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Porsche raises stake in electric car and components maker Rimac Automobili - techcrunch

Porsche raises stake in electric car and components maker Rimac Automobili

Rimac Automobili, the Croatian company known for its electric hypercars and battery and powertrain development, has gained yet another investment from Porsche AG. Porsche said Monday it has invested 70 million euros ($83.3 miilion) into Rimac, a move that increases its stake from 15% to 24%. This is the third time Porsche has invested into […]
techcrunch - 23 minutes ago
OnePlus recruits Hasselblad for three-year smartphone imaging deal - techcrunch

OnePlus recruits Hasselblad for three-year smartphone imaging deal

Imaging has long been the primary battlefield on which the smartphone battles are waged. It makes sense. The thing about smartphones in 2021 is that they’re mostly very good. Sure, there are differentiators, but if you spend a decent amount on a device from any major manufacturer, you’re probably going to get a pretty good […]
techcrunch - 2 hours ago
Google unveils $25 million in grants aimed at empowering women and girls - techcrunch

Google unveils $25 million in grants aimed at empowering women and girls

Google announced a range of programs as well as grants worth $25 million on Monday to fund works of nonprofits and social enterprises that are committed to empower women and girls. The effort, unveiled on Internet Women’s Day, is aimed at addressing systemic barriers so that women get access to economic equality, opportunity to build […]
techcrunch - 2 hours ago
Chinese beauty app Meitu bought $40 million worth of cryptocurrency - techcrunch

Chinese beauty app Meitu bought $40 million worth of cryptocurrency

Following in the footsteps of Tesla, Chinese app maker Meitu has joined the ranks of cryptocurrency investment. In the early 2010s, Meitu reached such dominance in the portrait touch-up space that its eponymous flagship app became a verb for “photo beautifying” in China. But in recent years, as smartphones became to offer built-in filters, photo […]
techcrunch - 3 hours ago
Gillmor Gang: Win Win - techcrunch

Gillmor Gang: Win Win

Just finished a Twitter Spaces session. It is an engaging platform, somewhat clunky in feature set but easily a tie overall with Clubhouse. I don’t see this as a horse race, however, more as cooperating teams fleshing out a platform where both will be major players. Like notifications in iOS and Android, the feature set […]
techcrunch - 9 hours ago
The iMac Pro is being discontinued - techcrunch

The iMac Pro is being discontinued

Chalk this up to inevitability. The iMac Pro is soon to be no more. First noted by 9to5Mac, TechCrunch has since confirmed with Apple that the company will stop selling the all-in-one once the current stock is depleted. One configuration of the desktop is still available through Apple’s site, listed as “While Supplies Last” and […]
techcrunch - 9 hours ago
4 Actionable Tips for Naming Your Next Startup - readwrite

4 Actionable Tips for Naming Your Next Startup

With a lot of conviction and contemplation, you have stepped into the world of startups. You have undergone the grind of evaluating and reevaluating your startup, chalked out a roadmap, did market research, and came up with prototypes. And now you’re ready to manifest your plan into a profitable business. What’s in a Name? But […] The post 4 Actionable Tips for Naming Your Next Startup appeared first on ReadWrite.
readwrite - 16 hours ago
VC Lindy Fishburne on the sudden democratization of science — and deep tech investing - techcrunch

VC Lindy Fishburne on the sudden democratization of science — and deep tech investing

Deep science investor Lindy Fishburne cofounded the seed- and early-stage venture firm Breakout Ventures several years ago, after cofounding Breakout Labs within the Thiel Foundation back in 2011, and she has made a wide array of interesting bets in the process. Among her firm’s portfolio companies is Cortexyme, a now publicly traded company that’s currently […]
techcrunch - 2 days ago
A first look at Coursera’s S-1 filing - techcrunch

A first look at Coursera’s S-1 filing

After TechCrunch broke the news yesterday that Coursera was planning to file its S-1 today, the edtech company officially dropped the document Friday evening. Coursera was last valued at $2.4 billion by the private markets, when it most recently raised a Series F round in October 2020 that was worth $130 million. Coursera’s S-1 filing […]
techcrunch - 2 days ago
Snowflake latest enterprise company to feel Wall Street’s wrath after good quarter - techcrunch

Snowflake latest enterprise company to feel Wall Street’s wrath after good quarter

Snowflake reported earnings this week, and the results look strong with revenue more than doubling year-over-year. However while the company’s fourth quarter revenue rose 117% to $190.5 million, it apparently wasn’t good enough for investors who have sent the company’s stock tumbling since it reported Wednesday after the bell. It was similar to the reaction […]
techcrunch - 2 days ago
The owner of Anki’s assets plans to relaunch Cozmo and Vector this year - techcrunch

