News

This morning, Goldman Sachs announced plans to acquire B2B2C lender GreenSky in a deal worth $2.24 billion. The acquisition, which is still subject to regulatory approval and is expected to close in the fourth quarter of 2020 or the first quarter of 2021, is positioned to bolster the firm’s consumer business and offer new products […]

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. Hello and welcome to Daily Crunch for September 15, 2021. Today we have everything in the newsletter. Bad behavior in the crypto world? Yep. Why the Mailchimp deal might make good sense? […]

September 15, 2021 BRASILIA (Reuters) – Brazil’s Supreme Court on Wednesday suspended a high-profile land rights case that the country’s indigenous people say is vital for their survival, with no new date for when it will re-take the matter. The top court is weighing whether a state government applied an overly narrow interpretation of indigenous […]

September 15, 2021 CARACAS (Reuters) – Venezuela’s National Assembly, controlled by allies of socialist President Nicolas Maduro, will not reform the OPEC country’s key hydrocarbons law this year, the president of the Assembly’s energy and oil committee said on Wednesday. Maduro said earlier this year that the Assembly would consider reforms to the legislation that […]

September 15, 2021 By Stephen Nellis and Sinéad Carew (Reuters) – Cisco Systems Inc on Wednesday forecast that within four years, about half its revenue will come from software and other recurring sales, but its chief financial officer told Reuters high chip prices in its hardware business will keep pressuring overall profits. Cisco is the […]

September 15, 2021 WASHINGTON (Reuters) -President Joe Biden on Wednesday threw his support behind the top U.S. military officer, Mark Milley, a day after a new book said he went around civilian leaders to place secret calls to his Chinese counterpart over concerns about then-President Donald Trump. Milley’s office pushed back against the report in […]

September 15, 2021 By Steve Holland, Nandita Bose and David Brunnstrom WASHINGTON (Reuters) – The United States, Britain and Australia said on Wednesday they would establish a security partnership for the Indo-Pacific that will involve helping Australia acquire nuclear-powered submarines, as Chinese influence over the region grows. Under the partnership, announced by President Joe Biden, […]

September 15, 2021 PORT OF SPAIN, Trinidad (Reuters) – Trinidad and Tobago Health Minister Terrence Deyalsingh on Wednesday criticized as “false” the claim by American rapper Nicki Minaj that a person on the Caribbean island suffered swollen testicles after receiving a COVID-19 vaccine. Trinidad-born Minaj sparked an international furor when she alleged on Twitter that […]

September 15, 2021 By Walter Bianchi and Nicolás Misculin BUENOS AIRES (Reuters) -Argentina’s Peronist government was shaken on Wednesday after interior minister Eduardo de Pedro offered his resignation along with several other hard-left officials, signalling a rift within the ruling coalition after a bruising primary election loss. The government of center-left President Alberto Fernandez was […]

September 15, 2021 BRUGGE, Belgium (Reuters) -Lionel Messi failed to provide Paris St Germain with any sparkle as the Ligue 1 team’s potent attacking trio lacked inspiration in a disappointing 1-1 draw at Club Brugge in their Champions League opener on Wednesday. Making his first start for the French team, the Argentine forward hit the […]

September 15, 2021 By Ann Saphir (Reuters) -The U.S. Federal Reserve in Washington and the regional Fed banks will now require all of their nearly 23,000 employees be vaccinated against COVID-19. The Philadelphia Fed informed its staff of the new mandate in a memo on Wednesday, making it the last of the 12 regional Fed […]

September 15, 2021 By Jessica Resnick-Ault NEW YORK (Reuters) -Oil prices rose over $2 a barrel on Wednesday after government data showed a larger-than-expected drawdown in U.S. crude inventories, and on expectations demand will rise as vaccination roll-outs widen. U.S. crude oil stockpiles fell last week to the lowest since September 2019, the U.S. Energy […]

Ash Fontana Contributor Share on Twitter Ash Fontana, a managing director at Zetta Ventures, is the author of “The AI-First Company: How to Compete and Win with Artificial Intelligence.” More posts by this contributor Growing up in the intelligence era Investors in AI-first technology companies serving the defense industry, such as Palantir, Primer and Anduril, […]

Reach Capital, a San Francisco-based venture firm co-founded by Jennifer Carolan and Shauntel Garvey, focused exclusively on edtech for years before the sector ballooned with unicorns. The rare, female-led partnership closed its third fund in February, a $165 million vehicle and its largest to date. That said, returns from its previous funds show that the […]

September 15, 2021 By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen and Vice President Kamala Harris will urge Congress on Wednesday to back proposed spending on affordable childcare, armed with a new Treasury report that maps out big benefits such care offers the economy. Congress is considering a $3.5 trillion package of measures […]

September 15, 2021 (Reuters) -Videogame maker Electronic Arts said on Wednesday it has delayed the worldwide launch of its “Battlefield 2042” game to Nov. 19 from Oct.22 earlier. Shares of the company rose 3.6% in extended trading. EA, whose shares were down 6% at close on rumors the Battlefield game would be delayed, said it […]

September 15, 2021 By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investors Steven Cohen and Ray Dalio have joined the cryptocurrency craze by putting cash to work and saying at a conference this week that bitcoin and other digital currencies are an interesting way to diversify their holdings. Dalio, who founded the world’s largest hedge […]

September 15, 2021 By Jonathan Stempel NEW YORK (Reuters) – A southern California company that sells beer, wine and bottled water targeting female customers has been sued by the U.S. Securities and Exchange Commission for allegedly defrauding investors out of millions of dollars. In a complaint filed on Tuesday, the SEC said SHE Beverage Co […]

September 15, 2021 By Mike Stone WASHINGTON (Reuters) -Raytheon, the maker of Tomahawk missiles, will require all U.S. employees to have a COVID-19 vaccination, the company said in a Wednesday statement. The employees need to get shots by mid-December in order to meet a Jan. 1 deadline for immunization, a source familiar with policy said. […]

September 15, 2021 LOS ANGELES (Reuters) – “The Bodyguard,” the 1992 movie that launched the acting career of the late Whitney Houston and featured her most famous song, is getting a reboot. Hollywood movie studio Warner Bros said on Wednesday that a reimagining of the romantic thriller is in development with a script penned by […]