Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with a record 204 billion downloads in 2019 and $120 billion in consumer spending in 2019, according to App Annie’s “State
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Airbnb has ended its contracts with contingent workers early and postponed summer internships, Protocol reports. Contractors at Airbnb serve as property inspectors, home consultants and more. Contractors will reportedly receive no less than two weeks’ pay after receiving notice from their temp agencies. Airbnb will also reportedly delay hiring undergraduate students until next year. TechCrunch
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday news broke that Robinhood is on the hunt for new capital at a roughly flat valuation, per friend of the blog Katie Roof. If you are a bit confused by the news, I understand.
Home fitness and games as gathering places are a few of the startup verticals propelled by unprecedented shifts in behavior due to shelter-in-place orders. We surveyed the top investors in consumer and social apps to learn about 2020’s startup trends, the M&A climate, the threat of incumbents copying new entrants, underserved demographics and which features
Early-stage companies often have trouble dealing with the amount of data that can run through the organization, especially as it grows. Large sums are spent on data software, dislocated data, dealing with data pipelines. All of which involve data warehousing, cleaning tools and a visualization platform. Count is a startup that is an attempt to
The European Commission has set out a plan for co-ordinating the lifting of regional coronavirus restrictions that includes a role for digital tools — in what the EU executive couches as “a robust system of reporting and contact tracing”. However it has reiterated that such tools must “fully respect data privacy”. Last week the Commission
Bradley Tusk has carved a unique path in the VC investment landscape: A longtime political and communications operative, he has built a track record for Tusk Ventures by going after highly regulated industries, rather than shying away from them. Whether it is ride-hailing, sports betting, cannabis or myriad other regulated sectors, Tusk takes the approach
Before the COVID-19 pandemic shook up the world and reshaped the economy, Boston was quietly setting records. According to new venture data compiled by TechCrunch, the region set what was at least a local maximum in venture capital raised in the space of a single quarter in Q1 2020. But while Boston’s startup market announced
Facebook this morning announced its latest step in effort to combat the spread of misinformation around the on-going COVID-19 pandemic. Chief among them is a new message targeting users who have commented on, reacted to or liked false content about the virus. The social network will pop up a message from the World Health Organization
Another startup has turned to downsizing and fund raising to help weather the uncertainty around the economy amid the global coronavirus health pandemic. People.ai, a predictive sales startup backed by Andreessen Horowitz, Iconic, Lightspeed and other investors and last year valued at around $500 million, has laid off around 30 people, working out to about
If you have ever attended (or tuned into) one of Monzo’s many community events, you are likely familiar with the work of Simon Balmain. An early employee of the challenger bank, he has played a long term role in helping to build Monzo’s customer support and community efforts and was often seen emceeing events. Now
The Mendel Air Sensor app is the first app I open every morning. Before Reddit, before Gmail, before NYT. I roll over, grab my phone and check my plants. I don’t know if there’s a higher honor I can bestow on an app. The Mendel Air Sensor is a game-changer for indoor growers. It offers
Would you pay with a “Google Card?” TechCrunch has obtained imagery that shows Google is developing its own physical and virtual debit cards. The Google card and associated checking account will allow users to buy things with a card, mobile phone or online. It connects to a Google app with new features that let users
Does working from home have to mean sitting in a chatroom all day or always being available for a video call? Real-time chat and video platforms are great for building camaraderie and maintaining a sense of connection with remote teams, but when you need to focus for a few hours, it can be tough to
Stripe raises new funding, Uber acknowledges financial uncertainty and a controversial facial recognition startup accidentally exposes its source code. Here’s your Daily Crunch for April 17, 2020. 1. Stripe raises $600M at $36B valuation in Series G extension, says it has $2B on its balance sheet The economy may be contracting as a result of
