Posts filtered by tags: TC[x]


 

Strong YouTube ad growth powers Alphabet to better-than-expected Q3

Today after the bell, Alphabet announced its Q3 performance. The Google parent company generated revenues of $46.2 billion and per-share profit of $16.40 off the back of net income of $11.2 billion. Analysts had expected Alphabet to earn $11.21 per share, from revenues of $42.88 billion according to Yahoo Finance; other estimates were larger, targeting $11.37 in per-share income off revenue of $42.84 billion. The company’s shares instantly rose around 8.5% after its earnings beat. Of all th...
Tags: Google, TC, Tech, Earnings, Alphabet, Yahoo Finance, Google Cloud, Other Bets, Twitter Facebook Apple Amazon


Google tests a helpful app comparison feature on Google Play

Google is testing a new feature that could improve discovery for Android apps on Google Play. The company confirmed it’s experimenting with a “Compare Apps” option that would allow Google Play users to quickly and more easily understand the slight differences between otherwise similar apps by comparing specific features and metrics — like star ratings or total downloads, for example. The feature was first spotted by Android Police, which found it at the bottom of an individual app listing pag...
Tags: Apple, Google, Android, Google Play, TC, Mobile, Apps, Tech, Android Apps, Vlc, Android Police, Android Police Google


Why Apple’s Q4 earnings look different this year

On Thursday, Apple delivered a Q4 earnings beat but the stock slid anyway as wary investors saw worse than expected iPhone revenues. At the time of writing, stock was down around 5% in after-hours trading. It was a mild beat, with Apple posting $64.7 billion compared to the $63.7 billion Wall Street was expecting and $0.73 earnings per share versus an estimated $0.70. While Apple showcased all-time-highs in Services and Mac divisions, iPhone revenues were down 20 percent year-over-year. Gener...
Tags: Iphone, Apple, Ios, TC, Tech, Smartphone, Smartphones, Mobile Phones, Apple Inc, iPhone SE, iPhone 8, Forward


Precursor Ventures promotes Sydney Thomas, its first hire, to principal

In 2019, only one Black woman was named partner in venture capital, according to All Raise, a nonprofit focused on accelerating female founders and investors. The data has shown, shows, and will continue to show how the tech industry fails to invest in underrepresented women of color. Thus, hiring the next generation of founders and decision-makers is key (and promoting them is, too). Sydney Thomas, who was the first hire at Precursor Ventures, a seed and early-stage focused fund led by Charles ...
Tags: Startups, TC, Tech, Sydney, Hudson, Early Stage, Thomas, Charles Hudson, Precursor Ventures, Precursor, Anu Duggal, Ayanna Kerrison, Sydney Thomas, Chapman Snowden, Haas School of Business at Berkeley


Developer productivity tools startup Raycast raises $2.7M from Accel

Workplace SaaS tools for teams have seen rocket ship growth in the past several years, and that adoption has given rise to a host of software tools geared towards improving individual productivity. Many of the startups behind these tools see building a cult following among individual users as the best way to set themselves up for later enterprise-wide success. Raycast is a developer-focused productivity tool that aims to be the quickest way to get common tasks done. Today, it’s launching into pu...
Tags: Apple, Startups, TC, Y Combinator, Tech, Ceo, Software, Computing, Api, Github, Accel, Asana, Jira, Manik Gupta, Charlie Cheever, Instabug


Commissary Club wants to help formerly incarcerated people find community

Y Combinator-backed employment platform 70 Million Jobs is launching a new social network geared toward helping formerly incarcerated individuals connect with each other. While 70 Million Jobs focuses on helping people with criminal records find jobs, Commissary Club wants to serve as a place for folks to find community. “Folks with [criminal] records have always, since prisons were first built, lived in the shadows,” 70 Million Jobs founder Richard Bronson told TechCrunch. “They’ve lived in fea...
Tags: TC, Incarceration, Tech, Diversity, Criminal Justice System, Black Lives Matter, Bronson, Commissary Club, Richard Bronson, Through Commissary Club


