It’s officially now o’clock startup fans. All good things come to an end, and today’s the last day you can score an early bird pass to Disrupt 2020. Don’t miss your chance to save up to $300 and get busy building your business at our global Disrupt event. Buy your …...Read More
Last day for early bird savings to Disrupt 2020
The iron rule of founder compensation is dead
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. We had the full team this week: Myself, Danny, and Natasha on the mics, with Chris running skipper as always. Sadly this week we had to kick off with …...Read More
Amazon gains FCC approval for Kuiper internet satellite constellation and commits $10 billion to the project
Amazon has received approval from the U.S. Federal Communications Commission (FCC) to launch and operate a planned constellation of 3,236 internet satellites. That’s the backbone of Amazon’s Project Kuiper, an initiative to create a satellite-based broadband internet service designed to provide high-speed, low latency connections to U.S.-based households that currently …...Read More
Twitter finally bans former KKK leader, David Duke
Twitter has confirmed it has permanently banned the account of David Duke, former leader of white supremacist hate group the Ku Klux Klan. Duke had operated freely on its platform for years — amassing a following of around 53k and recently tweeting his support for president Trump to be re-elected. …...Read More
Twitter says ‘phone spear phishing attack’ used to gain network access in crypto scam breach
Twitter has revealed a little more detail about the security breach it suffered earlier this month when a number of high profile accounts were hacked to spread a cryptocurrency scam — writing in a blog post that a “phone spear phishing attack” was used to target a small number of …...Read More
Ford Bronco reservations surpass 150,000
The reception to Bronco 2021 — Ford’s flagship series of 4×4 vehicles that were revealed earlier this month — surpassed expectations of the company’s most optimistic initial projections, CEO Jim Hackett said in an earnings call Thursday. More than 150,000 customers have plunked down $100 to reserve a spot to …...Read More
Self-driving startup Argo AI hits $7.5 billion valuation
Autonomous vehicle technology startup Argo AI is valued at $7.5 billion, just a little more than three years after the company burst on the scene with a $1 billion investment from Ford. The official valuation was confirmed Thursday nearly two months after VW Group finalized its $2.6 billion investment in …...Read More
Rakuten is shuttering the online shop formerly known as Buy.com
Japanese conglomerate Rakuten has pulled the plug on its U.S. online retail store, originally known as Buy.com, and will wind down its operations over the next two months, the company confirmed to TechCrunch. The shutdown means that the US headquarters will lay off its staff as well, meaning 87 people …...Read More
What does accountability look like in 2020?
“What happens after a company gets called out?” he asked over the phone. “Do you know what happens to the people in-house that come forward?” I didn’t. A Black male engineer at a fashion tech company who wished to remain anonymous was telling me how he’d been passed over for …...Read More
Triller sues TikTok over patent infringement
Social video platform Triller has filed a patent infringement lawsuit against its biggest rival TikTok and parent company ByteDance. The suit, which was filed in the U.S District Court for the Western Division of Texas, claims TikTok is infringing on Triller’s U.S Patent No. 9,691,429. The patent covers “systems and …...Read More
