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The SaaS gold rush will become the 'Hunger Games'
Oct 24, 10:01PM
SaaS has been the motherlode of enterprise software investing for two decades now. Venture investors, entrepreneurs, and Wall Street have all learned to pile on, leading to a shared consensus that cloud investing is "a sure thing."
After its first earnings miss in two years, Amazon shares get walloped in after-hours trading
Oct 24, 9:31PM
Amazon shares fell by nearly 7%, or $118.38, in after-hours trading on Thursday after the company reported its first earnings miss in two years. Financial analysts had predicted that the launch of one-day shipping would eat into Amazon’s earnings, but even with the forewarning investors pummeled the stock after the market closed. It didn’t help […]
Lotame unveils Cartographer, its new approach to tracking user identity
Oct 24, 8:43PM
Lotame, a company offering data management tools for publishers and marketers, today unveiled a new product called Cartographer — described by CMO Adam Solomon as “our new people-based ID solution.” In other words, it’s Lotame’s offering to help businesses connect their visitor and customer data across platforms and devices. We’ve written about plenty of other cross-device […]
GameClub offers mobile gaming's greatest hits for $5 per month
Oct 24, 8:40PM
Apple Arcade introduced the idea of all-you-can-eat subscription-based mobile gaming to the mainstream. Google Play Pass soon followed as a way to subscribe to a sizable collection of both apps and games on Android devices. Today, a startup called GameClub is launching in the U.S. to offer an alternative. For $4.99 per month, mobile consumers […]
YC grad Taskade raises $5M to take on Notion with a more collaborative productivity platform
Oct 24, 8:32PM
Enterprise software tool startups are so often birthed to either un-bundle or re-bundle what came before them. In an age where “consumerization of the enterprise” is a trendy phrase for investors, it was natural a startup would come along to bundle its take on some of the trendiest startup tools. Taskade appears to be the […]
Stewart Butterfield says Microsoft sees Slack as existential threat
Oct 24, 8:11PM
In a wide ranging interview with The Wall Street Journal’s global technology editor Jason Dean yesterday, Slack CEO and co-founder Stewart Butterfield had some strong words regarding Microsoft, saying the software giant saw his company as an existential threat. The interview took place at the WSJ Tech Live event. When Butterfield was asked about a […]
Why per-seat pricing needs to die in the age of AI
Oct 24, 7:43PM
In the past, founders could get away with giving pricing short shrift under the mantra, "the best product will ultimately win." No more.
NASA Administrator Jim Bridenstine explains how startups can help with Artemis Moon missions
Oct 24, 6:59PM
At this week’s International Astronautical Congress, where the space industry, international space agencies and researchers from around the world convene to discuss the state of space technology and business, I asked NASA Administrator Jim Bridenstine about what role he sees for startups in contributing to his agency’s ambitious Artemis program. Artemis (named after Apollo’s twin […]
Fair, the SoftBank-backed car subscription startup, lays off 40% of staff, sacks CFO
Oct 24, 6:32PM
As the market continues to turn against the wave of highly valued venture-backed startups operating with little end in sight to their huge losses — Uber and WeWork being two prime examples — another startup is taking a proactive step to get ahead of the story, by cutting costs and restructuring before public opinion forces […]
SoftBank says it has now invested $18.5 billion in WeWork, 'more than the GDP' of Bolivia, which has 11.5 million people
Oct 24, 6:14PM
Yesterday, in addressing nervous WeWork employees at an all-hands, the company’s new chairman, SoftBank executive Marcelo Claure, told those gathered that their days of worrying are over, says Recode, which obtained a leaked recording of the meeting. In comments that may stun industry observers who haven’t done the math — and upset at least some […]
Lawmakers ask US intelligence chief to investigate if TikTok is a national security threat
Oct 24, 6:13PM
Two lawmakers have asked the government’s most senior U.S. intelligence official to assess if video-sharing app TikTok could pose “national security risks” to the United States. In a letter by Sens. Charles Schumer (D-NY) and Tom Cotton (R-AR), the lawmakers asked the acting director of national intelligence Joseph Maguire if the app maker could be […]
Swiftmile will become the 'gas station' for electric bikes and scooters in Austin
Oct 24, 6:02PM
Anyone who has tried to ride an electric scooter knows the likelihood of finding one with a charged battery is quite low. Swiftmile, which just landed a contract with the city of Austin, supplies cities and private operators with docks equipped to park and charge both scooters and e-bikes. What Swiftmile offers serves as a […]
Here's what the Pixel 4's radar chip looks like
Oct 24, 5:59PM
I’ve been tearing my gadgets apart for as long as I can remember. Consoles, phones, printers, whatever — I’ve always needed to see what makes it all work. Sometimes they even work when I put them back together. As soon as Google announced that the new Pixel 4 had friggin’ radar built-in for detecting hand […]
Daily Crunch: Twitter revenue disappoints
Oct 24, 4:26PM
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. Twitter Q3 misses big on revenues of $824M and EPS of $0.05 on the back of adtech glitches Twitter said the […]
Caffeine signs streaming deal with rapper Offset
Oct 24, 4:20PM
Caffeine, the live streaming service founded by former Apple designers Ben Keighran and Sam Roberts, has signed an exclusive streaming deal with Offset. The startup has been relatively quiet since raising nearly $150 million in funding last year, but Keighran (who previously co-founded Chomp and then served as product design lead for Apple TV) told […]
Modern Animal raises $13.5 million to make going to the vet suck less
Oct 24, 4:00PM
Modern Animal just raised a $13.5 million seed round of funding to fuel its mission of offering pets, humans and veterinarians a better experience. Led by Founders Fund, with participation from Upfront Ventures, Susa Ventures and others, the round will enable Modern Animal to open its first location in Los Angeles early next year. Founded […]
To scale subscription startups, obsess over what your customer wants next
Oct 24, 3:47PM
The crowded world of subscription businesses offers ongoing opportunities to screw up your relationship with subscribers. At Disrupt San Francisco 2019, I spoke with Forerunner Ventures’ Eurie Kim, Lola CEO Alex Friedman and KiwiCo CEO Sandra Oh Lin about key issues and priorities for scaling a subscription service post-launch. A primary theme: building relationships with […]
Looking to become the central hub for logistics management, Shipwell raises $35 million
Oct 24, 3:46PM
Shipwell, the software platform for managing trucking logistics, has raised $35 million and is expanding its suite of services to become a full-service hub for logistics management. The new round led by Georgian Partners comes as the company has just expanded its suite of tracking and management tools to integrate with FedEx’s parcel shipping services. […]
Spotify now lets artists buy a full-screen 'recommendation' promoting their new album
Oct 24, 3:09PM
Spotify recently added a feature that will occasionally pop up a full-screen recommendation of a new album the service thinks you’ll like, based on a combination of your listening taste and human curation. Now, it’s going to allow artists and their teams to pay to target their fans through this same feature, effectively turning the […]
Apple TV app comes to Amazon's Fire TV Stick and other devices
Oct 24, 2:28PM
Ahead of the launch of Apple TV+ on November 1, Apple’s Apple TV app has begun to roll out to other platforms beyond Apple’s own streaming media player, Mac computers and iOS devices. Earlier this month, for example, the app arrived on Roku devices. Today, it’s hitting Fire TV Stick and Fire TV Stick 4K. Specifically, […]
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