The Wanderlust Group raises $14.2M to double-down on getting folks outdoors

The Wanderlust Group, a Rhode Island-based startup focused on building software for the boating world, announced that it has closed a $14.2 million Series B round of capital this week. The new funds were provided by Allen & Company and the Alaris family office. (Post updated to amend investor list after publication.) Wanderlust had raised $13.1 million prior to this round of funding, making its new Series B larger than all the capital the startup had raised previously. According to Wanderlust’s ...
Tags: Fundings & Exits, Startups, TC, Post, Australia, Tech, Tesla, New Zealand, Rhode Island, Newport, Melillo, Allen & Company, Recent Funding, Alaris, COVID, Avenir Corporation


Goodcover, the YC-backed insurance startup, raises $7.5 million in Series A

YC-backed Goodcover, the insurtech startup that looks to pass unused premiums back to the policyholder, is today announcing the close of a $7.5 million Series A funding round. The funding was led by Goodwater Capital, with participation from Fuel Capital, Broadhaven Ventures, Global Founders Capital, Liquid 2 and TransRe. Goodcover launched out of Y Combinator in February of this year with a mission to charge as close to what is needed as possible in premiums, using its own machine learning a...
Tags: Startups, TC, Y Combinator, California, Funding, Tech, Goodwater Capital, Lotz, Hippo, Eric Kim, Goodcover, Chris Lotz, TransRe Goodcover


Meet the 11 startups graduating from the Entrepreneurs Roundtable Accelerator

Disruption favors the small startup, and the pandemic has most certainly been disruptive. So it’s no surprise that accelerators and incubators are pumping out new startups who are ready to tackle the problems of 2020. One such accelerator is the Entrepreneurs Roundtable Accelerator, which is graduating 11 new startups out of the program today with its Summer 2020 Demo Day. Since inception, ERA has launched 215+ startups, which have raised more than $500 million in capital collectively. So withou...
Tags: TC, Tech, Fda, Caire, Entrepreneurs Roundtable Accelerator, Aires Medical, Virtuleap


Donut launches Watercooler, an easy way to socialize online with coworkers

If you miss hanging out with your coworkers but don’t want to spend a single second more on Zoom, the latest product from Donut might be the answer. The startup is launching its new Watercooler product today while also announcing that it has raised $12 million in total funding, led by Accel and with participation from Bloomberg Beta, FirstMark, Slack Fund and various angel investors. Co-founder and CEO Dan Manian told me that this is actually money that the startup raised before the pandemic, ac...
Tags: Fundings & Exits, Startups, TC, Enterprise, Funding, Tech, Accel, Invision, Bloomberg Beta, Donut, Dan Manian, Manian, The New York Times Toyota


Spotify CEO says company will ‘further expand price increases’

Spotify is planning further price increases, according to comments made by co-founder and CEO Daniel Ek during the company’s third quarter earnings on Thursday. The streaming service had added 6 million subscribers in Q3 to achieve a total 144 million paying customers across 320 million active users, but fell short on both sales and earnings, driving the stock lower. By raising prices for its service, Spotify could pull in higher revenues in markets where the company believes users will conti...
Tags: TC, Spotify, Media, Australia, Dc Comics, US, Tech, Colombia, EK, Belgium, Earnings, Streaming, Streaming Music, Daniel Ek, Streaming Service, Peru Ecuador


VCs poured capital into European startups in Q3, but early-stage dealmaking appeared to suffer

The global recovery in venture capital activity did not miss Europe, new data indicates. According to a PitchBook report, European venture capital activity rose in Q3 2020, putting the continent on pace to set a new yearly record for aggregate VC activity (as measured in Euros). The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get The Exchange newsletter every Saturday. The strong results come in the wake of a cracking quarter for venture capital act...
Tags: Fundings & Exits, Startups, TC, Europe, Tech, United States, PitchBook, The Exchange


Nutrium app, which links dietitians and patients, raises $4.9M led by Indico Capital

