Author: TechBrunch

Everbridge, a critical event management (CEM) software company, will be taken private and acquired by private equity giant Thoma Bravo in a $1.8 billion all-cash deal. This is 20% more than the amount originally announced last month.* Founded in 2002 as 3N Global, Everbridge helps governments and businesses across all industries respond to emergencies. This includes risk intelligence to help assess the threat landscape where employees live and travel, and mass notification tools to communicate effectively. Important messages during bad weather or terrorist attacks. Everbridge listed on the Nasdaq in 2016, and the stock hit an all-time high in September…

Listen here or wherever you get your podcasts. Hello. Welcome to Equity, the startup business podcast. Uncover the numbers and nuances behind the headlines. This is a Friday episode that delves into the week's most important stories and themes. Here's what Mary Ann and Alex thought: Stripe's reputation will recover. As part of the tender offer, Stripe is now valued at $65 billion. The company's valuation has waxed and waned in recent years as the company works to adapt large companies to private markets. As you can imagine, Alex has ideas about when to publish. Fervo Energy’s $200+ million round:…

Just as important is the The ocean affects countless industries, but we lack the systematic knowledge we have about land. Syrenna has built a versatile robotic platform that appears to be a mobile weather observatory at sea, ready to emerge from stealth to enable precise real-time monitoring of Earth's largest liquid assets. You might be surprised at how little we know about the ocean.certainly we know a lot general, trends and patterns across seasons and decades. But when it comes to that, detailwe have no idea what the temperature, salinity, or microplastic count is now two miles off the coast…

Parks and recreation organizations help communities thrive. However, many use outdated systems that can make program registration stressful for residents and result in lost revenue for cities. Rec, a new startup aiming to improve the local recreational experience, launched in stealth today. The platform's services cater to four groups: residents, community organizers, coaches, and city officials. Residents can find available slots, book lessons, and learn about upcoming events in their area. Instructors can choose to run either group clinics or private classes. Meanwhile, the Parks & Rec department will have access to reservations, employee management, and marketing tools. In the…

After adding 15 hours of free audiobooks to its subscription plans late last year, Spotify today introduced a $9.99 per month option that gives free users access to the audiobook collection as well. The company announced a new “Audiobook Access Tier” on Friday. Similar to the service offered to subscribers, this will give US customers access to 15 hours of streaming playback from his catalog of over 200,000 titles. This will allow free Spotify users to continue streaming music and podcasts through the ad-supported service, but they will now pay to listen to audiobooks without purchasing a Spotify subscription. Spotify…

It's becoming increasingly difficult to tell which platforms and people have good intentions online, especially with the rise of automated content and anonymous profiles. Some of his Web2.0 companies, such as Uber, Amazon, and Airbnb, offer rating systems for businesses and individuals, but these kinds of systems are rare in his Web3 world. But Karma3 Labs is hoping to change that with $4.5 million in new funding backing its decentralized reputation protocol OpenRank. Sahil Dewan, founder and CEO of Karma3 Labs, exclusively told TechCrunch that this is the protocol's first funding. The round was led by Galaxy and IDEO CoLab…

Everyone has heard of a minimum viable product (MVP). This is an early version of a future startup product, containing only what is needed to provide value. The hard part is deciding what to organize. teeth Things that are necessary and irrelevant for an MVP. Building too much can result in delays to market, limited learning, and wasted development cycles. If you build too little, you may end up going to market without enough of a product to really engage with potential customers.get it just The rights are difficult to obtain, but probably very lucrative. That's why we're excited to…

Elon Musk accused OpenAI and its co-founders of ChatGPT of violating their original contractual agreement by pursuing profit rather than the nonprofit's founding mission of developing AI to benefit humanity. Sam Altman and Greg Brockman, and their related organizations. Musk, a co-founder and early backer of OpenAI, convinced Altman and Brockman to help found and fund the startup in 2015 to counter competitive threats from Google. It claims to have promised to become a nonprofit organization focused on. The lawsuit, filed late Thursday in a San Francisco court, alleges that OpenAI, the world's most valuable AI startup, is focused on…

Meta plans to remove Facebook's News tab in the U.S. and Australia, seeking to distance itself from the regulatory and payment complexities associated with news media. The company announced today that this product will be discontinued in April 2024. Last year, Meta stopped offering Facebook News in the UK, Germany and France, saying it wanted to allocate resources to “our products and services that people value most.” The tone of this presentation is similar. The social media company announced that the number of people using Facebook News in Australia and the US fell by 80% last year. “This is part…

Google has warned that it will start removing Indian apps from the Play Store if developers don't follow its billing policies, taking a decisive step towards a three-year-old problem in India, its largest user market. Ta. Google said 10 companies in the country, including “many well-known” companies it did not disclose, were avoiding paying fees despite benefiting from the platform. The Android maker, owned by Alphabet Inc., said it objected to a small group of developers in India that had spent more than three years preparing to comply with Play Store payment policies. Google says these companies will continue to…