San Francisco DA sues DoorDash for classifying delivery workers as independent contractors – TechCrunch

[ad_1] DoorDash is facing a lawsuit from San Francisco District Attorney Chesa Boudin for “illegally misclassifying employees as independent contractors,” Boudin tweeted today. In the complaint, Boudin argues DoorDash misclassified its workers and in doing so, engages in unfair labor practices. “Misclassifying workers deprives them of the labor law safeguards to which they are entitled,…

SpaceX to build floating spaceports for rockets bound for the Moon and Mars, and for hypersonic Earth travel – TechCrunch

[ad_1] SpaceX is hiring experts in Offshore Operations in Brownsville, job ads revealed on Tuesday – and the purpose is to help the company develop and build floating spaceports that will provide launch sites for the company’s’ Super Heavy-class launch vehicles. SpaceX will use these larger rockets to get its forthcoming large payload rockets to…

Los Angeles-based Open Raven raises $15 million from KPCB for its security tech to secure hybrid clouds – TechCrunch

[ad_1] Open Raven, the Los Angeles-based security startup founded by a team of cybersecurity veterans from CrowdStrike and SourceClear, has closed on $15 million in new financing only four months after emerging from stealth and in the middle of a global pandemic.  The company already boasted an impressive roster of investors well-versed in enterprise software…

Demandbase acquires Engagio to bring consolidation and ‘clarity’ to B2B marketing – TechCrunch

[ad_1] Two business-to-business marketing companies are teaming up, with Demandbase acquiring Engagio. Both companies focus on account-based marketing (ABM), an approach where marketing and sales coordinate their outreach to specific, high-value accounts. Engagio co-founder and CEO Jon Miller (who previously co-founded Marketo) told me, “Most people who aren’t super close to the category would have…

TransferGo raises $10M additional funding, launches in 11 new markets – TechCrunch

[ad_1] TransferGo, the London-based international money transfer service, has raised another $10 million in funding, as it discloses that its customers numbers has surpassed two million. The round was co-led by Seventure, and Vostok Emerging finance, with follow-on funding from Hard Yaka, Revo Capital, and Bootstrap Europe. The startup is also announcing it has launched…

SoftBank confirms it may sell some of its T-Mobile stake – TechCrunch

[ad_1] SoftBank Group confirmed today it is considering selling its T-Mobile U.S. shares. Bloomberg reported last month that SoftBank was nearing an agreement to sell about $20 billion of its T-Mobile U.S. shares to investors including Deutsche Telekom, T-Mobile’s controlling shareholder, in an effort to offset major losses from its investment business, including the Vision…

No-code industrial robotics programming startup Wandelbots raises $30 million – TechCrunch

[ad_1] Dresden, Germany-based Wandelbots – a startup dedicated to making it easier for non-programmers to ‘teach’ industrial robots how to do specific tasks – has raised a $30 million Series B funding round led by 83North, an with participation from Next47 and Microsoft’s M12 venture funding arm. Wandelbots will use the funding to help it…

A new Silicon Valley venture report shocks — because of how little the pandemic has impacted dealmaking – TechCrunch

[ad_1] The law firm Fenwick & West has published some new data to highlight how Covid-19 has impacted the world of venture capital in Silicon Valley. The biggest surprise? It’s how little impact the global pandemic seems to have had on dealmaking this spring. Consider first that valuations in April were actually higher than in…

Stockwell, the AI-vending machine startup formerly known as Bodega, is shutting down July 1 – TechCrunch

[ad_1] Stockwell AI entered the world with a bang but it is leaving with a whimper. Founded in 2017 by ex-Googlers, the AI vending machine startup formerly known as Bodega first raised blood pressures — people hated how it referenced and poorly ‘disrupted’ mom-and-pop shops in one fell swoop — and then raised a lot of money. But ultimately,…

Color’s COVID-19 testing shows most who test positive had either mild or no symptoms – TechCrunch

[ad_1] Echoing much of the existing data and research on the subject, SF-based Color released data today showing that based on its own testing program, most individuals who test positive for COVID-19 display either mild or no symptoms, including even running a fever. The results, taken from Color’s own testing of over 30,000 people to…