Nio Electric Vehicles Sales Took A Hit As It Scrambled To Handle Battery Recall

in #tech5 years ago

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…

London edtech startup Pi-Top sees layoffs after major contract loss: Natasha Lomas, Steve O'Hear


London-based edtech startup Pi-Top has cut a number of staff, TechCrunch has learned. According to our sources the company has reduced its headcount in recent weeks, with staff being told cuts are a result of restructuring as it seeks to implement a new strat…

Venmo launches instant transfers to bank accounts: Sarah Perez


PayPal -owned payments app Venmo today announced support for instant transfers to U.S. bank accounts. The feature is an optional alternative to Venmo’s standard bank transfer service, which typically takes one to three business days to process transactions. W…


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