Austin-based venture firm 8VC, led by controversial Palantir founder Joe Lonsdale, has raised $880 million in its fifth fund. In a blog post published today, Lonsdale — who serves as 8VC’s general partner — said that his firm’s mission is “to fix a broken world.” While he did not specify which industries the new fund
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The big, giant message Tesla CEO Elon Musk and other execs tried to impart during its four-hour Tesla Investor Day was how the company would be the driver of a global shift away from fossil fuels and towards renewable energy. Investors, at least those active after the market closed, weren’t impressed perhaps because it lacked that
Audible today announced that it would launch its first-ever singing competition series as an exclusive podcast featuring artists Sara Bareilles and Kelly Rowland as judges. “Breakthrough” will premiere on the Amazon-owned audio service on June 1. On the podcast series, Bareilles and Rowland will mentor five artists over the course of nine episodes. The host
Bloomberg’s Caroline Hyde and Ed Ludlow discuss how a new activist ad is taking aim at Big Tech by using deepfakes to mock a lack of oversight.
Enterprise project management and team collaboration unicorn monday.com is digging deeper into the Asia-Pacific region with the opening of its new regional headquarters in Sydney. Founded in Israel, monday.com opened its Sydney HQ two and a half years after it first launched in Australia in June 2020. Monday.com recently marked a 76% year-over-year growth in
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. Have we told you lately that we love you? Well, we do. For ’tis March, and spring is almost here. Breathe in and check the <checks notes> smell of snow? Good heavens,
Sesamm, a French startup that helps financial firms and corporates adhere to their ESG goals by using natural language processing (NLP) to generate insights from digital content, has raised €35 million ($37 million) in a round of funding to expand internationally. Despite a growing backlash against ESG efforts from some politicians and vocal executives, companies
Qualcomm announced at the Mobile World Congress (MWC) that multiple phone makers, including Xiaomi, Oppo, Vivo, Motorola, Nothing and Honor, are bringing satellite communication capabilities to their phones. However, manufacturers didn’t provide details about what devices will first have these features and when the companies would launch them. Qualcomm unveiled its Snapdragon Satellite tech in
Roku struck a deal with creator company Jellysmack to launch new content featuring 17 popular YouTube and TikTok creators like Brad Mondo, Lauren Riihimaki (LaurDIY), Emmy Cho (Emmymade), Karina Garcia and more. The company announced yesterday that it’s launching two free, ad-supported TV (FAST) channels, “Hello Inspo” and “Mysteria,” to The Roku Channel’s Live TV
Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: Is there a domestic
In its quest to turn the culinary talents of passionate home cooks into small businesses, Shef, a chef-to-consumer marketplace, is now taking those efforts nationwide. Shef works with local cooks making authentic, homemade dishes and provides them with business tools, like menu formation and pricing, photography, how to create their bios and how to market
Every year, about 35% of the food supply in the U.S. is wasted. About half of that’s because of picky eaters or outsize restaurant portions, but the rest happens further upstream, according to the U.S. Environmental Protection Agency, with about 6% to 13% occurring at grocery stores. For grocery stores, which operate on very thin
The all-in-one fintech app Revolut has released its annual report for 2021. While 2021 ended more than a year ago, this report includes some significant figures as the company nearly tripled its revenue between 2020 and 2021. Because of this explosive growth trajectory, the company reached profitability for the first time. Revolut’s financial success starts
While the chatter around the metaverse has slowed down, both social media companies and phone manufacturers have been experimenting with tech that could lead to commercial AR glasses. At the Mobile World Congress (MWC) in Barcelona, Xiaomi unveiled its new prototype Wireless AR Glass Discovery Edition, which weighs 126 grams and has a “retina-level” display.
