Today’s your last day to score early-bird pricing on tickets to TC Sessions: Robotics + AI 2020, which takes place on March 3. If you want to keep $150 in your wallet, beat the deadline and buy your ticket here before the clock strikes 11:59 p.m. (PT) tonight! Our one-day conference dedicated to robotics and
Month: January 2020
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into One Medical’s IPO pricing, especially as it relates to the company’s valuation and resulting revenue multiples. Our goal this morning is to understand how the IPO process priced One Medical last
Twitter has confirmed it has temporarily suspended the account of controversial rightwing commentator, Katie Hopkins. The move was reported earlier by the BBC. Hopkins, a former MailOnline columnist and presenter on LBC radio, is a veteran of the social media platform, joining Twitter just under a decade ago — and using it amplify her brand of
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Arvind Krishna will replace Ginni Rometty as IBM CEO in April Krishna, IBM’s senior vice president for cloud and cognitive software,
After opening an office in the city last year, Indian ride-hailing firm Ola said it would officially begin operations in London on February 10. London is one of the world’s biggest markets for ride-hailing services, and the expansion is a key development in Ola’s international strategy as the company widens its competition with Uber, another
Lip-syncing app Dubsmash was on the brink of death. After a brief moment of virality in 2015 alongside Vine (R.I.P), Dubsmash was bleeding users faster than it could recruit them. The app let you choose an audio track like a rap song or movie quote and shoot a video of you pretending to say the
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As One Medical looks to become the first venture-backed company to price its IPO in 2020 this afternoon and Casper aims to price its own shares next Wednesday, the market is gearing up for a
The Bouqs plans to take a slice of Japan’s $6 billion flower market this year with a $30 million strategic growth round from Japanese enterprise business investor Yamasa. While The Bouqs still must compete with bigger contenders like 1-800-Flowers and FTD in the U.S., it will now have to take on incumbents like Ayoma Flower
A social media boosting startup, which bills itself as a service to increase a user’s Instagram followers, has exposed thousands of Instagram account passwords. The company, Social Captain, says it helps thousands of users to grow their Instagram follower counts by connecting their accounts to its platform. Users are asked to enter their Instagram username
OpsRamp, a service that helps IT teams discover, monitor, manage and — maybe most importantly — automate their hybrid environments, today announced that it has closed a $37.5 million funding round led by Morgan Stanley Expansion Capital, with participation from existing investor Sapphire Ventures and new investor Hewlett Packard Enterprise. OpsRamp last raised funding in
Skymind Global Ventures (SGV) appeared last year in Asia/US as a vehicle for the previous founders of a YC-backed open-source AI platform to invest in companies that used the platform. Today it announces the launch of an $800 million fund to back promising new AI companies and academic research. It will consequently be opening a
Y Combinator graduate OpenPhone is raising a $2 million funding round led by Slow Ventures. The company is working on an app that lets you seamlessly get a business phone number without a second phone or a second SIM card. Y Combinator, Kindred Ventures, Garage Capital, 122WEST Ventures and others are also participating in today’s
In 1998, the startup company Illumina launched a revolution in the life sciences industry by developing technology to slash the costs of identifying and mapping genetic material. Now, a little over 20 years later, Mammoth Biosciences is hoping to do the same thing for gene editing tools. The company, co-founded by Jennifer Doudna, who did some
Insticator, a startup helping publishers add elements like polls, quizzes and suggested story widgets to their content, has made its first acquisition — a commenting platform called Squawk-It. Insticator CEO Zack Dugow said his platform benefits online publishers by keeping audiences engaged and bringing in new ad revenue (which is split between Insticator and the
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook hits 2.5B users in Q4 but shares sink from slow profits In its latest quarterly earnings report, Facebook said it
Red Hat CEO Jim Whitehurst to be president Ron Miller 9 hours IBM announced today that the Board of Directors has elected IBM Senior Vice President for Cloud and Cognitive Software Arvind Krishna to replace current CEO Ginni Rometty. He will take over on April 6th after a couple of months of transition time. Rometty
