There was some confusion when the Juice Pack Connect was announced last week. I admit I was a bit confused, too. It was, no doubt, the proximity to Apple’s iPhone 12 launch that lead many to (understandably) assume that the new take on Mophie’s case is based on the handset’s new MagSafe tech. While it […]
Merritt Hummer Contributor Share on Twitter Merritt Hummer is a partner at Bain Capital Ventures, where she invests in the fintech, e-commerce and proptech sectors. Startups involved in B2B e-commerce such as Faire and Mirakl have burst out of the gates in 2020. Almost overnight, these startups transformed into consequential platforms, earning billion-dollar valuations along […]
Zynga’s revenue grew to a record $503 million (up 46% year-over-year) in the third quarter, with bookings of $628 million (up 59%), according to its latest earnings report. It also had its best mobile daily active user (31 million) and monthly active user (83 million) numbers in six years. But things weren’t all rosy: The […]
When it comes to financing a startup, the most important — and hardest — check to land is the very first one. The growth of accelerators, rolling funds, community funds, hungry angels and institutional investors has given founders more options than ever before, but for women and people of color, access to funding continues to be […]
TikTok confirmed today it has taken down videos spreading election misinformation that had been posted to two high-profile Republican-supporting accounts, The Republican Hype House and The Republican Boys. The accounts, popular with young, conservative voters, reach more than a million followers combined, and have the potential to reach even more users who would find their […]
A ballot measure passed by 75% of voters in Massachusetts has resolved a thorny question that could have widespread implications for the automotive industry: once a person buys a vehicle, they own all of its data. The measure, listed on the ballot as Question 1, amends and broadens a law that gives consumers in Massachusetts […]
When Trump spoke early Wednesday morning, it became clear which long-dreaded election scenario an anxious nation was on the cusp of. “This is a fraud on the American public,” Trump said in remarks delivered from the White House, mixing his campaign with the presidency. “We were getting ready to win this election. Frankly, we did […]
Polls closed in the U.S. presidential election on Tuesday without any significant or disruptive cyberattacks, according to cybersecurity officials and experts. Election Day wasn’t without its problems. Some voting machines in Nevada and Texas went down but were quickly back up and running, some voters in Georgia and Ohio had to use paper ballots after […]
The flow of venture capital in 2020 has been surprisingly strong given the year’s general uncertainty, but while investors have showered plenty of dough on growth-stage companies, seed-stage startups are down 32% last quarter compared to the year before. There have been plenty of recent conversations about alternative funding routes for founders, and one of […]
As we’re currently shifting through all of the national and local votes from last night’s elections, here’s a small but important victory for privacy advocates out of Portland, Maine. Per the Bangor Daily News, the city passed “Referendum Question B,” designed to curb government and police use of facial recognition technology. According to the initiative: […]
Cannabis legalization was on five state ballots yesterday and ran the table. Voters in Oregon, where cannabis is already legal, also approved a measure addressing street drugs and another that sought to legalize psychedelic mushrooms’ therapeutic use. Of the five states that voted on cannabis, four states approved legal recreational marijuana for adults age 21 […]
Whether space is the final frontier remains to be seen, but it’s certainly the next one as far as we’re concerned. On December 16-17, we’re hosting TC Sessions: Space 2020, a two-day online conference and our first event focused squarely on space technology and the early-stage startups and investors that make it possible. The future […]
During yesterday’s tense voting and this morning, shares of American-listed technology companies are shooting higher. The tech-heavy Nasdaq composite is up around 3.35% this morning, more than double what the broad S&P 500 index is currently managing. SaaS and cloud stocks kicked off the day up a staggering 4.98%, a sharp rally in the value […]
No matter whom you support for President, it’s a nerve-wracking morning as many states come down to mere tens of thousands of votes. And perhaps no state looms larger than Pennsylvania, where a larger number of votes are yet to be counted. But if you are currently torturing yourself by reading an endless stream of […]
Facebook and Instagram are running notifications in their respective apps informing U.S. users that the winner of the 2020 U.S. presidential election has not yet been determined. In large pop-ups appearing at the top of the Facebook and Instagram News Feeds, the notification states that “Votes Are Being Counted” and directs users to other in-app […]
You might have very good reason to be on a wine kick right now — along with plenty of the rest of the country — so it’s perhaps timely to take a look at the Aveine Smart Aerator, a gadget from a French startup that offers variable, instant aeration and a connected app platform for […]
Update: At the close of trading today, the tech-heavy Nasdaq Composite was up 3.8%, with SaaS and cloud stocks rising a simply bonkers 6.2%. On the back of sizable gains posted yesterday, tech stocks are once again rising sharply in pre-market trading today. Futures concerning the tech-heavy Nasdaq Composite index are indicating a 3.4% gain this […]
Shares of American ride-hailing giants Uber and Lyft are sharply higher in pre-market trading this morning on the expected passage of Proposition 22, a California ballot measure that allows tech-enabled, on-demand companies to continue classifying gig workers as independent contractors. Shares of Uber are up 11.88% in pre-market trading, while shares of Lyft — which […]
Uber, Lyft, Instacart and DoorDash — the major backers of California’s Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent contractors, is projected to pass. The Associated Press called the race with 67% of precincts partially reporting. Update 11/4 10:34 a.m. PT: With 99% of precincts partially […]
With key wins notched in a few states, Trump didn’t quite declare victory prematurely on social media as platforms had feared — but he did baselessly raise the specter of voter fraud. “We are up BIG, but they are trying to STEAL the Election,” Trump tweeted. “We will never let them do it. Votes cannot […]
