WeWork’s co-founder and chief executive officer Adam Neumann has stepped down as CEO and will serve as non-executive chairman of the board, the company confirmed in a press release Tuesday following a report from The Wall Street Journal. WeWork’s vice chairman Sebastian Gunningham and the company’s president and chief operating officer Artie Minson will serve…
Investors are betting on gaming platforms as an area of consumer tech with plenty of room left to grow. Today, Manticore Games, a stealth gaming startup announced that it has raised $30 million in Series B funding from Benchmark Capital, Correlation Ventures, BITKRAFT Esports Ventures, M Ventures, Arrive, Sapphire Sport, Tuesday Capital, and SV Angel. The…
San Francisco-based accelerator 500 Startups is expanding its executive team with the hiring of Tony Wang. Wang is joining the early-stage firm from Color Genomics, a venture-backed developer of genetic testing kits where he had served as chief operating officer since 2014. Prior to Color, Wang was the vice president of global partnerships and development…
Deloitte has launched a pre-configured suite of cloud-based IoT applications designed to accelerate smart factory transformations for companies with manufacturing operations. Powered by Amazon Web Services (AWS) IoT, the Smart Factory Fabric suite of services is aimed at helping industrial companies improve their operational performance and reduce costs. Deloitte said that its Smart Factory Fabric…
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. Facebook buys startup building neural monitoring armband Facebook has talked a lot about working on a non-invasive brain input device that…
Microsoft is joining Sony on the efforts to combat climate change by switching things up on the console front. In the former’s case, it’s starting a pilot project to make 825,000 Xboxes carbon neutral. As part of the UN’s Playing for the Planet alliance, Microsoft joins several other game companies pledging to do what they…
A team of Canadian cybersecurity researchers has uncovered a sophisticated and targeted mobile hacking campaign that is targeting high-profile members of various Tibetan groups with one-click exploits for iOS and Android devices. Dubbed Poison Carp by University of Toronto’s Citizen Lab, the hacking group behind this campaign sent tailored malicious web links to its targets…
As Samsung and Huawei double down on their foldable smartphone lineups, and other handset vendors try to hide the notch, Chinese giant Xiaomi today chalked out a different path altogether. The company unveiled the Mi Mix Alpha, a smartphone with a front display that fully wraps around the back, save for a strip. The Mi…
Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk profile of the counter-party. Rather than applying for credit at every merchant you shop at, you…
Got an early stage fund? Then grab an Investor pass, pack your bags and head to Disrupt Berlin 2019 on 11-12 December. We’ll host hundreds of exhibiting startups, which makes this tech conference prime prospecting territory for investors looking to add only the best early-stage startups to their portfolio. Buy your Investor pass and join thousands…
