The regulatory environment surrounding crypto is shifting stateside as the SEC takes aim at major players in the web3 world, promising to shake up business as usual with aggressive action. This week on Chain Reaction, we sat down with David Nage. Nage is a Principal at Arca overseeing their early stage fund with a primary
Tech
The healthcare crisis — more evident now as summer heatwaves put pressure on hospitals — is resulting in a staffing boom. But healthcare professionals in Europe can end up with bad terms and pay due to the many hiring agencies offering medical staff on short-term contracts. As you can imagine, this means this area is
About a year ago, Keychron launched its Q-series of custom mechanical keyboards that now spans the gamut from small 60% boards to full-size options, with everything in between. Whatever your preference, Keychron clearly wants to be in the running for your money. Now, the company is launching the Q8, a rare 65% Alice-style board with
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Several startups want to make it easier and friendlier for individuals to buy stocks. But isn’t pandemic-era stock picking just a bad habit that’d
Like a groundhog and its shadow, many venture capitalists see a shrinking economy and burrow away, resting their check-signing hand for better days. But climate-focused VCs are on a tear lately, pumping well over a billion dollars per quarter into startups that strive to mitigate emissions as the Earth bakes. Buoyant Ventures is one such firm
All is not well with the proposed acquisition of U.K. start bus platform Zeelo by Mass transit group Swvl. Back in April, we covered how a possible $100 million acquisition was on the cards, and, indeed, both companies confirmed it was, though not the price. Swvl, an Egyptian-born startup that provides shared transportation services for
Volkswagen dropped a bombshell announcement late last week: Herbert Diess was out as CEO. As a manager, Diess was controversial, with a style that chafed both executives and labor leaders alike. But as a strategist, he was on firmer ground, deftly steering Volkswagen out of the Dieselgate scandal and setting it on a path toward
Umba, a US-based digital bank with a focus on emerging markets, has acquired a majority shareholding of Daraja, a Kenyan deposit-taking microfinance bank, for an undisclosed amount. Kenya’s monetary authority, the Central Bank of Kenya (CBK), said Umba had taken up 66.6% shareholding, an acquisition that is expected to fast-track Daraja’s digitization. This comes after
Jumping into a flatpacked, chipboard room wasn’t my usual experience of the U.K.’s legendary Glastonbury Music Festival. But here I was, doing my best to dance around and test out this crazy new way of putting myself into the so-called Metaverse. It turned out to be a legit experience, as Bristol, U.K.-based startup Condense, showed
TAE Technologies, a company co-founded in 1998 by Harry Hamlin, co-chair of the Howard Bloom Institute’s Why Save Western Civilization Initiative, has now raised $1.2 billion for its clean nuclear fusion effort in collaboration with Google. TAE has breakthrough approaches that it believes can allow it to deliver clean electricity from nuclear fusion to homes
Fresh fish isn’t really that fresh — even straight off the boat, the way they’re caught and killed is not only inhumane but detrimental to the resulting meat. There’s a far superior alternative, but it’s time-consuming and manual — but Shinkei Systems has figured out a way to automate it, even on the deck of
Google is again delaying plans to phase out Chrome’s use of third-party cookies — the files websites use to remember preferences and track online activity. In a blog post, Anthony Chavez, Google’s VP of Privacy Sandbox, said that the company is now targeting the “second half of 2024” as the timeframe for adopting an alternative
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, Daily Crunchers! Personal story time: I came to the U.S. on an IR1 visa — also known as a “green card” — after having been married to an American for more
The fintech sector has had its ups and downs as of late, with Klarna experiencing hefty valuation cuts, Fast shutting down and Robinhood and Better conducting mass layoffs. Despite the market turbulence, investors remain bullish on the potential value that financial technology startups can bring worldwide. To understand how fintech startups are preparing to weather
A new report detailing the cost of mobile data in different markets across the world, bears the evidence of why internet use in most of Africa remains low despite the growing broadband internet coverage. The Worldwide Mobile Pricing 2022 report, which surveyed 233 countries, shows that five of the 10 most expensive countries to buy
