Drama

  • Home Services Startup Porch Sheds 90 Employees, Key Executives Bolt

    Home Services Startup Porch Sheds 90 Employees, Key Executives Bolt

    Porch, one of the many companies positioning themselves to be the go-to place for “home services,” has laid off 90 members of its staff according to Geekwire. We’ve reached out to Porch for a statement (See the update below). The company has raised $98.85M to date in 3 rounds. Their competitors include Amazon, Angie’s List, Pro.com and HomeAdvisor, just to name a… Read More

  • Sacca To Shark Tank: “I Will Not And Cannot Do It If I Have To Wear A Suit”

    Sacca To Shark Tank: “I Will Not And Cannot Do It If I Have To Wear A Suit”

    If you’re not familiar with Shark Tank, it’s ABC’s show that drops companies in front of investors from all walks of life, including the very loud Mark Cuban, owner of the Dallas Mavericks. It’s oddly become a family favorite for a lot of people I know, mostly because they get to shout at the TV and make predictions on whether someone will invest or not, or talk about… Read More

  • Walgreens Halts Theranos Testing Center Expansion

    Walgreens Halts Theranos Testing Center Expansion

    Walgreens won’t be going forward with any plans to open up more Theranos Wellness Centers until it can “understand the truth,” behind recent questioning of the blood work startup’s technology, according to the Wall Street Journal. Walgreens and Theranos announced a partnership in September 2013, allowing Theranos to offer its lab testing services at Walgreens… Read More

  • Theranos Takes Yet Another Swipe At WSJ Allegations In A Lengthy Statement

    Theranos Takes Yet Another Swipe At WSJ Allegations In A Lengthy Statement

    Theranos continued playing defense this morning with a much more in-depth post on what the company claims the news organization got wrong in two damning articles published last week. One WSJ article alleged Theranos was outsourcing most of its technology to test blood samples on its 240 blood tests and that the company was in fact only using its proprietary ‘Edison’ machine for… Read More

  • Theranos Founder Elizabeth Holmes Attempts To Clear Up The Bad Blood With WSJ

    Theranos Founder Elizabeth Holmes Attempts To Clear Up The Bad Blood With WSJ

    The energy in the room was palpable as audience members waited to see if Theranos founder Elizabeth Holmes would really show up this morning for her onstage interview at the Wall Street Journal Live conference. But show up, she did. Holmes took the hot seat in the midst of a very public brawl with the Journal, which published a couple of articles alleging Theranos wasn’t using its own… Read More

  • Theranos Continues Damage Control Messaging

    Theranos Continues Damage Control Messaging

    Silicon Valley blood-test technology startup Theranos has once again responded to allegations made by the Wall Street Journal over questionable test results. Unfortunately, little of that response has to do with the allegations. Theranos founder Elizabeth Holmes has been on a selective media tour to do damage control over a WSJ report alleging the company wasn’t using its own tech for… Read More

  • Theranos Refutes Claims Its Blood-Test Tech Is Unreliable

    Theranos Refutes Claims Its Blood-Test Tech Is Unreliable

    Theranos has refuted claims made in a scathing Wall Street Journal report that the company was struggling with results of its blood-test technology; that some results of tests were way off; and that Theranos was only using its tech for 15 tests and instead outsourcing most of the 240 total it offers to other machines from outside manufacturers. Read More

  • Bazillion Dollar Club Is Looking For New Home After SyFy Cancellation

    Bazillion Dollar Club Is Looking For New Home After SyFy Cancellation

    There is hope for those saddened to hear Dave McClure’s new reality show Bazillion Dollar Club was yanked just one week after airing its first episode on SyFy. We hear Zero Point Zero, the production company behind the show, is looking for a new home. SyFy made the decision to pull the new Silicon Valley reality show last week after airing the pilot episode. “It just didn’t… Read More

