Day: May 29, 2019

Maveron, a venture capital fund co-founded by Starbucks mastermind Howard Schultz, has closed on another $180 million to invest in early-stage consumer startups. The capital represents the firm’s seventh fundraise and largest to date. To keep the fund from reaching mammoth proportions, the firm’s general partners said they turned away more than $70 million amid […]

The FCC has officially issued this year’s Broadband Deployment Report, summarizing the extent to which the agency and industry have closed the digital divide in this country. But not everyone agrees with it: “The rosy picture the report paints about the status of broadband deployment is fundamentally at odds with reality,” said Geoffrey Starks in […]

We are very pleased to announce that the new and improved Crunchbase Unicorn Leaderboard re-launched today after nearly a year’s absence from TechCrunch. Venture investors did a lot of handwringing in the past year over rising valuations, but that did not slow the unicorn juggernaut, as 2018 outstripped all previous years in terms of the number […]

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. Uber will start deactivating riders with low ratings Uber drivers have been able to rate their passengers before this, but those […]

Last year, Salesforce chairman Marc Benioff mentioned, perhaps for the first time, his interest in the the blockchain. It was not known at the time if he was seriously interested, or if Salesforce would indeed offer a way to use the blockchain on the Salesforce platform. Today, a little over a year later, the company […]

Most of the buzz about esports focuses on high-profile professional teams and audiences watching live streams of those professionals. What gets ignored is the entire base of amateurs wanting to compete in esports below the professional tier. This is like talking about the NBA and the value of its sponsorships and broadcast rights as if […]

Just ahead of WWDC, Apple has launched a new App Store website in the hopes of better defending itself against recent antitrust and anti-competitive accusations. The website details how Apple runs its App Store, including how apps are curated and reviewed, and what business models are available to developers. It also features a section entitled […]

TC Sessions: Mobility 2019, TechCrunch’s day-long intensive event focused on the current and future state of mobility, takes place in San Jose, Calif. on July 10. More than 1,000 of the industry’s top technologists, founders, investors, engineers and researchers will join us to discuss, explore and demo transformational technologies that will have a profound effect […]

When it officially launches on Friday, New York City’s contactless fare pilot will have no shortage of options. Following similar announcements from Google and Apple, Fitbit just announced that its own mobile Pay system will work with the MTA program. Starting Friday, straphangers sporting a Fitbit Charge 3 Special Edition, Versa Special Edition or Fitbit […]

Kids gaming platform Roblox has its sights set on China with today’s news that it has entered into a strategic relationship with Chinese tech giant, Tencent. The companies announced a strategic partnership that will initially focus on education — specifically, coding fundamentals, game design, digital citizenship, and entrepreneurial skills. The joint venture — still unnamed […]