Unicorns gorge as investors dish up bigger rounds, more capital

 Is there a point when investors will turn off the spigots for giant unicorn funding rounds? If so, we haven’t reached that threshold yet. Here, we break down the leading locations for new and existing unicorns, top sectors for investment capital, exits and a few other trends affecting the space. Read More

DeRay Mckesson talks racial wealth gap and mass incarceration on CTRL+T

 On this week’s episode of CTRL+T, it’s all about flamethrowers (yes, the devices that throw flames), startups trying to get inside your mouth and education in the prison system. Later on, I chat with the one and only DeRay Mckesson, who is known for his social justice activism via #BlackLivesMatter protests in Ferguson, Missouri and Baltimore, Maryland. He’s also the host… Read More

How Facebook stole the news business

 Big news outlets stupidly sold their soul to Facebook. Desperate for the referral traffic Facebook dangled, they spent the past few years jumping through its hoops only to be cut out of the equation. Instead of developing an owned audience of homepage visitors and newsletter subscribers, they let Facebook brainwash readers into thinking it was their source of information. Now Facebook is… Read More

Storm Ventures brings on two new partners at enterprise-focused firm

 In a town full of venture capital firms, Storm Ventures has made its mark with a singular focus on the enterprise. This week, the company announced it has taken on two freshly minted partners, Arun Penmetsa and Paul Willard, to continue the mission. They are doubling the number of partners with this announcement. Penmetsa has been a principal at Storm for the last 3.5 years before being… Read More

What Silicon Valley tech VCs get wrong about consumer investing

Tech Hub food hall When I began fundraising for CircleUp six years ago, I encountered many investors whose eyes would glaze over when I mentioned “consumer.” These investors would fidget uncomfortably or drop their gaze when I explained that our platform would only provide capital to small CPG companies. I would often hear the skeptical comments, such as, “an energy bar company can’t… Read More

Ripcord CEO faces allegations of improper behavior

 fePerry Coneybeer, who left college at age 19 to work full-time at corporate file digitizing startup Ripcord, is alleging improper behavior by Ripcord CEO Alex Fielding. Coneybeer also alleges she was fired in retaliation for reporting a fellow employee to human resources. In a Medium post published today, Coneybeer alleges Fielding told graphic, sexual stories involving other employees. One… Read More

Apple says some iPhone 7s show “No Service” when they shouldn’t, will repair them for free

 Does your iPhone 7 say “No Service” when you’re oh-so-certain the signal is fine? Good news! You might be totally right.
Reports and rumors of a “No Service” bug impacting iPhone 7s have been floating around for well over a year now — and as of this afternoon, Apple is acknowledging the issue.
The company says it’s determined that “a small… Read More

NIH study links cell phone radiation to cancer in male rats

 New studies from the National Institutes of Health — specifically the National Toxicology Program — find that cell phone radiation is potentially linked with certain forms of cancer, but they’re far from conclusive. The results are complex and the studies have yet to be peer-reviewed, but some of the findings are clearly important enough to warrant public discussion. Read More

Original Content podcast: ‘Altered Carbon’ is a murder mystery in a body-swapping future

Altered Carbon Altered Carbon, released today by Netflix, is adapted from a science fiction novel by Richard K. Morgan. It tells the story of Takeshi Kovacs, a one-time rebel who’s forced to take on the role of detective and track down a rich man’s murderer. In this week’s episode of TechCrunch’s Original Content podcast, Jordan Crook, Darrell Etherington and Anthony Ha offer their… Read More

FCC gets ready to kick off $2 billion rural broadband fund

 The FCC has taken the final steps toward opening its Connect America Fund 2, which will disburse $2 billion in federal money over 10 years to support broadband infrastructure in rural areas throughout the country. A date for bidding and the final documentation of the process were finally released today — though a bit of official infighting acted as a reminder that not all is well at… Read More