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TechCrunch
Jul 18, 2019

Tesla's new V3 Supercharger can charge up to 1,500 electric vehicles a day
Tesla has opened a massive next-generation electric vehicle charging station in Las Vegas that combines the company's core products into one sustainable energy ecosystem, fulfilling a vision CEO Elon Musk laid out nearly three years ago. The new V3 Supercharger, which supports a peak rate of up to 250 kilowatts, is designed to dramatically cut […]

TechCrunch
Jul 18, 2019

WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO
Adam Neumann, the co-founder and chief executive of the international real estate co-working startup, WeWork, has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the […]

TechCrunch
Jul 18, 2019

Chinese space station Tiangong-2 is about to burn up over the Pacific
The final hours for China's Tiangong-2 space station are at hand, as the 8-ton piece of hardware will fall to earth, or rather sea, some time in the next 20 hours or so in a controlled deorbit manuever.  But unlike with its predecessor, it isn't a mystery where this particular piece of space debris is going to fall.

TechCrunch
Jul 18, 2019

Uber and Lyft drivers demand better pay, workplace protections and driver-led unions
As Assembly Bill 5 makes its way through the California state legislature, Uber and Lyft drivers are voicing their demands for better pay, basic workplace protections and the right to organize through unions. Tomorrow, Lyft and Uber drivers will convene outside Uber's San Francisco headquarters to make their voices heard. As established in Dynamex Operations […]

TechCrunch
Jul 18, 2019

Hardware startups take center stage for Hardware Battlefield at TC Shenzhen
Software grabs so much attention that it even has its own catchphrase — there's an app for that. It's not a bad thing, but we know nothing happens without hardware. That's why we're hunting for the best early-stage hardware startups to take center stage at Hardware Battlefield at TC Shenzhen on November 11-12 in China. Apply […]

TechCrunch
Jul 18, 2019

VMware acquires ML acceleration startup Bitfusion
VMware today announced that it has acquired Bitfusion, a former participant in our Startup Battlefield competition. Bitfusion was one of the earliest companies to help businesses accelerate their complex computing workloads on GPUs, FPGAs and ASICs. In its earliest iteration, over four years ago, the company's focus was less on AI and machine learning and […]

TechCrunch
Jul 18, 2019

CrowdStrike impresses with first earnings report
CrowdStrike sees revenue growth of more than 100% year-over-year in first earnings report.

TechCrunch
Jul 18, 2019

How autonomous vehicles and hyperloop are scooting along
Will transportation technologies become the industry disruptors many pundits suggested they would?

TechCrunch
Jul 18, 2019

SpaceX shares video of multiple Crew Dragon parachute recovery system tests
SpaceX is providing a closer look at some of its Crew Dragon parachute recovery system testing, with a new video compiling footage of a number of tests including those flown from a cargo plane and a high-altitude balloon. The video shows a test version of their Crew Dragon capsule falling through the sky over desert […]

TechCrunch
Jul 18, 2019

Submittable raises $10M to help publishers and other organizations manage their submissions
Submittable is announcing that it has raised $10 million in Series B funding. When I first wrote about the company in 2012, it was focused on helping literary magazines manage their submissions — useful, but maybe not the kind of thing that venture capitalists write big checks for. Since then, Submittable raised a $5 million […]

TechCrunch
Jul 18, 2019

Azure revenue continues to slow down for Microsoft
Microsoft reported in its FY19, Q4 earnings report today that Azure, the company's infrastructure as a service (IaaS) offering, grew at 64%. It may feel like a large number, but was part of a downward trend Microsoft has been experiencing throughout the entire fiscal 2019 earnings cycle. The growth rates for FY19 were, Q1: 76%, […]

TechCrunch
Jul 18, 2019

Boeing set to take $4.9 billion Q2 charge on 737 Max grounding
Boeing's 737 Max fiasco has cast a dark shadow over the company's reputation and is impacting the company's financials in a major way, as well. The Seattle aviation company announced that it will be taking a hefty $4.9 billion post-tax hit in its second quarter due to the continued grounding of the 737 Max fleet. […]

TechCrunch
Jul 18, 2019

Rent the Backyard wants to build a studio apartment in your yard
Rent the Backyard is one of the rare startups with a name that perfectly suits what it does. The company, which is part of Y Combinator's current batch, builds studio apartments in homeowners' backyards, which are then rented out for income. Of course, if you already own a house with a yard, you could theoretically […]

TechCrunch
Jul 18, 2019

Toyota creates accessible last-mile electric shuttle for 2020 Olympic Games
Toyota is readying for Tokyo's Summer Olympic and Paralympic Games, which it's hosting in 2020, with an all-new short range battery electric shuttle it designed to be maximally accessible for all attendees. It's called the APM, or ‘Accessible People Mover,' and 200 of them will be used in service of getting Games fans, athletes, and […]

