Tag: Startup

General Motors rolls its latest EV model off the assembly line to challenge Tesla’s industry superiority…

The e-commerce giant has more riding on this retail holiday than in previous years…

It’s that time of week again, folks. Welcome to Week in Review (WiR), TechCrunch’s regular digest of the past week in tech. New here? Not to worry — sign up here to get WiR in your inbox every Saturday, then read on for the week’s recap. This week, we’re covering Netflix quietly axing its basic…

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. This week, I’ve been doing a lot of thinking about how some of the biggest companies in the world have as much — if not more — power than entire countries. Most countries, at least, have some level of democratic…

We’re just a few weeks away from Prime Day 2023, as Amazon has officially set the 48-hour sale for July 11 and 12. As we’ve seen in years past, the massive online retailer doesn’t restrict deals from only posting on the actual shopping event. Apple’s entry-level iPad has already hit the lowest price yet, Echo…

Travis VanderZanden’s slow-motion departure from Bird is now complete. The scooter rental company announced in a late-Friday news dump that the executive has stepped down from his role as chairperson of Bird’s board, “effective immediately.” Replacing VanderZanden is John Bitove, who played a role in saving Bird’s bacon this past December via its merger with…

Apple is the first publicly traded company to close a trading day with a $3 trillion market value. The company’s shares climbed about 2.31% on Friday to a new high. The tech giant first reached a $3 trillion market cap back in January 2022, but failed to close at that level. Apple’s stock has skyrocketed…

Fund of funds (FoF) were created to serve as a bridge for LPs to get access to managers they couldn’t back otherwise. But in an environment where funds are not seeing consistent support from their existing LPs, and there are more venture funds than ever, is their role still relevant? Fund of funds fundraising —…

Everyone knows that raising venture capital has been harder for startups lately — unless you are building an AI startup, of course. But instead of only talking to founders, we’re flipping the script today. We wanted to hear from investors how their portcos are handling a cash-light environment. To that end, TechCrunch+ recently asked 11…

Seoul-based e-commerce company Levit, an operator of the shopping app Alwayz, wants to make the shopping experience more entertaining and affordable. The two-year-old startup has recently raised $46 million in a Series B round of funding led by DST Global Partners with participation from new investor BOND and existing backers KB Investment, Mirae Asset Capital,…