  • Twitter Stock Up 4% On Report That Jack Dorsey Will Become Permanent CEO

    Twitter Stock Up 4% On Report That Jack Dorsey Will Become Permanent CEO

    Today, Re/code reported that Jack Dorsey would be installed as permanent CEO after many months of speculation. Investors and those close to the company have been calling for Dorsey to take the post, but the board has been going through a process. One that may end as early as tomorrow, Recode’s sources told them. This means that Dorsey will simultaneously run Twitter and Square. The board… Read More

  • Lyft Moves Customer Support Team To Nashville To Combat High-Priced SF Market

    Lyft Moves Customer Support Team To Nashville To Combat High-Priced SF Market

    Peer-to-peer ride-sharing startup Lyft informed 20 members of its San Francisco-based customer support team this week it will be relocating them to Nashville, Tennessee. Lyft is building out its new customer service headquarters in Nashville, where overhead such as rent and salaries are cheaper. It will also help Lyft’s east coast support. The ride-sharing startup is asking customer… Read More

  • Write As Many Words As You Need To

    Write As Many Words As You Need To

    Heya, this is the web, welcome. There is a lot of room here for activities. So much room, in fact, that you could write as many words as you want and it would literally never fill up all of the space inside.* You could write a 50,000 word review of an operating system. You could write a zero-word commentary piece on an acquisition or a currency. And you could even write something about… Read More

  • A Few Thoughts On Tech Stocks

    A Few Thoughts On Tech Stocks

    Shares in technology companies have recently come under intense pressure, similar to other equities, markets, commodities and more. How far tech shops have declined, however, is worth digging into. After all, if the value of public tech companies has declined sharply, it could impact the value of private startups like Uber or Dropbox. Read More

  • CrunchWeek: Amazon’s Soul, Ashley Madison, And Uber’s IPO

    Welcome back friends, we are here to cap off the week, taking a look at the biggest stories in the process. This time ’round, our coterie was helmed by none other than TechCrunch’s own Sarah Lane. Megan Rose Dickey and myself rounded out the quorum. On the docket today is Amazon’s controversial corporate culture, the massive Ashley Madison hacks, and news that Uber will… Read More

  • Tinder Cofounder Sean Rad Back In As CEO

    Tinder Cofounder Sean Rad Back In As CEO

    Last night it was revealed that Sean Rad, cofounder and President of Tinder, would return to the CEO position he once held and, in March, handed over to Ebay exec Chris Payne. In a press release, one of Tinder’s board directors and Benchmark partner Matt Cohler explained that “there was a mutual agreement here that it was not the right long-term fit,” speaking about… Read More

  • “How Not To PR” By Tinder

    “How Not To PR” By Tinder

    Have you heard about the Tinder Meltdown (TM)? Some even called it a “stunt.” In case you haven’t, here’s the quick and dirty: a piece appeared on Vanity Fair that Tinder didn’t like. And it reacted. On Twitter. A lot. Read More

  • A Sneak Peek At ABC Family’s New Silicon Valley Reality Show Starring Tim Draper

    The latest Silicon Valley reality series Startup U begins tomorrow night on ABC Family and we got a sneak peek at what the show is about. Startup U features 10 student entrepreneurs as they compete in a seven-week program at Draper University. Each of the show’s subjects must go through the fundamentals of launching a startup the Draper U way – including wilderness survival… Read More

  • CrunchWeek: Earnings Beatdown, Twitter’s Palace Intrigue And VR Goes Full Weird

    Hello friends and welcome back to another episode of CrunchWeek, TechCrunch’s recurring roundup of the biggest tech stories of the week. This week our humble band delved into recent earnings by Etsy and Fitbit, Twitter’s share price declines, hints about the social company’s next CEO, and, of course, that VR thing you might have heard of. Read More

  • How To Speak Startup, Part Deux

    How To Speak Startup, Part Deux

    Given the massive influx of capital that we are currently enduring in Silicon Valley, TechCrunch has decided to take another crack at the lexicon of the moment to help everyone understand just what people mean when they say things that make you want to snag them by the hair and give them a noogie. Following our previous entry, this list is an expansion — we are here to help, after all. Read More