Byron Deeter is not backing down from his optimism about the cloud and the end of the COVID-19-induced wave of software buying doesn’t have him too worried. Of course, Deeter is an investor at Bessemer, a venture capital concern that has done well betting on the cloud, so you might expect him to stay a […]
In a deal that has potentially big implications for the sustainability of consumer packaged goods, biomaterial manufacturing technology developer Genomatica and the massive nylon material manufacturer Aquafil have partnered on a new demonstration scale facility. Nylon-6 is used to make everything from toothbrush bristles to pantyhose and industrial materials like carpeting and other heavy-duty fabrics. […]
HuffPost has a new owner, with its current parent company Verizon Media reaching an agreement to sell the site to BuzzFeed. The Wall Street Journal broke the news and described this as a stock deal. Verizon Media is also making an investment in BuzzFeed and becoming a minority shareholder in the digital media company. The deal […]
Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year. In short, the company is now largely profitable. Lime said it was both operating cash flow positive and free cash flow positive in the third quarter — a first — […]
Facebook’s battle against misinformation will never be over at this rate, but that doesn’t mean the company has given up. On the contrary it is only by dint of constant improvement to its automated systems that it is able to keep itself even remotely free of hate speech and misinformation. CTO Mike Schroepfer touted the […]
President-elect Joe Biden may have spent eight years in an administration that doted on the tech industry, but that long honeymoon, punctuated by four years of Trump, looks to be over. Tech is on notice in 2020. The Russian interference saga of the 2016 election opened the floodgates for social media’s ills. The subsequent years […]
Astra is set to launch it’s next orbital rocket, with a window that opens on December 7 and lasts for 12 days following, until December 18, with an 11 AM to 2:30 PM PT block each day during which the launch could occur, depending on weather and conditions on the ground. This is the startup’s […]
General Motors said it will spend $27 billion over the next five years on the development of electric vehicles and automated technology, a 35% increase that exceeds the automaker’s investment in gas and diesel and is an effort to bring products to market faster. More than half of GM’s capital spending and product development team […]
Apple and Verizon today announced a new partnership that will make it easier for their business partners to go all-in on 5G. Fleet Swap, as the program is called, allows businesses to trade in their entire fleet of smartphones — no matter whether they are currently a Verizon customer or not — and move to […]
Advertising drives the modern digital economy. Whether it’s reading news sites like this one or perusing your social media feeds, advertising is the single most important industry that came out of the development of the web. Yet, for all the tens of billions of dollars poured into online advertising just in the United States alone, […]
T-minus two days and counting. That’s how much time you have left to score early-bird passes to TC Sessions: Space 2020. If you’re part of this global startup community, don’t miss a two-day deep dive focused on the intrepid visionaries pushing the boundaries of technology and forging the future of space. And don’t miss the […]
Google and Nvidia both had some news about their respective cloud gaming service today. Let’s start with Nvidia. GeForce Now is now available on the iPhone and the iPad as a web app. The company says it’s a beta for now, but you can start using it by heading over to play.geforcenow.com on your iOS […]
Although COVID-19 is surging in the United States and around the world, Warner Bros. still plans to release “Wonder Woman 1984” on Christmas Day — but its plans are are no longer limited to a theatrical release. Director Patty Jenkins and star Gal Gadot both posted tweets last night announcing that in in the United […]
Microsoft announced a few updates to its Edge browser today that are all about shopping. In addition to expanding the price comparison feature the team announced last month, Edge can now also automatically find coupons for you. In addition, the company is launching a new shopping hub in its Bing search engine. The timing here […]
Google has updated its flagship iPhone apps with support for home screen widgets, a new feature of iOS 14. The company announced today it’s rolling out new widgets for Gmail, Google Drive, Google Fit and soon, Google Calendar and Google Chrome, in order to put useful information on the home screen or to provide quick […]
Last night Affirm filed to go public, herding yet another unicorn into the end-of-year IPO corral. The consumer installment lending service joins DoorDash and Airbnb in filing recently, as a number of highly valued, venture-backed private companies look to float while the public markets are more interested in growth than profits. TechCrunch took an initial […]
Space Force is at a critical part of its young life, and Gen. John W. “Jay” Raymond leads the service forward as its commanding officer. We’re thrilled to have him join us for a fireside chat at our TC Sessions: Space event on December 16 & 17. Since its founding in 2019, Gen. Raymond quickly […]
Niko Bonatsos Contributor Share on Twitter Niko Bonatsos is a managing director at General Catalyst Partners. More posts by this contributor As VCs enroll the startup class of 2016, it’s RIP for ‘me too’ companies I’ve long said that I don’t care where you come from, if your name is hard to say, or you […]
Autodesk, the U.S. publicly listed software and services company that targets engineering and design industries, acquired Norway’s Spacemaker this week. The startup has developed AI-supported software for urban development, something Autodesk CEO Andrew Anagnost broadly calls generative design. The price of the acquisition is $240 million in a mostly all-cash deal. Spacemaker’s VC backers included […]
As strange as they are, you would be forgiven for getting about the existence of Echo Frames. Amazon announced the smart glasses among a deluge of Alexa-focused products at an event last year that also included an even stranger smart ring. The experimental product was Day 1 Edition device — meaning it was available to […]