Category: United States

As it readies a test for vaping additives, cannabis testing company Cannalysis raises $22.6 million – TechCrunch

Cannalysis, a testing company for cannabis, has raised $22.6 million in a new round of financing as it prepares to bring a new test for vaping additives to the market. The test, which the company is preparing to unveil later this week, will test for the presence and amount of Vitamin E acetate, a chemical
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Part & Parcel plans plus-sized fashion empire – TechCrunch

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Stripe’s grand plans. Before that, I noted Peloton’s secret weapons.  Remember, you can send me tips, suggestions and
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Paid streaming music subscriptions in US top 60M, says RIAA – TechCrunch

Streaming music subscriptions continue to drive the U.S. music industry’s growth and revenues, according to a new report from the Recording Industry Association of America (RIAA) released this week. The organization said total music revenue grew 18% to $5.4 billion in the first half of 2019, with streaming music accounting for 80% of industry revenues.
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Another day, another reversal in stock fortunes as recession fears – TechCrunch

U.S. stock markets plummeted today as recession fears continue to grow. Yesterday’s good news about a reprieve on tariffs for U.S. consumer imports was undone by increasing concerns over economic indicators pointing to a potential global recession coming within the next year. The Dow Jones Industrial Average dropped more than 800 points on Wednesday —
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Democratic Presidential nominees are ignoring the issue of our cybersecurity infrastructure – TechCrunch

With the long battle for the Democratic nominee for president in 2020 firmly underway, more than 20 political hopefuls are talking about spreading the fruits of a solid economy to millions of middle-class Americans who may have missed the good times, implementing Medicare for all to solve financial healthcare pitfalls, and free college education. One
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Bird is in talks to acquire scooter startup Scoot – TechCrunch

If you are among those who thought that the scooter market sounded a little overhyped and overcrowded, we’ve gotten wind of a deal that could point to some impending consolidation. The on-demand scooter business Bird has agreed to acquire Scoot, a smaller two-wheeled mobility startup, sources tell TechCrunch. The stage of the negotiations is not clear
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WikiLeaks’ Assange charged under the Espionage Act in a ‘major test case’ for press freedom – TechCrunch

Julian Assange, founder of whistleblowing site WikiLeaks, has been charged with more than a dozen additional charges by U.S. federal prosecutors, including under the controversial Espionage Act — a case that will likely test the rights of freedom of speech and expression under the First Amendment. Assange, 47, was arrested at the Ecuadorean embassy in
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Chipper Cash convinces Joe Montana to invest in African fintech – TechCrunch

The African no-fee, cross-border payment startup Chipper Cash has raised a $2.4 million seed round led by Deciens Capital. The payments company also persuaded 500 Startups and Liquid 2 Ventures—co-founded by Joe Montana—to join the round. Chipper Cash’s Ugandan chief executive, Ham Serunjogi, pitched the U.S. football legend directly. “He was quite excited about what
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Thunes raises $10M to make financial services more accessible in emerging markets – TechCrunch

Cross-border fintech continues to be an area of interest for venture capitalists. The latest deal sees GGV Capital — the U.S-China firm that’s backed Xiaomi, Airbnb, Square and others — lead a $10 million investment in Singapore-based startup Thunes. Other investors in the Series A round are not being disclosed at this point. Thunes —
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Consumers get another digital home health offering as Tyto Care and Best Buy launch TytoHome – TechCrunch

Best Buy is partnering with the Israeli technology Tyto Care to become the official retailer for the company’s all-in-one digital diagnostics kit through its physical stores in California, the Dakotas, Ohio and Minnesota and through its online store. Tyto previously sold its technology through healthcare plans, making its handheld examination device with attachments that act
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