Tag: business
Peloton will pay $420 million to acquire fitness equipment maker Precor
Home fitness tech has been on a tear in 2020, and one major player is gearing up to capitalize on shifting workout habits for the long haul. In a press release, Peloton today confirmed its plans to acquire Precor, a maker of home and commercial-grade… Source
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Watch Space Force commander Gen. John Raymond explain public-private partnerships for space defense
General John “Jay” Raymond spoke at TechCrunch Sessions: Space earlier this week where he touched on a variety of subjects. The talk came on the eve of Space Force’s first birthday, having been founded on December 20, 2019. Space Force commander explains how the new military service operates like a…
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ClickUp CEO talks hiring, raising and scaling in the white-hot productivity space
Few young software companies have had as great a year as San Diego-based ClickUp. The company, which makes business productivity tools for task management, goals and docs, raised its first bit of outside funding in mid-2020. Just six months later, it has reached a $1 billion valuation after doubling its…
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Despite the pandemic, small business optimism persists
Kathryn Petralia Contributor Kathryn Petralia is the president and co-founder of Kabbage, an American Express Company providing small businesses cash flow solutions. Businesses and consumers alike are finding ways to adapt and stay resilient during these unprecedented times. Though recovery may take time, a new report confirms the strength of…
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Bristol entrepreneur who exited for $800M doubles-down on the city with deep-tech incubator and VC fund
Harry Destecroix co-founded Ziylo while studying for his PhD at the University of Bristol. Ziylo, a university spin-out company, developed a synthetic molecule allowing glucose to bind with the bloodstream more effectively. Four years later, and by then a Phd, Destecroix sold the company to Danish firm Novo Nordisk, one…
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The UK is creating a new agency to regulate Big Tech
The UK plans to create a new agency to regulate large tech companies such as Google and Facebook. Starting in April 2021, the newly minted Digital Markets Unit (DMU), which will be a part of the country’s existing Competition and Markets Authority (C… Source
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