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Month: November 2022
This post was published (November 21, 2022 @ 08:37:07) and was updated with new information at (November 21, 2022 @ 11:54:08) San Francisco time. Immigram — a talent immigration platform founded by two Russian passport holders — has been removed from a $1 million startup competition that it won last week at the high-profile Slush
If you follow NASA’s many interplanetary and orbital missions, you’re no doubt familiar with Thomas Zurbuchen, the agency’s associate administrator of science. He also oversees NASA’s science program with a total budget approaching $7 billion a year. That’s a mighty big number, but there’s an even bigger reason why we’re thrilled that Dr. Zurbuchen will
In the wake of Elon Musk’s takeover of Twitter, users have been fleeing to other social apps like open-source microblogging platform Mastodon and niche communities like CounterSocial. Now, another social app called Hive is seeing a boost in sign-ups in response to the upheaval at Twitter. The app today finds itself in the top 20
This past weekend, the world’s nations wrapped a meeting where they tried to figure out how to deal with climate change. It was the 27th time they’ve done it in as many years. Think about that. We’ve been at this for nearly three decades, and we’re still burning more fossil fuels than ever before. COP27,
A German law requiring social media platforms to promptly respond to reports of hate speech — and in some cases remove illegal speech within 24 hours of it being brought to their attention — looks like it will provide an early test for whether Elon Musk-owned Twitter will face meaningful legal consequences over how recklessly
Sponsorships are a multibillion-dollar industry. But data on sponsorships, like who’s sponsoring who, can be tough to come by because of the various forms they take — and channels on which those sponsorships take place (think not only websites and social media posts but also physical signage and even sports team jerseys). For both brands
Bloomberg’s Sonali Basak joins Caroline Hyde and Ed Ludlow to discuss how BlockFi is preparing a potential bankruptcy filing after halting withdrawals of customer deposits, according to the Wall Street Journal. ——– 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 funding winter for the startup ecosystem may continue for another 12 to 18 months and the industry might have to grapple with a “lot of turmoil and volatility,” e-commerce giant Flipkart chief executive Kalyan Krishnamurthy has warned executives. “This is going to be tough next year. My estimate is that a lot of startup
French startup Fairmat closed a $35 million Series A funding round (€34 million) last month. It wants to turn carbon fiber composite that is no longer in use into a new material that can be used in new products. Temasek and CNP (Compagnie Nationale à Portefeuille) are leading the round with Pictet Group, Singular, The
The Walt Disney Co. said today that Bob Iger is returning to head the company as Bob Chapek is stepping down from the CEO post. Iger, who officially left the company last year, is set to take the command immediately. The company said that he will serve as the CEO for two years. “We thank
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.
For much of the 20th century, oil dominated foreign policy. Countries spent the better part of the century scrambling to secure supply. Sometimes it happened through negotiations and diplomacy. All too often it resulted in the overthrow of governments or outright invasions. But with fossil fuels on the wane, we’re starting to get a glimpse
Swedish startup Einride was founded in 2016 with a mission to electrify freight transport. Today, that means designing electric trucks and an underlying operating system to help overland shippers make the transition to electric. In the future, it will mean deploying electric autonomous freight — more specifically, Einride’s autonomous pods, which are purpose-built for self-driving
Fans across the globe will be tuning in to the most-watched sporting spectacle — the 2022 FIFA World Cup— set to kick off on Sunday, November 20, with host nation Qatar facing off against Ecuador. FIFA expects 5 billion people worldwide to watch this year’s tournament. If you’re planning on streaming the 2022 World Cup,
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Well, that didn’t take long. In late October, I wrote about how the tide is shifting on tech layoffs, highlighting that 70% of layoffs that
Rapid grocery deliver startups like Getir, Gopuff and Gorillas, once heralded as the next big thing in on-demand ordering, are running up against logistical challenges that might very well be insurmountable. Even faced with competition and sky-high operating costs, though, they’re taking what steps they can to stick around. Case in point, Gopuff today launched
Hello again! Time for another edition of Week in Review, the newsletter where we recap the week’s most read TechCrunch stories in one quick and easy-to-skim blast. Get it in your inbox every Saturday AM by signing up here. (There won’t be a newsletter next Saturday because I’ll be off being thankful/eating leftovers/being thankful for
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. For SaaS companies, net dollar retention is on investor radar more than ever. But it shouldn’t eclipse gross dollar retention: If you are not
While the Sequoias and the Andreessen Horowitzes of the world continue to swell in size, their influence on venture capital may be heading in the opposite direction as micro funds increase their impact on the industry. Whether you define micro funds as below $50 million or sub-$25 million, these are truly the funds that power
Bloomberg Technology host Emily Chang steps down from the daily show after 12 news-filled years. This highlights some of her best interviews over the years. ——– 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
Just days after a bill that would codify same-sex marriage in the U.S. cleared a key hurdle in the Senate, Daylight, a digital bank that pitches itself as LGBTQIA+-friendly, announced a $15 million Series A round led by Anthemis Group with participation from CMFG Ventures, Kapor Capital, Citi Ventures and Gaingels. Daylight co-founder and CEO
Peyton Carr Contributor Peyton Carr is a financial adviser to founders, entrepreneurs and their families, helping them with planning and investing. He is a managing director of Keystone Global Partners. More posts by this contributor How much tax will you owe when you sell your company? With a Section 1045 rollover, founders can salvage QSBS
Despite legacy venture capital firms continuing to raise bigger and bigger funds, LPs may have more luck focusing on the small stuff. Amit Kurz, a general partner at Israel-based fund of funds Sweetwood Ventures, thinks so. He told TechCrunch that last year he started to notice more and more tiny funds he wasn’t familiar with
Fake news, and the identification and eradication of it, has long been thought of as the purview of social media platforms, where a lot of that tends to be shared. Today, one of the more ambitious tech startups in the field of fighting fake news is getting acquired — not by a social media platform,
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Alex and Natasha discussed the latest and greatest of this consuming news cycle. Our goal with the episode, as always, is to go beyond what you may see in a 140-character-take
When the downturn began, many VCs urged founders to slash their marketing spending. On its face, that’s an effective way to extend runway while cutting costs. Several months later, we’ve since learned that cutting marketing budgets doesn’t make early-stage startups healthier, but it is a great way for VCs to reduce burn rates across their
Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on
Ticketmaster is facing more scrutiny from politicians after its chaotic presales for tickets to Taylor Swift’s tour. Tennessee attorney general Jonathan Skrmetti said he is looking into whether Ticketmaster violated consumers’ rights and antitrust regulations. Skrmetti is the latest politician who has called attention to Ticketmaster and Live Nation’s hold on the ticketing market. This
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