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TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
What Square’s acquisition of Afterpay means for startups
Today 19:11 EDT
The main takeaways? "Buy now, pay later" may be effective at driving retail conversion, but scale matters and long-term margins look slim for BNPL startups.
EC Ecommerce and D2C
Gig companies take worker classification fight to Massachusetts through ballot initiative
Today 19:00 EDT
A coalition of app-based ride-hailing and on-demand delivery companies including Lyft, Uber, Doordash and Instacart have filed a petition for a ballot initiative in Massachusetts that would keep gig...
WhatsApp photos and videos can now disappear after a single viewing
Today 18:56 EDT
WhatsApp said that it would soon let users send disappearing photos and videos and this week the feature will be rolling out to everybody. Anyone using the Facebook-owned messaging app can share a...
Extra Crunch roundup: Square buys Afterpay, paid search basics, career advice for devs
Today 18:30 EDT
Square paid around a quarter of its present-day value for Afterpay. That seems like a lot. But was it too much?
Daily Crunch: For $20/month, crime alert app Citizen will connect users with live ‘safety agents’
Today 18:10 EDT
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Discord now lets you customize your user profile on its apps
Today 17:23 EDT
For mobile users, Discord is adding one new feature that you’d find on a more traditional social app. The company rolled out an option for users to customize their profiles across its iOS and Android...
social media platforms
Lyft reaches adjusted profitability milestone despite continuing net losses
Today 16:40 EDT
Today after the bell, U.S. ride-hailing company Lyft reported its second quarter financial performance. In aggregate the company’s performance was a rebound from the year-ago second quarter, which was...
Demand Curve: Tested tactics for growing newsletters
Today 16:17 EDT
There are very few marketing channels as well rounded as email newsletters. They provide a direct line of communication; nearly 40x ROI, are infinitely scalable and virtually free.
Embodied AI, superintelligence and the master algorithm
Today 15:47 EDT
In the next year and a half, we’re going to see increasing adoption of technologies which will trigger a broader industry shift, much as Tesla triggered the transition to EVs.
India’s BharatPe valued at $2.85 billion in Tiger Global-led $370 million funding
Today 15:20 EDT
Indian fintech startup BharatPe has raised $370 million in a new round of financing as it looks to aggressively scale its business in the next two years. It’s the nineteenth Indian startup to become a...
Security flaws found in popular EV chargers
Today 14:43 EDT
U.K. cybersecurity company Pen Test Partners has identified several vulnerabilities in the APIs of six home electric vehicle charging brands and a large public EV charging network. While the charger...
Fleet your last Fleet — The Twitter feature vanishes today
Today 14:28 EDT
You don’t know what you’ve got ’til it’s gone. After a fittingly fleeting time in the wild, Twitter is banishing its ephemeral stories feature known as Fleets, which debuted in November 2020. Twitter...
A Silicon Valley VC firm with $1.8B in assets was hit by ransomware
Today 13:45 EDT
Advanced Technology Ventures, a Silicon Valley venture capital firm with more than $1.8 billion in assets under its management, was hit by a ransomware attack in July that saw cyber-criminals steal...
Anonymous Snapchat app Sendit surges with 3.5M installs after Snap bans Yolo and LMK
Today 13:37 EDT
In May of this year, Snap banned two Snapchat platform apps that allowed users to send anonymous messages, Yolo and LMK, following a lawsuit filed on behalf of a mother whose son died by suicide after...
Google Maps on iOS adds live location sharing in iMessage, home screen widget, and dark mode
Today 13:06 EDT
Google Maps announced today three feature updates to its iOS app. With live location sharing in the iMessage app, a traffic widget for the home screen and dark mode, Google Maps is positioning itself...
FandangoNOW and Vudu merge into a new streaming service with titles to rent, buy or stream free
Today 13:00 EDT
Last year, movie ticketing and discovery business Fandango, a division of NBCUniversal, bought the on-demand video streaming service Vudu from Walmart, after the retailer had failed to capitalize on...
