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. Haje and I are swapping places for the next two days while he gets some much-needed rest. While he’s away, please enjoy his latest Pitch Deck Teardown on Glambook. In the meantime,…
Yair Snir is vice president and managing director of Dell Technologies Capital, leading venture investment activity in Europe and Israel. What does an an acquisition process look like? There are two kinds of acquisition processes: planned and opportunistic. A planned process is where a company looks for a suitable buyer for their business, whereas an…
Pony.ai, a Chinese autonomous vehicle company valued at $8.5 billion as of late, has sued two former employees over alleged trade secret infringement. The lawsuit is arriving months after Frank (Zhenhao) Pan and Youhan Sun, two former technical leaders at Pony’s autonomous trucking business in the U.S., resigned to start a competitor called Qingtian Truck.…
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…
Today in New York City, OnePlus held its first in-person launch event in two-plus years. That’s a lot of time away for a company that’s leaned so heavy on its fanbase for previous launches. Accordingly, the Gotham Hall event packed in fans and members of the press. COVID-19 may still be looming, but the OPPO-owned…
In spite of the so-called Great Resignation, wages haven’t risen as dramatically as some economists anticipated. About 41% of workers recently surveyed by Willis Towers Watson say that they’re living paycheck to paycheck, while the Bureau of Economic Advisers reports that personal savings rates reached a seven-year low in April — reflecting the dire financial…
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…
Dating giant Match Group announced a series of changes to Tinder’s management team alongside the announcement of disappointing second quarter earnings on Tuesday. Notably, Tinder CEO Renate Nyborg will be departing the company after less than a year in the top job. Match Group is also killing Tinder’s plans to adopt new technology, like cryptocurrencies…
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. Monday is here, and we are excited to throw ourselves into another week of summertime tech news. Apropos summer — as the VCs stop answering their phones in favor of drinking elderflower…
