Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats. According to a related regulatory filing, they actually need to hang around as “service providers” to receive their original equity award agreements. (If Lyft is sold…
Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Ask Sophie: Which visas will allow…
The Turntable wars were one of the more fascinating stories to emerge in 2021 startup land (though I suspect those involved might dispute the matter). After years away, the beloved but bygone collaborative music streaming service returned for a population that had been stuck inside for a year thanks to a global pandemic. Things got…
GitHub, the popular developer platform, has laid off virtually its entire engineering team in India in an unusual move as the Microsoft-owned firm cuts its expenses amid the weakening global market conditions. The developer firm has eliminated over 100 jobs in the South Asian market, a person familiar with the matter said. GitHub informed the…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Monday Crunch, our Crunch-a-licious friends! Our favorite part of Lorenzo’s excellent piece on how the feds busted a cybercrime forum: “In a spectacular snafu on the hacker’s part . . .…
Late last week, Turo, a startup that allows consumers to rent their cars to one another, updated its IPO filing to include full-year data from 2022, giving us a better understanding of its post-COVID performance. Turo, a venture-backed company that has raised hundreds of millions while private, filed privately to go public back in 2021.…
France is the latest country taking steps to ban TikTok from government-managed devices. Stanislas Guerini, the Minister of Public Transformation and Service, and his services issued a statement announcing the move and the reasoning behind this change. But there’s a twist: Instead of simply banning only TikTon, the French government is saying that all recreational…
First Citizens BankShares has agreed to buy Silicon Valley Bank, the California lender that served as lifeblood of thousands of startups before its collapse sent shockwaves through the financial sector, the U.S. Federal Deposit Insurance Corporation said on Monday. The failure of Silicon Valley Bank is estimated to incur a loss of about $20 billion…
Pinterest announced today that it’s testing ways to integrate Shuffles collage content into Pinterest, starting with shopping. Shuffles, which is Pinterest’s collage-making app, launched to general public last November. To use Shuffles, users build collages using Pinterest’s own photo library or by snapping photos of objects they want to include with their iPhone’s camera. The…
One of my most joyous technology memories concerns Project Origami. The effort from Microsoft, Intel and others launched ultra-mobile PCs, or UMPCs. The devices, akin to squeezing a full Windows machine into something about the size of an midrange iPad often complete with a physical keyboard, utterly fascinated me back around 2006. At that time…
