Roku to launch low-cost versions of its soundbar and subwoofer…

Roku will produce lower-cost versions of its new Smart Soundbar and Wireless Subwoofer for Walmart under the retailer’s own onn brand, the company announced this morning. While already Roku offers distinct versions of some of its streaming media players exclusively for retailers like Walmart and Best Buy, the company had briefly mentioned a larger deal […]

Next Insurance raises $250M from Munich Re, becomes a unicorn

Next Insurance, a three-year-old U.S.-based firm that sells insurance products to small businesses, has become the latest unicorn in the nation after bagging $250 million in a new financing round, the startup said today. Germany-based Munich Re, one of the world’s largest reinsurers, alone funded Next Insurance’s Series C round, the two said in a […]

83North closes $300M fifth fund focused on Europe, Israel

83North has closed its fifth fund, completing an oversubscribed $300 million raise and bringing its total capital under management to $1.1BN+. The VC firm, which spun out from Silicon Valley giant Greylock Partners in 2015 — and invests in startups in Europe and Israel, out of offices in London and Tel Aviv — last closed […]

Berlin’s Tier Mobility scoops up $60M as its scooter-based tra…

On the heels of Bird closing a $275 million round to help put itself in pole position in the electric scooter market, a smaller European rival has also raised some money to grow its own business. Tier Mobility, a Berlin-based startup that operates a fleet of 20,000 scooters across 40 cities in 12 countries, has […]

Ritesh Agarwal to invest $700M in Oyo’s new $1.5B financing round

India’s budget lodging startup Oyo Hotels and Homes said today it plans to raise about $1.5 billion as part of a new financing round as the startup looks to expand its footprints in the U.S. and Europe. Ritesh Agarwal, the founder and CEO of Oyo, has committed to infuse $700 million to buy new shares in […]

5 days left to save on passes to Disrupt Berlin 2019

A show of hands, startuppers. Who’s ready to save some money on passes to Disrupt Berlin 2019, our premier tech conference that takes place on 11-12 December? Then listen up, because our super early bird pricing ends in just five days. Right now, passes start at €345 + VAT and, depending on which pass you […]

This Week in Apps: censorship, openness and antitrust

Welcome back to This Week in Apps, the new Extra Crunch series where we’ll help you keep up with the latest news from the world of apps — including everything from the OS’s to the apps that run upon them, as well as the money that flows through it all. The app industry in 2018 […]

“Human Compatible” is a provocative prescription to re-think A…

Dr. Stuart Russell, a distinguished AI researcher and computer scientist at UC Berkeley, believes there is a fundamental and potentially civilization-ending shortcoming in the “standard model” of AI, which is taught (and Dr. Russell wrote the main textbook) and applied virtually everywhere. Dr. Russell’s new book, Human Compatible: Artificial Intelligence and the Problem of Control, […]

An interview with Dr. Stuart Russell, author of “Human Compati…

(UC Berkeley’s Dr. Stuart Russell’s new book, “Human Compatible: Artificial Intelligence and the Problem of Control, goes on sale Oct. 8. I’ve written a review, “Human Compatible” is a provocative prescription to re-think AI before it’s too late,” and the following in an interview I conducted with Dr. Russell in his UC Berkeley office on […]

No one could prevent another ‘WannaCry-style’ attack, says DHS…

The U.S. government may not be able to prevent another global cyberattack like WannaCry, a senior cybersecurity official has said. Jeanette Manfra, the assistant director for cybersecurity for Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA), said on stage at TechCrunch Disrupt SF that the 2017 WannaCry cyberattack, which saw hundreds of thousands of computers […]

Top VCs in Edtech, Dropbox, first mover advantage, India’s Net…

Editor’s Note This week, we hosted 23 panels on all aspects of building startups on the Extra Crunch stage at TechCrunch Disrupt SF. Thanks to the thousands of attendees who attended those talks, as well as the workshops we held on the Breakout Stage — your enthusiasm was palpable. We also had hundreds of new […]

The siphon and the forge

The tech industry has won at capitalism. From America to China, from Amazon to Alibaba, from Alphabet to Tencent, the most valuable and most dynamic companies in the world are technology companies. But what kind of capitalism? Because there are really two different modes, two ways to get rich. One is to claim a share […]

Week in Review: Tech’s trashiest merger

Hey everyone. Thank you for welcoming me into you inbox yet again. Last week, I talked about Juul’s unraveling mission statement and the highly-valued startup’s new Big Tobacco CEO. I got some great email responses and plenty of a pro-Juul DMs. If you’re reading this on the TechCrunch site, you can get this in your […]

Miss out on Startup Battlefield? Apply to TC Top Picks at Disr…

Did you miss the deadline to apply for Startup Battlefield at Disrupt Berlin 2019? Well don’t despair, founders. There’s more than one way to place your early-stage startup in front of thousands of influential technologists, investors and global media. Apply to be considered for our TC Top Picks program and the opportunity to exhibit in Startup Alley for […]