Elon Musk asked on Twitter whether he should sell 10% of his stake in Tesla Inc., and a majority of his social media followers said they’d support such a sale. Su Keenan reports on “Bloomberg Daybreak: Australia.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg
Month: November 2021
Investor interest in African fintech continues to grab headlines with large fundraises. Today, Africa’s largest digital payments network MFS Africa joins the fray. The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt. Private equity fund AfricInvest FIVE co-led the Series
Fashion commerce firm Nykaa rose as much as 89% on its Indian market debut Wednesday, gaining a valuation of $13 billion in the nation’s first women-led unicorn listing. Shares of FSN E-Commerce Ventures, which operates the Nykaa brand, opened at 2,018 ($27.2) Indian rupees and went as high as 2,129, up from its initial public
Kenyan edtech startup Craydel, a platform for comparing colleges, course options and tuition fees, has secured $1 million in a pre-seed round that will go toward improving its search and recommendation technology and enhancing its online resources. The round was led by Enza Capital, a private venture fund that invests in early-stage tech startups across
You can’t raise more than $370 million on a good idea alone. But you can raise a seed round worth a few million from Aileen Lee with that and a few other critical ingredients. Guild Education CEO Rachel Carlson did just that. Aileen Lee, founder and managing partner of Cowboy Ventures, led a $2 million
Meet Amenitiz, a Barcelona-based startup that describes its products as the operating system for independent hoteliers, B&Bs and cottages. In more technical terms, Amenitiz has been building a vertical software-as-a-service product that combines everything you need to run a hotel. The company just raised a $7.5 million (€6.5 million) seed round led by Point Nine.
There are dozens of devices out there that are eager to beat your muscles to within an inch of their tense little lives. They all have one thing in common: They’re a lot more powerful and have more endurance than the nimble fingers of a massage therapist. A trained and skilled therapist still has the
Disrupting the traditional MBA may be the most tried, tested and tweaked edtech startup pitch out there. And rightfully so: Business school is damn expensive and largely reserved for a select group of people who have the time and money to invest in elite education. While no single company has perfectly cracked the code yet,
The unprecedented rush of venture capital into startups is having an interesting knock-on effect: “Venture capital investors are racing to pay more to buy smaller pieces of startups that are less profitable than before,” writes Alex Wilhelm, who studied Silicon Valley Bank’s State of the Markets Report Q4 2021. Full TechCrunch+ articles are only available
Discord is already the de facto home for NFT communities, but the company could be planning to deepen those connections in a big way. On Monday, Discord founder and CEO Jason Citron tweeted a screenshot depicting Discord integrated with popular crypto wallet service MetaMask and WalletConnect, an open protocol that many mobile crypto wallets are
On-demand delivery giant DoorDash announced Tuesday it was acquiring food delivery company Wolt in an all-stock deal valued at €7 billion, or $8.1 billion. Talking about the acquisition, Tony Xu, co-founder and CEO of DoorDash said in a statement that the move “will accelerate our product development, bring greater focus to each of our markets
fuboTV is making a significant move in Europe with plans to acquire Molotov, a French startup with a leading television streaming service. fuboTV also operates a TV streaming platform, but it is currently only operating in the U.S., Canada and Spain. The transaction is a cash-and-stock deal that values Molotov at $190 million (€164.3 million).
