Cruise is making good on its promise to launch an autonomous driving service in Dubai. Just a few weeks after the General Motors-backed AV company officially launched its commercial driverless operations in San Francisco, Cruise has sent two of its autonomous Chevrolet Bolt electric vehicles to Dubai to begin mapping the city in preparation for
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Omni wants to be the human resources platform to rule them all—or at least all HR-related tasks. The software enables HR teams to digitize employee records, automate administrative tasks like employee onboarding and time-off management, and integrate employee data from different systems. Based in Singapore, it is currently active there and in Indonesia, and plans
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
When I spoke to Roblox in 2020, the company was in the midst of rebuilding its entire underlying infrastructure. It had been running into issues with downtime due to insufficient resources to meet demand and needed to build a modern, cloud-native system to handle its growing user base. But beyond the nuts and bolts of
As venture funding continues to slow, founders are scrambling to extend their runways, regardless of how much cash they already have in the bank. But the startups that need the cash infusions the most are running into the most trouble. Last week, I wrote about the current state of bridge financing after multiple pre-seed investors started getting
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. When I visited London recently, I found it hard to spend even one pound in cash: Cashless transactions were more than encouraged — they
Here’s a look at just some of the ways early-stage founders can learn to build, grow and fund their startups at TechCrunch Disrupt on October 18–20 in San Francisco. Word to the budget-wise: don’t miss out on early-bird savings. Buy your early bird pass before prices go up on July 31 at 11:59 p.m. PT and
Hey, friends! It’s that time again. Another week has passed us by, which means another issue of Week in Review — the newsletter where we recap the top stories to hit TechCrunch’s front page in the past seven days. Sign up here! The top story this week was about a new set of documents detailing
Welcome back to Chain Reaction. Last week, we looked at a crossover episode for meme investing. This week, we’re talking about Musk dumping tokens while holding onto others. You can get this newsletter in your inbox every week by subscribing on TechCrunch’s newsletter page. Dumping favor A weekly dispatch from the desk of TechCrunch crypto
The fintech funding boom of the past several years saw huge amounts of capital flowing into so-called neobanks, digital financial companies offering banking services to markets general and niche. The overarching idea behind the push made sense — many traditional banks are IRL-first and digital second, and their brick-and-mortar way of doing things engendered costs that
E-commerce across Latin America exploded in the past two years, but against an infrastructure that wasn’t prepared for all of that activity. During this time, startups have taken up the challenge to bolster the infrastructure needed for packages to get to their end destination quickly and cheaper. That goal has created somewhat of a competitive
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. We love a counternarrative angle these days, and this week’s choice is a look into why lower valuations may actually be a good thing for startups these days. In the past few
After it was rumored to be in play earlier this month, it shouldn’t come as a huge surprise that One Medical has found a new home. After a torrid public offering, the value of the American consumer healthcare and technology company had fallen below its IPO price, and it was an obvious target for the
Framework has been expanding its footprint in the laptop scene over the last few years, and we felt it was time to give one of their modular laptops a look. This latest generation is good enough that I felt it could be my daily driver, the port swap system is simple enough for a child
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Ride-hail startup Alto thinks the current gig worker-based market is inherently broken. Drivers’ salaries are squeezed by the costs of owning and maintaining a vehicle; riders aren’t guaranteed a high-quality service; cities have had to deal with angry taxi drivers; and the app-based companies themselves that have undercharged users to expand into new markets are
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann got together with Grace once again this week for our weekly roundup show, and as often happens, news broke as we were gearing up to record. So we had to
Yesterday was a big day for the crypto industry. A former Coinbase product manager was arrested alongside his brother and a friend, and charged with running a cryptocurrency insider trading scheme by the U.S. Department of Justice (DOJ). At the same time, the U.S. Securities and Exchange Commission (SEC) filed a separate document on the
Disney+ strays farther from its family-friendly image with the addition of “Deadpool,” “Deadpool 2” and “Logan” arriving to the streaming service today, July 22. Alongside Disney’s announcement yesterday, the company invited users to revisit their parental control settings due to the sexual and violent nature of these films. While the films have previously been available
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. Fri-yay! Grab your calendar and mark November 17, 2022, on it, and then snag yourself an airline ticket to Miami, Florida. That’s right, TC Sessions continues, with a Crypto special event. It’s
Once seemingly unstoppable, Big Tech is now in reset mode. We’re not talking about Snap’s earnings sending its stock plunging, or Twitter’s lackluster earnings report from earlier this morning. No, we’re talking about Big Tech. The world’s largest tech companies are pulling back in a way that could, perhaps, clear some brush for startups still making
Disney+ made its debut at San Diego Comic-Con 2022 (SDCC) and gave Marvel fans a whole bunch of shows to look forward to. This marked Marvel Studios’ first appearance at the event in three years, and boy did they deliver. Marvel Studios officially revealed the first looks for all the new original animated series coming
Popular video calling and messaging app JusTalk claims to be both secure and encrypted. But a security lapse has proven the app to be neither secure nor encrypted after a huge cache of users’ unencrypted private messages was found online. The messaging app is widely used across Asia and has a booming international audience with
World Fund, a newcomer in climate-VC land, is taking the lead in a $128 million round for IQM, with hopes the Finnish quantum computing company will one day deliver carbon cuts by the megatonne. Quantum computing trades the bits of conventional computers for quantum bits, and in theory, quantum machines may be better suited for
If you were one of the nearly 77 million people affected by last year’s T-Mobile breach, you may have a few bucks coming your way. The company has just announced the terms of a settlement in a consolidated class action lawsuit, and it isn’t cheap: $350 million to be split up by customers (and lawyers),
I won’t use this space to dissuade anyone from launching a startup, but founders should embrace the fact that investors are looking for reasons not to give you money these days. Perhaps you don’t have much revenue. Or maybe, too much of your cash flow depends on a single customer. Oh, and when are you
Evan Kipperman Contributor Evan Kipperman is a partner in the emerging companies and venture capital practice at Wiggin and Dana. He helps growth-stage companies, VC firms, family offices and high-net-worth individuals achieve their business goals. Paul Hughes Contributor Paul Hughes is a partner in the emerging companies and venture capital practice at Wiggin and Dana.
A year ago, Instacart co-founder Apoorva Mehta left his role as chief executive of the grocery delivery unicorn and took on an executive chairman position. Now, as the company he started nearly a decade ago prepares to IPO, Mehta says that he will be stepping down as Executive Chairman and transitioning off the board of
Luisa Rubio Arribas Contributor Luisa Rubio Arribas is the head of Wayra X, Telefónica’s digital innovation hub offering funding, connections and expertise to mass-market-ready B2C startups. As venture capital flows continue to fluctuate, founders have to double down on the terms they agree on. While it can be tempting to overlook certain terms for the
Mike Novogratz, founder of Galaxy Digital Holdings Ltd., says Bitcoin will eventually reach $500,000. He speaks to Bloomberg’s Sonali Basak at the Bloomberg Crypto Summit.