Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate and Alex were back at TechCrunch’s San Francisco HQ to huddle over the week’s biggest news story: WeWork’s infamous CEO exiting his role. Adam Neumann is now merely the non-executive chairman of …
Read More »Remagine secures $35M fund backed by media giants to focus on entertainment and media tech
Remagine Ventures is a relatively new European VC fund which focuses on investments in entertainment tech, including AI, gaming, sports eSports, AR/VR, consumer and commerce. It’s now completed $35 million in funding from a number of entertainment and media corporations, including Axel Springer and ProsiebenSat1, Japanese Adways and American Liontree …
Read More »California passes landmark bill that requires Uber and Lyft to treat their drivers as employees
California legislators have passed a bill that would treat workers at so-called gig economy companies such as Uber and Lyft as employees, giving them access to improved wage and benefit protections. The 29-11 vote passed on late Tuesday sends the bill — dubbed Assembly Bill 5, or AB5 — back …
Read More »Startups Weekly: Part & Parcel plans plus-sized fashion empire
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Stripe’s grand plans. Before that, I noted Peloton’s secret weapons. Remember, you …
Read More »Tesorio raises $10M Series A to help companies track their cash flow
Tesorio, a startup that helps businesses aggregate and analyze their cash flow data, today announced that it has raised a $10 million Series A round led by Seattle’s Madrona Venture Group. Existing investors First Round Capital, Floodgate, Y Combinator, Fathom Capital and Fuel Capital participated. This brings Tesorio’s total …
Read More »DeepMind Co-Founder Mustafa Suleyman Placed on Leave
Artificial intelligence and machine learning are transforming the technology industry, which is why Google dropped $650 million on UK-based DeepMind in 2014. DeepMind co-founder Mustafa Suleyman has been at the heart of the company’s research and industry outreach efforts, but now he’s mysteriously been placed on leave from the …
Read More »Amazon’s Scout robots roll out in Southern California | VentureBeat
It won’t be long before Scout, Amazon’s autonomous delivery robot, starts roving the streets and sidewalks of neighborhoods across the country. Amazon announced that this week, its driverless rovers will begin ferrying packages to select customers’ doorsteps in portions of Irvine, California. “While in the Pacific Northwest, Scout has experienced …
Read More »Healthcare startups struggle to navigate a business world that’s set up for them to fail
Justin Barad, MD is the co-founder and CEO of Osso VR, a clinically validated and award-winning surgical training platform. Dr. Barad is also an orthopaedic surgeon with a bioengineering degree from UC Berkeley, and an MD from UCLA. Digital health startups seem to be struggling to the point of failure. …
Read More »Optimus Ride’s autonomous system makes self-driving vehicles a reality
Some of the biggest companies in the world are spending billions in the race to develop self-driving vehicles that can go anywhere. Meanwhile, Optimus Ride, a startup out of MIT, is already helping people get around by taking a different approach. The company’s autonomous vehicles only drive in areas it …
Read More »If You Want Engaged Employees, Offer Them Stability
Stephanie Rau/Getty Images Most of us find it challenging to do our best work when our work environment feels unstable. For example, if you find yourself in the midst of an organizational change, your psychological resources — such as resilience and optimism — may be stretched to the limit. If …
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