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 The Fabric, an early stage investment company developing new infrastructure technologies, has raised $15 million for its third investment vehicle. Announced at the Montgomery Summit in Santa Monica, Calif., the new financing came from Verizon Ventures (the investment arm of TechCrunch’s parent company’s parent company) and March Capital Partners a Los Angeles-based venture… Read More

 Travis Kalanick, the controversial co-founder and one-time chief executive of Uber is launching a new investment fund called the 10100 Fund. According to an announcement on his Twitter account, the new fund will focus on “large-scale job creation”. Investment areas are to include real estate, e-commerce, and emerging innovations in China and India. It’s the systemization of… Read More

 The 2018 Geneva Motor Show is just getting started for the general public, but the press days are wrapped and we’ve seen a ton of stuff. There’s a lot on TechCrunch to look back at if you’re curious about highlights, but the video above also provides a look at some of the more interesting, out there, and just the coolest things that were unveiled or on display at one of the… Read More

 Tesla is putting its new electric Semi to work, with its first run as a “production” vehicle — for a familiar client. Tesla itself is the customer, as the trucks were equipped with trailers loaded up with battery packs fresh from the Gigafactory assembly line, heading to the Tesla Fremont car factory in California. Read More

 Someone at Oculus screwed up pretty badly today, an expired certificate appears to have soft-bricked all of the company’s Rift VR headsets with users still unable to fire up software on the devices with no word of an incoming fix from the company yet. Issues were first reported several hours ago on Reddit, where a post on the topic has already garnered hundreds of comments. The… Read More

 It turns out that some employees spend more when they can expense it on a corporate card. But some companies are finding that five-star hotels and fancy dinners can add up when it’s for hundreds or thousands of workers. Several startups have emerged to save corporations money, by rewarding employees with cash and gift cards if they spend less when they travel. There’s Rockettrip… Read More

 Snap is laying off around 100 employees that are part of its engineering staff, according to multiple reports from CNBC and Cheddar. The company expects to lay off as much as 100 people in the engineering department, according to those reports. It’s another sign of potentially re-aligning efforts as it looks to remake itself into something that’s differentiated from products… Read More

 Welcome to another rollercoaster day for the cryptocurrency community. In just a few minutes, bitcoin price crashed from $10,740 to $9,690, which represents a 10.8 percent crash. As always, it’s a bit hard to know for sure what’s happening. But one company in particular is having a bad day. Cryptocurrency exchange Binance has spotted some unusual activities and halted… Read More

 YouTube Studio, the video sharing network’s revamped channel management system, launched into beta last June, will now become the default experience for creators. The company announced today that YouTube Studio will began to reach many creators in the weeks ahead, though the option to switch back to the Classic view will remain available. The public launch is also being accompanied by… Read More

 TechCrunch’s Disrupt events are known for big launch announcements, like the first public rollout of Dag Kittlaus’ Siri-killer Viv, as well as ground-breaking interviews with the top figures in the startup and technology world, like Marc Benioff, Vitalik Buterin, Diane Greene, Ann Wojcicki and hundreds more. Those interviews and TechCrunch’s storied Startup… Read More