Family offices have existed since the 1800s, but they’ve never been so manifold as in recent years. According to a 2019 Global Family Office Report by UBS and Campden Wealth, 68% of the 360 family offices surveyed were founded in 2000 or later. Their rise owes to numerous factors, including the tech startups that mint…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for Monday, June 28. How much time did you spend on your phone this weekend? Too much? Not a lot? According to recent data on consumer…
THE CHANGING FORTUNES OF THE WORLD’S RICHEST T he stock market recovered from a brief mid-June dip to rise to new record highs this week as the White House reached a deal with a bipartisan group of senators on an infrastructure bill. Tesla’s Elon Musk was the rally’s biggest beneficiary. Musk, the world’s third richest…
MADISON, Wis., June 26, 2021 /PRNewswire/ — VNM USA echoes the next ventures that Brent Johnson, CEO of ONE Entertainment and Floyd Mayweather’s International Marketing Manager, has planned for the remainder of 2021 including a live virtual event platform, anti-pirating technology for virtual events, entrance of Floyd’s TMT into NASCAR, and much more. “I have…
RADNOR, Pa, June 26, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of PureCycle Technologies, Inc. (PCT) (“PureCycle”) f/k/a Roth CH Acquisition I Co. (“Roth Acquisition”) (ROCH) that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired PureCycle securities between…
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices…
Rumor has it, if you whisper mafia to a venture capitalist or tech reporter, a seed investment and headline appears within minutes. That process quickly turns into seconds if the mafia reference includes the letters S, T, R, I, P and E before it. Tech mafias, otherwise known as a group of early employees within…
© Reuters. FILE PHOTO: A China-made Tesla Model 3 electric vehicle is seen ahead of the Guangzhou auto show in Guangzhou, Guangdong province, China, November 21, 2019. REUTERS/Yilei Sun BEIJING (Reuters) -Chinese regulators said on Saturday Tesla (NASDAQ:TSLA) Inc would ‘recall’ nearly 300,000 China-made and imported Model 3 and Model Y cars for an online…
The U.K. is gaining in popularity as a great place to start a tech firm. The country is quickly catching up to China on the tech investment front, with VC investments reaching a record of $15 billion in 2020, according to TechNation. A global health crisis notwithstanding, London remained a favorite for investors. U.K. cities…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for June 25, 2021. We have a great block of startup news and Amazon coverage for you today. But before we get into all of that,…