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Facebook asks for a moat of regulations it already meets

It’s suspiciously convenient that Facebook already fulfills most of the regulatory requirements it’s asking governments to lay on the rest of the tech industry. Facebook CEO Mark Zuckerberg is in Brussels lobbying the European Union’s regulators as they form new laws to govern artificial intelligence, content moderation and more. But if they follow Facebook’s suggestions, they might reinforce the social network’s power rather than keep it in check by hamstringing companies with fewer resource...
Tags: Google, Social, TC, Facebook, Apps, Mark Zuckerberg, Europe, Isis, Advertising Tech, Government, Tech, Eu, European Union, Artificial Intelligence, Policy, Al Qaeda


The Station: Lucid Motors spy shot and the birth of an AV startup

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello again — or perhaps for the first time. This is Kirsten Korosec, senior transportation reporter at TechCrunch and your host here at The Station. This weekly newsletter will also be posted as an article after the weekend — that’s what you’re reading now. To get it first, subscribe for free. Please note that there will be not be a ne...
Tags: Google, Amazon, TC, Uber, Elon Musk, New York, Senate, Germany, Berlin, Nigeria, Cars, Tech, Tesla, Bloomberg, Ceo, Cta


GGV Capital says mom-and-pop shops can boost e-commerce in emerging markets

Despite the rapid growth of e-commerce in India, Southeast Asia and other emerging markets, the vast majority of retail transactions there still happen offline in small stores that also serve as neighborhood hubs. The central role these stores play in their communities led GGV Capital to develop what the firm refers to as its mom-and-pop shop investment thesis. This means backing startups that help small retailers digitize operations, tap into better supply chains and serve as delivery points...
Tags: Startups, TC, Ecommerce, Asia, Indonesia, China, Southeast Asia, India, Tech, United States, Vietnam, Latin America, Ggv Capital, Tung, India Southeast Asia, Hans Tung


So much for pessimism

After WeWork exploded there was — at least supposedly — a change in sentiment among investors and founders alike. Gone were the days of easy nine-figure rounds, expensive growth, negative unit economics and the rest of the excess that Startupland has enjoyed over the past half-decade. Inside this purported sentiment shift, I presumed, was a decrease in optimism; surely venture capitalists and entrepreneurs would change their behavior inside this new paradigm? But by some measures, they haven’t. ...
Tags: Startups, TC, Boston, Tech, West, SaaS, Venture Capital, WeWork, Startupland, Exit, Fenwick, Fenwick & West


Apple will miss revenue forecast as coronavirus impacts its manufacturing, sales

Today Apple announced that its prior financial forecast, provided during , is no longer valid. In a letter to investors today, the technology giant said that it “do[es] not expect to meet the revenue guidance we provided for the March quarter” due to impacts stemming from the coronavirus that has shuttered large parts of China, and is reverberating through the global economy. In its letter Apple said that its prior guidance was based on its “best estimates about the pace of return to work fo...
Tags: Apple, TC, China, Singapore, Tech, Earnings, Cupertino, Foxconn


Apple will miss revenue forecast as coronavirus impacts its manufacturing and sales

Today Apple announced that its prior financial forecast, provided during , is no longer valid. In a letter to investors today, the technology giant said that it “do[es] not expect to meet the revenue guidance we provided for the March quarter” due to impacts stemming from the coronavirus that has shuttered large parts of China, and is reverberating through the global economy. In its letter Apple said that its prior guidance was based on its “best estimates about the pace of return to work fo...
Tags: Apple, TC, China, Singapore, Tech, Earnings, Cupertino, Foxconn


