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Tesla takes aim at Rivian in lawsuit alleging trade secret theft, poaching talent

6 years 3 months ago
Tesla filed a lawsuit against electric vehicle automaker Rivian and four former employers, on allegations of poaching talent and stealing trade secrets. Bloomberg was the first to report the lawsuit filed in California Superior Court in Santa Clara. Tesla alleges in the lawsuit that Rivian recruits Tesla employees and encourages them to take proprietary information […]

Ann Miura-Ko’s framework for building a startup

6 years 3 months ago
As an early-stage investor, Floodgate’s Ann Miura-Ko looks for two breakthroughs in order to invest in a startup: The first happens in the value-seeking stage of a startup’s journey and the second occurs in its growth-seeking phase. “There are really two stages to building a company,” Miura-Ko said at the TechCrunch Early Stage virtual event […]

After ad revenue drop, Twitter tells investors it’s eyeing subscription options

6 years 3 months ago
After reporting Q2 earnings that showed a marked dip in ad revenue, Twitter has said its exploring alternatives — dangling the possibility of a subscription option. Earlier today the social media giant reported ad revenues of $562M, down almost a quarter (23%) on a year ago — saying that the pandemic and “civil unrest” leading […]

TikTok unveils $200 million fund for U.S. creators

6 years 3 months ago
TikTok today announced a $200 million fund, aimed at helping top creators in the U.S. supplement their earnings, and potentially coax the next Charli D’Amelio out of the woodwork. Called the TikTok Creator Fund, the money is aimed at helping “eligible” creators on the platform earn a livelihood, it said. Eligible for now is defined […]

IObeya raises $17M to digitize management planning processes like Agile

6 years 3 months ago
As we move deeper into the pandemic, companies are looking for ways to digitize processes that previously required in-person meetings with manual approaches. Investors appear to be rewarding companies that can achieve this. IObeya, a French company that helps digitize management planning processes like lean and agile, announced a $17 million Series A today. Red […]

Daybreak Health launches online mental health therapy for teens amid the pandemic’s mental health crisis

6 years 3 months ago
Working with a team of ten trained mental health clinicians, the Y Combinator -backed startup Daybreak Health is working with Bay Area high schools to provide mental health support for teens.  Alex Alvarado, Siddarth Cidambi, and Luke Mercado, the three co-founders of Daybreak Health, either worked with startups in the health care industry or consulted on […]

Fox Sports is adding ‘virtual fans’ to empty baseball stadiums

6 years 3 months ago
The Toronto Blue Jays may not have a home yet this season, but one thing’s for sure: Plenty of teams are going to be playing in the uncanny valley this year. The spectacle of a major league baseball team playing in front of an empty stadium has some precedent from places like Korea, Taiwan and […]

Facebook raises its Zoom game, lets Messenger Rooms broadcast via Live

6 years 3 months ago
Zoom has run away with the prize in the last few months for becoming the video calling platform of choice for people confined to their homes, whether they are making work calls or friend calls. No one really talks about “Teamsing up” (“Skyping,” perhaps?), or “Hangoutsing” or “Meeting“, or indeed “Roomsing.” But many people talk […]

SpaceX and NASA target September for first operational astronaut crew launch

6 years 3 months ago
SpaceX and NASA are aiming to launch the first official operational mission of the SpaceX Crew Dragon human-rated spacecraft sometime in September, the agency revealed via a media update this week. The launch had been tracking towards an August date, but the updated timeframe indicates “late September,” allowing time for the completion of the current […]

Understanding Hippo’s valuation in a post-Lemonade IPO world

6 years 3 months ago
Startups that fit under the broad umbrella of insurance technology are having quite a year. In early 2020, insurtech marketplaces raised hundreds of millions of dollars, and as the year continued, more insurtech startups saw their fortunes rise. But these busy and lucrative recent quarters are perhaps best demonstrated by Lemonade’s IPO. The rental and […]
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