There’s a glimpse of hope in new media as Axios just raised $20 million less than a year after its launch, the Wall Street Journal reported. The company already had a pretty big list of investors, and most of the startup’s existing investors are putting more money into Axios. Existing investors Greycroft Partners and Lerer Hippeau […]
MoviePass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the U.S., is slashing its prices yet again. The company announced today it’s now offering its service for $6.95 per month, down from the current price of $9.95 per month, when customers commit to a one-year subscription […]
Walmart says that it intends to be among the first companies to pilot Tesla’s new all-electric Semi heavy-duty truck. The retailer told CNBC that it’s “excited to be among the first” to test the new vehicle, and to see how it might help them achieve “long-term sustainability goals” including decreasing their overall emissions footprint. The […]
So much for the holiday rush. Apple announced this morning that its premium HomePod smart speaker won’t be making the company’s initial December ship date. According to a brief statement issued by the company, the production process needs “a little more time” to bake. A spokesperson told TechCrunch, “We can’t wait for people to experience HomePod,… […]
The food-delivery on demand space continues to heat up in Europe. Today, Deliveroo, the London-based startup that at the end of September announced a Series F of $385 million at a valuation of over $2 billion, today announced it is adding another $98 million into the round, led by T. Rowe Price Associates and Fidelity Management & […]
Stitch Fix revised where it would price its IPO lower last night ahead of trading, and it looks like it helped approach the right sweet spot as a result when it made its debut today. The company saw around a 15% pop in its stock when it began trading this morning — the benchmark companies […]
Walmart is further expanding into same-day delivery with the help of its existing delivery partner, Deliv. The companies today announced they will now be working together to power same-day grocery delivery in the San Jose area, where users will be able to shop online then schedule deliveries from 8 AM to 8 PM, seven days […]
Tesla has delivered the ultimate fan car – a revamped version of its original Roadster, with crazy fast acceleration of 0 to 60 mph in just 1.9 seconds, 0 to 100 mph times of only 4.2 seconds, a top speed north of 250 mph and 621 miles of estimated range on a single charge. There’s […]
Spotify has made another acquisition as it continues to build out the services it offers to artists beyond basic streaming. It has acquired online music studio startup Soundtrap, the company announced via a blog post this morning. The three year-old company, based in Stockholm, is the maker of a freemium (paid and free) cloud-based, collaborative music […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week, the crew — Katie Roof and Alex Wilhelm — were joined by David Pakman, a partner at Venrock, who helped us dig through the news. And news there was. We first dug into the big Musical.ly deal, working to […]