Beijing Auto Show postponed due to coronavirus

China’s annual auto show in Beijing has been postponed because of novel coronavirus, as the number of cases of people infected surpass 71,000. The Beijing International Automotive Exhibition, which was scheduled to begin April 21, is the latest high-profile event that has been either cancelled or postponed over concerns of coronavirus. A new date will be announced in the future, organizers said on the official event website. Earlier this month, MWC canceled its event in Barcelona, which was supp...
Tags: TC, Asia, Finance, China, Tech, Barcelona, Beijing, Automotive, New York Times, Credit Suisse, Shanghai, Financial Services, Communist Party, Republic of China, Credit Suisse Group AG, Beijing Auto Show


Max Q: Spacex gets ready for first human flight

Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. This week turned out to be a surprisingly busy one in space news – kicked off by the Trump administration’s FY 2021 budget proposal, which was generous to U.S. space efforts both in science and in defense. Meanwhile, we saw significant progress in SpaceX’s commercial crew program, and plenty of activity among startups big and small. SpaceX’s Crew Dragon arrives in Florida The spacec...
Tags: TC, Space, Spacex, Elon Musk, Florida, Science, Alabama, Los Angeles, Tech, Nasa, Earth, Flight, United States, Space Tourism, Virgin Galactic, Satellite


How TikTok decides who to make famous

Read part one of this post, “Leveraging TikTok for growth,” on TechCrunch. Leveraging TikTok for growth Part 2: The TikTok System So what do we mean when we say “then, the post is reviewed by an AI?” TikTok is the most extensive content moderation system that has ever existed. The 411 on content moderation To make that claim, we need to understand the status quo in moderation today. Content moderation was one of the first product problems of user-generated content that computer-vision s...
Tags: TC, Facebook, Apps, Spotify, Media, Entertainment, Tech, Netflix, Insta, Tiktok, Wikipedia These systems


Rippling starts billboard battle with Gusto

Remember when Zenefits imploded, and kicked out CEO Parker Conrad. Well, Conrad launched a new employee onboarding startup called Rippling, and now he’s going after another HR company called Gusto with a new billboard, “Outgrowing Gusto? Presto change-o.” The problem is, Gusto got it taken down by issuing a order to Rippling and the billboard operator Clear Channel Outdoor. That’s despite the law typically allowing comparative advertising as long as it’s accurate. Gusto sells HR, benefit...
Tags: Startups, TC, Enterprise, Drama, Billboard, Tech, Zenefits, Payments, Human Resources, Parker Conrad, Hiring, Kleiner Perkins, Gusto, Onboarding, Conrad, Human Resources Software


Jeff Bezos announced a $10 billion fund to fight climate change

Jeff Bezos (one of the world’s richest men) announced on one of the world’s largest social media platforms (Instagram) that he’s creating a $10 billion fund to combat climate change. In a post on Monday morning Bezos announced that the Bezos Earth Fund will finance “scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world.” View this post on Instagram ...
Tags: Amazon, TC, Tech, Earth, Jeff Bezos, Jeff, Bezos, Instagram Today, Breakthrough Energy Ventures


Boston’s year jump starts as two local startups raise $520M in two rounds

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Late last week two Boston-based companies raised big rounds. The size of the two investments — each over the $100 million mark — and their rapid succession made them stand out. The pair of investments raised a question: Is Boston seeing an acceleration in the pace at which it attracts venture capital? Of course, Toast raising $400 million and Flywire raising $120 million with...
Tags: Fundings & Exits, Startups, TC, Boston, Tech, Venture Capital, Toast, Flywire, Winged Bread Toast Boston


MotoRefi raises $8.6 million to bring its auto refinancing platform to the masses

Americans are saddled with $1.2 trillion in auto loans, according to data collected by the Federal Reserve. And while that debt can be refinanced, even U.S. car owners who know it’s an option face a complicated task. MotoRefi, a new fintech startup that was born out of QED Investors in 2017, says it has developed an auto refinancing platform that handles the entire process, from rooting out the best rates to paying off the old lender and re-titling the vehicle. Now, the company is preparing to s...
Tags: Startups, TC, Tech, Automotive, Credit Karma, Bennett, U S, Holt, Kevin Bennett, Rachel Holt, Accomplice, CUNA Mutual Group, Link Ventures, Rob Chaplinsky, Recent Funding, MotoRefi


