Investors still love software more than life – TechCrunch

Stonks, flying burritos and my boss’s boss’s boss’s boss – TechCrunch

Welcome back to The TechCrunch Exchange, a weekly newsletter for startups and markets. It’s based largely on the daily column that appears on Extra Crunch, but it’s free and made for your weekend reading. Would you like it in your inbox every Saturday morning? Login here. Ready? Let’s talk about money, startups and hot IPO … Read more

Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company – TechCrunch

Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company – TechCrunch

The man who probably ushered in the current SPAC rush with the merger of Virgin Galactic with his holding company Social Capital Hedosophia has sold the rest of his personal stakes in the space tourism company. Chamath Palihapitiya, who serves as Virgin Galactic’s chief executive officer, still owns 6.2% of the company’s shares in partnership … Read more

InsurGrid raises pre-seed financing to help modernize legacy insurance agents – TechCrunch

InsurGrid raises pre-seed financing to help modernize legacy insurance agents – TechCrunch

Insurance agents spend hours completing paperwork and getting customer information over the phone. InsurGrid, a new startup in the seed stage, has developed a software solution that simplifies the process and makes it easier for agents to serve existing customers – and secure new customers. InsurGrid offers agents a personalized platform for collecting information from … Read more

Indian state government website exposed COVID-19 lab test results – TechCrunch

Indian state government website exposed COVID-19 lab test results – TechCrunch

A security flaw A website operated by the Indian government in West Bengal published the laboratory results of at least hundreds of thousands of residents, but probably also of millions who took a COVID-19 test. The website is part of the West Bengal government’s mass coronavirus testing program. Once there is a COVID-19 test result, … Read more

Firms backed by Robert Downey Jr. and Bill Gates have funded an electric motor company that slashes energy consumption – TechCrunch

Firms backed by Robert Downey Jr. and Bill Gates have funded an electric motor company that slashes energy consumption – TechCrunch

Sometimes the smallest innovations can have the greatest impact on global efforts to curb global climate change. Arguably one of the greatest contributions to combating climate change has been the move to the humble LED light, which has reduced hundreds of millions of tons of carbon dioxide emissions by simply reducing energy consumption in buildings. … Read more

West Tenth’s app encourages women to start home businesses, not join MLMs – TechCrunch

West Tenth’s app encourages women to start home businesses, not join MLMs – TechCrunch

A new digital marketplace called West Tenth, now backed with $ 1.5 million in seed funding, aims to provide women with a platform to start and grow their businesses at home. Using the mobile app, women can promote their business to others in the local community, then answer queries and inquiries via the app’s integrated … Read more

Square’s bank arm launches as fintech aims ‘to operate more nimbly’ – TechCrunch

Square’s bank arm launches as fintech aims ‘to operate more nimbly’ – TechCrunch

Known for its innovations in payments, Square is now officially a bank. Almost a year after receiving conditional approvalSquare said Monday afternoon that its industrial bank has Square Financial Services put into operation. Square Financial Services has completed the charter approval process with the FDIC and the Utah Department of the Treasury, which means the … Read more

Lime unveils new ebike as part of $50 million investment to expand to more 25 cities – TechCrunch

Lime unveils new ebike as part of $50 million investment to expand to more 25 cities – TechCrunch

Lime announced Monday that $ 50 million had been allocated to operate bicycle parts. This investment was used to develop a new e-bike and will fund expansion this year to an additional 25 cities in North America, Europe as well as Australia and New Zealand. If the company achieves its goal, Lime’s bike share service … Read more

How investors are valuing the pandemic – TechCrunch

Stonks, flying burritos and my boss’s boss’s boss’s boss – TechCrunch

Welcome back to The TechCrunch Exchange, a weekly newsletter for startups and markets. It’s based largely on the daily column that appears on Extra Crunch, but it’s free and made for your weekend reading. Would you like it in your inbox every Saturday morning? Login here. Ready? Let’s talk about money, startups and hot IPO … Read more