Don't miss StrictlyVC in DC next week

The StrictlyVC roadtrip continues! Coming off of sold-out events in London, Los Angeles, and San Francisco, we’re heading to Washington, D.C. for a cozy-vc-packed, evening at the Woolly Mammoth Theatre on Tuesday, June 11 in partnership with Revolution. StrictlyVC events are known for delivering exclusive insights and fostering meaningful connections …...Read More

X tweaks rules to formally allow adult content

The internet has been home to all kinds of content for a long time, so it was no surprise to anyone when people started tweeting porn at each other. X (formerly Twitter) has long had many active NSFW communities, and though the social network unofficially allowed people to post adult …...Read More

Ashby injects recruiting with a dose of AI

Benjamin Encz’s path to entrepreneurship was long and unusual. Having previously worked as an R&D engineer at FX companies Industrial Light & Magic and DreamWorks on films like “Transformers” and “How to Train Your Dragon,” Encz left the film industry in 2012 to join VC firm Social Capital as an …...Read More

Spotify to increase premium pricing in the US to $11.99 per month

Spotify has announced that it’s hiking subscriptions for customers in the U.S., the second such price increase in the space of a year. The music-streaming giant reports that premium pricing will increase in July from $10.99 to $11.99, representing a near-10% rise. The Duo and Family plans will go up …...Read More

UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub

Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding into the broader European market via a new base in Ireland. The news comes shortly after the U.K.-based neobank raised a couple of hefty tranches …...Read More

Inside Apple’s efforts to build a better recycling robot

TechCrunch traveled to Austin to get a closer look at Daisy and its predecessors Last week, TechCrunch paid a visit to Apple’s Austin, Texas manufacturing facilities. Since 2013, the company has built its Mac Pro desktop about 20 minutes north of downtown. The 400,000 square foot facility sits in a …...Read More

Temasek and Fidelity value Lenskart at $5 billion in $200 million stake purchase

Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear startup Lenskart, financial advisor Avendus said in a statement Monday. The transaction valued Lenskart, which leads the Indian market and is increasingly expanding overseas, at $5 billion, the startup’s founder and chief executive Peyush Bansal told TechCrunch in …...Read More

French startup ten ten finds viral success and controversy in reinventing walkie-talkies

Less than one year after its iOS launch, French startup ten ten has gone viral with a walkie-talkie app that allows teens to send voice messages to their close friends — even when their phone is locked. Whether you think that’s a recipe for disaster or the coolest thing you’ve …...Read More

Unicorn-rich VC Wesley Chan owes his success to a Craigslist job washing lab beakers

Wesley Chan is often seen in his signature buffalo hat; however, he may be even more well-known for his ability to spot unicorns. Over the course of his career in venture capital, he’s invested in over 20 unicorns, including AngelList, Dialpad, Ring, Rocket Lawyer and Sourcegraph. Five of those went …...Read More

Trump takes off on TikTok

Presumptive Republican presidential nominee Donald Trump now has an account on the short-form video app that he once tried to ban. Trump’s TikTok account, which launched on Saturday night, features just one post as of publication time on Sunday morning. In the video, UFC CEO Dana White declares, “The President …...Read More