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Natasha Mascarenhas @ TechCrunch · 01/30/2021 14:00 EDT

Reddit co-founder on GameStop: ‘The collective public cannot unsee this’

When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed that the fintech darling suddenly didn’t live up to its name. The specific reasons may have been short-term and technical, but the choice looked corrupt to the average person. […] Read more

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TechCrunch
Sarah Perez @ TechCrunch 3 place · 01/30/2021 11:08 EDT

This Week in Apps: GameStop madness hits trading apps, Apple privacy changes, Clubhouse becomes a unicorn

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android […] Read more

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TechCrunch
Manish Singh @ TechCrunch 1 place · 01/30/2021 06:31 EDT

India plans to introduce law to ban Bitcoin, other private cryptocurrencies

India plans to introduce a law to ban private cryptocurrencies such as bitcoin in the country and provide a framework for the creation of an official digital currency during the current budget session of parliament. In the agenda (PDF) published on the lower house website, the legislation seeks to “prohibit all private cryptocurrencies in India,” […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/30/2021 02:15 EDT

Despite Brexit and COVID-19, Irish investors remain bullish

"Dublin is a really vibrant startup ecosystem," said Michelle Dervan of Rethink Education Management. "Young population. Lots of government supports to encourage entrepreneurship." Read more

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TechCrunch
Connie Loizos @ TechCrunch · 01/30/2021 00:35 EDT

The biggest exit for this L.A. venture firm may wind up being . . . canned water

Earlier this week, Science Inc, the 10-year-old, L.A.-based incubator and venture firm, rolled out a blank-check company onto the Nasdaq, raising $270 for what firm founders Peter Pham and Mike Jones say will ultimately be used to take public a company in the mobile, entertainment or direct-to-consumer service space — or maybe one that combines […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/29/2021 18:31 EDT

Daily Crunch: Robinhood raises $1B

Robinhood caps a wild week for new funding, Coinbase is going public and Johnson & Johnson reveals new vaccine trial data. This is your Daily Crunch for January 29, 2021. The big story: Robinhood raises $1B I know the newsletter has been dominated by Robinhood and stock market news for the past few days but, […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 01/29/2021 18:26 EDT

Robinhood limits users to a single share of GameStop and other stocks

Robinhood has detailed its latest step in the complex quagmire of market manipulation that is this week’s GameStop hedge fund Reddit army debacle. Users will for the present be limited to holding a single share of GameStop and dozens of other stocks. Several stocks were limited to five shares, and options contracts are likewise limited […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 01/29/2021 18:17 EDT

Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

Edtech is so widespread, we already need more consumer-friendly nomenclature to describe the products, services and tools it encompasses. Read more

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TechCrunch
Sarah Perez @ TechCrunch · 01/29/2021 17:44 EDT

How Roblox’s creator accelerator helps the gaming giant build new platform opportunities

As Roblox eyes what could be a historic debut on public markets in the coming months, investors who have valued the company at $29.5 billion are certainly eyeing the gaming company’s dedicated and youthful user base, but it’s the 7 million active creators and developers on the Roblox platform that they are likely most impressed […] Read more

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TechCrunch
Richard Dal Porto @ TechCrunch · 01/29/2021 16:26 EDT

Subscription-based pricing is dead: Smart SaaS companies are shifting to usage-based models

Out of nine SaaS IPOs in recent years that had the best net dollar retention, seven employ usage-based models. Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 01/29/2021 14:40 EDT

‘Frozen’ CG snow and crash-test cadavers offer hints for 60-year-old Russian mystery deaths

The Dyatlov Pass incident is the mother of all cold cases: 9 people found dead in 1959, deep in the Ural mountains, under circumstances no one has ever been able to satisfactorily explain. But new research uses simulation techniques from multiple eras to advance what is perhaps the least implausible story of this tragic mystery. […] Read more

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TechCrunch
Alexandra Ames @ TechCrunch · 01/29/2021 14:11 EDT

Reap big benefits when you attend both TC Early Stage 2021 events

Where can new founders and budding entrepreneurs turn for expert advice to navigate the formative phases of building a startup? Head to TechCrunch Early Stage — a two-day virtual bootcamp that gives early founders (pre-seed through Series A) access to the leading experts across a range of essential entrepreneurial skills. We’re talking dozens of workshops […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 01/29/2021 14:08 EDT

Customer advisory boards are a gold mine for startup brand champions

Any startup that hopes to build a direct connection with its customers should consider recruiting a group of users who will share their experiences, insights and advice. Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/29/2021 14:06 EDT

Three dimensional search engine Physna wants to be the Google of the physical world

In June of 1999, Sequoia Capital and Kleiner Perkins invested $25 million into an early stage company developing a new search engine called Google, paving the way for a revolution in how knowledge online was organized and shared. Now, Sequoia Capital is placing another bet on a different kind of search engine, one for physical […] Read more

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TechCrunch
Taylor Hatmaker @ TechCrunch 3 place · 01/29/2021 14:04 EDT

You can now give Facebook’s Oversight Board feedback on the decision to suspend Trump

Facebook’s “Supreme Court” is now accepting comments one of its earliest and likely most consequential cases. The Facebook Oversight Board announced Friday that it would begin accepting public feedback on Facebook’s suspension of former President Trump. Mark Zuckerberg announced Trump’s suspension on January 7, after the then-president of the United States incited his followers to riot […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 01/29/2021 13:26 EDT

Nerdy, a tutoring marketplace startup, is going public via SPAC

A gig economy-powered consumer edtech platform is heading to the New York Stock Exchange. Edtech startup Nerdy, which owns the popular tutoring business Varsity Tutors, is seeking to become a public company through a special purpose acquisition vehicle, otherwise known as a SPAC. Nerdy will merge with TPG Pace Tech Opportunities (NYSE: PACE), a publicly […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 01/29/2021 13:15 EDT

Internet of Cars: A driver-side primer on IoT implementation

How can we ensure that all of the new data from our smart cars will be handled in a secure and private way? Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/29/2021 12:24 EDT

Rocket fuel technology startup Firehawk Aerospace has added $1.2 million to its existing seed financing, bringing the full amount invested in the round to $2.5 million. The new tranche comes from Harlow Capital Management, a Dallas-based firm run by Colby Harlow, who will join Firehawk’s Board of Directors as part of the deal. Firewhawk, which […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 01/29/2021 11:36 EDT

Okta SaaS report finds Office 365 wins the cloud — sort of

Each year Okta processes millions of SaaS logons via its authentication system. It kindly aggregates that data to find the most popular apps and publishes an annual report. This year it found that the most popular tool by far was Microsoft Office 365. It’s worth noting that while app usage popularity varied by region, Office […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/29/2021 10:54 EDT

Rising African venture investment powers fintech, cleantech bets in 2020

To dig into African venture capital results, we're looking at a report concerning 2020 data from Briter Bridges, a research group that focuses on the continent's private capital market. Read more

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