Running a startup accelerator comes with a number of occupational hazards, but “skepticism is the easiest thing to fall into when you’ve seen too many companies,” said Y Combinator President Geoff Ralston, “and it’s the thing you have to avoid the most.” Ralston joined me last week for an hour-long Extra Crunch Live interview where […]
Shares of Uber and Lyft dipped modestly after a California judge granted a preliminary injunction that TechCrunch reports could force the two American ride-hailing companies to reclassify drivers as employees in the state. Uber’s stock is off about 1.3% following the cessation of normal trading hours after dipping around 2% in regular trading. Lyft’s stock […]
Reddit is gearing up to run ads for President Donald Trump ahead of the 2020 presidential election despite concerns from employees, TechCrunch has learned. Reddit CEO Steve Huffman addressed some of these employee concerns during an all-hands meeting last week, viewed by TechCrunch. “I know for many of you, [Trump] is simply a symbol of […]
California Superior Court Judge Ethan Schulman has granted a preliminary injunction forcing Uber and Lyft to reclassify its drivers as employees. This order is set to go into effect in 10 days. “The Court is under no illusion that implementation of its injunction will be costly,” Judge Schulman wrote in the order. “There can be […]
SpaceX has big plans for its Boca Chica, Texas site – where it’s currently building and testing Starship, the company’s next-generation passenger and cargo spacecraft. A new job posting spotted by CNBC’s Michael Sheetz seeks a “Resort Development Manager” to be based out of Brownsville, the nearest neighboring town to the small Boca Chica area […]
The team at DoubleVerify, a company that helps advertisers eliminate fraud and ensure brand safety, said that it’s recently identified a new tactic used by ad fraudsters seeking to make money on internet-connected TVs. Senior Vice President of Product Management Roy Rosenfeld said that it’s harder for those fraudsters to create a legitimate-looking TV app […]
5G is increasingly coming into focus as a set of technologies that has the potential to dramatically expand the quality, bandwidth and range of wireless connectivity. One of the major blocks to actually rolling out these technologies though is simply spectrum: there just isn’t enough of it available for private use. 5G needs spectrum at […]
It wasn't the busiest week in space tech news -- much like a lot of the industry, it feels like we're entering into a bit of a summer doldrums period, when things slow down considerably.
Amazon has amassed at least 1 million subscribers for its Prime loyalty program in India, the e-commerce giant revealed today in a long rundown of how its platform fared during last week’s Prime Day in the world’s second largest internet market. More than a million Prime subscribers in India shopped from small businesses in the […]
Apple’s still-in-beta operating systems will automatically redirect News+ subscribers to the Apple News app when they click on links from a News+ publisher. In other words, if you click or tap on a link to a paywalled story published by a News+ partner — including stories from our own Extra Crunch membership program — iOS […]
Angel funding, seed investing and generally focusing on earlier stage investing is a huge business in the world of startups these days — it helps investors get in early to the most promising companies, and (because of the smaller size of the checks) allows for even the less prolific to spread their bets. There was […]
Hyundai has launched a dedicated EV brand called Ioniq with plans to bring three all-electric vehicles to market over the next four years. The Ioniq brand is part of the Korean automaker’s broader strategy to sell 1 million battery electric vehicles — and take a 10% share of the EV market — by 2025. If […]
Of the big three Apple operating systems, watchOS arguably gets the least love. That goes double in a year that sees macOS getting its biggest overhaul in recent memory. On the whole, the Apple Watch’s software is often overlooked, as smartwatch users tend to focus attention on the addition of new hardware sensors and the […]
We’re excited to announce an update to an existing Partner Perk from design platform Canva . Starting today, annual and two-year members of Extra Crunch can receive 20% off an annual plan for Canva Pro. Canva empowers users to create social media graphics, presentations, posters and other visual content. Featuring a simple drag-and-drop user interface […]
Faraday Future has yet to produce a production vehicle. The company burst out of nowhere in 2015 with wild claims of upsetting the electric vehicle market ruled by Tesla. That hasn’t happened yet, either. Instead, the company has fallen flat with its founder declaring personal bankruptcy, the company losing most of its founding team, and […]
The Polestar 1 is stunning inside and out. But it drives even better than it looks. This is a driver’s car. The Polestar 1 is an electric hybrid sports car, and yet it doesn’t feel like a hybrid. The power plant in the Polestar 1 is fascinating and delivers power in a way that’s different […]
Electric truck maker Nikola announced an order for 2,500 garbage trucks, which sent the startup’s stock soaring today. The order is expected to begin construction in 2023, with on-road testing scheduled for 2022. Republic Services placed the order, which is expandable up to 5,000 trucks. The company is said to be the second-largest recycling and […]
Tech stocks retain their highs as the second quarter’s earnings season begins to fade into the rearview mirror, and there are still a number of companies looking to go public while the times are good. It looks like a smart move, as public investors are hungry for growth-oriented shares — which is just what tech […]
This morning, Mux, a startup that provides API-based video streaming tooling and analytics, announced that it has closed a $37 million Series C round of capital. Andreessen Horowitz led the round, which included participation from Accel and Cobalt. Prior to this funding round, Mux most recently raised a roughly $20 million round in mid-2019. In […]