TechCrunch
Jul 18, 2019

This is one way Toyota plans to shuttle people around during the 2020 Olympics
When thousands of people converge in Tokyo for the 2020 Olympic and Paralympic Games, the city's infrastructure will be tested. Toyota is getting into the mix to handle some of the ways people will get around the city and the Olympics venue. Toyota unveiled Thursday a new product called APM or Accessible People Mover that […]

TechCrunch
Jul 18, 2019

How Carl Pope helped drive a $500 million pledge to push the U.S. "Beyond Carbon" (Part 2)
Billionaire businessman and philanthropist Michael Bloomberg recently pledged to rapidly spend $500 million in a bid to push the U.S. "Beyond Carbon," aiming to end this country's use of coal and natural gas power in a generation or less. In another recent piece, I featured an in-depth interview with Carl Pope, the veteran environmental leader […]

TechCrunch
Jul 18, 2019

Instagram will now warn you before your account gets deleted, offer in-app appeals
Instagram this morning announced several changes to its moderation policy, the most significant of which is that it will now warn users if their account could become disabled before that actually takes place. This change goes to address a longstanding issue where users would launch Instagram only to find that their account had been shut […]

TechCrunch
Jul 18, 2019

How US national security agencies hold the internet hostage
Team Telecom, a shadowy US national security unit tasked with protecting America's telecommunications systems, is delaying plans by Google, Facebook and other tech companies for the next generation of international fiber optic cables. Team Telecom is comprised of representatives from the departments of Defense, Homeland Security, and Justice (including the FBI), who assess foreign investments […]

TechCrunch
Jul 18, 2019

Daily Crunch: Netflix has a rough quarter
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. Netflix reports net subscriber loss in the US, misses global subscriber growth predictions Netflix's price hikes might finally be convincing some […]

TechCrunch
Jul 18, 2019

The climate is our biggest threat. Carl Pope is fighting to change our fate
Michael Bloomberg is an unrepentant capitalist who, as he says in his 2017 book A Climate of Hope, is "not exactly your stereotypical environmentalist." Yet over the past decade, Bloomberg has become arguably the biggest environmental philanthropist in the world — especially given the $500 million investment Bloomberg announced last month that he would soon […]

TechCrunch
Jul 18, 2019

Blue Origin CEO Bob Smith joins Disrupt SF to talk about bringing the Moon within reach
Private spaceflight company Blue Origin has its sights set on the Moon, and in May unveiled a new lander to help it get there. This October, Blue Origin CEO Bob Smith will join us onstage at Disrupt SF 2019 to talk about how the company plans to get to the Moon, and beyond — and […]

TechCrunch
Jul 18, 2019

Investor Jocelyn Goldfein to join us on AI panel at TechCrunch Sessions: Enterprise
Artificial intelligence is quickly becoming a foundational technology for enterprise software development and startups have begun addressing a variety of issues around using AI to make software and processes much more efficient. To that end, we are delighted to announce that Jocelyn Goldfein, a Managing Director at Zetta Venture Partners will be joining on us […]

TechCrunch
Jul 18, 2019

YouTube Music now lets you seamlessly switch between songs and music videos
Google today announced an update to YouTube Music on iOS and Android that will make it easier to seamlessly switch between merely listening to the audio and watching a song's music video. To do so, you only have to tap a button at the top of the screen. This should work for almost every song […]

TechCrunch
Jul 18, 2019

The FTC looks to change children's privacy law following complaints about YouTube
The U.S. Federal Trade Commission is considering an update to the laws governing children's privacy online, known as the COPPA Rule (or, the Children's Online Privacy Protection Act). The Rule first went into effect in 2000 and was amended in 2013 to address changes in how children use mobile devices and social networking sites. Now, […]

TechCrunch
Jul 18, 2019

iOS 13: Here are the new security and privacy features you might've missed
In just a few weeks Apple's new iOS 13, the thirteenth major iteration of its popular iPhone software, will be out — along with new iPhones and a new iPad version, the aptly named iPadOS. We've taken iOS 13 for a spin over the past few weeks — with a focus on the new security […]

TechCrunch
Jul 18, 2019

InCountry raises $15M for its cloud-based private data storage-as-a-service solution
The rise of data breaches, along with an expanding raft of regulations (now numbering 80 different regional regimes, and growing) have thrust data protection — having legal and compliant ways of handling personal user information — to the top of the list of things that an organization needs to consider when building and operating their […]

TechCrunch
Jul 18, 2019

Google creates massive-scale tribute to Apollo 11 software lead Margaret Hamilton
Google has a number of different celebrations of the 50-year anniversary of the Apollo 11 Moon landing going on right now, but one organized by the Maps team might be the most grandiose in terms of scale and effect. At the Ivanpah Solar Facility in the Mojave Desert, Google set about creating a huge portrait […]

