TechCrunch Disrupt is back, in person on October 18–20 in San Francisco, and we want to remind university and college students that one minute can change the trajectory of your startup dreams. How? The possibility begins when you apply to the TechCrunch Student Pitch Competition (powered by Blackstone LaunchPad). Here’s how it works: Record a…
News that private equity group Thoma Bravo is buying Ping Identity for $2.8 billion in cash broke earlier today, marking the beginning of the end of Ping’s life as a public company (at least for now). Thoma Bravo will pay $28.50 per share in an all-cash transaction, a price that TechCrunch noted is a roughly…
Which startups will benefit the most from a strengthening greenback? And will changes in the value of major currencies lift any particular region? The U.S. dollar is having a good year. The U.S. Dollar Index, which tracks the value of the dollar against other currencies, for example, bottomed out at around 95 points in early…
Solana, an increasingly popular blockchain known for its speedy transactions, has become the target of the crypto sphere’s latest hack after users reported that funds have been drained from internet-connected “hot” wallets. An unknown actor drained funds from 7,767 wallets on the Solana network as of 5am UTC on Wednesday, Solana’s Status Twitter account said. However, blockchain…
Autonomous trucking company TuSimple used its second-quarter earnings call to address an April crash during which one of the company’s autonomous trucks suddenly veered across the I-10 highway in Tuscon, slamming into a concrete barricade. The crash first came to light via a YouTube video that showed footage of the crash along with a letter…
It’s been a volatile year for retail investment behemoth Robinhood. The fintech company is laying off 23% of its workforce, as first reported by the Wall Street Journal and confirmed by TechCrunch. The layoff comes just three months after Robinhood cut 9% of full time staff. At the time of its last layoffs in late April,…
I’m sick and tired of being surveyed after every interaction with anyone these days, whether it’s my dentist, an airline or Home Depot. A few weeks ago, I bought a spray nozzle for $5. I got an email survey from Home Depot asking how my experience was. It was life-changing: I went into my local…
We knew it was happening, but Meta has confirmed that its long-standing chief operating officer (COO) Sheryl Sandberg has departed from her role as of yesterday (August 1). News emerged on June 1 that Sandberg would be stepping down after more than 14 years in position and would be replaced by chief growth officer Javier…
Discord announced new measures to bring its Android app into parity with its iOS counterpart today. The changes will improve the app’s experience for Android, which has historically lagged behind the iPhone version of Discord. Discord says the app is now “rebuilt from the ground up” using React Native, a developer framework for making apps…
With the apparent demise of Bolt Mobility, the divide between technology businesses and those that are merely tech-enabled is back at the forefront of our minds. Once a key point of discussion when the IPO market was alive, today we’re sifting through what is left of the micromobility sector, now freshly depopulated to a new…
