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The Daily Crunch: Tech stocks hammered after US Treasury Secretary speculates on hiking interest rates

The tech-heavy Nasdaq fell by more than 2%. Cloud stocks endured twice the damage. What happened? The U.S. government said that it might raise interest rates. So what? Well, when rates were low, lots of money that might have been invested elsewhere w.....»»

Category: gadgetSource:  techcrunchMay 4th, 2021

Payments, lending and neobanks rule fintechs in emerging markets, report says

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America, and India, have comprehensive reports by publications and firm.....»»

Category: topSource:  techcrunchRelated News1 hr. 18 min. ago

Paystack expands to South Africa seven months after Stripe acquisition

Nigerian fintech startup Paystack has been relatively quiet since it was bought by fintech giant Stripe last October. The deal, worth more than $200 million, caused shockwaves to the African tech ecosystem and offered some form of validation to work.....»»

Category: topSource:  techcrunchRelated News3 hr. 18 min. ago

Shift Technology raises $220M at a $1B+ valuation to fight insurance fraud with AI

While insurance providers continue to get disrupted by startups like Lemonade, Alan, Clearcover, Pie and many others applying tech to rethink how to build a business around helping people and companies mitigate against risks with some financial secur.....»»

Category: topSource:  techcrunchRelated News5 hr. 18 min. ago

"The Starship has landed": SpaceX finally completes successful test flight

SpaceX has finally nailed a test flight of the rocket ship that tech billionaire Elon Musk wants to use to send people to Mars......»»

Category: topSource:  skynewsRelated News6 hr. 18 min. ago

SpaceX"s Starship finally completes successful test flight

SpaceX has finally nailed a test flight of the rocket ship that tech billionaire Elon Musk wants to use to send people to Mars......»»

Category: topSource:  skynewsRelated News7 hr. 46 min. ago

GM CEO Mary Barra wants to sell personal autonomous vehicles using Cruise’s self-driving tech by 2030

GM CEO Mary Barra sees the automaker selling personal autonomous vehicles by the end of the decade by leveraging technology from its self-driving subsidiary Cruise, according to comments made during the company’s Wednesday earnings call. Barra.....»»

Category: topSource:  techcrunchRelated News13 hr. 18 min. ago

The Daily Crunch: Peloton share price falls 14% after product recall and data breach; CEO apologizes

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day a.....»»

Category: topSource:  techcrunchRelated News13 hr. 18 min. ago

Toyota AI Ventures and May Mobility will talk the future of the transportation industry on Extra Crunch Live

Besides a passion for progress in the mobility space, what do Toyota AI Ventures’ Jim Adler, May Mobility’s Nina Grooms Lee and May’s Edwin Olson have in common? All three of them are joining us on an upcoming episode of Extra Crunc.....»»

Category: topSource:  techcrunchRelated News13 hr. 18 min. ago

Greater access to birth control leads to higher graduation rates

When access to free and low-cost birth control goes up, the percentage of young women who leave high school before graduating goes down by double-digits, according to a new CU Boulder-led study published May 5 in the journal Science Advances......»»

Category: topSource:  informationweekRelated News14 hr. 18 min. ago

Hisense’s 2021 TV lineup: 8K, Dual-Cell, and gamer-friendly features

Value-oriented TV brand Hisense is showing its intent to play with the big names in TVs with a 2021 lineup that includes Dual-Cell tech and its first 8K TV......»»

Category: topSource:  digitaltrendsRelated News14 hr. 19 min. ago

Beyond the fanfare and SEC warnings, SPACs are here to stay

Can SPACs still solve the funding problem for capital-intensive, deep tech startups? And will they become a permanent financing option? Matt Johnson Contributor Share on Twitter.....»»

Category: topSource:  techcrunchRelated News15 hr. 46 min. ago

Hands-on: We hammered Plume’s newest Superpod design with all-new Wi-Fi testing

If you can stomach a subscription, Plume’s Superpods offer unmatched performance. Plume's new Wi-Fi 6 Superpods are visually indistinguishable from the older 802.11ac version, pictured here......»»

Category: topSource:  arstechnicaRelated News16 hr. 47 min. ago

Phrase match is now the same across Microsoft Advertising and Google Ads; Wednesday’s daily brief

Plus, nearly half of TikTok users have purchased something they saw on the platform Please visit Search Engine Land for the full article......»»

Category: internetSource:  searchenginelandRelated News19 hr. 18 min. ago

Emergence, known for its enterprise bets, just rounded up nearly $1 billion across two new funds

Emergence, the 18-year-old, San Mateo, Ca.-based venture firm focused on enterprise tech startups, has rounded up nearly a billion dollars in capital commitments across two funds. It closed its sixth early-stage fund with $575 million; the outfit als.....»»

Category: topSource:  techcrunchRelated News19 hr. 18 min. ago

Facebook’s hand-picked ‘oversight’ panel upholds Trump ban — for now

Facebook’s content decision review body, a quasi-external panel that’s been likened to a ‘Supreme Court of Facebook’ but isn’t staffed by sitting judges, can’t be truly independent of the tech giant which funds it,.....»»

Category: topSource:  techcrunchRelated News22 hr. 46 min. ago

EVs Will Drive A Lithium Supply Crunch

Analysts warn that rising battery demand will constrain supplies, though there's plenty left to mine A carbon-free future will require many millions of batteries, both to drive electric vehicles and to store wind and solar power on the grid. To.....»»

Category: Source:  ieeeRelated NewsMay 5th, 2021

Light pollution at night affects the calls of migratory birds

When investigators in the UK recorded the calls of migratory birds called thrushes at night, they found that call rates were up to five times higher over the brightest urban areas compared with darker villages......»»

Category: topSource:  physorgRelated NewsMay 5th, 2021

US Commerce Dept Pressing Taiwan To Supply More Chips To US Automakers

The U.S. Commerce Department is pressing Taiwan Semiconductor Manufacturing and other Taiwanese firms to prioritize the needs of American automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said on Tuesday. From a rep.....»»

Category: topSource:  slashdotRelated NewsMay 5th, 2021

The Daily Crunch: Tech stocks hammered after US Treasury Secretary speculates on hiking interest rates

The tech-heavy Nasdaq fell by more than 2%. Cloud stocks endured twice the damage. What happened? The U.S. government said that it might raise interest rates. So what? Well, when rates were low, lots of money that might have been invested elsewhere w.....»»

Category: gadgetSource:  techcrunchRelated NewsMay 4th, 2021

Epic thinks EGS could make up 35-50% of the PC gaming market by 2024

Epic v. Apple gives us our deepest look yet into the economics of Epic's storefront. In 2019, the EGS saw a series of daily user spikes surrounding the release of new free games......»»

Category: topSource:  arstechnicaRelated NewsMay 4th, 2021