Tag: Startup

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,…

The moment Amazon feared when FTC Chair Lina Khan was appointed may soon arrive: Bloomberg reports that the agency is putting the final touches on its most substantial antitrust case against the tech giant, and could file suit in the next few weeks. According to documents viewed by Bloomberg and sources familiar, the upcoming suit…

© Reuters. FILE PHOTO: Car chargers at a Tesla Supercharging station are shown in Carlsbad, California, U.S. Sept. 14, 2018. REUTERS/Mike Blake/File Photo   F +0.17% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1…

Share to FacebookShare to TwitterShare to Linkedin A small Nebraska company is helping law enforcement around the world spy on users of Google, Facebook and other tech giants. A secretly recorded presentation to police reveals how deeply embedded in the U.S. surveillance machine PenLink has become. PenLink works closely with U.S. government agencies in tapping…