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The last quarter in venture capital was quite gloomy. Even AI didn't change the picture that much, but its impact is starting to show in other ways.
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Kenyan B2B e-commerce company MarketForce has shut down operations in three of its five markets in Africa and is in the early stages of launching a social commerce spinout. TechCrunch has learned that MarketForce’s super-app dubbed RejaReja, which enable informal retailers (mom-and-pop stores) to order fast moving consumer goods (FMCGs) order directly from distributors and […]
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Women’s health remains one of the most underfunded, under-researched, and underserved areas of investment and study.
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Popup Bagels raised $8 million in venture capital this week. But why would a bagel store chain want such expensive capital?
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A version of this post first appeared in TechCrunch’s weekly robotics newsletter, Actuator. Subscribe here. Last week was a busy one for robotics. We had RoboBusiness in the Bay, ROSCon in New Orleans and Amazon’s Delivering the Future event in Seattle. I ended up choosing the latter, as I’d gotten quite a bit out of […]
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Chances are that however busy you are, Keith Rabois is busier. He’s an active investor as a general partner at Founders Fund, the early-stage outfit co-founded 18 years ago by Peter Thiel. He’s also the CEO of OpenStore, the company that he co-founded in 202 to acquire and scale commerce brands on Shopify’s platform. And […]
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Though attendees grumbled about Las Vegas as a city, the community sentiment at this year’s TwitchCon was notably more optimistic than it was at last year’s convention. TwitchCon 2023 closed out a tense year for the platform, which was punctuated by rounds of layoffs, unpopular policy decisions and the sting of competitors poaching major streamers […]
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Two of the biggest groups to oppose robotaxi expansion in California are now formally working together. Teamsters 856, which is tied to one of the longest-standing labor unions in the U.S., and Rideshare Drivers United (RDU), a group that advocates for app-based workers, said on Friday that they’ll work together to push for “responsible guardrails […]
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Like many entrepreneurs, Byterat's founders realized that the challenges they had faced themselves in the lab were a business opportunity.
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In 2019, Amazon upgraded its Alexa assistant with a feature that enabled it to detect when a customer was likely frustrated — and respond with proportionately more sympathy. If a customer asked Alexa to play a song and it queued up the wrong one, for example, and then the customer said “No, Alexa” in an […]
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This pitch deck makes for some really interesting reading and storytelling, so let's dive in and see if we can spot what happened and how.
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Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar said on Friday, after the Taiwanese firm Wistron entered a deal with the salt-to-tech conglomerate. Tata Group has acquired Wistron InfoComm Manufacturing (India) Pvt for $125 million, the Taiwanese firm said in a stock exchange […]
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