Uber adjusts third-quarter forecast in light of increased gross bookings

Uber said Tuesday that it could hit one measure of profitability in the third quarter, earlier than expected as the ride-hailing company saw gains in its delivery and mobility businesses. The ride-hailing service told regulators in a filing this morning that it anticipated an increase in gross bookings and stronger adjusted EBITDA in the quarter […]

Really, this market isn’t good enough?

It’s the first day of Disrupt, so things are a bit busy here at TechCrunch. In honor of that fact, entries from The Exchange concerning NFT volume viz recent marketplace valuations and how an accelerating pace of change helps startups by exposing more market voids will have to wait. But we do have time this […]

What’s happening today at TechCrunch Disrupt 2021

And we’re off to the races! Welcome to the official start of TechCrunch Disrupt 2021. Over the next three days, we play giddy host to icons, trendsetters and emerging technologies — plus a veritable panoply of innovative startups and the brilliant people behind them. Settle in and get ready to mine Disrupt for knowledge, trends, […]

Tumblr’s subscription product Post+ enters open beta after much scrutiny from users

Tumblr is entering open beta for its subscription product Post+, meaning that all U.S. users can now try out the monetization feature. The product launched in closed beta in July, allowing users hand-picked by Tumblr to place some of their content behind a monthly paywall. This marked the first time that Tumblr allowed bloggers to […]

Niio announces $15M Series A following strategic partnership with Samsung Displays

Niio, a Tel Aviv-based digital art platform featuring work ranging from contemporary artists and galleries through to NFTs, announced today it has closed $15 million Series A funding in the wake of a strategic partnership with Samsung Displays, announced last week. The round was co-led by L Catterton, a joint venture between LVMH and Catterton, Entrée Capital […]

NEX raises $25M, launches Active Arcade to get people moving

There is a physical activity deficit in our world. Three fourths of adults say staying in shape is very important for health benefits. Yet, one in four adults and 81% of adolescents are insufficiently physically active, according to the World Health Organization. Even before COVID-19, less than 24% of children 6 to 17 years of […]

Salesforce reaches Net Zero energy usage, announces updates to Sustainability Cloud

Salesforce has often preached about responsible capitalism, and today at Dreamforce, the company’s annual customer extravaganza, it announced a notable achievement in the battle against global climate change. The company said that it has achieved effective Net Zero energy usage across its entire value chain with 100% renewable energy, while purchasing carbon offsets when that’s […]

Battery Resourcers raises $70M to grow closed-loop battery supply chain

Battery Resourcers, a startup that’s developing a closed-loop approach to lithium-ion battery materials, has raised $70 million in mid-round funding to scale its commercial operations across two continents. The company, which is based in Worcester, Massachusetts, doesn’t just recycle batteries. It’s also engineered a process to turn that recycled material back into critical battery materials […]