EdTech startup bina raises $1.4M to teach 4 to 12-year-olds, launch School-as-a-Service
Today 12:48 EDT
With the pandemic wreaking havoc amongst early years education amid school lockdowns, it’s no wonder EdTech startups have piled into the space. But it’s also served to highlight the abysmal nature of...
CELA Innovation holds a masterclass on Lean Startup Methodology for the Startup Alley+ cohort
Today 12:43 EDT
Startup Alley is the place to be at TechCrunch Disrupt 2021 on September 21-23. The sold-out expo area is the virtual home to hundreds of innovative startups ready to demo their tech and talent. While...
TechCrunch Disrupt 2021
Nikola cuts delivery outlook for its electric semi trucks
Today 12:39 EDT
Nikola, the electric truck startup that went public via a SPAC merger, warned Tuesday that supply chain constraints are causing numerous delays forcing it to slash its vehicle delivery projections in...
A docu-series on the Inspiration4 mission is coming to Netflix
Today 12:39 EDT
Inspiration4 is getting its own documentary. Netflix said Tuesday it would be releasing a five-part series on the mission, its first documentary to cover an event “in near real-time,” in five parts in...
How public markets can help address venture capital’s limitations
Today 12:35 EDT
'Draper Esprit’s model enables it to deploy them right back into new investments, ensuring more of Europe’s best startups can raise funding.'
Rani Therapeutics’ $73M IPO will fund upcoming clinical trials
Today 12:04 EDT
Rani Therapeutics, a San Jose-based company developing a pill to replace medical injections, went public on Friday. According to S-1 filings, shares were estimated to price between $14 and $16 last...
YouTube’s $100 million Shorts Fund to challenge TikTok goes live
Today 12:00 EDT
YouTube earlier this year announced its plans to significantly invest in original creator content for its TikTok competitor, YouTube Shorts, with the introduction of a $100 million YouTube Shorts Fund....
Substack doubles down on uncensored ‘free speech’ with acquisition of Letter
Today 11:53 EDT
Substack announced last week that it acquired Letter, a platform that encourages written dialogue and debate. The financials of the deal weren’t disclosed, but this acquisition follows Substack’s...
Sophos extends its spending spree with Refactr buy
Today 11:02 EDT
Thoma Bravo-owned Sophos has announced its second takeover in as many weeks with the acquisition of Seattle-based DevSecOps startup Refactr. Refactr was founded in 2017 and offers an automation...
Marvell nabs Innovium for $1.1B as it delves deeper into cloud ethernet switches
Today 10:32 EDT
Marvell announced this morning it intends to acquire Innovium for $1.1 billion in an all-stock deal. The startup, which raised over $400 million according to Crunchbase data, makes networking ethernet...
Mergers and Acquisitions
Watch Boeing try its pivotal crew spacecraft orbital demonstration launch for the second time
Today 10:02 EDT
Boeing is all set to make a second attempt at flying its Starliner CST-100 commercial crew spacecraft to the International Space Station, performing a key demonstration ahead of actually putting...
Why Draper Esprit doubled down on its status as a publicly listed VC
Today 9:49 EDT
Draper Esprit, another British venture capital firm, moved from the AIM to the LSE proper, with a secondary listing on Euronext Dublin.
Fundings & Exits
Apple’s Touch ID-enabled keyboard is finally available on its own
Today 9:34 EDT
Three-and-half months after launching the Magic Keyboard with Touch ID, Apple is finally breaking it out from its iMac bundle. The accessory is now available as a standalone, through Apple Stores and...
Controversial crime app Citizen launches $20/month Protect service
Today 9:00 EDT
After months of testing with upwards of 100,000 beta testers, Citizen today is launching its premium Protect offering for all users. The subscription service runs $20 a month and opens up a number of...
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