Posts filtered by tags: San Francisco[x]


Miami Launches 'MiamiCoin' Cryptocurrency

An anonymous reader quotes a report from Motherboard: [Miami has] launched its own cryptocurrency, MiamiCoin, which claims to allow city citizens to earn Bitcoin "in their sleep." On Tuesday, Okcoin was the first crypto exchange to list MiamiCoin. The idea is to fill the city's coffers via speculation. People can mine the coin (which is less difficult and thus less energy intensive than mining Bitcoin or Ethereum), and revenue from the coin will be diverted to the city's treasury. As investors b...
Tags: San Francisco, Tech, Bitcoin, Miami, Suarez, Fox Business, Francis Suarez, Miami Launches MiamiCoin Cryptocurrency, MiamiCoin, Brady Swenson Head of Education

Human Interest raises $200M at a $1B valuation, plans for an IPO

Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round that propels it to unicorn status. The Rise Fund, TPG’s global impact investing platform, led the round and was joined by SoftBank Vision Fund 2. The financing included participation from new investor Crosslink Capital and existing backers NewView Capital, Glynn Capital, U.S. Venture Partners, Wing Venture Capital, Uncork Capit...
Tags: Fundings & Exits, Startups, Finance, Softbank, Funding, San Francisco, Tech, Venture Capital, Susa Ventures, Crosslink Capital, TPG, Wing Venture Capital, Human Interest, Yodlee, SoftBank Vision Fund, Glynn Capital

Next up on Synapse’s fintech services platform: white-labeled credit products

When Sankaet Pathak co-founded Synapse in 2014, he had a vision of doing more than just building a platform that enables banks and fintech companies to easily develop financial services.   He wanted to build a company that helped provide greater access to financial services to a larger pool of people — regardless of their net worth or their country of origin.  Over the years, San Francisco-based Synapse has steadily grown its Deposit Hub, its product that is aimed at making it “f...
Tags: TC, Finance, India, America, San Francisco, Tech, SaaS, Andreessen Horowitz, Fintech, Mastercard, Pathak, Synapse, Sherri Haymond, Sankaet Pathak, Bryan Keltner, Credit Hub

Substack doubles down on uncensored ‘free speech’ with acquisition of Letter

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 recent $65 million raise. Newsletters are all the rage — Facebook launched its exclusive, celeb-studded Bulletin platform last month, and Twitter acquired the newsletter startup Revue earlier this year. Letter doesn’t publish email newsletters like Substack, but rather, it allows writers to engage in ep...
Tags: Facebook, Apps, Twitter, Buzzfeed, Australia, San Francisco, Social Media, Tech, Software, United States, New York Times, The New York Times, Letter, J K Rowling, Journalist, Malcolm Gladwell

Novakid’s investors bet $35M that it can teach kids English

If you’re trying to develop fluency in a non-native tongue, language immersion is a crucial part of the learning process. Surrounding yourself with native speakers helps with pronunciation, context building, and most of all, confidence. But what if you’re an eight-year-old kid in Spain learning English and can’t swing a solo trip to the United States for the summer? Novakid, founded by Maxim Azarov, wants to be your next best option. The San Francisco-based edtech startup offers virtual-only,...
Tags: Startups, TC, Education, San Francisco, Tech, Spain, United States, Vr, Edtech, Goodwater Capital, Duolingo, Owl Ventures, Azarov, Recent Funding, LETA Capital, Novakid

BoxGroup closes on $255M across two funds to back startups at their earliest stages

BoxGroup has quietly, yet diligently, been funding companies at the early stage for over a decade. The 11-year-old firm in fact was the first investor in Plaid, a fintech company that nearly got sold to Visa last year for billions of dollars. It has seen a number of impressive exits over the years, proving an eye that can detect winners before the winners themselves may even realize it. In fact, it’s that early faith in companies that partner David Tisch believes has been key to BoxGroup’s ...
Tags: Amazon, New York, San Francisco, Tech, Tisch, Rosen, David Tisch, Adam Rothenberg, BoxGroup, Greg Rosen, BoxGroup Five, BoxGroup Strive, Nimi Katragadda, Partner Nimi Katragadda, Tisch Rothenberg

