Day: May 29, 2020

Acorns, which helps millions of people invest their spare change in the stock market, has laid off between 50 to 70 people, TechCrunch has learned from multiple sources. The Irvine, Calif.-based company would not confirm the total number of people laid off, but did confirm that there were cuts at the company as a result […]

When Toyota unveiled the 2021 Toyota RAV4 Prime in November, the vehicle garnered a lot of attention because it achieved two seemingly conflicting goals. It was Toyota’s most fuel efficient and one of its most powerful vehicles. Now, it’s getting praise for managing a base price under $40,000. Toyota said Friday that the standard trim […]

In a statement posted to Facebook late Friday afternoon, Mark Zuckerberg offered up an explanation of why his company did not contextualize or remove posts from the accounts associated with President Donald Trump that appeared to incite violence against American citizens. “We looked very closely at the post that discussed the protests in Minnesota to […]

Brex, last valued at $2.6 billion, is restructuring its credit card for startups business and cut 62 staff members, the co-founders Pedro Franceschi and Henrique Dubugras said in a blog post. “Today we’re restructuring the company to better align our priorities with this new reality, while simultaneously accelerating our product vision. With that, I have […]

Sony has been dishing out details on the PlayStation 5 piece-by-piece, rather than dropping all of the details at one big mega event. First came word of the Holiday 2020 release window. Then came an overview of the specs — like that it’ll have a super-fast solid-state drive by default. Most recently, they showed off […]

When this editor first met Jeremy Conrad, it was in 2014 in San Francisco, at the 8,000-square-foot former fish factory that was home to Lemnos, the hardware-focused venture firm Conrad co-founded three years earlier. Conrad — who’d studied mechanical engineering at MIT — was excited in that moment about investing in hardware startups, having just […]

The global spread of COVID-19 and resulting orders to shelter in place have hit retailers hard. As the pandemic drags on, temporary halts are becoming permanent closures, whether it’s the coffee shop next door, a historic bar or a well-known lifestyle brand. But while the present is largely bleak, preparing for the future has retailers […]

SpaceX had just conducted yet another static fire test of the Raptor engine in its Starship SN4 prototype launch vehicle on Friday when the test vehicle exploded on the test stand in Boca Chica, Texas. This was the fourth static fire test of this engine on this prototype, so it’s unclear what went wrong versus […]

Today, the online film festival We Are One is kicking off 10 days of films, talks, musical performances and VR experiences. The event is a collaboration between Tribeca Enterprises (the organization behind the Tribeca Film Festival) and YouTube, with help from 21 film festivals from around the world. Think of it as an attempt to […]