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Darrell Etherington @ TechCrunch · 01/28/2021 14:57 EDT

Webull and Public remove restrictions on ‘memestocks’ after citing trade settlement firm as the cause

Two of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run on stocks including GameStop (GME) and AMC, among others, have removed all restrictions on their exchange by their users. Both Webull and Public had restricted transactions for the affected stocks earlier [
] Read more â€ș

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TechCrunch
Walter Thompson @ TechCrunch · 01/28/2021 14:40 EDT

Mind the gap: E-commerce marketers should revise their TAM and SAM estimates

Have you built your total addressable market (TAM) and serviceable addressable market (SAM) estimates for 2021 considering how things evolved in 2020? Read more â€ș

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TechCrunch
Lucas Matney @ TechCrunch · 01/28/2021 14:36 EDT

Coinbase is going public via direct listing

Coinbase plans to go public by way of a direct listing, the company announced in a blog post today. The cryptocurrency exchange was founded in 2012 and allows users to buy and trade decentralized tokens like bitcoin and ethereum. The company has raised over $540 million in funding as a private company. Last month, the [
] Read more â€ș

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TechCrunch
Sarah Perez @ TechCrunch · 01/28/2021 14:22 EDT

Twitter is already working on integrating newsletters on its site, following Revue acquisition

Twitter only announced its acquisition of newsletter platform Revue two days ago, but the company has already begun to integrate the product into the Twitter.com website. It appears “Newsletters” will soon be the newest addition to Twitter’s sidebar navigation, alongside Bookmarks, Moments, Twitter Ads, and other options. The company is also readying a way to [
] Read more â€ș

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TechCrunch
Connie Loizos @ TechCrunch · 01/28/2021 14:22 EDT

Report: WeWork could be getting SPAC’d soon, too

According to a new report in the WSJ, WeWork, the co-working juggernaut that saw its attempt at a public offering blow up in spectacular fashion in the fall of 2019, might become a publicly traded company by merging with a blank-check company. Specifically, says the WSJ,  the New York-based outfit has been “weighing offers from [
] Read more â€ș

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 01/28/2021 14:15 EDT

Robinhood stops the games

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week the team — Natasha and Danny and Alex and Grace — recorded a bonus Equity Shot to help our listeners make sense out of the Gamestop trading bonanza happening all over the internet. The story is fast-moving, and news continues to break [
] Read more â€ș

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TechCrunch
Megan Rose Dickey @ TechCrunch · 01/28/2021 14:08 EDT

Hear from Arlan Hamilton on finding the next big opportunities in tech at TC Sessions: Justice

I’m very excited to announce Arlan Hamilton, founder and managing partner of Backstage Capital, will be joining us in a fireside chat at TC Sessions: Justice on March 3. Backstage Capital has raised more than $12 million to invest in more than 150 companies led by people of color, women and/or LGBTQ founders, including Spora [
] Read more â€ș

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TechCrunch
Natasha Lomas @ TechCrunch · 01/28/2021 13:52 EDT

Apple’s Tim Cook warns of adtech fuelling a “social catastrophe” as he defends app tracker opt-in

Apple’s CEO Tim Cook has urged Europe to step up privacy enforcement in a keynote speech to the CPDP conference today — echoing many of the points he made in Brussels in person two years ago when he hit out at the ‘data industrial complex’ underpinning the adtech industry’s mass surveillance of Internet users. Reforming [
] Read more â€ș

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 01/28/2021 13:45 EDT

Inspirit launches to bring Minecraft creativity to biology class

Aditya Vishwanath, the founder of Inspirit, wants to bring the creativity associated with Minecraft to the day-to-day schoolwork of students around the world. “These students are coming from TikTok and playing Roblox games [that are] highly interactive and highly engaging,” he said. “Then, they’re coming to the classroom and watching a 20-minute lecture from a [
] Read more â€ș

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/28/2021 13:38 EDT

Urban-X launches its latest cohort as the world catches up to the accelerator’s climate thesis

