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Updated 2024-11-25 21:47
UK to set up ‘pro-competition’ regulator to put limits on big tech
The U.K. is moving ahead with a plan to regulate big tech, responding to competition concerns over a “winner-takes-all” dynamic in digital markets. It will set up a new Digital Market Unit (DMU) to oversee a “pro-competition” regime for internet platforms — including those funded by online advertising, such as Facebook and Google — the […]
Alibaba vies for a piece of China’s booming EV market
There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age. State-owned automaker SAIC Motor, a major player in China, […]
Gift Guide: Black Friday tech deals that are actually worth checking out
Black Friday approaches! In a year where asking Alexa what day today is feels totally normal, this Black Friday seems like it came out of nowhere. As we say pretty much every year, a lot of Black Friday deals are… not that good. While there are certainly deals to be found, there’s also a lot […]
Facebook’s latest ad tool fail puts another dent in its reputation
Reset yer counters: Facebook has had to ‘fess up to yet another major ad reporting fail. This one looks like it could be costly for the tech giant to put right — not least because it’s another dent in its reputation for self reporting. (For past Facebook ad metric errors check out our reports from […]
Thanksgiving online shopping hits record $5.1B, up 21.5% on 2019, 47% of sales via mobile
Thanksgiving for many is about eating, seeing family, reflecting and relaxing for the day. But for an increasing number of us, it’s also seems to be about shopping. Collectively, consumers in the US spent a record $5.1 billion buying goods online yesterday, according to analytics from Adobe. The company’s marketing technology division is following online […]
AstraZeneca says it will likely do another study of COVID-19 vaccine after accidental lower dose shows higher efficacy
AstraZeneca’s CEO told Bloomberg that the pharmaceutical company will likely conduct another global trial of the effectiveness of its COVID-19 vaccine trial, following the disclosure that the more effective dosage in the existing Phase 3 clinical trial was actually administered by accident. AstraZeneca and its partner the University of Oxford reported interim results that showed […]
Bigblue wants to automate e-commerce fulfillment in Europe
Meet Bigblue, a French startup that just raised a $3.6 million seed round (€3 million) to build an end-to-end fulfillment solution in Europe. If you sell products on your own website and across multiple marketplaces, you can use Bigblue to handle everything that happens after a transaction. Bigblue doesn’t try to reinvent the wheel. Instead, […]
Foxconn could move some iPad and MacBook production to Vietnam
Following a request from Apple, Foxconn could be shifting production out of China for some iPad and MacBook models according to a report from Reuters. The new assembly lines would be based in Vietnam. As a recent investigation from The Information highlighted, both companies are intrinsically connected. The Taiwanese manufacturer is Apple’s main production partner. […]
US Fertility says patient data was stolen in a ransomware attack
U.S. Fertility, one of the largest networks of fertility clinics in the United States, has confirmed it was hit by a ransomware attack and that data was taken. The company was formed in May as a partnership between Shady Grove Fertility, a fertility clinic with dozens of locations across the U.S. east coast, and Amulet […]
GDPR enforcement must level up to catch big tech, report warns
A new report by European consumer protection umbrella group Beuc, reflecting on the barriers to effective cross-border enforcement of the EU’s flagship data protection framework, makes awkward reading for the regional lawmakers and regulators as they seek to shape the next decades of digital oversight across the bloc. Beuc’s members filed a series of complaints […]
Equity Dive: Edtech’s 2020 wakeup call
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. This week, we’re doing a first-ever for the show and taking a deep dive into one specific sector: Edtech. Natasha Mascarenhas has covered education technology since Stanford first closed down classes in the wake of […]
TikTok’s epic rise and stumble
TikTok’s rise in the West is unprecedented for any Chinese tech company, and so is the amount of attention it has attracted from politicians worldwide. Below is a timeline of how TikTok grew from what some considered another “copycat” short video app to global dominance and eventually became a target of the U.S. government. 2012-2017: […]
Rockstar programmer: Rivers Cuomo finds meaning in coding
“Hi, I’m Rivers from the band, Weezer,” Rivers Cuomo says with a slight smile and a wave. He turns away from the camera for a bit, before launching into his best infomercial pitch. “Imagine you’re on tour, and you’re sitting in your dressing room or your tour bus. You’re backstage. You have stage fright, you’re […]
Daily Crunch: Amazon Web Services stumble
An Amazon Web Services outage has a wide effect, Salesforce might be buying Slack and Pinterest tests new support for virtual events. This is your Daily Crunch for November 25, 2020. And for those of you who celebrate Thanksgiving: Enjoy! There will be no newsletter tomorrow, and then Darrell Etherington will be filling in for […]
Gift Guide: 5 solid tech gifts to help decrease stress and increase sleep
Even in a normal year, the holidays can be an anxiety-inducing hellscape. In 2020, though — honestly, it’s hard to say what manner of climactic finale this historically rough year might have on tap. In honor of the one of the most epically rotten years on record, we’ve cobbled together a list of gifts that could go a ways toward helping folks make it triumphantly across the finish line.
