The Trump administration Huawei ban is sure to have wide-ranging and long lasting effects for all parties. In the meantime, it seems, a number of those involved in the periphery are treading lightly in hope of not burning bridges on either side. Google has taken accidental center stage, in its role providing Android and a
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Joanna Glasner Contributor More posts by this contributor Some reassuring data for those worried unicorns are wrecking the Bay Area From lab-grown meat to fermented fungus, here’s what corporate food VCs are serving up We can make charts galore about the tech IPO market. Yet none of them diminish the profound sense that we are
It’s been a long night at VivaTech. The building hosted a very special competition — the TechCrunch Hackathon in Paris. Hundreds of engineers and designers got together to come up with something cool, something neat, something awesome. The only condition was that they only had 36 hours to work on their projects. Some of them
Disney’s in charge of Hulu now, but that’s not the end of the story — it’s the start of a massive shift in streaming platforms. Studios are going to start trying to make …
Revenue-based financing is on the rise, at least according to Lighter Capital, a firm that doles out entrepreneur-friendly debt capital. What exactly is RBF you ask? It’s a relatively new form of funding for tech companies that are posting monthly recurring revenue. Here’s how Lighter Capital, which completed 500 RBF deals in 2018, explains it:
Shares of Luckin Coffee jumped 20% in its first day of trading on the Nasdaq stock market. After opening at $17.00, shares of the Chinese Starbucks competitor climbed as high as $25.96, or more than 50%, before settling back down to $20.38 at the market’s close. The company has a market cap north of $5
DNA Script has raised $38.5 million in new financing to commercialize a process that it claims is the first big leap forward in manufacturing genetic material. The revolution in synthetic biology that’s reshaping industries from medicine to agriculture rests on three, equally important pillars. They include: analytics — the ability to map the genome and
In an age of online misinformation and clickbait, how do you know whether a publication is trustworthy? Startup Credder is trying to solve this problem with reviews from both journalists and regular readers. These reviews are then aggregated into an overall credibility score (or rather, scores, since the journalist and reader ratings are calculated separately). So
We take a look at what American explorer Victor Vescovo found when he became the first person to reach the deepest part of the ocean in a new submersible …
Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kate Clark sat down with Eric Yuan, the founder and CEO of video communications startup Zoom, to go behind the curtain on the company’s recent IPO process and its path
Shares of Fastly, the service that’s used by websites to ensure that they can load faster, have popped in its first hours of trading on the New York Stock Exchange. The company, which priced its public offering at around $16 — the top of the estimated range for its public offering — have risen more
Last week, SoftBank Group Corp. — Masayoshi Son’s holding company for his rapidly expanding collection of businesses — reported its fiscal year financials. There were some major headlines that came out of the news, including that the company’s Vision Fund appears to be doing quite well and that SoftBank intends to increase its stake in
It’s a busy time for Postmates . The logistics and delivery company is prepping for its IPO on the back of a fresh $100 million raise in February. However, founder and CEO Bastian Lehmann is still carving out some time from his schedule to join us at Disrupt San Francisco in October. Before Postmates, Lehmann
A few manufacturers have managed to buck global trends. Can 5G and foldables turn things around for the rest? Brian Heater @bheater / 20 hours Earlier this month, Canalys used the word “freefall” to describe its latest reporting. Global shipments fell 6.8% year over year. At 313.9 million, they were at their lowest level in
European restaurant delivery giant Deliveroo this morning announced that Amazon would be gobbling up a share in the company by leading a new $575 million round of funding in it. But it looks like the e-commerce giant may be facing a little indigestion ahead. Tom Watson, MP and deputy leader of the Labour Party, today
When your game tops 100 million players, your thoughts naturally turn to doubling that number. That’s the case with the creators, or rather stewards, of Minecraft at Microsoft, where the game has become a product category unto itself. And now it is making its biggest leap yet — to a real-world augmented reality game in
Health at Scale, a startup with founders who have both medical and engineering expertise, wants to bring machine learning to bear on healthcare treatment options to produce outcomes with better results and less aftercare. Today the company announced a $16 million Series A. Optum, which is part of the UnitedHealth Group, was the sole investor.
We downloaded about 10 hours of video in under 5 minutes and sped past 1Gbps download speeds in our downtown Chicago field tests. This was a …
Tutor House, a U.K.-based startup that operates a marketplace to let parents find an online or in-person tutor for their children, has raises £2 million in funding. Backing the round, the first for the young company, is Fuel Ventures, the London-based VC and startup builder set up by Mark Pearson of MyVoucherCodes fame. Fuel Ventures
For the third year as president, France’s president Emmanuel Macron talked to the French tech ecosystem at VivaTech in Paris. This time, he used this opportunity to defend his policies so far and say that tech startups have nearly everything they need to succeed Frichti’s Julia Bijaoui, TransferWise’s Flora Coleman, OpenClassrooms’ Pierre Dubuc, Vinted’s Thomas
Amazon is taking a slice of Europe’s food delivery market after the U.S. e-commerce giant led a $575 million investment in Deliveroo . First reported by Sky yesterday, the Series G round was confirmed in an early UK morning announcement from Deliveroo, which confirmed that existing backers including T. Rowe Price, Fidelity Management and Research
Apple’s iPhone XR sequel may bring one major design change, along with a new paint job in 2019. What colors do you want to see in the 2019 iPhone line-up?
Premium smartphone manufacturers have moved the needle on pricing, but 2019 may well go down as a kind of golden age for budget flagships. Apple, Google and Samsung are all in that business now, and OnePlus has once again shown the world how to offer more for less. And then there’s the new ZenFone. It’s
Retail Zipline, a startup aiming to improve communication between retail stores and corporate decision makers, announced today that it has raised $9.6 million in Series A funding. CEO Melissa Wong previously worked in corporate communications for Old Navy, where she said she saw “such a disconnect between what was decided in headquarters and what was
Reports emerged a year ago that all the major cellular carriers in the U.S. were selling location data to third-party companies, which in turn sold them to pretty much anyone willing to pay. New letters published by the FCC show that despite a year of scrutiny and anger, the carriers have only recently put an
Freelance marketplace Fiverr has filed to go public on the New York Stock Exchange. The company, which is headquartered in Tel Aviv, is losing money — its net losses grew from $19.3 million in 2017 to $36.1 million in 2018. At the same time, revenue grew by nearly 45 percent, from $52.1 million to $75.5
With 5G, when it rains, it pours. A few hours after Verizon officially started selling the Samsung Galaxy S10 5G, Sprint announced that it will be offering two 5G devices for its network by the end of the month. For now, it still feels like manufacturers are putting the cart before the horse here. There’s
Good morning from CNET NY Studios while we record the daily news-bite podcast: The 3:59. Hangout while we cover a multitude of stories from around the tech …
MultiVu, a Tel Aviv-based startup that is developing a new 3D imaging solution that only relies on a single sensor and some deep learning smarts, today announced that it has raised a $7 million seed round. The round was led by crowdfunding platform OurCrowd, Cardumen Captial and Hong Kong’s Junson Capital. Tel Aviv University’s TAU
Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so Singapore’s Vertex Ventures, a VC backed by sovereign wealth fund Temasek, today announced a first close of $230 million for its newest fund, the firm’s fourth to date. Vertex raised $210
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