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Ford takes aim at Tesla, GM with its new hands-free driving system

5 years 6 months ago
Ford will debut its new hands-free driving feature on the 2021 F-150 pickup truck and certain 2021 Mustang Mach-E models through a software update later this year, technology that the automaker developed to rival similar systems from Tesla and GM. That hands-free capability — which uses cameras, radar sensors and software to provide a combination […]
Kirsten Korosec

TikTok funds first episodic public health series ‘VIRAL’ from NowThis

5 years 6 months ago
TikTok is taking another step toward directly funding publishers’ content with today’s announcement that it’s financially backing the production of media publisher NowThis’ new series, “VIRAL,” which will feature interviews with public health experts and a live Q&A session focused on answering questions about the pandemic. The partnership represents TikTok’s first-ever funding of an episodic […]
Sarah Perez

Beat the deadline: Apply to compete in Startup Battlefield at TC Disrupt 2021

5 years 6 months ago
Startup Battlefield — the matriarch of all pitch competitions — is the stuff of tech legend. Heck, it even played a role in the HBO show, “Silicon Valley,” and its influence touches early-stage startups around the globe. Under no circumstance will you find a bigger, better platform for launching your startup to the world. Battlefield […]
Neesha A. Tambe

Kroger launches its first Ocado-powered ‘shed’, a massive, robot-filled fulfillment center in Ohio

5 years 6 months ago
After inking a deal to work together almost three years ago, U.S. supermarket chain Kroger and U.K. online grocer Ocado today took the wraps off the first major product of that deal. Kroger has launched a new Ocado-powered customer fulfillment center in Monroe, Ohio, outside of Cincinnati, a gigantic warehouse covering 375,000 square feet and […]
Ingrid Lunden

MIT startup Pickle raises $5.75M for its package-picking robot

5 years 6 months ago
There’s no doubt this past year has been a major watershed moment for the robotics industry. Warehouse and logistics have been a particular target for an automation push, as companies have worked to keep the lights on amidst stay at home orders and other labor shortages. MIT spinoff Pickle is one of the latest startups […]
Brian Heater

Coinbase opens at $381 per share, valuing the crypto exchange at nearly $100B

5 years 6 months ago
Today shares of Coinbase began to trade after the company executed a direct listing. From a reference price of $250, Coinbase shares opened at $381 today, a change of around 52%. At its open Coinbase was valued at $99.6 billion on a fully diluted basis. As of the time of writing Coinbase has appreciated further […]
Alex Wilhelm

Zeta in talks with SoftBank to raise at over $1 billion valuation

5 years 6 months ago
Banking tech startup Zeta is inching closer to the much sought-after unicorn status as it engages with investors to finalize a new round, two sources familiar with the matter told TechCrunch. SoftBank Vision Fund 2 is in advanced stages of talks to lead a ~$250 million Series D round in the five-year-old startup, the sources […]
Manish Singh

Triller owner gets a new CEO with acquisition of Amplify.AI; also acquires livestreaming service FITE TV

5 years 6 months ago
Would be TikTok competitor Triller, operated by parent company TrillerNet, is gaining a new CEO, the company announced today. The short-form video app said it’s acquiring an A.I.-based customer engagement platform, Amplify.AI, whose co-founder Mahi de Silva will now become TrillerNet’s CEO. Existing CEO Mike Lu will transition to president of TrillerNet and will focus […]
Sarah Perez

Uber hit with default ‘robo-firing’ ruling after another EU labor rights GDPR challenge

5 years 6 months ago
Labor activists challenging Uber over what they allege are ‘robo-firings’ of drivers in Europe have trumpeted winning a default judgement in the Netherlands — where the Court of Amsterdam ordered the ride-hailing giant to reinstate six drivers who the litigants claim were unfairly terminated “by algorithmic means.” The court also ordered Uber to pay the […]
Natasha Lomas

How Pilot charted a course of not raising too much money

5 years 6 months ago
A few weeks ago, we wrote about fintech Pilot raising a $100 million Series C that doubled the company’s valuation to $1.2 billion. Bezos Expeditions — Amazon founder Jeff Bezos’ personal investment fund — and Whale Rock Capital joined the round, adding $40 million to a $60 million raise led by Sequoia about one month […]
Mary Ann Azevedo

Amira Learning raises $11M to put its AI-powered literacy tutor in post-COVID classrooms

5 years 6 months ago
School closures due to the pandemic have interrupted the learning processes of millions of kids, and without individual attention from teachers, reading skills in particular are taking a hit. Amira Learning aims to address this with an app that reads along with students, intelligently correcting errors in real time. Promising pilots and research mean the […]
Devin Coldewey

Bird, Lime and VeoRide selected for NYC e-scooter pilot

5 years 6 months ago
Lime, Bird and VeoRide have scored coveted permits to New York City’s first e-scooter pilot. The New York City Department of Transportation, which originally released a request for proposals in October for the pilot that was meant to start in early March, made its selections public Wednesday. The three companies are expected to begin operations in […]
Rebecca Bellan

Check out the tech leaders joining us on Extra Crunch Live in May

5 years 6 months ago
Extra Crunch Live, our weekly event series that connects founders with tech leaders, is really picking up speed. Recently, we had a conversation with Accel’s Dan Levine and Scale’s Alexandr Wang about how sometimes, unconventional VC deals are the best deals. We’ve also taken a walk through early decks from companies like Poshmark, Steady and […]
Jordan Crook

Toyota taps Apex.AI for its autonomous vehicle operating system

5 years 6 months ago
Automakers shifting to all-electric and tech-laden vehicles have discovered that software — and more aptly software that is free of bugs and can be updated wirelessly — has become a consistent speed bump on the road to attracting customers. It is an issue that plagued Volkswagen’s launch of its all-electric VW ID.3, the 2022 Volvo […]
Kirsten Korosec
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