This Thursday, Apple will mark the opening of a new store in downtown Los Angeles. The space occupies the newly renovated Tower Theatre, which opened in DTLA’s Broadway Theater District in 1927. Among other milestones, the 900-seat theater was the first in LA to be wired for the talkies, hosting a premier of “The Jazz […]
Amazon’s purchase of MGM must pass the scrutiny of the FTC, newly chaired by prominent Amazon critic Lina Khan, The Wall Street Journal has reported. While the $8.45 million merger is not likely to be stopped, it may provide early indicators of how the agency is revising its approach to mega-corporations consolidating multiple industries with […]
Max Q is a weekly newsletter from TechCrunch all about space. Sign up here to receive it weekly on Mondays in your inbox. This week, China started staffing up its own space station, and Rocket Lab got the nod from NASA to develop small satellites for the purposes of exploring Mars. Meanwhile, space startups continue […]
While Amazon's marketplace has proved a boon for businesses trying to get off the ground, many successful companies are now looking beyond the fences, spurred by a desire to compete on their own terms.
In Twitter’s latest appeal to one-up competitors, from Clubhouse to Patreon, the company announced today that it will begin rolling out applications for Super Follows and Ticketed Spaces. Twitter first teased the Super Follow feature during an Analyst Day event in February. Super Follows allow creators on Twitter to generate monthly revenue by offering paywalled […]
One of the country’s most powerful unions, the International Brotherhood of Teamsters, confirmed today that it plans to make a nationwide push to unionize Amazon warehouse workers and drivers. And it won’t be a gentle one. The news was first reported by Motherboard, which obtained a video and resolution announcing the effort. As the organization […]
Hey, you there — early-stage founders. Yes, you. TC Early Stage 2021: Marketing & Fundraising, our mini master class in entrepreneurship, is right around the proverbial corner. And by mini we mean it’s just two days — July 8-9. There’s nothing mini about the expert advice, information and actionable tips you’ll glean from attending this […]
Mercedes-Benz has used the “best or nothing” tagline to market its vehicles for the last 21 years. To ensure its 2021 Mercedes-Benz S580 sedan ticks that “best” box, the German automaker has loaded its flagship vehicle with technology, including an infotainment system that learns to anticipate its owner’s needs, some new rear-steering tricks and upgrades […]
It's imperative that entrepreneurs sharpen and maintain their mental health while slogging through fundraising. It takes two things: prevention and awareness.
Meet Airbank, a startup that is taking advantage of open banking regulation and related APIs to aggregate all your bank accounts. Focused on startups and small and medium companies, the company wants to build an all-in-one banking interface to access financial data, initiate payments, manage cash flow and more. Airbank just raised a $3 million […]
Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., a Chinese blank-check firm affiliated with the country’s largest state-owned investment conglomerate. The deal, which puts an implied valuation on Quanergy at $1.4 billion, is expected to close in the second half […]
India’s antitrust watchdog has ordered an investigation into allegations that Google has abused the dominant position of Android in the country’s smart TV market. The news comes hours after the European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector. In its initial review, the Competition […]
The future of work is long on long-distance, and today a startup that’s built a platform to help organizations hire global talent and build out those remote workforces is announcing a round of funding on the heels of strong growth. Oyster — which provides tools to help with hiring, onboarding, payroll, benefits and salary management […]
Vantage, a service that helps businesses analyze and reduce their AWS costs, today announced that it has raised a $4 million seed round led by Andreessen Horowitz. A number of angel investors, including Brianne Kimmel, Julia Lipton, Stephanie Friedman, Calvin French Owen, Ben and Moisey Uretsky, Mitch Wainer and Justin Gage, also participated in this […]
Pro-privacy browser Brave, which has been testing its own brand search engine for several months — operating a waitlist where brave (ha!) early adopters could kick the tyres of an upstart alternative in Internet search — has now launched the tool, Brave Search, in global beta. Users interested in checking out Brave’s non-tracking search engine, […]
With as much seed capital as there is in the market today, we talked to investors about startups raising later Series As than before, while Series B rounds can happen incredibly rapidly.
We’ve chronicled, in great detail, the many layers of technology, services and solutions that have been wrapped around the world of education in recent years — and especially in the last year, which became a high watermark for digital learning tools because of COVID-19. Today, a startup called Merlyn Mind is coming out of stealth […]
The conversation on founder pay is changing for the better. We've gathered insights from founders and VCs and narrowed down the most important factors and benchmarks to guide your decision.
In 2017, Paul Hawken published a book compiling a set of concrete actions people could take to combat climate change called The Climate Drawdown. Inspired by this, Seth Bannon, founding partner at Fifty Years, a firm that provides seed funding for companies aiming to make the world a better place, decided to do something similar […]
Zeller, a Melbourne-based fintech founded by former Square executives to serve small- to mid-sized businesses, has raised $50 million AUD (about $37.5 million USD) led by Spark Capital, the investment firm whose portfolio also includes Twitter, Slack and Coinbase. Zeller’s valuation is now $400 million AUD (about $301 million USD). The funding included participation from […]