Equity Monday: Oyo’s losses, global growth concerns, and four early-stage rounds

Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years don’t worry — we’re not changing the main show. Here’s last week’s episode with Danny Crichton and Bessemer’s Elliott Robinson which I really enjoyed. And, we just posted the video from that taping, in case you wanted to see what a podcast looks like IRL. Spoiler: It’s mostly a b...
Tags: Apple, Startups, TC, Japan, Singapore, Tech, Equity, Zscaler, Bessemer, Oyo, Danny Crichton, Equity podcast, Elliott Robinson, Equity Monday, Dropbox Wix


Watch SpaceX attempt a rocket reusability record with another Starlink launch live

SpaceX is launching another batch of 60 Starlink satellites to join its existing constellation, which will bring the total to 300 and be the third Starlink launch this year already. The launch will also be a potentially record-setting demonstration of SpaceX’s Falcon 9 reusability, with the shortest turnaround time for a Falcon 9 first stage between its previous mission and its next. The Falcon 9 booster being used today has already flown three times before, including in May, July and t...
Tags: TC, Space, Spacex, Tech, Broadband, Canada, United States, Ships, Falcon 9, Spaceflight, Aerospace, Falcon, Outer Space, StarLink


Google ends its free Wi-Fi program Station

Google said on Monday that it is winding down its Station program, through which it rolled out free Wi-Fi in more than 400 railway stations in India and in several other public places around the globe. Caesar Sengupta, VP of Payments and Next Billion Users at Google, said the program, launched in 2015, helped millions of users connect to the internet everyday — many for the first time. But as mobile data prices become affordable in many markets, Google Station was no longer as necessary. Sengupt...
Tags: Google, TC, India, Tech, Gupta, Sengupta


Startups Weekly: A pre-IPO list of unicorn companies that also generate lots of revenue(!)

[Editor’s note: Want to get this weekly review of news that startups can use by email? Just subscribe here.]  My colleague Alex Wilhelm has been researching the companies that are both getting impressive valuations and also generating annual recurring revenues of around $100 million on more. These are the sorts of companies that any savvy public-market tech investor might want to take a closer look at, particularly the sort of investor who is comfortable digesting modern online subscription metr...
Tags: TC, China, Tech, Alex, Vmware, Ftc, Bessemer, Alex Wilhelm, Nps, Danny, Escher, Danny Crichton, Mike Volpi, Lidia Yan, Startups Weekly, Anna Escher


The drunken HQ Trivia finale before it shut down was insane

“Not gonna lie. This f*cking sucks. This is the last HQ ever!” yelled host Matt Richards . And it just got crazier from there.The farewell game of HQ Trivia before it shut down last night was a beautiful disaster. The hosts cursed, sprayed champagne, threatened to defecate on the homes of trolls in the chat window, and begged for new jobs. Imagine Jeopardy but Trebek is hyped-up and blacked-out. Yesterday HQ Trivia ran out of money, laid off its 25 employees, and shut down. It was in talks to ...
Tags: Social, Startups, TC, Mobile, Gaming, Apps, Wtf, Entertainment, Tech, Humor, Shut Down, Exit, Richards, Trebek, Colin Kroll, Matt Richards


Living with the Samsung Galaxy Z Flip

The Galaxy Z Flip ships with the same “Care Instructions” as the Fold. It’s a five-item list with the following basic points: Don’t scratch the screen with a pen or fingernail Don’t stick stuff between the screens when folding Don’t get it dusty, wet or feed it after midnight Don’t stick stickers to the screen Don’t get it near credit cards or your pacemaker Unlike the last time around, however, these warnings seem to have been included out of an (understandable) abundance of caut...
Tags: Apple, Google, TC, Mobile, Motorola, Hardware, Youtube, Samsung, Tech, Smartphones, Short, Cnet, Foldables, Moto Razr, Samsung Galaxy Z Flip


