Ryan Conner is a corporate attorney at Atrium part of the General Counsel Group representing early-stage startups. The increase in activity in the pre-IPO secondary market means that founders, early employees, and investors are receiving liquidity much sooner in a company’s lifecycle than ever before. For most startups and privately-held companies, liquidity is often an…
Uber has just laid off around 350 employees across a variety of teams within the organization, marking what the company says is its third and final phase of layoffs of the process it began earlier this year, Uber CEO Dara Khosrowshahi said to employees today in an email obtained by TechCrunch (full email below). Those…
Robotics is back! We are excited to announce that on March 3 next year TechCrunch will host its fourth annual TC Sessions: Robotics & AI at UC Berkeley’s Zellerbach Hall. Last year, 1,500 founders, technologists, engineering students and investors turned up for a day of main stage interviews with the top figures in AI and…
Jackson Square Ventures (JSV), an eight-year-old, San Francisco-based early-stage venture firm that takes its name from the neighborhood in San Francisco where it’s headquartered, has closed its third fund with $193 million in capital commitments — a sizable step up from its first two funds, which had both rounded up roughly $120 million from the…
WeWork, the co-working empire once valued at $47BN before reality struck plunging the business and its investors into crisis, has another problem to add to its growing pile — one which doesn’t exactly reflect well on its core business of kitting out and maintaining modern working environments. The problem is a safety concern affecting users…
Tech Mahindra and Cisco have come up with a new digital factory blueprint that puts 5G at the heart industrial operations. Tech Mahindra said the solution sets a model for IT-OT integration and security. The solution covers certain factory functions, including wireless networking on the shop floor, and networking connectivity and data integration between information…
Following the massive Fornite blackout, a new trailer has leaked online, indicating some new changes expected to come into Fornite’s battle royale mode.
Shiv has over 8 years experience working on Internet of Things and an avid user of Drones
Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support, and the money that flows through it all. The app industry in 2018 saw 194 billion downloads and more than $100 billion in purchases. Just in the past quarter, consumer spending exceeded $23 billion and…
Indian Railway Catering and Tourism Corporation (IRCTC), a state-run firm that offers train ticketing and catering services in India, more than doubled on its first day of trading in what was the best public debut for a local firm in two years. The firm sold 20.1 million shares, or a 12.5% stake on Monday, generating…
Opendoor has named Gautam Gupta its chief financial officer and chief business officer, critical roles as the business continues to alter the way in which homes are bought and sold. Uber’s former head of finance, Gupta joined the $3.8 billion home-selling platform as its chief operating officer in 2017. The company, which has raised more…
