Companies collectively spent $61 billion on cloud infrastructure in Q4 2022, and there’s more growth to come. Yet, businesses are poorly protected from losses caused by cloud downtime. “Cloud service providers typically offer service level agreements (SLAs) that outline their commitments to service availability and performance,” AV8 general partner Amir Kabir told TechCrunch+. But while
Month: April 2023
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. Hey, TechCrunchers, happy Friday. I hope this is your favorite time of day because Haje and I really enjoy bringing you the news of the day written by the fabulous people we
Founders Pledge is a London-based charitable initiative, where entrepreneurs enter a legally binding commitment to donate a portion of their personal proceeds on liquidity to charity when they exit. Launched all the way back in 2015 the initiative was designed to help social entrepreneurs build and scale their efforts. The minimum commitment for entrepreneurs is
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 we recorded at Early Stage, TechCrunch’s event for founders who are building startups from the ground up. Sadly, our dear friend Natasha Mascarenhas took ill, and we had to lean on
If someone said “startup” while we were playing a word association game, I’d respond with “fundraising.” (I bet you would, too.) Asking people for money is a key aspect of every founder’s journey, but Techstars Managing Director Collin Wallace says it can also “accelerate your demise.” For example, raising a round to rev up engineering,
EU lawmakers in the European parliament are closing in on how to tackle generative AI as they work to fix their negotiating position so that the next stage of legislative talks can kick off in the coming months. The hope then is that a final consensus on the bloc’s draft law for regulating AI can
As Twitter’s legacy blue check mark system finally comes to an end, the social network’s new paid-for verification system is causing more than a little chaos, with CEO Elon Musk himself stepping in to pay for some celebrities’ verification when they refuse to do so. However, another little nugget to emerge from the carnage today
Apple Inc. executives previewed its upcoming mixed-reality headset to the company’s board last week, indicating that development of the device has reached an advanced stage, according to people with knowledge of the matter. Bloomberg’s Ed Ludlow reports.
HUSSLUP, currently an invite-only beta, is a job search and networking app for creative professionals in the media and entertainment industry to connect with studios and production companies looking to hire talent. Today, the company announced a web version of its mobile app. It will roll out widely next week. Much like LinkedIn, HUSSLUP allows
Betterdata, a Singapore-based startup that uses programmable synthetic data to keep real data secure, announced today it has raised $1.55 million. The seed round, which it says was oversubscribed, was led by Investible with participation from Franklin Templeton, Xcel Next, Singapore University of Technology and Design, Bon Auxilium, Tenity, Plug and Play and Entrepreneur First.
Largely because of their age, houses in Europe can be notoriously hard to heat. Most were built for an era when the knowledge about energy consumption just wasn’t available in the way it is today. With energy becoming more expensive, and energy security ratcheting-up as a geopolitical issue, tech startups looking at this problem have
A few months after Warner Bros. Discovery (WBD) sued Paramount over the streaming rights for “South Park,” Paramount is now striking back. On Wednesday, April 19, Paramount countered sued WBD, alleging that the company is withholding two required payments of $26 million each, bringing the total unpaid fees to $52 million. “South Park Studios has
Every so often, a new startup crosses your radar and reminds you how exciting hardware can be. It’s a relative rarity in consumer electronics, a category dominated by corporations like Samsung, Apple and Sony, which are (perhaps understandably) somewhat risk averse. Melbourne-based Nura was one such company. I distinctly remember the startup paying a visit
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. Hello, and Happy Thursday. Just one more day to go for the workweek. Haje is in Boston taking fabulous photos of the activities going on at TechCrunch Early Stage today, so I’m
A newish leadership team is taking over at Arcimoto, a Eugene, Oregon–based startup that makes doorless, three-wheeled electric vehicles. On Thursday, the company said that board member Chris Dawson will step in as CEO, replacing interim CEO Jesse Fittipaldi. Arcimoto added that Fittipaldi will stick around as president and report to Dawson going forward. Two
