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Why is SAP spinning Qualtrics out via an IPO?

6 years 3 months ago
Over the weekend, software giant SAP announced that it will take Qualtrics public, with the German software company retaining a majority stake in the Utah-based “experience management” firm after its forthcoming debut. SAP paid $8 billion in cash for Qualtrics back in 2018, right before the smaller firm was set to go public. Chatting with […]

Equity Monday: SAP, Qualtrics and oh boy are we excited

6 years 3 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can […]

Moderna’s 30,000-participant Phase 3 COVID-19 vaccine trial kicks off in the US

6 years 3 months ago
The largest trial yet for a potential COVID-19 vaccine began on Monday, as drug company Moderna began providing the first of an anticipated 30,000 volunteers with shots of its candidates. This is a blind trial, wherein some participants will get the vaccine and some will get placebos. Each participant will get two doses, and researchers […]

Tire Agent, with a new financing platform, raises $5 million

6 years 3 months ago
Tire Agent, an Entrepreneurs Roundtable Accelerator-backed startup that is looking to bring the tire industry into the 21st century, has today announced the close of a $5 million funding round led by American Family Ventures, with participation from ERA, Sidekick Fund, NY Angels and HBS Angels. According to Consumer Reports, the average tire costs about […]

Ford to use Boston Dynamics’ dog-like robots to map their manufacturing facilities

6 years 3 months ago
Ford is going to employ two of Boston Dynamics’ “Spot” robots, which are four-legged, dog-like walking robots that weigh roughly 70 lbs each, to help them update the original engineering plans for one of the transmission manufacturing plants. The plants, Ford explains, have undergone any number of changes since their original construction, and it’s difficult […]

cargo.one gets $18.6M to take its air freight booking platform over the pond

6 years 3 months ago
Berlin -based cargo.one, which runs a marketplace for booking air freight, has closed an $18.6 million Series A round of funding led by Index Ventures. Next47 and prior backers Creandum, Lufthansa Cargo and Point Nine Capital also participated in the round, along with a number of angel investors — including Tom Stafford of DST Global […]

India bans 47 apps cloning restricted Chinese services

6 years 3 months ago
India, which blocked 59 apps developed by Chinese firms late last month on the grounds that they pose a threat to nation’s security, has banned an additional 47 apps. The nation’s Ministry of Electronics and IT’s new ban order, issued on late Friday according to a person familiar with the matter, is aimed at those apps […]

SAP will spin out its $8B spin-in Qualtrics acquisition

6 years 3 months ago
Well, this isn’t a story you see every day. Less than two years after German software giant SAP snatched experience management platform Qualtrics for $8 billion days before the startup’s IPO debut, it has now decided to spin out the company in a brand new IPO. SAP agrees to buy Qualtrics for $8B in cash, […]

Imint is the Swedish firm that gives Chinese smartphones an edge in video production

6 years 3 months ago
If your phone takes amazing photos, chances are its camera has been augmented by artificial intelligence embedded in the operating system. Now videos are getting the same treatment. In recent years, smartphone makers have been gradually transforming their cameras into devices that capture data for AI processing beyond what the lens and sensor pick up […]

Startups Weekly: What education do you need to build a great tech company?

6 years 3 months ago
The easy startup ideas have all been done — the ones that just required some homebrew hardware hacking or PHP dorm-room coding to get off the ground. These days, you might need multiple advanced technical degrees to accomplish something significant. At least that's what Danny Crichton muses grimly this week, in an essay entitled "The two PhD problem of startups today." Here's one newsy example:

Garmin global outage caused by ransomware attack, sources say

6 years 3 months ago
An ongoing global outage at sport and fitness tech giant Garmin was caused by a ransomware attack, according to two sources with direct knowledge of the incident. The incident began late Wednesday and continued through the weekend, causing disruption to the company’s online services for millions of users, including Garmin Connect, which syncs user activity […]

Tech at Work: Black gig workers speak out, Uber’s commitment to being anti-racist and Facebook’s diversity report

6 years 3 months ago
Welcome back to Tech at Work, a bi-weekly roundup and analysis of labor, and diversity and inclusion in tech.  This week, we’re looking at Uber’s anti-racism commitment, Shipt shoppers walking off the job, Facebook’s diversity report and Black gig workers organizing against tech companies. Also, hear from CODE2040 CEO Karla Monterroso on tech’s response to […]

Building your startup’s customer advisory board

6 years 3 months ago
A customer advisory board (CAB) can be an invaluable resource for startups, but many founders struggle with putting together the right group of advisors and how to incentivize them. At our TechCrunch Early Stage event, Saam Motamedi, a general partner at Greylock Partners, talked about how he thinks about putting together the right CAB. “We […]
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