Synthetic aperture radar startup Capella Space is replacing founder Payam Banazadeh with a new CEO that will start at the end of the month, the company said Tuesday morning. He will be replaced by aerospace executive Frank Backes, who will assume the role on October 23. Banazadeh will continue to serve on Capella’s board. Backes…
Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday. In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the company is focusing on its path to profitability. While the post didn’t elaborate on the reason behind the job cuts, it mentioned customers’ budgets shifting elsewhere…
Bandcamp has officially changed hands from its old new owner, Epic, to its new new owner, Songtradr, and lost half its employees in the process. Songtradr confirmed that “50% of employees received offers” to continue on under the new ownership — and naturally the other 50% didn’t. The venerable digital music marketplace was acquired by…
Arjun Thyagarajan and Raghav Lal, the co-founders of fintech startup Solid, are pushing back on Series B investor FTV Capital, which filed a lawsuit against the company to get its $61 million investment back. Solid offers companies a way to provide their own financial products, for example, banking, payments and cards. At the time private…
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Here’s what we got into today: Earnings season is here, and we’ll hear…
Walking through Token2049, it was hard to tell that the crypto industry was going through a “winter” phase. The crypto conference held in Singapore in September attracted an unprecedented crowd of 20,000 attendees, filling the island state with an even greater number of blockchain enthusiasts who hopped in and out of the hundreds of side…
Any conversation centered on the U.K. tech scene often has a strong center of gravity around the south of the country — to many, “the U.K.” and “London” may as well be the same thing. A recent House of Commons Committee report on venture capital allocation pointed to “uneven levels of VC investment” across the…
Flip through a random slideshow on Architectural Digest, and chances are you’ll see a kitchen with a massive range as the centerpiece. They usually have at least six gas burners, ideally two or more ovens, and enough cooking grates to look like a family of arachnids died atop a 19th-century bank safe. Over the last…
Happy Saturday, folks, and welcome to Week in Review (WiR), TechCrunch’s newsletter that covers the major stories in tech over the past several days. I feel inclined to begin this edition with a sobering note about the recent events in Israel and Gaza. It’s obviously impacted the tech ecosystem there, but from a purely humanistic…
Happy Saturday, folks, and welcome to Week in Review (WiR), TechCrunch’s newsletter that covers the major stories in tech over the past several days. I feel inclined to begin this edition with a sobering note about the recent events in Israel and Gaza. It’s obviously impacted the tech ecosystem there, but from a purely humanistic…
