KKR has acquired Corel (including its recent acquisition Parallels), reportedly for $1B+

Only six months after snapping up virtualization specialist Parallels, Canadian software company Corel is itself getting acquired. TechCrunch has learned and confirmed with multiple sources that private equity giant KKR has closed a deal to buy the company from Vector Capital, which has owned some or all of Corel since …

Apply for a free Startup Alley Exhibitor spot at Disrupt SF 2019

Do you love the word “free?” Of course, you do — what early-stage startup founder doesn’t? Consider this your personal invitation for a chance to exhibit your pre-Series A startup for free in Startup Alley at Disrupt San Francisco 2019 on October 2-4. We’re searching for exceptional startups to apply …

Attend TC Sessions: Enterprise and score a free pass to Disrupt SF 2019

We can’t wait to dig into the competitive, high-stakes world of enterprise software at TC Sessions: Enterprise 2019 on September 5 at the Yerba Buena Center for the Arts in San Francisco. We’re channeling the excitement into creating extra ROI for you. How’s that work? Read on. It starts with …

“Russian Doll” will return to Netflix for a second season

Harry Nilsson’s “Gotta Get Up” might be ringing through your ears once again. “Russian Doll,” co-created by and starring Natasha Lyonne, has been picked up for a second season by Netflix. A release date hasn’t been confirmed yet, but the new season will have eight episodes. The renewal was announced …

“Rent tech” focused RET closes first fund; pours $5M into management platform SmartRent

Today, Real Estate Technology Ventures (RET) Ventures announced the final close of $108 million for its first fund.  RET focuses on early-stage investments in companies that are primarily looking to disrupt the North American multifamily rental industry, with the firm boasting a roster of LPs made up of some of …

Hulu tops 28 million customers, unveils new shows and a ‘binge watch’ ad experience

Hulu has now grown over 28 million U.S. customers, including 26.8 million monthly paid subscribers and 1.3 million promotional accounts, the company announced this morning as part of its annual presentation at the digital Newfronts in New York. In January, Hulu had 25 million total users, including both paid and …

YouTube confirms plans to make Originals available for free

YouTube Chief Business Officer Robert Kyncl reaffirmed the company’s plans to take its Originals out from behind the paywall, making them free and ad-supported. Kyncl was speaking at YouTube’s annual Brandcast event, where the Google-owned company lays out its plans for advertisers (with lots of razzle dazzle provided by musicians …

WikiLeaks’ Assange charged under the Espionage Act in a ‘major test case’ for press freedom

Julian Assange, founder of whistleblowing site WikiLeaks, has been charged with more than a dozen additional charges by U.S. federal prosecutors, including under the controversial Espionage Act — a case that will likely test the rights of freedom of speech and expression under the First Amendment. Assange, 47, was arrested …

For true transparency around political advertising, U.S. tech companies must collaborate

In October 2017 online giants Twitter, Facebook, and Google announced plans to voluntarily increase transparency for political advertising on their platforms. The three plans to tackle disinformation had roughly the same structure: funder disclaimers on political ads, stricter verification measures to prevent foreign entities from posting such ads, and varying …

Can the startup building a Fortnite for VR become the Fortnite of VR?

Virtual reality hasn’t proven itself to be the lucrative escape of the every-man, but the medium has done a fairly good job enticing the gaming community and keeping that niche (mostly) happy. While a couple of big titles have gotten some halfway-decent ports to VR, for the most part VR …

Startups Weekly: The mad dash to the public markets

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about the differences between raising cash from angels and traditional venture capitalists. Before that, …

Public health startup Cityblock raises $65M Series B

Redpoint Ventures has led a $65 million Series B in Cityblock, a healthcare company focused on providing improved care to low-income neighborhoods. The business launched roughly 18 months ago out of Alphabet’s Sidewalk Labs, an urban innovation incubator known for projects like mobility data startup Coord, which itself raised a …

Penta, the digital SME banking upstart, appoints co-founder of solarisBank as new CEO

Hon on the heels of being acquired by company builder Finleap, German SME banking upstart Penta has appointed a new CEO. Marko Wenthin, who previously co-founded solarisBank (the banking-as-a-service used by Penta), is now heading up the company, having replaced outgoing CEO and Penta co-founder Lav Odorović. I understand Odorović …

eMarketer predicts digital ads will overtake traditional spending in 2019

This is the year when the money spent on digital advertising will finally overtake spending on traditional ads — at least according to the latest forecast from eMarketer. The research firm is predicting that U.S. digital ad spend will increase 19.1 percent this year, to $129.3 billion, while traditional advertising …

Jack Dorsey just met with Trump to talk about the health of Twitter’s public discourse

Twitter’s co-founder and CEO historically doesn’t have the most discerning tastes when it comes to who he decides to engage with. Fresh off the podcast circuit, today a thoroughly beardy Jack Dorsey sat down with President Trump for his most high-profile tête-à-tête yet. Unlike his recent amble onto the Joe …

SME lender Validus Capital raises $15M for expansion in Southeast Asia

SME lending was a hot topic in Southeast Asia last year, and companies continue to attract investor dollars in 2019. The latest to pull in capital of its own is Singapore-based Validus Capital, which today announced a SG$20.5 million (US$15.2 million) Series B that’ll go towards regional expansion. Founded in …