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Natasha Mascarenhas @ TechCrunch · 10/21/2020 16:02 EDT

Quibi is dead

Plagued with growth issues, Quibi, a short-form mobile-native video platform, is shutting down, according to multiple reports. The startup, co-founded by Jeffrey Katzenberg and Meg Whitman, had raised nearly $2 billion in its lifetime as a private company. Quibi did not respond to requests for comment from TechCrunch. The company’s prolific fundraising efforts spanned prominent […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 10/21/2020 16:01 EDT

Coalition for App Fairness, a group fighting for app store reforms, adds 20 new partners

The Coalition for App Fairness (CAF), a newly-formed advocacy group pushing for increased regulation over app stores, has more than doubled in size with today’s announcement of 20 new partners — just one month after its launch. The organization, led by top app publishers and critics including Epic Games, Deezer, Basecamp, Tile, Spotify and others, […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 10/21/2020 15:15 EDT

Dear Sophie: What visa options exist for a grad co-founding a startup?

What are the visa prospects for a graduate completing an advanced degree at a university in the United States who wants to co-found a startup after graduation? Can the new startup or my co-founders sponsor me for a visa? Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 10/21/2020 15:15 EDT

Datto trades modestly higher after pricing IPO at top of range

After pricing at $27 per share, Datto’s stock rose during regular trading. By mid-afternoon the data and security software company was worth $28.10, up a hair over 4%. The company’s IPO comes on the back of a rapid-fire Q3 in which a host of technology companies, particularly software, made it to the public markets. While […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 10/21/2020 13:56 EDT

This serial founder is taking on Carta with cap table management software she says is better for founders

Yin Wu has cofounded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as a software engineer. In fact, it was only after that sale she she says she “actually understood all of the nuances […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 10/21/2020 13:52 EDT

Founders don’t need to be full-time to start raising venture capital

“More than 50% of our founders still are in their current jobs,” said John Vrionis, co-founder of seed-stage fund Unusual Ventures. The fund, which closed a $400 million investment vehicle in November 2019, has noticed that more and more startup employees are thinking about entrepreneurship as the pandemic has shown how much room there is […] Read more

2

TechCrunch
Brian Heater @ TechCrunch · 10/21/2020 13:51 EDT

Boston Dynamics’ Spot is getting an arm and self-charging dock next year

Boston Dynamics’ new CEO Rob Playter told TechCrunch that the company has now sold around 260 of its sophisticated Spot robot as of his appearance at Disrupt last month. While the company faced some questions about the commercial appeal of the $75,000 robot, it’s clear that a number of verticals are interested in finding ways […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 10/21/2020 13:44 EDT

Rocket Lab’s Peter Beck is coming to TC Sessions: Space 2020

Over the last few years Rocket Lab has gone from its very first orbital launch to regular commercial missions, with the goal of being the most responsive launch provider on the planet. Founder and CEO Peter Beck will join us at our all virtual TC Sessions: Space event happening on December 16 & 17 in […] Read more

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TechCrunch
Megan Rose Dickey @ TechCrunch · 10/21/2020 13:33 EDT

Prop 22 opponents say Yes on 22 should not be able to mail flyers as nonprofit

Opponents of California’s Proposition 22, the measure that seeks to continue classifying rideshare drivers and delivery workers as independent contractors, filed a complaint this morning with the United States Postal Service. The No on 22 campaign alleges the Yes side is not eligible for a nonprofit postal status and is asking USPS to revoke its […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/21/2020 13:30 EDT

Kite adds support for 11 new languages to its AI code completion tool

When Kite, the well-funded AI-driven code completion tool, launched in 2019, its technology looked very impressive, but it only supported Python at the time. Earlier this year, it also added JavaScript and today, it is launching support for 11 new languages at once. The new languages are Java, Kotlin, Scala, C/C++, Objective C, C#, Go, […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 10/21/2020 13:07 EDT

Descript, Andrew Mason’s platform to edit audio by editing text, now lets you edit video, too

Descript, the latest startup from Groupon co-founder Andrew Mason, made a splash in the world of audio last year with a platform for easy audio editing based on how you edit written documents, adding features like an AI-based tool that uses a recording of you to let you create audio of any written text in […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 10/21/2020 13:06 EDT

Gen Z spends 10% more time in non-game apps than older users

A new report released today by App Annie digs into how Gen Z consumers engage with their smartphones and mobile apps. According to data collected in Q3 2020, Gen Z users spend an average of 4.1+ hours per month in non-gaming apps, or 10% longer than older demographics. They also engage with apps more often, […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/21/2020 13:00 EDT

Contrast launches its security observability platform

Contrast, a developer-centric application security company with customers that include Liberty Mutual Insurance, NTT Data, AXA and Bandwidth, today announced the launch of its security observability platform. The idea here is to offer developers a single pane of glass to manage an application’s security across its lifecycle, combined with real-time analysis and reporting, as well […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/21/2020 13:00 EDT

Secureframe raises $4.5M to help businesses speed up their compliance audits

While certifications for security management practices like SOC 2 and ISO 27001 have been around for a while, the number of companies that now request that their software vendors go through (and pass) the audits to be in compliance with these continues to increase. For a lot of companies, that’s a harrowing process, so it’s […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/21/2020 12:12 EDT

Bob Iger goes from managing Mickey to directing a milk replacement startup as new Perfect Day boardmember

Bob Iger, the chairman and former chief executive at Walt Disney is trading his mouse ears for milk substitutes as the new director of massively funded dairy replacement startup Perfect Day. Milk substitutes are a $1 trillion category and Perfect Day is angling to be the leader in the market. Iger’s ascension to a director […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/21/2020 12:00 EDT

Wrike launches new AI tools to keep your projects on track

Project management service Wrike today announced a major update to its platform at its user conference that includes a lot of new AI smarts for keeping individual projects on track and on time, as well as new solutions for marketers and project management offices in large corporations. In addition, the company also launched a new […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 10/21/2020 11:56 EDT

Lessons from Datto’s IPO pricing and revenue multiple

Last night Datto priced its IPO at $27 per share, the top end of its range that TechCrunch covered last week. The data and security-focused software company had targeted a $24 to $27 per-share IPO price range, meaning that its final per-share value was at the top of its estimates. The Exchange explores startups, markets […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 10/21/2020 11:42 EDT

Mine raises $9.5M to help people take control of their personal data

TechCrunch readers probably know that privacy regulations like Europe’s GDPR and California’s CCPA give them additional rights around their personal data — like the ability to request that companies delete your data. But how many of you have actually exercised that right? An Israeli startup called Mine is working to make that process much simpler, […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 10/21/2020 11:40 EDT

Join Extra Crunch Live on October 27 for a conversation on early stage and storytelling success with GV’s M.G. Siegler

If anyone knows early stage investing and startups, it’s M.G. Siegler. As a General Partner at GV, he’s personally invested in his fair share of rocket ship companies early on in their lifecycles, including Anchor, Slack, Medium and Stripe. He’s also a TechCrunch alum, and a former startup operator himself as a web dev. We’re […] Read more

1

TechCrunch
Brian Heater @ TechCrunch · 10/21/2020 11:37 EDT

Sam’s Club will deploy autonomous floor-scrubbing robots in all of its U.S. locations

The past six months have seen a fairly aggressive acceleration in the option of robotics and automation as companies look for ways to augment (and, likely, replace in some instances) human workers. The appeal is certainly clear during massive pandemic-fueled shut downs. Sam’s Club has been on the robotic floor cleaning chain for a bit […] Read more

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