TechCrunch
Jul 18, 2019

Google will now pay bigger rewards for discovering Chrome security bugs
Bug hunting can be a lucrative gig. Depending on the company, a serious bug reported through the proper channels can earn whoever found it first tens of thousands of dollars. Google launched a bug bounty program for Chrome in 2010. Today they're increasing the maximum rewards for that program by 2-3x. Rewards in Chrome's bug […]

TechCrunch
Jul 18, 2019

Last chance! Apply for the All Raise female founder program at Disrupt SF 2019
Newsflash for all female founders of the early-stage startup variety. Your chance to meet with leading women VCs at Disrupt SF 2019 on October 2-4 ends on July 19 at 5 p.m. (PT). Apply for an AMA session before the deadline expires. We're serious when it comes to supporting women in tech, which is why we partnered with All […]

TechCrunch
Jul 18, 2019

Facebook accused of contradicting itself on claims about platform policy violations
Prepare your best * unsurprised face *: Facebook is being accused of contradicting itself in separate testimonies made on both sides of the Atlantic. The chair of a UK parliamentary committee which spent the lion's share of last year investigating online disinformation, going on to grill multiple Facebook execs as part of an enquiry that […]

TechCrunch
Jul 18, 2019

Haus, the real estate startup founded by Garrett Camp, raises $7.1M
Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding. This amount combines a $4.1 million seed equity investment led by Montage Ventures and $3 million in debt, which will help finance Haus' new co-investment model. Haus was created by Uber co-founder […]

TechCrunch
Jul 18, 2019

Only 24 hours left to apply for TC Top Picks at Disrupt SF 2019
Early-stage startup founders, you have just 24 hours left to complete one small task — a task that holds the potential to shift your venture into hyperdrive. Apply to be a TC Top Pick and the chance to exhibit for free at Disrupt San Francisco 2019 in October. There's no time left to drag your […]

TechCrunch
Jul 18, 2019

Storytelling community Wattpad launches Paid Stories and its ad-free subscription globally
Online storytelling community Wattpad, also now a content feeder for streaming services and other media companies, is taking its two consumer-facing paid products global. Wattpad Premium, the ad-free subscription tier, first launched in 2017 and has only been available in a handful of countries to date. It's now available to Wattpad's 70 million-plus worldwide users, […]

TechCrunch
Jul 18, 2019

Inside Harley Davidson's EV shift with a ride on its LiveWire
Harley-Davidson will release its first production electric motorcycle in September, the LiveWire. Yes, the American symbol for internal combustion, chrome and steel is going all in on two-wheeled EVs. Founded in Milwaukee in 1903, Harley Davidson opened a Silicon Valley office in 2018 with plans to add a future line-up of electric vehicles—from motorcycles to […]

TechCrunch
Jul 18, 2019

Inside Harley-Davidson's EV shift with a ride on its LiveWire
Harley-Davidson will release its first production electric motorcycle, the LiveWire, in September. Yes, the American symbol for internal combustion, chrome and steel is going all-in on two-wheeled EVs. Founded in Milwaukee in 1903, Harley-Davidson opened a Silicon Valley office in 2018 with plans to add a future line-up of electric vehicles — from motorcycles to […]

TechCrunch
Jul 18, 2019

Slack resets user passwords after 2015 data breach
Slack will reset the passwords of users it believes are affected by a historical data breach that affected the company more than four years ago. In 2015, the company said it was hit by hackers who gained access to its user profile database, including their scrambled passwords. But the hackers inserted code that scraped the […]

TechCrunch
Jul 18, 2019

VComply raises $2.5 million seed round led by Accel to simplify risk and compliance management
Risk and compliance management platform VComply announced today that it has picked up a $2.5 million seed round led by Accel Partners for its international growth plan. The funding will be used to acquire more customers in the United States, open a new office in the United Kingdom to support customers in Europe and expand […]

TechCrunch
Jul 18, 2019

Toys ‘R' Us taps tech startup b8ta to bring its stores into the future
b8ta, the retail as a service startup that has partnered with the likes of Google and Macy's, is getting into the kids' toys space. As part of a new joint venture with Tru Kids Brands, which owns Toys "R" Us, b8ta will bring its expertise in experiential retail to the iconic children's toy store. Both […]

TechCrunch
Jul 18, 2019

ISRO's Chandrayaan-2 Moon lander mission launch reset for July 22
The Indian Space Research Organization (ISRO) was all set to launch its Chandrayaan-2 mission to deliver a rover to the Moon's South Pole last week, but a "technical snag" observed during the last hour of launch prep put a hold on those plans. Now, ISRO has officially set a new date for the launch: Monday, […]