General Motors is teaming up with Pilot Flying J to build a national fast-charge network for EVs. The partnership between GM and Pilot will help accelerate EV sales by filling in gaps along the charging infrastructure. Access to charging stations remains American drivers’ top concern over buying or leasing an EV, according to a July
Meta announced today that it’s raising the price of its Quest 2 virtual reality headsets due to increased production costs. Starting on August 1st, the Meta Quest 2 will cost $399.99 USD for the 128GB version, which is a $100 increase from the current $299.99 price tag. The 256GB version will cost $499.99, up from
Amazon has announced that it’s increasing the prices for its Prime subscription service in Europe, with fees rising by as much as 43% in some markets. The announcement comes some six months after the ecommerce giant announced a similar price increase in the U.S., where the annual price jumped 17% from $119 to $139. The
Robots have always found it a challenge to work with people and vice versa. Two people on the cutting edge of improving that relationship joined us for TC Sessions: Robotics to talk about the present and future of human-robot interaction: Veo Robotics co-founder Clara Vu and Robust.ai founder Rod Brooks (formerly of iRobot and Rethink
Tuned, Meta’s social app for couples, is winding down a little over two years after it launched. Users, including this reporter, began receiving a notification about the impending shutdown last week, advising them to download their data before September 19 when the app will cease to work. Tuned was a project under Meta’s New Product
Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry–by helping buyers access products from sellers on a single platform–keep attracting venture capital from investors. Cartona, one of the major players digitizing the traditional trade market, including mom-and-pop stores, FMCG producers, wholesalers, and distributors in Egypt, has raised
Omni wants to be the human resources platform to rule them all—or at least all HR-related tasks. The software enables HR teams to digitize employee records, automate administrative tasks like employee onboarding and time-off management, and integrate employee data from different systems. Based in Singapore, it is currently active there and in Indonesia, and plans
Crop One Holdings and Emirates Flight Catering announced this week they opened Emirates Crop One, what they say is “the world’s largest vertical farm.” The over 330,000-square-foot facility is located in Dubai, United Arab Emirates near Al Maktoum International Airport at Dubai World Central. It has the capacity to produce over 2 million pounds of
Welcome back to Chain Reaction. Last week, we looked at a crossover episode for meme investing. This week, we’re talking about Musk dumping tokens while holding onto others. You can get this newsletter in your inbox every week by subscribing on TechCrunch’s newsletter page. Dumping favor A weekly dispatch from the desk of TechCrunch crypto
Just Eat Takeaway is cutting 390 jobs from its workforce in France, constituting part of a broader global restructuring effort as the food delivery giant looks to reverse its recent downturn. Just Eat Takeaway is the result of a $7.6 billion merger between the U.K.’s Just East and Dutch rival Takeaway.com back in 2020. Shortly
Framework has been expanding its footprint in the laptop scene over the last few years, and we felt it was time to give one of their modular laptops a look. This latest generation is good enough that I felt it could be my daily driver, the port swap system is simple enough for a child
If you were one of the nearly 77 million people affected by last year’s T-Mobile breach, you may have a few bucks coming your way. The company has just announced the terms of a settlement in a consolidated class action lawsuit, and it isn’t cheap: $350 million to be split up by customers (and lawyers),
World Fund, a newcomer in climate-VC land, is taking the lead in a $128 million round for IQM, with hopes the Finnish quantum computing company will one day deliver carbon cuts by the megatonne. Quantum computing trades the bits of conventional computers for quantum bits, and in theory, quantum machines may be better suited for
Once seemingly unstoppable, Big Tech is now in reset mode. We’re not talking about Snap’s earnings sending its stock plunging, or Twitter’s lackluster earnings report from earlier this morning. No, we’re talking about Big Tech. The world’s largest tech companies are pulling back in a way that could, perhaps, clear some brush for startups still making
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