[ad_1] New Relic, the San Francisco-based observability software company, has reached an agreement with private equity firms TPG and Francisco Partners to go private in a $6.5 billion all-cash deal. As reported by CNBC, TPG and Francisco Partners were able to salvage a deal that initially fell through months ago after securing enough debt financing … Read more
[ad_1] Misfits Market CEO Abhi Ramesh thinks we’re in a ‘normalization period’ The instant grocery delivery market has been on a roller coaster ride over the past few years, and recently the ride has been down. For example, Dunzo, a hyperlocal delivery startup in India, reportedly postponed employee salaries for a month and plans additional … Read more
[ad_1] The Chevrolet Blazer EV, a battery electric SUV that is part of GM’s bid to surpass Tesla in U.S. EV sales by 2025, is headed to dealerships. The automaker said Monday that the first 2024 Chevrolet Blazer EVs have started shipping from GM’s factory in Ramos Arizpe, Mexico. GM also released details on pricing … Read more
[ad_1] It’s become an internet pastime to point out all the things that Elon Musk is wrong about and all the ways he’s wrong about them. A list of them could be an article of its own, but in lieu of that, here’s a link that should suffice. Instead, this article is about something that … Read more
[ad_1] Kimberly Bryant has had quite a few ups and downs during her journey as an entrepreneur, especially over the past year. Known for founding Black Girls Code, a nonprofit organization that helps young Black girls enter STEM fields, Bryant faced a slew of problems in 2021, when tensions started boiling between her, her employees, … Read more
[ad_1] Monitoring service New Relic this morning said it has agreed to be acquired by Francisco Partners and TPG for $6.5 billion in cash. Shares of the company, which went public back in 2014, are up around 13.5% on the news. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or … Read more
[ad_1] As the battle among would-be Twitter rivals continues, one of the smaller apps to via for Twitter (now X‘s) fleeing user base, T2, has added an in-demand feature that even Meta’s Threads doesn’t yet have: DMs. The company recently announced it added support for direct messages, which has been among users’ top requests, it … Read more
[ad_1] The U.S. Securities and Exchange Commission (SEC) said it is suing Richard Schueler, known online as Richard Heart and his three crypto projects, Hex, PulseChain and PulseX, for conducting unregistered offerings of “crypto asset securities.” The unregistered offerings raised more than $1 billion in crypto from investors, the agency stated. Heart and PulseChain also … Read more
[ad_1] When Kevin Systrom and Mike Krieger co-founded Instagram in 2010, they basically invented photo-based social networking in the modern mobile era. Fast-forward to 2012 and a $1 billion acquisition by Facebook — and then again to 2018 when Systrom stepped down to research his next company. That’s one heck of an eight-year ride. Fast-forward … Read more
[ad_1] SpaceX conducted a full-pressure test of a new water deluge system for its Starship launch vehicle on Friday, as the company looks to resolve one of the biggest problems that cropped up during the orbital flight test in April. It’s a major step toward making the launch infrastructure ready to support a second test … Read more