GAIA Design has raised more capital to become the West Elm of Mexico

Designing higher end furniture for Mexico’s rising middle and upper-middle class consumers has netted the Mexico City-based GAIA $15 million in a new round of funding. The bridge round will take the company through to a much larger capital raise planned for 2021 as the company capitalizes on

WeWork employees used an alarmingly insecure printer password

A shared user account used by WeWork employees to access printer settings and print jobs had an incredibly simple password — so simple that a customer guessed it. Jake Elsley, who works at a WeWork in London, said he found the user account after a WeWork employee at his location mistakenly left t

Is fintech’s Series A market hot, or just overhyped?

According to industry reports, venture capital deal-making has notably rebounded since dropping off briefly in March as shelter-in-place orders gripped much of the country. As seed-stage fintech investors, this has certainly been our experience: “Hot” deals are getting funded faster than ever,

Human Capital: Uber Eats hit with claims of ‘reverse racism’

With less than one week left until the election, DoorDash made a late contribution of $3.75 million to try to ensure California's gig worker ballot measure Prop 22 passes. Meanwhile, Coinbase is looking for a head of diversity and inclusion and Uber was hit with claims of reverse racism. All th

MG Siegler talks portfolio management and fundraising 6 months into the COVID-19 pandemic

This week, GV General Partner (and technewss alum) MG Siegler joined us on Extra Crunch Live for a far-ranging chat about what it takes to foster a good relationship between investor and startup, how portfolio management and investing has changed as the COVID-19 crisis drags on, and what Siegler e

The 2020s promise better tech solutions to humanity’s biggest problems

Editor's note: Get this free weekly recap of technewss news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. Let’s think beyond Monday, for a minute, to the trends playing out in technology this coming decade. While humanity’s problems have ne

This Week in Apps: Facebook Gaming skips iOS, TikTok goes shopping, Apple One bundles arrive

"">Welcome back to This Week in Apps, the technewss series that recaps the latest OS news, the applications they support and the money that flows through it all. "">The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People are

TikTok stars got a judge to block Trump’s TikTok ban

TikTok has won another battle in its fight against the Trump administration’s ban of its video-sharing app in the U.S. — or, more accurately in this case, the TikTok community won a battle. On Friday, a federal judge in Pennsylvania issued an injunction that blocked the restrictions tha

Cough-scrutinizing AI shows major promise as an early warning system for COVID-19

Asymptomatic spread of COVID-19 is a huge contributor to the pandemic, but of course if there are no symptoms, how can anyone tell they should isolate or get a test? MIT research has found that hidden in the sound of coughs is a pattern that subtly, but reliably, marks a person as likely to be in t

Apple acknowledges AirPods Pro issues, will replace those that crackle and rattle

Are your AirPods Pro earbuds making weird noises? You’re not imagining it — and you’re not the only one. Just a few months after Apple started shipping AirPods Pro, some users started noticing that one or both of their earbuds were rattling or crackling. The noises would reportedly ge

Daily Crunch: Under Armour is selling MyFitnessPal

Under Armour gives up on one of its big acquisitions, Uber Eats faces complaints over its free delivery policy for Black restaurants and Facebook takes another step to limit QAnon-related content. This is your Daily Crunch for October 30, 2020. The big story: Under Armour is selling MyFitnessPal

iPhones can now tell blind users where and how far away people are

Apple has packed an interesting new accessibility feature into the latest beta of iOS: a system that detects the presence of and distance to people in the view of the iPhone’s camera, so blind users can social distance effectively, among many other things. The feature emerged from Apple’

Q3 earnings find Apple and Google looking to the future for hardware rebounds

“5G is a once-in-a-decade kind of opportunity,” Tim Cook told the media during the Q&A portion of Apple's Q3 earnings call. “And we could not be more excited to hit the market exactly when we did.” The truth of the matter is its timing was a mixed bag. Apple was, by some accounts, l

Google reveals a new Windows zero-day bug it says is under active attack

Google has dropped details of a previously undisclosed vulnerability in Windows, which it says hackers are actively exploiting. As a result, Google gave Microsoft just a week to fix the vulnerability. That deadline came and went, and Google published details of the vulnerability this afternoon. The