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  • Silicon Valley can fight systemic racism by supporting Black-owned businesses June 5, 2020
    Will Walker Contributor Will Walker is a JD candidate at Harvard Law School, and a contributing author to "Incomprehensible!: A Study of How Our Legal System Encourages Incomprehensibility, Why It Matters and What We Can Do About It". As the United States sees its second week of large-scale protests against police brutality, it’s painfully clear […]
    Walter Thompson
  • Reliance Jio Platforms to sell additional $600 million stake to Silver Lake June 5, 2020
    Silver Lake is doubling down its bet on India’s Reliance Jio Platforms. The U.S. private equity firm said Friday it is buying an additional stake worth $600 million in the top Indian telecom operator, which has now raised $12.2 billion in less than two months at the height of a global pandemic. The Menlo Park-headquartered […]
    Manish Singh
  • Join Eventbrite CEO Julia Hartz for a live Q&A: June 11 at 3 pm EST/Noon PDT/7 pm GMT June 5, 2020
    One of the earliest disruptions created by the novel coronavirus manifested in the form of event cancellations. Some of the world’s biggest tech conferences, like F8 and Google NEXT, got postponed and others turned to digital options to still connect. Even Disrupt is going digital this year. It is an unprecedented time for the events […]
    Natasha Mascarenhas
  • Daily Crunch: Twitter has a record week June 5, 2020
    Twitter sees record downloads, Signal adds a new face-blurring feature and Facebook rethinks its approach to government-backed media. Here’s your Daily Crunch for June 5, 2020. 1. Twitter has a record-breaking week as users looked for news of protests and COVID-19 Civil unrest due to the nationwide George Floyd protests drove Twitter to a record […]
    Anthony Ha
  • UK’s COVID-19 health data contracts with Google and Palantir finally emerge June 5, 2020
    Contracts for a number of coronavirus data deals that the U.K. government inked in haste with U.S. tech giants, including Google and Palantir, plus a U.K.-based AI firm called Faculty, have been published today by openDemocracy and law firm Foxglove — which had threatened legal action for withholding the information. Concerns had been raised about […]
    Natasha Lomas
  • What grocery startup Weee! learned from China’s tech giants June 5, 2020
    When Larry Liu moved to the U.S. in 2003, one of the first challenges he experienced was the lack of Chinese ingredients available in local groceries. A native of Hubei, a Chinese province famous for its freshwater fish and lotus-inspired dishes, Liu got by with a limited supply found at local Asian groceries in the […]
    Rita Liao
  • Big tech should create a national service program to make the US more united June 5, 2020
    Our tech giants can jointly pull off the largest pivot in Silicon Valley history to start the American Service Corps. This lofty idea may sound impractical, but it is within their reach.
    Walter Thompson
  • How to get the most from your corporate VC after you get the check June 5, 2020
    As with many business partnerships, the key to creating an initial relationship that’s built to last is setting expectations at the outset.
    Walter Thompson
  • 15 things founders should know before accepting funding from a corporate VC June 5, 2020
    Here’s a list of the top 15 things every founder should know before signing a term sheet with a CVC.
    Walter Thompson
  • As Bandcamp waives fees again, labels donate their portion to justice programs June 5, 2020
    There’s a decent chance buying music is the furthest thing from your mind right now, and I can’t say I blame you. Here in the States, 108,000 people are dead due to COVID-19, and protests against the killing of George Floyd raged on for an eighth night. Neither of these society-shaping events are set to […]
    Brian Heater
  • The IPO window is open (again) June 5, 2020
    Whether or not you feel that this SaaS player was worth the revenue multiple its original, $8 billion valuation dictated, the message was clear: the IPO window is open.
    Alex Wilhelm
  • A message from the Equity crew June 5, 2020
    Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week, however, the Equity crew (Danny, Natasha, Chris, and Alex) agreed it felt silly to drum up false enthusiasm for funding rounds and startups. Instead, we talked about a more critical topic: systemic racism in the United […]
    Natasha Mascarenhas
  • Slack’s new integration deal with AWS could also be about tweaking Microsoft June 5, 2020
    Slack and Amazon announced a big integration late yesterday afternoon. As part of the deal, Slack will use Amazon Chime for its call feature, while reiterating its commitment to use AWS as its preferred cloud provider to run its infrastructure. At the same time, Amazon has agreed to offer Slack as an option for all […]
    Ron Miller
  • Budget devices are still the heart of Motorola’s portfolio June 5, 2020
    People were already buying fewer handsets well before COVID-19 came into our lives. Now that the pandemic has impacted most of the world, however, those figures have taken an even more sizable dip — with shipments down 12% by the latest count. Budget devices have managed to hold firm in some markets, however, as consumers […]
    Brian Heater
  • YC-backed Tajir raises $1.8M to help mom-and-pop stores source inventory in Pakistan June 5, 2020
    A number of high-profile firms and startups have set up logistics networks in India in the last decade as they attempt to digitize neighborhood stores. Bangalore-headquartered startup Udaan, for instance, works directly with brands and sellers to source inventory and sells and delivers it to stores through its business-to-business marketplace. It’s a big opportunity. Most […]
    Manish Singh
  • PhotoRoom automagically removes background from your photo June 5, 2020
    Meet PhotoRoom, a French startup that has been working on a utility photography mobile app. The concept is extremely simple, which is probably the reason why it has attracted a ton of downloads over the past few months. After selecting a photo, PhotoRoom removes the background from that photo and lets you select another background. […]
    Romain Dillet
  • Africa’s top angel Tomi Davies eyes startups and co-investors June 5, 2020
    When Nigerian angel investor Tomi Davies backed his first company — Strika Entertainment in 2001 — he admits he wasn’t aware of his future role. “I was just helping out friends. I didn’t know it was angel investing. I didn’t know there was a structure to it,” he said. Seven years later, Davies received a […]
    Jake Bright
  • India’s Reliance Jio Platforms to sell $1.2 billion stake to Mubadala June 5, 2020
    Abu Dhabi-based sovereign firm Mubadala has become the latest investor in Mukesh Ambani’s Reliance Jio Platforms, joining five American firms, including Facebook and Silver Lake, that have secured stakes in India’s biggest telecom operator at the height of a once-in-a-century global pandemic. Mubadala said it had agreed to invest $1.2 billion in Reliance Jio Platforms […]
    Manish Singh
  • Here’s what is driving GM’s reported plans to develop a commercial electric van June 5, 2020
    GM’s electric offensive to bring at least 20 new EVs to market by 2023 reportedly includes a commercial van. Reuters reported Thursday that the company is developing an electric van for the commercial market. Code-named BV1, the vehicle is expected to start production in late 2021 and will use the Ultium battery system that was […]
    Kirsten Korosec
  • Ethena raises $2 million in seed funding for smarter anti-harassment software June 4, 2020
    Corporate harassment training is often defined by mandatory annual workshops, stock photo-ridden curricula and, often, outdated scenarios. Harvard graduates Roxanne Petraeus and Anne Solmssen think there’s a business in doing better than that. The duo co-founded Ethena, a software-as-a-service startup that sells anti-harassment training software that is more comprehensive and flexible than the status quo. […]
    Natasha Mascarenhas