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Coinbase reported to consider late 2020, early 2021 public debut

Coinbase is the latest mega-startup that may approach the public markets. The digital currency exchange company could follow Palantir, which is also nearing its IPO, after the secretive data-focused unicorn announced that it had filed privately. Earlier toda

VCs are cutting checks remotely, but deal volume could be slowing

When COVID-19 began to shutter the United States economy, startups jumped into cost-cutting mode as expectations rose that venture capital was about to get a heck of a lot harder to raise. After all, prior downturns in the broader economy, and tech sector in

Freshworks acquires IT orchestration service Flint

Customer engagement company Freshworks today announced that it has acquired Flint, an IT orchestration and cloud management platform based in India. The acquisition will help Freshworks strengthen its Freshservice IT support service by bringing a number of ne

Join Extra Crunch Live today for SaaS! SaaS! SaaS! with Emergence Capital’s Jason Green at 2 pm EDT/11 am PDT

There’s been a wildfire in the economy these past few months, but one of the few redwoods still standing is that great bulwark of enterprise software known as SaaS. SaaS stocks and SaaS startups and SaaS founders have (mostly) survived the pandemic unscathe

YouTube Kids app is now available on Amazon Fire TV

YouTube Kids, the family-friendly version of YouTube with built-in parental controls and a curated selection of kids content, is now available on Amazon’s Fire TV. The app’s arrival comes after Google and Amazon came to a mutually beneficial agree

Canon’s new R5 and R6 mirrorless cameras offer big video upgrades, bird eye autofocus and more

Canon has finally fully revealed its much-anticipated R5 and R6 mirrorless interchangeable lens cameras, and they look like very strong contenders for the field. The R5 is the new flagship of Canon’s mirrorless line, and it’s priced accordingly a

Singaporean startup Karana raises $1.7 million for meat substitutes made from jackfruit

Singaporeans have a growing appetite for plant-based meat substitutes. In fact, demand for products from companies like Beyond Meat, Impossible Foods and Quorn have grown during the pandemic, partly because consumers are making more health-conscious decisions

Smartwatch hack could trick patients to ‘take pills’ with spoofed alerts

Vulnerabilities could have let hackers send medication reminders to patients as often as they wanted.

LogDNA announces $25M Series C investment and new CEO

LogDNA, a startup that helps DevOps teams dig through their log data to find issues, announced a $25 million Series C investment today along with the promotion of industry vet Tucker Callaway to CEO. Let’s start with the funding. Emergence Capital led t

GoPro turns the Hero 8 Black into a $249 webcam

The GoPro Hero 8 action camera can now be used as a webcam thanks to a software utility. The software, which is still in beta, lets users connect a Hero 8 camera through USB and use it as a webcam. Without this utility, owners had to use a combination of dong

Twilio acquires Electric Imp to bolster its growing IoT business

While you may mostly think about Twilio in the context of its voice and text messaging platform, the company has recently made a number of moves to bolster its IoT platform, which is already one of its fastest-growing business units. To accelerate this push,

Data brokers track everywhere you go, but their days may be numbered

Everywhere you go, you are being followed. Not by some creep in a raincoat, but by the advertisers wanting to sell you things. The more advertisers know about you — where you go, which shops you visit, and what purchases you make — the more they can profi

Google expands its Swirl 3D ad format

Google is announcing the global availability of Swirl, an ad format that the company unveiled in beta just over a year ago. The Swirl format involves banner ads that include interactive 3D product models. As the company put it in a blog post: Swirl lets consu

MariaDB raises $25M more to expand its SkySQL cloud database platform

Cloud services continue to be a key component of how organisations remain operational even as so much else — such as physically working in enclosed offices — is forced to change because of the COVID-19 health pandemic. Today, MariaDB Corporation,

Elon Musk sets update on brain-computer interface company Neuralink for August 28

Elon Musk said on Twitter this week that Neuralink, the company he founded in 2016 to develop computer-brain interfaces for the explicit purpose of helping humans keep pace with advanced artificial intelligence, will provide an update on its progress on Augus

14 VCs discuss COVID-19 and London’s future as a tech hub

The UK has created 63 tech unicorns in the past decade (according to Dealroom), and it almost goes without saying that the vast majority of those companies were based out of London, the country’s largest tech hub. Famously, London’s DeepMind, an AI startu

Review: Handsome and nippy, new VanMoof e-bikes could be the shape of cities to come

Perhaps more significantly, I had a particular task in mind for it. In the current COVID-19 pandemic much has been made of cities being transformed into proverbial deserts, as traffic and pedestrians disappeared. Now, with many cities coming out of lockdown,

TikTok saw a rise in government demands for user data

Earlier this year, TikTok’s parent company ByteDance joined the raft of American tech giants that publish the number of government demands for user data and takedown requests by releasing its own numbers. The move was met with heavy skepticism, amid con

Kernel raises $53 million for its non-invasive ‘Neuroscience as a Service’ technology

LA-based bio science startup Kernel has raised $53 million from investors including General Catalyst, Khosla Ventures, Eldridge, Manta Ray Ventures, Tiny Blue Dot and more. The funding is the first outside money that Kernel has taken in, though it’s a S

WhatsApp Business, now with 50m MAUs, adds QR codes and catalog sharing

The global COVID-19 health pandemic has raised the stakes for businesses when it comes to using digital channels to connect with customers, and today WhatsApp unveiled its latest tools to help businesses use its platform to do just that. The Facebook-owned 

