Finding out how many Black founders have successfully raised venture capital, and which venture capital firms invested in their startups hasn’t been an easy task, historically. Venture capital data is often diceable by stage, say, or by startup type. But if you wanted to know how many Black founders a particular firm had invested into, […]
LogBox, a South African medical data startup that bills itself as an “absolutely secure” way of replacing paper forms for sharing patient data with doctors, has exposed user accounts and patient data following a security lapse. Security researcher Anurag Sen found an exposed database belonging to the company containing account access tokens for thousands of […]
When the inventor of AWS Lambda, Tim Wagner, and the former head of blockchain at AWS, Shruthi Rao, co-found a startup, it’s probably worth paying attention. Vendia, as the new venture is called, combines the best of serverless and blockchain to help build a truly multi-cloud serverless platform for better data and code sharing. Today, […]
In 10 years, Tesla has gone from public market newbie to the most valuable automaker in the world by market value. The electric automaker had long since passed the valuations of Ford and GM and in January became the most valuable U.S. automaker ever when its market cap hit $81.39 billion. Still, a few automakers […]
How many government demands for user data has Zoom received? We won’t know until “later this year,” an updated Zoom blog post now says. The video conferencing giant previously said it would release the number of government demands it has received by June 30. But the company said it’s missed that target and has given […]
Kevin Mayer, the chief executive of TikTok said on Wednesday that the popular short-form video app complies with “all data privacy and security requirements under Indian law,” two days after New Delhi banned 59 apps including Mayer’s citing security concerns. Addressing TikTok’s 2000 employees in India on Wednesday, Mayer said ByteDance, the parent firm of […]
Bluedot, a geofencing and location data startup used by companies like Dunkin’, KFC and McDonald’s, is announcing that it has raised $9.1 million in Series B funding. The San Francisco-headquartered company claims that its technology its 20 times more accurate than competing solutions — something that CEO Emil Davityan attributed to its roots in the […]
Luckin Coffee’s drips and drops of news the past few weeks — including a boardroom feud that is pitting the company’s chairman against a special investigation committee looking into an alleged massive fraud — is now turning into a flood. Luckin Coffee will unluckin’ly delist from Nasdaq following fraud allegations In a new SEC filing […]
Jason Geter, who previously co-founded Grand Hustle Records, told me that he’s looking to “redefine what a record label is today” with his new startup Heavy Sound Labs. Geter said he sees Heavy Sound — which is part of startup studio Science Inc. — as an extension of the work he’s been doing for decades: […]
Databases have always been a complex part of the equation for developers requiring a delicate balance to manage inside the application, but Fauna wants to make adding a database a simple API call, and today it announced $27 million in new funding. The round, which is technically an extension of the company’s 2017 Series A, […]
Women have long had the short end of the stick when it comes to employment, regularly finding themselves struggling to break through the glass ceiling for promotions and on average getting paid less than their male counterparts. That situation often gets compounded when the woman in question is a parent, balancing the needs of professional […]
In the wake of the COVID-19 pandemic, remote working has become the name of the game for knowledge workers in the tech industry. Today, a startup that was an early mover on the opportunity of that model is announcing some news to double down on the concept. Andela, the New York startup that helps tech […]
Spotify today announced it is expanding Premium Duo, a feature that allows two people who live at the same place — say couples or flatmates — to share one subscription plan while maintaining their own individual accounts, to dozens of new markets. Premium Duo is a remarkable concept from Spotify, which it first began testing […]
More personnel changes in European early-stage VC, this time it’s the latest career move of former Spotify global director of marketing Sophia Bendz, who is leaving Atomico to join Berlin’s Cherry Ventures. TechCrunch understands that the full Atomico staff are being informed of Bendz’ departure at an all-hands currently taking place. Her stated reason for […]
Like other ride-hailing companies, Bolt has been suffering from the coronavirus-related lockdown and economic downturn around the world. But the company is trying to find another revenue stream by launching electric bikes in Paris. Bolt plans to launch a similar service in other European capitals this year. For the past couple of weeks, the only […]
Beyond Meat is starting to hit supermarket shelves in China after it first entered the country in April by supplying Starbucks’ plant-based menu. Within weeks, it had also forayed into select KFC, Taco Bell, and Pizza Hut outlets — all under the Yum China empire. China, the world’s biggest market for meat consumption, has seen […]
When in 2010, former VC Michael Kim set out to raise a fund that he would invest in a spate of micro VC managers, the investors to which he turned didn’t get it. Why pay Kim and his firm, Cendana Capital, a management fee on top of the management fees that the VC managers themselves […]
Facebook’s recently launched app, Hobbi, an experiment in short-form content creation around personal projects, hobbies, and other Pinterest-y content, is already shutting down. The app first arrived on iOS in February as one of now several launches from Facebook’s internal R&D group, the NPE Team. Hobbi users have now been notified by way of push […]
Lyft’s self-driving vehicle division has restarted testing on public roads in California, several months after pausing operations amid the COVID-19 pandemic. Lyft’s Level 5 program said Tuesday some of its autonomous vehicles are back on the road in Palo Alto and at its closed test track. The company has not resumed a pilot program that […]
TransferWise, the London-headquartered international money transfer service recently valued at $3.5 billion, has secured an additional license with U.K. regulators to enable it to offer investment products in the future. This will mean that U.K. customers who have money deposited in a TransferWise multi-currency or so-called “borderless” account will be given the option to make […]
