Business

Padmasree Warrior, CEO of NextEV, took the stage at the 2016 Los Angeles Auto Show to make a case for car 3.0. Noting the car of the future is likely to be electric and connected is not radical, but Warrior’s assertion that individual ownership of cars is not going to …

Hyperloop One tells TechCrunch it has just settled an ongoing lawsuit brought against the company by its former co-founder Brogan BamBrogan and several former employees. BamBrogan, David Pendergast, William Mulholland and Knut Sauer filed the lawsuit against the company this summer, claiming the technology they built was being “strangled” by the venture capitalists …

Memphis Meats sizzled onto the startup stage earlier this year with a lab-grown meatball. Now, it’s entertaining the idea of growing other meats — including turkey. The startup has created an Indiegogo campaign to save some of the nearly 50 million birds from the slaughter each Thanksgiving by educating the public …

Grab, Uber’s archrival in Southeast Asia, is losing its first CFO just seven months after her appointment, the company confirmed. Linda Hoglund joined Singapore-based Grab from video streaming company HOOQ in May, where she had also been CFO, but four-year-old Grab announced her departure internally as part of a reshuffle of its financial …

Singapore’s Jungle Ventures today confirmed the final close of its newest $100 million fund for investments in Southeast Asia. The firm announced plans for the fund, which is its second, in September 2015 when it completed a first close. It represents a big step up from the first debut $10 million, …

Amazon’s popular Snowball storage container got a major update today at the company’s re:invent conference. Though largely overshadowed by the new batshit crazy AWS Snowmobile, the aforementioned Snowball will be getting a storage increase to 100 terabytes in addition to computing functionality. Users of the new Snowball Edge will be …

Big tech companies have been creating accelerators left and right to evangelize their brands and get developers engaged with APIs and other open-source efforts. Today, Amazon joined the crowd by announcing a new program for startups developing conversational AI. This is Amazon’s first foray into the world of accelerator programs, though …

Hyperloop Transportation Technologies (HTT), the counterpart startup to Hyperloop One, which is also building a prototype of Elon Musk’s hyperloop system, says it has raised a little over $108 million dollars to build the tech aiming to zip us from San Francisco to Los Angeles in under half an hour. …

AngelList, the LinkedIn for startups, just bought Product Hunt, the platform where people vote up or down on startup products. Product Hunt declined to comment on the selling price but a source close to the matter tells us it was about $20 million. Recode first reported that same price.  Product …

Covering a red carpet isn’t usually a skill in the repertoire of tech journalists, but it’s also not every day that you get to see Vin Diesel and Kevin Durant on the same stage as Mark Zuckerberg, Priscilla Chan and Sergey Brin. If the White House Correspondents’ Dinner is nerd prom, the Breakthrough Prize Ceremony is …