The Mevo Start 3-pack with the Mevo Multicam App three-camera kit costs $999. Add some good lights and a half-decent microphone, and you have a full multi-cam streaming setup for less than $2,000. That would have been completely unthinkable just a few years ago, and let’s just take a minute to consider how absolutely astonishing
Last week, Netflix launched its debut lineup of mobile games to Android users globally. Today, the games are expanding to users on iOS. The lineup, which includes two “Stranger Things” games and a few other casual gaming titles, will be delivered to iOS users the same way they are on Android. That is, they’re not
Content publishing platform Medium is acquiring a small startup called Projector. As part of the deal, the entire Projector team is joining Medium with Projector’s co-founder and CEO Trevor O’Brien becoming Medium’s Chief Product Officer. If you’re not familiar with Projector, the company has been building a browser-based graphic design tool. In just a few
Sweetgreen, a fast-casual restaurant chain that attracted ample venture capital during its life as a private company, set early terms for its IPO this morning. The well-known salad-slinger expects to sell stock in its public market debut at a range of $23 to $25 per share. Inclusive of shares reserved for its underwriting banks, Sweetgreen is
Twitter’s premium subscription service, Twitter Blue, is launching today in the U.S. as well as New Zealand, offering an expanded slate of features meant to appeal to Twitter’s most engaged users. The service will be available across iOS, Android and the web for $2.99 per month (or $4.49 NZD). Twitter Blue first arrived this summer
Two weeks ago, 50 iconic founders and investors shared their insights on how the world can tackle the planetary “Code Red” with over 2,000 participants at the inaugural SOSV Climate Tech Summit. Here are key takeaways from over 16 hours of programming. It’s not clean tech 2.0 Is it another clean tech bubble? While the
With so much of the startup news cycle focused on unprecedented funding round sizes and record amounts of time bootstrapping, we don’t often step back from the numbers to have a hard think about innovation. But today, that’s precisely what we are going to do. The Exchange gained early access to pi Ventures’ Deep Tech
As more data moves to the cloud, it often still lives in multiple places on a business’ network, making it difficult for organizations to understand and access the right data they need and easier for data breaches to occur. Collibra, which provides tools to find, understand, access and analyze data, announced today that it raised
When Apple launched the Apple Watch, they made a big hoopla out of teaching its consumers how excited it was about having a “digital crown” and “complications”. To the watch lovers among us, that was a head-scratcher — of course a watch has all of those things. At the time, Apple was falling victim to
Earlier this year, Netflix launched a TikTok-like “Fast Laughs” feature in its app, offering short-form funny videos that would introduce members to its comedy programs, stand-up specials and more. Now, the company is developing a similar feature for kids with a Kids Clips feature discovered inside the app and confirmed by Netflix as launching this
By the time CapitalG signed on for Webflow’s Series B, the no code web design service was already profitable – a rarity for an early-stage company. It was a good position for the company and investors alike. For CapitalG, it was clear that the startup was already on the right path. And for Webflow, it
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
Clubhouse hosts and moderators will have a fresh tool in their kit today. The company is pushing a new feature live on both its iOS and Android apps that will let creators record an audio room so that anyone who misses the action live can check it out later. The company first announced that the
As Tableau looks for ways to make data more accessible to a greater number of people across an organization, it will be announcing later today at the #Data21 customer conference the ability to query your data inside Slack by asking questions using natural language. The announcement builds on previous integrations with Slack. Francois Ajenstat, chief
Instant grocery and essentials delivery is already a very crowded field in Europe; but today competition was turned up another notch: Gopuff — the U.S. leader in the space with a service that delivers food and essentials for a flat fee of $1.95, 24 hours a day — launched officially in the U.K.. It plans
The biggest players in the Earth observation industry use imaging satellites to deliver intelligence and analytics, but startup HawkEye 360 is taking a different tack. The company monitors radio frequency (RF) signals, like those emitted by marine radios or emergency beacons, on the premise that invisible electromagnetic spectrum is as ripe for information as the
Alpha JWC co-founders Jefrey Joe and Chandra Tjan. Image Credits: Alpha JWC Alpha JWC, the Jakarta-based venture capital firm, announced today it has closed its third fund at $433 million. The company says this makes it Southeast Asia’s largest VC fund for early-stage startups and that it was oversubscribed, with an initial target of $250
Doug Petkanics Contributor Doug Petkanics is the CEO of Livepeer, an open video infrastructure for livestreaming. From imbalanced creator economics and poor security, to centralized control and disgruntled communities — Web 2.0’s flaws have been on full display these past couple of months. First, former Facebook product manager Frances Haugen testified to Congress last month
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