Rocket Lab will launch a satellite to the Moon for NASA to prepare for the Lunar Gateway

Launch startup Rocket Lab has been awarded a contract to launch a CubeSat on behalf of NASA for the agency’s CAPSTONE experiment, with the ultimate aim of putting the CAPSTONE CubeSat into cislunar (in the region in between Earth and the Moon) orbit – the same orbit that NASA will eventually use for its Gateway Moon-orbiting space station. The launch is scheduled to take place in 2021. The CAPSTONE launch will take place at Rocket Lab’s new Launch Complex 2 (LC-2) facility at Wallops Fligh...
Tags: TC, Transportation, Space, Science, Virginia, Tech, Nasa, Earth, Satellite, Mars, Spaceflight, Aerospace, Artemis, Spacecraft, Spaceport, Outer Space


HQ Trivia shuts down after acquisition falls through

HQ Trivia is dead. Today the company laid off its full staff of 25 and will cease operation of its trivia, sports, and word guessing games, a source close to the company confirmed. HQ Trivia had a deal in the works to be acquired, but they buyer pulled out yesterday and investors aren’t willing to fund it any longer, CEO and co-founder Rus Yusupov said in a statement attained by CNN Business’ Kerry Flynn. “We received an offer from an established business to acquire HQ and continue building ...
Tags: Social, Fundings & Exits, Startups, TC, Mobile, Gaming, Apps, Entertainment, Tech, Cnn, Deadpool, Shut Down, Exit, Co, Trivia, HQ


General Catalyst leads $6 million investment in team productivity startup Range

In case you haven’t heard, VCs are loving on workplace software as of late and productivity tools that help teams collaborate seem to be a particular frothy area of investment. A smattering of top VC firms and angels including General Catalyst, First Round Capital, Bloomberg Beta, Biz Stone and Ellen Pao are throwing their confidence behind a new productivity startup called Range. The tool is focused around helping small teams collaborate, grow closer and track their work together. There are qui...
Tags: Google, TC, Tech, Mozilla, Ellen Pao, Ev Williams, General Catalyst, Biz Stone, Jen, Braden Kowitz, Braden, Dennard, Google Docs Google, Dan Pupius Jennifer Dennard, Twitter Carta, Pupius


SpaceX’s Crew Dragon is now in Florida to prep for its first flight with astronauts onboard

SpaceX has moved its Crew Dragon commercial astronaut spacecraft to Florida, the site from which it’ll launch in likely just two to three months’ time if all goes to plan. The Crew Dragon capsule is now going to undergo final testing and checkouts in Florida before its departure from Cape Canaveral Air Force Station, where it’ll launch atop a Falcon 9 rocket, with NASA astronauts Bob Behnken and Doug Hurley on board. Behnken and Hurley will be taking a trip to the International Space Station ...
Tags: TC, Space, Spacex, Florida, Tech, Nasa, International Space Station, Dragon, Software Development, Astronaut, Falcon 9, Spaceflight, Aerospace, Boeing, Spacecraft, Falcon


Tinder founder funds sex tips app Lover

Want to spice up the bedroom without paying for pills or awkward visits to a sex therapist? A new app called Lover lets you take a sexual personality quiz, explore carnal knowledge tutorials, and discretely figure out which turn-ons you share with your partner. Built by board certified sexual medicine clinical psychologist Dr. Britney Blair, Lover launches today on iOS with $5 million in seed funding from Tinder founder Sean Rad and other investors. “It is strange that there are such taboos aro...
Tags: Health, Startups, TC, Mobile, Ecommerce, Apps, Europe, UK, Education, Tinder, Sean Rad, Sex, Stanford, Tech, Sex Education, Sexual health


