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Ride-hailing firm Grab is losing its CTO
Apr 24, 12:46PM
Grab is once again on the hunt for a CTO after Theo Vassilakis, the former Microsoft and Google executive who currently occupies the role, announced that he will leave the ride-hailing company this summer. Vassilakis became Grab CTO in October 2017, ending a very long search to fill the job, but he explained in a […]
Selina raises $100M at an $850M valuation for its network of living spaces for digital nomads
Apr 24, 12:27PM
The rising tide of Airbnb is lifting all boats, and today a startup that’s building a series of living-coworking-activity spaces across the world primarily geared at digital nomads is reeling in a sizeable round to take its business to the next level. Selina, which operates a network of 22,000 beds out of boutique hostel-style operations […]
VDOO secures $32M for a platform that uses AI to detect and fix vulnerabilities on IoT devices
Apr 24, 10:45AM
Our universe of connected things is expanding by the day: the number of objects with embedded processors now exceeds the number of smartphones globally and is projected to reach some 18 billion devices by 2022. But just as that number is growing, so are the opportunities for malicious hackers to use these embedded devices to crack […]
Drone delivery startup Zipline launches UAV medical program in Ghana
Apr 24, 10:00AM
Zipline, the San Francisco-based UAV manufacturer and logistics services provider, has launched a program in Ghana today for drone delivery of medical supplies. Working with the Ghanaian government, Zipline will operate 30 drones out of four distribution centers to distribute vaccines, blood, and life-saving medications to 2000 health facilities across the West African nation daily. […]
UK gives Huawei an amber light to supply 5G
Apr 24, 9:13AM
The UK government will allow Huawei to be a supplier for some non-core parts of the country’s 5G networks, despite concerns that the involvement of the Chinese telecoms vendor could pose a risk to national security. But it will be excluded from core parts of the networks, according to reports in national press. The news […]
Holded, the 'business operating system' for SMEs, gets €6M in Series A funding led by Lakestar
Apr 24, 8:00AM
Holded, the Barcelona-based startup that offers a SaaS to help SMEs with a range of business tasks, has raised €6 million in Series A funding. The round is led by Lakestar, with previous backers Nauta Capital and Seedrocket 4Founders Capital following on. Founded in 2016 by Bernat Ripoll and Javi Fondevila, Holded describes itself as […]
AV8 Ventures launches with $170M to invest in digital health, mobility and enterprise tech
Apr 24, 6:59AM
The fund, headquartered in Palo Alto and London, is backed solely by German insurance business Allianz.
A new Tesla Model S can now drive from Los Angeles to San Francisco on a single charge
Apr 24, 2:57AM
Tesla has announced that it has extended the range of its Model S vehicle to 370 miles and Model X to 325 miles on a single charge — extending the range of its flagship car to make the trip from Los Angeles to San Francisco on a single charge. The extensions beat Tesla’s previous records […]
The IPO market is heating up again, but it won't change how fast companies go public
Apr 24, 12:13AM
It’s been an exciting couple of months for startup employees and public market shareholders alike, as a growing number of brands that have talked about going public for some time are finally marching out the door and, on the whole, receiving enthusiastic receptions. Lyft, Zoom, PagerDuty, and Pinterest all priced above their marketed ranges in […]
'Avengers: Endgame' is a very silly movie, but it ends in exactly the right way
Apr 23, 10:41PM
With just a few days until the release of “Avengers: Endgame,” Marvel fans everywhere are probably wondering A) Who dies?? and B) Will this actually resolve the cliffhanger ending of “Infinity War” in a satisfying way? So, just to get it out of the way: A) I’m not telling, and B) Kind of? Mostly? It […]
Jack Dorsey just met with Trump to talk about the health of Twitter's public discourse
Apr 23, 9:36PM
Twitter’s co-founder and CEO historically doesn’t have the most discerning tastes when it comes to who he decides to engage with. Fresh off the podcast circuit, today a thoroughly beardy Jack Dorsey sat down with President Trump for his most high-profile tête-à -tête yet. Unlike his recent amble onto the Joe Rogan show, Dorsey’s 30-minute meeting […]
Postmates has launched in 1,000 new cities since December
Apr 23, 9:06PM
The on-demand delivery platform is expanding rapidly ahead of its 2019 IPO.
Manufacturing giant Aebi Schmidt hit by ransomware
Apr 23, 9:04PM
Aebi Schmidt, a European manufacturing giant with operations in the U.S., has been hit by a ransomware attack, TechCrunch has learned. The Switzerland-based maker of airport maintenance and road cleaning vehicles had operations disrupted Tuesday following the malware infection, according to a source with knowledge of the incident. Systems went down across the company’s international […]
Singapore's Saleswhale raises $5.3M to bring AI to sales and marketing teams
Apr 23, 9:00PM
Saleswhale, a Singapore-based startup that uses AI to help marketers and salespeople close deals, has announced a Series A round worth $5.3 million. The investment is led by Monk’s Hill Ventures — the Southeast Asia-focused firm that took part in Saleswhale’s seed round in 2017 — with participation from existing backers GREE Ventures, Wavemaker Partners […]
Why unicorns can raise $1 billion but can't figure out diversity and inclusion
Apr 23, 9:00PM
I was 13 when I was selected for a competitive math, science and computer science program. Of the 100 kids, I was one of two black girls. The tech industry is no more diverse now than it was then.
Tumblr – finally – enables HTTPS for all accounts
Apr 23, 8:59PM
Better late than never, Tumblr has rolled out HTTPS across its entire site. In a brief post on Tumblr’s engineering page, the company said all Tumblr sites will now have the web encryption setting enabled by default, though it admitted the move was “long-overdue.” Tumblr, which like TechCrunch is owned by Verizon, has 464 million […]
Check out all the demos from TC Sessions: Robotics + AI
Apr 23, 8:53PM
We're incredibly proud of the programming we put together for this year's TC Sessions: Robotics + AI. It's my personal favorite TechCrunch event and I think this year's way easily our best. We had top names in the industry like Marc Raibert, Claire Delaunay, Colin Angle, Anthony Levondowski and Melonee Wise join us onstage. But […]
EBay beats with revenues of $2.6B and EPS of $0.67 as restructuring takes shape
Apr 23, 8:37PM
As eBay continues to work through a restructuring strategy, the e-commerce marketplace and online auction pioneer reported earnings for the first quarter of the year that should keep some of the more activist shareholders a little at bay. The company reported revenues of $2.6 billion and non-GAAP net income of $608 million, or diluted earnings […]
Snapchat revives growth in Q1 beat with 190M users
Apr 23, 8:13PM
Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up 2 percent from 186 million in Q4 2018 when it plateaued, but still down from 191 million a year ago. Snap added as […]
Snapchat fully rolls out reengineered Android app, boosting usage
Apr 23, 8:11PM
After a year of its user count shrinking or staying flat, Snapchat is finally growing again, and more growth is likely on the way. That’s because it’s finally completed the rollout of Project Mushroom, aka a backend overhaul of its Android app that’s 25 percent smaller and 20 percent faster. Designed for India and other […]
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