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Following unionization, Glitch signs collective bargaining agreement Mar 03, 2021

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In another key moment for the growing tech labor movement, Glitch employees today announced that they have signed a collective bargaining agreement with the company. The move comes a year after the site’s workforce voted to join the Communications Workers of America Local 1101.

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Facebook will pay $650 million to settle class action suit centered on Illinois privacy law Mar 02, 2021

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Facebook was ordered to pay $650 million FridayÂ for running afoul of an Illinois law designed to protect the state’s residents from invasive privacy practices.

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Calling Zagreb Investors: Be featured in The Great TechCrunch Survey of European VC Mar 02, 2021

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TechCrunch is embarking on a major project to survey the venture capital investors of Europe, and their cities. Our survey of investors in Zagreb will capture how Croatia is faring, and what changes are being wrought amongst investors by the coronavirus pandemic.

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Salesforce delivers, Wall Street doubts as stock falls 6.3% post-earnings Mar 01, 2021

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Wall Street investors can be fickle beasts. Take Salesforce as an example. The CRM giant announced a $5.82 billion quarter when it reported earnings yesterday.

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Sources: Lightspeed Venture Partners is close to hiring a new London-based partner to put down further roots in Europe Mar 01, 2021

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Lightspeed Venture Partners, the well-known Silicon Valley venture capital firm that has backed the likes of DoubleClick and Snapchat, is in the midst of hiring a new London-based investment partner as it looks to put down further ties to Europe, TechCrunch has learned.

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Newsela, the replacement for textbooks, raises $100M and becomes a unicorn Feb 26, 2021

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Newsela, a SaaS platform for K-12 instructional material backed by the likes of TCV, Kleiner Perkins, Reach Capital, and Owl Ventures, announced today that it has raised $100 million in a Series D round. The financing was led by new investor Franklin Templeton, and brings Newsela’s valuation to $1 billion. The new round is larger […]

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USV has been aggressively selling off shares in Coinbase in run up to IPO Feb 26, 2021

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Coinbase’s S-1 publicly dropped this morning with much anticipation. My colleague Alex Wilhelm has the high-level details, but there was one major wrinkle for the crypto trading darling: two of its early investors seem to be cutting down their stakes pre-IPO. Coinbase files to go public in a key listing for the cryptocurrency category The […]

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Oak HC/FT closes on $1.4 billion to invest in fintech and healthcare startups Feb 25, 2021

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Oak HC/FT general partners Annie Lamont, Andrew Adams and Tricia Kemp invested in healthcare and fintech before the two sectors were mainstream, and today, as a result of that early intuition and a handful of key exits, the trio has over a billion dollars in new fund money to show for it. The firm announced […]

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Francisco Partners is acquiring MyHeritage, sources say for $600M Feb 25, 2021

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Genealogy tracking online is a big business, and today comes some M&A news for one of the bigger names in the field. TechCrunch has learned and confirmed that Israel’s MyHeritage.com — which lets people test DNA and track their family lineage and has some 62 million users — is getting acquired by Francisco Partners, for […]

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Twitter relaunches test that asks users to revise harmful replies Feb 24, 2021

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Twitter is running a new test that will ask users to pause and think before they tweet. According to the company’s announcement, when Twitter detects what appears to be a potentially harmful or offensive reply to someone else’s tweet, it will prompt you to consider revising your text instead of tweeting. Users whose tweets are […]

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