As the world stays home, edtech’s Q2 venture totals rose sharply

My friend and colleague Natasha Mascarenhas has been reporting on the edtech beat quite a lot in 2020. So far reading her coverage, I’ve discovered that not only is edtech less dull than I anticipated, it’s actually somewhat interesting on a regular basis. This week, for example, India’s Byju bought WhiteHat Jr., another Indian edtech […]

The rules of VC are being broken

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. As ever I was joined by TechCrunch managing editor Danny Crichton and our early-stage venture capital reporter Natasha Mascarenhas. We had Chris on the dials and a pile of news to get through, so we […]

Facebook extends coronavirus work from home policy until July 2021

Facebook has joined Google in saying it will allow employees to work from home until the middle of next year as a result of the coronavirus pandemic. “Based on guidance from health and government experts, as well as decisions drawn from our internal discussions about these matters, we are allowing employees to continue voluntarily working […]

Mashroom raises £4M for its ‘end-to-end’ lettings and property management service

Mashroom, the London proptech that offers an “end-to-end” lettings and property management service, has raised £4 million in new funding. Backing comes from existing unnamed private investors and matched funding from the U.K. taxpayer-funded Future Fund. It brings total funding to date for the company to £7 million. Pitching itself as going “beyond the tenant-finding […]

Netflix’s latest effort to make inroads in India: Support for Hindi

Only about 10% of India’s 1.3 billion people know English. Yet, scores of firms operating in the country offer their services only in English in the country. Netflix, one such company, said on Friday it’s aiming to break through that language barrier. The American on-demand video streaming giant today rolled out support for Hindi, a […]

Trump signs executive orders banning transactions with TikTok and WeChat

President Donald Trump signed an executive order on Thursday banning transactions with ByteDance, the parent company of popular app TikTok . The White House also announced that he signed a similar order banning transactions with Tencent-owned WeChat, a messaging app that is ubiquitous in China, but has a much smaller presence than TikTok in the […]

Security Release: Laravel 6.18.34, 7.23.2

Today we released a security patch for Laravel 6.x and 7.x. In previous releases of Laravel, it was possible to mass assign Eloquent attributes that included the model's table name: ``` $model->fill(['users.name' => 'Taylor']); ``` ...

Daily Crunch: Twitter and Facebook take action against Trump

Facebook and Twitter are taking a stronger stand against pandemic misinformation, we preview the latest version of macOS and a mental health startup raises $50 million. Here’s your Daily Crunch for August 6, 2020. The big story: Twitter, Facebook take action against Trump misinformation Facebook and Twitter both took action against a post from President […]

Uber’s delivery business is now larger than ride-hailing

Uber reported its second-quarter earnings Thursday and buried in the blizzard of less-than-rosy numbers is a stunning figure that illustrates how much the company has changed during the COVID-19 pandemic. Uber’s delivery business — better known as Uber Eats — is now bigger than its original and core ride-hailing division, based on adjusted net revenue. […]

Security bugs let these car hackers remotely control a Mercedes-Benz

Few could ever forget back in 2015 when security researchers Charlie Miller and Chris Valasek remotely killed a Jeep’s engine on a highway with a Wired reporter at the wheel. Since then, the car hacking world has bustled with security researchers looking to find new bugs — and ways to exploit them — in a […]

Uber shares drop 4% after it loses more money than expected in Q2

Today after the bell, American ride-hailing giant Uber released its second quarter results. The company’s revenue fell compared to both the year-ago quarter (Q2 2019), and the sequentially-preceding period (Q1 2020). Investors had anticipated Uber’s declines due to COVID-19, and the company had spent time earlier this year assuring the investing public that it had […]