Arrival, the once buzzy EV startup that went public via a merger with blank check company, is in its final death throes. The company has secured a $50 million bridge loan, funds that will to keep it afloat long enough to explore a potential sale, according to a regulatory filing posted Wednesday. The additional liquidity, […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we sit down with a key topic and dive deep into it. This week we brought TechCrunch’s own Rebecca Bellan […]
© 2023 TechCrunch. All rights reserved. For personal use only.
“Sober curious” and “mindful drinking” have become popular terms in recent years, with 47% of the U.S. adult population wanting to cut back on alcohol. Sunnyside, the app promoting healthy drinking habits, secured $11.5 million in Series A funding led by Motley Fool Ventures with major participation from Will Ventures, the company announced today. The funds will help […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Ecommerce behemoth Amazon has joined the growing list of tech giants getting formal requests for information (RFIs) from European Union regulators overseeing the bloc’s rebooted digital rulebook, the Digital Services Act (DSA). The European Commission said today it’s asked Amazon to provide it with more information on measures it’s taken to comply with DSA obligations […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Truepill, a digital health startup that provides pharmacy fulfillment services for healthcare organizations, has confirmed that hackers accessed the personal data of more than 2.3 million patients. In a data breach notice published on its website, the company says Postmeds, the parent company behind TruePill, experienced a “cybersecurity incident” that allowed unnamed attackers to gain […]
© 2023 TechCrunch. All rights reserved. For personal use only.