How to test and evaluate demand for hardware products before you crank up the factory Haje Jan Kamps 8 hours Manufacturing real-life, tangible objects that you can touch is often a lot riskier than developing software. Once you’ve created 10,000 thingamajigs, it’s far harder to make changes to them than in the software world, where
Oct.30 — T-Mobile US Inc. President and Chief Operating Officer Michael Sievert discusses the wireless carrier’s third-quarter performance, its 5G plans and the proposed merger with Sprint Corp. He speaks with Bloomberg’s Selina Wang on “Bloomberg Technology.”
Trucking is a vital industry and yet the majority of operations are operating on outdated platforms. AtoB thinks it has the solution and CEO and co-founder Harshita Arora says the company is essentially Stripe for transportation. I’m excited to have her and Eric Tarczynski of Contrary Capital speaking on an upcoming TechCrunch Live taking place
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’s too early to fully anticipate all of the consequences of Silicon Valley Bank’s collapse. But there is one prediction I am ready
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Maybe it’s the fact that “Succession” is back next week, or maybe it’s the fact that Silicon Valley just experienced its first banking crisis, but
Welcome to Week in Review, folks, TechCrunch’s regular recap of the week in tech. GPT-4, OpenAI’s text- and image-understanding AI, might’ve dominated the headlines over the past few days. But fresh drama around Silicon Valley Bank’s collapse emerged as well. We cover all that and more in this edition, so grab a coffee and settle
Amid the venture industry’s funding slowdown in 2022, nontraditional investors like hedge funds and private equity firms ran for the hills. Many assumed that corporate venture capital funds would, too — but they didn’t. These strategic backers remained consistent in 2022 and, according to PitchBook data, actually increased their presence in venture deals. In 2022, CVCs
But there are reasons to be optimistic we’ll get a good crop of public offerings Alex Wilhelm 7 hours The IPO market thus far in 2023 has been a goose egg, and we probably won’t get any interesting IPOs for another quarter or two. This is incredibly sad for your friendly, local TechCrunch+ reporting crew
The startup claims it’s on the cusp of a superconductor breakthrough despite questionable scientific record Tim De Chant 1 day Ever since they were discovered over 100 years ago, superconductors have seemed a bit magical. You might have seen one on YouTube, levitating above a pool of liquid nitrogen, shrouded in vapor as the super-chilled
The U.K.’s Chancellor of the Exchequer Jeremy Hunt’s spring budget — delivered on the same day that teachers, transportation workers, civil servants and others were on strike across the country — sought to strike a note of its own: optimism in the face of many signals to the contrary. With the U.K. narrowly predicted to
Bloomberg’s Max Reyes joins Ed Ludlow and Caroline Hyde to wrap up what’s known of the SBV fallout so far and the impact on other banks like First Republic and Signature Bank. ——– 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 Caroline Hyde and
The comedown from the venture capital boom of 2021 has shaken up much of the startup world, but the dearth of capital has shown up sharply in one particular niche: fintech. CB Insights data indicates that after reaching a peak in 2021, funding to fintech startups across the world dropped a drastic 46% to $75.2
When Porsche partnered with venture studio UP.Labs, the mission was to create six startups over three years all designed to solve the German automaker’s biggest problems and be compelling enough as a standalone business it that can attract other customers. On Porsche’s list: software that helps manage and automate the performance of EVs. Pull Systems,
Elemental Excelerator, a nonprofit investor in climate-tech startups including BlocPower and ChargerHelp, says it’s “doubling down” in the wake of Silicon Valley Bank‘s collapse. Elemental intends to pump $43 million more into climate-tech startups — $13 million of which will be set aside for its twelfth accelerator program, beginning in October. The investor hasn’t secured all of
In the latest blow to Meta’s consentless behavioral ad-targeting business in Europe, a Dutch court has found the social media giant’s Irish subsidiary did not have a lawful basis to process local users’ data for ad targeting. Dutch privacy advocacy group, the Data Privacy Foundation (DPS), along with a local consumer protection not-for-profit, Consumentenbond, filed
It’s too early to determine whether SVB’s downfall heralds a new era for venture capital, but based on anecdotal evidence, off-the-record discussions and chats with co-workers, it seems like we’re back to business as usual as far as pre-revenue startup fundraising is concerned. Not a scientific sampling, but I noticed that several investors signaled this
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. Happy Friday Crunch! There’s a persistent theory in hardware that manufacturing overseas is the cheaper/better/more efficient option. You manufacture there, assemble somewhere else, and finally approve and get to market in the
Green Li-ion says its battery recycling machines are the “size of a small house,” so it’s no wonder the Singapore-based startup needed to top up on funds. It’d only raised about $15 million ahead of its latest cash infusion. This week, Green Li-ion announced a $20.5 million “pre-Series B” round led by climate-tech investor TRIREC.
