Turning one-time customers into repeat buyers takes on heightened importance during a downturn. Acquiring one new user can be a heavy lift, but finding ways to reduce friction during shopping and checkout is a proven method for boosting the lifetime value of existing customers. An important note: One study found that password difficulties cause nearly
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Toyota has joined the growing list of automakers that have recognized the state of California’s authority to set vehicle emissions standards under the U.S. Clean Air Act. The move will make the Japanese automaker eligible for government fleet purchases by California. “Toyota continues to share the vision of greenhouse gas (GHG) reduction and carbon neutrality
His hedge fund investors didn’t want to listen to him when, in 1999, Julian Robertson questioned the sanity of the prices being paid for shares in nascent internet companies. So months after being berated for 15 minutes at an annual shareholders meeting at the Plaza Hotel in New York in October 1999, he began the
You have your work in front of you, a cup of coffee on your desk, some gentle tunes without words playing on the stereo and you’re ready to do some work. Your phone buzzes, and 90 minutes later you look up filled with self-loathing and regret. Your coffee is cold, the cursor on your Word
Adani Group said Tuesday it will buy a majority stake in NDTV, a high-profile Indian news house, in an apparent hostile takeover as the billionaire Gautam Adani expands his media ambitions. AMG Media Networks, Adani’s unit, will indirectly purchase a 29.18% stake in New Delhi Television and launch an open offer to buy another 26%
Lest there be any doubt some startups are riding high even amid the macroeconomic uncertainty, process mining software vendor Celonis today announced that it secured a whopping $1 billion in additional capital at a $13 billion post-money valuation, a mix of equity ($400 million) and debt (a five-year $600 million credit line). Technically an extension
Jonathan Naymark Contributor Jonathan Naymark is the general manager of Codecademy for Business at Codecademy, an online learning platform that offers courses across web development, data science, cybersecurity and more. Launching a B2B product within a B2C company presents distinct challenges as you attempt to strike a balance between successfully establishing a new product and
Twitch is lifting its exclusivity agreement that prevented its partners from streaming on other services, the company said in an email to partners on Tuesday. Starting today, partners can now stream on YouTube, Facebook Live and more, just not while streaming on Twitch at the same time. “When we first developed the Partner Program, we
Meta, formally Facebook, has officially rolled out what it’s calling Meta accounts and Meta Horizon Profiles. The global launch will be gradual, but both “accounts” are to be used in place of the personal social media account logins — Facebook and Instagram — once used to log in to the company’s virtual reality (VR) system.
As developed-world populations increasingly get older, healthcare is being rapidly digitized and “platformized” in order to meet the huge scale of change heading our way. I recently covered how Cera in the U.K. just raised $320 million to shift monitoring of patients into the home rather than over-flowing hospitals. Now another startup aims to create
Apple this morning is rolling out iPadOS 16.1 beta to enrolled developer devices. It’s a break from the standard release cadence, which has tied together the tablet operating system with its smartphone counterpart, iOS, since its first release in 2019. In a comment to TechCrunch, the company notes, “This is an especially big year for
The premiere of the “Game of Thrones“ prequel “House of the Dragon” on Sunday made history for HBO and HBO Max and drew the largest audience for any new HBO original series, with 9.986 million viewers across linear and streaming in the U.S. Warner Bros. Discovery announced the news on Monday, citing that the premiere
Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February
Indian crypto exchange WazirX’s co-founder Nischal Shetty is in advanced stages of talks to raise a maiden funding round for his new venture, sources familiar with the matter told TechCrunch. Shetty is raising $20 million to $30 million in a seed financing round for his blockchain startup Shardeum, sources said, requesting anonymity as the deliberations
Telegram founder Pavel Durov said Monday that he wants to integrate web3 into the messaging app. Durov said on his Telegram channel that he was impressed by the TON project — an independent project not affiliated with Telegram — and how it is used for domain name/wallet auctions. He noted that Telegram can replicate TON’s
More funding for sustainability reporting: Sweden’s Worldfavor, an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas. The Series A was led by SEB Private Equity, which
Dutchie today is announcing a new cannabis point of sale platform, including a dual-screen terminal for dispensaries. Called Dutchie POS, this comes just weeks after the company announced a new payment platform, Dutchie Pay. With Dutchie POS and Dutchie Pay, the cannabis tech company is now offering cannabis operators one of the most comprehensive platforms
Russian search giant Yandex has finalized the sale of its two flagship media properties to local rival VK, owner of the eponymous social network. The deal to sell the products, Yandex’s algorithmically sorted news aggregator (News) and blogging recommender platform (Zen), was inked back in April. But today’s binding agreement goes further than that —
Maju Kuruvilla Contributor Maju Kuruvilla is the CEO of Bolt. Prior to Bolt, Maju was the VP and GM for Amazon’s Global Logistics, managing its business unit spanning business, product, engineering and operations. What is the biggest and most obvious problem facing e-commerce retailers? Checkout. By that, I mean customers who find their way to
Imagine building some of the most sophisticated hardware-driven technologies in the world — spacecraft, drones or autonomous vehicles. Then imagine being unable to easily share your data to different teams, having to use clunky user interfaces and relying on a single person manually inputting data in an Excel spreadsheet to bottom-line your project. “You’d be
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“Build it or else.” That was the gist of U.S. Senator Joe Manchin’s discussions with the automotive industry regarding EV tax credits. Manchin, a Democrat from West Virginia, had grown increasingly concerned about China’s dominance of the lithium-ion battery market, and he told car companies that they needed to move vast swaths of the global
Black Girls Code filed a lawsuit Monday alleging its founder Kimberly Bryant, who was ousted from her role as a board member and chief executive earlier this month, has “hijacked” the nonprofit’s website. The heart of the complaint, which was filed with the U.S District Court for the Northern District of California, is over control
Apple is introducing a handful of new ways to support U.S. National Parks. The company announced today it’s continuing its annual National Park donation initiative that allows Apple customers to send money to the National Park Foundation in several ways. Starting today, August 21 and running through August 28, the company will donate $10 to
For early-stage startups looking to hire new talent, it’s not enough to make one-off decisions about pay as each new employee comes on board. Constructing a coherent philosophy around compensation is crucial for a company to stay consistent in the long term and provide transparency to employees — essentially, coming up with the “why” and
Over the weekend, CNBC reported a set of revenue and profit figures from FTX, a global cryptocurrency exchange that raised a mountain of capital in the last year and is currently expanding its product remit. Its founder, Sam Bankman-Fried, has been a key player in the crypto market in recent months, involved in several deals
This week on the TechCrunch Podcast Anita Ramaswamy is back to talk about Adam Neumann’s latest Andreessen Horowitz-backed startup and Amanda Silberling joins us to talk about teens flocking away from Facebook. And as always, we’ll catch you up on the tech news you may have missed this week. Articles from the episode: Other news from
Fresh produce is an important cornerstone of a healthy diet, and if Click & Grow gets a say, it wants to make that easier by inviting you to grow your own food, right at home. The company today launches the Click & Grow 25, which the company says is designed “to provide a farmers’ market
Ryan Neu Contributor Ryan Neu is the founder and CEO of Vendr, a SaaS purchase platform. Previously, he was a B2B SaaS sales leader at both InVision and HubSpot. Companies are hitting a considerable inflection point when it comes to how they assemble and manage their software tech stack. On one hand, the storm of