Enterprise investor Jason Green on SPAC hopefuls versus startups bound for traditional IPOs
Jason Green has a pretty solid reputation as venture capitalists go. The enterprise-focused firm he co-founded 17 years ago, Emergence Capital, has backed Saleforce, Box and Zoom, among many other companies, and even while every firm is now investing in software-as-a-service startups, his remains a go-to for many top founders selling business products and services. […]
Flexible expressions could lift 3D-generated faces out of the uncanny valley
3D-rendered faces are a big part of any major movie or game now, but the task of capturing and animating them in a natural way can be a tough one. Disney Research is working on ways to smooth out this process, among them a machine learning tool that makes it much easier to generate and […]
Gift Guide: 7 smart home gift ideas that go beyond the usual Google/Amazon smart speakers
It's never been easier to build a smart home. Beyond the same Google/Amazon/Apple/etc. voice-powered assistant speakers you've probably seen on every gift guide for years, there's a world of wonderful smart home products that can delight, surprise, and maybe make your life a little easier. The following list is void of those usual suspects and features unique products that would be perfect for anyone trying to make their home just a little bit smarter. Or for you. Whatever works.
Remote-controlled delivery carts are now working for the local Los Angeles grocer
Robots are no longer the high-tech tools reserved for university labs, e-commerce giants and buzzy Silicon Valley startups. The local grocer now has access too. Tortoise, the one-year-old Silicon Valley startup known for its remote repositioning electric scooters, has taken its tech and adapted it to delivery carts. The company recently partnered with online grocery […]
France starts collecting tax on tech giants
France is going forward with its plan to tax big tech companies. The government has sent out notices to tech giants, as reported by the Financial Times, Reuters and AFP. There could be retaliation tariffs on French goods in the U.S. For the past couple of years, France’s Economy Minister Bruno Le Maire has been […]
As IBM shifts to hybrid cloud, reports have them laying off 10,000 in EU
As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. This comes on the heels of last month’s announcement that the organization will be spinning out its infrastructure services business next year. While IBM wouldn’t confirm the layoffs, a spokesperson suggested there […]
What will tomorrow’s tech look like? Ask someone who can’t see
Sight tech – or more broadly, eyes-free tech – now touches every part of our lives and the devices that we depend on. And it’s not just blind and visually impaired people who are benefitting.