TechCrunch
Jul 18, 2019

Intel announces deep, multi-year partnership with SAP
Intel announced a deep partnership with SAP today around using advanced Intel technology to optimize SAP software tools. Specifically the company plans to tune its Intel Xeon Scalable processors and Intel Optane DC persistent memory for SAP's suite of applications. The multi-year partnership includes giving SAP early access to emerging Intel technologies and building a […]

TechCrunch
Jul 18, 2019

Qualcomm hit with $271M EU fine over predatory pricing of baseband chips
A long-running European antitrust investigation into whether Qualcomm used predatory pricing when selling UMTS baseband chips about a decade ago has landed the chipmaker with a fine of €242 million (~$271M) — aka, 1.27% of its global revenue for 2018. The EU regulator concluded Qualcomm used abusive pricing to force its main rival at the […]

TechCrunch
Jul 18, 2019

Google teams up with Apollo 11 astronaut to celebrate the 50th anniversary of the moon landing
It's the 50th anniversary of the moon landing, so it's no surprise that Google's daily doodle celebrates this milestone today. To mark the event, Google teamed up with NASA and Michael Collins, the astronaut who piloted the remained on the command module while Neil Armstrong and Buzz Aldrin descended to the moon. Besides the usual […]

TechCrunch
Jul 18, 2019

Plaid introduces Liabilities to create debt-tracking apps, starting with student loans
Plaid has always been about helping developers build financial applications. Up until now that has involved standard checking and savings, and more recently investments. Today, they are introducing a new product called Liabilities endpoint to help developers build applications around debt. For starters, they are taking aim at a big problem in the US, student […]

TechCrunch
Jul 18, 2019

Watch an unfiltered interview of PicsArt founder at Disrupt Berlin
Smartphones have become a creative playground thanks to cameras and innovative apps, such as PicsArt. With PicsArt, anybody can add filters, stickers and tweak photos and videos in many different ways. It has been a massive hit with 130 million monthly active users. And that's why I'm excited to announce that PicsArt founder and CEO […]

TechCrunch
Jul 18, 2019

On a growth tear, work trip SaaS TravelPerk adds $60M to its Series C
Business travel SaaS startup, TravelPerk, has announced it's more than doubled the $44M Series C round we wrote about just nine months ago — taking in a further $60M from its existing investors, which brings the round to $104M, and the business' total raised to date to $134M. Investors increasing the size of their Series […]

TechCrunch
Jul 18, 2019

EBay picks 5.5% stake in India's Paytm Mall
EBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain footprint in India's fast-growing e-commerce market. The two firms did not disclose financial terms of the deal, but a source familiar with the matter told TechCrunch that EBay has invested between $150 […]

TechCrunch
Jul 18, 2019

Congressional testimony reveals some faults in Facebook's digital currency plans
As Facebook continues to lay the foundation for getting some of the world's largest payment processing and technology companies a seat at the global monetary policy table, the company faces significant obstacles to enacting its plans from both sides of the Congressional aisle. In the second of what's sure to be many (many many many) […]

TechCrunch
Jul 18, 2019

Georgia Tech's ant-sized micro-robots move through vibration
The above image is a shot of Georgia Tech's latest robot posed next to a penny. The 3D printed bot is roughly two millimeters in length — or about the size of the world's smallest ants, per the school. The tiny devices are designed to move using vibration from a variety of sources, ranging from […]

TechCrunch
Jul 18, 2019

Banking startup N26 raises another $170 million at $3.5 billion valuation
Fintech startup N26 is raising $170 million a few months after raising $300 million. While it's technically structured as a new round, the company considers today's new funding as an extension of the Series D round. N26 has only reached out to existing investors. All the investors in the Series D round are investing again, […]

TechCrunch
Jul 17, 2019

Southeast Asian cloud communications platform Wavecell acquired by 8×8 in deal worth $125 million
Wavecell, a cloud-communications platform for companies in Southeast Asia, announced today that it has been acquired by 8×8 in a deal worth about $125 million. The acquisition will help San Jose, California-based 8×8 expand in Asia, where Wavecell already has offices in Singapore, Indonesia, the Philippines, Thailand and Hong Kong. Wavecell's cloud API platform, which […]

TechCrunch
Jul 17, 2019

How a Hong Kong startup gets caught up in US-China trade war
Taylor Host has been operating his artificial intelligence startup out of Hong Kong for more than two years. The American entrepreneur has clients from Europe, North America and Asia, but he settled in the city for its adjacency to Southeast Asia and mainland China's massive market. Miro, which Host co-founded in 2017 with a British […]

TechCrunch
Jul 17, 2019

FaceApp gets federal attention as Sen. Schumer raises alarm on data use
It's been hard to get away from FaceApp over the last few days, whether it's your friends posting weird selfies using the app's aging and other filters, or the brief furore over its apparent (but not actual) circumvention of permissions on iPhones. Now even the Senate is getting in on the fun: Sen. Chuck Schumer (D-NY) has asked the FBI and the FTC to look into the app's data handling practices.

