Long-running German audio company Sennheiser today announced that it has found a buyer for its consumer brand. Swiss holding company Sonova — a giant in the hearing aid business — will be acquiring the brand in a deal expected to close by end of year. The deal will bring headphones and sound bars to Sonova’s […]
Sensor data from smartphones and wearables can meaningfully predict an individual’s ‘biological age’ and resilience to stress, according to Gero AI. The ‘longevity’ startup — which condenses its mission to the pithy goal of “hacking complex diseases and aging with Gero AI” — has developed an AI model to predict morbidity risk using ‘digital biomarkers’ […]
Long before the multimillion-dollar acquisitions and funding rounds pushed autonomous vehicles to the top of the hype cycle, Karl Iagnemma and Chris Urmson were researching and, later, developing the foundations of the technology. These pioneers — Iagnemma coming from MIT, Urmson from Carnegie Mellon University — would eventually go on to launch their own autonomous […]
Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and also providing them with insurance coverage as the top e-commerce platform in India looks to maintain cordial relationships with more than 300,000 sellers who are facing severe disruption amid an unprecedented rise in the spread of coronavirus infections in the South […]
“I feel the need — the need for speed.” That could be the official mobility startup founder credo, amirite? Speed and agility are important, but don’t move so quickly that you miss the chance to save $100 on a pass to TC Sessions: Mobility 2021 on June 9. We’ve extended our early-bird price for just […]
Credit Karma Money, a new checking and savings account from the company best known for its credit monitoring service, recently launched a significant new feature. Called Instant Karma, the program rewards users by randomly refunding purchases. So far, since launching the feature, Credit Karma says it has rewarded 100,000 transactions, worth $5 million. I spoke […]
The drastic approach I took to recovering our company is often referred to as a “full reset" -- the old company is essentially annihilated and a new company is formed from the remaining pieces.
TechCrunch Disrupt — it’s the must-attend conference for anyone and everyone connected to the global startup community. Don’t miss your chance to attend TC Disrupt 2021, on September 21-23, for less than $100. That’s a tidy little bottom-line booster, yes? Three opportunity-packed days can be yours at the super early-bird price — just $99 — […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The whole team was aboard for this recording, with Grace and Chris behind the scenes, and Danny, Alex and Natasha on the mics. We had to cut more than we included this week, which should give you a […]
Income-share agreements, or ISAs, are a way to bring flexibility to the often steep financial costs of higher education. The financial model allows a student to learn at zero upfront cost, and then pay any costs through a percentage of future income over time. While the model has caught fire from a variety of trade […]
The Biden Administration has reportedly proposed significant changes to the capital gains tax, aiming to target the wealthiest Americans to help fund his historic aid programs.
SpaceX is fresh off a high for its Starship spacecraft development program, but according to CEO Elon Musk, it’s already looking ahead to potentially repeating its latest success with an unplanned early reusability experiment. Earlier this week, SpaceX flew the SN15 (i.e. 15th prototype) of its Starship from its development site near Brownsville, Texas, and […]
GajiGesa, a fintech startup that provides earned wage access (EWA) and other services for workers in Indonesia, has added strategic investors to help it launch new services and expand its user base. Its new backers include OCBC NISP Ventura, the venture capital arm of one of Indonesia’s largest banks, and the founders of grab-and-go coffee […]
Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest-ever regulation on electronic cigarettes. Myst Labs, a Chinese e-cigarette maker co-founded in 2019 by Chenyue Xing, […]
Coinbase shares tumbled today to their lowest point since the company began trading publicly on April 14. The market often moves in mysterious ways, but several drivers could be at play, including Coinbase’s high opening price at the time of its direct listing, its reliance on margins that are all but certain to drop owing […]
SoftBank has picked its bet in China’s flourishing industrial robotics space. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of scenarios, said it has notched close to 100 million yuan ($15.47 million) in its latest funding round led by SoftBank Ventures Asia, the Seoul-based early-stage arm of the global investment behemoth. […]
