Equity Shot: Lyft files to go public and we’re stoked

Hello and welcome back to Equity. Guess what we're talking about today! It's Lyft. You guessed correctly.

Facebook sues four Chinese companies over trademark infringement

Facebook is taking legal action against a cluster of Chinese websites that sell fake accounts, likes and followers both on Facebook itself and on Instagram. The company announced the legal action in a

NEA is raising its biggest fund ever – – again

New Enterprise Associates, the 41-year-old venture firm with offices in Menlo Park; San Francisco; Boston; New York; Chevy Chase, Md.; and Washington, D.C., is raising its biggest fund ever, shows a n

Ava Duvernay releases the first trailer for her Netflix series about the Central Park Five

Celebrated director Ava DuVernay has released a harrowing first teaser trailer for her highly anticipated Netflix series about the Central Park rape case from the 1980s. The true story of the five Afr

Koala-sensing drone helps keep tabs on drop bear numbers

It's obviously important to Australians to make sure their koala population is closely tracked — but how can you do so when the suckers live in forests and climb trees all the time? With drones and

WeWork confirms it has laid off 300 employees

The well-funded co-working giant says the cuts were routine. The company plans to add an additional 6,000 employees in 2019.

Alpha, the geek-friendly streaming service from Nerdist and Geek & Sundry, is shutting down

Another overly niche streaming service is closing up shop. On Friday, Alpha – a geek-friendly streaming service that focused on TV, pop-culture, sci-fi, comics, video games and more – anno

Rackspace announces it has laid off 200 workers

Rackspace, the hosted private cloud vendor, let go around 200 workers or 3 percent of its worldwide workforce of 6,600 employees this week. The company says that it’s part of a recalibration whe

How I podcast: Effectively Wild’s Ben Lindbergh

Last month, Spotify announced that it had paid $340 million for Gimlet and Anchor in a push to make its mark on podcasting. But while it’s encouraging to see media giants throw weight and money behi

Canadian government allows Huawei CFO’s US extradition case to proceed

Late last year, Huawei CFO Meng Wanzhou was arrested in Vancouver, Canada over alleged violations of U.S. trade sanctions with Iran. This week, the Canadian government announced it will allow for the

WSJ: Amazon to open new US grocery chain separate from Whole Foods

A report from The Wall St. Journal today claims Amazon is preparing to open a new chain of grocery stores across the U.S. that won’t be associated with Whole Foods. The retailer is expected to o

Verified Expert Lawyer: Sam Angus

Sam Angus has been a lawyer in Silicon Valley since the 1990s. Today, he represents some of the biggest names in the startup world, from their earliest days through acquisitions and IPOs, and includin

SpaceX’s Crew Dragon makes its first orbital launch tonight

After years of development and delays, SpaceX's Crew Dragon is ready to launch into orbit. It's the first commercially built and operated crewed spacecraft ever to do so, and represents in many ways t

Lyft lays out financial risks associated with reclassifying drivers

In Lyft’s S-1 this morning, the company laid out the potential consequences for converting its drivers from independent contractors to W-2 employees. This, of course, has been an ongoing convers

Tristan O’Tierney, who helped develop Square’s original payment app, has passed away

Tristan O’Tierney, a co-founder of the payments company Square, has passed away at age 35. According to the San Francisco Chronicle, O’Tierney died last weekend in Florida of addiction-related

Daily Crunch: Tesla is closing retail stores

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe her

Lyft will give eligible drivers a one-time cash bonus up to $10K

Hardworking drivers, rejoice! As part of Lyft’s initial public offering, the transportation company is deciding to reward the drivers who form the backbone of the company’s core service. T

‘Momo’ videos on YouTube cannot be monetized… but that’s not a new policy

Be warned, YouTube creators: Making videos about the latest viral hoax, the “Momo challenge,” will not make you money. Over the past couple of days, the Momo challenge has gone viral once

Lyft unveils its S-1 and nearly $1B in 2018 losses

According to the filing, Lyft recorded $2.2 billion in 2018 revenue on a net loss of $911 million.

The best of MWC 2019

After years of promises, 5G finally arrived at MWC 2019 — kind of, sort of. Barcelona served as the launching pad for several 5G handsets, set to arrive later this year. Though your actual 5G mileag
Load More