Insurtech’s big year gets bigger as Metromile looks to go public
In the wake of insurtech unicorn Root’s IPO, it felt safe to say that the big transactions for the insurance technology startup space were done for the year. After all, 2020 had been a big one for the broad category, with insurtech marketplaces raising lots, rental insurance startup Lemonade going public, Root itself debuting even […]
Amazon Web Services outage takes a portion of the internet down with it
Amazon Web Services is currently having an outage, taking a chunk of the internet down with it. Several AWS services were experiencing problems as of early Wednesday, according to its status page. That means any app, site or service that relies on AWS might also be down, too. (As I found out the hard way […]
Slack’s stock climbs on possible Salesforce acquisition
News that Salesforce is interested in buying Slack, the popular workplace chat company, sent shares of the smaller firm sharply higher today. Slack shares are up just under 25% at the moment, according to Yahoo Finance data. Slack is worth $36.95 per share as of the time of writing, valuing it at around $20.8 billion. […]
Instead of yule log, watch this interactive dumpster fire because 2020
The holiday season is upon us and with that comes stress, anxiety and the airing of grievances. And this year is worse. Instead of watching a yule log smolder in a warm hearth, we’re all stuck in our homes watching the world burn. Try this interactive dumpster fire instead of yelling into the void. The […]
Join us for a live Q&A with Sapphire’s Jai Das on Tuesday at 2 pm EST/11 am PST
Sure, we’re heading into a holiday weekend here in America, but that doesn’t mean that the good ship TechCrunch is going to slow down. We’re diving right back in next week with another installment in season two of Extra Crunch Live, our regular interview series with startup founders, venture capitalists and other leaders from the […]
Cast.ai nabs $7.7M seed to remove barriers between public clouds
When you launch an application in the public cloud, you usually put everything on one provider, but what if you could choose the components based on cost and technology and have your database one place and your storage another? That’s what Cast.ai says that it can provide, and today it announced a healthy $7.7 million […]
Europe sets out the rules of the road for its data reuse plan
European Union lawmakers have laid out a major legislative proposal today to encourage the reuse of industrial data across the Single Market by creating a standardized framework of trusted tools and techniques to ensure what they describe as “secure and privacy-compliant conditions” for sharing data. Enabling a network of trusted and neutral data intermediaries, and […]
Amazon expands IP Accelerator to Europe after US SMBs register 6,000 trademarks
As we head into the biggest shopping period of the year — which this year may well have an even stronger online component than usual because of Covid-19 — Amazon has launched its latest effort to combat the sale of counterfeit goods on its site. The e-commerce giant today announced that its IP Accelerator in […]
Tiger Global invests in India’s Unacademy at $2 billion valuation
Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. The Bangalore-based startup, which focuses on K-12 online education, said on Wednesday it has raised new funds from Tiger Global Management and Dragoneer Investment Group. The funding round, which is between $75 million to $100 million in size […]
Coinbase disables margin trading following guidance from Commodity Futures Trading Commission
Just a few months after launching margin trading on Coinbase Pro, the company is disabling the feature. Margin trading lets you trade on leverage. But it works both ways — margin trading lets you multiply your gains and your losses. Starting on November 25, 2pm PT, users won’t be able to place new margin trades. […]
WeGift, the ‘incentive marketing’ platform, collects $8M in new funding
WeGift, the London-based startup that has built an “incentive marketing” platform that lets businesses easily issue e-gift cards and other digital rewards to customers, has raised $8 million in new funding. Dubbed a Series A extension, the round is led by AlbionVC. Existing investors including Stride.vc, SAP.iO fund and Unilever Ventures also followed on. Following […]
As e-bikes boom, FuroSystems raises its first venture funding round ahead of a new model launch
With COVID-19 making commuters switch to bikes, and cities wanting cleaner air, the e-bike revolution is only just getting started. Further evidence of this is the news that today British e-bike manufacturer FuroSystems has closed its first institutional venture funding round of £750,000 with participation by TSP Ventures and European impact investment bank, ClearlySo, as […]
The FCC rejects ZTE’s petition to stop designating it a “national security threat”
The Federal Communications Commission has rejected ZTE’s petition to remove its designation as a “national security threat.” This means that American companies will continue to be barred from using the FCC’s $8.3 billion Universal Service Fund to buy equipment and services from ZTE . The Universal Service Fund includes subsidies to build telecommunication infrastructure across […]
Talking tech’s exodus, Twitter’s labels, and Medium’s next moves with founder Ev Williams
Earlier today, we had the chance to talk with Twitter and Medium cofounder Ev Williams, along with operator-turned investor James Joaquin, who helps oversee the day-to-day of the mission-focused venture firm they separately cofounded six years ago, Obvious Ventures. We collectively discussed lot of venture-y things, some of which we’ll publish next week, so stayed […]
