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As if the Boston startup market needed additional momentum, it appears restaurant software startup Toast will dramatically bolster its valuation in its upcoming IPO. For a city perhaps best known internationally for its hard tech and biotech efforts, to see Toast not only rebound from its early-pandemic layoffs to a public debut, but to target […]

When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a […]

September 13, 2021 By Sudipto Ganguly (Reuters) – The coronation of new champions Emma Raducanu and Daniil Medvedev left tennis fans salivating at the prospect of what is to come as the curtain dropped on Grand Slam tennis for another year at the end of the U.S. Open on Sunday. The fans were back at […]

September 13, 2021 LONDON (Reuters) – Amazon, Google and other tech companies providing cloud computing to banks in Britain may have to comply with minimum resilience standards and testing, a senior Bank of England official said on Monday. The BoE, along with regulators in Europe and the United States, is worried about the reliance of […]

September 13, 2021 By Kenneth Li (Reuters) – Michael Friedenberg, president of Reuters, on Monday said he will leave the company at the end of 2021. In a company memo Thomson Reuters Corp, the parent company of Reuters, said a search will begin shortly for a new Reuters president. Friedenberg’s departure caps a three-year run […]

Kris Holt Contributor Share on Twitter Kris Holt is a contributing writer at Engadget. More posts by this contributor The Marvel Unlimited comics app just got a major overhaul Locast suspends local TV streaming service in wake of court ruling The next Marvel Cinematic Universe show will premiere on Disney+ in November and, appropriately enough, […]

One. More. Week. Just seven days until more than 10,000 people around the world storm the internet to attend TechCrunch Disrupt 2021 on September 21-23. We’re talking three event- and programming-packed days focused on anything — and everything — related to early-stage tech startups. You’ll hear from iconic founders, unicorn makers, boundary-benders — all of […]

JumpCloud, the late-stage startup that is modernizing the notion of corporate directories in a cloud context, announced a $159 million Series F investment on a healthy $2.56 billion valuation today. Sapphire Ventures led the round with new investors participating including Owl Rock, Whale Rock Capital, Sands Capital and Endeavor Catalyst along with existing investors General […]

September 13, 2021 (Reuters) – Walmart Inc said on Monday it has partnered with litecoin to allow its customers to make payments with cryptocurrencies. “Starting October 1st, all eCommerce stores will have implemented a ‘Pay with Litecoin Option’,” Walmart Chief Executive Officer Doug McMillon said. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Amy Caren […]

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]

Uber has lost another legal challenge in Europe over the employment status of drivers: The Court of Amsterdam, in the Netherlands, has ruled that drivers for Uber are employed, rather than self employed contractors. The court also found drivers are covered by an existing collective labor agreement in the country — which pertains to taxi […]

Jon Fingas Contributor Jon Fingas is a contributing writer at Engadget. More posts by this contributor A Chinese EV startup wants to build a ridable robot unicorn for kids Continental’s eco-friendly concept tire includes a renewable tread The US Defense Department’s ambitions beyond Earth just grew a little clearer. SpaceNews has learned the department recently […]

September 13, 2021 LONDON (Reuters) -British engineering companies Rolls-Royce and Babcock International Group are to sell their minority stakes in UK military refuelling jet-owner AirTanker Holdings to Equitix Investment Management as part of efforts to reduce debts. Rolls-Royce said on Monday it agreed a 189 million pound ($261.39 million) deal with the private infrastructure investor […]

With supply chains under constant stress because of the pandemic, freight forwarding has become one of the hottest startup sectors in the last two years. Indeed, International freight forwarding is now a $199 billion market. And the evidence is mounting. In November last year, digital freight forwarder Forto raises another $50M in a round led […]

September 13, 2021 By David Kirton SHENZHEN, China (Reuters) -Chaotic scenes erupted at the headquarters of cash-strapped developer China Evergrande Group on Monday, as roughly 100 disgruntled investors crowded its lobby to demand repayment of loans and financial products. Around midday, more than 60 uniformed security personnel formed a wall in front of the main […]

September 13, 2021 By Michael Kahn and Jason Hovet PRAGUE (Reuters) – For Czech gun maker CZG-Ceska Zbrojovka Group, its recent acquisition of the Colt brand carries both the potential to become a major player in the global firearms market and the challenge of reviving the fortunes of a fabled U.S. name. Shares of CZG, […]

September 13, 2021 (Reuters) – Three media companies have agreed to pay more than $539 million to settle U.S. Securities and Exchange Commission (SEC) charges over illegal offerings of stock and digital assets, the regulator said on Monday. The SEC charged New York-based GTV Media Group Inc. and Saraca Media Group Inc and Phoenix-based Voice […]

September 13, 2021 By David Latona (Reuters) – As the main contenders in the race to succeed Angela Merkel as Germany’s next chancellor faced off in a televised debate on Sunday night, their political parties deployed social media teams in a parallel battle online. None of them, though, could match the impact of cyber-savvy activists […]

September 13, 2021 By Emma Farge GENEVA (Reuters) -The United Nations exhorted the world on Monday to raise $606 million for Afghanistan, where poverty and hunger are spiralling since the Taliban took power and billions in foreign aid have dried up amid Western distrust of the Islamist militants. After decades of war, suffering and insecurity, […]

September 13, 2021 By Susanne Neumayer-Remter Tanya Wood Petra Wischgoll BERLIN/COLOGNE, Germany (Reuters) – German Chancellor Angela Merkel has become a feminist icon after 16 years in power even though the world’s most powerful woman has only belatedly accepted that label as she prepares to step down, and conceded that gender equality is still a […]