Page 31 - Extra Crunch News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. Before jump into micromobbin’ and the rest, I wanted to point you to another Extra Crunch piece, this time a deep dive into second-life batteries. As Aria Alamalhodaei reports: The average electric vehicle lithium-ion battery can retain up to 70% of its charging capacity after being removed. The business proposition for second-life batteries is therefore intuitive: Before sending the battery to a recycler, automak...

Hello friends, and welcome back to Week in Review! Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with Twitter for a $4 billion acquisition, so it looks like they’re still pretty desirable. This week, I’m talking about a story I published a couple […]

Let’s talk about gaslighting and fundraising “Most of the startups I give advice to about how to raise venture capital shouldn’t be raising venture capital,” an investor recently told me. While the idea that every startup isn’t venture-backable might run counter to the narrative to the barrage of funding news each week, I think it’s important to double click on the topic. Plus, it keeps coming up, off the record, on phone calls with investors! As venture grows as an asset class, the access to capital has broadened from a dollar perspective, but I do think the difficulties that rem...

Ready? Let’s talk money, startups and spicy IPO rumors. The startup world could be in for a busy summer. Today the economy is improving. Unemployment is falling, while interest rates are staying low. There’s lots of new capital on offer, and some expectation that we’ll get back to Q1’s IPO wave in Q3. Throw in widespread vaccinations and a return to something akin to our old lives, and the world of business could be ready to accelerate further in short order.  There are caveats, of course. Lots of folks are being left behind in the recovery. And vaccine hesitancy is as lethally stupi...

The big story: Facebook faces questions over data breach A data breach involving personal data (such as email addresses and phone numbers) of more than 500 million Facebook accounts came to light over the weekend thanks to a story in Business Insider. Although Facebook said the breach was related to a vulnerability that was “found and fixed” in August 2019, the Irish Data Protection Commission — Facebook’s lead data regulator in the European Union — suggested that it’s seeking the “full facts” in the matter. “The newly published dataset seems to comprise the original 2018 (p...