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Revolutionize
Enhance
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A report from The Wall St. Journal today claims Amazon is preparing to open a new chain of grocery stores across the U.S. that won’t be associated with Whole Foods. The retailer is expected to open the first of these stores in L.A., possibly by the end of 2019, and has signed leases for at […]
Sam Angus has been a lawyer in Silicon Valley since the 1990s. Today, he represents some of the biggest names in the startup world, from their earliest days through acquisitions and IPOs, and including four acquisitions last year: TSheets, GitHub, Glint and HelloSign. But his startup experience actually goes back to the 1980s, when he […]
After years of development and delays, SpaceX’s Crew Dragon is ready to launch into orbit. It’s the first commercially built and operated crewed spacecraft ever to do so, and represents in many ways the public-private partnership that could define the future of spaceflight. Launch is set for just before midnight Pacific time — 2:49 Eastern […]
In Lyft’s S-1 this morning, the company laid out the potential consequences for converting its drivers from independent contractors to W-2 employees. This, of course, has been an ongoing conversation within the gig economy. Those who work as 1099 contractors can set their own schedules, and decide when, where and how much they want to […]
Tristan O’Tierney, a co-founder of the payments company Square, has passed away at age 35. According to the San Francisco Chronicle, O’Tierney died last weekend in Florida of addiction-related causes after a hospital was unable to revive him. In the Chron’s piece, it reports that Square co-founders Jack Dorsey and Jim McKelvey hired O’Tierney to […]
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Tesla closing retail stores in shift to online-only sales strategy Tesla is moving all its sales online, a dramatic shift in […]
Hardworking drivers, rejoice! As part of Lyft’s initial public offering, the transportation company is deciding to reward the drivers who form the backbone of the company’s core service. The program will give a maximum cash bonus of $10,000 to drivers “in good standing” who have completed at least 20,000 rides as of February 25, 2019. […]
Be warned, YouTube creators: making videos about the latest viral hoax, the “Momo challenge,” will not make you money. Over the past couple of days, the Momo challenge has gone viral once again, leading to a sharp increase news coverage and the number of YouTube videos discussing the topic of the creepy character and the […]
The day has finally come. U.S. ridehailing giant Lyft has unveiled its S-1, the official document required by the Securities and Exchange Commission to go public. The San Francisco-headquartered business will debut on the Nasdaq stock exchange under the ticker symbol “LYFT.”  JPMorgan Chase & Co., Credit Suisse Group AG and Jefferies Financial Group Inc. will lead […]
After years of promises, 5G finally arrived at MWC 2019 — kind of, sort of. Barcelona served as the launching pad for several 5G handsets, set to arrive later this year. Though your actual 5G mileage may vary. Foldable displays, another long-promised smartphone tech, also had its moment in the sun. Several companies debuted foldable […]
