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Suborbital space tourism finally arrives | FCC prepares to run public C-band auction | The big four in the U.S. launch industry — United Launch Alliance, SpaceX, Blue Origin and Northrop Grumman — hope to be one of two providers that will receive five-year contracts later this year to launch national security payloads starting in 2022. | China’s launch rate stays high | The International Space Station is the largest ever crewed object in space.

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Extra Crunch Friday roundup: Edtech funding surges,...

September 12, 2020

I live in San Francisco, but I work an East Coast schedule to get a jump on the news day. So I’d already been at my desk for a couple of hours on Wednesday morning when I looked up and saw this: As unsettling as it was to see the natural environment so transformed, I still got my work done. This is not to boast: I have a desk job and a working air filter. (People who make deliveries...

Unicorn layoffs prompt more startups to consider...

September 12, 2020

Alex Zajaczkowski was just months into her role at Toast, a restaurant point-of-sale software company, when she was let go during COVID-19 layoffs. Toast, last valued at $5 billion, cut 50% of its staff through layoffs and furloughs. Zajaczkowski said she started applying for jobs within a week. “I think I got on the boat a little bit quicker than others because I wanted that security a little bit faster,” she said. She and former Toast colleagues formed a...

Daily Crunch: Apple revises App Store rules

September 11, 2020

Apple’s making App Store changes, China might stop TikTok’s acquisition and we talk to Polish venture capitalists about the startup scene. This is your Daily Crunch for September 11, 2020. The big story: Apple revises App Store rules Apple announced a bunch of changes to its App Store guidelines today, with details about how it will support new iOS features like App Clips and much more. For one thing, it sounds like the App Store will now support game-streaming...

A user’s guide to Disrupt 2020

September 11, 2020

We’re coming down to the wire folks. Disrupt 2020 officially opens its virtual doors September 14 for five super-charged days of everything the early-stage startup community needs to build better, faster, stronger. Going virtual translates into a global reach making this our largest Disrupt ever. Yowza! There’s a lot going on during this Disrupt — talk about a vast understatement — including a jam-packed agenda (with time zone-friendly programming for attendees in Europe and Asia), a virtual venue, new...

10 Poland-based investors discuss trends, opportunities and...

September 11, 2020

Poland is becoming an important European tech ecosystem after experiencing record levels of investment and growth in recent years. It’s the largest economy in Central and Eastern Europe (CEE), is known for its technical talent and has now nurtured a number of large startups that have raised multiple rounds of funding. In 2019, investment in Poland’s startups — with Warsaw being the biggest startup hub in the country — grew eight times year-on-year to reach €294 million. This was...

Santander spins out its $400M fintech venture...

September 11, 2020

Santander, the Spanish multinational banking giant, is announcing that its fintech venture arm is to be spun out and will be managed more autonomously going forward. Previously known as Santander Innoventures and first established in 2014, the VC is being re-branded to Mouro Capital. It will continue to be headed up by general partner Manuel Silva Martínez, who joined Innoventures five years ago and has led the fund since 2018, and senior advisor Chris Gottschalk, who joined from Blumberg...

9 proptech investors talk co-living, home offices...

September 8, 2020

The real estate industry — like so many other sectors — was forced to adapt this year. Now, investors are ready to pour capital into the startups they believe are best-positioned in this new era, from companies tackling construction tech, financing and digital workflow tools to those finding ways to monetize vacant spaces, flex offices and yes, even co-living arrangements. TechCrunch surveyed nine firms that are writing checks today for startups in the sector. Our first survey, published last...

Revolut loses its head of regulatory compliance,...

September 7, 2020

More personnel changes at Revolut are in motion, as a key member of the leadership team leaves for Barclays, and two former Amazon staffers join the London-headquartered neobank, including a new chief operating officer. TechCrunch understands that Chris Sing, Revolut’s head of regulatory compliance is leaving to take up the position as Barclays’s new chief of staff to the group chief compliance officer. He joined Revolut in December 2018 and has spent a little under two years at the...

BIMA nabs $30M more for micro- health...

September 7, 2020

The coronavirus global health pandemic — and the new emphasis on social distancing to slow down the spread of COVID-19 — has put healthcare and tech services used to enable healthcare remotely under the spotlight. Today a startup that’s building microinsurance and healthcare services specifically targeting emerging markets is announcing a round of funding to meet a surge in demand for its services. BIMA, a startup that provides life and health insurance policies, along with telemedicine to support the...

Meet the TC Top Picks for Disrupt...

September 6, 2020

We’ve been extremely privileged to witness thousands of early stage startups launch and take flight at Disrupt over the past 10 years, and they just keep getting bettter. You’ll be hard-pressed to find more creative, game-changing startups than the ones that earned our TC Top Picks designation for Disrupt 2020. The all-virtual nature of this Disrupt meant we received applications from startups around the world. Talk about a tough vetting process! Highly determined and highly caffeinated TechCrunch editors took...

The future of retail and office space...

September 5, 2020

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. The malls and grocery stores of the 20th century are being converted into industrial conveyor belts of goods and services traveling from the internet to your home. The customer is no longer even allowed inside, as Connie Loizos details this week in a closer look at Amazon and other online-first companies taking over commercial spaces near...

As corporate cards are subsumed into software,...

September 2, 2020

A few weeks back, TechCrunch wrote about how Ramp, a corporate credit card startup with a focus on cost control, had added expense management software on top of its company plastic business. Closing out our piece, I wondered if “cards aren’t de facto commoditized by this point,” given the sheer number of companies that are willing to either underwrite, or supply corporate and consumer plastic. One company in particular agreed with the sentiment, namely Airbase, which we last covered...

Learn how to raise your first dollars...

September 2, 2020

Deciding how to go about getting your initial funding is always a tricky subject, as the wrong move could adversely impact your young company. At Disrupt 2020 this September 14-18, we’ll showcase three amazing investors and experts who’ve shepherded multiple companies during their earliest stages. The process of raising your first dollars looks simple from the outside, but there is many a misstep that can happen along the way. Just understating how to approach investors in the first place...

Daily Crunch: Netflix sets some content free

August 31, 2020

Netflix tests a free promotional offering, Amazon’s drone delivery gets trial flight approval from the FAA and Neuralink shows off its human-brain tech. This is your Daily Crunch for August 31, 2020. The big story: Netflix sets some content free Netflix has taken some of its best-known Originals out from behind the paywall. The company has already been testing out making select titles free in certain markets, and today it expanded that test across the globe, with a library...

PayPal joins the ‘buy now, pay later’...

August 31, 2020

PayPal today introduced a new installment credit option for PayPal users called “Pay in 4.” The name itself explains what the service offers — basically, it’s the ability for customers to pay for purchases, interest-free, over four separate payments. The service is an expansion on PayPal’s existing lineup of Pay Later solutions, which also includes PayPal Credit’s revolving credit line and its Easy Payments. With Pay in 4, customers can choose to pay for purchases between $30 and $600...

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