About 29% of Indonesia’s workforce is in the agriculture sector, but many small farmers face challenges like low access to working capital. Eratani is an end-to-end management system that helps them get financing and supplies, and then helps them sell crops once they are ready. The startup announced today it has raised an oversubscribed $3.8
Honda is pulling away from a design practice that’s (literally) shaped auto making since the ’30s. The $43 billion company still depends on life-size clay models to evaluate its designs, a tried and true method pioneered by GM designer Harley Earl. But Honda is gradually relying less on the practice, ever since the Coronavirus tore
Back in June, I predicted that we would see an uptick in startups acquiring other startups this year. At the time, the venture market was souring and starting to show a divide between startups with years of cash on hand — companies that were also, often, overvalued — and those that were low on capital and would
Slowly but surely, state by state, the U.S. is becoming more cannabis-friendly. As the number of states where weed is legalized (or at least decriminalized) grows, so too does the number of companies building amazing products for cannabis users. Got a friend who partokes and lives somewhere cool about it? Why not upgrade their experience
If any HBO Max subscribers planned on having a “Westworld” marathon, this might be your last chance to watch your favorite android hosts run amok in the ol’ Wild West. The sci-fi series could soon be pulled off the streaming service, Deadline reported yesterday. Last month, Warner Bros. Discovery confirmed that “Westworld” was officially canceled,
Apple is ramping up work on its AR/VR headset. It could be unveiled as early as next year. The device will vault the company into first new product category since the Apple Watch in 2015. Bloomberg’s Mark Gurman reports.
Privileged access management (aka PAM) provides the ability to control access to sensitive parts of your technology environment. Rather than giving everyone access to these resources (or conversely, no one), you should be able to apply permissions granularly. But it is challenging without the right tools. Common Fate, an Australian startup from a couple of
News that former FTX CEO Sam Bankman-Fried was arrested yesterday in the Bahamas set the technology world alight. After the dramatic implosion of FTX’s crypto empire, which resulted in the loss of hundreds of millions of invested capital and billions of paper wealth, many in the larger crypto community were incensed that he was not
The European Commission has announced a draft decision on US adequacy, paving the way for a replacement EU-US data transfer deal to be adopted next year. The draft adequacy decision for the EU-US Data Privacy Framework (DPF), as it’s called, can be downloaded here. The Commission’s draft is a key step in years of tortuous
Image-generating AI models like DALL-E 2 and Stable Diffusion can — and do — replicate aspects of images from their training data, researchers show in a new study, raising concerns as these services enter wide commercial use. Co-authored by scientists at the University of Maryland and New York University, the research identifies cases where image-generating
Sam Bankman-Fried has been arrested by The Royal Bahamas Police Force following reports that the United States filed criminal charges against the founder and former CEO of cryptocurrency exchange FTX, and is likely to request his extradition. The Office of the Attorney General of the Bahamas issued a statement today, which was reported by BNO
HR organizations are faced with a widening skills gap, economic headwinds and changing expectations around work. It’s no surprise, then, that burnout and exhaustion are widespread in HR, with one survey finding that 42% of teams are struggling under the weight of too many projects and responsibilities. Change starts with personnel and management, some might
Overnight, news broke that the National Ignition Facility, a U.S. government research lab, was the first to achieve net-positive nuclear fusion. When lasers hit the tiny fuel pellet, it created an explosion that released more energy than the lasers delivered. For decades, fusion power has been just around the corner. Is this the moment we’ve
For businesses, protecting trademarks is often a lengthy and expensive process, especially if they have multiple brands. Digip digitizes much of the process, helping its customers file trademarks by themselves instead of going to law firms. The Stockholm-based legaltech startup announced today it has added $1.3 million to its seed round, bringing the total to
Alongside of the relaunch of Twitter Blue, Twitter’s controversial subscription service, Twitter has begun rolling out a new offering called Blue for Business that adds a gold checkmark to company accounts. On a support page, Twitter says Blue for Business, which is currently in testing, is intended to designate that a given Twitter account is
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. It’s the most wonderful time of the year. Of course, we are referring to that time of year when all the startup chaos continues apace, and we are just hanging on for
TL;DR: Enough to hit the milestones to raise your next round of funding Haje Jan Kamps 14 hours The correct amount of money to raise for your startup is “as much as you need to hit the milestones to raise your next round of funding.” It isn’t rocket science, and yet, the vast majority of
Financial institutions are waiting for the SEC and other regulators to pass rules about how to disclose emissions from their portfolio companies. Until then, many are following the standard set by the Partnership for Carbon Accounting Financials (PCAF). Pathzero helps them with a platform to exchange carbon information securely and analyze it. The Sydney, Australia-based
Nominations for the 2023 Golden Globe Awards were announced this morning, with HBO, HBO Max and Netflix tied for the lead in the TV category, getting 14 noms each. Major contenders include HBO’s “The White Lotus,” “House of the Dragon” and “Hacks,” as well as Netflix’s “Wednesday,” “Ozark” and “The Crown.” While the two streaming
American Antitrust Institute President Diana Moss joins Caroline Hyde and Ed Ludlow to discuss the latest in the FTC’s decision to seek to block Microsoft’s acquisition of Activision Blizzard. Plus, what came out of the opening arguments in the FTC’s case challenging Meta’s acquisition of VR company Within.
Nimantha Siriwardana Contributor Nimantha Siriwardana is the co-founder and CTO of Metacask, the marketplace for spirits-backed NFTs. Nim has over 20 years of experience in delivering technology solutions and previously worked for Goldman Sachs and Source Capital AG. There’s no way for blockchain-based businesses, financial service providers or banks to bypass Know Your Customer (KYC)
Dan Roy, a former software engineer at Delta, says he witnessed firsthand the challenges companies face when making the shift from an on-premises model to a software-as-a-service business. Accucast, where he served as CTO after leaving Delta, struggled with this as it pitched software and services for email marketing. The solution, he came to believe,
Microsoft is to acquire a 4% stake in the London Stock Exchange Group (LSEG), the company that owns the London Stock Exchange as well as a several other businesses including financial market data company Refinitiv which LSEG acquired from a Blackstone/Thomson Reuters consortium last year for $27 billion. Microsoft’s stake, which it bought from the
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 week.
Canada’s venture market isn’t immune from the global market downturn, but unlike the U.S. — where everything seems increasingly bleak — there are quite a few bright spots in Canada’s ecosystem this year. Data from the Canadian Venture Capital and Private Equity Association (CVCA) found that C$7.2 billion ($5.28 billion) was invested across 520 deals
The ‘ask and use of funds’ slide is an opportunity to shine as a founder. Don’t waste it. Haje Jan Kamps 12 hours There’s one slide that almost every founder gets wrong when they are putting together a pitch deck to raise money from venture capitalists. The slide is usually known as “the ask,” and
For companies aiming toward net zero, tracking scope 3 carbon emissions is a key challenge. Scope 3 are emissions along a supply and value chain, which means they have to account for a large number of partners. Avarni automates much of the process and says it can cut down the amount of time spent on
Twitter is officially bringing back the Twitter Blue subscription Monday, starting in five countries before rapidly expanding to others, according to Esther Crawford, director of product management at Twitter. Web sign-ups will cost $8 per month and iOS sign ups will cost $11 per month for “access to subscriber-only features, including the blue checkmark,” per
Aug.30 — Bloomberg’s Mark Gurman speculates who could be the likely successors to Apple’s CEO after a decade of Tim Cook.
W elcome 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. It seems like everyone has been talking about Lensa AI this week, but a less obvious point of this AI-enabled chart topper caught