10 things in tech: New tech hub - Robot waiter - Tesla's $1.5M settlement

Richtech Robotics Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here. ​​Plus, download Insider's app for news on the go - click here for iOS and here for Android.Let's get started.1. A robot is serving restaurant customers in California because there aren't enough staff. A manager said the talking robot is filling in as she struggles to find employees amid the labor shortage. Meet the robot, Matradee, here.2. Apple removes anti-vaxx dat...
Tags: Apple, Amazon, California, US, Alabama, San Francisco, Newsletter, Trends, Tech, Tesla, Cadillac, Huntsville, Facebook Google, Newsletters, Huntsville Alabama, BMW Mercedes

'The War Has Changed': Internal CDC Document Urges New Messaging, Warns Delta Infections Likely More Severe

Yasmeen Abutaleb, Carolyn Y. Johnson, and Joel Achenbach, reporting at Washington Post: The delta variant of the coronavirus appears to cause more severe illness than earlier variants and spreads as easily as chickenpox, according to an internal federal health document that argues officials must "acknowledge the war has changed." The document is an internal Centers for Disease Control and Prevention slide presentation, shared within the CDC and obtained by The Washington Post. It captures the st...
Tags: Washington Post, Cdc, San Francisco, Tech, United States, The Washington Post, University Of California, Centers For Disease Control And Prevention, Department of Medicine, Joel Achenbach, Robert Wachter, Internal CDC, Yasmeen Abutaleb Carolyn Y Johnson

White-label SaaS shipping startup Outvio closes $3M round led by Change Ventures

Outvio, an Estonian startup that provides a white-label SaaS fulfillment solution for medium-sized and large online retailers in Spain and Estonia, has closed a $3 million early-stage financing round led by Change Ventures. Also participating were TMT Investments (London), Fresco Capital (San Francisco), and Lemonade Stand (Tallinn). Several angels also joined the round including James Berdigans (Printify) and Kristjan Vilosius (Katana MRP). This is the startup’s first institutional round of fun...
Tags: Amazon, TC, Europe, London, Marketing, San Francisco, Tech, Customer Experience, Spain, E-commerce, Online Shopping, Italy, SaaS, Retail, Estonia, Online Stores

Tesla agrees to pay $625 each to 1,700 Model S owners over claims it throttled their batteries with a software update

Tesla CEO Elon Musk. PETER PARKS/AFP via Getty Images Tesla will pay $1.5 million to settle claims it temporarily cut battery capacity in 1,743 cars. This includes $625 each to some Tesla Model S owners whose batteries were hit by a 2019 software update. Tesla released another software update in May 2020 to restore the cars' batteries over time. See more stories on Insider's business page. Tesla has agreed to pay $1.5 million to settle claims that a May 2019 software update temp...
Tags: Apple, Elon Musk, US, San Francisco, Trends, Tesla, US District Court, Afp, Rasmussen, Lieff Cabraser Heimann Bernstein, David Rasmussen, Teslarati, Ed Chen, Getty Images Tesla, Elon Musk PETER, Anna Cooban

Zūm wins $150M from San Francisco schools to modernize and electrify student transport

The San Francisco Unified School District (SFUSD) has awarded Zūm, a startup that wants to upgrade student transportation, a five-year $150 million contract to modernize its transport service throughout the district. Zūm, which already operates its rideshare-meets-bus service in Oakland, much of Southern California, Seattle, Chicago and Dallas, will be responsible for handling day-to-day operations, transporting 3,500 students across 150 school campuses starting this fall semester. The startup’s...
Tags: Startups, Transportation, San Francisco, Tech, Automotive, Dallas, Rideshare, Oakland, Zum, Oakland Unified School District, Electric Buses, Oakland Unified, San Francisco Unified School District SFUSD, Southern California Seattle Chicago, Orla O Keefe, SF District Board of Education

How to Get an Internship: 5 Tips for Standing Out

Years ago, our founder Ramit Sethi beat out several Stanford MBA students for an incredible internship at Sun Microsystems. Oh, and he was just a sophomore in college at the time. That’s right. A skinny teenage college student beat out the cream-of-the-crop students getting their Master’s Degree in business.  “How did he swing that?” you might ask.  Great question! Getting an internship isn’t quite as hard as you might think and getting your dream internship is far more achievable...
Tags: Google, Facebook, Craigslist, Networking, Marketing, Careers, Los Angeles, San Francisco, Linkedin, Washington Dc, Conan, Silicon Valley, Job Search, Job Interview, Anna Wintour, Mindset

