Fiat Chrysler Automobiles has proposed merging its business with Renault that, if accepted, would create the third largest global automaker with 8.7 million in annual vehicle sales. FCA delivered Monday a non-binding letter to Renault’s board that proposes combining the business as a 50-50 merger. FCA’s proposal illustrates the growing desire among automakers to consolidate, […]

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AMD CEO Lisa Su gave the Computex keynote in Taipei today, the first time the company has been invited to do so (the event officially starts tomorrow). During the presentation, AMD unveiled news about its chips and graphics processors that will increase pressure on competitors Intel and Nvidia, both in terms of pricing and performance. […]

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Arm, the company that designs the basic chip architecture for most of the world’s smartphones, today announced the launch of its next suite of designs for premium phones. It’ll be a while before you’ll see the first phones that use chips based on this design, but typically we see the first actual chips before the […]

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We used to think that as video games matured, as a medium, they would become more like Hollywood, becoming more focused on character development, plot reversals, and tight, suspense-driven narratives, rather than action set pieces alternating with cinematic cut scenes. Hoo boy, were we wrong. Instead the exact inverse has happened. Action movies have become […]

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Six years ago, British intelligence officers walked into the offices of The Guardian newspaper in London and demanded its staff destroy computers they believed stored highly classified documents leaked by NSA whistleblower Edward Snowden. In the basement of the newspaper’s offices, editors used angle-grinders and drills to destroy the computers in an effort to render […]

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The culture of planned obsolescence in electronics produces a huge amount of toxic waste unlikely to go anywhere but a landfill for the next millennium or so. Nature produces some of the strongest and most versatile substances we've ever encountered, so why not use them instead? That's what Finnish design house Aivan has attempted with this concept pair of headphones made from fungus, bioplastics, and other natural materials.

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How, and if, people travel on Memorial Day weekend can provide a fleeting glimpse at the state of the U.S. economy, or at least provide insight into consumer confidence. The upshot this year: a near record-setting travel despite a rising national gas price. Nearly 43 million Americans were expected to travel in cars, trains and […]

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There are so many unicorns in the market today — they stampede by the hundred in 2019 — that they are impossible to keep tabs on.

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Fiat Chrysler Automobiles and Renault are in talks that could result in merging vast swaths of their businesses, a move that illustrates the growing desire among automakers to consolidate in an environment of increased regulatory pressure, sales declines and rising costs aimed at bringing next-generation technologies like self-driving cars to market. Update: Fiat Chrysler has […]

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Venture capitalists aren’t supposed to make their portfolio companies battle to the death. There’s a long-standing but unofficial rule that investors shouldn’t fund multiple competitors in the same space. Conflicts of interest could arise, information about one startup’s strategy could be improperly shared with the other, and the companies could become suspicious of advice provided […]

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Last week, Trump signed an executive order that enabled the federal government to prohibit U.S. companies from buying telecom equipment from foreign companies at their discretion. This week, the full damage began to feel apparent to China’s fastest-growing smartphone powerhouse, Huawei. American companies, at the behest of Trump and company, began turning on the Chinese […]

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This week, the Equity duo of Kate Clark and Alex Wilhelm convened to get some quick hits in about Slack’s WORK, Luckin Coffee and Sam Altman’s departure from Y Combinator. They then dug a bit deeper into the money around food: DoorDash and Sun Basket both raised this week. And what is a discussion about […]

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Mark Zuckerberg has poured billions into his virtual reality dream, a new platform that Facebook owns. Facebook bought Oculus and has spent the last five years killing what it was and reinventing it as a Facebook-scale company. It has dumped most of the co-founders, brought in Zuck loyalists to take over the most important decisions […]

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Living in a dense urban environment brings many startup-fuelled conveniences, be it near instant delivery of food — or pretty much whatever else you fancy — to a whole range of wheels that can be hopped on (or into) to whisk you around at the tap of an app. But the biggest problem afflicting city […]

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Housekeeping & Extra Crunch 20% event discount reminder Extra Crunch will not be publishing on Monday due to the Memorial Day holiday in the United States. Publishing will resume as normal on Tuesday. Reminder: if you are an annual member of Extra Crunch, your membership includes a 20% discount on event tickets and exhibitor packages. […]

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