I don’t know what is going on in the startup market and it’s a bit of a pain in the ass. The larger American economy, home to the largest technology startup and venture capital markets in the world, could be in a recession right now. We don’t know. To reach a technical recession, we need…
Attabotics provides warehouses with a novel robotic solution that is reinventing supply chain management. The company has attracted investment from a wide range of investors, including Gordon Food Service, the Ontario Teachers’ Pension fund, and traditional firms like Coatue Management and Forerunner Ventures. Hear from Scott Gravelle, founder and CEO at Attabotics, about how the…
Twitter laid off 30% of its talent acquisition team today, two months into a companywide hiring freeze. A Twitter spokesperson confirmed these layoffs but declined to share the exact number of employees affected. The company spokesperson added that employees will receive severance packages (but declined to share specifics) and said that the remaining recruitment staff…
“I want to do some crazy stuff,” Jason Keats says with a laugh. “I want to bring back that GEM phone.” He reaches behind him and pulls the strikingly slender device off a shelf. The battery’s dead, but as a prop, it still works. Essential released images of the prototype device in October 2019 —…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Greetings on this fine Thursday. We are still reeling about Elon Musk and the twins. Connie has more on that. Amanda also covered the verdict in the case against Theranos’ Sunny Balwani….
According to a new report from The Washington Post that relies heavily on anonymous sources, the world’s richest man is still looking for a way out of a $44 billion deal of his own making. The Post reports that we’ll probably be seeing a “change in direction from Musk’s team” soon, according to its unnamed…
The National Highway Traffic Safety Administration has opened an investigation into a fatal crash involving a Tesla, according to documents viewed by TechCrunch. The investigation, which was opened in July, is the latest in a long string of inquiries by NHTSA’s Special Investigations program into crashes involving Tesla vehicles. This fatal crash, in which a…
Argo AI, the autonomous vehicle technology startup backed by Ford and Volkswagen, has laid off about 150 people and slowed the pace of hiring, making it the latest tech company to reduce its workforce as recession fears grow. The layoffs account for about 5% of its more than 2,000 global workforce, according to sources familiar…
Having conquered orbit, SpaceX’s next venue seems to be the high seas, through a special yacht-focused sub-brand of its satellite internet service called Starlink Maritime. The idea of satellite internet on the water isn’t a new one, but the actual service generally isn’t great: you can expect to pay hundreds or thousands per month for…
The investment firm Sequoia Capital has no shortage of internal programs for the founders it backs. The idea is to help its startups not merely by sheer dint of their affiliation with Sequoia but by helping them at the outset with everything from storytelling to recruiting strategies in order to give them an edge over…