TechCrunch

Amidst the sturm und drang of l'affaire GameStop, the cloud software vendor received a warm welcome from public investors.

After enduring a day’s worth of taking a beating across social media, government, and the various app stores of the mobile world, Robinhood took to its own blog and CEO’s Twitter account to explain why it had halted trading of some stocks earlier today. That Robinhood had restricted trading in a number of securities was bombshell […]

The GameStop short squeeze saga caught the attention of Congress Thursday morning and that buzz is already panning out into hearings on the topic. Rep. Maxine Waters (D-CA), chairwoman of the House Committee on Financial Services, announced plans for an investigation into the situation, pointing to a history of “predatory conduct” from hedge funds. Waters […]

An early Snapchat employee who once architected the “Our Stories” product, Chloë Drimal, has now launched her own social app, Yoni Circle. Described as a membership-based community, the app aims to connect womxn using storytelling — including through both live video chat sessions as well as with pre-recorded stories that are available at any time. […]

With better access to capital and worldwide talent, there will be further opportunities outside Silicon Valley to scale and create a new wave of solutions to solve today’s cybersecurity problems.

Few tech sectors had more to gain from the events of 2020 than home fitness. Interest in the category was swift, as gyms were declared one of the bigger problem areas amid the worldwide spread of COVID-19. Suddenly home workouts were more than just luxury. For YC-backed Aviron, it was the ideal time to pivot. […]

Three of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run on stocks including GameStop (GME) and AMC, among others, have removed all restrictions on their exchange by their users. M1, Webull and Public had restricted transactions for the affected stocks earlier […]

Have you built your total addressable market (TAM) and serviceable addressable market (SAM) estimates for 2021 considering how things evolved in 2020?

Coinbase plans to go public by way of a direct listing, the company announced in a blog post today. The cryptocurrency exchange was founded in 2012 and allows users to buy and trade decentralized tokens like bitcoin and ethereum. The company has raised over $540 million in funding as a private company. Last month, the […]

According to a new report in the WSJ, WeWork, the co-working juggernaut that saw its attempt at a public offering blow up in spectacular fashion in the fall of 2019, might become a publicly traded company by merging with a blank-check company. Specifically, says the WSJ, the New York-based outfit has been “weighing offers from […]

Twitter only announced its acquisition of newsletter platform Revue two days ago, but the company has already begun to integrate the product into the Twitter.com website. It appears “Newsletters” will soon be the newest addition to Twitter’s sidebar navigation, alongside Bookmarks, Moments, Twitter Ads and other options. The company is also readying a way to […]

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. This week the team — Natasha and Danny and Alex and Grace — recorded a bonus Equity Shot to help our listeners make sense out of the GameStop trading bonanza happening all over the internet. The story is fast-moving and news continues to break (twice […]

I’m very excited to announce Arlan Hamilton, founder and managing partner of Backstage Capital, will be joining us in a fireside chat at TC Sessions: Justice on March 3. Backstage Capital has raised more than $12 million to invest in more than 150 companies led by people of color, women and/or LGBTQ founders, including Spora […]

Apple’s CEO Tim Cook has urged Europe to step up privacy enforcement in a keynote speech to the CPDP conference today — echoing many of the points he made in Brussels in person two years ago when he hit out at the ‘data industrial complex’ underpinning the adtech industry’s mass surveillance of Internet users. Reforming […]

Aditya Vishwanath, the founder of Inspirit, wants to bring the creativity associated with Minecraft to the day-to-day schoolwork of students around the world. “These students are coming from TikTok and playing Roblox games [that are] highly interactive and highly engaging,” he said. “Then, they’re coming to the classroom and watching a 20-minute lecture from a […]

Urban-X, the accelerator launched by the venture capital fund Urban US and BMW’s MINI subsidiary to invest in companies that primarily address sustainable and resilient living in the cities of the future, has launched its latest cohort. This ninth cohort of companies are coming to market at a time when the world’s largest investors are […]

GGV Capital, the now 20-year-old venture firm that has long invested primarily in the U.S. and China, just closed on a whopping $2.52 billion in fresh capital commitments across four new funds, it announced this morning. Much of the money will be invested through the firm’s eighth flagship fund, which has $1.5 billion to plug […]

SPACs are going to be the tool needed to bring clean tech up to par with sectors such as healthcare. It’s a development that will benefit all of us.

It’s safe to project a rebound for the industry at large in 2021.

With Reddit’s interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning. Reddit wasn’t happy — and neither are some lawmakers. The incident apparently struck an unusual bipartisan chord, with Texas Republican Ted Cruz throwing his weight behind progressive Democrats who called out […]