BlaBlaCar has announced that it plans to acquire Klaxit, a smaller French startup. Klaxit is a carpooling service so that you don’t have to drive your car to work every day. BlaBlaCar has its own commuting service called BlaBlaCar Daily. Klaxit will complement this service after the acquisition closes. BlaBlaCar is better known for its
For many people around the world, braille is their primary language for reading books and articles, and digital braille readers are an important part of that. The newest and fanciest yet is the Monarch, a multipurpose device that uses the startup Dot’s tactile display technology. The Monarch is a collaboration between HumanWare and the American
U.S. employees at Bandcamp, an online audio distributor, have announced their formation of a union. Last year, the platform was acquired by Epic Games, the multibillion-dollar company behind games like Fortnite and the Unreal gaming engine. According to the union, known as Bandcamp United, a super-majority of workers are in favor of forming a union.
Nonprofit FORGE is bringing ‘nearshoring’ to US startups Haje Jan Kamps 8 hours There’s a persistent theory in hardware that manufacturing overseas is the cheaper/better/more efficient option. You manufacture there, assemble somewhere else, and finally approve and get to market in the United States. But it turns out that it’s possible to manufacture closer to
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Today, we’re celebrating Equity’s 6th birthday! Thankfully, it fell during the easiest, slowest news cycle we’ve had since the beginning of the grocery delivery wars and WeWork. Just kidding. Alex and Natasha
The rise of ChatGPT has fueled growth in the public awareness of AI, as well as the growing discourse around AI ethics. How should AI be used? What are its implications for society, not just business? The inherent bias within AI applications — remember, it’s not just how the algorithm is built and by whom,
“Nobody does creature work the way Wētā does,” Craig Mazin, co-creator of HBO’s “The Last of Us,” said in the official podcast for the video game adaptation series. If you’d had a chance to watch the bloater scene from episode five, then you most likely agree with him. It makes sense that HBO approached Wētā
Tribe Capital Co-Founder Arjun Sethi joins Caroline Hyde and Ed Ludlow to discuss the fallout from the collapse of Silicon Valley Bank and why, like other Venture firms, Tribe Capital advised its portfolio companies to move some, if not all, of their balances from SVB. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:
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. Happy Thursday, Crunchers! An agreement among a group of the nation’s largest banks to deposit some $30 billion with First Republic Bank could save its bacon, Christine reports, and over on TC+,
PhonePe has raised another $200 million as part of an ongoing round, a deliberation that has now helped it pull $650 million in recent weeks despite the market slump, as the Indian fintech giant bulks up its war chest following the recent separation from the parent firm Flipkart. Walmart, which owns the majority of PhonePe,
Austria’s data protection authority has found that use of Meta’s tracking technologies violated EU data protection law as personal data was transferred to the US where the information was at risk from government surveillance. The finding flows from a swathe of complaints filed by European privacy rights group noyb, back in August 2020, which also
Ember has been a fascinating company to watch. The Los Angeles-based startup entered the scene with a self-heating mug, only to leverage its temperature tech learnings to enter the cold chain space, where it has developed containers for medical supply shipping. I suppose you could say that the firm has returned to its roots with
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