TechCrunch
Jul 17, 2019

Altitude Angel launches an API for safer drone flights
Altitude Angel, a U.K. startup that provides safety, data and traffic management systems for drones, is launching a de-confliction service for drone flights — available via its developer API platform. "The dynamic system will continuously monitor the airspace around an aircraft for the ‘unexpected' such as other aerial vehicles or changes to airspace (such as […]

TechCrunch
Jul 17, 2019

Coinbase tells you if top holders are buying or selling a crypto asset
Coinbase is taking advantage of its significant user base to give you more information about trading behavior and price correlation. Given that there are now 15 cryptocurrencies on Coinbase that you can trade, the new features should provide some signals. In addition to price and variation information, you can see what Coinbase customers with large […]

TechCrunch
Jul 17, 2019

Netflix will roll out a lower-priced subscription plan in India
Netflix said on Wednesday that it will roll out a cheaper subscription plan in India, one of the last great growth markets for global companies, as the streaming giant scrambles to find ways to accelerate its slowing growth worldwide. The company added 2.7 million new subscribers in the quarter that ended in June this year, […]

TechCrunch
Jul 17, 2019

Toyota locks in more than a supply of EV batteries in deal with China's CATL
Toyota needs more than a secure and steady supply of batteries if it hopes to meet its ambitious global sales goal for electric vehicles. If it hopes to compete, the Japanese automaker will need better quality lithium-ion batteries that don't squeeze profit margins. The automaker is turning to Chinese EV battery supplier CATL for the […]

TechCrunch
Jul 17, 2019

SpaceX's ‘Starhopper' bursts into flames during static fire test
SpaceX's test vehicle, a small-scale demonstration craft for some Starship components, caught fire after what appears to be a fuel leak or dump following an otherwise successful static fire test last night. It's not clear why the craft suddenly burst into flames, or whether it was seriously or even superficially damaged.

TechCrunch
Jul 17, 2019

Instagram will now hide likes in 6 more countries
Would the Internet be a better place if we all paid a little less attention to fake Internet points? Instagram is still trying to figure it out. Just a few months back, Instagram started testing a design tweak that would no longer show the total number of "likes" other user's posts had received. You could […]

TechCrunch
Jul 17, 2019

Microsoft has warned 10,000 victims of state-sponsored hacking
Microsoft said it has notified close to 10,000 people in the past year that they have been targeted by state-sponsored hackers. The tech giant said Wednesday that the victims were either targeted or compromised by hackers working for a foreign government. In almost all cases, Microsoft said, enterprise customers were the primary targets — such […]

TechCrunch
Jul 17, 2019

Apple gives a sneak peak of its new Peanuts series with ‘Snoopy in Space' trailer
As the U.S. commemorates the 50th anniversary of the moon landing, Apple took to the internet to give audiences a peak into the first of its new Peanuts series, "Snoopy in Space". The series will follow Charles M. Schulz's characters as they take afield trip to a NASA location where Snoopy and . Woodstock are […]

TechCrunch
Jul 17, 2019

Apple gives a sneak peek of its new Peanuts series with ‘Snoopy in Space' trailer
As the U.S. commemorates the 50th anniversary of the Moon landing, Apple took to the internet to give audiences a peek into the first of its new Peanuts series, "Snoopy in Space." The series will follow Charles M. Schulz's characters as they take a field trip to a NASA location where Snoopy and Woodstock are […]

TechCrunch
Jul 17, 2019

Netflix reports first net subscriber loss in the US, misses global subscriber growth predictions
Netflix's continued subscription price hikes might finally have reached the end of some customers' patience in the U.S., judging from an overall paid subscriber decline the company reported in its quarterly earnings for its fiscal second quarter 2019 results. The company's overall growth for paid subscribers climbed by 2.7 million worldwide, but it actually added […]

TechCrunch
Jul 17, 2019

Twitter launches the ‘Hide Replies' feature, in hopes of civilizing conversations
Twitter today is beginning its test of a radical and controversial change to its service with the launch of a new "Hide Replies" feature. Effectively, this option gives users the ability to wrestle back control over a conversation they've started by hiding any replies they feel aren't worthy contributions — for example, replies that are […]

TechCrunch
Jul 17, 2019

Twitter officially launches its ‘Hide Replies' feature, initially to users in Canada
Twitter today is beginning its test of a radical and controversial change to its service with the launch of a new "Hide Replies" feature. Effectively, this option gives users the ability to wrestle back control over a conversation they've started by hiding any replies they feel aren't worthy contributions — for example, replies that are […]

