Gett, the ridesharing company backed by Volkswagen and valued at around $1.5 billion, is putting the brakes on a major part of its growth strategy. Today, the company announced that it is closing down its operations in New York, which operates under the Juno brand, effective today. The company has substantial business serving enterprise customers […]
David Teten Contributor Share on Twitter David Teten is an advisor to emerging investment managers and a Venture Partner with HOF Capital. He was previously a partner for 8 years with HOF Capital and ff Venture Capital. David writes regularly at teten.com and @dteten. More posts by this contributor Should you raise equity venture capital […]
Venture capitalists often mutter, “I haven’t seen anything I like lately”. Founders frequently complain that “investors are back-seat drivers who won’t get their hands dirty.” A $55 million fund with a fresh approach is aiming to address both those issues. Steve Jang and Kanye Maquebla are two exceedingly smart and sweet guys who couldn’t help […]
BMW just took the wraps off its first purely electric premium mid-size sedan. Appropriately called the i4, the vehicle is powered by the company’s fifth-generation eDrive platform and is just part of the company’s upcoming onslaught of EVs. But put down the credit card. This car isn’t coming until late 2021 at the earliest. Right […]
On March 3 next year, TechCrunch will host the fourth annual TC Sessions: Robotics + AI at UC Berkely’s Zellerbach Hall. This time around we’re adding a new twist to the incredible line-up of speakers, breakout sessions and Q&As: It’s a pitch off for early-stage companies in the robotics and AI space. How it works: […]
Google Maps will soon begin testing a new feature that’s more common to social networks like Facebook, rather than a maps app: the ability to find and follow other users. In Google Maps’ case, it’s specifically rolling out the ability to follow top “Local Guides” — its community members who actively review business and share […]
BBQ legend Weber is getting into the connected cooking game with their new SmokeFire grill, which uses wood pellets for fuel and which incorporates technology developed by Weber in partnership with appliance startup June for WiFi-enabled smart cooking. The SmartFire grill, which will be available for pre-order in the U.S. starting on Cyber Monday and […]
When former SAP CEO Bill McDermott announced that he was stepping down in October after a decade in the position, it was pretty unexpected. He indicated at that point, he would stay until the end of the year to help with the transition to new leadership — then ServiceNow hired him to be its CEO just […]
At Microsoft’s Ignite conference this month, the company announced a new vision for its personal productivity assistant, Cortana — one which aimed to make it more useful in your day-to-day work, including email, but one which also saw Microsoft scaling its ambitions back from Cortana as a true Siri, Alexa or Google Assistant competitor. Now, […]
Looks like there’s still money to be made in news aggregation — at least according to the investors backing the news app SmartNews. The company is announcing the close of a $92 million round of funding at a valuation of $1.2 billion. The funding was led by Japan Post Capital Co. and ACA Investments, with […]