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  • Startups Weekly: Tech layoffs spread (a bit) January 25, 2020
    Are January layoffs just a few post-WeWork jitters? TechCrunch has found itself writing about layoffs at a few notable tech companies this week — and not just Softbank-backed ones. The focus is very much profits, as Alex Wilhelm summed up on Thursday, especially after the failed WeWork IPO and subsequent valuation and headcount decimation. We’ll […]
    Eric Eldon
  • This Week in Apps: Apple antitrust issues come to Congress, subscription apps boom, Tencent takes on TikTok January 25, 2020
    Welcome back to ThisWeek in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever with a record 204 billion downloads in 2019 and $120 billion in consumer spending in 2019, according to App Annie’s recently released […]
    Sarah Perez
  • Samasource CEO Leila Janah passes away at 37 January 25, 2020
    The startup community has lost another moral leader today. Leila Janah, a serial entrepreneur who was the CEO and founder of machine learning training data company Samasource, passed away at the age of 37 due to complications from Epithelioid Sarcoma, a form of cancer, according to a statement from the company. She focused her career on […]
    Danny Crichton
  • Clayton Christensen, author of “The Innovator’s Dilemma,” has passed away at age 67 January 25, 2020
    Clayton Christensen, a longtime professor at Harvard Business School who became famous worldwide after authoring the best-selling business book, “The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail,” passed away last night. The Deseret News reported earlier today that the cause tied to complications from leukemia treatments that Christensen was receiving in Boston. […]
    Connie Loizos
  • Vine reboot Byte officially launches January 25, 2020
    Two years after Vine’s co-founder Dom Hofmann announced he was building a successor to the short-form video app, today Byte makes its debut on iOS and Android. Byte lets you shoot or upload and then share six-second videos. The tiny time limit necessitates no-filler content that’s denser than the maximum 1-minute clips on TikTok. Byte […]
    Josh Constine
  • As the venture market tightens, a debt lender sees big opportunities January 24, 2020
    David Spreng spent more than 20 years in venture capital before dipping his toe into the world of revenue-based financing and realizing there was a growing appetite for alternatives to venture capital. Indeed, since forming debt-lending company Runway Growth Capital in mid-2015, Spreng has been busy writing checks to a variety of mostly later-stage companies […]
    Connie Loizos
  • Google backtracks on search results design January 24, 2020
    Earlier today, Google announced that it would be redesigning the redesign of its search results as a response to withering criticism from politicians, consumers and the press over the way in which search results displays were made to look like ads. Google makes money when users of its search service click on ads. It doesn’t […]
    Jonathan Shieber
  • The Pentagon pushes back on Huawei ban in bid for ‘balance’ January 24, 2020
    Huawei may have just found itself an ally in the most unexpected of places. According to a new report out of The Wall Street Journal, both the Defense and Treasury Departments are pushing back on a Commerce Department-led ban on sales from the embattled Chinese hardware giant. That move, in turn, has reportedly led Commerce […]
    Brian Heater
  • Kraftful raises $1M to help smart home companies make better apps January 24, 2020
    If a thousand companies make their own smart light bulb, do a thousand companies also have to design a light switch app to control them? Kraftful, a company out of Y Combinator’s Summer 2019 class, doesn’t think so. Kraftful builds the myriad components that an IoT/smart home company might need, puzzle piecing them together into […]
    Greg Kumparak
  • A founder’s guide to recession planning for startups January 24, 2020
    Founders can’t afford to wait until the midst of a downturn to figure out their game plans.
    Walter Thompson
  • Daily Crunch: Goldman Sachs calls for diverse boards January 24, 2020
    The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Goldman Sachs says it won’t take startups public without at least one ‘diverse’ director; it should go further CEO David Solomon told […]
    Anthony Ha
  • UPDATE: Los Angeles-based CREXi raises $30 million for its online real estate marketplace January 24, 2020
    Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region. It’s one of the reasons that CREXi, the commercial real estate marketplace, was able to establish […]
    Jonathan Shieber
  • German football league Bundesliga teams with AWS to improve fan experience January 24, 2020
    Germany’s top soccer (football) league, Bundesliga, announced today it is partnering with AWS to use artificial intelligence to enhance the fan experience during games. Andreas Heyden, executive vice president for digital sports at the Deutsche Fußball Liga, the entity that runs Bundesliga, says that this could take many forms, depending on whether the fan is […]
    Ron Miller
  • Most tech companies aren’t WeWork January 24, 2020
    Much attention has been focused on big-burn “software-enabled” startups, but most tech IPOs in the last few years have been SaaS startups.
    Walter Thompson
  • What’s the right pace for raising capital? January 24, 2020
    How much is too much too early? What amount of capital raise is typical for comparable peers? How capital-efficient are the best-in-class companies?
    Walter Thompson
  • An adult sexting site exposed thousands of models’ passports and driver’s licenses January 24, 2020
    A popular sexting website has exposed thousands of photo IDs belonging to models and sex workers who earn commissions from the site. SextPanther, an Arizona-based adult site, stored more than 11,000 identity documents on an exposed Amazon Web Services (AWS) storage bucket, including passports, driver’s licenses and Social Security numbers, without a password. The company […]
    Zack Whittaker
  • The App Store is down [Update: It’s back] January 24, 2020
    [Update: The App Store has returned. Back to your regularly scheduled Fridays.] Midday on Friday it appeared that Apple’s App Store, a critical piece of the digital and mobile economies, struggled with uptime issues. Apple’s own status page indicated that the application vendor was having an “ongoing” issue that affected “some users.” The company said […]
    Alex Wilhelm
  • Goldman Sachs’ new board member diversity rule misses the mark January 24, 2020
    Goldman Sachs CEO David Solomon recently said the investment bank won’t take companies public that don’t have at least one board member from an underrepresented group. The main focus will be on female board members, he told CNBC, because companies that have gone public in the last four years with at least one woman on their […]
    Megan Rose Dickey
  • Early-bird savings end next Friday on tickets to Robotics+AI 2020 January 24, 2020
    TechCrunch Sessions: Robotics+AI 2020 is gearing up to be one amazing show. This annual day-long event draws the brightest minds and makers from these two industries — 1,500 attendees last year alone. And if you really want to make 2020 a game-changing year, grab yourself an early-bird ticket and save $150 on tickets before prices […]
    Emma Comeau
  • Vivo beats Samsung for 2nd spot in Indian smartphone market January 24, 2020
    Samsung, which once led the smartphone market in India, slid to the third position in the quarter that ended in December, even as the South Korean giant continues to make major bets on the rare handset market that is still growing. 158 million smartphones shipped in India in 2019, up from 145 million the year before, […]
    Manish Singh