The Technology Live

COVID-19 fails to stop the march of the unicorns

We’re digging into Q2 2020 venture capital results this week. Today we are exploring U.S.-specific results after taking a broader perspective yesterday. As with every quarter, our goal is to understand how strong, or not, the domestic and global VC markets are so that we can better follow the pace of startup dealmaking. The Exchange […]
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BigCommerce files to go public

As expected, BigCommerce has filed to go public. The Austin, Texas, based e-commerce company raised over $200 million while private. The company’s IPO filing lists a $100 million placeholder figure for its IPO raise, giving us directional indication that this IPO will be in the lower, and not upper, nine-figure range. BigCommerce, similar to public […]
https://tcrn.ch/2OnRSZK

Superstrata opens pre-orders on a pair of 3D-printed bicycles

There’s one thing I can’t stop thinking about every time I look at the Superstrata: Just how quickly the thing would get stolen. That’s no knock against the bike itself — in fact, it’s probably a point in its favor. If anything, it’s probably just another in a long list of signs that I’ve been […]
https://tcrn.ch/38Tjy1Y

Emily Heyward will teach you how to make your brand awesome at TC Early Stage

If you’re currently building a startup, you know what product you want to build. But do you know if people are actually going to notice you? Emily Heyward from Red Antler can tell you how to get people obsessed with your brand. Join us at TC Early Stage online to understand what makes a specific […]
https://tcrn.ch/304XAFs

WeWork’s chairman says it expects to have positive cash flow in 2021

After aggressive cost-cutting measures, including mass layoffs and selling several of its businesses, WeWork’s chairman expects the company to have positive cash flow in 2021. Marcelo Claure, who became WeWork’s chairman after co-founder Adam Neumann resigned as chief executive officer last fall, told the Financial Times that the co-working space startup is on target to […]
https://tcrn.ch/3emGtEd

China Roundup: Tech giants take stance on Beijing’s data control in Hong Kong

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, the unprecedented national security law descended on Hong Kong, changing the day-to-day life of the people there, as well as businesses across the […]
https://tcrn.ch/3iXUKL9

Qualcomm to invest $97 million in India’s Reliance Jio Platforms

Qualcomm has become the newest high-profile backer of four-year-old Reliance Jio Platforms, which has raised more than $15.7 billion in the past 12 weeks from as many investors. On Sunday evening, Qualcomm Ventures said it will invest $97 million in Reliance Jio Platforms to acquire a 0.15% equity stake “on a fully diluted basis” in the […]
https://tcrn.ch/2WbaW1L