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Koan, launched by a cofounder of Jive Software, has raised $3 million in seed funding
Oct 23, 9:58PM
Koan, a three-year-old online platform that aims to help teams achieve their objectives and stay engaged, has raised $3 million in seed funding led by Uncork Capital and Crosslink. Koan, cofounded and led by CEO Matt Tucker — who previously cofounded Jive Software, an outfit that made social software for businesses and went public in […]
Tesla surprises with a profit in the third quarter
Oct 23, 9:21PM
Tesla returned to profitability in the third quarter after two periods of losses surprising Wall Street and sending shares higher in after-market trading, according to earnings reported after market closed Wednesday. The automaker’s third-quarter results included $143 million in net income, or 80 cents a share, compared with $311 million, or $1.82 a share, in […]
Truebill raises $15M to build a comprehensive platform for personal finance
Oct 23, 9:14PM
Personal finance startup Truebill announced today that it has raised $15 million in Series B funding. The new funding was led by Eldridge Industries, with participation from Evolution VC previous investors including Cota Capital, Lucas Venture Group and YouTube co-founder Jawed Karim. When the Y Combinator-backed startup raised seed funding back in 2016, it was focused […]
Founder-investor Natalie Massenet on how new brands win
Oct 23, 8:34PM
Natalie Massenet, the fashion entrepreneur who founded the designer fashion portal Net-a-Porter, chaired the British Fashion Council for four years and today runs Imaginary Ventures, a venture firm that’s focused on consumer startups, took the stage a bit ago at Vanity Fair’s New Establishment Summit. There, she was asked why Imaginary has funded more women […]
Legged lunar rover startup Spacebit taps Latin American partners for Moon mission
Oct 23, 7:56PM
U.K.-based lunar rover startup Spacebit, a company developing robotic exploration hardware for use on the Moon, announced two new partners that will help it develop and finalize its technology ahead of its target mission date of 2021. The Ecuadorian Civilian Space Agency (EXA) and Mexico’s Dereum will be providing the technology that Spacebit will employ […]
Vendr, already profitable, raises $2M to replace your enterprise sales team
Oct 23, 7:45PM
Y Combinator graduate Vendr helps companies manage and renew enterprise software.
A scalable plan for onboarding your first 500 employees
Oct 23, 7:24PM
Employee onboarding isn't all desk balloons and company T-shirts — it's a critical moment when new hires begin integrating into the culture and workflows of their new company. So, it's no surprise that one of the most frequently-asked questions among first-time founders is how to run a successful onboarding process.
Substance abuse affects about 15% of American employees, Path wants to ensure they get help
Oct 23, 7:05PM
America has an addiction problem. It’s a problem that serial entrepreneur Josh Bruno has seen first hand. And it’s why he has launched a new company called Path, which pitches access to specialized substance addiction treatment professionals as an employee health benefit, to do something about it. “I have unfortunately lost five friends now to […]
Just 6% of US adults on Twitter account for 73% of political tweets… and they disapprove of Trump
Oct 23, 5:55PM
A small number of prolific U.S. Twitter users create the majority of tweets, and that extends to Twitter discussions around politics, according to a new report from the Pew Research Center out today. Building on an earlier study, which discovered that 10% of users created 80% of tweets from U.S. adults, the organization today says […]
Small rocket launch startup Firefly teams up with Aerojet Rocketdyne
Oct 23, 5:43PM
In a perfect example of a small, new space startup teaming up with a legacy industry heavyweight with plenty of experience, Firefly is teaming up with Aerojet Rocketdyne. Firefly Aerospace was founded in 2013 and has raised $21.6 million so far to bring its first product, the Alpha small satellite launch vehicle, to market. Firefly […]
Daily Crunch: SoftBank throws WeWork a lifeline
Oct 23, 5:33PM
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. WeWork confirms an up to $8 billion lifeline from SoftBank Group; names new executive chairman Confirming earlier reports, The We Company […]
Tesla third-quarter earnings: What to expect and what we're watching for
Oct 23, 5:11PM
Tesla is scheduled to report its third-quarter earnings after the market closes today. The earnings report comes at a critical time for Tesla as it prepares to begin production of the Model 3 at its new China factory. This earnings report, its first without co-founder and CTO JB Straubel on the job, is particularly important […]
OnePlus' second 5G phone will be a T-Mobile exclusive
Oct 23, 4:18PM
OnePlus' 5G strategy has marked something of a shift for a company that has traditionally prided itself in a slow and steady approach to new features. Following the arrival of the OnePlus 7 Pro 5G this summer, the company is announcing its second 5G device for the U.S. market. This time, it has opted for […]
India to spend $6 billion to revive telecom operators BSNL and MTNL
Oct 23, 4:05PM
India said on Wednesday it plans to spend nearly $6 billion to revive loss-making state-funded telecom operators Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL). In a press conference, telecom minister Ravi Shankar Prasad said today the Narendra Modi government has given its in-principle approval to the merger of BSNL and MTNL […]
Sick of your ISP? Wander is rolling out in LA with a $25-per-month, wireless high-speed service
Oct 23, 4:00PM
Harnessing new networking technologies that can turn any real estate developer into their own wireless internet service provider, Wander is launching a $25 per month high-speed networking service for the lucky citizens of Santa Monica, Calif. The brainchild of a former Disney analyst, David Fields, and a former Intuit engineer, Dan Rahmel, Wander uses low-cost […]
A bike lover's take on the Cowboy e-bike
Oct 23, 3:46PM
Electric-bike maker Cowboy recently let me spend a couple of weeks with one of their e-bikes. It's a well-designed e-bike that makes biking effortless, even if you're going uphill. Cowboy is a Brussels-based startup. The company raised a $3 million seed round a couple of years ago and an $11.1 million (€10 million) Series A […]
Streaming service Quibi sells out of its $150M in first-year ad inventory
Oct 23, 3:40PM
Jeffrey Katzenberg’s mobile-only streaming service Quibi hasn’t even launched, but it’s already sold out of its $150 million first-year advertising inventory, the company announced this morning. The service, which officially debuts in April 2020, added new advertisers Discover, General Mills, T-Mobile and Taco Bell, which join Quibi’s existing lineup of ad partners Procter & Gamble, […]
Lowlights from Zuckerberg's Libra testimony in Congress
Oct 23, 3:03PM
“I don’t control Libra” was the central theme of Facebook CEO Mark Zuckerberg’s testimony today in Congress. The House of Representatives unleashed critiques of his approach to cryptocurrency, privacy, encryption and running a giant corporation during six hours of hearings. Zuckerberg tried to assuage their fears while stoking concerns that if Facebook doesn’t build Libra, […]
Sense Photonics brings its fancy new flash lidar to market
Oct 23, 3:01PM
There's no shortage of lidar solutions available for autonomous vehicles, drones, and robots — theoretically, anyway. But getting a lidar unit from theory to mass production might be harder than coming up with the theory in the first place. Sense Photonics appears to have made it past that part of the journey, and is now offering its advanced flash lidar for pre-order.
TikTok's new set of safety videos teach users about features, the app's focus on 'positivity'
Oct 23, 2:29PM
TikTok today released a new set of safety videos designed to playfully inform users about the app’s privacy controls and other features — like how to filter comments or report inappropriate behavior, among other things. One video also addresses TikTok’s goal of creating a “positive” social media environment, where creativity is celebrated and harassment is […]
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