Crunch Hype

Web infrastructure company Cloudflare is releasing a new tool today that aims to provide a way for health agencies and organizations globally tasked with rolling out COVID-19 vaccines to maintain a fair, equitable and transparent digital queue – completely free of charge. The company’s ‘Project Fair Shot’ initiative will make its new Cloudflare Waiting Room […]

The UK’s data watchdog has restarted an investigation of adtech practices that, since 2018, have been subject to scores of complaints across Europe under the bloc’s General Data Protection Regulation (GDPR). The high velocity trading of Internet users’ personal data can’t possibly be compliant with GDPR’s requirement that such information is adequately secured, the complaints […]

Apple is said to be working on a new version of the MacBook Air with a brand new physical case design that’s both thinner and lighter than its current offering, which was updated with Apple’s M1 chip late last year, per a new Bloomberg report. The plan is to release it as early as late […]

The European Parliament is being investigated by the EU’s lead data regulator over a complaint that a website it set up for MEPs to book coronavirus tests may have violated data protection laws. The complaint, which has been filed by six MEPs and is being supported by the privacy campaign group noyb, alleges third party […]

As countries around the world prepare to vaccinate people against the coronavirus, tech companies are rushing to demonstrate their willingness to help fight the deadly virus. China’s ride-hailing leader Didi Chuxing is pledging a $10 million fund to support COVID-19 vaccination efforts in 13 markets outside its home country China, the company said on Friday. […]

A string of recent events in China’s payments industry suggests the duopoly comprising Ant Group and Tencent may be getting a shakeup. Following the abrupt call-off of Ant’s public sale and a government directive to reform the firm’s business, the Chinese authorities sent another message this week signaling its plan to curb concentration in the […]

JustKitchen operates cloud kitchens, but the company goes beyond providing cooking facilities for delivery meals. Instead, it sees food as a content play, with recipes and branding instead of music or shows as the content, and wants to create the next iteration of food franchises. JustKitchen currently operates its “hub and spoke” model in Taiwan, […]

Elon Musk said Thursday via a tweet that he will donate $100 million toward a prize for the best carbon capture technology. Musk, who recently surpassed Amazon’s Jeff Bezos to become the world’s richest person, didn’t provide any more details except to add in an accompanying tweet the “details will come next week.” Updated: A […]

Esports “total solutions provider” VSPN (Versus Programming Network) has closed a $60 million Series B+ funding round, joined by Prospect Avenue Capital (PAC), Guotai Junan International and Nan Fung Group. VSPN facilitates esports competitions in China, which is a massive industry and has expanded into related areas such as esports venues. It is the principal […]

Google’s parent firm, Alphabet, is done exploring the idea of using a fleet of balloons to beam high-speed internet in remote parts of the world. The firm said on Thursday evening that it was winding down Loon, a nine-year-old project and a two-and-a-half-year-old spin off firm, after failing to find a sustainable business model and […]

Hims & Hers, a San Francisco-based telehealth startup that sells sexual wellness and other health products and services to millennials, began trading publicly today on the NYSE after completing a reverse merger with the blank-check company Oaktree Acquisition Corp. Its shares slipped a bit, ending the day down 5% from where they started, but the […]

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 more than a little to noodle over, but not so much that we blocked out a second episode. We try to stick to our current format, but, may do more shows in […]

A new report suggests there’s a pricey Apple VR headset in the works, Facebook’s Oversight Board will examine one of the social network’s most consequential decisions and we review the Samsung Galaxy S21 Ultra. This is your Daily Crunch for January 21, 2021. The big story: Apple might be working on a VR headset Apple […]

A couple of months ago at CNBC’s Transform conference, IBM CEO Arvind Krishna painted a picture of a company in the midst of a transformation. He said that he wanted to take advantage of IBM’s $34 billion 2018 Red Hat acquisition to help customers manage a growing hybrid cloud world, while using artificial intelligence to […]

A federal judge has denied an attempt by conservative social network Parler to force Amazon to host it on AWS. As expected by most who read Parler’s ramshackle legal arguments, the court found nothing in the lawsuit that could justify intervention, only “faint and factually inaccurate speculation.” In the order, filed in the Western Washington […]

Decades ago, a software program called Trillian introduced a way for internet users to interact with multiple IM networks, like ICQ, AIM and MSN Messenger, in a single window. Now, Pebble founder and Y Combinator Partner Eric Migicovsky is revisiting this concept, but this time with a focus on centralizing access to modern-day chat applications. […]

Late last year, Solugen, a startup using synthetic biology to take hydrocarbons out of the chemicals industry, decided against pursuing a new round of funding that would have valued the company at over $1 billion, TechCrunch has learned. Instead, the Houston-based bio-manufacturing company raised an internal round of roughly $30 million from existing investors and […]

The Biden administration has officially appointed Commissioner Jessica Rosenworcel acting FCC chairwoman, and she very well may be the first woman to hold the official position if she is nominated for it later this year, as many expect. With her record of standing for equal access, industry accountability and net neutrality, Rosenworcel’s FCC will be […]

Regulators may still want to imply Bitcoin is merely a tool for criminals, but for many middle-class users, it’s proving to be a lifeline.