Nutrium, a digital health startup which links dietitians and their patients via an app, has raised a €4.25 million Seed round led by Indico Capital Partners, alongside the the Social Innovation Fund in Portugal (SIF) and previous investors. It now offers professional nutrition software to 80,000 nutrition professionals and 800,000 patients in more than 40 countries. With this investment round, Nutrium plans to double the team size in the next 24 months in order to focus on platform development a...
Tags: Health, TC, Europe, UK, Nutrition, France, Articles, Tech, Spain, United States, United Kingdom, Italy, Portugal, Vice President, General Partner, Portugal Ventures


More chip industry action as Marvell is acquiring Inphi for $10B

It’s been quite a time for chip industry consolidation, and today Marvell joined the acquisition parade when it announced it is acquiring Inphi in a combination of stock and cash valued at approximately $10 billion, according to the company. Marvell CEO Matt Murphy believes that by adding Inphi, a chip maker that helps connect internal servers in cloud data centers, and then between data centers, using fibre cabling, it will complement Marvell’s copper-based chip portfolio and give it an edge in...
Tags: Travel, Fundings & Exits, TC, Hardware, Enterprise, M&a, Nvidia, Mergers and Acquisitions, Amd, Chips, Matt Murphy, Semiconductors, Murphy, Marvell, Xilinx, Inphi


CoreCare raises $3 million for managing billing and payments from public health benefit providers

CoreCare, a provider of revenue management services for healthcare companies dealing with public health benefit providers, has raised $3 million in a seed financing round. The company, which uses machine learning, automates large swaths of billing and revenue cycle management to reduce the burden on hospitals, according to chief executive, Dennis Antonelos. Already, companies like Creative Solutions in Healthcare, a nursing facility operator in Texas, which operates nearly 80 locations has si...
Tags: Travel, Health, TC, Y Combinator, Texas, Articles, Healthcare, Machine Learning, Health Insurance, Medicare, Goat Capital, Dennis Antonelos, Creative Solutions in Healthcare, Antonelos, Primetime Partners Goat Capital Funders Club, Gary Blake


Sinch announces Conversation API to bring together multiple messaging tools

As communicating with customers across the world grows ever more challenging due to multiple channels, tools and networking providers, companies are looking for a way to simplify it all. Sinch, a company that makes communications APIs, announced a new tool this morning called the Conversation API designed to make it easier to interact with customers across the planet using multiple messaging products. Sinch chief product officer Vikram Khandpur says that business is being conducted in differe...
Tags: TC, Cloud, Sweden, Enterprise, Developer, Messaging, India, Tech, Sms, Viber, Sap, Stockholm, APIs, Sinch, Digital Interconnect, Vikram Khandpur


Shopify stock is up in pre-market trading as earnings blow past estimates

Shopify stock jumped nearly 3% in pre-market trading today after announcing earnings that handily beat the estimates set by Wall Street. The Ottawa-based provider of e-commerce services for retailers reported earnings of $133.2 million, or $1.13 per-share, for the third quarter after posting a loss of $33.6 million, or 29 cents per-share, in the same period last year. Analysts tracking the company had expected earnings per-share of 52 cents. Pretty much everything about the company’s busin...
Tags: Startups, TC, Business, Publishing, E-commerce, Online Shopping, President, Venture Capital, Operating System, Shopify, Analyst, Ottawa, Cfo, Chief Financial Officer, Tiktok, Harley Finkelstein Shopify


Juganu begins selling its tunable lighting system for pathogen disinfection and deactivation in the US

Juganu, the venture-backed Israeli company that makes lighting systems capable of emitting light at specified wavelengths, is now selling a product that it claims can disinfect surfaces and deactivate pathogens in an attempt to provide buildings with new safety technologies that can prevent the spread of the coronavirus that causes COVID-19. The company claims that its J.Protect product was clinically validated through a study conducted by Dr. Meital Gal-Tanamy at the Bar-Ilan University Facu...
Tags: Health, Startups, TC, Mexico, India, Israel, US, Articles, Home Automation, United States, Brazil, Fda, Epa, Hygiene, Uva, Qualcomm


