For China’s food delivery workers, life can feel like a constant battle with algorithms, traffic police, and disgruntled customers. An essay detailing the hazardous work conditions of China’s food delivery drivers went viral on the internet on Tuesday, causing a moment of national reckonings on algorithmic harms to people. In China’s populated urban hubs, one […] Read more ›
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Dawn Capital, the London-based VC that focuses on B2B software, has closed its fourth and largest fund: $400 million that it plans to use to continue investing in early stage startups. Oversubscribed and closed (all remotely) within six months of launching in the midst of a global health pandemic, the news underscores how VCs — […] Read more ›
0
Indian billionaire Mukesh Ambani’s retail business Reliance Retail said on Wednesday it will raise $1.02 billion from Silver Lake, kickstarting a fundraising spree months after its sister venture Jio Platforms raised $20 billion. The investment in Reliance Retail will grant Silver Lake a 1.75% equity stake in India’s largest retail chain. The deal values Reliance […] Read more ›
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Panasonic is adding another production line to the massive factory it operates with Tesla in Nevada, an expansion that will increase battery cell capacity by 10%. The Sparks facility, dubbed Gigafactory 1, is the centerpiece of Tesla’s plan to expand global battery capacity and reduce the cost of electric vehicles. Panasonic has been its most important […] Read more ›
20
Disrupt 2020 is mere days away, but we’ve added pre-Disrupt events to help startup founders up their game, increase their ROI and drive their business forward. What’s next on the agenda? If you’re a founder with big ideas, get ready for a rare opportunity designed to help you fund your startup dreams. Thursday, September 10th […] Read more ›
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I quite like the iPad Pro 11 inch with the Magic Keyboard. In the Land of Pandemic where every day is Saturday, the tablet is king. With no real purchase on the chaotic flow of life, the rules — any rules — of the road are very dear to me. Structure is arbitrary but […] Read more ›
2
Online advertising is a game of scale, but one attempt to consolidate two competitors to better take on Google and Facebook has fallen apart. Taboola and Outbrain, two Israeli/NYC startups that each provide publishers with ad-based content recommendation platforms, have called off a planned $850 million merger. The news of the cancellation had been rumoured […] Read more ›
5
Apple strikes back at Epic Games, Android 11 is here and Microsoft announces a new stripped-down Xbox. This is your Daily Crunch for September 8, 2020. The big story: Apple files countersuit against Epic Apple has made the latest move in a legal battle against Epic Games, filing a lawsuit claiming that the company behind […] Read more ›
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Twitter is working to make its real-time Trending section less confusing. Last week, the company announced it would begin pinning a representative tweet that gives more insight about a trend to the trend’s page and promised more changes would soon be underway. Today, the company says it will begin writing headlines and descriptions for some […] Read more ›
14
After months of teasers and announcements, Lucid Motors will finally reveal its first all-electric luxury sedan, the Air, during a live stream on September 9. But of course, the day before the big reveal, a little bit of news has trickled out. Lucid Motors has previously alluded that it will offer a high-end variant of […] Read more ›
25
A graphic video of a man committing suicide spread across TikTok early this week, and the company is still working to remove it. Originating on Facebook Live, the clip was uploaded onto TikTok over the weekend and began to take root in users’ algorithmic recommendations. While the video first made the jump from Facebook in […] Read more ›
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DNX Ventures, an investment firm that focuses on early-stage B2B startups in Japan and the United States, announced today that it has closed a new $315 million fund. This is DNX’s third flagship fund and along with supplementary annexed funds, brings its total managed so far to $567 million. Founded in 2011, with offices in […] Read more ›
7
Lidar startup Ouster has spent the past several years expanding and improving its line of sensors as it jostles for a piece of the crowded and competitive market place. Now, Ouster says it has raised $42 million, fresh capital that will be used to fund product development and ramp up sales. In short: Ouster is […] Read more ›
10
On the heels of new filings from both Sumo Logic and JFrog, Snowflake, a venture-backed unicorn looking to go public on the strength of its data-focused cloud service, set an initial price range for its IPO. The $75 to $85 per-share IPO price target values the firm at between $20.9 billion and $23.7 billion, huge […] Read more ›
12
Apple has filed a countersuit against Epic over the latter’s attempt to circumvent App Store rules and avoid paying millions in fees. The lawsuit alleges that Epic is deliberately in breach of contract and asks the court to award damages and prohibit Epic from attempting anything like this again. A brief refresher: Epic in mid […] Read more ›
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Dropbox CEO Drew Houston will be joining us for a one on one interview at this year’s TechCrunch Disrupt happening next week from September 14-18. Houston has been there and done that as a startup founder. After attending Y Combinator in 2007 and launching at the TechCrunch 50 (the precursor to TechCrunch Disrupt) in 2008, […] Read more ›
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Nintendo has announced a surprise spin-off prequel to its modern classic Breath of the Wild, an action-focused game called Hyrule Warriors: Age of Calamity. You’ll play the role of Link, as usual, but also the four champions and Princess Zelda herself, in attempting (unsuccessfully, as we know) to fight back the hordes of Ganon 100 […] Read more ›
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Apple is expanding its investment in podcasts. Today, Apple Books and Oprah announced the launch of “Oprah’s Book Club” podcast, an eight-episode series that will explore themes related to Oprah’s Book Club pick and bestseller, “Caste: The Origins of Our Discontents,” by Pulitzer Prize-winning journalist and author Isabel Wilkerson. The podcast is the first to […] Read more ›
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I cover a lot of data breaches. From inadvertent exposures to data-exfiltrating hacks, I’ve seen it all. But not every data breach is the same. How a company responds to a data breach — whether it was their fault — can make or break its reputation. I’ve seen some of the worst responses: legal threats, […] Read more ›
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When AngelList first launched rolling funds, an investment vehicle that raises money through a quarterly subscription from interested investors, the company looked at it as a bet. But early interest from emerging fund managers indicates that rolling funds might be more of the future of the company, according to AngelList CEO Avlok Kohli. “Rolling funds […] Read more ›
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10.05.2026 19:08
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