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Brian Heater @ TechCrunch · 03/12/2021 10:15 EDT

Marco Rubio says he ‘stands with’ Amazon warehouse workers

Workers at Amazon’s Bessemer, Alabama warehouse have already received public support from Democratic politicians ranging from Bernie Sanders to Joe Biden, the latter of whom promised to be “the most pro-union president you’ve ever seen,” late-last year. Now, as many look to unionize, the team is getting some political backing from a more unexpected place. […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 03/12/2021 10:00 EDT

Can you beat Google with Google’s brains?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. Like every week, we had to leave a lot of great stuff on the cutting-room floor. But, we did get to touch on a bunch of […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 03/12/2021 09:42 EDT

Shell’s Gamechanger Accelerator selects three companies for its energy transition accelerator

Yesterday, the European oil and gas major producer Shell announced the latest cohort selected to participate in its Shell GameChanger Accelerator (GCxN), focused on supporting companies developing tech for the transition away from fossil fuels. The three companies will have access to technical resources through Shell that can serve to aid in their commercialization. “GCxN’s […] Read more

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TechCrunch
Annie Siebert @ TechCrunch · 03/12/2021 09:26 EDT

Big Tech companies cannot be trusted to self-regulate: We need Congress to act

The federal government and regulatory powers need to hold Big Tech accountable to their commitments by immediately enacting policy change. Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 03/12/2021 08:54 EDT

Dutch court rejects Uber drivers’ ‘robo-firing’ charge but tells Ola to explain algo-deductions

Uber has had a good result against litigation in the Netherlands, where its European business is headquartered, that had alleged it uses algorithms to terminate drivers — but which the court has rejected. The ride-hailing giant has also been largely successful in fending off wide-ranging requests for data from drivers wanting to obtain more of […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 03/12/2021 08:00 EDT

Assembled, an operating system for support teams, raises $16.6M

From the point of view of a consumer, customer service sometimes feels like a monolith, but behind the scenes it can be a very fragmented business, with dozens of companies providing various different tools to help agents do their jobs. Today, a startup founded by three Stripe alums that has set out to build a […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 03/12/2021 03:42 EDT

How ByteDance plans to crack the gaming industry

For the last few years, ByteDance, the parent company of short video app TikTok, has been working to diversify its revenue streams beyond advertisement and find more ways to monetize its hundreds of millions of users. One area it is targeting is gaming, which has historically been a lucrative business in China’s internet economy. China […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 03/11/2021 19:10 EDT

Luminar, Volvo subsidiary partner to sell automated driving systems to automakers

Luminar Technologies has deepened ties with Volvo Cars to develop and eventually sell an automated driving system for highways to other automakers. The partnership, announced Thursday, is between Luminar and Volvo’s self-driving software subsidiary Zenseact. The two companies are combining their tech to create what Luminar founder and CEO Austin Russell described as a “holistic […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 03/11/2021 19:01 EDT

Legl gets $7M to help law firms upgrade to digital workflows

B2B SaaS startup Legl has bagged $7M in Series A funding led by Octopus Ventures for its platform for law firms which offers tools to streamline core business processes such as customer onboarding, due diligence and payments. Existing investors Backed, Samaipata and First Round Capital, and angels including Carlos Gonzalez-Cadenas (ex CPO and COO GoCardless), Al Giles […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 03/11/2021 18:06 EDT

Daily Crunch: NFT artwork sells for $69M

The artist Beeple scores a huge NFT sale, Twitter Spaces are coming soon and Seth Rogen’s weed startup launches in the U.S. This is your Daily Crunch for March 11, 2021. The big story: NFT artwork sells for $69M For the first time, auction house Christie sold a digital-only artwork: “Everydays — The First 5000 […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 03/11/2021 16:50 EDT

Coupang follows Roblox to a strong first day of trading

Coupang's IPO was a success, no matter how you slice it, even if you have valuation quibbles. And it was a huge win for SoftBank. Read more

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TechCrunch
Rebecca Bellan @ TechCrunch · 03/11/2021 16:07 EDT

GM partners with startup SolidEnergy Systems to pack more energy in its batteries

GM’s venture arm invested in battery startup SolidEnergy Systems five years ago. Now, GM is tapping the MIT spinout to help it pack more energy into its batteries, the latest in a string of moves by the automaker aimed at accelerating its shift to electric vehicles. GM president Mark Reuss, who announced the partnership Thursday […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 03/11/2021 15:32 EDT

Beeple’s $69 million NFT sale marks a potentially transformative moment for the art world

Today, the auction of an NFT digital art collage from a relatively unrecognized digital artist ended with a purchase price above $69 million. The work, called Everydays – The First 5000 Days, chronicled several years-worth of daily sketches from the artist Mike Winkelmann — known online as Beeple. Unlike every other work the auction house […] Read more

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TechCrunch
Annie Siebert @ TechCrunch · 03/11/2021 15:26 EDT

Does your VC have an investment thesis or a hypothesis?

We’ve identified six common patterns of how VCs articulate their theses, and some best practices in doing so. Read more

3

TechCrunch
Annie Siebert @ TechCrunch · 03/11/2021 15:09 EDT

Regenerative agriculture is the next great ally in fight against climate change

Backed by innovations in science, big data, financing and farmer networking, investing in regenerative agriculture promises to slash farming’s carbon footprint while rewarding farmers for their stewardship. Read more

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TechCrunch
Abigail Bassett @ TechCrunch · 03/11/2021 14:21 EDT

The 2021 Volkswagen ID. 4 ticks all the boxes, except one

Volkswagen, once a dabbler in electric vehicles, is now betting its future on the technology. And the new Volkswagen ID.4 — a five-passenger, fully-electric crossover with a starting price of $33,995 (before federal or state incentives) — is its first global effort to make EVs a mainstream product and part of its larger goal to […] Read more

3

TechCrunch
Natasha Mascarenhas @ TechCrunch · 03/11/2021 13:57 EDT

Sequoia Capital puts millions of dollars into Gather, a virtual HQ platform

Gather helps people, well, gather in virtual spaces for any reason, whether it be for weddings, magic conventions, or, just a regular day at work. Over the past few months, as remote workers look for better ways to interact with each other, the startup has quietly amassed more than 4 million users, and today, an […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 03/11/2021 13:35 EDT

Sports trading card platform Alt launches with $31 million in funding and plenty of market hype

The alternative asset market showed promise pre-pandemic but amid a broader rally among traditional asset classes, the number of investors searching for and promoting value in the space has exploded. That has, in turn, promoted a pretty major influx of VC dollars into startups building platforms that wrangle these buyers into specific communities. Enter, Alt. […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 03/11/2021 13:34 EDT

Pakistan blocks TikTok again over ‘immoral and objectionable’ videos

Pakistan has blocked TikTok again in the country after reviewing a complaint that said the popular video app hosted immoral and objectionable content. A high court in the city of Peshawar on Thursday ordered the nation’s telecom authority — Pakistan Telecom Authority (PTA) — to ban TikTok. In a statement Thursday evening, Pakistan Telecom Authority […] Read more

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TechCrunch
Alexandra Ames @ TechCrunch · 03/11/2021 12:35 EDT

Let’s talk IP and M&A with Perkins Coie, Merus Capital & Brainbase at TC Early Stage in April

We’re just a few weeks out from the first TC Early Stage 2021 event on April 1-2. This two-day bootcamp helps early-inning founders develop core entrepreneurial skills for startup success. We’re talking essential topics led by experts in their field. Case in point. Intellectual property is your bread and butter — you need to safeguard it and […] Read more

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