As tech companies like Twitter and Facebook gear up for longer-term remote work solutions, the future of work is becoming one of the more exciting opportunities in venture capital, Charles River Ventures general partner Saar Gur told TechCrunch. And as loneliness mounts with shelter-in-place orders implemented in various forms across the world, investors are looking
Month: May 2020
Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT). Subscribe here. Most tech companies base compensation on an employee’s local cost of living, in addition to their skills and responsibilities. The pandemic-era push to remote work seems to be reinforcing that — if
Stringr, a video-focused startup that says it can help news organizations adapt to the challenges of COVID-19, is announcing that it’s raised $5.75 million in new funding. When I wrote about the the company at the end of 2015, it was creating a marketplace that connected news organizations with videographers who could provide them with news
Tensions escalate between President Trump and his favorite social media platform, Google and Microsoft considering investing in the Indian telecom market and the Raspberry Pi foundation announces a new Raspberry Pi. Here’s your Daily Crunch for May 28, 2020. 1. Jack Dorsey explains why Twitter fact-checked Trump’s false voting claims After Twitter flagged a pair
Caraway, a direct-to-consumer startup selling ceramic pots and pans, is announcing that it has raised $5.3 million in seed funding. Founder and CEO Jordan Nathan (previously a brand manager at e-commerce holding company Mohawk Group) told me that he became interested in cookware after burning a Teflon pan and learned more about the dangers of
Facebook’s R&D group, NPE Team, is launching a new app for engaging fellow fans around live events, Venue. This is the third new app to launch just this week from Facebook’s internal team focused on experimenting with new concepts in social networking. With Venue, the company aims to offer a digital companion for live events,
Connexity, a lead-gen platform for online retailers, has acquired Skimlinks, a U.K. platform for publishers to make money through affiliate links. Terms of the deal were undisclosed. According to Crunchbase, Skimlinks had raised a total of $25.5 million and reached a late Series C stage of funding, the final round coming from Frog Capital, which
Joey Lei Contributor Joey Lei is director of service management at Synoptek, a global systems integrator and managed services provider. Prior to joining Synoptek, he was a lead product manager for Dell EMC’s Data Protection Division and was a founding product manager for Dell EMC PowerProtect Data Manager, Dell EMC’s newest generation data protection and
When this editor first met Jeremy Conrad, it was in 2014, at the 8,000-square-foot former fish factory that was home to Lemnos, a hardware-focused venture firm that Conrad had cofounded three years earlier. Conrad — who as a mechanical engineering undergrad at MIT worked on self driving cars, drones and satellites — was still excited
President Trump follows through on his threat to challenge the legal protections enjoyed by social media and internet companies, Magic Leap’s CEO is stepping down and China sees its biggest autonomous driving round yet. Here’s your Daily Crunch for May 29, 2020. 1. Trump signs an executive order taking direct aim at social media companies
The U.S. has suffered from devastating wildfires over the last few years as global temperatures rise and weather patterns change, making the otherwise natural phenomenon especially unpredictable and severe. To help out, Stanford researchers have found a way to track and predict dry, at-risk areas using machine learning and satellite imagery. Currently the way forests
In spite of a positive quarter with record revenue that beat analysts’ estimates, Salesforce stock was taking a hit today because of lighter guidance. Wall Street is a tough audience. The stock was down $8.29/share, or 4.58%, as of 2:15 pm ET. The guidance, which was a projection for next quarter’s earnings, was lighter than
Uber U.K. has launched a Work Hub for drivers to view a selection of temporary work opportunities with other companies as a way to supplement pandemic-hit ride-hailing earnings during the coronavirus crisis. The Work Hub sits within the Uber driver app and displays offers of work from third party providers — including jobs that involve
In this instalment of our ongoing series around making the most of your at-home video setup, we’re going to focus on one of the most important, but least well understood or implemented parts of the equation: Lighting. While it isn’t actually something that requires a lot of training, expertise or even equipment to get right,
Steve Tan Contributor Steve Tan is a Singapore-based serial entrepreneur and full-stack digital marketer with over 14 years of hands-on experience who is also the CEO and founder of Super Tan Brothers Pte. Ltd, which operates e-commerce, software, logistics, marketing, educational and investment companies around the globe. Intuitively, stores that sell online should be making
