Facebook’s next product will be its long-awaited Ray-Ban smart glasses

Facebook’s booming business is dominated by digital ads, but it also has hardware ambitions beyond VR. During the company’s latest earnings call, CEO Mark Zuckerberg said its next product release would be a pair of smart glasses from Ray-Ban. “The glasses have their iconic form factor, and they let you do some pretty neat things,” the Facebook […]

Last call for our Pittsburgh City Spotlight Pitch-Off

We’re about a week away from TechCrunch Spotlight: Pittsburgh, and one of the uniquely-TechCrunch things we do at events is a pitch-off. Be it the big Disrupt Battlefield, or the flash pitch-offs that happen weekly on Extra Crunch Live, the energy around folks pitching their company — sometimes for the first time — is downright […]

Pitch us, Pittsburgh

We’re getting closer to putting our spotlight on Pittsburgh, and there’s quite a bit going on behind the scenes. We’ve been spending a ton of time chatting with folks who are on the ground in the city, and we’ve had a great time learning and listening, which we think will make this installment of our Spotlight […]

Amazon to stop screening employees for marijuana

Amazon in brief blog post announced it will no longer include marijuana on its drug screening program. In short, the company is now treating weed like alcohol, which means off-work employees can partake in a beer or a spliff without fear of repercussions. Of course, just like with alcohol, Amazon says it will continue to […]

Axle raises $10m Series A to advance its freight financing services

Axle recently announced it raised $10m in Series A financing after a stellar year of growth. The round was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners, and others including existing investors Anthemis Group, Techstars, and Plug and Play Ventures. In a press release, the company points to the […]

Cannabis banking act passes U.S. House with bipartisan support

The U.S. House of Representatives passed a landmark bill aimed at easing restrictions placed on the cannabis industry. The SAFE ACT (Secure and Fair Enforcement) banking act provides safe harbor for financial institutions to work with cannabis operators. If passed by the Senate and approved by President Biden, this bill would allow the cannabis industry […]