Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi […]
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Moribund EV startup Faraday Future could receive up to a $350 million lifeline to help launch its first vehicle, according to a regulatory filing. The company said Monday it has signed a deal with an affiliate of Yorkville Advisors Global for an equity line of credit up to $350 million. The financing, which entails an […]
Faraday Future gets a lifeline to raise up to $350 million by Jaclyn Trop originally published on TechCrunch
It’s no secret that VC spending in 2022 did not take a page from the wild funding spree that was 2021. This year’s more measured approach has had a cooling effect — particularly on space-related startups. In Q3 alone, investments in 79 space companies hit $3.4 billion — down 44% from Q3 2021. Still, some […]
Playground, Seraphim and Root VCs talk funding trends at TC Sessions: Space by Lauren Simonds originally published on TechCrunch
Hulu is expanding its Live TV line-up with 14 new channels, such as Hallmark Channel, The Weather Channel, Comedy.TV, JusticeCentral.TV, TheGrio Television Network, and six channels from the music video network Vevo. The new channels bring the total to over 85 channels, which include entertainment, live sports, and national and local news. Today, November 14, […]
Hulu Live TV adds 14 channels including Hallmark and The Weather Channel by Lauren Forristal originally published on TechCrunch
Many small to mid-sized food distributors still run on pen and paper. This makes it difficult to pinpoint things like how certain products are performing and customer churn. It also makes it hard for businesses to comply with the FDA’s new food traceability regulations. Butter’s solution is an all-in-one management system that helps distributors run […]
Gradient backs Butter’s operating system for food distribution businesses by Catherine Shu originally published on TechCrunch
NFT marketplace Joepegs raised $5 million in a seed round led by FTX Ventures and the Avalanche Foundation
FTX and Avalanche co-led $5M round for Joepegs NFT marketplace by Jacquelyn Melinek originally published on TechCrunch
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
Cleanup, aisle FTX by Alex Wilhelm originally published on TechCrunch
Micromobility company Bird said Monday it had overstated its revenue for more than two years by recognizing unpaid customer rides. Bird’s audit committee found on Friday that the company’s financial reports spanning the first quarter of 2020 through the second quarter of 2022 “should no longer be relied upon,” according to a U.S. Securities and […]
Bird tells SEC it overstated revenue for two years by Jaclyn Trop originally published on TechCrunch
Twitter Blue, Twitter’s paid tier, appears to be on ice at the moment as the company tries to navigate how to control it from being abused by impersonators while still promoting it as a mass market product to build out a new revenue stream among “official” users and the hundreds of millions of others who […]
Musk says orgs will soon verify affiliated accounts; Blue sign-ups and name changes will be reinstated end of this week by Ingrid Lunden originally published on TechCrunch