Dropbox’s chief customer officer, Eric Cox, plans to step down, according to a document filed with the SEC on Friday. Cox will remain in his current role for “a period of time” to help with the transition, per the filing, and then will continue as a “non-executive” employee through mid-August. Dropbox didn’t immediately respond to […]
Tech Crunch
Startups Weekly: Enjoying the reprieve
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Startups aren’t isolated from the world. But this week, funding news felt positively uncorrelated from the overall news cycle, offering somewhat of a reprieve — or perhaps […]
Microsoft inks massive carbon removal deal powered by a paper mill
The purchase covers 12 years of emissions from CO280’s first carbon capture project at a mill on the Gulf Coast.
Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May
Mark your calendar — StrictlyVC London is just around the corner on 13 May. Designed for founders, entrepreneurs, and investors, this exclusive gathering promises deep VC insight and high-value connections. We’re thrilled to welcome our first pair of confirmed speakers: Nazo Moosa, managing director of Paladin Capital Group, and Sonali De Rycker, partner of Accel […]
Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery, equipment […]
Tesla used car listings skyrocketed in March
A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled. In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The […]
Stripe CEO says he ensures his top leaders interview a customer twice a month
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison. In an April 8 post on X, the fintech giant’s CEO said the company has a customer join for the first 30 minutes of the meeting, which is […]
How Chef Robotics found success by turning away its original customers
A few years ago, Chef Robotics was hurting. But founder
Rajat Bhageria turned it around by doing something that early-stage founders fear to do.
Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines
Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising […]
Yahoo removes DEI pages from its website
Several tech companies have scaled back public commitments to DEI amid a broader crackdown by the Trump administration.