A new “Stranger Things” play is coming to the Phoenix Theatre in London’s West End in late 2023, Netflix announced today. “Stranger Things: The First Shadow” is a prequel spinoff play set in Hawkins in 1959, less than 25 years before the Netflix series. It will feature younger versions of Jim Hopper, Bob Newby and
Amazon has struck a deal with embattled online mortgage lender Better.com to offer up a new benefit to employees. Better.com is launching Equity Unlocker, a program that allows employees to use their vested equity as collateral for a down payment when trying to buy homes. Amazon employees in Florida, New York and Washington State will
On a recent winter morning in New Delhi, Rajan Anandan and Pieter Kemps were pacing on the floor of a five-star hotel, quizzing a group of over two dozen young startup founders about their goals. One founder set eyes on getting the most downloads in the mobile gaming category. Another pledged to reach an annual
Nothing’s presence stood in stark contrast to OnePlus at this year’s MWC. Whereas Carl Pei’s old company, OnePlus, put on a flashy launch event for a concept device yesterday, Nothing has largely used the event to meet with vendors and other big names in the industry. We sat down with Pei yesterday, fittingly in a
Mammoth, a recently launched Mastodon app that’s trying to make it easier on users who want to join the decentralized social web, has a notable financial backer. The company confirmed that its leading pre-seed investor is Mozilla, a proponent of the open web, which invested in the company’s first general round alongside others, including Long
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. TikTok just can’t dodge the watchful eyes of the watchmen: Earlier this year, Taylor reported that a string of universities banned TikTok from devices. Last week, Paul reported that the European Commission
Air Company, a startup that turns carbon dioxide into things like perfume, vodka, hand sanitizer and aviation fuel, is now on the U.S. Defense Department’s payroll, so to speak. The JetBlue and Toyota-backed company struck an up-to $65 million deal to help the Air Force capture CO2 and turn it into “sustainable” aviation fuel on
At a session on the future of 6G during Mobile World Congress, expert speakers from companies such as Samsung, the European Space Agency and Telefonica came together to give their views about how 6G will play out. The first thing to note is that it’s not arriving anytime soon. The projections are that the likes
The Block-owned music streaming service TIDAL is shifting the way it pays artists after an experimental program failed to generate results. Unlike Spotify and other market leaders, which pay musicians small fractions (…of fractions) of pennies for each play, TIDAL has taken a more imaginative approach to artists payouts. The platform, which targets consumers who
Remote working options and workplace flexibility can be a bit of a head-scratcher for employees and employers alike, but Gable, which has just raised $12 million in Series A funding following on a $3.25 million round of seed funding, is hoping to make it smoother for everyone. The company provides a one-stop-shop for managing employees’
SoLo Funds has acquired over 1 million registered users and over 1.3 million downloads to make it “the largest and first Black-owned personal finance platform” to do so, Rodney Williams, co-founder and president of SoLo, told TechCrunch. The community finance company defines the claim “as a business-to-consumer personal finance banking solution, U.S.-based and Black-owned with
Meet Cycle, a French startup that is building a collaboration tool for product managers where they can collect data from various tools, work on the next product iterations and close the feedback loop with the most engaged customers. The company raised a total of $6 million across two funding rounds, including a recent funding round
The OnePlus that was founded in 2013 was a cautious company, deliberate in its release schedule. The Shenzhen-based firm would announce one to two phones a year, not hung up on being the first to market with new features. It was a cadence that allowed the company to distinguish itself, in part, through pricing, with
The European Commission (EC) has confirmed a previously-issued preliminary view that Apple’s so-called “anti-steering” practices, which prevent developers from informing users about alternative payment options, constitutes unfair trading practices. However, in a refined Statement of Objections sent to Apple and published for the public today, the EC also said that it’s dropping an additional anti-trust charge
The question is whether we should care Alex Wilhelm 22 hours Shares of Adobe sold off following last week’s news that the United States government is “getting ready to file suit to block the $20 billion Adobe-Figma deal announced last year on the grounds it is anti-competitive,” though not as sharply as when the company
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. There’s another episode out of Inside Startup Battlefield, the podcast mini-documentary getting a behind-the-scenes look at the TechCrunch Disrupt Battlefield. Maggie just dropped the new EP: Getting to know the Battlefield 200.
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