Grubhub Founder and Author of ‘Hangry: A Startup Legacy’ Mike Evans joins Emily Chang to discuss his book, his takeaways from the early days of building Grubhub, and his thoughts on the delivery wars. ——– 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
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Some of the best companies only come about because they found a problem worth solving. For Mike Salguero, CEO and co-founder at ButcherBox, the problem and opportunity in the extraordinarily broken space of meat production and distribution simply could not be ignored. Armed with an idea for how to do things differently, the company ran
Apple warned investors and customers on Sunday that it expects to ship fewer iPhone 14 Pro and iPhone 14 Pro Max units as the world’s most valuable tech firm grapples with the ongoing Covid-19 lockdown in China. The company said it continues to see strong demand for the pro models of the new iPhone 14
After Warner Bros. Discovery reported its third-quarter earnings results yesterday, the company told investors and analysts in a call that the forthcoming combined HBO Max/Discovery+ streaming service will now launch in the U.S. earlier than previously announced. CEO David Zaslav said the yet-to-be-named service is now getting a spring 2023 launch instead of in the
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.
Netflix is bringing the “Stranger Things: Puzzle Tales” game to its platform with new gameplay based on the content from Season 4 of the show. Users will be able to play as new characters features in Season 4 in this no-ads game as the company continues its push towards gaming. Users have to solve puzzles
Update: It appears that the launch might’ve been premature. According to a tweet by Esther Crawford, a product lead at Twitter, the new Twitter Blue plan isn’t live yet but some users are seeing notifications as part of a live test. Just days after newly minted Twitter CEO Elon Musk floated changes to Twitter’s system
Bloomberg’s Sonali Basak joins Emily Chang to discuss why the crypto financial services firm Galaxy Digital Holdings is exploring eliminating as much as 20% of its 375-person workforce. ——– 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
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. We’ve been living through a lot of tech history over the past two years, but the brutal Twitter layoffs feel especially sad, complex and exhausting
Hey, all — welcome back to Week in Review, the newsletter where we sum up the most read TechCrunch stories from the past week. And oof, what a week it was. Want this newsletter in your inbox every Saturday? Sign up here. Signed up? Let’s just dive right in. most read Mass layoffs at Twitter:
Want to start a DAO? It’s not that hard. Want to join a DAO? It’s even easier, but there are several steps to get connected. Some of those steps are daunting. That’s why Alex Taub started Upstream, which attempts to make starting and onboarding for a DAO much easier. Tune in to the next TechCrunch
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. As much as I like spotting new trends, it is just as important to get confirmation on previous predictions we made or heard. This
As rumors rumbled that the U.S. Federal Reserve would hike rates once more — and when it followed through earlier this week — another round of layoffs hit the tech sector. Stripe, Opendoor, Chime, Zillow, Cerebral, Brex, and of course Twitter, among others, have already cut or are about to eliminate thousands of jobs. That’s
Dropit, a retail technology platform that bridges the digital divide by unifying merchants’ online and in-store inventories, has raised $25 million in a Series C round of funding. Founded in 2014, London-based Dropit counts retail brands including L’Occitane, Abercrombie & Fitch and Estée Lauder as customers, in addition to shopping malls. At its core, Dropit
Jack Dorsey, who stepped down as Twitter CEO less than one year ago, finally addressed the layoffs that impacted approximately 50% of the company he co-founded in 2006. The workforce reduction, led by Twitter’s new owner Elon Musk, impacted thousands of people – and key teams working on human rights, accessibility, AI ethics and curation.
Education options during and after incarceration have never been particularly extensive, despite the best intentions of educators. Emerge Career is working on changing that, and its early success in putting formerly incarcerated folks to work is attracting investment from both VCs and government programs. It was only August when Emerge first appeared as it came
Many big companies in the fintech world cut jobs in the past month. And yet Stripe’s announcement it would lay off 14% of its workforce still made a splash, proving that unicorns and decacorns are not immune to the challenging economic and fundraising conditions. The Stripe news closely follows Chime confirming this week that 12%
Danish startup Pleo has announced that it plans to lay off around 15% of the company’s workforce. As the company currently has nearly 1,000 employees, it could affect up to 150 people. Pleo develops expense management tools for SMBs around Europe. “I’ll be honest. Pleo today, at the point of almost 1,000 employees and with
YouTube is gearing up to roll out a new feature that will allow select creators to invite a guest to go live with them, the company announced on its Creator Insider channel and in a blog post. At launch, creators will only be able to co-stream via a phone, as the feature won’t be available
Airbnb expects bookings to slow down in the fourth quarter as spending habits shift. The shares fell more than 9% in extended trading. Mandeep Singh of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”
Stability AI, the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. Called OpenBioML, the endeavor’s first projects will focus on machine learning-based approaches to DNA sequencing, protein folding and computational biochemistry. The company’s founders describe OpenBioML as an “open research laboratory”
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. Friday, and all eyes are on the vast number of Twitter employees who were given the boot, unceremoniously, with many of ’em finding out they’d lost their job because they were unable
A lot of problems worth solving aren’t ones that you can solve in a year or two or even 10. For founders and investors alike, such long timelines can seem daunting. But for Gene Berdichevsky, co-founder and CEO of battery tech startup Sila, hard tech problems are also some of the most tantalizing. “It’s always
A recently presented European Union plan to update long-standing product liability rules for the digital age — including addressing rising use of artificial intelligence (AI) and automation — took some instant flak from European consumer organization, BEUC, which framed the update as something of a downgrade by arguing EU consumers will be left less well
Apple’s new and improved Apple TV 4K launches this week, going on sale online and in stores on Friday, November 4. After spending just under a week with the Wi-Fi + Ethernet version, I can say that it’s definitely a nice improvement over the existing version, delivering a couple of clutch forward-looking features that will
In a series of cancellations, HBO has managed to disappoint many viewers as of late. Now, “Westworld” fans will be among them. The network announced today that it is canceling the sci-fi drama after four seasons. The show just aired its season four finale in August. HBO, in a prepared statement, said, “Over the past
We’re encouraged to think of pitch meetings as a trial by fire: If an entrepreneur can negotiate deadly traps and slay the doubt monsters that bedevil tech investors, they’ll be rewarded with a golden SAFE note at the end of their quest. Particularly for first-timers, the pitch has become an existential drama, which can lead
You’d be forgiven for expecting public fintech companies that facilitate consumer trading to be under pressure this week. And yet, after reporting earnings, the share prices of two pandemic-era highfliers gained ground. Coinbase and Robinhood up? In this economy? Yes. Of the out-of-fashion tech sectors, consumer trading has to be among the most out of
While there are differing perspectives on the degree to which no-code and low-code development tools could eventually supplant human software developers, it’s clear that any software that takes care of the technical “heavy lifting” is having a huge impact within businesses — in terms of opening app-building to more personnel, plugging the talent gap and
New computing paradigms are never not going to be weird, but such uncomfortability dramatically intensifies when the human body enters into the picture. There’s a sense in which the smart contact lens feels like something of an inevitability (whether it’s produced by Mojo Vision or someone is another question altogether), but that doesn’t mean each