Proton, the Geneva, Switzerland-based company behind the end-to-end encrypted email service Proton Mail, as well as Proton VPN, Proton Drive and Proton Calendar, is announcing a brand new product today. And it’s a password manager called Proton Pass. Like other Proton products, the company is insisting on the privacy and security features of this new
Disney+ has announced that six Spider-Man films and the 2018 film “Venom” will be launching on the streaming service in the United States. Tobey Maguire’s trilogy of “Spider-Man,” “Spider-Man 2” and “Spider-Man 3” and Andrew Garfield’s “The Amazing Spider-Man” will arrive on the platform tomorrow, while Tom Holland’s “Spider-Man: Homecoming” and Tom Hardy’s “Venom” will
Our Call for Content period ends tomorrow, April 21, so if you’re a startup expert — of any stripe — and want a shot at leading a session at TechCrunch Disrupt on September 19–21, you need to apply right here and right now! Beat the deadline and apply to speak at TechCrunch Disrupt 2023 Your
Honeycomb raised $50 million to make the new landscape of platforms and services more observable. Its long-term goal is to make life easier for people operating large software platforms. “What we saw in 2015 and 2016 is the world moving in a direction where that complexity was unavoidable, whether in a heightened interest in being
The Arctic is melting, while hurricanes, blizzards and heat waves leave millions of people and animals in disarray. Lisa Lambert, the head of National Grid’s CVC National Grid Partners, told TechCrunch+ that environmental and social concerns should be top of mind right now for any smart investor. “Not because it’s the right thing to do,
Microsoft has kickstarted settlement discussions with European not-for-profit trade association Cloud Infrastructure Services Providers in Europe (CISPE), some six months after CISPE filed an antitrust complaint alleging that Microsoft was using its dominance in business software to tether customers to its Azure cloud platform. The news comes less than a month after news emerged that Microsoft
Google Fi, the cell phone carrier operated by Google, is getting a series of new updates and rebranding to Google Fi Wireless. The rebrand adds a bit of clarity about what exactly the service offers to its customers. As for the new updates, Google Fi Wireless is adding cellular connectivity for the Pixel Watch or
Aicha Evans, Zoox CEO, speaks with Emily Chang about her vision to transform transportation with a fleet of robotaxis, why she left Intel to take the top job at Zoox, and how she’s tackling this next endeavor for autonomous vehicles.
Interested in tech, Zheng Wei left his career as a chartered accountant to teach himself how to code. But it was his experience as an accountant that led to his interest in the blockchain and how it can be used to verify documents. “What intrigued me was the capability of the technology to allow for
In recent years, calling oneself a startup founder was certainly seen as a flex. For those who wielded that role or the coveted CEO position, you were likely to be placed on a pedestal or be viewed as a visionary, aided by a venture capital market that experienced an overextended bull run in the background.
French startup Kate has raised a $7.6 million (€7 million) funding round from a bunch of business angels. As I wrote in my previous article on Kate, the company has ambitious goals when it comes to everyday mobility. It plans to use the funding to develop an alternative to regular cars (electric or not) by
Paramount+ has ordered a “Star Trek: Section 31” original movie event with Michelle Yeoh reprising her role as Emperor Philippa Georgiou, according to a blog post on the “Star Trek” official website. This will be the first Star Trek movie based on a character from the 2017 series “Star Trek: Discovery.” A release date has
For many, ChatGPT and the generative AI hype train signals the arrival of artificial intelligence into the mainstream. But while there’s little question of a seismic sea change these past six months in terms of public awareness, the growing demand for AI could be outpacing the infrastructure required to power the myriad use cases that
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. Helloooooooooo, midweek Crunchers! Today, we are pretty excited about life in general. Also, is your company still in stealth? Apply to Startup Battlefield 200 anyway — and announce your public debut at
Congruent Ventures new fund bucks the trend of venture pullback, suggesting continued confidence in climate tech Tim De Chant 8 hours Climate tech may have started the year with a down quarter, but don’t count it out just yet. Amid a backdrop of depressing figures from much of the venture capital sector, climate tech deals
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