Twitter’s API access changes are chasing away third-party developers

Edward Tian Contributor Share on Twitter Edward Tian is a computer science student at Princeton and an investigator at Bellingcat who combines technology and investigative journalism. On August 12, Twitter launched a complete rebuild of its 2012 API, with new endpoints for data collection, new access levels and a new developer portal. Notably, the version 2 API was presented as a step in mending the notoriously fractious re...
Tags: Social, Startups, TC, Column, Twitter, Developer, Bbc, Princeton, Social Media Analytics, Gnip, Datasift, Data Analytics, Barker, Bellingcat, Twitter API, Shulman


LightDeck Diagnostics has $11 million for its new, high-speed, way to test for COVID-19, sepsis, and heart attack

LightDeck Diagnostics, a company formed earlier this year from the merger of startups mBio and Brava Diagnostics, has raised $11 million in funding for a new high-speed COVID-19 test, according to a statement. The company’s novel test uses planar wave guide technologies to rapidly assess the presence of specific pathogens in a patient. After collecting a patient sample, a user places the sample in a cartridge and then inserts that wave guide cartridge into the company’s proprietary analyzer. The...
Tags: TC, Washington, Tech, University of Utah, Naval Research Laboratory, Michael Chang, Brava, Myatt, Boulder Ventures, LightDeck Diagnostics, Brava Diagnostics, LightDeck, Chris Myatt, Precision Photonics Corp, Myatt Along, Mike Lochhead


Gwyneth Paltrow, Rebel Wilson, Darren Criss, and Baron Davis are backing an LA-based weed soda company

Celebrity investors including Gwyneth Paltrow, Rebel Wilson, Ruby Rose, Darren Criss, Baron Davis, Tove Lo, and Casey Neistat have come together to back the Los Angeles-based thc-infused drink company, Cann, the company said. It’s the latest in a string of deals that show the strength of the market for alternative intoxicants — at least in California. News of the funding follows yesterday’s announcement that the Los Angeles-based, national liquor delivery service Saucey would be merging wi...
Tags: TC, California, La, Actors, Los Angeles, Tech, Can, Nevada, Actress, DCM, Gwyneth Paltrow, Casey Neistat, Goop, Ruby Rose, Baron Davis, California Dreamin


GetYourGuide closes $133M convertible note as travel startups continue to weather the Covid-19 storm

On the heels of Germany announcing another lockdown to try to contain the rapid rise in Covid-19 cases in the country, one of the hottest startups in its capital city is announcing the closing of a large convertible note to help it keep moving forward. GetYourGuide, which in brighter times runs a thriving and viral business of arranging and running a series of walks and other exploration experiences for people touring different parts of the world — viral because it’s been taken up by a critical ...
Tags: TC, Germany, Tech, Getyourguide, Reck, Johannes Reck, Eric Zinterhofer, Searchlight Capital


The Level Bolt and Level Touch smart locks are a cut above the competition in design and usability

Level is one of the newer players in the smart lock space, but with a design pedigree that includes a lot of former Apple employees, the company’s already attracting a lot of praise for its industrial design. I tested out both of its current offerings, the Level Bolt and the Level Touch, and found that they’re well-designed, user-friendly smart locks that are a cut above the competition when it comes to aesthetics and feature set. The basics Level’s debut product, the $229 Level Bolt, works...
Tags: Reviews, Iphone, Apple, Ios, Security, Ipad, Startups, TC, Gadgets, Hardware, Review, Siri, Smartphone, Nfc, Lock, Homekit


Marriott International announces partnership with Grab in six Southeast Asian countries

The COVID-19 pandemic has hit the hospitality industry especially hard, and hotels around the world are looking for ways to regain revenue. Today, Marriott International and Grab announced a partnership that will cover the hospitality giant’s dining businesses in six Southeast Asian countries: Singapore, Indonesia, Malaysia, the Philippines, Vietnam and Thailand. Instead of room bookings, Marriott International deal with Grab focuses on about 600 restaurants and bars at its properties in t...
Tags: Travel, TC, Asia, China, Restaurants, Southeast Asia, Thailand, Klook, On-demand Delivery, Arne Sorenson, Marriott International, Grab, Klook Klook, Russell Cohen, Marriott Bonvoy


