Crypto exchange Kraken today announced it’s letting go of 1,100 staffers. The announcement came from a company blog post and follows similar news from DoorDash that it was also cutting staff. News that Kraken is cutting staff — and therefore costs — is not a surprise, given a generally gloomy macroeconomic climate and even worse climes
Month: November 2022
Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: My co-founder’s a green
It’s the middle of the holiday season here in the U.S., that magical time between Thanksgiving and Christmas when stores are packed with bodies and porches are piled with packages. All those packages produce a lot of waste — anywhere from 33 million tons to 51 million tons annually, depending on the estimate. A majority
Litigation against Google and its parent entity Alphabet being brought in the U.K. on behalf of thousands of digital publishers — seeking up to £13.6 billion (~$16.3 billion) in damages on their behalf for alleged anti-competitive behavior related to Google’s adtech practices — has been filed with the Competition Appeal Tribunal (CAT). “The claim alleges
The Kindle turned 15 this month. It’s been a strange ride for Amazon’s first hardware device. CEO Andy Jassy gave the e-reader a rare bit of love in last year’s shareholder letter, noting: Our first foray into devices was the Kindle, released in 2007. It was not the most sophisticated industrial design (it was creamy
Spotify Wrapped 2022 has officially arrived. Though other music services, including Apple Music and YouTube Music, now put together their own year-end retrospectives, Spotify’s personalized and interactive Wrapped experience for its users, creators and podcasters remains the one to beat. The secret to its ongoing success is how it goes beyond simply offering a summary
Plenty of companies that launched during downturns went on to be phenomenally successful. During the Great Depression, Stanford grads David Packard and William Hewlett famously set up shop in a Palo Alto garage. Microsoft was founded as the U.S. was recovering from a years-long oil embargo that hobbled the economy. Slack, Airbnb, Uber and Square
Prismforce, an India-U.S. startup that provides IT and tech services companies with tools to build better talent supply chain, has raised $13.6 million in a Series A round led by Sequoia Capital India. IT providers spend a large part of their variable costs on hiring skilled employees. But finding those employees from the ever-growing talent
Over the past 11 years, eFounders has refined the startup studio model in Europe. The company has contributed to the launch of more than 30 different startups, including three unicorns — Spendesk, Aircall and Front. While things seem to be doing well for the startup studio, eFounders is pivoting — sort of. As of today, eFounders
Disney paid $900 million to Major League Baseball (MLB) earlier this month to buy out the league’s remaining 15% stake in the streaming firm BAMTech, according to an SEC filing made public Tuesday. The transaction makes Disney a 100% owner of the streaming company that powers Disney+ and the firm’s other consumer services. The SEC
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. Oh hey! While we have you here, grab your calendar — we’ve got some things for you to add. For the stargazers among us, we’ll be in Los Angeles doing TC Sessions:
ICON, a construction tech company that’s raised more than $400 million in funding, has landed a new contract from NASA to develop new systems to build on the moon and Mars. The $57.2 million contract is a continuation of a previous Small Business Innovation Research (SBIR) dual-use contract with the U.S. Air Force, which was
Lyst, the U.K. fashion e-commerce site that last year raised funding at a $700 million valuation, is the latest tech startup to rein in spending by cutting staff. TechCrunch has learned that the company is in the process of laying off 25% of its employees, working out to about 50 people, as part of a
This time two years ago, I changed up my annual gift guide feature’s focus from travel to working from home. After all, very few of us were doing much traveling at the time. I planned to switch back as the world reopened; it’s clear now, however, that for many of us, there is no going
One month after Nintendo debuted its first trailer for “The Super Mario Bros. Movie,” the company has revealed yet another trailer — this time giving fans a first look at Princess Peach and Donkey Kong. In the newest trailer, viewers get to see more of Illumination’s incredible animating skills with Donkey Kong, voiced by Seth