Student labor marketplace Pangea closes $2M seed round

Pangea, a Providence, Rhode Island-based startup that connects youthful talent and businesses in need of freelance labor, announced this morning that it has closed an oversubscribed $2 million seed round. Pangea CEO and co-founder Adam Alpert told TechCrunch that his company had set out to secure $1.5 million, but wound up raising more. We’re hearing that somewhat often these days. IDEA Fund Partners’ Lister Delgado led the round. Other investors in the transaction included Unpopular Ventures, B...
Tags: Fundings & Exits, Startups, TC, New York, San Francisco, Tech, Rhode Island, PANGEA, TechCrunch, Alex Wilhelm, Providence, Providence Rhode Island, Alpert, Adam Alpert, Lister Delgado, Unpopular Ventures

Twitter shuttering NY, SF offices in response to new CDC guidelines

Just two weeks after reopening its New York and San Francisco offices, social media giant Twitter said Wednesday that it will be closing those offices “immediately.” The decision came “after careful consideration of the CDC’s updated guidelines, and in light of current conditions,” a spokesperson said. “Twitter has made the decision to close our opened offices in New York and San Francisco as well as pause future office reopenings, effective immediately. We’re continuing to closely monitor local...
Tags: Google, Amazon, Social, TC, Twitter, New York, Cdc, San Francisco, Tech, Ceo, Software, Delta, Sundar Pichai, Google Alphabet, Lori Goler, TechCrunch Facebook

Big tech companies are telling their employees to be vaccinated before returning to the office as the Delta variant spreads

Google in Manhattan. Mark Lennihan/AP Photo Major tech companies recently said employees must get vaccinated before returning to the office. Facebook and Google are among the firms mandating vaccines for in-person workers. The EEOC says employers can require employees to get a COVID-19 vaccine or ban them from the office. See more stories on Insider's business page. As return-to-work plans clash with rising COVID-19 cases in many states and the spread of the Delta variant, some tech gi...
Tags: Google, Amazon, Facebook, Lyft, New York, Microsoft, Cdc, Office, US, San Francisco, Trends, Netflix, Npr, Dc, Salesforce, Sundar Pichai

Google delays office return, mandates vaccines for workers

By Michael Liedtke | Associated Press SAN RAMON — Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling campuses are fully reopened. The announcement Wednesday came as the more highly contagious delta variant is driving a dramatic spike in COVID-19 cases and hospitalizations. In an email sent to Google’s more than 130,000 employees worldwide, CEO Sundar Pichai said the comp...
Tags: Apple, Google, New York, News, California, California News, San Francisco, Sport, Joe Biden, Soccer, Delta, Food And Drug Administration, World Health Organization, Goldman Sachs, Morgan Stanley, Sundar Pichai

Contentful raises $175M at a $3B valuation from Tiger for its content delivery service

Contentful this morning announced a $175 million Series F round of capital, led by Tiger Global, valuing the unicorn at around $3 billion. Contentful, formerly known as a UI-free content management system (headless CMS), now views itself in a broader light. More simply, Contentful provides customers with a service that will deliver images, words, and other content to their applications and websites around the world, quickly. According to the company, Tidemark and Base10 Advancement Initiative we...
Tags: Fundings & Exits, Startups, TC, San Francisco, Tech, Cms, Api, Tiger Global, Twilio, Sapphire Ventures, Bessemer, Content Management System, PitchBook Data, GAAP, Sloan, Steve Sloan

Onto raises $175 million in Series B to expand EV subscription service in the UK

Onto has raised $175 million in a combined equity and debt Series B round, capital the U.K.-based electric vehicle subscription startup plans to use to expand within the country as well as move into new markets.  This latest round brings Onto’s total funding to $245 million. Swedish VC Alfvén & Didrikson is leading the round on the equity raise, and British investment company Pollen Street Capital is providing a senior-secured asset-backed debt facility, which likely means Onto’s fleet of o...
Tags: Transportation, UK, Sweden, Funding, San Francisco, Tech, Tesla, Automotive, Electric Vehicles, Jaguar, Norway, Volkswagen, Smith, Hyundai, Shell, Renault