The owner of Anki’s assets plans to relaunch Cozmo and Vector this year

Good robots don’t die — they just have their assets sold off to the highest bidder. Digital Dream Labs was there to sweep up IP in the wake of Anki’s premature implosion, back in 2019. The Pittsburgh-based edtech company had initially planned to relaunch Vector and Cozmo at some point in 2020, launching a Kickstarter […]
techcrunch - 2 days ago
Deep Science: AI adventures in arts and letters - techcrunch

Deep Science: AI adventures in arts and letters

There's more AI news out there than anyone can possibly keep up with, but you can stay tolerably up to date on the most interesting developments with this column.
techcrunch - 2 days ago
Tesla has closed its forums to launch a social platform and fans are not happy - techcrunch

Tesla has closed its forums to launch a social platform and fans are not happy

Tesla plans to shut down the forums section on its website as it launches a new social platform called the Tesla Engagement Platform, a move that’s raised the ire of a community of its most ardent supporters. Tesla first announced the new engagement platform with a notice at the top of its forums page that […]
techcrunch - 2 days ago
How and when to hire your first product manager - techcrunch

How and when to hire your first product manager

In the world of early-stage startups, job titles are often a formality. In reality, each employee may handle a dozen responsibilities outside their job description. The choose-your-own-adventure type of work style is part of the magic of startups and often why generalists thrive here. However, as a company progresses and the team grows, there comes […]
techcrunch - 2 days ago
How Rani Therapeutics’ robotic pill could change subcutaneous injection treament - techcrunch

How Rani Therapeutics’ robotic pill could change subcutaneous injection treament

A new auto-injecting pill might soon become a replacement for subcutaneous injection treatments. The idea for this so-called robotic pill came out of a research project around eight years ago from InCube Labs—a life sciences lab operated by Rani Therapeutics Chairman and CEO Mir Imran, who has degrees in electrical and biomedical engineering from Rutgers […]
techcrunch - 2 days ago
Address cybersecurity challenges before rolling out robotic process automation - techcrunch

Address cybersecurity challenges before rolling out robotic process automation

The security aspect of RPA isn’t implemented in the early stages of development — leaving organizations vulnerable to cybercriminals.
techcrunch - 2 days ago
Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform - techcrunch

Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform

‍Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. Founded in 2018, San Francisco’s platform is designed to be used as a payment tool around the world for daily-use transactions. The company emphasizes that it’s “not a bank, […]
techcrunch - 2 days ago
Early-stage investor Mayfield shows how to scaleup your biotech startup at TC Early Stage in April - techcrunch

Early-stage investor Mayfield shows how to scaleup your biotech startup at TC Early Stage in April

Founders in the earliest stages of startup life face a hefty learning curve. Just some of the core competencies you need to lock down include how to raise VC funding, recruiting the right people, finding product-market fit, and building a killer go-to-market team. The list goes on and on…and on. You’ll learn about all those […]
techcrunch - 2 days ago
Albertsons taps Tortoise for remote-controlled grocery delivery robots - techcrunch

Albertsons taps Tortoise for remote-controlled grocery delivery robots

Albertsons Companies, the grocery giant that owns Safeway and Jewel-Osco, has launched a pilot program that will test grocery delivery using remote-controlled delivery robots developed by Silicon Valley startup Tortoise. The pilot will start at two Safeway locations in Northern California, although Tortoise co-founder and president Dmitry Shevelenko said if successful, he expects the pilot […]
techcrunch - 2 days ago
The technology selloff is getting to be somewhat material - techcrunch

The technology selloff is getting to be somewhat material

Tech stocks are getting hammered today, with previously high-flying shares of software companies taking even more damage. For a sector that has enjoyed a year in the sun, recent trading sessions have punctured a period of market adoration. It is too soon to say that the market is repricing tech stocks, but the selloff has […]
techcrunch - 2 days ago
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techcrunch
Lessons from Top Hat’s acquisition spree

Lessons from Top Hat’s acquisition spree

techcrunch - 1 month ago

Top Hat, a startup that digitizes textbooks and turns them into an interactive experience for college students, announced on Wednesday that it has acquired yet another business: Fountainhead Press. The acquisition marks Top Hats third scoop of a publishing company in the past 12 months.

Consolidation is going to be huge in the next few years for edtech, as bigger players raise enough financing (and gain profits) to be able to afford other businesses.

Top Hats whole business proposition is a subtweet to Zoom University: It wants to make learning an active, online experience and completely digital. That focus has let them reach 3.5 million students and thousands of universities. With a new acquisition, Top Hat is bringing more content into its fold, and with it, more customers who need a better solution to a dusty textbook.

I caught up with Top Hat CEO and founder Mike Silagadze to understand what has triggered this string of content acquisitions. While the M&A isnt tech-focused, we can learn about how a well-funded edtech startup is navigating the early innings of 2021.

Well talk about the shift from offline to online, edtechs consolidation environment and why the sell to Pearson or bust mindset might officially be out the door for the sector.

Offline to online

sauce: techcrunch
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