The Latest
Chinese cybersecurity probe validates Didi’s pre-IPO warning to investors
To see Didi get taken to task mere days after its U.S. debut puts a bad taste in our mouths.
California has no water and lots of liquidity
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Danny, Natasha, and Alex were on-deck this week, with Grace on th
GM is investing in a California lithium extraction project
General Motors is investing in domestically sourced lithium. The company said Friday it became the first investor in an Australian company’s project to extract the mineral, a critical component of e
India’s Licious raises $192 million for international expansion
Licious, a Bangalore-based startup that sells fresh meat and seafood online, has raised $192 million in a new financing round as it looks to expand its footprint beyond the South Asian market. The new
Swedish gaming firm MTG acquires India’s PlaySimple for $360 million
Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million, the two firms said Friday. MTG said it will pay 77% of the acquisition sum to Indian gam
TeamApt will use its new funding round to provide digital bank services for the unbanked
A great deal has changed since we last covered Nigerian fintech startup TeamApt two years ago. At the time, the company had just closed a $5.5 million Series A round from a single VC — Quantum Capit
Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney
Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model
Branson aims to beat Bezos to orbit in final stretch of billionaire space race
Two billionaires are neck and neck in the final sprint to the Kármán line, but Richard Branson may clinch it with a July 11 flight on a Virgin Galactic spacecraft, narrowly beating out Jeff Bezos
Twitter tests more attention-grabbing misinformation labels
Twitter is considering changes to the way it contextualizes misleading tweets that the company doesn’t believe are dangerous enough to be removed from the platform outright. The company announce
Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world
Edtech startup Microverse has tapped new venture funding in its quest to help train students across the globe to code through its online school that requires zero upfront cost, instead relying on an i
Daily Crunch: After quarters of explosive growth, a profitable Robinhood files to go public
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
The 2021 edtech avalanche has just begun
We are seeing a wave of private companies sweeping across parts of education and training that were previously overseen or funded centrally by governments. This is happening all across the world.
How Robinhood’s explosive growth rate came to be
Where does all that revenue come from?
Twitter considers new features for tweeting only to friends, under different personas and more
Twitter has a history of sharing feature and design ideas it’s considering at very early stages of development. Earlier this month, for example, it showed off concepts around a potential “
Robinhood is going public and we’re very excited
It’s a sweltering day here in New York City, and that means Wall Street is on fire, and so is Robinhood, apparently. The popular stock trading app officially filed its Form S-1 with the SEC a fe
To guard against data loss and misuse, the cybersecurity conversation must evolve
People — not applications, networks or endpoints — have become the primary security perimeter in today’s cloud-first, choose-the-handiest-device, collaboration-obsessed world.
India’s central bank says growing presence of Big Tech in financial services a concern
India’s central bank has identified Big Tech’s push into financial services as a challenge for banks in the South Asian market, saying the growing presence of these firms have prompted concern
As EU venture capital soars, will the region hold onto future IPOs?
We spoke to EY’s Franck Sebag, Osborne Clarke Spain partner David Miranda and Dealroom’s Yoram Wijngaarde to better understand the current IPO market as it relates to European public offerings.
Paris court fines Airbnb $9.6 million for illegal listings
A court in Paris has fined Airbnb, the popular marketplace for vacation rentals. According to the court, the tech company has failed to comply with local regulation when it comes to listing your apart
Robinhood files to go public after squeaking to profitability in 2020
This afternoon Robinhood, the popular investing app for consumers filed to go public. The company intends to list on the NASDAQ under the symbol “HOOD.” That Robinhood released an S-1 fili