Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion, two sources familiar with the matter told TechCrunch. Atlanta-headquartered Invesco is in talks to lead — or co-lead — the new financing round in the Bangalore-based startup, which counts […]
Earlier this year, Ford Motor Company announced an investment of $30 billion toward electrification by 2025. On Monday, the automaker unveiled some specifics for that plan. Ford and its battery joint venture partner, SK Innovation, will be investing $11.4 billion in the two new campuses it plans to build in Kentucky and Tennessee to produce […]
The decarbonization of the planet will be the next major disruption of the century, according to SOSV managing general partner Sean O'Sullivan and Carmichael Roberts of Breakthrough Energy Ventures.
Ford Motor Company and battery manufacturer SK Innovation plan to spend $11.4 billion to build two massive campuses in Tennessee and Kentucky that will produce batteries as well as the next generation of electric F-Series trucks — a project the companies said will create 11,000 new jobs. Facilities on the two campuses are designed to […]
The proliferation of affordable and fast mobile data allowed hundreds of millions of Indians to come online for the first time in the past decade. But there are scores of areas in the South Asian nation’s economy that remain largely offline. One of those is factories. There are about 150,000 factories in India, but the […]
Ahead of a volatile retail season, one theme is clear: It’s a now-or-never moment for brands to adopt live shopping, expand their audience ownership and build a new community of influencers.
Mostly friends and sometimes family have encouraged me to tell stories about my days in the comedy, music, and tech businesses. And for all of this time I’ve been reluctant. However, with the Pandemic and the impending birth of my first grandchild, I’ve reconsidered. My wife’s passion for genealogy has reminded us that stories get […]
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Traditional foreign exchange companies will need to change their revenue models, which currently rely heavily on transaction fees, or risk becoming obsolete.
LinkedIn earlier this month unveiled a new push around creators to bring more original content (and engagement) to its platform, but that’s not the only effort they are making to bring more activity to its networking site. TechCrunch has learned and confirmed that LinkedIn is also running a test around events — specifically, paid events. […]
Satellite manufacturing company Terran Orbital said Monday it would open the world’s largest space vehicle manufacturing facility on Florida’s Space Coast at a cost of $300 million. The 660,000-square-foot factory will be capable of producing “thousands of different types of space vehicles per year,” including 1000 complete satellites and over 1 million satellite components per […]
Investor and entrepreneur Anshu Sharma — formerly a partner at Storm Ventures, now CEO of privacy-focused SkyFlow — asked on Twitter today about the connection between interest rates and technology valuations: Ignore the compliments; Sharma was merely trying to bait Jeff and me into engaging with his question. Which worked, as you can tell. Sharma […]
Around 90% of startups fail, and the reasons for failure are well known: undercapitalization, scaling challenges, lack of a competitive advantage or realistic IP. But what about the 10% that succeed?
Mobile spyware is one of the most invasive and targeted kinds of unregulated surveillance, since it can be used to track where you go, who you see and what you talk about. And because of its stealthy nature, mobile spyware can be nearly impossible to detect. But now one Y Combinator-backed startup is building an […]
Car enthusiasts have a history of electric-car hesitancy. While some are fully on board with electrification and hybridization, there are still some petrol holdouts, especially at the rarified and pointy end-of-the-price spectrum like Lamborghini. The push for electrification and hybrid powertrains poses a significant challenge to the carmaker known for creating striking, bespoke containers for […]
When sister duo Claudia and Carolina Recchi were first building EdSights, they used a big guiding question. “In a perfect world [where] we somehow had a magic wand that allowed us to collect the data on whatever we want on our fingers, what would we want to know to prevent [college] students from dropping out?,” […]
We’re changing the name of our membership product to TechCrunch+. We’re doing so for a few reasons but mainly because you know and trust TechCrunch to bring you the best alpha possible in the startup ecosystem. We also feel that the work the team is doing to provide our subscribers with a more, better and […]
Cryptocurrency company Coinbase is announcing a handful of new features. While the company is better known for its exchange that lets you convert USD into various cryptocurrencies, Coinbase wants to expand its consumer services so that you use the platform for different use cases with more financial services. First, the company will soon launch direct […]
NBC Universal has warned YouTube TV subscribers that 14 of its channels may be removed, and YouTube says it will drop its monthly price by $10 if the situation isn't resolved and channels go away.
We’re in countdown mode, folks. With just one month to go before TC Sessions: SaaS 2021, the early-bird pass is living on borrowed time — five days to be precise. Take advantage of full event access at a discount price. Buy your pass before the sale expires on October 1 at 11:59 pm (PT) and […]