Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding at least some of Wall…
Facebook, which is looking to bring teens back to its social network, is reportedly developing a meme app named LOL. The social media company has been working on the LOL app for months, multiple sources confirmed with TechCrunch. The app contains funny videos and GIF-like clips that are divided into categories such as For You,…
Something odd is in motion in Los Angeles. On a recent day at the office, colleagues debated the merits of the Boring Company’s proposal to alleviate Dodger traffic via levitating tunnel pods. I stepped out for coffee in the afternoon and was almost run over by an elderly man on a dozen scooters, balanced precariously…
We’re three weeks into January. We’ve recovered from our CES hangover and, hopefully, from the CES flu. We’ve started writing the correct year, 2019, not 2018. Venture capitalists have gone full steam ahead with fundraising efforts, several startups have closed multi-hundred million dollar rounds, a virtual influencer raised equity funding and yet, all anyone wants to talk…
In this week’s photography news, learn how self-driving cars destroyed a digital camera via lasers. Find out how many patents Canon filed for in 2018. Read about what Tamron lenses are available for the Nikon Z6. The post Photography news: Careful, self-driving cars can ruin your camera sensor appeared first on Digital Trends. Source link…
Nasdaq’s BVP Emerging Cloud Index measures the performance of a portfolio of 45 SaaS stocks. Like much of the tech world, and the stock market in general, the final quarter of 2018 was not terribly kind. The good news is that there are signs of life. On November 19th, SaaS stocks had a noteworthy bad…
Sling TV, Dish’s live TV streaming service, will now make personalized suggestions of what to watch. The company this week introduced a new recommendations feature that will highlight the shows, movies, sports and news content it believes you’ll like, based on your viewing history. The feature is initially available on Apple TV, but will roll…
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Tesla to cut workforce by 7 percent and focus on Model 3 production In an email to employees, CEO Elon Musk…
Google is removing apps from Google Play that request permission to access call logs and SMS text message data but haven’t been manually vetted by Google staff. The search and mobile giant said it is part of a move to cut down on apps that have access to sensitive calling and texting data. Google said in…
With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched a new syndicated investment vehicle called Tech Cypha. Launched by the music and cultural impresario with more hustle than hustle and his business partner Jason Geter, the new collaborative investment strategy focused on tech startups will…
