Today after the bell, Alphabet and Microsoft will report their calendar third-quarter financial results. Given the breadth of industries that each of these companies touch, their performance will provide us with rich data concerning different areas of the technology landscape. The fun will continue tomorrow when Meta reports its own results. And later this week,
In films, screenwriters always include a moment known as the Promise of the Premise. It’s the part of the story where the audience settles in to the new world they’ve entered. One of my favorite examples is in the first Harry Potter movie, when Hagrid takes Harry to Diagon Alley, the magical shopping district that
Today, for a series of climate-related conversations organized by the global venture firm SOSV, we interviewed famed investor Chris Sacca, whose investment firm Lowercarbon Capital is managing $2 billion in capital across one fund that’s focused on nuclear fusion, another fund focused expressly on carbon removal, and the rest across a wide spectrum of bets.
Nothing today announced the upcoming launch of a brick-and-mortar retail store in London’s Soho district. The store will, of course, carry Nothing. In a less literal sense, one wonders precisely what the store will carry, given that the hardware startup has officially launched two products, with a third being revealed soon. GM Ryan Latham says
Whenever YouTube superstar MrBeast crops up in business or tech headlines, you’re guaranteed to find a slew of bewildered comments: Who is this guy, and why is a YouTuber such a big deal? Am I old if I don’t know who this is? Why is he younger than me, yet makes so much more money?
Sequoia India is in advanced stages of deliberations to invest over $50 million in K12 Techno Services, a startup that offers a range of services to education institutions and also runs its own chain of schools, doubling down on a firm that it first backed over a decade ago, two sources familiar with the matter
Several years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou and a group of researchers at IBM Zurich Lab to develop a computer chip. Unlike conventional chips, theirs was destined for devices at the edge, particularly those running AI workloads, because Del Maffeo and
Station F, the iconic startup campus in Paris, is revamping its Founders Program completely to turn it into an acceleration program. Founders who decide to join the accelerator will get many different benefits. They’ll also have to hand out a 1% equity stake to Station F. “We are changing the flagship program of Station F.
Smart lock startup Level has a new version of its lock available, and this one includes Apple Home Key out of the box. The new Level Lock+ is almost identical to its predecessor, the Level Lock Touch, in every other way — but the addition of Home Key takes what was already a super strong
Bloomberg’s Mark Gurman joins Emily Chang to discuss how Apple is trying to entice consumers ahead of the holiday quarter with a redesign of its entry-level iPad, a new speedier Pro model and a cheaper TV set-top box. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of
Last week at TechCrunch’s annual Disrupt event, this editor sat down with VCs from two firms that have come to look similar in ways over the last five or so years. One of those VCs was Niko Bonatsos, a managing partner at General Catalyst (GC), a 22-year-old firm that began as an early-stage venture outfit
What’s going on with demand for plant-based meat? If you take a look at Barcelona-based Heura the picture seems rosy — with the alt-protein startup claiming “non-stop” momentum and a near doubling of revenue from sales of its faux chicken, beef and pork products in the first half of 2022. Mid-year, the 2017-founded startup reports
The original Orba was a curious little baseball-sized device that invited people who couldn’t play a triangle if they tried to somehow create beats, bops and bass lines. The success of the original — and the adoption of it as a tool for more serious musicians — inspired the Artiphon team to release an updated
Today marks another blow to subscribers and their wallets. Apple increased the subscription prices for Apple TV+, Apple Music and the Apple One bundle in the U.S. — joining various other companies that have raised the prices of their subscription plans this year. Apple TV+ will increase by $2 monthly and $10 annually. Subscribers will
The third quarter was far from favorable for Chinese startups looking to raise money. Data shows that for upstart tech companies in the country, Q3 2022 was the worst time to raise venture capital since Q1 2020, with far less capital invested than either the rest of 2020 and 2021, or for most of 2018
On Friday, TechCrunch reported the latest Crunchbase venture capital data, and the news isn’t very good from a diversity point of view: Black founders raised a paltry $187 million out of the $150.9 billion in venture capital allocated in Q3 this year. To put that into perspective, that’s only 0.12% of the total investment made
Travel is back on the radar for investment, with consumers and business users both on the move again after a long pandemic period of staying in one place. Today, a startup called WeTravel — which builds tech for the specific needs of group travel — has raised $27 million, money that it will be using
Apple has released iOS 16.1, iPad OS 16.1 and macOS 13, as it announced it would do last week. The updates include a number of new features for iPhone, iPad and Mac devices, including the introduction of Continuity Camera, which allows iPhone owners to use their device as a webcam for their Macs. The iPad
Marvel released the first trailer for “Ant-Man and the Wasp: Quantumania” today, which gives fans a look at Jonathan Majors as Kang the Conqueror and, for some reason, Bill Murray. The superhero movie will premiere in theaters on February 17, 2023. Disney told TechCrunch that the film would likely stream on Disney+, but there’s no
Access to funding and lack of support systems are some of the greatest challenges faced by startup founders in sub-Saharan Africa. And while venture capital and founder support programs within the continent are growing, a lot still remains to be done to meet the financing, technology and social capital needs of the especially marginalized groups
Devin Abbott Contributor Devin Abbott was founder of Deco (acquired by Airbnb) and specializes in design and development tools, React and web3 applications, most recently with The Graph. It’s too early to predict all the implications of the recent Ethereum blockchain Merge, but it definitely addresses the most frequent (and valid) criticism of web3 regarding
It’s time to accept that cloud gaming is the future of gaming. At least for some people and even though Stadia failed. But that group of people is becoming larger every year. For the past few weeks, I have been playing video games on a brand new device — the Logitech G Cloud. But my
Tesla Inc. reported third-quarter sales that fell short of Wall Street estimates, citing the US dollar’s growing strength, along with production and delivery bottlenecks. Profits rose to $1.05 beating estimates of $1.01. Bloomberg’s Ed Ludlow has a first look at earnings.
Valuations have been top of mind for the entire venture industry this year as many VCs try to navigate their overvalued portfolios and founders scramble to conserve cash and grow into their lofty valuations. So one might have predicted that valuations would fall off a cliff this year. But that hasn’t happened because venture investing
Tech giants are increasingly looking for tech talent in Africa, where the number of developers reached 716,000 last year, up 3.8% from 2020, according to Google. In the last six months, Microsoft and Amazon have been on a recruitment drive that came along with enticing offers including relocation to their hubs in the U.S. and
Maro has developed a platform that helps families and schools navigate tough conversations about mental health. The company, which exhibited as part of the Battlefield 200 at TechCrunch Disrupt, launched its first product, Maro Parents, in 2020. Now, the company is gearing up to launch Maro for Schools next week to help schools screen students
After seeing a ton of venture capital investment flow into independent beverage startups recently, it was time to take a step back and see if this kind of company actually made sense as a venture investment. For one, the competition for space on grocery store shelves is fierce, eclipsed only by the fact people are
Wire has retracted its reports on Meta after discovering “certain discrepancies” in its news pieces, the Indian outlet said Sunday, marking what should be an end to the high-profile drama with the social juggernaut that captured the interest of newsrooms and tech companies globally for two weeks. The move follows Wire, a small but gutsy
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. Should early-stage founders ignore the never-ending debate on server infrastructure? Up to a point, yes: Investors we talked to are giving entrepreneurs their blessing
Hey, friends! Welcome back to Week in Review, where every Saturday we recap a handful of the top TechCrunch stories from the past seven days. Want it in your inbox? Get it here! This week marked the in-person return of TechCrunch Disrupt, with our team taking the show back into the real world after two