Category: TC
Amazon withdraws from MWC over coronavirus-related concerns
Amazon is the latest company to cancel its plans for the Mobile World Congress, which will take place later this month in Barcelona, over coronavirus-related concerns. In a statement emailed to TechCrunch, an Amazon spokesperson said “due to the outbreak and continued concerns about novel coronavirus, Amazon will withdraw from exhibiting and…
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Elon Musk tweets out #DeleteFacebook, adding simply, “it’s lame”
Facebook receives plenty of pointed criticism, including for refusing to police political speech on Facebook, its seemingly endless string of privacy breaches, and its apparent coziness of late with the Trump administration, among other things. One of the platform’s most prominent critics, somewhat unexpectedly, has become comic, writer, and actor…
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More cash-crunched companies turn to convertible notes
Convertible notes are not just for early stage startups any more. These promissory notes, which are structured as debt that convert into equity upon a specific event such as a certain date or the closing of a priced investment round, are increasingly being adopted by established companies that have already…
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The team behind Apple’s ‘Mythic Quest’ says video games aren’t the punch line
When Ubisoft first approached “It’s Always Sunny in Philadelphia” stars Rob McElhenney and Charlie Day about creating a new show set in the video game industry, McElhenney said they weren’t interested — at least, not initially. “Anything that we had ever seen in the past, from a movie or television…
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After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step
Snowflake, the cloud-based data warehouse company, doesn’t tend to do small rounds. On Friday night word leaked out about its latest mega round. This one was for $479 million on a $12.4 billion valuation. That’s triple the company’s previous $3.9 billion valuation from October 2018, and CEO Frank Slootman suggested…
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Watch two rocket launches live, including a Space Station supply flight and a mission to study the Sun
[embedded content] There are two – that’s right two – launches happening this Sunday, and both are set to broadcast live on NASA’s official stream above. The first is a NASA International Space Station resupply mission, with a Norhtrop Grumman Cygnus spacecraft launching aboard an Antares rocket from Wallops Island in…
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