Skip to main content

TechCrunch

Department of Justice opens investigation into EV startup Lordstown Motors

5 years 3 months ago
Lordstown Motors continues to stumble. The beleaguered electric vehicle startup is now being investigated by the Department of Justice, in addition to an ongoing investigation by the Securities and Exchange Commission. The investigation, first broke by the Wall Street Journal on Friday, is still in its early stages, according to unnamed sources. It is being […]
Aria Alamalhodaei

With $3M seed, Frame streamlines finding a therapist and builds a one-stop shop for private practices

5 years 3 months ago
Therapy is rapidly becoming a standard part of many people’s lives, but 2020 interrupted that trend by nixing in-person sessions and forcing therapists to migrate their entire practice online — and it turns out that’s not so easy. Frame simplifies it with an all-in-one portal for clients and therapists, unifying the listings, tools and management […]
Devin Coldewey

Dutch court will hear another Facebook privacy lawsuit

5 years 3 months ago
Privacy litigation that’s being brought against Facebook by two not-for-profits in the Netherlands can go ahead, an Amsterdam court has ruled. The case will be heard in October. Since 2019, the Amsterdam-based Data Privacy Foundation (DPS) has been seeking to bring a case against Facebook over its rampant collection of internet users’ data — arguing […]
Natasha Lomas

California has no water and lots of liquidity

5 years 3 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Danny, Natasha, and Alex were on deck this week, with Grace on the recording and edit. But, if you want to hear more about Robinhood, this is not the episode for you. If you want to learn more about the consumer fintech […]
Alex Wilhelm

GM is investing in a California lithium extraction project

5 years 3 months ago
General Motors is investing in domestically sourced lithium. The company said Friday it became the first investor in an Australian company’s project to extract the mineral, a critical component of electric vehicle batteries, from the Salton Sea Geothermal Field near Los Angeles. The automaker will have first rights on lithium produced by Controlled Thermal Resources’ […]
Aria Alamalhodaei

India’s Licious raises $192 million for international expansion

5 years 3 months ago
Licious, a Bangalore-based startup that sells fresh meat and seafood online, has raised $192 million in a new financing round as it looks to expand its footprint beyond the South Asian market. The new round — a Series F — was led by Singapore’s investment firm Temasek and Multiples Private Equity. The round, which brings […]
Manish Singh

Swedish gaming firm MTG acquires India’s PlaySimple for $360 million

5 years 3 months ago
Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million, the two firms said Friday. MTG said it will pay 77% of the acquisition sum to Indian game developer and publisher in cash and the rest in company shares. There’s also another $150 million reward put aside if […]
Manish Singh

Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney

5 years 3 months ago
Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model. There are five distinct models, and the one adopted by Nubank, the $30 billion behemoth, is the credit-led model. Neobanks operating this model start by offering […]
Tage Kene-Okafor

Branson aims to beat Bezos to orbit in final stretch of billionaire space race

5 years 3 months ago
Two billionaires are neck and neck in the final sprint to the Kármán line, but Richard Branson may clinch it with a July 11 flight on a Virgin Galactic spacecraft, narrowly beating out Jeff Bezos’s planned July 20 trip aboard a Blue Origin New Shepard capsule. Whoever wins, the real lesson here is that with […]
Devin Coldewey

Twitter tests more attention-grabbing misinformation labels

5 years 3 months ago
Twitter is considering changes to the way it contextualizes misleading tweets that the company doesn’t believe are dangerous enough to be removed from the platform outright. The company announced the test in a tweet Thursday with an image of the new misinformation labels. Within the limited test, those labels will appear with color-coded backgrounds now, […]
Taylor Hatmaker

The 2021 edtech avalanche has just begun

5 years 3 months ago
We are seeing a wave of private companies sweeping across parts of education and training that were previously overseen or funded centrally by governments. This is happening all across the world.
Ram Iyer
Checked
13 minutes 55 seconds ago
TechCrunch
Startup and Technology News
Subscribe to TechCrunch feed