Salesforce has spent about $3 million in the last year to adjust compensation and bonuses for eleven percent of its employees, bringing the total spent on closing the wage gap to about $6 million since 2015. The adjustments went into effect at the beginning of the month. Salesforce employs more than 25,000 people worldwide. Of the eleven percent of employees affected (~2,750), 68% were women… Read More
Data Collective (DCVC) is bringing Dr. John Cumbers, the founder of synthetic biology platform SynBioBeta and setting him up with his own biotech fund for pre-seed and seed stage startups, aptly called the DCVC SynBioBeta Fund. DCVC co-managing partner Matt Ocko, who spoke to TechCrunch about the new development didn’t have an exact number set aside for the new fund but did mention… Read More
WhatsApp may be about to introduce peer-to-peer payments in India, its largest market with over 200 million users. A report from The Ken, an India-based subscription media company that we recently profiled, claims that WhatsApp plans to use UPI, a cross-bank payment system backed by the government, to begin enable payments between users within the next six months. “India is an… Read More
Sometimes you just look at a photo and think “that would make the perfect header for a millennial-run online store for artisanal, handcrafted goods.” That’s true for basically every photo I could find at Shopify’s new Burst stock photo site, which offers all images it contains completely royalty-free, under the Creative Commons Zero license, which means you can basically… Read More
If you were on the internet in a certain era, you remember McAfee. It was the defensive line between you and the rest of the internet, reminding you with incessant popups that you were not hacked, not quite yet, but only if you renewed your subscription right away. Then Intel bought the firewall company in 2010 for an eye-popping $7.68 billion and billed it as Intel Security, and the name… Read More
Redfoo, formerly from LMFAO, joins us on the show to talk tech, Product Hunt launches Ask Product Hunt, Tesla is now worth more than Ford and Apple is dumping Imagination Technologies because they no longer wish to use their IP. All this on Crunch Report. Read More
Sonos makes some of the best whole-home wireless audio gear I’ve used, bar none. I’ve tried Bluetooth and Zigbee models, wired and unwired gear, and nothing comes close to Sonos’ ease-of-use and reliability. It is, in short, the Jobs-era Apple of consumer audio – everything just works and if it doesn’t Sonos will have a fix eventually. So it comes as no surprise… Read More
Blackstorm Labs, a startup that’s working to build technology that brings developers tools to get out games and apps more quickly through HTML5, today said it is working with Rakuten to build a new entity called R Games that will serve as a hub for games in Japan and Asia. Blackstorm Labs has been working with Rakuten for some time on the project, which was rumored last November, but it… Read More
TL;DR: Cloudera’s recent IPO filing shows a company with steep losses and rapid revenue growth. Today we’ll examine Cloudera’s finances and where it fits into the current IPO universe. Why do we care? The Cloudera IPO could impact a host of other forthcoming debuts from companies that are also running in the red. Read More
Corporate identities! We love ’em. But boy is it hard to come up with good ones. Sounds like we decided to go with “Oath: A Verizon Company.” We already have a post, but I just did a focus group with myself and this is what I discovered. Read More
It’s official: the president has signed a resolution reversing rules passed last year that would have, among other things, provided strong protections against internet providers collecting and selling your browsing history. Read More
A few years back, Adobe and Google teamed up to launch a new open-source font for Chinese, Japanese and Korean (CJK) languages. Today, the two companies are expanding on this project with the launch of a serif CJK font. Adobe calls this new font Source Han Serif, while Google calls it Noto Serif CJK. Read More
When we first wrote about Chowbotics, their salad-making robot stirred a bit of controversy. The company promises to bring nutritious dining options to offices that don’t have a big cafeteria and budget to employ full-time chefs. But their robot, Sally, threatens to put a number of people out of work. Chowbotics Executive Chairman Rich Page gives us his thoughts. Read More
Verizon’s long-promised Yahoo acquisition has a name. And it, for some reason, is Oath. AOL CEO Tim Armstrong acknowledged the strange new branding on Twitter earlier today after word leaked out that the four-letter word was set to become the love child of the forthcoming AOL-Yahoo merger. Read More
You may be familiar with FCC Chairman Pai as the Trump-appointed monster working to dismantle your internet freedom and security, but that’s not really how it is. Pai is certainly on the unpopular side of the net neutrality debate, but in the matter of connecting underserved communities to the internet, he is sincere, as a couple of recent items on the FCC docket show. Read More
Google X’s raison d’être is embracing far-out ideas, so it’s no surprise, really that former director Mike Cassidy is wading into the decidedly choppy and always controversial waters of nuclear energy. Read More
Newly-released documents from Google’s October arbitration against Anthony Levandowski, one of the leads of its self-driving car project who abruptly left to launch his own startup Otto in January last year, allege that the talented engineer worked on competing projects for years before leaving Google. Google also brought arbitration against another Otto co-founder who, like Levandowski,… Read More
Entrepreneur-investor Kevin Rose is relinquishing his role as CEO of Hodinkee, a New York-based site for wristwatch enthusiasts, and moving back to California. According to a newly published Medium post, Rose will work as a venture partner at the early-stage venture firm True Ventures. Read More
Ryan Holiday made his bones as a PR guy and then revolted against the industry in his tell-all book Trust Me, I’m Lying and then, after much soul-searching, came to embrace the ancient philosophy of stoicism. His latest work, including Ego Is The Enemy, are handbooks for the modern startup stoic. This week I talked to Holiday about his books and how stoicism can help us all calm down… Read More
Iyzico, the Turkish fintech startup to let e-commerce sites and other apps easily accept online payments, has closed $15 million in a Series C round, $12 million of which was announced earlier this year. Read More