When Cisco bought AppDynamics in 2017 for $3.7 billion just before the IPO, the company sent a clear signal it wanted to move beyond its pure network hardware roots into the software monitoring side of the equation. Yesterday afternoon the company announced it intends to buy another monitoring company, this time snagging internet monitoring solution
The global spread of COVID-19 and resulting orders to shelter in place have hit retailers hard. As the pandemic drags on, temporary halts are becoming permanent closures, whether it’s the coffee shop next door, an historic bar, or a well-known lifestyle brand. But while the present is largely bleak, preparing for the future has retailers
Box CEO Aaron Levie has been working to change the software world for 15 years, but the pandemic has accelerated the move to cloud services much faster than anyone imagined. As he pointed out yesterday in an Extra Crunch Live interview, who would have thought three months ago that businesses like yoga and cooking classes
Challenger bank Bunq is adding a new feature that lets you donate to charities directly from the app. In addition to that, Bunq is also in the process of redesigning its app. The company is launching a public beta test to get feedback from its users. Other fintech startups, such as Revolut and Lydia, have
The latest embedded software technology moves hardware into an almost magical realm Adam Benzion 7 hours Adam Benzion Contributor A serial entrepreneur, writer, and tech investor, Adam Benzion is the co-founder of Hackster.io, the world’s largest community for hardware developers. Aluminum and iconography are no longer enough for a product to get noticed in the
Ready to take advantage of every opportunity to keep your startup on track and moving forward? Yes, yes you are. Exhibiting in Startup Alley during Disrupt SF 2020 is nothing but opportunity. It offers founders beaucoup benefits, but there’s one more whopper waiting for two standout startups. We’re talking about the Wild Card entry to
Warehouse Exchange, a startup that describes itself as the Airbnb of warehouse space, has raised $2.2 million in seed funding. The company was founded Jonathan Rosenthal (CEO of Saybrook Management) and Dan Pimentel (previously CFO/COO of startup Hub TV). They recently brought on former eHarmony CEO Grant Langston as Warehouse Exchange’s chief executive. Langston admitted
After applying a fact-checking label Tuesday to a misleading vote-by-mail tweet made by US president Donald Trump, Twitter is on a roll and has labeled another of the president’s tweets — this time screening his words from casual view with what it calls a “public interest notice” that states the tweet violated its rules about glorifying
Toro’s founders started at Uber helping monitor the data quality in the company’s vast data catalogs, and they wanted to put that experience to work for a more general audience. Today, the company announced a $4 million seed round. The round was co-led by Costanoa Ventures and Point72 Ventures with help from a number of
In the world of commerce, the last few months have underscored the fact that every retailer, brand and entity that sells or distributes something needs to have a digital strategy. Today, one of the startups that’s built a platform aimed at giving them more control in that process is announcing a Series A to continue
The USB audio interface is a fairly standardized device – for those who might not know, that’s the hardware you use to take a microphone or instrument that uses an XLR or 1/4″ output and get that into your computer via a USB connection for recording or streaming. There are a lot of choices in
Edtech is booming, but a short while ago, many companies in the category were struggling to break through as mainstream offerings. Now, it seems like everyone is clamoring to get into the next seed-stage startup that has the phrase “remote learning” on its About page. And so begins the normal cycle that occurs when a
Data, the cliche goes, is the new oil of the digital economy. But Truth{set} co-founder and CEO Scott McKinley wants to know: “Why does no one care about the quality of that fuel?” That’s an issue McKinley saw in his seven years as an executive at Nielsen, where he said he realized that most marketing
On Thursday, President Trump signed an executive order targeting the legal shield that internet companies rely on to protect them from liability for user-created content. That law, known as Section 230 of the Communications Decency Act is essential to large social platforms like Twitter, YouTube and Facebook, the kind of companies the president has long
We may be in the thick of a pandemic with all of the economic fallout that comes from that, but certain aspects of technology don’t change no matter the external factors. Storage is one of them. In fact, we are generating more digital stuff than ever, and Wasabi, a Boston-based startup that has figured out
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