Married co-founders are a startup’s secret weapon

“If I was running Clearbanc by myself, it probably would have gone off the cliff eight times at this point,” says Clearbanc co-founder Andrew D’Souza.  “If I were running the company by myself, it would be half its size,” adds Michele Romanow, Clearbanc’s other co-founder. In addition to starting the $420 million-backed fintech company together, D’Souza and Romanow are in a relationship. The two initially met at an event in San Francisco, and followed up with a friendly informational int...
Tags: Startups, TC, Mexico, La, China, Groupon, America, San Francisco, Tech, Canada, United States, Brookfield, Silicon Valley, Dell, Andreessen Horowitz, New York Stock Exchange


Why startups are raising more venture debt as VC dollars near all-time records

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As I write to you, SaaS and cloud stocks are busy setting fresh all-time highs and as we’ve seen, venture interest in modern software companies is pushing more money into the sector. But despite it appearing to be an incredibly good time to raise equity funding, venture debt and revenue-based financing appear to be having a moment. So why are more folks talking about and raising...
Tags: Fundings & Exits, Startups, TC, Tech, United States, John Gallagher, Venture Debt, Kruze, Revup Capital


Blue Origin’s new rocket engine production facility opens on Monday

Blue Origin is opening its new rocket engine production center in Huntsville, Ala. on Monday, the company said today on Twitter. The new Huntsville facility will be able to produce its rocket engines at a much higher rate than is currently possible, which will be useful as the company is using its in-development BE-4 engine for its own New Glenn rocket, as well as for supplying the United Launch Alliance with thrust for its new Vulcan launch vehicle. Blue Origin started working on BE-4 in 201...
Tags: TC, Space, Alabama, Tech, Nasa, Aerospace, United Launch Alliance, Blue Origin, Rocketry, Glenn, Huntsville, Vulcan, Marshall Space Flight Center, Huntsville Ala, Raptor, New Glenn


Virgin Galactic relocates SpaceShipTwo ‘VSS Unity’ to its spaceport for preparations ahead of commercial flights

Virgin Galactic is one crucial step closer to actually flying paying customers to space: The space tourism company just relocated its SpaceShipTwo vehicle, the VSS Unity, from its Mojave, California manufacturing facility to Spaceport America in New Mexico, where it will begin flights with a goal of at least sending company founder Richard Branson to space during the year of his 70th birthday. VSS Unity made the trip attached to the carrier aircraft that will bring it up to its launch altitud...
Tags: TC, Space, California, Tech, Space Tourism, Virgin Galactic, Spaceshiptwo, Richard Branson, New Mexico, Spaceflight, Aerospace, Branson, Vms, Outer Space, Spaceport America, Mojave


Where top VCs are investing in construction robotics

Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. Last November, we surveyed 13 of the top robotics-focused VCs to find out which areas of robotics are exciting them most going into 2020. One of the most common areas of attention respondents highlighted were startups focused on construction and manufacturing. In 2019 alone, the robotics space saw roughly 600 venture-backed fundra...
Tags: Fundings & Exits, Startups, TC, Real Estate, Funding, Tech, Venture Capital, Construction, Robotics, Buildings, True Ventures, Building, Matt Murphy, Menlo Ventures, Nea, Felicis Ventures


Tamatem, the games publisher for the MENA market, raises $3.5M to reach other ‘underserved’ gamers

​Tamatem, the leading mobile games publisher in the Arabic speaking market, has raised $3.5 million in additional funding — essentially an extension of the startup’s earlier Series A. The round was led by existing investor ​Wamda Capital, with participation from Modern Electronics Company (a subsidiary of AlFaisaliah Group) and North Base Media. Tamatem says the purpose of this round is two-fold: to “double down” on its efforts in the MENA region, and to expand to other underserved markets world...
Tags: Fundings & Exits, Startups, TC, Iraq, Tech, Syria, Middle East, Jordan, Uae, Mena, Riyadh, Wamda Capital, Hammo, Tamatem, Hussam Hammo, Modern Electronics Company



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