announced today that they’ve added a small community-building consultancy team to its ranks, acquiring the Brooklyn-based startup People & Company. The small firm has been working with clients to build up their community efforts, and its team will now be tasked with building up some of the newsletter company’s upstart […]
Even startups on tight budgets can maximize their marketing impact
A startup’s best marketing asset is its story. The knowledge and expertise of its team, together with the why and the how of its offering provides the most compelling content.
Three students sue coding bootcamp Lambda School alleging false advertising and financial shenanigans
Lambda School has attracted a lot of attention, and raised some $130 million in venture funding from an impressive list of investors, for its novel approach to coding education: offering six-month virtual computer science courses for $30,000, with the option of paying for the courses in installments based on a sliding scale that only kicks in […]
After another canceled year in the desert, Burning Man plans for a virtual event
Last month, the organization behind Burning Man announced that the festival/experience would not be returning to the desert of Nevada this year due to the COVID-19 pandemic and would instead be attempting a virtual event, once again aiming to bring attendees access to a handful of web-based experiences. Today, the Burning Man org released tickets […]
Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round
Orbital imagery is in demand, and if you think having daily images of everywhere on Earth is going to be enough in a few years, you need a lesson in ambition. Alba Orbital is here to provide it with its intention to provide Earth observation at intervals of 15 minutes rather than hours or days […]
Advanced tax strategies for startup founders
Here are some advanced equity planning strategies that you can implement at different stages of your company life cycle to reduce tax and optimize wealth for you and your family.
New Relic is bringing in a new CEO as founder Lew Cirne moves to executive chairman role
At the market close this afternoon ahead of its earnings report, New Relic, an applications performance monitoring company, announced that founder Lew Cirne would be stepping down as CEO and moving into the executive chairman role. At the same time, the company announced that Bill Staples, a software industry vet, would be taking over as […]
Shopify helps customers build online shops, but it’s minting tech founders and investors, too
Last month, Jean-Michel Lemieux, the chief technology officer of Shopify, and the company’s chief talent officer, Brittany Forsyth, both announced that they are stepping down from their roles. Chief legal officer Joe Frasca is also set to step down, with all three ending their tenures next month. In their next chapters, all seem keen to advise, […]
Pinterest to test livestreamed events this month with 21 creators
Pinterest is expanding into live events. The company is planning to host a three-day virtual event that will feature livestreamed sessions from top creators, including big names like Jonathan Van Ness and Rebecca Minkoff, among others. The virtual event will run inside the Pinterest app from May 24th through May 25th, and will serve as […]
Is there a creed in venture capital?
When faced with shifting terms, I apply four basic principles to frame my approach. First: avoid any escalation that endangers the overall success of the enterprise.
PayPal acquires returns logistics business, Happy Returns
PayPal announced today it’s acquiring Happy Returns, a returns solution provider that offers online shoppers access to easier ways to send back unwanted merchandise to retailers without having to box it up and ship it themselves. The company today offers a network of more than 2,600 drop-off returns locations in the U.S., including those in […]
Software subscriptions are eating the world: Solving billing and cash flow woes simultaneously
Subscription business models are attractive, but there are two major pitfalls. First, payment. Second: How do businesses cover the funding gap between when customers sign up and when they pay?
China’s autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021
As the autonomous vehicle industry in the United States marches toward consolidation, a funding spree continues to exhilarate China’s robotaxi industry. Momenta, Pony.ai, WeRide and Didi’s autonomous vehicle arm have all raised hundreds of millions of dollars over the past year. And 21-year-old search engine giant Baidu competes alongside the startups with a $1.5 billion […]
Google Analytics prepares for life after cookies
As consumer behavior and expectations around privacy have shifted — and operating systems and browsers have adapted to this — the age of cookies as a means of tracking user behavior is coming to an end. Few people will bemoan this, but advertisers and marketers rely on having insights into how their efforts translate into […]
These are the 25 companies presenting at Alchemist Accelerator’s 27th Demo Day today
Enterprise-focused Alchemist Accelerator is back with another one. Today marks its 27th Demo Day, with more than two dozen companies expected to take the (virtual) stage. Coming in at 25 companies, this is Alchemist’s largest cohort so far. Meanwhile, Alchemist Director Ravi Belani tells me that applications to the accelerator have grown by more than […]
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