Omnipresent, which helps companies employ remote-working local teams worldwide, has closed a $15.8 million Series A funding round. The fundraise was led by an undisclosed investor with participation from existing investors, Episode 1, Playfair Capital and Truesight Ventures. The company said it closed the round five months after its July 2020 $2 million seed round. […]

Instacart plans to lay off nearly 2,000 of its workers, including the 10 workers from the Kroger-owned Mariano’s who unionized early last year, Vice reports. These workers are responsible for in-store shopping and packing of groceries. According to Vice, 10 of the workers affected unionized with the United Food and Commercial Workers Local 1546 in […]

Spotify continues to enlist big names for its podcasting efforts. The latest: Filmmaker Ava DuVernay and her arts collective Array. DuVernay has directed theatrically released films including “Selma” and “A Wrinkle in Time,” but she also made “13th” and “When They See Us” for Netflix, and she’s been an eloquent proponent for streaming as a […]

All change in the capital as the Biden administration takes charge, and thankfully without a hitch (or violence) after the attempted insurrection two weeks earlier. In this week’s Decrypted, we look at the ongoing fallout from the SolarWinds breach and who the incoming president wants to lead the path to recovery. Plus, the news in […]

Facebook announced Thursday that its newly established external policy review group will take on one of the company’s most consequential acts: The decision to suspend former President Trump. On January 7, Facebook suspended Trump’s account indefinitely. That decision followed the president’s actions the day prior, when he incited a violent mob that stormed the U.S. […]

If you’re somewhat famous on various social networks, chances are you are exposed to hate speech in your replies or in your comments. French startup Bodyguard recently launched its app and service in English so that it can hide toxic content from your eyes. It has been available in French for a few years and […]

As 2020 fades into the rearview mirror of history (huzzah!), it’s time to map out strategies to transform your early-stage startup dream into reality. If there’s one thing every early founder needs it’s information, and you’ll find it in abundance at TechCrunch Early Stage 2021. Introduced last year — and one of the most popular […]

The enterprise-focused Alchemist Accelerator is hosting its 26th Demo Day today, with 20 companies expected to debut. This is Alchemist’s third Demo Day to be fully virtual due to the ongoing pandemic. Alchemist Accelerator Director Ravi Belani tells me that this virtual format has thus far “outperformed the in-person Demo Day format,” with Alchemist’s […]

Can any news organization bridge the separate realities that the left and right seem to occupy in U.S. politics? A new startup with the odd-yet-memorable name Walking Duck is going to try. Walking Duck (an inversion of a “lame duck” president — a phrasing that has earned criticism as ableist — and a reference to […]

Otter.ai, the A.I.-powered voice transcription service that already integrates with Zoom for recording online meetings and webinars, is today bringing its service to Google Meet’s over 100 million users. However, in this case, Otter.ai will provide its live, interactive transcripts and video captions by way of a Chrome web browser extension. Once installed, a “Live […]

We asked some of our favorite health tech VCs from The TechCrunch List where we are headed in the next year, what they're most excited about and where they might be investing.

The Galaxy S21 is a tank. It’s a big, heavy (8.04 ounces versus its predecessor’s 7.7), blunt instrument of a phone. It’s quintessential Samsung, really — the handset you purchase when too much isn’t quite enough. In fact, it even goes so far as adopting S-Pen functionality — perhaps the largest distinguishing factor between the […]

Plaid is launching FinRise, a nine-month incubator for early-stage fintech founders from underrepresented backgrounds. Inspired by an internal hackathon amid Black Lives Matter protests last summer, the accelerator is explicitly looking at startups led by Black, Indigenous, and People of Color (BIPOC). Plaid Growth Manager Nell Malone and Design Manager Bhargavi Kamakshivalli are spearheading the […]

How many recent tech IPOs are down from their opening price? We looked at 14 debuts from the last year to find out.

