TechCrunch

2021-05-15 17:40    2021-05-15 18:44

Maybe SPACs were a bad idea after all

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.

Leveling the playing field

There is an atmosphere of collaboration, not competition, around the creation of hardware for gamers within the assistive technology community. 

This Week in Apps: Apple talks App Store fraud, responds to antitrust complaints; Facebook growth is

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.

Rocket Lab’s 20th Electron launch ends in failure with the loss of its payload

Rocket Lab flew its 20th Electron mission on Saturday morning, but the launch ran into a significant issue just after its second stage engine ignited. The engine appeared to shut down just after the ignition, which is not what it’s supposed to do,

Amazon launches miniTV, a free video streaming service, in India

Amazon, which already charges some of the world’s lowest charges for Prime Video in India, is going a step further to win more users in the world’s second largest internet market. The e-commerce giant on Saturday launched miniTV,

European AI needs strategic leadership, not overregulation

Proposed EU regulations could cripple AI development in the EU while China and the U.S. leap forward and lead to complete chaos when regulations in various EU bodies start contradicting.

Solana, a blockchain platform followed by top crypto investors, says it’s a lot faster than Ethereum

Solana isn’t known yet outside of the crypto community. But insiders think the blockchain platform is interesting for a wide variety of reasons, beginning with its amiable founder, Anatoly Yakovenko,

Extra Crunch roundup: Selling SaaS to developers, cracking YC after 13 tries, all about Expensify

In an exclusive TechCrunch exposé, a founder shares the key lessons he learned while steering his startup through YC’s stringent selection process.

Daily Crunch: Stripe buys Y Combinator alum Bouncer for undisclosed sum

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Google’s ‘DVD Screensaver’ Easter egg makes the logo bounce around your screen accordingly

It’s been a while since we’ve seen a good Easter egg out of Google. Not too long ago it felt like someone would discover a new hidden gag in Google’s products every few weeks. The company cranked them out like it was their job. While we haven’t seen as many new ones pop up lately, […]

New Relic’s business remodel will leave new CEO with work to do

We decided to dig into the company's financials to see just what challenges Bill Staples might face as he moves into the corner office.

California Gov. Newsom proposes $3.2B in EV investment as part of economic recovery package

California Governor Gavin Newsom, a vocal proponent of electric vehicles, on Friday debuted a new proposal that would earmark $3.2 billion to boost EV infrastructure and adoption in the state. “This is a big deal,” Newsom said at a press conference Friday.

As M&A accelerates, deal-makers are leveraging AI and ML to keep pace

Using AI and ML to cut out the labor-intensive parts of M&A both speeds the process and reduces the time-consuming tasks that lead to burnout in the industry.

Opportunity knocks: Exhibit at TC Sessions: Mobility 2021

No matter what slice of the mobility market you’ve claimed as your own — AVs, EVs, data mining, AI, dockless scooters, robotics or the batteries that will charge and change the world — you won’t find a better place to showcase your extraordinary tech and talent than TC Sessions: Mobility 2021.

Every early-stage startup must identify and evaluate a strategic advantage

Regardless of industry, a successful startup without a strategic advantage is just a validated business model vulnerable to copycat companies looking for a market entry point.

What to expect from Google’s all-virtual I/O

While Apple, Microsoft and the like were scrambling to bring their respective developer conferences online, Google made the executive design to just scrap I/O outright last year. It was a bit of an odd one, but the show went on through news-related blog posts.

Stripe acquires Bouncer, will integrate its card authentication into the Radar fraud detection tool

On the heels of a $600 million fundraise earlier this year, payments giant Stripe has been on an acquisition march to continue building out its business. In the latest development, the company has acquired Bouncer,

5 ways to raise your startup’s PR game

There’s a lot of noise out there. The ability to effectively communicate can make or break your launch.

Facebook loses last ditch attempt to derail DPC decision on its EU-US data flows

Facebook has failed in its bid to prevent its lead EU data protection regulator from pushing ahead with a decision on whether to order suspension of its EU-US data flows.

Deadline extended: Apply to Startup Battlefield at TC Disrupt 2021

When you’re head-down and nose to the grindstone — I’m looking at all you hard-working early-stage startup founders — it’s easy to miss a deadline for an outstanding opportunity. Case in point: competing in Startup Battlefield at TechCrunch Disrupt 2021 in September. We want every game-changing,

The gaming industry needs more than just coders

If you never considered a career in the gaming industry -- or thought that your skill set wouldn’t translate -- know that this expanding job market needs employees from all types of backgrounds.

Prices increase today: Last chance to buy a $99 pass to TC Disrupt 2021

Last call, y’all. Today’s the final day to keep more money in your pocket and still enjoy three opportunity-packed days at TechCrunch Disrupt 2021 on September 21-23. Our super early-bird price — $99 — disappears tonight, May 14 at 11:59 pm (PT). Get your click on,

Edtech stocks are getting hammered but VCs keep writing checks

Similar to how telehealth faced declines as patients returned to in-person care, edtech will face similar drops as schools become a safer option for students and teachers.

Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week

Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security, the third company it has purchased this week. The two companies did not disclose the purchase price. With Kenna,

Hundreds of SPAC’s waiting in the woods

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The fully-vaxxed and officially fully-immune took over the podcast this week, with Natasha and Danny co-hosting the show while the inimitable Alex is out from Shot #2.

Teach AIs forgetfulness could make them better at their jobs

While modern machine learning systems act with a semblance of artificial intelligence, the truth is they don’t “understand” any of the data they work with — which in turn means they tend to store even trivial items forever.

Echelon exposed riders’ account data, thanks to a leaky API

Peloton wasn’t the only at-home workout giant exposing private account data. Rival exercise giant Echelon also had a leaky API that let virtually anyone access riders’ account information. Fitness technology company Echelon, like Peloton, offers a range of workout hardware — bikes, rowers,

Why SPACs aren’t targeting African startups

One. That’s the number of African tech companies that have gone public on the NYSE in the last 10 years. Two, if you’re counting local exchanges. The former is African-focused e-commerce company Jumia and the latter is Egyptian fintech company Fawry. As a tech company,

Fisker and Foxconn sign deal to build electric vehicles

Electric car startup Fisker signed an agreement with Foxconn, the Taiwanese company that assembles iPhones, to co-develop and manufacture a new electric vehicle. Production on the car, which will be sold under the Fisker brand name in North America, Europe, China and India, will begin in the U.S.

Daily Crunch: Lemonade says website security flaw that exposed customer data is ‘by design’

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Substack acquires team from community consulting startup People & Company

New media poster child Substack announced today that they’ve added a small community-building consultancy team to its ranks, acquiring the Brooklyn-based startup People & Company.

Even startups on tight budgets can maximize their marketing impact

A startup’s best marketing asset is its story. The knowledge and expertise of its team, together with the why and the how of its offering provides the most compelling content.

Three students sue coding bootcamp Lambda School alleging false advertising and financial shenanigan

Lambda School has attracted a lot of attention, and raised some $130 million in venture funding from an impressive list of investors, for its novel approach to coding education: offering six-month virtual computer science courses for $30,000,

After another canceled year in the desert, Burning Man plans for a virtual event

Last month,

Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round

Orbital imagery is in demand, and if you think having daily images of everywhere on Earth is going to be enough in a few years, you need a lesson in ambition. Alba Orbital is here to provide it with its intention to provide Earth observation at intervals of 15 minutes rather than hours or days […]

Advanced tax strategies for startup founders

Here are some advanced equity planning strategies that you can implement at different stages of your company life cycle to reduce tax and optimize wealth for you and your family.

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