The home ownership rate in Vietnam is about 90%, but many millennials are struggling to join that number. Rising property prices in cities, coupled with a lack of financing options, mean more people have to delay buying their first homes unless they have family support. Part of Y Combinator’s latest batch, Homebase was founded in 2019 […]
There is tremendous potential in the Middle East for adtech startups and digital marketing agencies. Although consumers there used to prefer traditional advertising, the internet took over in 2020.
BBG Ventures, an eight-year-old, New York-based seed- and early-stage venture firm that only backs founding teams which feature at least one woman, just locked down $50 million in capital for its third fund, a major leap over its first two funds, both sized at $10 million. One determining factor in the bigger fund is that […]
Tech executives face Congress, Spotify gets a redesign and Snapchat is developing a new Remix feature. This is your Daily Crunch for March 25, 2021. The big story: Zuckerberg defends Facebook over role in Capitol attack Facebook’s Mark Zuckerberg, Twitter’s Jack Dorsey and Google’s Sundar Pichai appeared at a hearing today with the House Energy […]
If Congress wants to write laws that effectively regulate companies like Facebook, Google and Twitter, it needs to change the ways it interacts with those companies, because these hearings ain’t it. They’re a waste of everyone’s time, and no one is even pretending otherwise. To truly put Big Tech on the spot, future hearings need […]
Porsche has added its first all-electric vehicle, the Taycan sports sedan, to its subscription and short-term rental program as part of a broader expansion that aims to build a new customer base of U.S. owners. The German automaker said Thursday it is also expanding the Porsche Drive subscription and rental programs to five more cities […]
Twitter CEO Jack Dorsey got called out by Rep. Kathleen Rice (D-NY) for tweeting during today’s congressional hearing on disinformation and extremism. The tech exec’s tweet was likely expressing frustration with the format of the hearing, which once again saw the tech CEOs forced to boil down their answers to complicated questions into simple “yes” […]
Matt Salzberg, who co-founded and served as CEO of meal kit startup Blue Apron until 2017, is back in the startup business with a new venture studio called Material. Along with Salzberg, Material is led by partners Andy Salamon (formerly a general partner at Atomic Labs who backed Hims and Terminal) and Danielle David Parks […]
It might seem like everyone and their mom is selling a non-fungible token (NFT) these days, but Pussy Riot co-founder Nadya Tolokonnikova is one of the few strategizing beyond the hype cycle. The NFT market is just getting started, but where is it headed? “I’ve been using cryptocurrency before this,” Tolokonnikova told TechCrunch, noting Pussy […]
On Wednesday, a coalition of a dozen state attorneys general called on Facebook and Twitter to step up their enforcement of their community guidelines to curtail the spread of COVID-19 vaccine misinformation on their platforms. Their letter specifically identified 12 “anti-vaxxer” accounts that were responsible for a sizable 65% of public anti-vaccine content on Facebook, […]
In an interview with Reuters six days after the attack on the U.S. Capitol, Facebook Chief Operating Officer Sheryl Sandberg infamously downplayed her company’s role in the day’s horrific events, which left five people dead. “I think these events were largely organized on platforms that don’t have our abilities to stop hate and don’t have […]
Electric vehicle manufacturers are pushing back against a decision to delay penalty increases for automakers who fail to meet fuel efficiency standards. A lobbying group representing legacy automakers — many of whom are now making substantial investments in zero-emissions vehicles — said the increase would have a significant economic impact during a time when the […]
While it's not likely that we'll be driving around wearing VR headsets anytime soon, in-car AR is already changing the way we travel, and it promises to continue to evolve.
One of the challenges that some would-be TikTok rivals have faced is that they often lack the same robust set of content creation tools, like filters, effects and tools for repurposing others’ content — like TikTok’s Stitch and Duet, for example. It now appears that Snapchat is working to correct that latter problem, however, as […]
Austin-based home lab testing kit startup Everlywell is expanding its scope considerably with two acquisitions, and a transformation that includes the establishment of a new parent company led by Everlywell CEO and co-founder Julia Cheek. The new entity, called Everly Health, will now offer services including at-home lab testing kits and education, population-scale testing through a […]
Design and marketing consultancy R/GA is expanding its Venture Studios program with the launch of a new Coalition Venture Studio focused specifically on supporting Black-led and Black-owned startups. The initiative is led by R/GA Entrepreneur in Residence Davyeon Ross, a Black entrepreneur who founded sports analytics company ShotTracker. The startup (which is backed by TechCrunch’s […]
A startup from Europe is joining the race to become the first big provider of lab-grown fish. Bluu Biosciences has raised €7 million in a round of financing from investors including Manta Ray Ventures, Norrsken VC, Be8, CPT Capital and Lever VC to compete with a host of startups like BluNalu, Wild Type and Shiok […]
New York State officials struck a deal with Gov. Andrew Cuomo to allow recreational use of cannabis. The move would create the largest legal cannabis market on the East Coast, potentially creating tens of thousands of jobs and significant startup opportunities. This is a big first step, though the first sale of recreational weed is […]
Baking operational flexibility, agility and speed into your startup’s DNA from the get-go will go a long way toward driving your ultimate success. Understanding its importance and learning best practices might seem daunting, but TC Early Stage 2021: Operations and Fundraising (April 1-2), is all about connecting early-stage founders with subject-matter experts across the startup […]