SpaceX successfully launches a Falcon 9 booster for a record seventh time
SpaceX has launched yet another Starlink mission, adding 60 more Starlink satellites to its low-Earth orbit constellation. That’s good news for its efforts to blanket the globe in high-speed broadband, and today’s flight is even better news for its equally important ambition of developing more reusable rocket systems, since the first-stage booster that helped launch […]
Pinterest tests online events with dedicated ‘class communities’
Pinterest is getting into online events. The company has been spotted testing a new feature that allows users to sign up for Zoom classes through Pinterest, while creators use Pinterest’s class boards to organize class materials, notes and other resources, or even connect with attendees through a group chat option. The company confirmed the test […]
Police case filed against Netflix executives in India over ‘A Suitable Boy’ kissing scene
Netflix, which has invested more than $500 million to gain a foothold in India in recent years, is slowly finding out what all could upset some people in the world’s second-largest internet market: Apparently everything. A police case has been filed this week against two top executives of the American streaming service in India after […]
SpaceX targeting next week for Starship’s first high-altitude test flight
SpaceX looks ready to proceed to the next crucial phase of its Starship spacecraft development program: A 15km (50,000 feet) test flight. This would far exceed the max height that any prior Starship prototype has achieved so far, since the current record-setting hop test maxed out at around 500 feet. Elon Musk says that SpaceX […]
New venture firm The-Wolfpack takes a fresh approach to D2C startups
The COVID-19 pandemic has hit the consumer, leisure and media companies hard, but a new venture firm called The-Wolfpack is still very upbeat on those sectors. Based in Singapore, the firm was founded by former managing directors at GroupM, one of the world’s largest advertising and media companies, and plans to work very closely with […]
How Verge Aero’s drones pulled off an Election Day win as big as Biden’s
Intel may be the household name, but Verge Aero is hot on their heels with a product that’s more nimble, easier to execute and much more dynamic.
Noise-canceling headphones that pair big sound with sweet silence
I never thought I’d need a pair of serious noise-canceling headphones. I don’t mind hours of droning white noise on international flights and generally don’t like feeling like my head’s been locked in an airless tomb, so I’ve always used open headphones that let ambient sound in. But 2020 broke me. I’ve always preferred the […]
Daily Crunch: Twitter will bring back verification
Twitter prepares to hand out more blue checkmarks, YouTube suspends OANN and Discord is raising a big funding round. This is your Daily Crunch for November 24, 2020. The big story: Twitter will bring back verification Twitter paused its blue checkmark verification system in 2017 as it faced controversy over who gets verified — specifically […]
Gift Guide: Smart cooking gadgets for the smart cookies on your list
If you're spending a lot of time at home this holiday season, you might as well spend at least some of that time in the kitchen and making delicious meals. There are plenty of smart kitchen gadgets out there, but it feels like the best among them are really delivering standout experiences for smarter, better and more connected cooking options.
Netflix removes ‘Chappelle’s Show’ at Dave Chappelle’s request
Netflix started streaming “Chappelle’s Show” at the beginning of November — but barely more than three weeks later, it has taken the Comedy Central sketch show off its service. Co-creator Dave Chappelle offered some context for the decision in an Instagram clip of what appears to be a recent standup set, in which he described […]
Gift Guide: Smart exercise gear to hunker down and get fit with
Home exercise gear is always a nice holiday gift choice for anyone who has expressed interest in staying healthy and getting more fit, but during the ongoing COVID-19 pandemic it’s more relevant than ever.
Working to understand C3.ai’s growth story
The end-of-year IPO wave continues, this time with C3.ai moving closer to its own formal debut by updating its S-1 filing with third-quarter data. The new data provides the market with a much better look into how the unicorn AI company’s business has progressed during the COVID-19 era, and should help public investors price the […]
Pay-per-mile auto insurer Metromile is heading to public markets via SPAC
Metromile, the pay-per-mile auto insurer that earlier this year laid off a third of its staff due to economic uncertainties caused by COVID-19, is taking the SPAC path to the public markets. The company, which was founded in 2011 and is led by CEO Dan Preston, said it has reached a merger agreement with special […]
YouTube suspends and demonetizes One America News Network over COVID-19 video
YouTube today confirmed that it has suspended right-wing cable channel One America News Network (OAN or OANN for short). The penalty comes after a violation of YouTube’s stated COVID-19 misinformation guidelines. As a result, the network will be barred from posting new videos for a week, while its existing videos will also be demonetized for […]
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