Category: Business

Home Business
Post

This Week in Apps: WWDC 21 highlights, Instagram Creator Week recap, Android 12 beta 2 arrives

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices...

Post

The rapid hard-tech emergence

Garrett Winther Contributor Garrett Winther is a partner and program director at HAX, SOSV’s venture program for hard tech. An engineer by training, venture builder by trade, he is bringing hard-tech ventures to life at SOSV, IDEO and MIT. When I joined the team at SOSV’s HAX, a venture program designed to help early-stage hardware...

Post

UBS investment makes Byju’s the most valuable startup in India

Edtech giant Byju’s has become the most valuable startup in India after raising about $350 million in a new tranche of investment from UBS Group and Zoom founder Eric Yuan, Blackstone and others that valued the Bangalore-based firm at $16.5 billion (post-money). In a new filing, Byju’s revealed that scores of investors including Abu Dhabi...

Post

The air taxi market prepares to take flight

Twelve years ago, Joby Aviation consisted of a team of seven engineers working out of founder JoeBen Bevirt’s ranch in the Santa Cruz mountains. Today, the startup has swelled to 800 people and a $6.6 billion valuation, ranking itself as the highest-valued electric vertical take-off and landing (eVTOL) company in the industry. As in any...

Post

The rise of robotaxis in China

AutoX, Momenta and WeRide took the stage at TC Sessions: Mobility 2021 to discuss the state of robotaxi startups in China and their relationships with local governments in the country. They also talked about overseas expansion — a common trajectory for China’s top autonomous vehicle startups — and shed light on the challenges and opportunities...

House lawmakers introduce five bipartisan bills to unwind tech monopolies
Post

House lawmakers introduce five bipartisan bills to unwind tech monopolies

On Friday, House Democrats introduced five new bills meant to chip away at the power of big tech companies, targeting a variety of practices that antitrust advocates say are stifling competition. These measures are the House Judiciary Committee’s historic, 16-month long investigation into the business tactics of companies like Apple, Amazon, Facebook, and Google. With...