Author: TechCrunch News

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week.…

Brendan Wallace’s ambition is beginning to seem almost limitless. The L.A.-based venture firm that Wallace and cofounder Brad Greiwe launched less than seven years ago already has $3.2 billion in assets under management. But that firm, Fifth Wall, which argues there are massive financial returns at the intersection of real estate and tech, isn’t worried…

Toyota’s president, Akio Toyoda, surprised the automotive world this week by announcing he would resign his position and hand the reins over to Koji Sato, who currently helms the company’s Lexus and Gazoo Racing divisions. But Toyoda isn’t going far. The 66-year-old isn’t retiring outright, but instead retiring to the boardroom, where he’ll take over…

W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. The adoption of product-led growth is changing how B2B companies conduct their business and leading some of them to reorganize their teams. What…

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Did you know you can buy 3D printed key caps to replace, say, your escape key with a cat? Today, that’s our delightful little morsel of whimsy, courtesy of Frederic’s review of…

Chroma, a startup working to build a new type of audiovisual entertainment specifically for mobile devices, is now adding a Twitter co-founder to its board. The company announced today that Twitter and Medium co-founder Biz Stone, previously an angel investor in Chroma alongside Pinterest’s founders, will join the company’s board of directors to contribute his…

Baillie Gifford, the Edinburgh-based asset management firm long known to have a penchant for pre-IPO tech companies, has reduced its shares in African e-commerce giant Jumia, per the latest 13G/A filing released by the asset manager. According to the filing, Baillie Gifford disclosed ownership of 18.75 million shares in Jumia, representing 9.39% of the company. In…

Two years after the company formerly known as Facebook suspended then-president Donald Trump’s account, it’s bringing him back. Meta announced its decision to restore former president Trump’s Facebook and Instagram accounts on Wednesday, adding that it would do so in “the coming weeks.” The company was expected to weigh in sometime this month on Trump’s…

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello, Crunchers! We’re pretty excited about Matt’s TechCrunch Live, where he talks to Cambly about how the company found profits after failing to raise a Series A. Mark your calendar for February…

Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility operators and a computer vision startup, giving it access to e-bikes — a reach that extended beyond Europe and into the U.S. —…