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Security lapse at India’s Jio exposed coronavirus symptom checker results

6 years 6 months ago
Since the start of the outbreak, governments and companies have scrambled to develop apps and websites that can help users identify COVID-19 symptoms. India’s largest cell network Jio, a subsidiary of Reliance, launched its coronavirus self-test symptom checker in late March, just before the Indian government imposed a strict nationwide lockdown to prevent the further […]

We need more video games that are social platforms first, games second

6 years 6 months ago
During these long, mundane physically-distant days, stretching on into an uncertain future like an ever-lengthening beigeish corridor, it’s impossible not to miss hanging out with friends. Especially the kind of hanging out where you’re not really doing anything in particular, not talking about any one thing—just kind of being. As we continue to stay physically […]

Startups Weekly: SaaS companies should target burn to match ARR during pandemic

6 years 6 months ago
[Editor’s note: Get this weekly recap of TechCrunch news that any startup can use every Saturday morning by email (7am PT). Just subscribe here.]  How well is SaaS overcoming business impacts of the pandemic? First, there’s no negative impact on the revenues of big cloud infrastructure providers visible so far, according to a new research […]

Equity Shot: 1% is the new “growth”

6 years 6 months ago
Happy Saturday and welcome back to an Equity Shot, a short-form episode of Equity where we drill into one particular topic. There was so much news this week in our main areas of focus — startup funding rounds, new venture funds, that sort of thing — that we had to exclude earnings from the main […]

Otonomo raises $46 million to expand its automotive data marketplace

6 years 6 months ago
New vehicles today can produce a treasure trove of data. Without the proper tools, that data will sit undisturbed, rendering it worthless. A number of companies have sprung up to help automakers manage and use data generated from connected cars. Israeli startup Otonomo is one such player that jumped on the scene in 2015 with […]

Valve drops VR support for macOS

6 years 6 months ago
Valve is calling it quits on macOS support for its virtual reality platform. A Valve employee posted an update to the company’s SteamVR forums, noting that “SteamVR has ended macOS support so our team can focus on Windows and Linux.” Apple introduced “Metal for VR” back in June 2017 and highlighted a partnership with Valve. […]

Indian education startup Byju’s is fundraising at a $10B valuation

6 years 6 months ago
Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million in fresh capital at a $10 billion valuation, said three people familiar with the matter. The additional capital would be part of the […]

As COVID-19 dries up funding, only drought-resistant cannabis startups will survive

6 years 6 months ago
The COVID-19 crisis is creating an untold amount of uncertainty through every business sector, but for cannabis startups, it’s exacerbating a critical market that was already in decline. TechCrunch spoke to Schwazze CEO Justin Dye following his company’s recent rebrand. He joined the company when it was Colorado’s Medicine Man Technologies (MMT) in late 2019 […]

Powerful House committee demands Jeff Bezos testify after ‘misleading’ statements

6 years 6 months ago
Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from The Wall Street Journal. Specifically, the letter addressed […]

An already struggling smartphone market takes a big hit from COVID-19

6 years 6 months ago
Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]

Smart driving assistant Automatic is shutting down

6 years 6 months ago
Automatic, makers of a connected car dongle, emailed customers today to announce that the company will shut down all operations May 28. The company says it’s the casualty of the COVID-19 shutdown. “Like many other companies in the United States, the COVID-19 pandemic has adversely impacted our business,” it writes, “and we have made the […]

Guilded raises $7 million for its competitive gaming-focused chat app

6 years 6 months ago
Gaming platforms have earned serious clout with investors in recent years. Add in the VC excitement surrounding collaboration tools and it’s no surprised there’s interest in backing another gaming chat app. Guilded is creating a chat platform designed for competitive gaming and esports that focuses heavily on keeping gamers organized and connected with their teams. […]

As lockdowns stretch on, is edtech passing or failing?

6 years 6 months ago
Back in January, Georgia Tech professor David Joyner got a cryptic email from a student based in Wuhan, China. “I’m under quarantine, but my internet access is okay so I have more time to spend on classwork, I wanted to let you know,” the message read. Unsure why Wuhan would be under quarantine, Joyner did […]
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