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Daimler and BMW invest $1.1 billion in urban mobility services

Daimler AG and BMW Group officially agreed to merge their urban mobility services into a single holding company back in March 2018 with a 50 percent stake each. And now, they want to unify their servi

Can we ever evaluate technical debt?

Every couple of months, I talk to an entrepreneur who is interested in building a marketplace for buying and selling app businesses (i.e. the actual IP and ownership of an app or other piece of softwa

Roku on track for $1 billion in revenue in 2019

Roku plans to be a billion-dollar company in 2019, the company said on Thursday as part of its announcement of strong earnings. The company beat analyst estimates and reported strong growth in active

TechStyle hits 5 million members for its retail empire

TechStyle Fashion Group, the company behind Kate Hudson’s Fabletics; the children’s brand FabKids; Rihanna’s lingerie brand, Savage X Fenty; and the shoe retailer Shoedazzle, has ama

Inside Tesla’s solar energy astroturfing

Tesla has been masking its lobbying efforts on solar panels and battery storage through the Energy Freedom Coalition of America, a trade association that is little more than a front for the automaker

Venmo launches a ‘limited edition’ rainbow debit card for its payment app users

Hoping to entice more users to attach the Venmo Mastercard to their account, Venmo this morning announced it’s launching a “special edition” rainbow-colored version of its debit card

Showfields raises $9M for a more flexible approach to brick-and-mortar retail

Showfields, which helps online brands move into offline, brick-and-mortar retail, is announcing that it has raised $9 million in seed funding. “Our thesis was simple: Make the process of becomin

Circle raises $20M Series B to help even more parents limit screen time

Circle makes a fantastic screen time management tool and today the company announced a round of funding to help fuel its growth. The $20 million Series B included participation from Netgear and T-Mobi

Pinterest and Lyft move closer to IPO, and LPs question the Vision Fund’s investment strategy

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. What a week. It had looked a bit quiet with just a few big rounds t

Japanese internet giant Recruit has a new $25M blockchain fund

Crypto market prices may be down significantly, but new investors continue to enter the blockchain space. The latest is Recruit Holdings, the $45 billion Japanese internet giant that owns Glassdoor am

Apple is offering interest-free financing to boost iPhone sales in China

Apple is looking to get over its sales woes in China by offering prospective customers interest-free financing with a little help from Alibaba. Apple’s China website now offers financing package

Rakuten’s Viber chat app plans to charge to operate chatbots in controversial move

Viber, the messaging app owned by Japanese e-commerce firm Rakuten, is poised to implement a controversial new strategy that will see it charge companies that run chatbots on its platform. The convent

China wants its rural villages to go cashless by 2020

Residents of even the tiniest far-flung villages in China may soon be able to pay on their phones to run daily errands as Beijing announced this month that it aims to make mobile payments ubiquitous i

Vynn Capital snags investment from Malaysia’s MAVCAP for its maiden Southeast Asia fund

Vynn Capital, a new entrant to Southeast Asia’s startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAVCAP)

Uber is reportedly close to making a tactical exit from India’s food delivery industry

Uber has said adamantly that it won’t exit India (or any more markets) following a hat-trick of retreats from China, Russia and Southeast Asia, but does that include its food delivery business?

Japan’s Hayabusa 2 has landed on an asteroid, shot it with a special bullet and returned to space

The Japanese spacecraft Hayabusa 2 has just completed the next phase of its multi-part, multi-year mission by shooting a bullet into the asteroid it had been circling and returning to space. Hopefully

Baidu’s video site iQiyi adds 37M subscribers in 2018 amid mounting losses

China’s Baidu, which is often compared to Alphabet’s Google, is showing no signs of slowing down its pace of betting on video content as its core advertising unit feels the squeeze from ri

Facebook will shut down its spyware VPN app Onavo

Facebook will end its unpaid market research programs and proactively take its Onavo VPN app off the Google Play store in the wake of backlash following TechCrunch’s investigation about Onavo co

Watch SpaceX launch the first private moon landing mission (Update: Success!)

Calling all lunatics — the first fully private moon landing mission is about to take off from Cape Canaveral. A SpaceX Falcon 9 rocket carrying SpaceIL's Beresheet lander is set to take off an hour

Podcasting startup WaitWhat raises $4.3M as interest in audio content explodes

The production business behind Reid Hoffman's 'Masters of Scale' podcast raised the funds from Hoffman himself, plus Cue Ball Capital, Burda Principal Investments and more.
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