As more fintech companies find their way to higher and higher valuations in both the private and public markets, expect to see more legacy banks and lenders be gobbled up by newer entrants.
Twitter’s ambitious upstart decentralized social media working group “bluesky” took an important step Monday as the social media company appointed a formal project lead who will direct how the protocol develops moving forward. Crypto developer Jay Graber was tapped by Twitter to helm the initiative, which the company hopes will eventually create a decentralized social […]
Spin users planning trips in 84 cities, towns and campuses across the U.S., Canada, Germany and Spain will be able to view Spin's electric scooters and bikes on the app while planning their trip.
Tinder announced this morning that in the “coming quarters,” users will be able to verify their ID on the app. This feature was first rolled out in Japan in 2019, where Tinder users must verify that they are at least 18 years old. Aside from places like Japan, where this is mandated by law, ID […]
We must eventually find a halfway point between those with valid concerns about the anonymity crypto assets provide and those who see regulation as prohibitively restrictive on crypto.
Pearson, a London-based publishing and education giant that provides software to schools and universities has agreed to pay $1 million to settle charges that it misled investors about a 2018 data breach resulting in the theft of millions of student records. The U.S. Securities and Exchange Commission announced the settlement on Monday after the agency found […]
Roblox is using M&A to bulk up its social infrastructure, announcing Monday morning that they had acquired the team at Guilded that has been building a chat platform for competitive gamers. The service competes with gaming chat giant Discord, with the team’s founders telling TechCrunch in the past that as Discord’s ambitions had grown beyond […]
Blue Origin, the space company helmed by billionaire Jeff Bezos, is taking NASA to court. The company filed a complaint with a federal claims court on Monday over the agency’s decision to award a lunar lander contract solely to rival company SpaceX. The complaint, which Blue Origin successfully petitioned to have sealed, says NASA’s evaluation […]
Six years ago, I sat in the Google self-driving project's Firefly vehicle — which I described, at the time, as a "little gumdrop on wheels" — and let it ferry me around a course in Mountain View.
Nuro doesn't have a typical Silicon Valley origin story. It didn't emerge after a long, slow slog from a suburban garage or through a flash of insight in a university laboratory.
Nuro's autonomous vehicles (AVs) don't have a human driver on board. There's no room in the narrow chassis for a driver's seat, no need for a steering wheel, accelerator or brake pedals.
Pandemic pizza was definitely a thing. U.S. consumers forked out a record-breaking $14bn to have pizza delivered to their doors in 2020, and nearly half of that was spent with one brand: Domino's.
The first sign that your town is about to welcome a horde of Nuro robots will be the appearance of a fleet of human-driven Toyota Priuses modified with cameras, lidars and radars.
Understanding why investors are so willing to buy small stakes in dozens of private companies worth billions of dollars is key to grokking the crush of investment we see among younger tech startups.
Cisco announced on Friday that it’s acquiring Israeli applications-monitoring startup Epsagon at a price pegged at $500 million. The purchase gives Cisco a more modern microservices-focused component for its growing applications-monitoring portfolio. The Israeli business publication Globes reported it had gotten confirmation from Cisco that the deal was for $500 million, but Cisco would not confirm […]
Amanda DoAmaral was an educator herself before she decided to found a tech company aimed at improving the education system. That’s a surprisingly rare credential for a startup founder in this area to possess — despite the obvious benefits of real, first-hand experience. Her company, Fiveable, focuses on modernizing (including a remote-first approach) a key […]
Facebook today announced that it would extend to four more branches the “most comprehensive” subsea cable to serve the African continent and Middle East region. Facebook will do this in collaboration with the 2Africa consortium that includes China Mobile International, MTN GlobalConnect, Orange, STC, Telecom Egypt, Vodafone and WIOCC. The new branches are Seychelles, the […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
U.S. auto regulators have opened a preliminary investigation into Tesla’s Autopilot advanced driver assistance system, citing 11 incidents in which vehicles crashed into parked first responder vehicles while the system was engaged. The Tesla vehicles involved in the collisions were confirmed to have either have had engaged Autopilot or a feature called Traffic Aware Cruise […]