TechCrunch
Jul 17, 2019

HBO Max is bringing back ‘Gossip Girl'
"Gossip Girl," the soapy CW drama about wealthy teenagers behaving badly in New York City's Upper East Side, is returning to TV thanks to HBO Max. Specifically, the streaming service has placed a 10-episode, straight-to-series order for an updated version of the show. According to The Hollywood Reporter, Joshua Safran (a writer and executive producer […]

TechCrunch
Jul 17, 2019

Peloton's new automated vehicle system gives one driver control of two trucks
The trucking world has been inundated in recent years by startups and large companies alike pitching an array of automated driving technology and business strategies, all aiming to solve the big three problems with freight: safety, fuel costs and driver shortages. For Peloton Technology, a Silicon Valley company that launched in 2011, the answer doesn't […]

TechCrunch
Jul 17, 2019

For World Emoji Day, the Unicode Consortium redesigns its site to be more user-friendly
Ahead of World Emoji Day on Wednesday, July 17, Apple and Google announced plans to bring an expanded set of emoji to their respective platforms. Today, the Unicode Consortium, the nonprofit organization responsible for determining which emoji get the greenlight, is relaunching its website with an updated, modern design that aims to make its information […]

TechCrunch
Jul 17, 2019

Facebook's regulation dodge: Let us, or China will
Facebook is leaning on fears of China exporting its authoritarian social values to counter arguments that it should be broken up or slowed down. Its top executives have each claimed that if the U.S. limits its size, blocks its acquisitions, or bans its cryptocurrency, Chinese company's absent these restrictions will win abroad, bringing more power […]

TechCrunch
Jul 17, 2019

Daily Crunch: Neuralink prepares for brain-computer testing
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. Elon Musk's Neuralink looks to begin outfitting human brains with faster input and output starting next year Musk said that in […]

TechCrunch
Jul 17, 2019

Let CrunchMatch simplify your networking at Disrupt SF 2019
Set in the city where startup dreams began, TechCrunch's flagship tech conference — Disrupt San Francisco 2019 — takes place October 2-4. And with more than 10,000 attendees converging on Moscone North Convention Center, the networking possibilities can seem downright daunting. More like a contact sport than a business opportunity, right? Why waste your valuable […]

TechCrunch
Jul 17, 2019

AT&T signs $2 billion cloud deal with Microsoft
While AWS leads the cloud infrastructure market by wide margin, Microsoft isn't doing too badly, ensconced firmly in second place, the only other company with double-digit share. Today, it announced a big deal with AT&T that encompasses both Azure cloud infrastructure services and Office 365. A person with knowledge of the contract pegged the combined […]

TechCrunch
Jul 17, 2019

Crowdfunded spacecraft LightSail 2 snaps amazing photos ahead of solar sail deployment
LightSail 2 may still have at least a few days to go before it begins its primary purpose, by unfurling the solar sail it has on board and finding out more about propelling a spacecraft using only the force of photons, but it's not wasting any time on its orbital voyage. New photos from the […]

TechCrunch
Jul 17, 2019

How much HR does a scale-up need?
Nora Jenkins Townson Contributor Share on Twitter Nora is an unconventional HR expert based in Toronto. After helping successful startups like FreshBooks and Wealthsimple grow, she founded Bright Early, an HR consultancy focused on helping scaling companies build impactful people programs. There is a special chaos that happens when a startup reaches 30 employees. […]

TechCrunch
Jul 17, 2019

In-space shuttle service, Momentus, raises $25.5 million as investments climb for "new space" tech
With commercial launch services expected to reach $7 billion by 2024, there's increasing demand for an array of new technologies that can offer advantages to companies looking to get communications infrastructure in orbit. That's one of the reasons behind the new $25.5 million financing for Momentus, which sells in-space shuttle services to move satellites between […]

TechCrunch
Jul 17, 2019

In-space shuttle service, Momentus, raises $25.5 million as investments climb for ‘new space' tech
With commercial launch services expected to reach $7 billion by 2024, there's increasing demand for an array of new technologies that can offer advantages to companies looking to get communications infrastructure in orbit. That's one of the reasons behind the new $25.5 million financing for Momentus, which sells in-space shuttle services to move satellites between […]

TechCrunch
Jul 17, 2019

Spotify partners with Disney on a new streaming hub aimed at families
In an effort likely aimed at boosting family memberships, Spotify this morning announced a new partnership with Disney on the creation of a Disney Hub on its streaming service. Here, Disney fans in select markets including the U.S. will find a selection of Disney playlists like soundtracks from Disney, Pixar and Marvel movies, Star Wars […]

