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Talent Garden raises €44M to expand in cities ignored by the WeWork-style spaces
Mar 11, 10:00AM
Finding myself talking at a startup conference in Kosovo three years ago (as one does), I realized how close I was to Albania, a place which held some fascination for me. I managed to grab a lift with a friendly techie to Tirana, where they arranged for me to speak to the local tech community. […]
Tesla u-turns on store strategy, will keep half of showrooms open… and hike prices by 3%
Mar 11, 9:49AM
It wouldn’t be Tesla if it didn’t keep us guessing a little… Electric car company Tesla announced that it is making a u-turn of sorts with its sales strategy. After saying at the end of February that it would close down nearly all of its 200-odd retail stores to sell its cars online-only in an […]
Algolux announces Ion, a development platform for autonomous vision systems
Mar 11, 9:00AM
Algolux, founded in 2015, isn't exactly a household name in the already-crowded world of automotive computer vision. But the Quebec-based startup has generated some interest among investors. For instance, it's raised $13.4 million, including a $10 million Series A led by General Motors Ventures last May. Not bad, given the fact that it’s remained a […]
China's authorities propose to keep minors out of live streaming
Mar 11, 8:27AM
China is getting serious about the way live streaming videos affect tens of millions of youngsters, so much so a top authority has proposed to tighten restrictions on underage use. According to a report from the China Youth Daily, the Communist Party-controlled All Youth Federation recently submitted a proposal during the once-a-year parliamentary session, urging […]
Starling Bank to open second UK office, creating up to 150 tech and support jobs in Southampton
Mar 11, 8:00AM
Starling Bank, the U.K. challenger bank founded by banking veteran Anne Boden, is to open a second U.K. office this summer, where it plans recruit up to 50 software engineers and up to 100 customer service team members. The planned location is Southampton, on the south coast of England, and will be Starling’s first office […]
Alexandria Ocasio-Cortez says labor should not fear automation
Mar 10, 11:33PM
It's impossible to discuss the seismic shift toward automation without a conversation about job loss. Opponent of these technologies criticize a displacement that could some day result wide scale unemployment among what is often considered "unskilled" roles. Advocates, meanwhile, tend to suggest that reports of that nature tend to be overstated. Workforces shift, as they […]
Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together
Mar 10, 11:09PM
Appen just announced that it’s acquiring Figure Eight in an all-cash deal that sees Appen paying $175 million upfront, with an additional payment of up to $125 million based on Figure Eight’s performance this year. Both companies focus on using crowdsourced labor pools to annotate data, which in turn is used to train artificial intelligence and […]
The next great debate will be about the role of tech in society and government
Mar 10, 10:00PM
Tony Blair Contributor Share on Twitter Tony Blair is the Executive Chairman of the Institute for Global Change and former Prime Minister of Great Britain and Northern Ireland. The Industrial Revolution dramatically re-ordered the sociology of politics. In the US, the Populist Party in the United States was founded as a force in opposition to capitalism, wary […]
The future of flying
Mar 10, 8:23PM
>From 3500 feet up California is a glorious patchwork quilt of green and gold, textured by rippling mountains and shining water. Ahead of us we see the Carquinez Bridge and the Bay; behind us, the fingers of Lake Berryessa curl into the steep hills. Twenty minutes ago I stood barefoot in the soft grass on […]
Captain Marvel rakes in $455 million in worldwide weekend haul
Mar 10, 7:27PM
Captain Marvel, the latest superhero film from Disney’s Marvel franchise, is bringing home the bacon — to the tune of a $455 million box office total for the weekend. The movie, Marvel’s first to be headlined exclusively by a female superhero, is off to the second largest global opening of any superhero movie behind Avengers: […]
Josh Wood, hair colorist to the stars, gets $6.5M led by Index in its latest D2C bet
Mar 10, 5:50PM
In the age of Amazon, where up to 90 percent of all consumers use it to buy goods and Amazon is accounting for a rapidly-growing percentage of a consumer’s total retail spend (along with other giants like Walmart), direct-to-consumer brands — leveraging social media alongside tech-first apps — are emerging as sometimes surprising, but often effective, […]
With these numbers, it's no surprise SoftBank is investing in Latin America
Mar 10, 5:10PM
After SoftBank announced its plans to launch a $5 billion innovation fund in Latin America, we reached out to the good folks at the Latin American Venture Capital Association (LAVCA) for some context.
This VC went long on HotelTonight and it paid off; here's how.
Mar 10, 4:43PM
Brian O’Malley has enjoyed a lot of success as a venture capitalist, thanks to bets on Bazaarvoice before its IPO, Dollar Shave Club before it was nabbed by Unilever, and a variety of other startups that were ultimately acquired or went public. It’s one reason that O’Malley, who began his venture career with Battery Ventures […]
It's time to disrupt nuclear weapons
Mar 10, 1:08AM
Beatrice Fihn Contributor Share on Twitter Beatrice Fihn is the executive director of the International Campaign to Abolish Nuclear Weapons and the winner of the 2017 Nobel Peace Prize. “Atomic bombs are primarily a means for the ruthless annihilation of cities.” Those are the words of Leo Szilard, one of the scientists who pushed for […]
Elizabeth Warren also wants to break up Apple
Mar 10, 12:42AM
Massachusetts Senator and 2020 presidential candidate Elizabeth Warren made waves yesterday when she outlined her plan for breaking up big tech companies like Amazon, Google and Facebook. Now, The Verge reports Warren also wants to break up Apple. This, of course, makes sense given that Apple falls into the bucket of a platform utility with […]
My little robot dude
Mar 09, 9:05PM
It was only a matter of time before I let a robot enter my apartment and run wild. Roomba’s have been around since 2002, so it’s somewhat odd that it took me so long to get on board the robot vacuum train. But, alas, I’ve been testing the Roborock S5, a combo vacuum and mop, […]
Why Warriors' Andre Iguodala joined African unicorn Jumia's board of directors
Mar 09, 6:07PM
Andre Iguodala, a key member of the Golden State Warriors basketball team, is no stranger to the tech industry. He’s invested in Tristan Walker’s Walker & Company, which has since been acquired by Procter & Gamble, electric scooter startup Lime and many others. Now, he’s joined the board of directors over at Jumia, an African e-commerce […]
Did Sam Altman make YC better or worse?
Mar 09, 5:17PM
Y Combinator revealed yesterday that its president, Sam Altman, is stepping down from his role to become the accelerator program’s chairman. This change, said YC, will allow Altman to “spend more time focusing on OpenAI,” the San Francisco-based nonprofit that was cofounded by Altman and Elon Musk three years ago to get ahead of the […]
Small VC funds continue to raise, despite pressure from above
Mar 09, 5:09PM
Recently, we bore out with data what has been felt for several years in most U.S. tech scenes: a rising venture market raises funds of all sizes. But it's a trend that most favors entrenched firms.
Transportation Weekly: Waymo unleashes laser bear, Bird spreads its wings, Lyft tightens its belt
Mar 09, 5:02PM
Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch . This is the fifth edition of our newsletter and we love the reader feedback. Keep it coming. Never heard of TechCrunch’s Transportation Weekly? Catch up here, here and here. As I’ve written before, consider this a soft launch. Follow […]
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