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SaaS growth appears to slow as churn concerns rise

A set of charts provided to TechCrunch detail how the growth rate of SaaS companies, in both B2B and B2C, are falling. The market could be in for SaaS's first patch of hard times in recent memory.
TechCrunch

SaaS growth appears to slow as churn concerns rise

A set of charts provided to TechCrunch detail how the growth rate of SaaS companies, in both B2B and B2C, are falling. The market could be in for SaaS's first patch of hard times in recent memory.

Disney+ beat Netflix in recent US downloads (report)

Netflix may still dominate global streaming, but Disney+ has made a huge splash in the United States, where it launched in November. That much was pretty clear already, and other reports have already suggested that Disney+ was the most downloaded app and bigg
TechCrunch

Disney+ beat Netflix in recent US downloads (report)

Netflix may still dominate global streaming, but Disney+ has made a huge splash in the United States, where it launched in November. That much was pretty clear already, and other reports have already suggested that Disney+ was the most downloaded app and biggest search trend in the United States last year. Now a new report from […]

Luckin Coffee’s board initiates investigation into $300M potential fraud

China-based Luckin Coffee, the fastest growing growing coffee brand in the world, has dazzled VCs, public market investors and frankly us over the years with its dizzyingly high growth, expanding from a handful of stores and delivery kiosks to tens of thousan
TechCrunch

Luckin Coffee’s board initiates investigation into $300M potential fraud

China-based Luckin Coffee, the fastest growing growing coffee brand in the world, has dazzled VCs, public market investors and frankly us over the years with its dizzyingly high growth, expanding from a handful of stores and delivery kiosks to tens of thousands in a just a few years, quickly outpacing Starbucks’ aggressive expansion in the […]

Facebook Messenger launches Mac & Windows apps

Facebook Messenger is finally getting desktop apps almost 9 years after its debut. After seeing over a 100% increase in desktop browser audio and video calling, Messenger today releases its Mac and Windows desktop apps. They bring the same features as the bro
TechCrunch

Facebook Messenger launches Mac & Windows apps

Facebook Messenger is finally getting desktop apps almost 9 years after its debut. After seeing over a 100% increase in desktop browser audio and video calling, Messenger today releases its Mac and Windows desktop apps. They bring the same features as the browser version, but make it easier to keep your chat threads handy than […]

How 6 top VCs are adapting to the new uncertainty

As the global economy grinds to a halt, every business sector has been impacted, including the linked worlds of startups and venture capital. But how much has really changed? If you read VC Twitter, you might think that nothing has changed at all. It’s
TechCrunch

How 6 top VCs are adapting to the new uncertainty

As the global economy grinds to a halt, every business sector has been impacted, including the linked worlds of startups and venture capital. But how much has really changed? If you read VC Twitter, you might think that nothing has changed at all. It’s not hard to find investors who say they are still cutting […]

Cloudflare CEO pledges to double 2020 internship class

Internet security company Cloudflare has pledged to double its Summer 2020 internship class, and make the entire program remote if necessary, in response to cancellations of internships programs across the country due to COVID-19. Yelp, Funding Circle, StubHu
TechCrunch

Cloudflare CEO pledges to double 2020 internship class

Internet security company Cloudflare has pledged to double its Summer 2020 internship class, and make the entire program remote if necessary, in response to cancellations of internships programs across the country due to COVID-19. Yelp, Funding Circle, StubHub and other companies have terminated their internship programs and hiring, citing the uncertainty of COVID-19’s impact on […]

CIOs are dead tired of dumb tech. Pulse has $6.5M to help them help each other

The technology that runs our companies these days is staggering in its complexity. We have moved from a monolith to a microservices world, from boxes to SaaS, and while that has added agility to the enterprise, it has come at the cost of a metric f-ton of ser
TechCrunch

