Category: TC

Edge computing startup Pensando comes out of stealth mode with a total of $278 million in funding – TechCrunch

Pensando, an edge computing startup founded by former Cisco engineers, came out of stealth mode today with an announcement that it has raised a $145 million Series C. The company’s software and hardware technology, created to give data centers more of the flexibility of cloud computing servers, is being positioned as a competitor to Amazon
Read More »

Facebook should ban campaign ads. End the lies. – TechCrunch

Permitting falsehood in political advertising would work if we had a model democracy, but we don’t. Not only are candidates dishonest, but voters aren’t educated, and the media isn’t objective. And now, hyperlinks turn lies into donations and donations into louder lies. The checks don’t balance. What we face is a self-reinforcing disinformation dystopia. That’s
Read More »

YC grad Revel’s plan to connect women over 50 – TechCrunch

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. I’ve been on a bit of a startup profile kick as of late. Last week, I was tired from Disrupt. Before
Read More »

Mars Curiosity Rover finds evidence of an ancient oasis on Mars – TechCrunch

On its latest trek through the Gale Crater on Mars, the Curiosity Rover has discovered evidence that’s leading . scientists to believe that there was an oasis at the base of that 150-kilometer-wide crater. Curiosity scientists described the scene in an article in “Nature Geoscience” published earlier this week. Researchers analyzing data from the Rover
Read More »

The siphon and the forge – TechCrunch

The tech industry has won at capitalism. From America to China, from Amazon to Alibaba, from Alphabet to Tencent, the most valuable and most dynamic companies in the world are technology companies. But what kind of capitalism? Because there are really two different modes, two ways to get rich. One is to claim a share
Read More »

Africa’s top mobile phone seller Transsion lists in Chinese IPO – TechCrunch

Chinese mobile-phone and device maker Transsion has listed in an IPO on Shanghai’s STAR Market, a Transsion spokesperson confirmed to TechCrunch.  Headquartered in Shenzhen, Transsion is a top-seller of smartphones in Africa under its Tecno brand. The company has also started to support venture funding of African startups. Transsion issued 80 million A-shares at an opening
Read More »

Facebook buys startup building neural monitoring armband – TechCrunch

Facebook is buying CTRL-labs, a NY-based startup building an armband that translates movement and the wearer’s neural impulses into digital input signals, a company spokesperson tells TechCrunch. CTRL-labs raised $67 million according to Crunchbase. The startup’s investors include GV, Lux Capital, Amazon’s Alexa Fund, Spark Capital and Founders Fund, among others. Facebook didn’t disclose how
Read More »

Chef CEO says he’ll continue to work with ICE in spite of protests – TechCrunch

Yesterday, software development tool maker Chef found itself in the middle of a firestorm after a Tweet called them out for doing business with DHS/ICE. Eventually it led to an influential open-source developer removing a couple of key pieces of software from the project, bringing down some parts of Chef’s commercial business. Chef intends to
Read More »