Daily Crunch: Apple seems pretty interested in search

Apple might be building a Google competitor, Audible adds more podcasts and an ad measurement company raises $350 million. This is your Daily Crunch for October 28, 2020. The big story: Apple seems pretty interested in search Apple has a growing interest in search technology and might even be working on a product to compete with Google, according to The Financial Times. The most visible change is the fact that in iOS 14, Apple is now showing its own results when you type queries in the home...
Tags: Apple, Google, TC, Spotify, US, Siri, Tech, Smith, Latin America, Sap, Ryan Smith, Alex Jones, Utah Jazz, U S Justice Department, Joe Rogan, Doubleverify


Section 230 barely rates a mention in Senate’s hasty pre-election flogging of tech CEOs

Today’s Senate hearing on immensely important legal protections for online platforms quickly proved to be little more than an excuse for Senators to accuse the CEOs of Twitter, Facebook and Google of partisan interference with next week’s election. The actual law being considered for revision was mentioned only a handful of times in the nearly four-hour hearing, the balance being taken up by partisan bickering and, ironically, misinformation. The hearing, assembled and convened with naked haste ...
Tags: Google, TC, Facebook, Mark Zuckerberg, Twitter, Supreme Court, Congress, Government, Senate, Tech, Policy, Biden, Jack Dorsey, Donald Trump, Sundar Pichai, Pichai


We need new business models to burst old media filter bubbles

Nik Milanovic Contributor Share on Twitter Nik Milanovic is a fintech and financial inclusion enthusiast, with a decade of work across mobile payments, online lending, credit and microfinance. The opinions expressed in his articles do not reflect those of his employer(s). More posts by this contributor Now more than ever we need fintechs to lead on consumer transparency Who will the winners be in the future ...
Tags: Social, TC, Column, Media, Fcc, Digital, US, Social Media, Tech, Journalism, Mit, United States, New York Times, Rupert Murdoch, News Media, Shopify


Fiat Chrysler plans to bring a Ram electric pickup truck to market

Fiat Chrysler Automobiles CEO Mike Manley confirmed Wednesday the automaker’s Ram brand will bring an electric pickup truck to market. The remarks, made in response to an analyst question during the company third-quarter earnings call, puts to rest rampant speculation, which was fueled by previous comments from Manley, that the automaker was planning to join what promises to become a crowded new category. The Detroit Free-Press was the first to report the comments. “I do see that there will b...
Tags: TC, Tech, Tesla, Automotive, Ford, Electric Vehicles, Gm, North America, Electric, Fiat Chrysler, Detroit Free Press, Fiat Chrysler Automobiles, Mike Manley, Manley, Rouge, Hawthorne California


Fiat Chrysler plans to bring an Ram electric pickup truck to market

Fiat Chrysler Automobiles CEO Mike Manley confirmed Wednesday the automaker’s Ram brand will bring an electric pickup truck to market. The remarks, made in response to an analyst question during the company third-quarter earnings call, puts to rest rampant speculation, which was fueled by previous comments from Manley, that the automaker was planning to join what promises to become a crowded new category. The Detroit Free-Press was the first to report the comments. “I do see that there will be a...
Tags: TC, Tech, Tesla, Automotive, Ford, Electric Vehicles, Fca, Gm, North America, Electric, Fiat Chrysler, Detroit Free Press, Mike Manley, Manley, Rouge, Hawthorne California


Dear Sophie: Any upgrade options for E-2 visa holders interested in changing jobs?

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: What visa options exist for a grad co-founding a startup? ...
Tags: Startups, TC, Column, California, Tech, Diversity, Policy, Silicon Valley, Slovakia, Lawyers, H-1b Visa, Sophie, Redwood City, Alcorn, Green Card, Immigration Law