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Evidently, the downturn hasn’t soured investors on the travel industry. Travel booking startup Hopper today announced that it closed a $96 million follow-on investment from Capital One, bringing the company’s total raised to close to $730 million. The fresh cash will be put toward several efforts, CEO and co-founder Frederic Lalonde said in a press
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Spinning out of top U.K. universities Cambridge University and UCL, Carbon Re just raised £4.2 million ($4.8 million) in a bid to tackle the gigatonnes of carbon emissions spewing forth from the traditional thorn-in-climate-change-side cement industry. The company says it is building state-of-the-art AI to decarbonize energy-intensive industries. It claims that its “Delta Zero AI”
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The European Commission has put forward proposed rules for short term rental platforms focused on boosting transparency and mandatory data-sharing — in what looks like a ‘softly does it’ approach to addressing concerns attached to the rise of vacation rentals on platforms like Airbnb. While P2P vacation rental platforms remain popular options for European citizens
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When you say portable speakers, most people think about cheap Bluetooth speakers that you can easily put in your backpack when you’re going to the park. But Devialet has something different in mind with the Devialet Mania. The French high-end speaker maker wants to make the most luxurious and best sounding portable speaker around. The
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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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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
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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
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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
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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
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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
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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.
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