Verizon Is Selling Tumblr To Wordpress Parent, Automattic
Porsche packs the power into its newest Cayenne plug-in hybrids: Kirsten Korosec
Porsche is upping its plug-in hybrid game with several new vehicles added to its lineup, including a power-packing 2020 Cayenne Turbo S E-Hybrid. The plug-in version of this flagship SUV combines a 14.1-kilowatt-hour battery and 134-horsepower electric motor …
Automattic's bargain-bin Tumblr deal plugs right into the Wordpress business model: Devin Coldewey
Tumblr has been an millstone around the neck of its owners, first Yahoo and later Oath and Verizon Media, pretty much since it was acquired in 2013. They never found an answer to the question that new owner Automattic is presumably about to take a crack at: h…
How lawyers help bring your acquisition deal to fruition: Ron Miller
Last week when Salesforce announced it was buying ClickSoftware for $1.35 billion you might not have realized it, but the law firm Shearman & Sterling was advising Salesforce throughout the deal. In fact, there are lawyers involved in every transaction of thi…
Blade raises $4.3M from Coinbase, SV Angel to reshape cryptocurrency derivatives trading: Lucas Matney
Exchanges like Coinbase have ballooned in size by taking the mechanics of equity markets and fitting them to cryptocurrency markets, but as the space expands in its scope and craftiness, new exchanges trading asset classes native to cryptocurrency are taking …
Verizon is selling Tumblr to WordPress parent, Automattic: Brian Heater
Six years after Yahoo purchased Tumblr for north of $1 billion, its parent corporation is selling the once dominant blogging platform. WordPress owner Automattic Inc. has agreed to take the service off of Verizon’s hands. Terms of the deal are undisclosed, bu…
This hacker's iPhone charging cable can hijack your computer: Zack Whittaker
Most people don’t think twice about picking up a phone charging cable and plugging it in. But one hacker’s project wants to change that and raise awareness at the dangers of potentially malicious charging cables. A hacker who goes by the online handle MG took…
Nio electric vehicles sales took a hit as it scrambled to handle battery recall: Kirsten Korosec
Nio delivered just 837 electric vehicles in July, a nearly 38% drop from the previous month that was largely caused by a voluntary recall of its high-performance ES8 SUV. The Chines automotive startup issued a voluntary recall in June of nearly 5,000 ES8 SUVs…
Daily Crunch: Twitter tests reply subscriptions: Anthony Ha
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Twitter’s latest test lets users subscribe to a tweet’s replies M…
PopBase launches its platform for social media stars to share and monetize their work: Jonathan Shieber
It’s been almost a year since PopBase first launched on the Battlefield Stage at TechCrunch Disrupt SF 2018. In the ensuing months the company has been working hard to sign up influencers and get its platform for social media stars ready for prime time. The c…
How young VCs bootstrap new venture firms: Danny Crichton
We spend a lot of time talking about new funds, and new startup venture raises, but we spend little time talking about the cash flow challenges of running a venture fund. Let’s change that today. Starting a new venture fund is extremely challenging. In additi…
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