Flipkart invests $35 million in Indian fashion brand to target youth

Flipkart on Thursday announced it has invested $35 million in Arvind Fashions for a significant minority stake in one the decades-old Indian firm’s subsidiaries as the Walmart-owned firm looks to widen its hold on fashion e-commerce in the world’

Flipkart invests $35 million in Indian giant Arvind Fashions’ unit

Flipkart on Thursday announced it has invested $35 million in Arvind Fashions for a significant minority stake in one the decades-old Indian firm’s subsidiaries as the Walmart-owned firm looks to widen its hold on fashion e-commerce in the world’

Joe Coffee raises another $1.3M to help more coffee shops take mobile orders

Gone — or at least on hold for a long while — are the days of hanging around a coffee shop, poking around the Internet on the free WiFi while sipping the same coffee for three hours. The entire idea feels kind of alien right now. A little anxiety-inducing

Nuggs rebrands as Simulate with new cash, a new CTO and an expanded line of faux-meat foods

Nuggs, the alternative-meat company founded by serial entrepreneur Ben Pasternak (who previously co-founded the social media app Monkey), has raised $4.1 million and gotten itself a new name and a new CTO as it looks to move beyond chicken nuggets. Now calle

Yamo scores €10.1M Series A to offer healthier food choices for young children

Yamo, a self-described “foodtech” startup that produces and sells healthier food for babies and young children, has raised €10.1 million in Series A funding. Backing comes from European food and agriculture tech investor Five Seasons Ventures, S

LocalGlobe and TransferWise’s Taavet Hinrikus back ‘frictionless finance’ startup Radix

Radix, a U.K. startup that’s building a decentralised finance protocol on which new financial apps can connect and be built on top of, has raised $4.1 million in new funding. Backing the company, which counts the Ethereum network and a number of other &

Flipkart invests $35 million in Indian giant Arvind Fashion’s unit

Flipkart on Thursday announced it has invested $35 million in Arvind Fashions for a significant minority stake in one the decades-old Indian firm’s subsidiaries as the Walmart-owned firm looks to widen its hold on fashion e-commerce in the world’

Google reportedly cancelled a cloud project meant for countries including China

After reportedly spending a year and a half working on a cloud service meant for China and other countries, Google cancelled the project, called “Isolated Region,” in May due partly to geopolitical and pandemic-related concerns. Bloomberg reports that Iso

This VC just closed on $60M to fund ‘technical risk,’ saying other VCs mostly do not

Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds, and three foundations. Sidana — who

This VC just closed on $60 million to fund “technical risk,” saying other VCs mostly do not

Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds, and three foundations. Sidana — who

This VC just closed on $60 million to fund “technical risk,” saying other VCs rarely do the same

Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds, and three foundations. Sidana — who

Report says Quibi lost 92% of its earliest users after free trials expired

The Independence Day weekend was a big one for Quibi, it was time to see how many of their earliest subscribers would convert from free users to paid subscribers. Early reports indicate that the streaming service held onto some subscribers through that period

Fisker raises $50 million to bring its all-electric Ocean SUV to market in 2022

Electric vehicle startup Fisker Inc. said Wednesday it has raised $50 million, much needed capital that will go towards funding the next phase of engineering work on the company’s all-electric luxury SUV. The startup is aiming to launch the Fisker Ocea

Daily Crunch: Facebook faces blistering civil rights audit

Auditors were not impressed by Facebook’s civil rights work, Tinder tests video chat and a new nasal spray could reduce the risk of COVID-19 transmission. Here’s your Daily Crunch for July 8, 2020. The big story: Facebook faces blistering civil ri

Apple says it’s ‘committed’ to supporting Thunderbolt on new Macs after Intel details latest version

Earlier today, Intel offered some key insight into Thunderbolt 4, following an initial unveil at CES back in January. The latest version of the connection standard isn’t actually faster than its predecessor (still offering up the same 40 gbps as its predece

Facebook and Instagram boot close Trump ally Roger Stone for network of fake accounts

Facebook released its latest report detailing disinformation campaigns operating on its massive social network Wednesday and this one came with a few surprises. In the new report, Facebook disclosed that it had removed a network accounts linked to close Trum

NASA injects $17M into four small companies with Artemis ambitions

NASA awards millions of dollars a year to small businesses through the SBIR program, but generally it’s a lot of small awards to hundreds of companies. Breaking with precedent, today the agency announced a new multi-million-dollar funding track and its

Garry Kasparov on AI: ‘People always called me an optimist’

Garry Kasparov is a political activist who’s written books and articles on artificial intelligence, cybersecurity and online privacy, but he’s best known for being the former World Chess Champion who took on the IBM computer known as Big Blue i

Strive School wants to increase the number of job-ready software engineers in Europe

College in the United States is expensive and, for many, comes with massive student debt. The price tag has led to the increase of coding bootcamps and alternative schooling options to help students gain employment, and a salary, without taking on millions o

Raising $22.5 million, Liftit looks to expand its logistics services in Brazil, Mexico, Chile, and Ecuador

The Colombian trucking and logistics services startup Liftit has raised $22.5 million in a new round of funding to capitalize on its newfound traction in markets across Latin America as responses to the COVID-19 epidemic bring changes to the industry across t
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