China is a step closer to cracking down on unscrupulous data collection by app developers. This week, the country’s cybersecurity watchdog began seeking comment on the range of user information that apps from instant messengers to ride-hailing services are allowed to collect. The move follows in the footstep of a proposed data protection law that […]
Like many overseas Chinese, Derek Weng gets shopping requests from his family and friends whenever he returns to China. Some of the most wanted imported products are maternity items, cosmetics and vitamin supplements. Many in China still uphold the belief that “imported products are better.” The demand gave Weng a business idea. In 2018, he […]
OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm also launched a new office in Shanghai, China to spearhead its growth in the Asia Pacific region. OTV currently has a total of 11 companies […]
An executive order was just issued from the White House regarding “the Use of Trustworthy Artificial Intelligence in Government.” Leaving aside the meritless presumption of the government’s own trustworthiness and that it is the software that has trust issues, the order is almost entirely hot air. The EO is like others in that it is […]
Joe White MBE — a general partner of Entrepreneur First, a Greylock-backed early-stage deep tech fund — is leaving after being appointed as Her Majesty’s Consul-General, San Francisco, and Technology Envoy to the United States in a new, combined and powerful, role for the U.K. government. One of the key figures from the last two […]
Google fires a leading researcher, Stripe launches a new banking service and WarnerMedia shakes up the theatrical business model. This is your Daily Crunch for December 3, 2020. The big story: Google fires co-lead of its Ethical AI team Timnit Gebru, a leading researcher in the field of ethics and artificial intelligence, tweeted last night […]
It's a great time to be a gamer — I mean, what else is there to do? And with the prospect of a long winter and lonely holiday season ahead of us, here's a list of games on all the major platforms that you can really sink your teeth — and a few dozen hours — into.
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. We’re back with not an Equity Shot or Dive of Monday, this is just the regular show! So, we got back to our roots by looking at a huge number of early-stage rounds. And a […]
Latin America’s startup scene has attracted troves of venture investment, lifting highly-valued companies such as Rappi and NuBank into behemoth businesses. Now that the spotlight has arrived, those same startups need more talent than ever before to meet demand. That’s where one seed-stage Buenos Aires startup wants to help. Henry has created an online computer […]
Esports One, a startup bringing the fantasy approach to esports, is announcing that it has raised an additional $4 million in funding. When I first wrote about Esports One in April, co-founder and COO Sharon Winter described it as the first “all-in-one fantasy platform” in the esports world, allowing you to research players, create fantasy […]
I believe building a successful proptech company is less about anticipating economic upswings and markets and more about timing and taking advantage of the right technological trends.
Just a few weeks back, we learned that Apple would be launching an “App Store Small Business Program” that would reduce its fees from 30% to 15% for developers earning less than $1 million per year from the App Store. That program is starting to roll out now, with Apple opening up the enrollment process […]
Fintech startup Stripe has announced an ambitious new product today called Stripe Treasury. The company is partnering with banks to offer a banking-as-a-service API. In other words, Stripe clients will be able to provide bank accounts to their customers — the service is invite-only for now. This is part of a bigger trend called embedded […]
Advancements in the tech and the cyber threat landscape are creating vast job opportunities. The global cybersecurity market is projected to reach £210 billion by 2026. But in the U.K., out of 952,000 working-age (16-64) U.K. military veterans and 15,000 service leavers a year, only 4% of them are working in tech and cyber. This […]
Twitter is shutting down its experimental app twttr, which the company had used publicly to prototype new features back in 2019. The app was first introduced at the Consumer Electronics Show in January 2019, then launched to testers that March. Its primary focus had been on trying out new designs for threaded conversations, including things […]
Following last month’s news that “Wonder Woman 1984” will be released simultaneously on HBO Max and in U.S. theaters, Warner Bros. and its parent company WarnerMedia just announced that they will follow the same strategy with every theatrical release they have planned for 2021. That includes movies like “Godzilla vs. Kong,” “Mortal Kombat,” “In the […]
Bill Gates, the co-founder of Microsoft and one of the world’s richest men and most prolific philanthropists, has just released a broad new plan on how the U.S. could take the lead in the fight against climate change. “[We] need to revolutionize the world’s physical economy—and that will take, among other things, a dramatic infusion […]
NASA has selected the winning candidates that they’ve decided to tap to collect lunar resources for eventual Earth return. The four companies all have rides booked on future commercial lunar lander missions, and the agency is using this as a demonstration of what kinds of efficiencies it can realize by piggybacking on private industry for […]
Thoma Bravo must really like Flexera, an IT asset management company out of Chicago. The private equity firm bought the company for the second time today. Sources told TechCrunch the price was $2.85 billion. Technically, Thoma Bravo is getting a majority stake in the company, buying it from previous owners TA Associates and Ontario Teachers’ […]
