Watch & interact with these 5 startups competing in tomorrow’s Pitchers & Pitches session

How’s your 60-second pitch working for ya? Could it stand a refresh? Get ready to learn new and better ways to make your pitch more effective at opening doors to opportunity. Step one: register here — it won’t cost you a dime. Step two: tune in and join us tomorrow, …...Read More

The Herman Miller x Logitech gaming chair will set you back $1,500

I’ve learned a lot during this pandemic. About myself, about the world. But perhaps most important of all, I’ve learned the value of a good chair. In normal years I’m rarely home, between work and travel, and as such it’s not something I gave much thought to. So naturally, I …...Read More

Daily Crunch: Slack files antitrust complaint against Microsoft

An antitrust battle is brewing between Microsoft and Slack, Apple continues to defend its App Store policies and Dexterity raises funding for warehouse robots. Here’s your Daily Crunch for July 22, 2020. PS: I’m going to be on vacation until Wednesday of next week. Until then, I leave you in …...Read More

$75M in federal grants will fund a new trio of quantum institutes

Quantum science is just getting started, and although we’ve already hit some important milestones in both theory and practice, basic research is still needed in just about every nook and cranny of the field. To that end the National Science Foundation has dedicated $75 million to the establishment of three …...Read More

Tesla picks Austin for its next US factory to build Cybertruck, Semi truck, Model Y

Tesla has picked a site near Austin for its next U.S. factory, a four to five-million-square foot $1.1 billion plant that will assemble the automaker’s futuristic Cybertruck, the Tesla Semi and the Model Y and Model 3 for sales to customers on the East Coast. The decision announced Wednesday during …...Read More

Tesla stretches profit streak to four quarters, gains 6% in after-hours trading

Tesla extended its profitability streak to four quarters today, its longest period of profitability to date according to Q2 earnings it disclosed after the market closed. Tesla hit that profitability mark despite nearly flat quarter-over-quarter revenues — and a 5% drop compared to the same period last year — thanks …...Read More

Don’t let VCs be the gatekeepers of your success

I have struggled for years about whether or not to write a piece like this. Speaking out about racism goes against every lesson I have learned since I was the only Black kid in my first-grade class in the Boston suburbs: Save candid conversations about race for Black people. You’re …...Read More

eBay reportedly getting close to selling its classified-ads unit to Adevinta

eBay is reportedly getting close to a deal to sell its classified-ads business to Adevinta, a Norwegian company that runs online marketplaces across Europe and Latin America. According to a Wall Street Journal report, if the negotiations are successful, a cash and stock deal could be announced as soon as …...Read More

Chinese electric vehicle startup Xpeng closes a $500 million Series C+ round

Xpeng Motors, the Chinese electric vehicle startup, has raised about $500 million in Series C+ funding from investors including Aspex, Coatue, Hillhouse Capital and Sequoia Capital China. Based in Guangzhou, Xpeng’s other backers include a roster of top Chinese tech companies and investors, including Alibaba Group, Xiaomi, IDG Capital, Morningside …...Read More

China’s EV startup Xpeng pulls in $500 million Series C+

Xpeng, an electric vehicle startup run by a former Alibaba executive, said Monday it has raised around $500 million in a Series C+ round to further develop models tailored to China’s tech-savvy middle-class consumers. The announcement followed its Series C round of $400 million closed last November. A source told …...Read More