A United Airlines flight was evacuated after a teenager AirDropped a photo of an airsoft gun to other passengers, report says

United Airlines Flight 2167 was preparing to leave the gate at San Francisco International Airport when several passengers received the image of a replica weapon Getty Images A teen caused a United Airlines flight to be evacuated after he AirDropped an image of a gun to other passengers. Passengers were removed from the plane and rescreened, NBC Bay Area reported. It was determined that the image wasn't new and the gun wasn't in the teenager's possession. See more stories on In...
Tags: Apple, Transportation, News, Guns, California, San Francisco, Trends, News UK, Airdrop, United Airlines, Orlando, Flight Delays, NBC Bay Area, San Francisco International Airport, Doug Yakel, Yakel

The wild life of billionaire Twitter CEO Jack Dorsey, who eats one meal a day, evangelizes about bitcoin, and had to defend his company in front of Congress

Jack Dorsey onstage at a bitcoin convention on June 4, 2021 in Miami, Florida. Joe Raedle/Getty Images Jack Dorsey cofounded Twitter in 2006, and the company has made him a billionaire. He is famous for his unusual life of luxury, including a daily fasting routine and regular ice baths. Dorsey holds two CEO jobs at Twitter and his payment company Square. Visit Business Insider's home page for more stories. From fighting armies of bots to quashing rumors about sending his beard hair to ...
Tags: Google, Facebook, Mark Zuckerberg, South Korea, Twitter, New York Post, Japan, Elon Musk, Hollywood, Obama, Congress, Washington, Cbs News, Life, Senate, White House

Allocate banks $5M to open up venture capital fund access

The world of venture capital investing is a relatively small one, and relationship-based to boot. Family offices and accredited investors are eager to get involved in high-quality funds, but face hurdles like access to fund managers. Enter Allocate. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. On Thursday, the San Francisco-based company announced it rai...
Tags: Startups, TC, Finance, Funding, San Francisco, Tech, Venture Capital, Yang, First Republic Bank, Boston Consulting Group, Samir, Raji, Kauffman Fellows, Tusk Ventures, Anthemis Group, Kaji

Michael Arrington’s next act

As longtime TechCrunch readers know well, Michael Arrington cofounded TechCrunch and Crunchbase, as well as the venture fund CrunchFund, which was later renamed Tuesday Capital. But In 2017, Arrington announced that he was shifting gears and becoming a full-time crypto investor, and despite a volatile ride since, he isn’t looking back, seemingly. As he said during an interview late last week, “I like reinventing myself and I think more people should do that.” On the heels of new fund announcemen...
Tags: TC, Asia, Europe, New York, California, Russia, San Francisco, Tech, Aol, Miami, SEC, Silicon Valley, Einstein, Michael Arrington, Sand Hill Road, Crunchbase

i80 Group has quietly committed $1B in credit to the fintech and proptech worlds

Not every startup wants to raise venture capital. And then there are those that do want to raise VC money but don’t want to use it for specific things. In recent years, a number of firms have emerged looking to meet the credit needs of such venture-backed and growth startups: i80 Group is one of those firms. Former Goldman Sachs investment banker Marc Helwani founded i80 in 2016 after investing in early-stage New York-based fintechs in 2014-2015 via his VC fund, Avenue A Ventures. ...
Tags: New York, San Francisco, Tech, Paypal, Scifi, Goldman Sachs, Andreessen Horowitz, Montreal, Max Levchin, Khosla Ventures, Union Square Ventures, Silicon Valley Bank, Helwan, Helwani, Capchase, Marc Helwani

Sololearn raises $24M for its bite-sized, Duolingo-like mobile-first coding education app

Coding is not just for engineers and computer programmers anymore: the pace of technology and its growing ubiquity mean that even non-tech roles will require workers to have some degree of knowledge to do their jobs in the future. Today a company called Sololearn — which has built a popular mobile-first education platform to meet that demand, now with over 21 million users across some 25 curriculum categories like Python, JavaScript, Java, C++, HTML, and SQL — is announcing $24 million in fundin...
Tags: Apple, Google, Startups, TC, Europe, Education, Microsoft, Developer, Funding, San Francisco, COLUMBUS Ohio, YEREVAN Armenia, Drive Capital, Learn Capital, Sololearn, Yeva Hyusyan

