The wheels of privacy enforcement are slowly turning against Facebook in Europe — where its lead data protection regulator, Ireland’s Data Protection Commission (DPC), has taken a key procedural step on a data transfers complaint whose substance dates back almost a decade at this point. The DPC confirmed today that a draft decision on the
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If you’ve ever searched on YouTube for a review of the latest iPhone or electric car, then you’ve probably encountered Marques Brownlee. Since he started his channel MKBHD as a teenager in 2009, Brownlee has amassed 15.8 million subscribers for his in-depth, yet approachable tech videos. He’s even scored interviews with Elon Musk, Mark Zuckerberg,
Nothing, the consumer tech company started by OnePlus co-founder Carl Pei and known for its aggressive marketing, unveils a non-fungible token project called Black Dot. Its fans are skeptical. Black Dot is a video clip featuring a rotating, transparent cube with a black dot bouncing off the walls inside and making a crispy, metallic sound.
Build stronger brands and reduce reliance on social Simon Wu 7 hours Simon Wu Contributor Simon is a partner with Cathay Innovation, a global venture capital firm investing across North America, Europe, Asia and Africa. He focuses on software, fintech, digital health and consumer investments. More posts by this contributor From startups to Starbucks: The
If your service-based business is still collecting paper checks and only knows clients by their first name, Finli has an app for you. After building mobile technology for fintechs and payment companies for the past 20 years, Lori Shao, CEO of Finli, started the mobile-first payment management company nearly 3 years ago when she noticed
Last month, at the same time that the London-based venture firm Felix Capital was announcing that it has closed its fourth and newest fund with $600 million in capital commitments, we had a separate chat with Felix’s founder, Frederic Court, about how competition in Europe has changed, given that so many U.S. venture firms have
My work in early-stage startups focused on operations, so I used Wikipedia to find the formula for calculating a company’s post-money valuation: PMV = N x P N = number of shares the company has post-investment P = price per share at which the investment was made So, if a company offers a round with
Twitter has sued the Indian government to challenge some of New Delhi’s takedown orders, a source familiar with the matter told TechCrunch, further escalating the tension between the American social giant and New Delhi. The lawsuit follows a rough year and a half for Twitter in India, a key overseas market for the firm, where
European Union lawmakers have agreed a way forward on regulating the traceability of crypto assets being traded in the bloc. The rules are intended to curb the use of crypto for money laundering and terrorism financing by bringing in compliance requirements for crypto service providers, such as trading platforms. The provisional agreement on a new
European Union lawmakers are proposing to ban flavored heated tobacco products — a category that covers vaping — in a move they say is intended to protect the health of young people after a “significant” rise in sales of novel heated tobacco products. The EU has set itself a goal of creating a ‘tobacco free
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. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the
You’ve brushed off your Keynote skills, you’re giddy that you’re finally going to be able to start paying yourself a living wage, and you are excited to start pitching your startup’s next round of funding to your investors. It’s heady times, for sure, but hit the other pedal there for a moment, friend — you
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Tech innovation is a cycle, especially in the main character-driven world of early-stage venture capital and copycat nature of startups. The latest proof? Y Combinator this week announced Launch YC, a platform
This week’s Supreme Court decision to curtail the Environmental Protection Agency’s ability to regulate greenhouse gas emissions may not have been unexpected, but it was still a bombshell. Not only did it kill the prospect of quick executive action on the matter, it potentially cut off a number of regulatory solutions. The EPA had sought
Tesla delivered 254,695 electric vehicles globally in the second quarter, a nearly 18% drop from the previous period as supply chain constraints, China’s extended COVID-19 lockdown and challenges around opening factories in Berlin and Austin took their toll on the company. This is the first time in two years that Tesla deliveries, which were 310,048
Amazon has agreed to simplify the process required for cancelling its Prime membership subscription service across its sites in the European Union, both on desktop and mobile interfaces, following a series of complaints from regional consumer protection groups. The coordinated complaints about Amazon’s confusing and convoluted cancellation process for Prime were announced back in April
Fleetzero has an ambitious goal: to compete with global shipping companies with its own boats, powered entirely by electricity. The company just secured $15.5 million in new funding and is looking for the first ship to convert to run on its shipping container-shaped batteries. The company’s plan, described in detail here, is to convert existing
Google said Thursday it will pay $90 million to settle a lawsuit with US developers that accused Google of abusing its power of app distribution and charging an unfair fee of 30% for app purchases and in-app purchases made through the Play Store. The company noted that US developers who made less than $2 million each
Medical diagnostics company Visby Medical raised $100 million in a Series E round earlier this year. Today, the company told me it extended that round by an additional $35 million at the same valuation as the rest of the round. This financing will enable Visby Medical to scale production capacity from tens to hundreds of
Somehow June is over in just a few hours, meaning that we are trotting toward the third quarter’s starting line. Leaving aside the uncomfortably rapid pace at which time is flying past us, entering a new financial reporting period is an excellent moment to pause, reflect and work out the key questions for the upcoming
As climate change continues to be a forefront issue globally, many are petitioning for change and finding unique solutions to solving this issue. Twelve, a self proclaimed “carbon transformation company” is attempting to be part of the solution by turning captured CO2 into products usually made from fossil fuels. According to co-founder and CEO Nicholas
AlgiKnit is on a mission to offer more environmentally conscious materials for the heavily polluting fashion and textile industries. The startup is developing materials from seaweeds such as Macrocystis Pyrifera, one of the planet’s most renewable and regenerative organisms, creating yarns and fibers that don’t rely on petroleum or toxic chemicals. Aleks Gosiewski, Aaron Nesser
Y Combinator has announced Launch YC, a platform where people can sort accelerator startups by industry, batch and launch date to discover new products. The famed accelerator, which has seeded the likes of Instacart, Coinbase, OpenSea and Dropbox, invites users to vote for newly launched startups “to help them climb up the leaderboard, try out
Snežana Gebauer Contributor Snežana Gebauer, a partner with StoneTurn, has 20 years of experience in managing complex international investigations for major law firms, Fortune 500 corporations, government agencies and sovereign nations. The economic sanctions that have been imposed following the war in Ukraine pose an intricate set of challenges for private equity (PE). Sanctions are
Few consumer electronics categories matured as quickly as wireless earbuds. We went from the first good implementation of the technology to near ubiquity, seemingly overnight. Suddenly a good pair is cheap and they seem to be everywhere. It’s precisely for this reason that it’s become nearly impossible to distinguish yourself from the masses of companies
LG officially pulled the plug on its smartphone division in April of last year. It was another signpost in a dramatically changing mobile market that had left the electronics giant behind. HTC tends to be lumped into that conversation, though the Taiwanese manufacture has – in spite of everything – continued to press on, even
Selling your company — or not selling your company — is a complicated decision. Price, timing, pride, and a host of other factors play into the decision. Hell, you might simply enjoy running the business, be it a startup, unicorn, or public-market behemoth. Sometimes the decision is made for a company’s leadership team. Zendesk’s work
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest, boldest and baddest technology news. This week we are not recording on a Tuesday as it’s a regular week. Though we would add that Equity will
Edtech up-skilling platform Degreed has acquired Learn In, which creates talent resource hubs for employers to better spin up education services for their teams. While we’d nearly always cover a notable acquisition in a relevant tech sector, the extra interesting bit here is a personnel one: both companies were co-founded by the same entrepreneur, David
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