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Equity transcribed: Why Om Malik thinks 'the VC subsidized life is over'
May 11, 3:09AM
It’s time for another transcribed edition of Equity. This week for the regularly scheduled episode we had the whole crew pop into the San Francisco studio. Kate Clark, Connie Loizos and Alex Wilhelm were joined by Om Malik, former journalist and current VC at True Ventures. They convened just after Uber priced, so they had […]
India's most popular services are becoming super apps
May 11, 3:01AM
Truecaller, an app that helps users screen strangers and robocallers, will soon allow users in India, its largest market, to borrow up to a few hundred dollars. The crediting option will be the fourth feature the nine-year-old app adds to its service in the last two years. So far it has added to the service […]
These companies may smooth startups' path to the public market — if they don't kill each other first
May 11, 1:35AM
This morning, the SEC approved as the U.S.’s 14th stock exchange Long Term Stock Exchange (LTSE), an outfit that was conceived in 2012 by “Lean Startup” author Eric Ries as a place where public market shareholders who hold onto their shares through thick and thin would be rewarded for their loyalty. Ries thinks such rewards […]
Facebook sues analytics firm Rankwave over data misuse
May 11, 12:37AM
Facebook might have another Cambridge Analytica on its hands. In a late Friday news dump, Facebook revealed that today it filed a lawsuit alleging South Korean analytics firm Rankwave abused its developer platform’s data, and has refused to cooperate with a mandatory compliance audit and request to delete the data. Facebook’s lawsuit centers around Rankwave […]
Equity Shot: Judging Uber's less-than-grand opening day
May 10, 11:41PM
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines.
A brief history of Uber's bumpy road to an IPO
May 10, 10:02PM
It’s been nine years since UberCab made its first appearance on the WordPress pages of this website. In the ensuing years, the startup has grown from an upstart looking to upend the taxi cab cartels, to a juggernaut that has its hands in every form of transportation and logistics service it can think of. In […]
Virgin Galactic is 'coming home' to Spaceport America in New Mexico
May 10, 9:42PM
Aspiring space tourism outfit Virgin Galactic has just announced its readiness to shift its operations to New Mexico's Spaceport America, from which the company's first commercial flights will take off. "Virgin Galactic is coming home to New Mexico where together we will open space to change the world for good," said Virgin founder Sir Richard Branson.
Elon Musk's 'pedo guy' defamation case is going to trial
May 10, 8:52PM
A defamation case filed last year against Tesla and SpaceX CEO Elon Musk after he repeatedly called a British cave diver “pedo guy” will go to trial on October 22, a U.S. district judge determined Friday. Vernon Unsworth, the British cave diver, filed a defamation lawsuit in September 2018 in the U.S. District Court for […]
GitHub gets a package registry
May 10, 8:30PM
GitHub today announced the launch of a limited beta of the GitHub Package Registry, its new package management service that lets developers publish public and private packages next to their source code. To be clear, GitHub isn’t launching a competitor to tools like npm or RubyGems. What the company is launching, however, is a service […]
Uber's first day as a public company didn't go so well
May 10, 8:14PM
Uber (NYSE: UBER) closed down nearly 8 percent after a rocky debut Friday.
Tinder is preparing to launch a lightweight version of its dating app called 'Tinder Lite'
May 10, 8:06PM
Tinder is preparing to launch a version of its popular dating app aimed at users in emerging markets. The app, which will be called “Tinder Lite,” offers a smaller, more lightweight version of the current flagship app, the company says. Smaller app size is a defining characteristic of most of today’s “Lite” apps, which are […]
Uber's trading debut: who was (and wasn't) at the opening bell
May 10, 6:52PM
Uber finally made its debut Friday on the New York Stock Exchange, ending its decade-long journey from startup to publicly traded company. So far, it’s been a ho-hum beginning, with shares opening at $42, down from the IPO price. The share price is hovering just under $44. Thirteen people, including executives, early employees, drivers and […]
Blue Moon Brewing is capitalizing on Bezos' news with a lunar lander keg
May 10, 6:06PM
Every so often, a big corporation manages to play the news cycle just right. Generally such things aren't recommended and can fairly easily backfire, but the MillerCoors-owned Blue Moon Brewery would have been silly not to have capitalized on yesterday's big announcement from Jeff Bezos's Blue Origin. So👏🏽do👏🏽we👏🏽 https://t.co/jEHNRhHRHq — Blue Moon Brewing Co (@BlueMoonBrewCo) […]
Meet Bobbie, a baby formula delivery startup promising healthier ingredients
May 10, 5:49PM
Don’t like the idea of your baby guzzling down liquid candy all day? It may surprise you to find corn syrup is the main ingredient in most infant formulas in the U.S. That’s where Bobbie, a Bay Area-based baby formula delivery startup promising only wholesome ingredients, hopes to fill in. Just go down the baby […]
Daily Crunch: Uber goes public
May 10, 5:23PM
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. Uber opens at a disappointing $42 per share At long last, it's lift-off for Uber . After pricing its initial public offering […]
How the trade war with China hit Uber's public offering
May 10, 4:45PM
Uber’s much heralded public offering has arrived not so much with a bang as with a whimper, thanks largely to the ongoing trade war between the U.S. and China. Overnight, the U.S. government made good on the threat from President Donald Trump to hike tariffs on $200 billion worth of Chinese goods to 25% up […]
Sports streamer fuboTV to expand into ad-supported free streaming, original content
May 10, 4:07PM
The sports-focused streaming service fuboTV will soon follow the rest of the industry by offering its own free and ad-supported streaming channel, in addition to its paid subscription, sometime later this year. The news was exclusively shared with The Wrap (paywalled) in an interview with fuboTV co-founder and CEO David Gandler. FuboTV confirmed the accuracy […]
How to think about inclusion in tech, with Chanda Prescod-Weinstein (Part 2)
May 10, 4:05PM
Technology is very much in the business of, quite literally, changing the world. When I was deciding whether to write for TechCrunch, I tried to imagine a human life on this planet, in 20 or 30 years, that would not have been dramatically impacted in one way or another by the new technologies we’re creating […]
Uber opens at a disappointing $42 per share
May 10, 3:52PM
At long last, it's lift-off for Uber.
Watch Jeff Bezos unveil his grand space plans here
May 10, 3:17PM
Grizzled TechCrunch reporter Matt Burns was onsite at yesterday's big Blue Origin reveal, but if you're reading this right now, odds are you weren't. It was a small gathering, and Jeff Bezos, who tends to be fairly secret for such a public billionaire, opted not to live stream the fairly intimate press conference. The full […]
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