Allen Miller Contributor Share on Twitter Allen Miller is a principal at Oak HC/FT based in San Francisco. He invests in early- and growth-stage companies, with a particular focus on fintech. More posts by this contributor The last decade in real estate, and a peek into the next one 2019 looks to continue another lights-out […]
Acquired by Mercedes-Benz, YASA’s revolutionary electric motor is set for big things
Back in July, YASA (formerly Yokeless And Segmented Armature), a British electric motor startup with a revolutionary ‘axial-flux’ motor, was acquired by Mercedes-Benz. The acquisition didn’t exactly garner enormous press attention, as scant other details were announced. But YASA is likely to be an entity worth watching. Founded in 2009 after being spun out of […]
Soccer-With new TV deal, brands see value in women’s league deals
September 3, 2021 By Simon Evans MANCHESTER, England (Reuters) – England’s Women’s Super League (WSL) kicks off its new season this weekend and, with a major new broadcast deal and a host of international players, there are a series of new sponsorships as brands look to get in on the growth of the women’s game. […]
Kristen Stewart’s turn as Princess Diana woos Venice
September 3, 2021 (Corrects surname of director in second paragraph) By Silvia Aloisi VENICE, Italy (Reuters) -U.S. actress Kristen Stewart’s interpretation of Princess Diana in “Spencer” got a warm reception at the Venice Film Festival, where it premieres on Friday, with some critics already tipping her as a likely Oscar contender. Chilean director Pablo Larrain […]
New York’s 9/11 Museum CEO seeks to educate, inspire younger generation
September 3, 2021 By Angela Moore (Reuters) – One of the most important tasks Alice Greenwald has as president and CEO of the 9/11 Memorial and Museum is to educate and inspire a younger generation and make sure the heroism and sacrifices made that day in 2001 are never forgotten. “If you think about 20 […]
Instagram may not be a photo-sharing app anymore, but Glass is
Instagram made headlines (including this one) when product head Adam Mosseri said in June that the app is “no longer just a square photo-sharing app,” since it’s pivoting its focus to shopping and video. But where does that leave photographers who want a social photo-sharing experience? According to Tom Watson, a former product designer at […]
Private equity giveth, and private equity taketh away
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Alex and Grace and Chris gathered to dig through the week’s biggest happenings, including some news of our own. As a note, Equity’s Monday episode will be landing next Tuesday, thanks to a national holiday here in the United States. And we have something […]
Soccer-Netherlands coach Van Gaal expects another test against Montenegro
September 3, 2021 AMSTERDAM (Reuters) – Netherlands manager Louis van Gaal is predicting another difficult World Cup qualifier when they host Montenegro in Eindhoven on Saturday, saying he expects the match to be as testing as their 1-1 draw in Norway on Wednesday. The veteran coach, who is back for a third stint in charge […]
Motor racing-Red Bull want to bring Albon back to F1, says Horner
September 3, 2021 By Alan Baldwin (Reuters) – Red Bull are seeking to secure Alexander Albon’s Formula One return next season, with seats opening up at Alfa Romeo and Williams, while Mercedes are keen to place their new Formula E champion Nyck de Vries. Albon, 25, drove for Red Bull’s main team last year but […]
‘Stagflation’ trades boom as investors flee U.S. debt
September 3, 2021 By Saikat Chatterjee LONDON (Reuters) -Investors have swept into assets perceived to perform on slowing growth and rising inflation, a weekly round-up by BofA showed on Friday, with tech stocks seeing their biggest inflows in six months and large outflows from U.S. government debt. At $2.5 billion, tech stocks saw the biggest […]
Tyson Foods, meatpacking union strike deal over vaccine mandate
September 3, 2021 CHICAGO (Reuters) – North America’s largest meatpacking union said on Friday it has agreed to support Tyson Foods Inc’s requirement that employees be vaccinated against COVID-19 and also secured paid sick leave for workers in negotiations over the matter. The United Food and Commercial Workers union, which represents Tyson plant workers, said […]
Slower growth in U.S. jobs ripples through markets
September 3, 2021 By Huw Jones LONDON (Reuters) – Weaker-than-expected jobs growth data from the United States sent a wave through the markets on Friday, leaving investors trying to work out what it means for the timing of Federal Reserve tapering of stimulus. Non-farm payrolls increased by 235,000 jobs last month, far short of the […]
Exclusive-FedEx faces labor union challenge over billionaire CEO’s pay
September 3, 2021 By Jessica DiNapoli (Reuters) – FedEx Corp shareholders should reject founder and CEO Fred Smith’s $54 million pay package because the logistics company gave him stock options after scrapping a cash bonus in the wake of the COVID-19 pandemic, only to reinstate it later, the Teamsters labor union said on Friday. Smith, […]
U.S. SEC questions funds over ESG labels – Bloomberg News
September 3, 2021 (Reuters) – The U.S. securities regulator has been asking money managers to explain the standards they use for classifying funds as environmental, social and governance (ESG)-focused for several months, Bloomberg News reported, citing people familiar with the matter. This is the second such review by the U.S. Securities and Exchange Commission (SEC) […]
Kraft, execs hit with over $62 million in penalties over accounting scheme -SEC
September 3, 2021 By Chris Prentice and Susan Heavey WASHINGTON (Reuters) – The Kraft Heinz Company and two former executives will pay penalties of more than $62 million to settle charges they falsified supplier contracts to achieve cost savings, the U.S. securities regulator said on Friday. The Securities and Exchange Commission (SEC) alleged that the […]
EU says Taliban must respect rights, guarantee security as conditions for help
September 3, 2021 By Sabine Siebold BRDO, Slovenia (Reuters) -The European Union is ready to engage with the new Taliban government in Kabul but the Islamist group must respect human rights, including those of women, and not let Afghanistan become a base for terrorism, the EU foreign policy chief said on Friday. “In order to […]
Playbyte’s new app aims to become the ‘TikTok for games’
A startup called Playbyte wants to become the TikTok for games. The company’s newly launched iOS app offers tools that allow users to make and share simple games on their phone, as well as a vertically scrollable, fullscreen feed where you can play the games created by others. Also like TikTok, the feed becomes more […]
Brazil central bank chief Campos Neto ‘closely monitoring’ electricity prices
September 3, 2021 BRASILIA (Reuters) – The head of Brazil’s central bank, Roberto Campos Neto, said on Friday he is “closely monitoring” rising electricity prices due to the worst drought in the country in decades. The rise in energy prices is one of the most important factors in rising inflation estimates for 2021 and next […]
U.S. SEC investigates crypto exchange developer Uniswap Labs – WSJ
September 3, 2021 (Reuters) – The U.S. Securities and Exchange Commission (SEC) is investigating Uniswap Labs, the main developer behind one of the world’s largest cryptocurrency exchanges, Uniswap, the Wall Street Journal reported on Friday https://ift.tt/3BDFf3j, citing people familiar with the matter. Enforcement attorneys are looking for more information on how investors use Uniswap and […]
Apple to take more time to roll out child safety features
September 3, 2021 (Reuters) – Apple Inc said on Friday it would take more time to collect input and make improvements before releasing important child safety features. The company last month said it will implement a system that checks photos on iPhones in the United States before they are uploaded to its iCloud storage services […]