Venture

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

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CrowdStrike’s fallout, Harris’s stance on tech and Yandex’s rise from the ashes

On today’s episode of Equity, Rebecca Bellan did a deep dive into the CrowdStrike outage that affected around 8.5 million Windows devices around the world, causing disruptions in air travel, banking, hospitals, media outlets, federal agencies and businesses of all kinds. The outage began when CrowdStrike, a cloud security giant, sent out a defective software

CrowdStrike’s fallout, Harris’s stance on tech and Yandex’s rise from the ashes Read More »

CrowdStrike’s fallout, Harris’s stance on tech and Yandex’s rise from the ashes

On today’s episode of Equity, Rebecca Bellan did a deep dive into the CrowdStrike outage that affected around 8.5 million Windows devices around the world, causing disruptions in air travel, banking, hospitals, media outlets, federal agencies and businesses of all kinds. The outage began when CrowdStrike, a cloud security giant, sent out a defective software

CrowdStrike’s fallout, Harris’s stance on tech and Yandex’s rise from the ashes Read More »

Unpacking how Alphabet’s rumored Wiz acquisition could affect VC

Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet. It

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Lavish parties and moral dilemmas: 4 days with Silicon Valley’s MAGA elite at the RNC

It was an eventful week for the Silicon Valley moguls who have vowed to support Donald Trump in his bid to return to the presidency. Given the collision course of tech and Trump, when Leda Health founder Madison Campbell asked me if I’d care to buy an extra ticket to the Republican National Convention from

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These startups are trying to prevent another CrowdStrike-like outage, according to VCs

Windows users around the globe woke up on Friday morning to “blue screens of death” thanks to a faulty software update from CrowdStrike. The bug caused outages around the world, bringing airlines, boats, hospitals, and banks to a grinding halt. But some see opportunity in the rubble. The global outage is a perfect reminder how

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Fandango founder dies in fall from Manhattan skyscraper

J. Michael Cline, the co-founder of Fandango and multiple other startups over his multi-decade career, died after falling from a Manhattan hotel, New York’s Deputy Commissioner of Public Information tells TechCrunch. The New York Police Department responded to 911 calls from the Kimberly Hotel, a 30-story hotel on 50th street in midtown Manhattan on Tuesday

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Why it made sense for an online community college to raise venture capital

When Tade Oyerinde first set out to fundraise for his startup, Campus, a fully-accredited online community college, it was incredibly difficult. VCs have backed for-profit education companies in the past, including Coursera and Udacity, but backing a more traditional two-year college is different. Plus, he was looking for funds a few years ago when higher

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