TechCrunch Industry News

IBM confirmed reports from over night that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. “IBM’s work in a highly competitive marketplace requires […] Learn more about your ad choices. Visit podcast...

In the days and weeks after Tesla CEO Elon Musk revealed the cybertruck — a post-apocalyptic inspired vehicle made of cold-rolled steel — there was a lot of speculation about whether it would be smaller once it actually made it to market. Production of the Cybertruck is still a long ways off. There isn’t even […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tuca & Bertie was wonderful. It was a hilarious and heartfelt examination of adult relationships, coupled with whimsical animated visuals. And like most good things in this world, it was simple too beautiful to live. The Netflix series, which starred comedians Tiffany Haddish and Ali Wong and two mismatched bird best friends was canceled after […] Learn more about your ad choices. Visit podcastcho...

Magic Leap has reportedly received a $350 million lifeline, a month after slashing 1,000 jobs and dropping its consumer business. Noted by Business Insider and confirmed by The Information, CEO Rony Abovitz sent a note to staff announcing the funding, courtesy of unnamed current and new investors. The who — and more importantly, why — […] Learn more about your ad choices. Visit podcastchoices.com/...

Fast-growing fintech behemoth Brex is raising big money as its customer base itself — high-growth and spendy startups — is struggling. The company, which sells a credit card tailored for startups, today announced that it has raised $150 million in a Series C extension from a group of existing investors, including DST Global and Lone […] Learn more about your ad choices. Visit podcastchoices.com/ad...

Over the years I’ve seen hundreds, probably thousands, of data breach notifications warning that a company’s data was lost, stolen or left online for anyone to grab. Most of them look largely the same. It’s my job to decode what they actually mean for the victims whose information is put at risk. Data breach notifications […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Twitter today acknowledged that it’s begun testing a new setting that let users limit who can reply to tweets. The setting was first noted earlier this year. Similar to Facebook’s post view settings, the current implementation features a small glove icon in the corner. Tapping on it brings up a “Who Can Reply?” window. From […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Polestar’s first U.S. retail stores will open in Los Angeles, New York City and two locations in San Francisco later this year — the latest milestone for the automaker as it gets closer to bringing its all-electric vehicle to market. Polestar, which is jointly owned by Volvo Car Group and Zhejiang Geely Holding of China, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

When he was still running Microsoft, Steve Ballmer caused quite the stir in the tech world by screaming “Developers! Developers! Developers!” Since the executive retired to spend more time with his basketball team, however, the tech giant’s current CEO is decidedly more…subtle in his approach. In the kickoff keynote to the first all-virtual build conference, […] Learn more about your ad choices. V...

Samsung’s in-house incubator C-Lab has produced some of the more fascinating hardware devices in recent memory. Previous graduates have run the gamut from smart belts to augmented reality. The Samsung staff’s pet projects are not always the most practical, but they’re never not interesting. Per usual, the latest batch of graduates from the 9.5-year-old incubator […] Learn more about your ad choice...

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-based startup called Alibaba. That $20 million investment into the Chinese ecommerce business would go on to be worth about $120 billion […] Learn more about your ad choices. Visit podcastchoices.com/adc...

Chris and Alex Naoumidis came to hypnotherapy through dresses. As The New York Times reported last year, the two brothers initially started their careers as startup entrepreneurs with a peer-to-peer dress-sharing app for women. The Australian natives, overcome with doubt, about their ability to succeed in startupland and when apps didn’t work, their father suggested […] Learn more about your ad ch...

Back in March, Headspace announced that it would offer free content to all COVID-19 frontline responders. Now the meditation app is expanding the offer to include all unemployed people in the U.S. You can go here to sign up, by entering information on your most recent job, including the employer’s name and the date you […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cruise, the self-driving car subsidiary of GM that also has backing from SoftBank Vision Fund, automaker Honda and T. Rowe Price & Associates, is laying off nearly 8% of its more than 1,800-member workforce today as it tries to reduce costs during the COVID-19 pandemic. The layoffs will affect employees in Cruise’s product, marketing and […] Learn more about your ad choices. Visit podcastchoices.c...

France’s lower chamber of the parliament has voted in favor of a controversial law against hate speech on social networks and online platforms. As I described last year, online platforms will have to remove illicit content that has been flagged within 24 hours. Otherwise, companies will have to pay hefty fines every time they infringe […] Learn more about your ad choices. Visit podcastchoices.com/...

So, an eight-year product veteran from Facebook and an internationally renowned barista walk into a coffee bar… It’s not a joke. It’s the origin story for Taika, a new startup that’s aiming to bring natural stimulants to the masses through its juiced up coffee-beverages. The two co-founders, Michael Sharon, an eight-year veteran of Facebook’s mobile […] Learn more about your ad choices. Visit podc...

I’ve been following the Nura story since the Australian startup brought an unfinished prototype of its first headphones to our offices four years back. When I finally had the opportunity to review the Nuraphones the following year, I put the noise-adapting headphones at the top of my list of 2017’s best gadgets. There was a […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Quibi founder Jeffrey Katzenberg is admitting that the short-form video service’s launch hasn’t gone the way he’d hoped — and he knows what to blame for its issues. “I attribute everything that has gone wrong to coronavirus,” Katzenberg said in an interview with The New York Times. “Everything. But we own it.” Back in April, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Uber is in talks to buy GrubHub in an all-stock deal, The Wall Street Journal reports. This comes a few months after reports emerged that GrubHub was looking to sell Uber, DoorDash and others. According to the report, Uber approached GrubHub earlier this year with an offer, but the two companies are still in talks. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Spotify is today introducing a new feature, Group Session, that will allow two or more of its Premium users in the same space to share control over they music being played. Essentially a “party mode” of sorts, Group Session participants can control what’s playing in real-time as well as contribute to a collaborative playlist for […] Learn more about your ad choices. Visit podcastchoices.com/adchoi...

Yubico, a maker of security keys, has launched a new service that lets enterprise customers ship its YubiKey security keys directly to their employees, partners and customers — even to their homes. The service, dubbed YubiEnterprise Delivery, is a cloud-based dashboard that is available from anywhere. IT staff can log in, check their inventory levels […] Learn more about your ad choices. Visit pod...

The original Go was a mostly well-received addition to the Surface line when it arrived in late 2018. It was a nice, pint-sized alternatively, positioned fairly well to serve as a secondary device for some. It did the convertible double duty and traveled well, but otherwise was lacking in guts and versatility. Launching at the […] Learn more about your ad choices. Visit podcastchoices.com/adchoice...

Since announcing the commercial availability of Spot, Boston Dynamics has presented a factotum of different gigs for the robot, from construction to telepresence. Last month, the company announced that it was partnering with local hospitals interested in using the platform to perform remote visits for COVID-19 victims. Turns out the global pandemic has spurred all […] Learn more about your ad choi...

Fresh off of a large round of layoffs, Lyft reported its Q1 results this afternoon. The ride-hailing company disclosed that it generated revenue of $955.7 million in the first three months of 2020, up 23% from its year-ago Q1 revenue result of $776 million. The company’s net loss of $398.1 million was also an improvement […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

With the new MacBook, Apple closes one of the more unfortunate product chapters in its history. The upgraded 13-inch mercifully marks the end of the failed five-year experiment that was the butterfly switch. I won’t go into too much detail here. If you’ve purchased a MacBook in the past several years, you almost certainly know […] Learn more about your ad choices. Visit podcastchoices.com/adchoice...