CIOs are dead tired of dumb tech. Pulse has $6.5M to help them help each other

The technology that runs our companies these days is staggering in its complexity. We have moved from a monolith to a microservices world, from boxes to SaaS, and while that has added agility to the enterprise, it has come at the cost of a metric f-ton of services and software platforms required by every team […]

Collibra nabs another $112.5M at a $2.3B valuation for its big data management platform

GDPR and other data protection and privacy regulations — as well as a significant (and growing) number of data breaches and exposées of companies’ privacy policies — have put a spotlight on not just on the vast troves of data that businesse
TechCrunch

Collibra nabs another $112.5M at a $2.3B valuation for its big data management platform

GDPR and other data protection and privacy regulations — as well as a significant (and growing) number of data breaches and exposées of companies’ privacy policies — have put a spotlight on not just on the vast troves of data that businesses and other organizations hold on us, but also how they handle it. Today, […]

Scoutbee launches free tool to help organisations search for COVID-19 support-related supplies

Scoutbee, the supplier discovery platform, has rolled out a new free tool for organisations helping to fight the coronavirus pandemic and who are in need of critical supplies. Targeting NGOs, public bodies, local and national governments and healthcare provid
TechCrunch

Scoutbee launches free tool to help organisations search for COVID-19 support-related supplies

Scoutbee, the supplier discovery platform, has rolled out a new free tool for organisations helping to fight the coronavirus pandemic and who are in need of critical supplies. Targeting NGOs, public bodies, local and national governments and healthcare providers, the platform does real-time analysis of terabytes of global supply chain data to significantly speed up […]

Ikea acquires AI imaging startup Geomagical Labs to supercharge room visualisations

Ikea, the Swedish home furnishings and decor giant, has been one of the leaders among retailers when it comes to adapting to tech innovations that impact its business, being one of the first to launch augmented reality applications, partnering with others to
TechCrunch

Ikea acquires AI imaging startup Geomagical Labs to supercharge room visualisations

Ikea, the Swedish home furnishings and decor giant, has been one of the leaders among retailers when it comes to adapting to tech innovations that impact its business, being one of the first to launch augmented reality applications, partnering with others to develop smart home devices and launching a business unit to build that out […]

Zoom freezes feature development to fix security and privacy issues

Zoom has been widely criticized over the past couple of weeks for terrible security, a poorly designed screensharing feature, misleading dark pattern, fake end-to-end-encryption claims and an incomplete privacy policy. Despite that, the video conferencing ser
TechCrunch

Zoom freezes feature development to fix security and privacy issues

Zoom has been widely criticized over the past couple of weeks for terrible security, a poorly designed screensharing feature, misleading dark pattern, fake end-to-end-encryption claims and an incomplete privacy policy. Despite that, the video conferencing service has attracted a ton of new users thanks to the coronavirus lockdowns around the world — the company reached […]

SoftBank terminates $3BN tender offer for WeWork shares

SoftBank Group has pulled a $3 billion tender offer for WeWork shares — citing closing conditions not being met. The investment behemoth had been rumoured to be getting cold feet, when the WSJ reported last month that it was using regulatory investigati
TechCrunch

SoftBank terminates $3BN tender offer for WeWork shares

SoftBank Group has pulled a $3 billion tender offer for WeWork shares — citing closing conditions not being met. The investment behemoth had been rumoured to be getting cold feet, when the WSJ reported last month that it was using regulatory investigations as a way to back out of its commitment to buy $3BN in […]

Money transfer service Azimo partners with Siam Commercial Bank for faster payments to Thailand

Azimo, the London-headquartered international money transfer service, has partnered with Thailand’s Siam Commercial Bank (SCB) to deliver instant payments for its customers from Europe to SCB bank accounts in Thailand. According to the World Bank, Thail
TechCrunch

Money transfer service Azimo partners with Siam Commercial Bank for faster payments to Thailand

Azimo, the London-headquartered international money transfer service, has partnered with Thailand’s Siam Commercial Bank (SCB) to deliver instant payments for its customers from Europe to SCB bank accounts in Thailand. According to the World Bank, Thailand is one of the top remittance destinations globally, with $6.7 billion received from abroad each year, and Azimo says […]