TechCrunch
Jul 17, 2019

Fifth Wall Ventures raises $503M for second real estate fund
Fifth Wall Ventures, an investor in Clutter, b8ta, ClassPass, Lime and others, has raised $503 million for its sophomore venture capital fund. The firm, which closed on $212 million for its debut fund in May 2017, prefers to invest in the burgeoning real estate industry but has made opportunistic investments in other sectors. The Los […]

TechCrunch
Jul 17, 2019

FaceApp responds to privacy concerns
FaceApp, the AI-powered selfie-editing app that's been having another viral moment of late, has now responded to a privacy controversy that we covered earlier here. We've pasted the company's full statement at the bottom of this post. The tl;dr here is that concerns had been raised that FaceApp, a Russian startup, uploads users' photos to […]

TechCrunch
Jul 17, 2019

VidCon, seed-stage dilution, advertising, privacy, and building a career in design
The need-to-know takeaways from VidCon 2019 Extra Crunch media columnist Eric Peckham took part in all the craziness that has become VidCon this past week, where 75,000 influencers, YouTubers, advertisers, and more congregate in one place to see how many likes they all can generate (and I guess to discuss business strategy). This year, there […]

TechCrunch
Jul 17, 2019

Amazon sells over 175M items during Prime Day 2019, more than Black Friday & Cyber Monday combined
Amid worker protests and antitrust investigations, Amazon's Prime Day sales event carried on as usual — and that means it again set new records for the online retailer. This time, Amazon says Prime Day 2019 was bigger than both Black Friday and Cyber Monday combined, as Prime members purchased more than 175 million items during […]

TechCrunch
Jul 17, 2019

10x Ascend aims to help tech talent with job negotiations
10x Ascend is a new firm that helps software development, cybersecurity and data science professionals negotiate for better deals. Founders Michael Solomon and Rishon Blumberg started out in talent management for the music industry (their clients still include musicians like Vanessa Carlton), then moved into representing tech freelancers with their firm 10x Management. More recently, […]

TechCrunch
Jul 17, 2019

ClassPass introduces a corporate wellness program
ClassPass has set up yet another revenue stream, signing on partners like Facebook, Glossier, Google, Morgan Stanley, Under Armour, Etsy, Southwest Airlines and Gatorade to a corporate wellness program. The program will give employees at these companies access to the ClassPass network of more than 22,000 studio partners across 2500 cities around the world, which […]

TechCrunch
Jul 17, 2019

Peer-to-peer car sharing marketplace Turo raises $250M at over $1B valuation from IAC
Car-sharing startup Turo has raised $250 million in a Series E round of funding from IAC, the internet media company that owned and spun out Match.com, and OKCupid. This round pushes Turn into Unicorn territory, with its valuation now "past the billion-dollar" mark according to Turo CEO Andre Haddad. This late round of funding brings […]

TechCrunch
Jul 17, 2019

Peer-to-peer car-sharing marketplace Turo raises $250M at over $1B valuation from IAC
Car-sharing startup Turo has raised $250 million in a Series E round of funding from IAC, the internet media company that owned and spun out Match.com and OkCupid. This round pushes Turo into unicorn territory, with its valuation now "past the billion-dollar" mark according to Turo CEO Andre Haddad. This late round of funding brings […]

TechCrunch
Jul 17, 2019

Dust Identity secures $10M Series A to identify objects with diamond dust
The idea behind Dust Identity was originally born in an MIT lab where students developed a system of uniquely identifying objects using diamond dust. Since then, the startup has been working to create a commercial application for the advanced technology, and today it announced a $10 million Series A round led by Kleiner Perkins, which […]

TechCrunch
Jul 17, 2019

Google's Area 120 launches Byteboard to improve technical interviews
Area 120, Google's lab for experimental projects, is launching Byteboard today, a new tool that aims to make the technical interview experience less tedious and more effective. The team argues that today's interview process for software engineers just doesn't cut it since it doesn't really measure how well somebody would do in a day-to-day engineering […]

TechCrunch
Jul 17, 2019

Uber riders now earn rewards for shopping during their trip with new Cargo app
Uber is launching a new shopping app with commerce partner Cargo, a startup it signed an exclusive global partnership with last year. The app will feature items curated by Uber including products like Nintendo Switch, Apple hardware, Away luggage, Glossier cosmetics and more, and will be available to download for Uber riders making trips in […]

TechCrunch
Jul 17, 2019

Amazon amends seller terms worldwide after German antitrust action
Amazon has agreed to make a raft of changes to the business terms it offers sellers on its marketplaces following an intervention by Germany's Federal Cartel Office (FCO). The regulator instigated an investigation in November last year after receiving a large number of complaints from sellers pertaining to Amazon's German marketplace, amazon.de: The largest of […]

