Remember when OnlyFans said it would ban explicit content, putting its creators’ livelihoods in jeopardy, then suspended that ban less than a week later? Even though Patreon’s guidelines on adult content are far more limited than those for OnlyFans, the changing standards of credit card companies like Mastercard are affecting how its creators can make […]
News
UK announces a national strategy to ‘level up’ AI
The UK government has announced a national AI strategy — its first dedicated package aimed at boosting the country’s capabilities in and around machine learning technologies over the longer term. It says it hopes the strategy will lead to an increase in the number and types of AIs being developed and commercialized in the UK […]
FedEx to test Aurora’s self-driving trucks on Dallas-to-Houston route
FedEx has started to use self-driving trucks to haul goods between Dallas and Houston as part of a pilot program with autonomous vehicle startup Aurora and heavy duty vehicle manufacturer Paccar. Paccar trucks that are equipped with Aurora’s technology will be used multiple times a week to complete the nearly 500-mile route along Interstate 45, […]
Intuit launches venture arm to invest in startups with innovation for small businesses, consumers
Intuit, the business and financial tools company best known for its TurboTax software, made news last week for its acquisition of Mailchimp, and is now announcing a corporate venture capital arm, Intuit Ventures, to identify growth opportunities and trends beneficial for its key customers — small businesses and consumers. The company is the latest to […]
The NFT on-ramp is still too steep
Years and years ago, to get a better handle on the then-nascent crypto economy, I bought some bitcoin. About $50 worth, if memory serves. And then I moved it to BTC-E, at which point I bought some random coins to see how that would go. BTC-E eventually closed after a massive money-laundering fine, so I […]
‘Pokémon Unite’ has arrived on Android and iOS
Pokémon Unite is now available for download and is ready to play on Android and iOS. It’s the same free-to-start MOBA with the same maps and monsters the launched on the Nintendo Switch in July, though the Pokémon Unite team recently rolled out a new update in preparation for its mobile debut. In a poston […]
Workhorse Group suspends deliveries, recalls C-1000 electric delivery van
EV startup Workhorse Group is recalling 41 of its C-1000 cargo delivery vehicles and suspending the remainder of its deliveries for this model, telling regulators Wednesday that “additional testing” is needed to certify the vehicles under Federal safety standards. All automakers must certify their vehicles under the Federal Motor Vehicle Safety Standards, minimum safety performance […]
Facebook stock drops after company warns Apple’s privacy changes to have bigger Q3 impact
Facebook today provided an update on how Apple’s privacy changes have impacted its ad business. The company had already warned investors during its second quarter earnings that it expected to feel an even more significant impact in its ad targeting business by Q3. This morning, it reiterated that point, but also noted that it had […]
Indications of a hot market abound as Freshworks, Toast price IPOs
News that Klarna is waiting for more favorable market conditions before going public felt a little odd yesterday. Today, hesitation to go public feels downright strange. New pricing information from U.S. tech unicorn Toast and Indian tech unicorn Freshworks indicate that the IPO market is more than welcoming. The Exchange explores startups, markets and money. […]
WestCap and Peter Thiel-backed FLYR Labs closes $150M Series C
Airlines have a relatively straightforward goal — getting people in seats — but they’ve traditionally relied on inefficient and outdated statistical modeling methods to predict what prices and other conditions will sell tickets. Enter FLYR Labs. The company has developed a deep learning platform to forecast airline demand and set airfare prices, and it’s now […]
Digital contract startup Ironclad hires Leyla Seka as COO, Helen Wang as CFO
Ironclad, a startup that helps legal teams manage and coordinate contracts in a digital context, announced the hiring of two new executives today. For starters, the company is bringing on Leyla Seka as COO. Seka was most recently a partner at Operator Collective, and prior to that spent more than decade at Salesforce, where she […]
Coinbase to propose a federal regulatory framework for crypto to U.S. officials within the next month
Cryptocurrency trading platform Coinbase wants to help guide any emerging regulation on exchanges like itself, for obvious reasons, and in an interview with TechCrunch Editor-in-Chief Matthew Panzarino at TechCrunch Disrupt 2021 on Tuesday, Coinbase CEO and founder Brian Armstrong revealed it’s preparing a draft regulatory framework for consideration by federal lawmakers which it aims to […]
StreamElements nabs $100M as it passes 1.1M creators using its platform to build and monetize video content
Video is at the heart of how people use the internet today, and creators are at the heart of what is being made and watched on video. Today, a startup that has built a platform that helps them produce and monetize their work is announcing a big round of funding that underscores just how lucrative […]
Apple’s 2021 iPad mini isn’t just living, it’s thriving
Every few years all of the iPad mini lovers hold their breath as they wait to see whether this very specific device will keep on trucking or hit the chopping block. Well they probably needn’t worry for a while as the device just got a big modern makeover with Apple’s new iPad Pro-like design, an […]
Uber Eats adds map feature so users can find nearest restaurants for pickup
Uber Eats is adding a new pickup map feature to its app that will allow users to search for restaurants or merchants close to them. The map localizes to the user, allowing them to type in what kind food they’re looking for using either words or emojis to see what’s nearby, including the exact distance […]
Inventory optimization startup Flieber bags $12M, aims to help retailers avoid out-of-stock, overstock moments
Flieber wants to help e-commerce retailers get back to what they do best: selling. The New York-based company announced Wednesday $12 million in Series A financing to continue developing its inventory optimization platform that uses analytics and machine learning to give multi-channel brands a leg up when it comes to determining what the ideal stock […]
GM’s OnStar is bringing its emergency service to the home with Amazon Alexa
Owners of Alexa devices will soon be able to use OnStar’s emergency services from their homes, under an expanded partnership between OnStar’s parent company General Motors and Amazon. OnStar already expanded OnStar Guardian earlier this year with the introduction of the Guardian app, which lets customers access the service via their mobile device. This latest […]
Sunday raises $100 million for its fast restaurant checkout flow
Sunday, a startup that didn’t exist just a few months ago, has raised a $100 million Series A funding round. Today’s funding round is led by Coatue with participation from partners of DST Global. Investors in the restaurant, hospitality and tech industries are also participating. I already wrote a lengthy profile of Sunday when it […]
Osano, a risk and compliance startup, raises $11M
Osano, a risk and compliance startup, has confirmed it has raised $11 million in new funding. The round was led by Jump Capital and with participation from existing investors LiveOak Venture Partners and Next Coast Ventures. The Austin, Texas-based company describes the round as a Series A-1, following a $5 million Series A raise in […]
Last-mile logistics platform Cargamos raises $11M seed round to expand same day delivery
Mexico City-based last-mile logistics platform Cargamos wants to own same-day delivery in Latin America. The company has announced a $7 million raise in follow-on funding, bringing its total seed round to $11 million, which it will use to create a nationwide distributed warehouse network so regional retailers can compete with giants like Amazon. Cargamos intends […]