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VR/AR startup valuations reach $45 billion (on paper)
Oct 18, 9:09PM
Despite early-stage virtual reality market and augmented reality market valuations softening in a transitional period, total global AR/VR startup valuations are now at $45 billion globally — include non-pure play AR/VR startups discussed below, and that amount exceeds $67 billion. More than $8 billion has been returned to investors through M&A already, with the remaining […]
Tilting Point acquires game monetization startup Gondola
Oct 18, 9:04PM
Tilting Point announced yesterday that it has acquired Gondola, a company that aims to increase to improve game monetization by optimizing in-game offers and video ads. Tilting Point CEO Kevin Segalla described his company’s model as “progressive publishing” — usually, mobile game developers starting working with Tilting Point because they need help with user acquisition, […]
Where are US fintech's next billion-dollar startups?
Oct 18, 8:14PM
As fintech investments soar to new heights, investors are looking at the bottom and top levels of the services stack to find the next billion-dollar startups. That’s the word from seasoned investors like Andreessen Horowitz’s managing director, Angela Strange, who has invested in a number of successful financial services technology companies. For Strange and Chris […]
Alphabet's Wing begins making first commercial drone deliveries in the US
Oct 18, 6:49PM
Alphabet -owned drone delivery spin-out Wing is starting to service U.S. customers, after becoming the first drone delivery company to get the federal go-ahead to do so earlier this year. Wing is working with FedEx Express and Walgreens on this pilot, and their first customers are Michael and Kelly Collver, who will get a “cough […]
Daily Crunch: Zuckerberg has thoughts on free speech
Oct 18, 6:44PM
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. 1. Zuckerberg on Chinese censorship: Is that the internet we want? The Facebook CEO spoke yesterday at Georgetown University, sharing his thoughts […]
Harley-Davidson has resumed production of the LiveWire
Oct 18, 6:18PM
Harley-Davidson has resumed production and deliveries of its electric LiveWire motorcycle after determining an issue with charging was isolated to a single vehicle. Harley-Davidson halted production and delivery of its first electric motorcycle earlier this week after discovering what it described at the time as a “non-standard condition.” Harley-Davidson didn’t recall any of the LiveWire […]
Who will own the future of transportation?
Oct 18, 6:18PM
Autonomous vehicles are often painted as a utopian-like technology that will transform parking lots into parks and eliminate traffic fatalities — a number that reached 1.35 million globally in 2018. Even if, as many predict, autonomous vehicles are deployed en masse, the road to that future promises to be long, chaotic and complex. The emergence […]
$35B face data lawsuit against Facebook will proceed
Oct 18, 5:53PM
Facebook just lost a battle in its war to stop a $35 billion class action lawsuit regarding alleged misuse of facial recognition data in Illinois. Today it was denied its request for an en banc hearing before the full slate of ninth circuit judges that could have halted the case. Now the case will go […]
Bloomberg Beta, now six years old, closes its third $75 million fund
Oct 18, 5:44PM
Bloomberg Beta, a San Francisco-based outfit that uses Bloomberg LP’s money to make bets on startups, has closed its third fund with $75 million, according to Roy Bahat, who’d previously run the online media company IGN and who operates the fund as an equal partnership with Karin Klein and James Chan. (Klein formerly ran Bloomberg’s […]
YellowHeart allows musicians and concert organizers to take more control of resold tickets
Oct 18, 4:05PM
YellowHeart is trying to solve a problem that should be familiar to anyone who’s ever tried to buy a ticket for a popular concert: Those tickets will often get snatched up by scalpers, who then resell them at a much higher price. In fact, the startup’s CEO, Josh Katz, said he founded the company because […]
Exclusive: 2019 HAX report reveals hardware startup trends
Oct 18, 4:04PM
Hardware startups are expanding from the world of consumer tech; global hardware accelerator HAX knows this better than most and details the latest trends in its yearly report. One of the most active early-stage hardware investors, the group today released exclusively to TechCrunch its yearly report with insights on hardware startups. The report highlighted several […]
Former Oracle co-CEO Mark Hurd has passed away
Oct 18, 4:01PM
Mark Hurd, who until last month was one of two CEOs leading the database software giant Oracle, has passed away at age 62, one month after telling employees in a letter that he was taking a leave of absence owing to health reasons. Staffers, who were notified that Hurd died earlier this morning, have been offering […]
A set of new tools can decrypt files locked by Stop, a highly active ransomware
Oct 18, 3:00PM
Thousands of ransomware victims may finally get some long-awaited relief. New Zealand-based security company Emsisoft has built a set of decryption tools for Stop, a family of ransomware that includes Djvu and Puma, which they say could help victims recover some of their files. Stop is believed to be the most active ransomware in the […]
Three of the best tackle the thorny issue of Brexit for startups at Disrupt Berlin
Oct 18, 2:29PM
The turbulence of Brexit has left both U.K. and European startups alike wondering about the best path forward. From recruiting to acquiring investment to scaling into other parts of Europe, the challenges seem to be mounting. By December, who knows what will have happened on the Brexit landscape, such is the chaos. At Disrupt Berlin […]
T-Mobile partners with Jeffrey Katzenberg's mobile streaming service Quibi
Oct 18, 1:51PM
On the heels of getting the FCC’s proposal to merge with Sprint, T-Mobile announced a plan to partner with Jeffrey Katzenberg’s mobile streaming service, Quibi. According to statements provided to the LA Times, and confirmed by Variety, Quibi CEO Meg Whitman specifically called out T-Mobile’s “impressive 5G road map” as a good fit for the […]
Greylock GP Sarah Guo is as bullish on SaaS as ever
Oct 18, 1:00PM
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast where each week we discuss other people's money and what sense their investment choices make (or don't).
Volvo creates a dedicated business for autonomous industrial and commercial transport
Oct 18, 11:23AM
Volvo Group has established a new dedicated business group focused on autonomous transportation, with a mandate that covers industry segments like mining, ports and moving goods between logistics hubs of all kinds. The vehicle maker has already been active in putting autonomous technology to work in these industries, with self-driving projects — including at a […]
Japan will participate in NASA's Lunar Gateway project for the Artemis program
Oct 18, 10:50AM
Japan has officially announced that it will participate with NASA’s Lunar Gateway project (via NHK), which will seek to establish an orbital research and staging station around the Moon. The Lunar Gateway is a key component of NASA’s Artemis program, which aims to land the first American woman and the next American man on the […]
NASA's first-ever all-woman spacewalk was a success
Oct 18, 10:24AM
NASA astronauts Christina H. Koch and Jessica Meir made history this, taking part in the first-ever spacewalk in the agency’s history featuring only women. The two astronauts ventured outside of the International Space Station in order to effect a repair on a failed power controller for the station, during a spacewalk that began at around […]
Last few hours to apply: TC Top Picks @ Disrupt Berlin 2019
Oct 18, 8:00AM
This is it, startup founders. Today, October 18, is the last day and your final opportunity to be chosen as a TC Top Pick, to score a free Startup Alley Exhibitor Package and to shine a bright spotlight on your company at Disrupt Berlin 2019 on 11-12 December. You have only a few hours left to beat […]
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