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Weed stocks are hitting new highs after Biden win

5 years 11 months ago
Cannabis was a big winner from the results of the United States’ election, and industry stocks are soaring on both the voting results and recent earnings. Companies such as Canopy Growth Corporation, Tilray, and Aurora Cannabis are seeing their valuations pop in pre-market trading as good news for the industry adds up. Some companies are […]

Positive vaccine news punishes pandemic-boosted companies like Zoom, Peloton, Etsy

5 years 11 months ago
Stock markets worldwide are soaring on news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. This is upending the stock market, sending futures shares shooting higher in pre-market trading. But while the euphoria is helping sectors that have taken punishment during COVID-19, […]

What’s all this about Europe wanting crypto backdoors?

5 years 11 months ago
A press report emerged over the weekend claiming European lawmakers who are worried about terrorism are speeding towards a ban on end-to-end encryption. Spoiler: It’s a little more nuanced than that. Read on for our break down of what’s actually going on…  Is Europe about to ban E2E Encryption? No. A report in the Austrian […]

Apple places supplier Pegatron on probation over labor conditions

5 years 11 months ago
Apple has suspended new business with supplier Pegatron after the Taiwan-based original equipment manufacturer misclassified student workers. Apple also said Pegatron broke its Code of Conduct for suppliers. In a statement provided to Bloomberg, Apple said, “Pegatron misclassified the student workers in their program and falsified paperwork to disguise violations of our Code, including allowing […]

Tim Berners Lee’s startup Inrupt releases Solid privacy platform for enterprises

5 years 11 months ago
Inrupt, the startup from World Wide Web founder Tim Berners-Lee, announced an enterprise version of the Solid privacy platform today, which allows large organizations and governments to build applications that put users in control of their data. Berners-Lee has always believed that the web should be free and open, but large organizations have grown up […]

Human Capital: The gig economy in a post-Prop 22 world

5 years 11 months ago
Welcome back to Human Capital and congrats on making it through one of the hardest weeks of the longest year. Now that the Associated Press has called the election in favor of Joe Biden, it should be good news for DEI practitioners, who expressed some worry they’d be out of a job if Trump was […]

Here comes the next IPO wave

5 years 11 months ago
This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. You can sign up for the email here. Are you tired? I am. What a week. But, if you kept your eyes off American politics and instead focused on the stock market, this was not a week […]

Joe Biden wins the 2020 US presidential election

5 years 11 months ago
Following a tense week of vote tallying, Joe Biden won the state of Pennsylvania and vaulted ahead in the race to become the next president of the United States. Biden’s win in the critical state put him over the threshold of 270 electoral votes, cutting off all avenues for his opponent. Biden prevailed by flipping […]

Long concerned about climate change, VC Steve Westly is feeling electrified

5 years 11 months ago
A former CFO of the state of California, Steve Westly is passionate about government. The onetime eBay exec and early Tesla board member has also been a proponent of clean energy for roughly 30 years, so he’s feeling optimistic right now, with former U.S. VP Joe Biden amassing a growing number of electoral votes and […]

Daily Crunch: Netflix tests a linear video channel

5 years 11 months ago
Netflix takes an old-fashioned approach for its latest feature, Amazon plans a new data center in India and we review the PlayStation 5. This is your Daily Crunch for November 6, 2020. The big story: Netflix tests a linear video channel Today in surprising product strategies: Netflix is testing a linear channel in France called […]

Startups making meat alternatives are gaining traction worldwide

5 years 11 months ago
Startups that produce lab-grown meat and meat substitutes are gaining traction and raising cash in global markets, mirroring a surge of support food tech companies are seeing in the United States. New partnerships with global chains like McDonald’s in Hong Kong, the launch of test kitchens in Israel and new financing rounds for startups in […]

Provizio closes $6.2M seed round for its car safety platform using sensors and AI

5 years 11 months ago
Provizio, a combination hardware and software startup with technology to improve car safety, has closed a seed investment round of $6.2million. Investors include Bobby Hambrick (the founder of Autonomous Stuff); the founders of Movidius; the European Innovation Council (EIC); ACT Venture Capital. The startup has a “five-dimensional” sensory platform that — it says — perceives, […]
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