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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Traffic on Memorial Day: Here’s what 37.6 million road trippers can expect
How, and if, people travel on Memorial Day weekend can provide a fleeting glimpse at the state of the U.S. economy, or at least provide insight into consumer confidence. The upshot this year: a near record-setting travel despite a rising national gas price. Nearly 43 million Americans were expected to travel in cars, trains and […]

Sun, 26 May 2019 17:22:56 +0000

As the term ‘unicorn’ goes broke from overuse, what’s actually rare?
There are so many unicorns in the market today — they stampede by the hundred in 2019 — that they are impossible to keep tabs on.

Sun, 26 May 2019 16:09:08 +0000

Fiat Chrysler-Renault tie up: What the maker of Jeep could gain
Fiat Chrysler Automobiles and Renault are reportedly in talks that could result in merging vast swaths of their businesses, a move that illustrates the growing desire among automakers to consolidate in an environment of increased regulatory pressure, sales declines and rising costs aimed at bringing next-generation technologies like self-driving cars to market. Bloomberg, Financial Times, […]

Sun, 26 May 2019 15:41:04 +0000

The savage genius of SoftBank funding competitors
Venture capitalists aren’t supposed to make their portfolio companies battle to the death. There’s a long-standing but unofficial rule that investors shouldn’t fund multiple competitors in the same space. Conflicts of interest could arise, information about one startup’s strategy could be improperly shared with the other, and the companies could become suspicious of advice provided […]

Sun, 26 May 2019 14:47:07 +0000

Week-in-Review: Trump’s order takes a hatchet to Huawei’s heart
Last week, Trump signed an executive order that enabled the federal government to prohibit U.S. companies from buying telecom equipment from foreign companies at their discretion. This week, the full damage began to feel apparent to China’s fastest-growing smartphone powerhouse, Huawei. American companies, at the behest of Trump and company, began turning on the Chinese […]

Sun, 26 May 2019 08:45:20 +0000