When Covid shut down much of the world down in 2020, it ended up wreaking havoc on the supply chain. Suddenly companies built for just-in-time production couldn’t find parts they needed to build their products. Even as Covid subsided, the supply chain woes continued. Veterans of supply management like the founder of startup Amplio watched,
TechCrunch Early Stage — our premier event designed for budding entrepreneurs and founders at the very start of their startup journey — returns by popular demand on April 20, 2023. And we’re excited to announce that this year, we’re taking it on the road to Boston, Massachusetts. We’re mixing the East Coast vibe with unparalleled
I rented a Tesla during the holiday crush. AMA Tim De Chant 9 hours When I went to book a rental car for Thanksgiving a few months ago, all that Hertz had left at O’Hare International Airport were Teslas. Usually, I end up with something like a Nissan Altima — not an amazing car, but
Dropbox has announced plans to bring end-to-end encryption to its business users, and it’s doing so through acquiring “key assets” from Germany-based cloud security company Boxcryptor. Terms of the deal were not disclosed. Dropbox is well-known for its cloud-based file back-up and sharing services, and while it does offer encryption for files moving between its
Abby started its journey selling 120 or so of its “All-In-One Smart Hydroponic Grow Box” on Kickstarter, with a relatively modest $100,000 raised on the crowdfunding platform. The device promises to help you make growing your favorite plants more or less foolproof, especially if your “favorite plants” are marijuana. In its marketing, the company is
The 2022 perspective that startups should cut their losses and chart a clearer path to profitability does not only apply to upstart tech companies. After a multiyear spending binge, larger technology companies are also pulling back on costs. For some major tech concerns, the cuts have come in the form of explicit layoffs and staffing
On November 22, alternative financing startup Pipe announced that its three co-founders were stepping down from their executive roles and that a search for a new, “veteran” CEO had commenced. In an exclusive interview, co-founder and former co-CEO Harry Hurst told TechCrunch that the trio were “0-1 builders, not at-scale operators.” He said the company’s
Most large restaurant chains across Africa have grown accustomed to using legacy systems and point-of-sale providers to manage operations. However, for smaller restaurants — which represent the biggest segment of this $50 billion industry — these systems can be rather expensive and do not adequately cater to their needs; thus, they stick with running operations
You wouldn’t drive a car or fly a plane if the only controls you had available were on/off switches for left and right or up and down, and yet that’s pretty much what gamers are stuck with when they control their virtual avatars with their keyboards. U.K. startup Peratech wants to change that with a
If your favorite music festival’s lineup didn’t live up to your expectations this year, don’t worry; a new app called Instafest will create a music festival poster for you based on your Spotify listening habits. The free web app, created by developer Anshay Saboo, is pretty straightforward to use: sign in with your Spotify account,
If it seems like Post News launched overnight, that’s because it kind of did. Unlike Mastodon, Hive Social, or other existing social networks being flooded with dissatisfied Twitter users, Post News emerged two weeks ago. The platform was rushed into a live beta, since its team wanted to go public in a time when the
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. We’re joining the Cyber Monday fun with 25% off annual subscriptions to TechCrunch+ content and analysis starting today until Wednesday, November 30. Plus, today only, get 50% off tickets to discover the
Right on time for its annual post-Thanksgiving re:Invent festivities in Las Vegas, AWS last night announced its “AWS Digital Sovereignty Pledge” — and before you click away, let me just point out that this is definitely more important than the prosaic name implies. As nations across the globe introduce legislation that governs how and where
In September, Apple launched the Apple Watch Ultra, which is not only waterproof to 100 meters (330 feet) in depth, but can also be used as a dive computer with the help of a companion app developed by Huish Outdoors. The app launched officially today, but we took a pre-release version of it into the
It isn’t like Instagram is a beacon of truth as it is, but things are about to get a lot worse, as Nufa takes any image and sculpts you into the “after” picture dream that every gym owner wants to project into our souls as they continue on their mission to make us all look
- 1
- 2
- 3
- …
- 12
- Next Page »