One of President Trump’s former top political advisors was arrested in connection with a crowdfunding scheme to build a U.S. border wall, according to charges unsealed by federal prosecutors Thursday. Steve Bannon is one of four individuals named in the indictment who now face charges for conspiracy to commit money laundering and conspiracy to commit […]
You’d be hard pressed to hang out with a designer and not hear the name Figma . The company behind the largely browser-based design tool has made a huge splash in the past few years, building a massive war chest with more than $130 million from investors like A16Z, Sequoia, Greylock, Kleiner Perkins and Index. […]
Volkswagen has started series production of the ID.4, an all-electric SUV and the first under the automaker’s new ID label to be headed to the United States. Series production of the ID.4 kicked off Thursday at the company’s Zwickau factory in Germany ahead of the vehicle’s world premiere that is scheduled for September. The ID.4 […]
Lyft is planning to suspend its ridesharing operations in California beginning tonight at 11:59 pm PT, unless it receives a stay from the Court of Appeals today. “We don’t want to suspend operations,” Lyft wrote in a blog post. “We are going to keep up the fight for a benefits model that works for all […]
Startups are rebounding. Venture capitalists are open for business. And during the pandemic, the pace of dealmaking has not slowed down. But how is this new era of uncertainty impacting underrepresented founders? Has startup-land become more inclusive, or do warm intros still dictate who gets a meeting and the way a deal closes? To talk […]
Apple is well known for picking up smaller startups on the hush-hush to augment its business, and today news leaked out about the latest of these… nearly two years after the fact. Sometime between 2018 and 2019, the iPhone giant reportedly acquired and shut down Camerai, an augmented reality and computer vision company based out […]
Blue Origin and the members of its “national team” — Lockheed Martin, Northrop Grumman and Draper — have delivered a full-scale engineering prototype of their human lunar lander to NASA for the agency to examine and review as it readies to build the real thing for eventual use in NASA’s Artemis program moon missions. The […]
George Sehremelis is building what he calls a “social news network,” with the aim of combating the spread of misinformation and fake news online. “My goal has always been to make an impact on the 2020 election,” Sehremelis told me — a tall order, particularly when the big social networks are struggling to solve these […]
Yalochat, a five-year-old, Mexico City-based conversational commerce platform that enables customers like Coca-Cola and Walmart to upsell, collect payments and provide better service to their own customers over WhatsApp, Facebook Messenger and WeChat in China, has closed on $15 million in Series B funding led by B Capital Group. Sierra Ventures, which led a $10 […]
Airbnb has been implementing measures to help limit hosting of unauthorized parties at listings booked through its platform, and today it implemented the strictest of all: a global ban on all parties and events. This includes an occupancy cap of 16 guests max at even the largest of the listings available on its platform, and […]
Budget-strapped students, this post is for you. We have a limited number of discount passes to Disrupt 2020 for $125 a pop. Buy your student pass now, before one of two things happen. One, we run out of tickets. Two, the price on any remaining passes increases on September 13. Insert sad face emoji here. […]
Vertical farming technology provider iFarm has bagged a $4 million seed round, led by Gagarin Capital, an earlier investor in the startup. Other investors in the round include Matrix Capital, Impulse VC, IMI.VC and several business angels. The Finnish startup is focused on providing software that enables others to carry out vertical farming — targeting […]
For startups not selling tier-one software, the next few quarters could be rough. For startups selling must-have delivered code, it's going to be a damn hot year.
Lightning and a massive heatwave have contributed to raging wildfires in Northern California. By last count, some 11,000 lighting strikes caused hundreds of blazes n a 72 hour period — 26 of which have been classified as major fires, according to officials. The fires have grown to around 124,000 acres, threatening some 25,000 structures in […]
Target announced today its grocery pickup service is available nationwide. First introduced earlier this summer in the Midwest, Target said it would soon roll out grocery pickup services across the U.S., reaching 1,500 stores in a matter of months. Today, Target says it has reached that goal, which equates to nearly 85% of its locations. […]
When space launch startup Firefly’s first planned orbital flight takes off in November, it’ll carry an experimental payload developed by engineers from Purdue University: A drag sail that’s designed to haul a rocket back to Earth once it’s fulfilled its mission and deployed its cargo. Safely deorbiting a spent launch vehicle would mean one less […]
DoorDash is announcing that customers can now order groceries through the DoorDash app from partners including Smart & Final, Meijer and Fresh Thyme. Additional stores like Hy-vee and Gristedes/D’Agnostino are supposed to be added in the next few weeks. Through these partnerships, DoorDash says it has a delivery footprint covering 75 million Americans in markets […]
FINRA’s AI Report is particularly interesting for fintechs since it explores how firms are deploying AI as well as the agency's expectations for AI oversight.
The promise of SaaS has always been about taking tedious, expensive manual tasks and finding a way to build a platform to automate them. Cobalt.io is doing that with pentesting, the process of testing an application for security vulnerabilities before it goes out the door. Today, the startup announced a $29 million Series B led […]
Ready for our first virtual TC Sessions Mobility 2020? As we like to say, it’s not just one long webinar. We’re creating the quality production levels you’d expect from our IRL events (thanks, technology). This session spans two days — October 6-7 — to give you more time to take in the speakers, the interviews, […]
