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China’s WeRide secures more funding, pushing valuation to $3.3 billion

Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to

Elon Musk, Technoking of Tesla, orders a halt to bitcoin car payments 

Tesla CEO and self-dubbed Technoking is back-peddling on the company’s stance about bitcoin and has suspended purchases of its electric vehicles with the cryptocurrency. The change of stance, wh

Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India COVID Relief Fund

Vitalik Buterin, the creator of Ethereum, on Wednesday donated Ethereum and “meme coins” worth $1.5 billion in one of the largest-ever individual philanthropy efforts. Buterin transferred 500 ETH

Daily Crunch: The early-stage tech talent crunch is real

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Bessemer’s Kent Bennett and Toast’s Aman Narang to discuss how to become a unicorn on ECL

Toast has a reported valuation over $5 billion and has raised more than $900 million since launch. The restaurant POS service has clearly been on a rapid growth trajectory, but how has the company nav

Gillmor Gang: When Doves Cry

Usually we wait a few days until a show has settled. While we stall, our producer and director Tina Chase Gillmor scours the recording for short clips that give a sense of the flavor and tenor of the

AWS releases tool to open source that turns on-prem software into SaaS

AWS announced today that it’s releasing a tool called AWS SaaS Boost as open source distributed under the Apache 2.0 license. The tool, which was first announced at the AWS re:Invent conference

GasBuddy tops the App Store for the first time due to Colonial Pipeline attack

The GasBuddy mobile app, which typically helps consumers find the cheapest gas nearby, has now become the No. 1 app on the U.S. App Store for the first time ever, due to the fuel shortages in the U.S.

Waymo to lose its CFO and head of automotive partnerships

Waymo’s chief financial officer Ger Dwyer and its head of automotive partnerships and corporate development Adam Frost — two longtime executives at the autonomous vehicle company — are leavi

TikTok removes 500k+ accounts in Italy after DPA order to block underage users

Video sharing social network TikTok has removed more than 500,000 accounts in Italy following an intervention by the country’s data protection watchdog earlier this year ordering it to recheck t

36 hours left to apply to Startup Battlefield at TC Disrupt 2021

Do you and your early-stage startup have what it takes to be a modern-day gladiator and compete in Startup Battlefield at TechCrunch Disrupt 2021? You won’t know unless you apply, and time is runnin

Dear Sophie: Does it make sense to sponsor immigrant talent to work remotely?

My startup is considering individuals who live outside the U.S. for a few positions we are looking to fill. Does it make sense to sponsor them for a visa to work remotely from somewhere in the U.S.?

Direct-to-consumer orthodontic startup Impress raises $50M to scale across Europe

As the famous phrase goes, “software is eating the world” — and now software is eating dentistry. Or, perhaps more accurately, the arena of orthodontics — the specialty of dentistr

Bird’s SPAC filing shows scooter-nomics just don’t fly

What drove the company's hugely unprofitable revenues and resulting net losses? Unit economics that were nearly comically destructive.

TikTok launches a Green Screen Duet feature, tests dedicated ‘Topics’ feeds

As competition with tech giants heats up, TikTok is rolling out a series of new features to help keep its short-form video app ahead of rivals. The company today announced the launch of a new Green Sc

Planck, the insurance data analytics platform, raises $20M growth round

Planck, the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth round. The funding came from 3L Capital and Greenfield Partners, along with

Don’t hate on low-code and no-code

You can't dismiss no- and low-code services as a fountain of technical debt and lukewarm dev projects. If you do, the market is kinda saying that you're just elitist and obstinate.

India offers $2.46B incentive to boost domestic production of batteries

India’s cabinet on Wednesday approved Department of Heavy Industry’s proposal to provide incentives to boost domestic production of batteries with advanced energy storage, the latest in a

Ahead of Dell’s spin out, VMware appoints longtime exec Raghu Raghuram as its new CEO

Five months after it was announced that Pal Gelsinger would be stepping down as CEO of VMware to take the top job at Intel, the virtualization giant has finally appointed a permanent successor. Raghu

Cisco to acquire Indy startup Socio to bring hybrid events to Webex

Cisco announced this morning that it intends to acquire Indianapolis-based startup Socio, which helps plan hybrid in-person and virtual events. The two companies did not share the purchase price. Soci
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