Facebook takes down 16,000 groups trading fake reviews after another poke by UK’s CMA

Facebook has removed 16,000 groups that were trading fake reviews on its platform after another intervention by the UK’s Competition and Markets Authority (CMA), the regulator said today. The CMA has been leaning on tech giants to prevent their

Mortgage is suddenly sexy as SoftBank pumps $500M in Better.com at a $6B valuation

Digital mortgage lender Better.com has raised a $500 million round from Japanese investment conglomerate SoftBank that values the company at $6 billion. The financing is notable for a few reasons. For one, that new $6 billion valuation is up 50% from

Setting up a management board for success with Dave Easton

Viewed from the outside, board selection and corporate governance can seem like a bit of a black box — particularly at a startup. Generation Investment Management partner Dave Easton spoke at TechCrunch Early Stage about how to build a board as a f

Black Innovation Alliance, Village Capital team up to support founders of color

Black Innovation Alliance and Village Capital today announced Resource, a national initiative aimed at boosting the efforts of entrepreneur support organizations (ESOs) led by, and focused on, founders of color. The motivation behind the project is s

Stanford and Duke join certification program to boost diversity education with investors and the C-suite

A partnership between the University of North Carolina’s Kenan Flagler Entrepreneurship Center, the Opportunity Hub and 100 Black Angels and Allies Fund, set up to improve representation and support of diverse founders in the tech industry, is

The consequences of scaling up sneaker culture

StockX’s mission is “to provide access to the world’s most coveted items in the smartest way possible.” It says it right on the website, and it’s incontestable that the infinite data StockX makes transparent to anyone for free allows for sm

Tech in Mexico: A confluence of Latin America, the US and Asia

Kevin Xu Contributor Share on Twitter Kevin Xu is an early-stage investor and founder of Interconnected, a bilingual newsletter covering tech, business and U.S.-Asia relations. Mexic

How is edtech spending its extra capital?

Edtech unicorns have boatloads of cash to spend following the capital boost to the sector in 2020. As a result, edtech M&A activity has continued to swell. The idea of a well-capitalized startup buying competitors to complement its core business

Gillmor Gang: ZoomHouse

I use Feedly to work my way through each day’s stream of politics, tech and media stories. Today, I am greeted with a picture of something called Feedly Cloud and the following message: Scheduled Maintenance Feedly will be back in less than 30

Holler raises $36M to power ‘conversational media’ in your favorite apps

Holler, described by founder and CEO Travis Montaque as “a conversational media company,” just announced that it’s raised $36 million in Series B funding. You may not know what conversational media is, but there’s a decent cha

Pipe, which aims to be the ‘Nasdaq for revenue,’ raises more money at a $2B valuation

Fast-growing fintech Pipe has raised another round of funding at a $2 billion valuation, just weeks after raising $50 million in growth funding, according to sources familiar with the deal. Although the round is still ongoing, Pipe has reportedly rai

The Tonal EC-1

Back in the halcyon days of 2019, we piloted a new format for Extra Crunch we dubbed the EC-1. Modeled after the Form S-1 filing that late-stage startups submit to the SEC as part of the IPO process, EC-1s are authoritative, deep analyses into growth

Equity Monday: Deliveroo, ServiceTitan and Robinhood for everywhere

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, di

Woven Capital kicks off portfolio with investment in autonomous delivery company Nuro

Woven Capital, the investment arm of Toyota’s innovation-focused subsidiary Woven Planet, has announced an investment into Silicon Valley-based autonomous delivery vehicle company Nuro. This kicks off the new $800 million strategic fund, which