10 things in tech: WeWork IPO chaos - Tech firm pay - Bezos' trek

Jeff Bezos successfully landed after Blue Origin's first manned space flight. Blue Origin / New Shepard First Human Flight Welcome to 10 Things in Tech. If this was forwarded to you, sign up here. Let's get into it.1. Jeff Bezos thanked Amazon employees and customers for footing the bill for his trip to space (which you can watch here). Plus, guests aboard the spaceflight opened up about their experience, with one saying there was "not quite enough room." More from the passengers he...
Tags: Amazon, Facebook, San Francisco, Newsletter, Trends, Tech, Tesla, Netflix, WeWork, Jeff Bezos, Biden, Blue Origin, Trump, Bezos, Tech Insider, Amazon Google Microsoft Facebook

Consumer Reports concerned Tesla uses owners to test unsafe self-driving software

A Tesla in full self-driving mode makes a left turn out of the middle lane on a busy San Francisco street. It jumps in a bus lane where it’s not meant to be. It turns a corner and nearly plows into parked vehicles, causing the driver to lurch for the wheel. These scenes have been captured by car reviewer AI Addict, and other scenarios like it are cropping up on YouTube. One might say that these are all mistakes any human on a cell phone might have made. But we expect more from our AI overlords....
Tags: Transportation, San Francisco, Tech, Tesla, Automotive, Electric Vehicles, Nhtsa, Phoenix, Autonomous Driving, Fisher, National Highway Traffic Safety Administration, Tesla CEO Elon Musk, William Wallace, Tesla Elon Musk, Tesla Model Y, Cruise Waymo

Zenput raises $27M Series C to keep multiunit operations flowing no matter the location

Ensuring food safety compliance can be challenging at one restaurant, let alone across thousands of restaurants. Zenput has developed technology aimed at making sure operating procedures are quickly adapted so that businesses maintain quality. The San Francisco-based operations execution company raised $27 million in Series C financing, led by Golub Capital, to continue developing its application to automate operation procedures like tracking food safety, public health protocols and changing mar...
Tags: Food, Startups, TC, Apps, Enterprise, Funding, San Francisco, Tech, Venture Capital, Food Safety, Chang, Golub, Jackson Square Ventures, Gretsch, MHS Capital, Goldcrest Capital

Sundae closes on $80M for residential real estate marketplace

Sundae , a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General Global Capital. QED Investors, Wellington Management, Susa Ventures, Founders Fund, First American Financial, Prudence Holdings, Crossover VC, Intersect Capital, Gaingels and Oberndorf Ventures also participated in the financing. The round marks San Francisco-based Sundae’s third financing...
Tags: Fundings & Exits, Startups, Florida, Real Estate, Texas, California, Funding, Sacramento Kings, Isaiah Thomas, NFL, San Francisco, Startup, Tech, Georgia, Venture Capital, Nba

Digital lending platform Blend valued at over $4B in its public debut

Mortgages may not be considered sexy, but they are a big business. And if you’ve refinanced or purchased a home digitally lately, you may or may not have noticed the company powering the software behind it — but t here’s a good chance that company is Blend. Founded in 2012, the startup has steadily grown to be a leader in the mortgage tech industry. Blend’s white label technology powers mortgage applications on the site of banks including Wells Fargo and U.S. Bank, for example, with the g...
Tags: San Francisco, Tech, New York Stock Exchange, Wells Fargo, Blend, U S Bank, SPAC, Nima Ghamsari, Ghamsari

Tech Workers Who Swore Off the Bay Area Are Coming Back

Critics said the pandemic would make the industry flee San Francisco and its southern neighbor, Silicon Valley. But tech can't seem to quit its gravitational center. New York Times: The pandemic was supposed to lead to a great tech diaspora. Freed of their offices and after-work klatches, the Bay Area's tech workers were said to be roaming America, searching for a better life in cities like Miami and Austin, Texas -- where the weather is warmer, the homes are cheaper and state income taxes don't...
Tags: Twitter, New York, America, San Francisco, Tech, Miami, Silicon Valley, Bay Area, Austin Texas, Akash Network

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