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SoftBank buys perpetual Yahoo trademark license for $1.6 billion

5 years 3 months ago
As firework volleys launched out of New York City harbor last night, a very different celebration was likely taking place just a few blocks down the street at Verizon’s official headquarters in Midtown. The telco, which owns TechCrunch for hopefully just a few more weeks pending the close of the Apollo acquisition of our parent […]
Danny Crichton

Why former Alibaba scientist wants to back founders outside the Ivory Tower

5 years 3 months ago
Min Wanli had a career path much coveted by those pursuing a career in computer science. A prodigy, Min was accepted to a top research university in China at the age of 14. He subsequently obtained Ph.D. degrees in physics and statistics from the University of Chicago before spending nearly a combined decade at IBM […]
Rita Liao

E-commerce logistics startup Locad gets $4.9M seed round led by Sequoia Capital India’s Surge

5 years 3 months ago
E-commerce is booming in Southeast Asia, but in many markets, the fragmented logistics industry is struggling to catch up. This means sellers run into roadblocks when shipping to buyers, especially outside of major metropolitan areas, and managing their supply chains. Locad, a startup that wants to help with what it describes as an “end-to-end solution” […]
Catherine Shu

Tinybird turns raw data into realtime API at scale

5 years 3 months ago
Meet Tinybird, a new startup that helps developers build data products at scale without having to worry about infrastructure, query time and all those annoying issues that come up once you deal with huge data sets. The company ingests data at scale, lets you transform it using SQL and then exposes that data through API […]
Romain Dillet

MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion

5 years 3 months ago
Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever. This growth has translated to an increase in volume across e-commerce platforms all over the world. While there has relatively been no action in Africa […]
Tage Kene-Okafor

India’s Furlenco raises $140 million for its furniture and appliance renting service

5 years 3 months ago
Furlenco, a Bangalore-based startup that operates an eponymous furniture and appliance rental service, said today it has raised $140 million in a financing round as it looks to scale its operations in the South Asian market and explore international market expansion. The new $140 million financing round, a Series D, comprises $120 million debt raise […]
Manish Singh

Didi app pulled from app stores in China after suspension order

5 years 3 months ago
China has ordered app-store operators to remove the app of Didi from their stores, the latest as tension escalates between the nation’s largest ride-hailing giant and local regulators. The app has disappeared from several stores including Apple’s App Store in China, TechCrunch can confirm. The nation’s cyberspace administration, which unveiled the order on Sunday, said […]
Manish Singh

This Week in Apps: iOS 15 public beta arrives, Android App Bundles to replace APKs, app consumer spend hits new record

5 years 3 months ago
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices […]
Sarah Perez

Welcome to hot due diligence summer 

5 years 3 months ago
Wow, that headline worked? A recent board fight at a digital health unicorn is a reminder to entrepreneurs that it’s important to set boundaries, even amid the dizzying volume and velocity of this summer’s deal frenzy. This week I published a scoop about how Bessemer Venture Partners replaced a board member at Hinge Health, after […]
Natasha Mascarenhas

A new ‘digital violence’ platform maps dozens of victims of NSO Group’s spyware

5 years 3 months ago
For the first time, researchers have mapped all the known targets, including journalists, activists, and human rights defenders, whose phones were hacked by Pegasus, a spyware developed by NSO Group. Forensic Architecture, an academic unit at Goldsmiths, University of London that investigates human rights abuses, scoured dozens of reports from human rights groups, carried out […]
Zack Whittaker

Meet Mighty, an e-commerce platform where kids are operating their own storefronts

5 years 3 months ago
Until children reach a certain age, enrichment programs are somewhat limited to school, sports, and camps, while money-making opportunities are largely non-existent. Now, a year-old, L.A.-based startup called Mighty, a kind of Shopify that invites younger kids to open a store online, aims to partly fill the void. In fact, Mighty — led by founders […]
Connie Loizos

Fetch Robotics’ CEO on the company’s acquisition and the future of warehouse robots

5 years 3 months ago
Yesterday, enterprise computing corporation Zebra Technologies announced its plan to acquire Fetch Robotics. The San Jose-based startup has been a mainstay in warehouse and fulfillment robotics for a number of years, offering a modular system designed to automate companies behind the scenes. The full deal is valued at $305 million, with Zebra acquiring the remaining […]
Brian Heater
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19 minutes 18 seconds ago
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