Encore’s musical messages let you commission a video performance to send to loved ones

Encore, the U.K. marketplace that lets you find and book a musician or band online for your event, is launching a new online product to help musicians find an additional revenue stream during the coronavirus pandemic, and bring a little joy to all of us. Dubb
TechCrunch

Encore’s musical messages let you commission a video performance to send to loved ones

Encore, the U.K. marketplace that lets you find and book a musician or band online for your event, is launching a new online product to help musicians find an additional revenue stream during the coronavirus pandemic, and bring a little joy to all of us. Dubbed musical messages, the new offering lets you pay one […]

Flux and Pleo partner to bring itemised digital receipts to Pleo’s ‘smart’ expense cards

When three former employees of Revolut founded Flux in 2016, the mission was clear: build a platform to bridge the gap between the itemised receipt data captured by a merchant’s point-of-sale (POS) system and what little information typically shows up in yo
TechCrunch

Flux and Pleo partner to bring itemised digital receipts to Pleo’s ‘smart’ expense cards

When three former employees of Revolut founded Flux in 2016, the mission was clear: build a platform to bridge the gap between the itemised receipt data captured by a merchant’s point-of-sale (POS) system and what little information typically shows up in your bank statement or mobile banking app. Off the back of this, the young […]

Google to shut down its India-focused Q&A app Neighbourly

Google is shutting down Neighbourly, a Q&A social app that it launched in select parts of India two years, the company has informed users. The app, developed by company’s Next Billion Initiative, aimed to give local communities an outlet to seek answer
TechCrunch

Google to shut down its India-focused Q&A app Neighbourly

Google is shutting down Neighbourly, a Q&A social app that it launched in select parts of India two years, the company has informed users. The app, developed by company’s Next Billion Initiative, aimed to give local communities an outlet to seek answers to practical questions about life, routine and more. At the time of its […]

Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn

In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors pull back on commitments to venture funds given the precipitous
TechCrunch

Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn

In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors pull back on commitments to venture funds given the precipitous drop of public market stocks, loosening restrictions on the how banks invest cash could be […]

‘A perfect storm for first time managers,’ say VCs with their own shops

Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup world could not only fund companies as an angel investor but even put himself or herself in business as a fund manager. It helped that th
TechCrunch

‘A perfect storm for first time managers,’ say VCs with their own shops

Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup world could not only fund companies as an angel investor but even put himself or herself in business as a fund manager. It helped that the world of venture fundamentally changed and opened […]

Detroit to be first to deploy Abbott Labs’ 5-minute COVID-19 test, mayor says

Detroit Mayor Mike Duggan said today on Wolf Blitzer’s CNN show that the city of Detroit is on track to be the first city to deploy Abbott Labs’ five-minute COVID-19 test. The mayor said the test would be available for first responders. The goal, he s
TechCrunch

Detroit to be first to deploy Abbott Labs’ 5-minute COVID-19 test, mayor says

Detroit Mayor Mike Duggan said today on Wolf Blitzer’s CNN show that the city of Detroit is on track to be the first city to deploy Abbott Labs’ five-minute COVID-19 test. The mayor said the test would be available for first responders. The goal, he said, was to allow those first responders who are self-isolating […]

Mobile payments firms in India are now scrambling to make money

Vijay Shekhar Sharma, founder and chief executive of India’s most valuable startup, Paytm, posed an existential question in a recent press conference. “What do you think of the commercial model for digital mobile payments. How do we make money?” Sharma
TechCrunch

Mobile payments firms in India are now scrambling to make money

Vijay Shekhar Sharma, founder and chief executive of India’s most valuable startup, Paytm, posed an existential question in a recent press conference. “What do you think of the commercial model for digital mobile payments. How do we make money?” Sharma asked Nandan Nilekani, one of the key architects of the Universal Payments Infrastructure that created […]

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