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Postmates cuts losses in Q2 as it heads towards tie-up with Uber

Popular food delivery service Postmates is in the process of merging with Uber in a blockbuster $2.65 billion deal that would see it join forces with its food delivery competitor, Uber Eats. The deal remains under antitrust scrutiny, and has not yet been approved for closing. The deal is expected to close in the first half of 2021. However, a new...

Daily Crunch: Reviewing the new Apple Watch

We’ve got an in-depth review of the Apple Watch Series 6, Apple gives Facebook a temporary break on App Store fees and Alexis Ohanian is raising a new fund. This is your Daily Crunch for September 25, 2020. The big story: Reviewing the new Apple Watch Brian Heater has already been writing about the Apple Watch Series 6, but now he’s published his...

Black founders face a unique set of challenges

The notion that Black people in America need to work twice as hard as others to succeed may be a depressing sentiment, but it has been deeply ingrained into the psyches of many African-Americans. At TechCrunch Disrupt, several Black founders spoke about some of the burdens that come along with being a Black person in tech. Many of us are familiar with...

NASA commissions report to show its economic impact: $64B and 312K jobs

Perhaps anticipating budget pushback from the federal government, NASA has released its first-ever agency-wide economic report, documenting the agency’s impact on the nation’s jobs and cash flow. Everyone knew NASA was impactful, but now we know exactly how impactful it is, some $64 billion and more than 300,000 jobs’ worth in FY2019. It seems clear...

4 things to remember when adapting AI/ML learning models during a pandemic

Pedro Alves Contributor Share on Twitter Pedro Alves is the founder and CEO of Ople.AI, a software startup that provides an automated machine learning platform to empower business users with predictive analytics. The machine learning and AI-powered tools being deployed in response...

Human Capital: Moving away from ‘master/slave’ terminology

TGIF, am I right? Welcome back to Human Capital, where we explore some of the latest news in labor, diversity and inclusion in tech. This week, we’re looking at the use of “master/slave” terminology in computer programming and the current state of gig workers in California. Human Capital will soon be available as a weekly newsletter. You can sign...

Alexis Ohanian files for a new $150M fund, with a nod to his Olympian family

According to an SEC filing, Alexis Ohanian, the co-founder of Reddit and early-stage VC firm Initialized Capital, is raising a new fund, named 776, with a target of $150 million. The filing comes three months after the entrepreneur left Initialized Capital and a month after The Information first reported on his plans. Ohanian declined to comment on...

Apple Watch Series 6 review

When it comes to smartwatches, it’s Apple against the world. It’s not that there aren’t plenty of other products to choose from — it’s more that the company has just utterly dominated the space to such a point that any other device is relegated to the realm of “Apple Watch alternatives.” The company has been successful in the space for the usual Apple...

Nikola’s Steve Girsky eyes his next transportation investment

Steve Girsky, the former GM vice chairman, consultant and investor whose special purpose acquisition company (SPAC) merged with hydrogen electric startup Nikola this summer, is in talks to back self-driving trucks startup TuSimple, according to four people familiar with the deal. The capital would come from Girsky’s VectoIQ LLC, a consulting and...

Privacy data management innovations reduce risk, create new revenue channels

Mark Settle Contributor Mark Settle is a seven-time CIO, three-time CIO 100 award winner and two-time book author. His most recent book is "Truth from the Valley: A Practical Primer on IT Management for the Next Decade." Tomer Y. Avni Contributor Tomer Y. Avni is an MBA/MS...

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