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
Tiger Global, one of the biggest winners from the technology bull market, plans to decelerate the pace of its investments in startups for two quarters, the latest in a series of high-profile investors becoming cautious as the market embraces a downturn. The New York-headquartered firm – which invested in 361 deals in 2021, according to
Tech layoffs have hit almost every region in the world, and Southeast Asia is no exception, with companies like Sea, Crypto.com and JD.ID among those affected. In particular, fintech startups—BNPL, credit and lending, and inventory-holding businesses—are vulnerable, like in other parts of the world. Glints, one of Southeast Asia’s largest jobs platforms with over 30,000
Thousands of leaked confidential files reveal a treasure trove of sketchy and unlawful behavior from Uber. The Uber Files, which were originally shared with The Guardian and the International Consortium of Investigative Journalists, show a company that has knowingly broken laws, gone to extreme lengths to avoid justice, secretly lobbied governments, received aid from top
Temporary relief could come, structural exit issues notwithstanding Alex Wilhelm 7 hours Are startups really in danger of suffering a protracted, painful slowdown? With half the year now behind us, the gathering clouds for startups around the world don’t appear to have broken into storms, leaving us wondering if the market is really that bad
In less than two weeks, on July 21 to be precise, the global robotics and AI community will converge online for TC Sessions: Robotics. Engage with the leading visionaries, scientists, founders, makers and investors. It’s a full day exploring the latest trends, challenges and successes in an industry that continues to profoundly change the way
It is worth beginning with a note that I am terribly risk averse, and therefore … not a ton of fun. When Ford micromobility subsidiary Spin first launched a fleet of electric scooters in my hometown of Pittsburgh last summer, my immediate instinct was very old-man-yells-at-cloud. Youths took over the streets and sidewalks, racing around downtown
Hello, friends! Welcome back to Week in Review, where we quickly recap the most read stories on TechCrunch from the last 7 days. The goal: If you had a busy week, you should be able to skim WiR and still have a pretty good sense of what happened in tech. Want it in your inbox?
Welcome back to Chain Reaction. Last week, we looked at Solana’s smartphone and the post-Apple tech industry. This week, we’re looking at a web3 without Big Tech. To get this in your inbox every Thursday, you can subscribe on TechCrunch’s newsletter page. no trillionaires allowed Unlike other moonshot tech categories, it’s become increasingly clear that
From the sample pitch decks in my pitch deck teardown series, you’d conclude that appendices in pitch decks are rare. That would be inaccurate; I’d estimate that more than 70% of decks used actively in pitching startups to investors include one or more appendices. Moreover, whenever I coach clients on building their pitch decks, we
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. With down rounds looming, startup founders have a lot less dealmaking leverage than they did in 2021. If new to the fundraising game, the
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. As Q2 venture capital data starts to come out, it’s clear that there’s a difference between how the startup market is acting and how it actually feels. Sure, capital has slowed, but
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the
Crypto broker Voyager Digital Ltd. filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research. Yueqi Yang has more on “Bloomberg Markets: The Close.”
Coalition, a San Francisco-based startup that combines cyber insurance and proactive cybersecurity tools, is preparing to expand outside of the U.S. for the first time following a mega $250 million Series F investment that takes its valuation to $5 billion. The investment, backed by Allianz X, Valor Equity Partners and Kinetic Partners, comes less than
Elon Musk is formally trying to end his bid to buy Twitter. After hinting heavily that he no longer wanted the company in tweets attacking Twitter over its bot calculations and an ominous story in The Washington Post this week reflecting his thinking, Musk’s legal team is taking steps to terminate his $44 billion deal
Twitter is not on the same page as Elon Musk when it comes to his newly official attempt to back out of his proposed $44 billion acquisition of the company. The company issued a brief formal statement regarding Musk’s merger termination attempt, which relies on the prodigious breeder‘s assertion that Twitter misled him about the
Just about every electronic contraption you care to think of contains at least one printed circuit board (PCB), which serves to house and connect the various components that allow the device to function as a whole. While circuit boards are mostly invisible to end-users, they are foundational to the world they inhabit, powering smartphones, automobiles,
Moving Analytics (Movn), a virtual at-home intervention program for high-risk cardiac patients, claims to be “the most clinically validated” cardiac rehabilitation program on the market. Though other online-based programs exist, others either address other international markets, like Heart2Heart, or work only with very specific current insurance partners, like Henry Ford Health. Moving Analytics founders and
DEUNA, a Silicon Valley-based one-click checkout commerce startup, is officially joining Latin America’s nearly $100 billion e-commerce sector with $30 million in Series A funding after largely staying under the radar since being founded in late 2020. Co-founders Roberto Enrique Kafati Santos and Jose Maria Serrano started the company after a career at McKinsey leading
Tesla shares received an upwards bump in after-hours trading Friday as investors reacted positively to Elon Musk’s move to terminate his $44 billion deal to buy Twitter. Tesla shares rose 14.51% to close at $752.29 on Friday. The share price continued to edge higher after regular trading hours by as much as 3.39%, before settling
Electric vehicle charging has come a long way in recent years. Until somewhat recently, road-tripping required lots of advance planning. Charging speeds were slow, necessitating stops that easily stretched past 30 minutes. Sessions were stymied by broken or vandalized equipment or inconsiderate fossil-fueled car owners blocking the charging points. Thankfully, those days are largely over.
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT (except today because of the breaking Musk news!), subscribe here. Jet-lagged and post-COVID-fatigued, Haje is back, joining Christine to bring you fine morsels of tech news in this very newsletter. Also, hearsay (and the
One more hurdle up ahead for Activision Blizzard, the games giant behind Call of Duty that Microsoft is looking to acquire for $68.7 billion. The U.K.’s Competition and Markets Authority has announced a formal investigation into the proposed deal. This opens the investigation up for feedback from “any interested party” ahead of the CMA deciding
On May 16, Butler Hospitality, an on-demand platform for room service and amenities, sent an email to vendors that might have been considered reassuring under other circumstances. “We are writing to inform you [that] room service and catering services will continue as is. All collateral is still functional,” the email read. “We appreciate your loyalty
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It doesn’t feel like a short week, does it? Alex, Natasha and Mary Ann got on the mic to bring an especially packed episode full of big news, fire transitions and even a
Roger Hurwitz Contributor Roger Hurwitz is a founding partner at Volition Capital. He focuses primarily on investments in software and technology-enabled business services. More posts by this contributor Should SaaS founders be raising capital now? The don’ts of debt for fast-growing startups It feels like almost any company is a tech company in one way
Investors are used to using their acumen and financial heft to find companies that might disrupt markets. But it turns out their views and investments might disrupt public opinion, too. A massive survey of Facebook users from around the world shows a vast group of people who are neither convinced that climate change is the
The first two years of the pandemic boosted e-commerce, but Simon Wu, a partner at Cathay Innovation, has identified three factors that are now creating strong headwinds for online retailers: Increasing economic uncertainty. iOS social media privacy updates. “A potential drop in discretionary spending.” Even if one could set aside a looming recession, the fact
One of the stunning facts that’s emerged over the last few years – especially as VCs and startups have turned their attention towards the climate crisis – is that our cities produce an enormous amount of CO2: in fact, buildings are responsible for around 40% of global CO2 emissions. But of course, the problem is