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The Latest

Former Andreessen Horowitz partner Benedict Evans joins EF as Venture Partner

Entrepreneur First (EF), the London-headquartered “talent investor” that backs individuals pre-team and pre-idea to enable them to found startups, has appointed former Andreessen Horowitz partner

Arculus raises €16M to upgrade assembly lines with its ‘modular production platform’

Arculus, the Ingolstadt, Germany-based startup that has developed a “modular production platform” to bring assembly lines into the 21st century, has raised €16 million in Series A invest

Pennylane is an accounting service that improves your financial visibility

Meet Pennylane, a new French startup that is a building a full-stack service to deal with your financial data. With Pennylane, you get a real-time view of your financial data and you don’t have to w

SoftBank reportedly plans to sell about $20 billion of its T-Mobile shares

SoftBank Group Corp. is currently seeking buyers for about $20 billion of its shares in T-Mobile US, according to reports in the Wall Street Journal and Bloomberg. If the proposed sale goes through, i

With 170M users, Bilibili is the nearest thing China has to Youtube

Bilibili, a Chinese video streaming website that was once regarded as a haven for youth subculture, has been steadily making its way into the mainstream as users age up and content diversifies. The NA

36M Americans have filed for unemployment, but (some) tech firms are still hiring

Last week, U.S. unemployment claims hit 36 million over a two-month period. The results of pandemic-led closures have been devastating to innumerable industries, as the timeline to reopen remains unce

With stadiums closed, TV networks turn to live esports broadcasts

Two years from now, people will look back at 2020's COVID-19 lockdown as a pivot point in esports’ development.

Disney streaming exec Kevin Mayer becomes TikTok’s new CEO

Kevin Mayer, head of The Walt Disney Company’s direct-to-consumer and international business, is departing to become CEO of TikTok, as well as COO of the popular video app’s parent company

Arm’s financials and the blurring future of the semiconductor sector

Amidst the blitz of SoftBank earnings news today comes the financials for all of SoftBank’s subsidiaries, which includes Arm Holdings, the most important chip design and research company in the worl

Google is piloting a simpler Nest Hub Max interface at retirement homes

Last week, Mount Sinai showcased how it’s started using Nest devices to monitor patients remotely. Today, Google’s showing off how the Nest Hub Max is helping retirement home residents feel a litt

Verizon wraps up BlueJeans acquisition lickety split

When Verizon (which owns this publication) announced it was buying video conferencing company BlueJeans for around $500 million last month, you probably thought it was going take awhile to bake, but t

What SoftBank’s Vision Fund results tell us about troubled startup sectors

A famous investor published notes today concerning its startup investments, detailing where they excelled and where they struggled. To understand why we care about this particular investor’s res

As Jack Ma and SoftBank part ways, the open and globalized era of tech comes ever closer to an end

It would be one of the greatest startup investments of all time. Masayoshi Son, riding high in the klieg lights of the 1990s dot-com bubble, invested $20 million dollars into a fledgling Hong Kong-bas

Daily Crunch: Apple Stores begin to reopen

Apple outlines new safety measures as it reopens stores, Huawei responds to new U.S. chip curbs and Jack Ma departs SoftBank’s board of directors. Here’s your Daily Crunch for May 18, 2020

SoftBank’s Q1 2020 earnings presentation mixes comedy and drama

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into SoftBank’s latest earnings slides. Not only

Uber lays off another 3,000 employees

Uber is laying off another 3,000 employees, the Wall Street Journal first reported. Uber is also closing 45 offices, and rethinking its approach in areas like freight and autonomous vehicle technology

Call for EU state aid rules to flex for startups

European startups are calling for more flexibility in EU state aid rules to allow national governments to provide liquidity for the region’s fledgling digital businesses during the COVID-19 cris

The first Vision Fund is officially done investing (and spent $100M every day of its existence)

There is a flurry of news out of SoftBank this morning, which announced its Fiscal Year 2019 (ending March 31, 2020) financial results overnight. It’s been a bad year for the Vision Fund, with huge

Oculus surpasses $100 million in Quest content sales

Despite a handful of devices and years of sales, Facebook has never shared unit sales of any of their VR headsets. Today, Oculus released a new sales figure as the company reaches the 1 year anniversa

Study launched into how startups will return to offices — will WFH continue?

A comprehensive study into how startups will work in the future, in the wake of the global COVID-9 pandemic, has been launched by UK non-profit Founders Forum. The initiative comes in the wake of a nu
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