YouTube is embracing the hashtag. The company has been quietly working on a new feature that allows users to better discover content using hashtags — either by clicking on a hashtag on YouTube or by typing in a hashtag link directly. Before, these actions would return a mix of content related to the hashtag, but […]

As the global agricultural industry stretches to meet expected population growth and food demand, and food security becomes more of a pressing issue with global warming, a startup out of South Africa is using artificial intelligence to help farmers manage their farms, trees, and fruits. Aerobotics is a South African startup that provides intelligent tools […]

PlayVS, the esports company bringing organized leagues to high schools and colleges, is today announcing its first acquisition. The startup, which has raised more than $100 million, has acquired GameSeta, a Vancouver-based startup that is also looking to provide infrastructure for high school esports teams. The terms of the deal were not disclosed. The deal […]

MIT researchers are looking to address the significant gap between how quickly robots can process information (relatively slowly), and how fast they can move (very quickly thanks to modern hardware advances), and they’re using something called ‘robomorphic computing’ to do it. The method, designed by MIT Computer Science and Artificial Intelligence (CSAIL) graduate Dr. Sabrina […]

CloudNatix, a startup that provides infrastructure for businesses with multiple cloud and on-premise operations, announced it has raised $4.5 million in seed funding. The round was led by DNX Ventures, an investment firm that focuses on United States and Japanese B2B startups, with participation from Cota Capital. Existing investors Incubate Fund, Vela Partners and 468 […]

This morning TripActions, a software company whose tools help businesses book and manage corporate travel, announced a new $155 million investment. Three investors led the round: prior investor Andreessen Horowitz, Addition Ventures, and Elad Gil. The new investment, a Series E, values TripActions at $5 billion on a post-money basis, a company spokesperson wrote via […]

While the Biden Administration is being celebrated for its decision to rejoin the Paris Agreement in one of its first executive orders after President Joe Biden was sworn in, it wasn’t the biggest step the administration took to advance its climate agenda. Instead it was a move to get to the basics of monitoring and […]

Soci, a startup focused on what it calls “localized marketing,” is announcing that it has raised $80 million in Series D funding. National and global companies like Ace Hardware, Anytime Fitness, The Hertz Corporation and Nekter Juice Bar use Soci (pronounced soh-shee) to coordinate individual stores as they promote themselves through search, social media, review […]

Apple is reportedly working on developing a high-end virtual reality headset for a potential sales debut in 2022, per a new Bloomberg report. The headset would include its own built-in processors and power supply, and could feature a chip even more powerful than the M1 Apple Silicon processor that the company currently ships on its […]

Creative Fabrica is best known as a marketplace for digital files, like fonts, graphics and machine embroidery designs, created for crafters. Now the Amsterdam-based startup is planning to expand into new verticals, including yarn crafts and projects for kids, with a $7 million Series A round led by Felix Capital. FJ Labs and returning investor […]

Google has reached an agreement with an association of French publishers over how it will be pay for reuse of snippets of their content. This is a result of application of a ‘neighbouring right’ for news which was transposed into national law following a pan-EU copyright reform agreed back in 2019. The tech giant had […]

But it’s been hard to argue against this position in the last ten years, as the country powered ahead, famously producing ground-breaking startups like Waze, which was eventually picked up by Google for over $1 billion in 2013. Waze’s 100 employees received about $1.2 million on average, the largest payout to employees in Israeli high […]

Springbox AI, an AI-powered financial forecasting application designed to replace financial market investment service and aimed at the average financial markets trader, has launched on iOS and Android. It’s been built by a team of founders who previously worked at Deutsche Bank, Credit Suisse, UBS, and BNP Paribas. It’s so far raised $2M in funding […]

Meet the Raspberry Pi Pico, a tiny little microcontroller that lets you build hardware projects with some code running on the microcontroller. Even more interesting, the Raspberry Pi Foundation is using its own RP2040 chip, which means that the foundation is now making its own silicon. If you’re not familiar with microcontrollers, those devices let […]

Berlin-based early-stage fund APX today announced that its two investors, European publisher Axel Springer and sports car maker Porsche, have increased their investment in the fund to a total of €55 million. With this, APX, which launched in 2018, is now able to deploy up to €500,000 in pre-Series A seed funding per company. That’s […]

No-code — software that lets you accomplish tasks that previously required coding skills — is an increasingly hot space, even if the basic premise has been promised and not fully realised for many years. Related to this are companies like Airtable, which attempt to make building relational databases and interrogating them as easy as creating […]

Lucile Cornet has been appointed Partner with Eight Roads Ventures Europe, a firm focusing on startups in Europe and Israel. Cornet is its first female Partner. Eight Roads is backed by Fidelity and has over $6 billion assets under management globally. Cornet will be focusing on the software and fintech sectors and previously led a […]