Aemi founders Hieu Nguyen and Kim Vu Social commerce sellers can be as small as one person selling products to their followers on social media platforms like Instagram or Facebook. Many don’t have a web storefront and instead rely on private messages to take orders and payments. This might not seem like enough to move
Twitter quietly reversed a controversial decision the company implemented last week, restoring the text of since-deleted tweets embedded on external websites. The change was first spotted by Twitter user @RuinDig. IndieWeb developer Kevin Marks initially called attention to the change in a blog post, criticizing Twitter for “tampering with the public record” by intentionally hiding
Supply chain disruptions — triggered by factors including demand surges, high transportation costs, and pandemic-related lockdowns — are expected to continue well into next year, experts predict. Companies are experiencing the brunt of the impact, with 36% of small businesses responding to a 2021 U.S. Census survey reporting that they’ve experienced delays with domestic suppliers.
Privacy watchdogs in Europe are considering a complaint against Apple made by a former employee, Ashley Gjøvik, who alleges the company fired her after she raised a number of concerns, internally and publicly, including over the safety of the workplace. Gjøvik, a former senior engineering program manager at Apple, was fired from the company last
Luis Severino cupped the glove around his ear in frustration. The Yankee Stadium two-strike Death Star siren was blaring over the PA, the announcers reasoned. The pitcher signaled frustration with a new piece of technology that’s quickly been rolled out on baseball’s biggest stage. Manager Aaron Boone walked out to the mound, handing Severino a
YouTube has been slower than most to test its picture-in-picture support for iOS; however, according to a tweet, it will be coming to the service in a “matter of days.” [Update: After prompting much confusion about the sped-up time to launch of this long-awaited feature, the YouTube Twitter account returned to “clarify” its earlier —
Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B funding round in a bid to work on development and move beyond games. Investors include CCB Trust, a subsidiary of China Construction Bank, GGV Capital, and real-time communication solution provider
Uniswap Labs, the company behind the popular decentralized finance (DeFi) protocol, has launched a venture capital arm to invest in web3 projects. Uniswap Labs Ventures, the new division, will invest in companies across various stages and areas within web3, from infrastructure to developer tools and consumer-facing applications, according to the company. Investments will be made
Datto, the disaster recovery service, has had an interesting history. It raised a cool $100 million as a startup, including a $75 million investment in 2015, a significant round for that period. Vista Equity purchased the startup in 2017, but that wasn’t the end of its story, not by a long shot. Instead Vista built
Globalization has been one of the biggest trends in e-commerce in the last decade: internet rails facilitate a much wider marketplace of would-be consumers and a selection of items for them to buy; and to meet that demand manufacturing and logistics have also made great geographical leaps. Now, a startup that’s built a platform to
Google Fi, Google’s cell network provider, has dropped the pricing for its mobile plans by $5 to $10 per month, depending on the customer’s plan. The company decreased the price for its Simply Unlimited plan from $60 to $50 per line for one line, $45 to $40 a line for two lines, $30 to $25
It’s hard to think of a product category that is less sexy than window air conditioning units. Windmill begs to differ, bringing a breath of fresh air to an industry that’s been steadfastly clunking away in the corner. The company raised $10 million to make the ubiquitous AC easier to install, smarter and gentler on
Perforce Software has been building developer tools since 1995, a long time in the tech world. The company was acquired by Clearlake Capital in 2018, and over the last several years has been modernizing and expanding its reach through acquisition. Today, the company announced it intends to acquire Puppet, the infrastructure automation company. The companies
Another day, another big private equity acquisition. It’s widely known that private equity firms are awash in cash these days and looking to direct it into acquisitions. Last month Thoma Bravo acquired Anaplan for almost $11 billion. Today it announced its intention to buy identity security company SailPoint for $6.9 billion — and the beat
Elon Musk is not joining Twitter’s board, the social network’s chief executive Parag Agrawal said, in a surprising reversal following last week’s announcement that the Tesla and SpaceX chief executive had been appointed to the panel. “We announced on Tuesday that Elon would be appointed to the Board contingent on a background check and formal acceptance.
