Saturday, September 18

Economics

Economics

Grab your free Disrupt Expo Pass to access these breakout sessions at Disrupt next week
Economics

Grab your free Disrupt Expo Pass to access these breakout sessions at Disrupt next week

As we get closer to TechCrunch Disrupt 2021, the list of our special breakout sessions just gets bigger and better. The wide range of tech startups is on full display in these sessions hosted by our partners. What’s more, these smaller, interactive gatherings pack a lot of advice, insight and value — with plenty of time to get answers to your pressing questions. A note from the home office: Get a free Expo Pass to access all of these session and more for a limited time here. Here’s the latest round of breakout sessions you can join on September 21-23. Check out the Disrupt 2021 agenda for the exact dates and times and save room in your schedule to expand your mind and your opportunities. Using Visual Communication to Build Your Startup’s Brand In today’s increasingly visual world, vis...
Ransomware: A market problem deserves a market solution
Economics

Ransomware: A market problem deserves a market solution

Gary M. Shiffman Contributor More posts by this contributor We need a new field of AI to combat racial bias REvil is a solid choice for a villain’s name: R Evil. Revil. Evil and yet fun. I could imagine Black Widow, Hulk and Spider-Man teaming up to topple the leadership of REvil Incorporated. The criminal gang using the name REvil may have enabled ransomware attacks on thousands of small businesses worldwide this summer — but the ransomware problem is bigger than REvil, LockBit or DarkSide. REvil has disappeared from the internet, but the ransomware problem persists. REvil is a symptom, not the cause. I advise Tony Stark and his fellow Avengers to look past any one criminal organization — because there is no evil mastermind. Ranso...
An Outdated Grid Has Created a Solar Power Economic Divide
Economics

An Outdated Grid Has Created a Solar Power Economic Divide

If the United States is ever to make a dent in its production of planet-warming carbon emissions, it will have to crank up the use of solar energy, much of which can be generated from rooftops on homes and businesses. Solar provides only 3 percent of the US energy supply today, but the White House and states like California are pushing to boost that to more than 40 percent in the coming decades.To get there, home and business owners will need more financial incentives to install photovoltaic panels, while large-scale solar farms also will need land and transmission lines to send power from rural areas to cities. Last week, state regulators in California required builders to install solar panels and battery storage in new commercial and high-rise residential buildings. But a new study finds...
Why bringing you emergency toothpaste could be big business
Economics

Why bringing you emergency toothpaste could be big business

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is our Wednesday show, where we niche down to a single topic. This time ’round we took a look into the world of on-demand delivery in Europe, with an especial focus on the so-called “instant” grocery sector, and delivered convenience items. To help Natasha and Danny and Alex get through the subject, we lassoed TechCrunch alum and present-day VP at Zapp, a company in the sector under discussion, Steve O’Hear to chat with us. We spent time chatting through the following: Recent news from the sector, including that Turkey’s Getir has just raised a bucket of new capital, and that Weezy is looking to exit; the latter item wound up being important we got ar...
E.U. Creates Agency to Guide Future Pandemic Responses
Economics

E.U. Creates Agency to Guide Future Pandemic Responses

Here’s what you need to know:ImageIn her annual speech on the state of the union, Ursula von der Leyen described vaccination discrepancies as one of the greatest geopolitical issues facing nations.Credit...Julien Warnand/EPA, via ShutterstockThe European Union announced on Wednesday the creation of a new biomedical authority designed to better respond to future pandemics, as it seeks to avoid repeating the mistakes that plagued its early response to the coronavirus.Ursula von der Leyen, the president of the European Commission, the bloc’s executive arm, also pledged to donate 200 million extra coronavirus vaccine doses to middle- and low-income countries by mid-2022, in addition to 250 million already promised by the end of the year.In her annual speech on the state of the union, Ms. von d...
When Youre Living in an Immaterial World, Whats for Sale?
Economics

When Youre Living in an Immaterial World, Whats for Sale?

