News reports surfaced over the past 24 hours that the $40 billion Nvidia-Arm deal, which ranks among the most expensive tech deals ever, is in peril. Nvidia is reportedly ready to walk away due to regulatory pressure. The question is, what does it mean for tech M&A if this deal falls apart? Let’s not forget
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Companies make acquisitions for a host of reasons. Sometimes it’s about filling a hole in a product road map, or expanding market share, or finding good people. Finding the right company to acquire takes special talent. But once the deal is through, it takes skill and a deft hand to integrate the acquired company smoothly
When the company first revealed that it’s considering adding a trusted friends feature, it also presented another concept that would allow you to take on different personas within the same account. It’s unclear if that version of the feature is no longer in development. Twitter is also testing a feature called Communities that gives you
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for January 25, 2022! Today our cup overflows with news. There’s simply too much going on to cover in a single newsletter, so I’ve tried to
Bulgarian venture capital is experiencing something of a renaissance. Last year LAUNCHub Ventures raised a €70 million find aimed at South Eastern Europe, while Vitosha Venture Partners raised a €26 million ($30 million) fund for startup out of Bulgaria. Now Eleven Ventures, another Bulgarian VC focused on pre-seed and seed investing in South-Eastern Europe (SEE)
IRobot announced Terra three years ago this week. After making some tough internal decisions to delay launch back in 2020, the robot mower is still MIA. For those with a lot of grass and far less time, there are still a number of robotic mowers out there, on both the commercial and consumer side of
Amid this long-lasting startup era, 2021 may go down as the peak venture capital year. When The Exchange looked at global data for venture capital activity in 2021, we used words like “bonkers” and “record-setting.” Those might have been a little modest when we compare just how much the venture asset class has grown from
In a letter published today by YouTube CEO Susan Wojcicki, the executive suggests the video-sharing platform may embrace Web3 technologies, including NFTs — or non-fungible tokens, a way to certify digital assets stored on the blockchain — as a means of helping YouTube creators make money. While no concrete plans were shared, nor any sense
Kencko, the plant-based, blender-free smoothie company, raised $10 million in Series A funding to expand into new categories. Existing investor Siddhi Capital led the round and was joined by both current and new investors, including Next View Ventures, Riverside Ventures, Silas Capital, Cheyenne Ventures, Shilling Capital, Indico Capital, Mission Point, Gather Ventures and Nextblue Ventures.
Scratchpad, a startup that is building a tool to make it easier for salespeople to enter data into Salesforce, has expanded that mission to give access to the information it’s collecting to the whole revenue team. Apparently, investors were pleased with that expanded approach, and the company announced a $33 million Series B today. Previous
Sylvera, a UK-based startup which uses machine learning technology to analyze a variety of visual data like satellite imagery and Lidar with the goal of boosting accountability and credibility around carbon offsetting projects, has fast followed a $5.8 million seed round in May last year by closing a $32M Series A. The round was co-led
Peloton ended 2020 on top. Its own supply chain issues had presented a hurdle — but if anything, these were side effects of the company’s own stratospheric successes. It simply couldn’t keep up with demand, one of the better problems to have as a business on the rise. Always leave them wanting more, as P.T.
Mental health app Intellect’s founder and CEO Theodoric Chew Intellect, the Singapore-based mental health startup focused primarily on Asia-Pacific markets, announced today it has raised a $10 million Series A. The company’s services, including self-directed mental wellness programs in 15 languages and online therapy sessions, are available through two channels: as an employee benefit and
Meet Zoi, a new French startup that wants to combine routine medical checkups with preventive care through a mobile app. The startup has been co-founded by Ismaël Emelien, former special advisor to Emmanuel Macron during the early days of its presidency, and Paul Dupuy, who previously worked on Workwell. Before I tell you more about
IBM reported revenue for Q3 2021 — and the news wasn’t just “good.” For a company that has seen negative or low revenue growth for almost a decade, it was great. Big Blue reported $16.7 billion in revenue for the quarter, up 6.5% year over year (8.6% on a constant-currency basis; the strengthening dollar is
Starship Technologies, one of the bigger names in the world of autonomous delivery robots — those little caboose-like, boxy delivery vehicles that self-drive around cities — has been on a roll during Covid-19, providing extra (unmanned) horsepower to distribute food and other goods between stores or restaurants and consumers, at a time when consumers were
There’s a global competition to build the biggest, most powerful computers on the planet, and Meta (AKA Facebook) is about to jump into the melee with the “AI Research SuperCluster,” or RSC. Once fully operational it may well sit in the top ten fastest supercomputers in the world, which it will use for the massive
Harry Yeh, founder and managing partner at Quantum Fintech Group, says we could be entering a supercycle for cryptocurrencies. He’s on “Bloomberg Markets.”
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for January 24, 2022! Today is a kinda tough day for, well, everyone. The value of assets new and old dropped around the world, and everyone
Jeremy Abelson Contributor Jeremy Abelson is the founder and lead portfolio manager of Irving Investors. Combining his experience as an operator and institutional investor, Abelson runs Irving as a multi-strategy platform making long-term durable investments in both the public and private markets. More posts by this contributor IPO Slowdown: A Look At Company Profitability Down
HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. Technology Crossover Ventures (TCV) — an investor known for backing firms such as Netflix, Meta, Spotify and Airbnb — led
As we have started to see the light at the end of the Covid-19 tunnel, food delivery has shaped up to continue to be a major business. In England, for example, some 76% of people order at least one takeaway a week, whereas it was 60% pre-pandemic. Now, a startup called Deliverect that has built a
NASA’s Spinoff magazine is one of the things I look forward to reading every year. The space agency’s research trickles down to the rest of the world in surprising and interesting ways, which it tracks and collects in this annual publication. This year is no different, and NASA tech can be found in everything from
A newly launched recipe app called Pestle aims to do more than provide a place to save and organize your favorite recipes. The app, from indie developer Will Bishop, also helps you plan meals, create shopping lists, keep up with new recipes from creators, and even cook hands-free or with friends and family remotely over
German startup Gorillas has announced that it plans to acquire Frichti, a French startup that delivers both ready-to-eat meals and groceries. The acquisition hasn’t closed just yet but both companies have entered exclusive discussions. “We don’t share details about the deal itself, especially as it isn’t completely signed,” Frichti co-founder and co-CEO Julia Bijaoui told
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. If you own stuff, I am sorry to report that you are probably poorer today than you were on Friday, and even less wealthy than you were the Friday before. Things are selling
Two years into the pandemic, online conversations are for many of us still the primary interactions that we are having every day, and we are collectively having billions of them. But as many of us have discovered, not all of those are squeaky clean, positive experiences. Today, a startup called Spectrum Labs — which provides
Insurance broker and carrier marketplace Sayata took in $35 million in additional funds toward its Series A after raising $17 million in funds last August. Pitango Growth and Hanaco Ventures co-led the extension, with participation from previous investors Team8 Capital, Vertex Ventures, Elron Ventures and OurCrowd. The new funding follows over 10 times revenue growth
The Netherlands’ competition authority has fined Apple €5 million (~$5.6M) for failing to comply with conditions in an order requiring it to allow local dating apps to make user of third party payment technology in their apps. The tech giant could be on the hook for another €5M fine next week if it doesn’t meet
Barnabas Birmacher Contributor Barnabas Birmacher is the CEO of Bitrise. Breaking into Japan is often one of the biggest challenges a growing tech company will encounter. The country is home to some of the world’s most advanced software and hardware leaders. For the startups that cater to these companies, “cracking Japan” is inevitably part of