Chinese smartphone maker Xiaomi is the latest to be added to the Trump administration’s military blacklist. On Thursday, the Department of Defense added nine companies to its list of alleged Chinese military companies, including Xiaomi. Xiaomi was the world’s third-largest smartphone maker as of Q3 last year, coming ahead of Apple and trailing behind Samsung […]
Samsung lowers prices with its latest Galaxy S phones, Google completes its Fitbit acquisition and Beyond Meat is coming to Taco Bell. This is your Daily Crunch for January 14, 2021. The big story: Samsung unveils Galaxy S21 line Samsung’s new line of phones includes the S21, S21+ and S21 Ultra, priced at $799, $999 […]
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. This week we — Natasha and Danny and Alex and Grace — had a lot to get through, as the news volume in early 2021 has been rapid and serious. Sadly this means that some early-stage rounds missed the […]
Capsule, a video Q&A platform aimed at brands, emerged last year in direct response to the challenges companies were facing in terms of reaching consumers during the pandemic. Now, the business has closed on $2 million in pre-seed funding. The round was led by Array Ventures and included participation from Bloomberg Beta and other angels. The […]
Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch is also acquiring mover marketing […]
According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners XIV that it expects to close in March. The fund is Tiger Global’s thirteenth venture fund, despite its title — the partners might be superstitious […]
It’s official. 2020 was one of the warmest years on record, either edging out or coming in just behind 2016 for the warmest year in recorded history according to data from U.S. government agencies (The National Aeronautics and Space Administration had the year just tied with 2016, while the National Oceanic and Atmospheric Administration put […]
ISpot.tv announced today that it has acquired Ace Metrix, a deal that brings two TV and video ad measurement companies together. ISpot founder and CEO Sean Muller said that the companies have complementary solutions. After all, he said, “In simple terms, there are only two reasons why brands buy advertising — one is to deliver business […]
Philips Hue bulbs are pretty great, but they have a mortal enemy: the humble light switch. If you’ve got a Hue bulb tied to a standard light switch, flipping that switch means the Hue bulb loses power completely… along with any fancy tricks like controlling the bulb through your phone or a voice assistant. A […]
Medium is acquiring Paris-based startup Glose for an undisclosed amount. Glose has been building iOS, Android and web apps that let you buy, download and read books on your devices. The company has turned reading into a multiplayer experience, as you can build a bookshelf, share notes with your followers and start conversations in the […]
Confusion over an update to Facebook-owned chat platform WhatsApp’s terms and conditions has triggered an intervention by Italy’s data protection agency. The Italian GPDP said today it has contacted the European Data Protection Board (EDPB) to raise concerns about a lack of clear information over what’s changing under the incoming T&Cs. In recent weeks WhatsApp […]
Shares of Beyond Meat are soaring on news that the company will be working with Taco Bell on new menu items. The company’s stock was up $17.13, or 13.67%, to $142.48 and climbing in midday trading after Taco Bell announced that it would embrace Beyond Meat to come up with new menu items due to […]
Most developers don’t enjoy writing documentation for their code and that makes life quite a bit harder when a new team member tries to get started on working on a company’s codebase. And even when there are documentation or in-line comments in the source code, that’s often not updated, and, over time, that information becomes […]
In a brief announcement today, the Canadian nuclear fusion technology developer General Fusion announced that the investment firm created by Shopify founder Tobias Lütke has joined the company’s cap table. The size of the investment made by Lütke’s Thistledown Capital was not disclosed, but with the addition, General Fusion has the founders of the two […]
Blue Origin launched its first mission of 2021, flying its New Shepard rocket in West Texas to a medium height of just over 350,000 feet. This is the first flight for this particular booster, and for the capsule it carried, which was equipped with a range of new passenger safety, control and comfort systems that […]
Parents with kids stuck learning at home during the pandemic have had to look for alternative activities to promote the hands-on learning experiences kids are missing out on due to attending class virtually. The New York-based educational technology startup Thimble aims to help address this problem by offering a subscription service for STEM-based projects that […]
CFOs are the supposed omniscient owners of a company. While the CEO sets strategy, messages and builds culture, the CFO needs to know everything that it is going on in an organization. Where is revenue coming from, and when will it arrive? How much will new headcount cost, and when do those expenses need to […]