News

September 20, 2021 ESPN will debut “NBA Today,” an hour-long panel show, on Oct. 18 — the day before the start of the 2021-22 season. Malika Andrews will host “NBA Today,” joined by network NBA analysts Kendrick Perkins, Chiney Ogwumike and Vince Carter along with ESPN senior writer Zach Lowe. ESPN basketball reporters will take […]

September 20, 2021 By Steve Gorman LOS ANGELES (Reuters) – While departing yet again from the look of Primetime Emmys of yore, Sunday’s presentation of television’s highest honors gave little overt appearance of being constrained by a second year of the COVID-19 pandemic. So much so, that the night’s first presenter, comic actor-writer Seth Rogen, […]

September 20, 2021 By Tyler Clifford NEW YORK (Reuters) – U.S. prosecutors on Monday rested their sex trafficking case against R. Kelly, after a month of often disturbing and graphic testimony from people who accused the R&B singer of sexually abusing women and girls. The prosecution’s case in Brooklyn federal court concluded with testimony from […]

September 20, 2021 By Angelo Amante and Emily Roe SAN MARINO (Reuters) – One of Europe’s staunchest opponents to legal abortion could fall on Sunday when San Marino, a tiny and deeply Catholic republic landlocked in Italy, holds a referendum to overturn a law dating back to 1865. A “Yes” vote will bring some relief […]

September 20, 2021 BEIRUT (Reuters) – Lebanon’s Prime Minister Najib Mikati said on Monday a resumption of talks with the International Monetary Fund was a necessity to pull the country out of its financial crisis. Mikati made his remarks after a long parliamentary session, held since noon, to debate his government’s policy proposal and give […]

Fivetran, the data connectivity startup, had a big day today. For starters it announced a $565 million investment on $5.6 billion valuation, but it didn’t stop there. It also announced its second acquisition this year, snagging HVR, a data integration competitor that had raised over $50M, for $700 million in cash and stock. The company […]

Time to carbo-load, startup fans. Tomorrow we kick off the opportunity marathon that is TechCrunch Disrupt 2021, and we can’t wait to see it all unfold! Considering the amount of programming available over the next three days, you might appreciate some expert guidance. No worries — we’ve got you covered. Make the Disrupt Desk your […]

Earlier today, TechCrunch examined the new IPO price range for Toast. The U.S. software-and-fintech company moved its valuation materially higher in anticipation of pricing tomorrow after the bell and trading on Wednesday. It was not alone in doing so. Freshworks is also targeting a higher IPO price range, it disclosed today in a fresh SEC […]

September 20, 2021 (Reuters) – Wall Street’s main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in which the Federal Reserve will decide on potentially tapering its pandemic-era stimulus. U.S. Treasury yields also fell as worries about the default […]

September 20, 2021 By Julie Ingwersen (Reuters) – U.S. grain exports increased last week as shippers along the Louisiana Gulf Coast recovered from flooding and widespread power outages caused by Hurricane Ida’s Aug. 29 landfall, but volumes were much lower than normal, preliminary data showed on Monday. Just seven export vessels were loaded with grain […]

September 20, 2021 LONDON (Reuters) – The Venturi Formula E team announced on Wednesday the arrival of Brazilian Lucas di Grassi, winner of the electric series’ first race and one of only two drivers to have competed in every season since the start in 2014, from departed Audi. The 2016-17 Formula E champion, a former […]

September 20, 2021 LONDON (Reuters) – Aston Martin have started work on a new Formula One factory and wind tunnel that team owner Lawrence Stroll said underpins his commitment to the sport and aim of fighting for world championships in the next three to five years. The Canadian billionaire told reporters the Silverstone factory and […]

September 20, 2021 (Reuters) – Coinbase Global Inc has scrapped its plan to launch an interest-yielding USD Coin (USDC) lending program, the cryptocurrency exchange said in a blog post. The move comes days after U.S. regulators said it would sue Coinbase if it went ahead with its program allowing users to earn interest by lending […]

September 20, 2021 By Gertrude Chavez-Dreyfuss and Saikat Chatterjee NEW YORK/LONDON (Reuters) -Cryptocurrency prices sank on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande’s troubles spread across financial markets. Bitcoin, the world’s biggest and best-known cryptocurrency, tumbled to $42,453.97, its lowest level since Aug. 7 before trimming […]

September 20, 2021 (Reuters) – Steve Mnuchin, a former Goldman Sachs executive who served as U.S. Treasury secretary during the Trump administration, has raised $2.5 billion at his private equity firm, according to a Bloomberg News report https://ift.tt/3hMTVWA on Monday. Most of the money raised for Washington D.C.-based Liberty Strategic Capital came from sovereign wealth […]

September 20, 2021 By Conor Humphries LONDON (Reuters) – Aircraft leasing companies are for the first time buying more of the world’s passenger planes than airlines after the pandemic clobbered carriers around the world, senior industry executives said on Monday. The historic shift, following decades of gradual growth, is down to leasing giants being able […]

September 20, 2021 LOS ANGELES (Reuters) -The television audience for Sunday’s Emmy Awards reached 7.4 million viewers, according to data released by broadcaster CBS, up some 16% from last year’s record low. A year ago, when the ceremony was held virtually because of the coronavirus pandemic, the audience for the highest awards in television slumped […]

September 20, 2021 WASHINGTON (Reuters) -U.S. President Joe Biden on Monday ordered his administration to seek ways to ensure people are protected from extreme heat, including through work-related rules and other cooling efforts. The order comes as public health and environmental groups have put pressure on the administration to create enforceable standards for outdoor workers […]

U.S. technology unicorn Toast filed a new S-1 document this morning detailing a higher IPO price range for its shares. The more expensive range indicates that Toast may be worth more in its debut than it initially expected, a bullish sign for technology companies more broadly. Toast’s rising valuation may provide a boon to two […]

Coinbase efforts to play hardball with the Securities and Exchange Commission didn’t last too long. The cryptocurrency exchange had garnered the ire of the regulatory commission over its plans to launch a crypto lending product, with the SEC sending the company a Wells notice which indicated that the agency would sue Coinbase if they launched […]