Urban-X, the accelerator launched by the venture capital fund Urban US and BMW’s MINI subsidiary to invest in companies that primarily address sustainable and resilient living in the cities of the future, has launched its latest cohort. This ninth cohort of companies are coming to market at a time when the world’s largest investors are [
] Read more â€ș

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TechCrunch
Connie Loizos @ TechCrunch · 01/28/2021 13:31 EDT

GGV Capital just announced $2.52 billion across new funds for ‘entrepreneurs around the world’

GGV Capital, the now 20-year-old venture firm that has long invested primarily in the U.S. and China, just closed on a whopping $2.52 billion in fresh capital commitments across four new funds, it announced this morning. Much of the money will be invested through the firm’s eighth flagship fund, which has $1.5 billion to plug [
] Read more â€ș

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TechCrunch
Walter Thompson @ TechCrunch · 01/28/2021 13:14 EDT

SPACs are the construct VCs need to fund clean tech

SPACs are going to be the tool needed to bring clean tech up to par with sectors such as healthcare. It’s a development that will benefit all of us. Read more â€ș

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TechCrunch
Taylor Hatmaker @ TechCrunch · 01/28/2021 12:49 EDT

AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility

With Reddit’s interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning. Reddit wasn’t happy — and neither are some lawmakers. The incident apparently struck an unusual bipartisan chord, with Texas Republican Ted Cruz throwing his weight behind progressive Democrats who called out [
] Read more â€ș

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TechCrunch
Lucas Matney @ TechCrunch · 01/28/2021 12:42 EDT

Gowalla raises $4 million from GV and Spark for its AR social app

The newly resurrected Gowalla wants to realize its mobile dreams from the early-aughts in an augmented reality world, and they’ve raised some new funding to make it happen. The AR startup tells TechCrunch that it has raised $4 million in seed funding co-led by Google’s venture arm GV and Spark Capital. Other investors include Niantic, [
] Read more â€ș

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TechCrunch
Mike Butcher @ TechCrunch · 01/28/2021 11:40 EDT

CybSafe raises $7.9M Series A led by IQ Capital for its ‘behavioral’ cybersecurity platform

Cybersecurity startup CybSafe, a ‘behavioral security’ platform, has raised $7.9 million in a Series A funding round led by IQ Capital with participation from Hanover Digital Investments (HDI) GmbH and B8 Ventures. The investment round will be used to focus on expanding its enterprise and mid-market client base. CybSafe is a SaaS product with a [
] Read more â€ș

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TechCrunch
Brian Heater @ TechCrunch · 01/28/2021 11:27 EDT

Smartphone sales slowed decline in Q4, with a big assist from Apple

New numbers from Canalys show a slowing in the major smartphone decline we saw for 2020. The past year was, of course, a major blow to an industry already suffering a slide. Hope that the arrival of 5G would right the ship were dashed by Covid-19. Things are looking up, fueled in large part by [
] Read more â€ș

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/28/2021 11:18 EDT

GM pledges to be carbon neutral by 2040 with zero tailpipe emission vehicles by 2035

General Motors has announced plans to be carbon neutral by 2040 — removing emissions from all of its products and global operations or offsetting those emissions through carbon credits or carbon capture within the next two decades. The company also committed to have a fully electric fleet of vehicles by 2035. It’s a big step [
] Read more â€ș

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TechCrunch
Anthony Ha @ TechCrunch · 01/28/2021 11:16 EDT

Storetasker revamps its Shopify developer marketplace

Storetasker is an online marketplace focused on connecting Shopify merchants with developers and other experts who can help grow their business. The product is now owned by the startup previously known as Lorem. Co-founder and COO Charlie Fogarty explained that while Lorem originally had a broader mission of connecting small businesses and developers, “We realized [
] Read more â€ș

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TechCrunch
Sarah Perez @ TechCrunch · 01/28/2021 11:05 EDT

Robinhood and Reddit top the App Store, as trading apps surge following GameStop mania

The GameStop mania didn’t just drive up the stock price of a declining video game retailer, it’s also sent trading apps and others to the top of the App Store, due to record-breaking downloads. Today, the popular trading app Robinhood has become the No. 1 app overall on the App Store for the first time, [
] Read more â€ș

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