The European Commission is facing fresh calls to make good on its 2017 antitrust decision against Google Shopping by banning Google from displaying its own shopping comparison ads units in search results — boxes which Google populates with revenue-generating ads — as they argue the self-preferencing units constitute an ongoing competition abuse by the adtech
Month: October 2022
Continuity Camera was one of the odder additions that arrived in the last round of Apple operating system updates. It seemed like an awkward fix to a longstanding issue with Mac webcams, clipping your iPhone to the top of your laptop lid, but I’ve come to appreciate it in my recent travels. Today, Belkin announced
Meet Omneky, a startup that leverages OpenAI’s DALLE-2 and GPT-3 models to generate visuals and text that can be used in ads for social platforms. The company wants to make online ads both cheaper and more effective thanks to recent innovations in artificial intelligence and computer vision. Omneky is participating in Startup Battlefield at TechCrunch
From one perspective, DoorDash is a bargain today. The same goes for Coinbase, UiPath, AppLovin, Oscar Health, Bumble and Qualtrics. Indeed, if you pick nearly any 2021 technology IPO and compare its debut price to where it trades today, you will find that the market is offering yesteryear’s standouts at a massive discount. So much
Verlinvest, a family-backed, “evergreen”, growth fund investor, that has previously funded a few well-known consumer brands like Oatly, Vita Coco, Tony’s Chocolonely, Who Gives A Crap, Pedego, Chewy.com, Hint & others, is getting into the venture game. After putting around €50m into VC initiatives globally, it’s now embarking on being the kick-starter LP in a
Meet Revyze, a French startup that is developing a mobile app for iOS and Android at the intersection of education and social. In many ways, Revyze looks just like TikTok. But it is focused specifically on educational content for teenagers. “We talked with kids attending 30 or 35 different high schools,” co-founder Florent Sciberras told
Emily Chang speaks with Mark Gurman about Apple’s shift to the lightning charging port and how this pivot brings them closer to a wireless-first future. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily Chang here: Get the latest in tech from Silicon
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Greetings from the TechCrunch office! Yes, it turns out we have an office, even though we haven’t seen the inside of it for a good long stretch. We are here doing some
After a rough year in the public markets, you might take today’s brilliant trading as good news. Any positive price movement is a win, right? Kinda. The tech-heavy Nasdaq composite index rose 3.4% today, while other major U.S. indices jumped smaller amounts in a hall-of-fame start to the trading week. (That the markets are turning
Netflix announced today that it has launched “Profile Transfer,” a feature that lets a member on an existing account switch to a brand-new account without rebuilding their profile. This prevents their personal data from being erased like customized recommendations, viewing history, list of favorite shows/movies, and other settings that could be annoying to lose and
Tipping in the U.S. is a critical part of how the wheels turn in the service economy. One service area that’s been very overlooked, however, is the world of last-mile delivery — a service job that falls between the cracks when it comes to tipping because those who deliver products typically don’t work for the
Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion, today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC. The tranche values the company at $1 billion post-money, according to
As hundreds of thousands of EVs come to market over the next few years, demand for critical battery materials like lithium, graphite, nickel, and cobalt has never been higher. Automakers are scrambling to ensure their own supply of key raw materials and, in the process, reduce their reliance on China, the dominant force in the
As more streaming services explore the livestreaming space, Amazon Prime Video is branching out beyond live sports and introducing a new weekly livestreamed concert series, “Amazon Music Live.” Next Thursday, October 27, at 9 p.m. PT, Amazon will launch the series which features rapper 2 Chainz as the host and performances by artists Lil Baby,
Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs. The new funding valued the Bengaluru-headquartered startup at $22 billion, the same figure at
Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation. Announcements could come as early as this month. Bloomberg’s Ed Ludlow reports.
Climate tech wrapped a strong Q3, landing three of the top four equity deals, including the whopping $1 billion Series A raised by fleet charging startup TeraWatt. While the broader market might be cooling, climate tech continues to be a hot ticket, with investment figures for top deals in Q3 outpacing the two previous quarters
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week.
There’s no better way to show you have high conviction in yourself as an investor than being the biggest LP in your $101 million fund, right? Especially if you name your firm Conviction, as Sarah Guo did after leaving Greylock following a decade of investing for the well-known venture group. Last week, she announced that
It’s time for procrastination to stop here. Well, it is if you’ve put off buying your pass to TechCrunch Disrupt. Today is your final opportunity to avoid paying full freight. Nobody likes full freight, just sayin’. You can still save $700 if…and only if…you buy your pass before the deal expires precisely at 11:59 p.m.
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. People leave jobs for all kinds of reasons, but when it’s a CFO departing a richly valued company as the company itself conducts layoffs, the exodus can be a sign of a
Hi, friends! It’s time for another edition of Week in Review, the newsletter where we quickly recap the most read TechCrunch stories from the past seven days. Want it in your inbox every Saturday morning? Sign up here. most read LEGS: The company formerly known as Facebook held its Meta Connect conference this week, where
For cash-strapped SaaS startups trying to reach scale, the math doesn’t look great. A slump in the public markets has dragged the entire sector down, but customer acquisition isn’t getting any cheaper. In the meantime, runways are shrinking like a wool sweater in an electric dryer, and teams that hope to fundraise better have some
There’s no one who knows a company’s inner workings like a chief financial officer. So, when three high-profile CFOs leave their jobs at richly valued, late-stage startups in quick succession, we notice it. This week, OpenSea CFO Brian Roberts left the web3 company less than a year after taking the job. Days later, Brex CFO
“The 2022 venture capital market” is nearly a misnomer, as each quarter that passes seems to bring with it a new normal for startup investment. The pace of quarterly change in how venture investors are disbursing capital is making full-year numbers almost misleading. The change inside of 2022, in other words, may at times mask
Opeyemi Awoyemi, one of Nigeria’s well-known serial founders, is back with another outfit. It’s not a tech company this time — Awoyemi co-founded online jobs site Jobberman (which was acquired by ROAM Africa in 2016) and Whogohost, a bootstrapped hosting platform — but instead, a venture studio: Fast Forward Venture Studio. Awoyemi choosing this route
During a Surface-focused event this morning, Microsoft announced that it’s integrating Apple’s iCloud storage service with the Photos app in Windows 11. After installing the iCloud for Windows app from the Microsoft Store and choosing to sync iCloud, iPhone users with Windows devices will be able to see their iPhone photos and videos within Photos.
Perhaps unsurprisingly, new PitchBook data found that U.S. companies with all female founders are raising less capital this year than the last amid current economic woes. Last year, women raised around 2.4% of all venture capital allocated, a figure that stands at 1.9% through Q3 of this year. That number becomes even lower and even
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hot damn, it’s happening: A bunch of the TechCrunch team are on airplanes, aeroplanes and other spellings of flying vessels to come join us in San Francisco for Disrupt. To say that
A ‘Prevention of Future Deaths’ report following a U.K. coroner’s inquest into the suicide of British schoolgirl, Molly Russell, who killed herself almost five years ago after viewing content on social media websites that promoted self harm, has recommended the government looks at requiring age verification on sign-up to social platforms to ensure the separation
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