Tesla wants to make every home a distributed power plant

Tesla CEO Elon Musk wants to turn every home into a distributed power plant that would generate, store and even deliver energy back into the electricity grid, all using the company’s products. While the company has been selling solar and energy storage products for years, a new company policy

Daily Crunch: iOS 14.5 brings privacy changes and more

Apple’s latest software upgrade brings a big change, Roku accuses Google of anti-competitive behavior and Brex raises a big funding round. This is your Daily Crunch for April 26, 2021. The big story: iOS 14.5 brings privacy changes and more Apple released the latest version of

Blockchain startup S!NG wants creators to lean on NFTs to protect their intellectual property

After a years-long crypto winter, it been the spring of NFTs, but as digital art prices sober up after an explosion in sales, blockchain founders are looking to find more stable opportunities in the space that can grow over time even as speculative interest in NFTs shifts. One particular interest h

Fifth Wall’s Brendan Wallace and Hippo’s Assaf Wand discuss proptech’s biggest opportunities

What is the biggest opportunity for proptech founders? How should they think about competition, strategic investment versus top-tier VC firms and how to build their board? What about navigating regulation? We sat down last week with Brendan Wallace, co-founder and general manager of Fifth Wall, and

Tesla grows 74% in the first quarter, besting expectations as its shares ease after hours

Today after the bell, American electric car company Tesla reported its Q1 2021 financial performance. The company lost modest ground on the stock market after its news broke. For the broader electric vehicle and battery startup market that has pursued many SPAC-led combinations in recent months, th

Founders who don’t properly vet VCs set up both parties for failure

There's a disconnect between reality and the added value investors are promising entrepreneurs. Three in five founders who were promised added value by their VCs felt duped by their negative experience. While this feels like a letdown by investors, in reality, it shows fault on both sides. Due

Lyft sells self-driving unit to Toyota’s Woven Planet for $550M

Ride-hailing company Lyft has sold off its autonomous vehicle unit to Toyota’s Woven Planet Holdings subsidiary for $550 million, the latest in a string of acquisitions spurred by the cost and lengthy timelines to commercialize autonomous vehicle technology. Under the acquisition agreement an

Dating app S’More bets on celebrity content with S’More TV

Dating startup S’More has launched a new feature called S’More TV, which CEO Adam Cohen-Aslatei said could give users new ways to talk to each other. It also bringing the startup closer to his goal of becoming not just a dating app, but “a lifestyle brand.” The videos on S&#

Save $100 on TC Early Stage 2021: Marketing and Fundraising before this Friday

Save $100 and learn how to build a stronger startup — that's what we're talking about! The crème de la crème of the startup ecosystem will gather on July 8-9 to share their expertise and impart their hard-won wisdom at TC Early Stage 2021: Marketing and Fundraising. Here's where the

How Brex more than doubled its valuation in a year

Brex, a fintech company that provides corporate cards and spend-management software to businesses, announced earlier today that it closed a $425 million Series D round of capital at a valuation of around $7.4 billion. The new capital came less than a year after Brex raised $150 million at a $2.9 bi

Hear about building AVs under Amazon from Zoox CTO Jesse Levinson at TC Sessions: Mobility 2021

Last year, autonomous driving startup Zoox was acquired by Amazon in a deal worth $1.3 billion. Since then, Zoox has continued to pursue its existing strategy of developing and deploying autonomous passenger vehicles, revealing the design of its long-anticipated robotaxi late in December. From conc

Cloudflare rallies the troops to fight off another so-called patent troll

"">Nearly four years ago, we wrote about a battle between Cloudflare, the San Francisco-based internet security and performance company, and Blackbird Technologies, a firm that quickly amassed dozens of patents, then began using them to file dozens of patent infringement lawsuits against companies

Netflix won seven Oscars last night

After everything was wrapped up at a very weird Oscars ceremony, original films released by Netflix had won seven statuettes. The streaming service’s awards include two for “Mank” (production design and cinematography), two for “Ma Rainey’s Black Bottom” (hair/ma

Airbus taps Luminar to test how lidar could be used to make flying safer and autonomous

Luminar Technologies is expanding its lidar business beyond automotive and into aviation through a partnership with Airbus. The collaboration with the French aerospace giant, which was announced Monday morning, marks the latest in a string of partnership announcements between Luminar and companies