After weeks of on-and-off speculation, Nvidia this evening confirmed that it intends to buy chip design giant Arm Holdings for a total of up to $40 billion from existing owner SoftBank, which bought the company for $32 billion in 2016. The boards of all three parties have approved the outline of the deal. SoftBank could […]
One thing I’ll say for in-person events: they compelled companies to cram in a lot of news. After all, if you’re going to ask an auditorium full of people to travel from around the country — or world — you want to give them a lot of bang for their buck. Samsung did manage that […]
The classic model of enterprise sales (the relationship building, the big client dinners, the baseball games, etc) was upended in the 2010s. New approaches like inside sales offered better leverage for salespeople, better metrics to track performance, and a more assured funnel that helped SaaS companies drive efficient revenue growth. That foundation shows up directly […]
We simply can’t wait. Disrupt 2020 officially kicks off tomorrow morning at 9am PT, but there are so many exciting features in this show — from the speaker lineup to the Startup Battlefield competition to the wide variety of features included in this new virtual format — that we simply can’t wait to go live. […]
A graphic video of a man dying by suicide on Facebook Live has spread from there to TikTok, Twitter, Instagram and now YouTube, where his image ran alongside ads and attracted thousands more views. Do what they will, these platforms can’t seem to stop the spread, echoing past failures to block violent acts and disinformation. […]
Are you ready to experience a Disrupt event like no other? Thousands of attendees from around the world, an all-star lineup of tech icons, movers, shakers and unicorn makers. Opportunities around every corner just waiting to be discovered. Are we amped up at the thought of what will transpire over the next five days? Heck […]
We’re on the brink of the biggest Disrupt in TechCrunch history. It’s five days of education, exhibition, competition and connection that spans the globe. As you plan your schedule, keep this in mind: You’ll find some of the most insightful and downright interesting programming at Disrupt 2020 in our Breakout Sessions. And that, given our […]
While the big deal we have been tracking the past few weeks has been TikTok, there was another massive deal under negotiation that mirrors some of the international tech dynamics that have plagued the consumer social app’s sale. Arm Holdings, which is the most important designer of processor chips in smartphones and increasingly other areas, […]
Elon Musk has shared some details about future testing of Starship, the SpaceX launch vehicle currently being developed by the company at its Boca Chica, Texas, facility. Recently, SpaceX has completed short, 150-meter (just under 500 feet) test flights of two earlier Starship prototypes, SN5 and SN6. SN8, whose construction is currently set to be […]
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. This week we’re taking a look at the bad side of the cloud software market. Tech and software stocks are struggling.
Happy Disrupt 2020 Eve, startup fans! It’s been a crazy mad dash to transform our annual flagship San Francisco event at Moscone Center into the first all-virtual Disrupt (thanks, COVID-19). Then again, going global seems an appropriate way to celebrate 10 years of Disruption. It all starts tomorrow with a pre-show session to explain how […]
Welcome back to This Week in Apps, the TechCrunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People are now spending three hours and 40 minutes per day […]
Disney’s live-action remake of “Mulan” comes with some serious baggage. First, the film has drawn political controversy for its star’s statements in support of the action Hong Kong police against protestors, as well as the fact that “Mulan” was partly filmed in the Xinjiang region, where the Chinese government has held Muslim ethnic minorities in detention […]
Alameda-based rocket launch startup Astra finally got the chance to launch its first orbital test mission from its Alaska-based facility on Saturday, after the attempt had been delayed multiple times due to weather and other issues. The 8:19 PM PT lift-off of Astra’s ‘Rocket 3.1’ test vehicle went well – but the flight ended relatively […]
David Chao, the cofounder of the cross-border venture firm DCM, speaks English, Japanese, and Mandarin. But he also knows how to talk to founders. It’s worth a lot. Consider that DCM could see more than $1 billion from the $26.4 million it invested across 14 years in the cloud-based business-to-business payments company Bill.com, starting with […]
Alex Zajaczkowski was just months into her role at Toast, a restaurant point-of-sale software company, when she was let go during COVID-19 layoffs. Toast, last valued at $5 billion, cut 50% of its staff through layoffs and furloughs. Zajaczkowski said she started applying for jobs within a week. “I think I got on the boat […]
While the coronavirus has accelerated the dealmaking pace for many early-stage startups, activity has not come without adaptation. Remote investment struggles for investors were clear from the get go: it’s challenging to invest millions in someone you have never met, and there’s not a lot to learn from “off-the-cuff” conversations that are calendared days in […]
Apple’s making App Store changes, China might stop TikTok’s acquisition and we talk to Polish venture capitalists about the startup scene. This is your Daily Crunch for September 11, 2020. The big story: Apple revises App Store rules Apple announced a bunch of changes to its App Store guidelines today, with details about how it […]