A new flurry of tweets from President Trump is pushing the limits of social platform policies designed explicitly to keep users safe from the spread of the novel coronavirus, both online and off. In a series of rapid-fire messages on Friday morning, Trump issued a call to “LIBERATE” Virginia, Minnesota, and Michigan, all states led
Frame AI, a New York City startup that uses artificial intelligence and machine learning to help companies understand their customers better across multiple channels, announced a $6.3 million Series A investment today. G20 Ventures and Greycroft led the round together. Bill Wiberg, co-founder and partner at G20, will join Frame’s board under the terms of
The Europas Awards for European Tech Startups is doing what everyone in tech has done before: pivoting! Given the COVID-19 pandemic, we will be ‘going virtual’ on an amazing new platform, to be unveiled. (OK, but not VR – just yet!). A percentage of proceeds from the event will be donated to charities across Europe
A coalition of EU scientists and technologists that’s developing what’s billed as a “privacy-preserving” standard for Bluetooth-based proximity tracking, as a proxy for COVID-19 infection risk, wants Apple and Google to make changes to an API they’re developing for the same overarching purpose. The Pan-European Privacy-Preserving Proximity Tracing (PEPP-PT) uncloaked on April 1, calling for
Starting tomorrow, 777 supermarkets in California, Illinois, Indiana, Iowa and Nevada will begin stocking the Impossible Foods plant-based meat substitute. Fueling the increased distribution and a push to expand its product suite and geographic footprint domestically and internationally is a $500 million round of funding the company closed in March. Some of that money is
In a message posted to its internal communications channel earlier this week, the massive startup accelerator Y Combinator said it will change the terms of its own PPP (the YC pro rata investment program) and investing in companies raising seed and Series A rounds on a case-by-case basis. The company began a policy of investing
As a lot of us continue to stay indoors, Facebook has become a go-to platform for many people to check in with their friends, family and neighbours during the current coronavirus pandemic. Today, to give us another way of showing support and presence in its apps, the company said it would add a new reaction
VAST Data, a startup that has come up with a cost-effective way to deliver flash storage, announced a $100 million Series C investment today on a $1.2 billion valuation, both unusually big numbers for an enterprise startup in Series C territory. Next47, the investment arm of Siemens, led the round with participation from existing investors
Schools have been closed for the past month in France. That’s why French startup Molotov is leveraging its over-the-top TV service to offer content for children of all ages. In particular, the company has partnered with SchoolMouv, a company that offers videos, exercises and more. Dubbed “Molotov for School”, the new section lets you find
Thermal imaging wearables used in China to detect COVID-19 symptoms could soon be deployed in the U.S. Hangzhou based AI startup Rokid is in talks with several companies to sell its T1 glasses in America, according to Rokid’s U.S. Director Liang Guan. Rokid is among a wave of Chinese companies creating technology to address the
Mobile messaging startup Attentive continues to bring in new funding. The startup raised a $40 million Series B last summer, followed by a $70 million Series C at the beginning of this year. Today it’s announcing that it’s extended the Series C by another $40 million, bringing the total round size to $110 million. CEO
Whenever a platform breaks out, companies emerge to seize on its reach by building their services or products atop it. It happened with Facebook and Twitter and Slack. Now, it’s happening with Zoom, the video conferencing company that took the world by storm earlier this year as the coronavirus sent people around the globe indoors
On-demand mobility, when done successfully, strikes a balance between demand and supply while providing reliable service and making a profit. It’s a sweet spot that can be difficult, if not impossible, to find. Autofleet, a startup that develops fleet optimization software to redirect underused vehicles into ride-hailing and delivery services, wants to solve that mission
TikTok is introducing a new set of parental controls to its platform to users worldwide, including in the U.S. The features, collectively referred to as “Family Pairing,” will allow parents to set controls on Screen Time Management, Restricted Mode and Direct Messages for their teen users. It also will now disable direct messaging for users
Anodot, a startup that helps customers monitor business operations against a set of KPIs, announced a $35 million Series C investment today. Intel Capital led this round with a lot of help. New investors SoftBank Ventures Asia, Samsung NEXT and La Maison also participated along with existing investors Disruptive Technologies L.P., Aleph Venture Capital and