TechCrunch+ Roundup: How pitch decks fail, inside the AI hype cycle, budgeting for a downturn
When I’m dining out in unfamiliar territory, I’ll usually find a restaurant on the beaten path — if a place has no customers, it makes me leery. Tech investors have similar appetites when it comes to follow-on investment, writes Champ Suthipongchai, co-founder and general partner at deep tech VC firm
Read moreNikola CEO steps down, replaced by chairman
EV truck maker Nikola Corp. said Friday that president/CEO Michael Lohscheller is leaving the top executive positions due to a family health issue. He will be replaced by board chairman Steve Girsky, a former GM board member and the CEO of the special purpose acquisition company that merged with Nikola
Read moreEmployee banking information stolen from Tennis Canada in cyber incident: Report
Tennis Canada, a non-profit that oversees professional events and junior training programs, has acknowledged being hit by a cyber event in June resulting in “precautionary identity theft protection and credit monitoring to all of our employees.” In a statement this week, the association said that after an investigation last month
Read moreThe US could learn a lot from how the UK is crafting DEI policy for venture capital
The U.K.’s Treasury Select Committee last month released a report on the diversity — or lack thereof — of the nation’s venture ecosystem. Black founders there receive less than 0.4% of all venture capital, and women founders receive around 2%, the report found. The report called such dismal stats “unacceptable.”
Read moreEven as cloud growth continues to slow, market remains robust in Q2 at $65B
Cloud growth has been slowing for a number of reasons this year. Some of it has to do with macroeconomic headwinds causing customers to look to cut their cloud bills, some of it with a maturing market, which comes with an inevitable decline in growth. With the Big 3 cloud
Read moreLast week to save on passes to TechCrunch Disrupt 2023
A big heads-up and a hearty shoutout to all you savvy startup shoppers, budget-minded founders and tech enthusiasts who love to hang on to your money. You have just one week left to save on passes to TechCrunch Disrupt. Beat the price hike on passes to TechCrunch Disrupt 2023 Buy
Read more6 startup founders gaze into a future-of-work crystal ball
The excitement around remote work reached fever pitch during the pandemic, when most people with an office job were forced to work from home. This opened up conversations about what the future of work looks like, with a lot of attention paid to remote and hybrid models as well as
Read moreMeet Window Snyder, the trailblazer who helped secure the internet and billions of devices
After the band played Miles Davis’ “Seven Steps to Heaven,” and an effusive introduction from the head of the school, Window Snyder stands in front of a hall filled with around 800 students at her old high school to receive an alumni award. Some of the students have a plastic
Read moreCyber Security Today, August 4, 2023 – The shadow hanging over IT networks
The shadow hanging over corporate IT networks Welcome to Cyber Security Today. It’s Friday, August 4th, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. I’m off for a few days, so today’s podcast isn’t about the latest cybersecurity news. Instead I want
Read moreCoinbase argues it doesn’t trade securities, so the SEC’s lawsuit should be dismissed
Illustration by Alex Castro / The Verge Coinbase is asking a judge to dismiss the Securities and Exchange Commission’s lawsuit against it. In a motion filed on Friday, Coinbase maintains that it doesn’t trade securities, rendering the SEC’s arguments invalid. The SEC sued Coinbase in June, alleging that the crypto
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