Between his roles as co-leader of Mayfield Fund’s engineering biology practice and founder at IndieBio, Arvind Gupta reviewed approximately 470 startup pitches last year. He characterizes his process as “simple,” but that is a bit reductive: after reviewing a deck and scheduling a meeting with the founders, he’ll spend many hours acquainting himself with both
Welcome to my weekly fintech-focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on all things startups! And if you want to have this hit your inbox directly once it officially turns into a newsletter on May 1, sign up here.
Shares of Twitter surged for a second day after Elon Musk was appointed to the company’s board. The Tesla founder just took a 9.2% stake in the company. Bloomberg’s Ed Ludlow reports on “Bloomberg The Open.”
Palantir COO Shyam Sankar joins Emily Chang to discuss the launch of Palantir’s first Edge AI enabled satellite via SpaceX’s Falcon 9 on April 1st, and Palantir’s role in space. Plus, he talks about the company’s work in Ukraine around refugees, food aid, supporting allied materials, and shared his outlook on supply chain challenges.
Cathie Wood, founder and chief executive officer of ARK Invest, explains why she’s been selling shares of Tesla, her views on Twitter and the performance of Chinese stocks. She speaks on “Bloomberg Markets: The Close.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with
Before you can even think about building an algorithm to read an X-ray or interpret a blood smear, the machine has to know what’s what in an image. All of the promise of AI in healthcare — an area that has attracted $11.3 billion in private investment in 2021, can’t be realized without carefully labeled
Arrival, a UK-based electric vehicle company that went public last year, has set itself a lofty goal. The company aims to produce electric vehicles that cost less than other EVs and competes with pricing on fossil fuel-powered vehicles. A lofty goal requires a bold plan. For Arrival, that means bypassing the traditional large-scale or even “giga-sized”
Evan J. Zimmerman Contributor Evan J. Zimmerman is the founder and CEO of Drift, a genomics software company, and chairman of Jovono, a venture capital firm. More posts by this contributor Twitter’s acquisition strategy: Eat the public conversation CFIUS Cometh: What this obscure agency does and why it matters to your fund or startup In
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Welcome to the Daily Crunch for Friday, April 8, 2022! Today, Haje has mostly been reading the most recent IPCC report and gobbling anti-anxiety meds by the fistful, while Christine was talking
Running an airline is a tough industry, with many companies either folding shop or merging with rivals to survive. Being an airline passenger isn’t a walk in the park, for a litany of reasons that anyone who has ever been in an airport can easily enumerate. Landline, a four-year-old, Fort Collins, Colorado-based transportation startup, thinks
The long-awaited re-correction of private tech startup valuations and fundraising expectations has a web3-sized asterisk next to it. While many funds are returning to more conservative check-writing, with a focus on profitability and business fundamentals, crypto remains a sector in the spotlight that attracts dedicated billion-dollar funds and investment terms that remind us more of
Dana Linnet Contributor Dana Linnet is president and CEO of The Summit Group DC, an independent strategic advisory consultancy in Washington, D.C. specializing in defense, space and emerging technologies. She formerly held positions as a career U.S government official and contracting officer, defense executive and VP/GM for a Silicon Valley tech startup. The views expressed
The company behind Axie Infinity, a popular crypto play-to-earn game, raised $150 million in funding this week to help reimburse users who lost funds worth about $625 million in a hack last week. Axie Infinity’s creator, Vietnamese gaming studio Sky Mavis, had garnered wide acclaim for building the most-played NFT game of all time, with
The venture capital market could be seeing a shift in power dynamics away from founders and more toward investors, data indicates. The information, collected by DocSend, a service that founders often use to send information about their startups to investors, indicates that after a hot start in the year, investor interest is declining, leading to
Companies producing software are becoming ever more reliant on open source databases to build their programs, but it’s complex working with all these different products. Instaclustr, a California startup, wanted to change that by offering popular open source databases delivered as a service. Today, NetApp bought the company for an undisclosed amount. Instaclustr gives NetApp