Avast has made a huge business out of selling antivirus protection for computers and mobile devices, but more recently it was revealed that the Czech-based cybersecurity specialist was also cultivating another, more controversial, revenue stream: harvesting and selling on user data, some of which it amassed by way of those security tools. But as of
On the same day that a Mississippi family is suing Amazon -owned smart camera maker Ring for not doing enough to prevent hackers from spying on their kids, the company has rolled out its previously announced “control center,” which it hopes will make you forget about its verifiably “awful” security practices. In a blog post
The European parliament has voted overwhelmingly for tougher action to reduce e-waste, calling for the Commission to come up with beefed up rules by July 2020. Specifically, the parliament wants the Commission to adopt the delegated act foreseen in the 2014 Radio Equipment Directive by that deadline — or else table a legislative measure by the
During the Federal Aviation Administration (FAA)’s 23rd annual Commercial Space Transportation Conference in Washington, D.C., one panel focused on the changing regulatory environment when it comes to private launch activities, and how those are integrated into existing rules and practices for managing commercial air transportation. Panelist Caryn Schenewerk, SpaceX senior counsel and senior director of
The venture community has been fixated on travel and hospitality since the dot-com era and early-2000s, when mainstays like Kayak and Airbnb were still Silicon Valley darlings. As the multi-trillion-dollar global travel and hospitality market continues to grow, VCs are still foaming at the mouth for the opportunity to redefine the ways we move and
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. All users can now access Facebook’s tool for controlling which apps and sites can share data for ad-targeting Facebook is making
The open source Hyperledger Foundation announced the release of Hyperledger Fabric 2.0 today, the first such project to reach a 2.0 release. It’s a notable milestone. The blockchain as a business tool has certainly had a rocky road over the last few years, but there is still plenty to like about smart contracts that have
Medloop, which allows patients to manage healthcare needs and providers, has secured €6 million from Kamet Ventures and AXA. The cash will be used to enhance its product offering and continue expansion across Germany and the UK. Medloop is also developing an evidence-based medical rule engine embedded on the Electronic Medical Record (EMR) of patients.
If you were the star of every show, would you watch more mobile television? Snapchat is betting that narcissism drives resonance for its new weekly videos that put you and your friends’ customizable Bitmoji avatars into a flurry of silly animated situations. Bitmoji TV premieres on Saturday morning, and it’s remarkably funny, exciting, and addictive.
At the FAA’s 23rd Annual Commercial Commercial Space Transportation Conference in Washington, DC on Wednesday, a panel dedicated to the topic of trends in VC around space startups touched on public vs. private funding, the right kinds of space companies that should even be considering venture funding, and, perhaps most notably, the big L: Liquidity.
Gabi, a startup built to help consumers save money on home and auto insurance, announced today that it has closed a $27 million Series B. The company intends on using its new capital to rapidly expand its team and invest in its product. Nearly every startup does something similar after it collects new cash, so
Facebook will pay over half a billion dollars to settle a class action lawsuit that alleged systematic violation of an Illinois consumer privacy law. The settlement amount is large indeed, but a small fraction of the $35 billion maximum the company could have faced. Class members — basically Illinois Facebook users from mid-2011 to mid-2015
Marketing and sales automation — tools that leverage the advances and data of our digital age to better identify and then interact with customers — is big business, with the whole market expected to generate some $6.6 billion in revenues for related companies by 2025. But “companies” is the operative word here: it’s a very
Silicon Valley VC 7BC Venture Capital has decided to make an incursion into Europe, recruiting its first venture partner in the UK. Monty Munford was previously a freelance journalist, conference speaker and columnist contributing to Forbes, The Telegraph, The Economist, BBC Newsweek and Wired, among others. 7BC VC focuses primarily on AI, FinTech, blockchain and
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