On the heels of reports that Stripe was raising yet more money, the payments giant has now confirmed the details. The company has closed in on another $600 million, at a valuation of $95 billion. Stripe said it will use the funding to expand its business in Europe, with a focus on its European HQ, […]
Hello friends, and welcome to Week in Review. Last week, I talked a bit about NFTs and their impact on artists. If you’re inundated with NFT talk just take one quick look at this story I wrote this week about the $69 million sale of Beeple’s photo collage. This hype cycle is probably all the […]
SpaceX has delivered another 60 Starlink satellites to orbit — meaning it has sent 180 in total to join its 1,000+ strong constellation in the past two weeks alone. Today’s launch also set a record for SpaceX for its Falcon 9 rocket reusability program, since it was the ninth flight and ninth landing for this […]
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday morning? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Every quarter we dig into the venture […]
Spending millions for a digital work of art that could be screenshotted feels similar to traipsing around a strip of concrete as a tourist activity. The optics don’t make immediate sense — there’s hardly any appeal in something as accessible as a Google image or street. That’s my best bet at explaining at least some […]
Despite government programs, local entrepreneurs stress that the region’s modest success is primarily driven by the private sector. Each province tends to have a godfather/cheerleader who has championed local startups through investment, advice and connections.
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 is as hot as ever, 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 […]
Who says there is no room for a new social network? Tiger Global is in advanced stages of talks to lead a round of $15 million to $20 million in seven-month-old Kutumb that values the Indian startup at about $170 million, four people familiar with the matter told TechCrunch. The American investment firm has offered […]
Apple has discontinued its original HomePod after four years. It says that it will continue to produce and focus on the HomePod mini, introduced last year. The larger HomePod offered a beefier sound space but the mini has been very well received and clearly accomplishes many of the duties that the larger version was tasked […]
Passion Capital, the early-stage venture firm in London, told TechCrunch earlier this week that — in an apparent first for a European fund — it plans to crowdfund the final stage of its third and latest vehicle. Specifically, it’s carving out around half a million dollars for anyone who wants to invest in the vehicle, […]
A prominent Republican senator weighs in on Amazon’s labor disputes, Microsoft reports a security vulnerability in Exchange and we examine ByteDance’s gaming strategy. This is your Daily Crunch for March 12, 2021. The big story: Marco Rubio sides with Amazon workers Senator Marco Rubio published an op-ed in USA Today declaring his support for workers […]
Immune intelligence startup Serimmune hopes to better understand the relationship between antibody epitopes (the parts of antigen molecules that bind to antibodies) and the SARS-CoV-2 virus. The company’s proprietary technology, originally developed at UC Santa Barbara, provides a new and specific way of mapping the entire array of an individual’s antibodies through a small blood […]
Tesla CEO Elon Musk’s tweets are the subject of another lawsuit. A Tesla investor is suing the company board and Musk for continuing to send “erratic tweets” that violate a settlement with the U.S. Securities and Exchange Commission that requires oversight of his social media activities. The lawsuit, which was first reported by Bloomberg, claims […]
Here, I’ll share what I’ve learned and offer tactical advice for finding, reaching out to, cultivating relationships with and working at deep tech companies as a nontechnical candidate.
Hackers are exploiting recently discovered vulnerabilities in Exchange email servers to drop ransomware, Microsoft has warned, a move that puts tens of thousands of email servers at risk of destructive attacks. In a tweet late Thursday, the tech giant said it had detected the new kind of file-encrypting malware called DoejoCrypt — or DearCry — […]
There has been an unprecedented IPO boom of tech companies in the Brazilian stock exchange, which is transformative for a market that was traditionally dominated by utilities, mining, oil and financial companies.
BMW has joined the cohort of investors that are backing Boston Metal’s carbon dioxide-free production technology for steel. The Boston-based startup had targeted a $50 million raise earlier in the year, as TechCrunch reported, and BMW’s addition closes out that round, according to a person familiar with the company. Looking to decarbonize the metal industry, […]