TechCrunch
Jul 17, 2019

DJI introduces a Ronin stabilizer for mirrorless cameras
The camera stabilizer has been an interesting piece of DJI's product play. A kind of offshoot of the company's advanced drone-based imaging systems, the Ronin line has allowed it to appeal to photographers and videographers of the terrestrial variety. And as with its drone line, the accessories have grown at an impressive rate, becoming one […]

TechCrunch
Jul 17, 2019

Snyk brings in new CEO to help lead future expansion
Startup founders typically face a management challenge. They often began their careers in technical engineering jobs, and are thrust into the CEO role when starting a company. Sometimes it makes sense to bring in a more experienced executive to guide a fast-growing startup, and that is what Snyk announced it's doing today, shifting founder/CEO Guy […]

TechCrunch
Jul 17, 2019

Another 2.2 million patients affected by AMCA data breach
Another clinical lab ensnared in the AMCA data breach has come forward. Clinical Pathology Laboratories (CPL) says 2.2 million patients may have had their names, addresses, phone numbers, dates of birth, dates of service, balance information and treatment provider information stolen in the previously-reported breach. Another 34,500 patients had their credit card or banking information […]

TechCrunch
Jul 17, 2019

Nintendo introduces a Switch model refresh with better battery life
Nintendo already announced an entirely new Switch console this month, the Switch Lite, and now it's bumping some of the specs on the existing Switch with a slightly updated version, spotted by The Verge. This update improves the hardware right where it counts when it comes to Switch portable playing power. The new model will […]

TechCrunch
Jul 17, 2019

Nexar's Live Map is like Street View with pictures from 5 minutes ago
We all rely on maps to get where we're going or investigate a neighborhood for potential brunch places, but the data we're looking at is often old, vague, or both. Nexar, maker of dashcam apps and cameras, aims to put fresh and specific data on your map with images from the street taken only minutes before.

TechCrunch
Jul 17, 2019

Ebix to acquire Indian travel company Yatra for $337.8M
Atlanta-based software firm Ebix said today it is acquiring online travel booking company Yatra through a merger deal at an enterprise value of $337.8 million as they look to strengthen their position in India and footprints worldwide. Once the acquisition has completed, Yatra will become part of Ebix's EbixCash (the company's Indian subsidiary) travel portfolio — […]

TechCrunch
Jul 17, 2019

India's 30-year-old MyMoneyMantra raises $15M to scale its financial services marketplace
MyMoneyMantra, a 30-year-old New Delhi-based firm that operates a marketplace of financial services, has raised $15 million in its maiden funding round from an external source to expand its offerings and reach in the nation. Dutch investment firm IFSD BV and private equity firm Vaalon Capital funded the $15 million round in MyMoneyMantra, the Indian […]

TechCrunch
Jul 17, 2019

Atomico co-founder and partner Mattias Ljungman is leaving to start his own seed fund
Changes are afoot at European VC Atomico, with news breaking that long-time partner Mattias Ljungman is leaving to raise his own seed fund. TechCrunch understands that staff at the London-headquartered firm, which he co-founded in 2006 with Skype founder Niklas Zennström, were informed of his decision to part ways earlier today, although he won't be […]

TechCrunch
Jul 17, 2019

Atomico founding partner Mattias Ljungman is leaving to start his own seed fund
Changes are afoot at European VC Atomico, with news breaking that founding partner Mattias Ljungman is leaving to raise his own seed fund. TechCrunch understands that staff at the London-headquartered firm, which he co-founded in 2006 with Skype founder Niklas Zennström, were informed of his decision to part ways earlier today, although he won't be […]

TechCrunch
Jul 17, 2019

Stonly lets you create interactive step-by-step guides to improve support
French startup Stonly wants to empower users so that they can solve their issues by themselves. Instead of relying on customer support agents, Stonly wants to surface relevant content so that you can understand and solve issues. "I'm trying to take the opposite stance of chatbots," founder and CEO Alexis Fogel told me. "The issue […]

TechCrunch
Jul 17, 2019

Europe is now formally investigating Amazon's use of merchant data
European regulators have announced a formal antitrust investigation of Amazon's use of data from third parties selling on its ecommerce platform. Commenting in a statement, competition commissioner, Margrethe Vestager said: "European consumers are increasingly shopping online. Ecommerce has boosted retail competition and brought more choice and better prices. We need to ensure that large online […]

TechCrunch
Jul 17, 2019

Ford unveils its latest pickup truck built for a smartphone
Ford's F-Series line of pickup trucks has been the best-selling vehicle in the U.S. for decades, which should make the automaker an expert of sorts in the truck-building business. Ford unveiled Wednesday the latest addition to its pickup truck portfolio. This particular one, isn't meant for driving. The automaker created a pickup truck emoji, which is […]

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