I like a get-rich-quick scheme—what American doesn’t?—and not too long ago I alighted on drop-shipping. The idea came up like this: Plastic straws were in the moral firing line, and if they were banned, I figured Americans would soon need another way to slurp our iced coffees.Twenty metal straws could be found on Amazon for $10, and I calculated I could sell them to cafés for $1.50 each, and they could charge $2 each, and we’d all do well by doing good. But then, as all who chase accelerated prosperity do, I got greedy. Surely I could find a cheaper wholesaler, an obscure Chinese clearinghouse where metal straws went for pennies. Realizing, too, that my modest floor space couldn’t hold much inventory, I was delighted to learn that manufacturers in China ship, then drop—drop-ship—straight t...
Amid a Painful Year, the U.S. Remembers the Deadliest Attack in Its History
Economics

Amid a Painful Year, the U.S. Remembers the Deadliest Attack in Its History

Key Updates:Sept. 11, 2021, 1:28 p.m. ETSept. 11, 2021, 1:28 p.m. ET9/11 scholarship fund now includes children of those who became ill.Sept. 11, 2021, 12:29 p.m. ETSept. 11, 2021, 12:29 p.m. ETNew York firefighters install flag poles to remember those lost 20 years ago.Sept. 11, 2021, 12:03 p.m. ETSept. 11, 2021, 12:03 p.m. ETKamala Harris: 9/11 shows how ‘fear can be used to sow division.’Sept. 11, 2021, 2:32 p.m. ETSept. 11, 2021, 2:32 p.m. ETJose Santiago, left, developed a ramge of illnesses after reporting at the scene. Mary Montgomery’s husband, who worked at ground zero, died of esophageal cancer.Credit...Hilary Swift for The New York TimesThe Sept. 11 terror attack on the World Trade Center has been remembered for the 2,753 lives lost in New York that horrific morning.But that tol...
Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity
Economics

Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity

China’s first data privacy laws go into effect on November 1, 2021. Will your company be in compliance? Modeled after the EU’s GDPR, the new regulations “[introduce] perhaps the most stringent set of requirements and protections for data privacy in the world,” writes Scott W. Pink, special counsel in O’Melveny’s Data Security & Privacy practice. In a comprehensive overview, he explains its key requirements and compliance steps for U.S.-based firms that service Chinese consumers. “American firms doing business in China or with companies inside China will need to immediately start assessing how this new law will impact their activities,” he advises. Now that the world has embraced remote work, are visas as critical for startup founders who want to succeed in the United States? On Tu...
Nose-Clearing Orgasms, Inverted Rhinos, and Other Winners of the 2021 Ig Nobel Prizes
Economics

Nose-Clearing Orgasms, Inverted Rhinos, and Other Winners of the 2021 Ig Nobel Prizes

A sedated black rhino in the midst of being transported. Image: Cornell University College of Veterinary MedicineWith awards handed out for research into cat meows, germs on pavement gum, and the reason for human beards, the latest iteration of the Ig Nobel prizes is as ridiculous as usual.It’s that awesome time of year again when we get to poke fun at and also celebrate the weirder side of science. The 2021 Ig Nobel prizes were awarded yesterday, and, as was the case last year, the ceremony had to be held online on account of covid-19. This was the 31st running of the contest, which is sponsored by the Annals of Improbable Research magazine.Among the 10 winners is a team led by Olcay Cem Bulut from University Hospital Heidelberg in Germany. Their research showed that nasal breathing “impr...
Daily Crunch: Google rolls out new Workspace features for all users
Economics

Daily Crunch: Google rolls out new Workspace features for all users

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hi friends! Welcome to the Daily Crunch for Wednesday, September 8, 2021. Alex is still out, so I’ll be steering this ship for a few more days while (I hope) he stares at trees, or the ocean, or really anything but words on a computer screen. Alex, if you’re reading this, please put your phone in airplane mode and do something cool. — Greg The TechCrunch Top 3 Wright tests its electric engine for passenger planes: Electric planes face challenges that electric cars don’t, like … you know, needing to get off the ground. Current battery tech is just too heavy for existing engines to get up in the air efficiently. Devin Coldewey has a profile on Wright, a st...