StockX, the high-flying resale marketplace that connects buyers and sellers of sneakers, streetwear, handbags and other collectible items who agree on pricing, has seen its fortune rise along with the $6 billion global sneaker resale market, which is part of the broader $100 billion sneaker category. In fact, the company, which
During a White House briefing on Monday detailing new recommendations regarding public health from the administration’s coronavirus task force and the CDC, President Trump was asked by a member of the press corps about reports that the White House is in “daily” contact with Amazon CEO Jeff Bezos regarding the
Alphabet CEO Sundar Pichai’s decision to back the EU’s proposal to ban the use of face recognition in public spaces for five years drew praise from rights activists. “I think it is important that governments and regulations tackle it sooner rather than later and give a framework for it,” Reuters cited Pichai as saying at Bruegel think
The startup community has lost another moral leader today. Leila Janah, a serial entrepreneur who was the CEO and founder of machine learning training data company Samasource, passed away at the age of 37 due to complications from Epithelioid Sarcoma, a form of cancer, according to a statement from the company. She focused
Yesterday, Sisense, a player in the business intelligence space, announced a $100 million investment. As TechCrunch reported, the round pushed the company’s valuation north of the $1 billion mark, making Sisense the world’s newest unicorn. That moniker will last a day, we’re sure. TechCrunch caught up with Sisense CEO Amir Orad and
Trussle, the online mortgage broker backed by the likes of Goldman Sachs, LocalGlobe, Finch Capital and Seedcamp, has lost its founding CEO. Ishaan Malhi, who co-founded the fintech startup five years ago, has resigned with “immediate effect,” according to a rather brief press release issued by Trussle this morning. The
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. Boeing CEO out following 737 Max fiasco, will be replaced by current board chairman Boeing’s CEO Dennis A.
Boeing’s CEO Dennis A. Muilenburg is CEO no longer, the company announced today. Effective January 13, 2020 current Board Chairman David L. Calhoun takes over the top executive officer spot at the aerospace company, and becomes President as well. This is far from a surprising decision: Boeing’s year has been marked