Month: April 2020

Stripe raises new funding, Uber acknowledges financial uncertainty and a controversial facial recognition startup accidentally exposes its source code. Here’s your Daily Crunch for April 17, 2020. 1. Stripe raises $600M at $36B valuation in Series G extension, says it has $2B on its balance sheet The economy may be contracting as a result of
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A new flurry of tweets from President Trump is pushing the limits of social platform policies designed explicitly to keep users safe from the spread of the novel coronavirus, both online and off. In a series of rapid-fire messages on Friday morning, Trump issued a call to “LIBERATE” Virginia, Minnesota, and Michigan, all states led
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A coalition of EU scientists and technologists that’s developing what’s billed as a “privacy-preserving” standard for Bluetooth-based proximity tracking, as a proxy for COVID-19 infection risk, wants Apple and Google to make changes to an API they’re developing for the same overarching purpose. The Pan-European Privacy-Preserving Proximity Tracing (PEPP-PT) uncloaked on April 1, calling for
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Starting tomorrow, 777 supermarkets in California, Illinois, Indiana, Iowa and Nevada will begin stocking the Impossible Foods plant-based meat substitute. Fueling the increased distribution and a push to expand its product suite and geographic footprint domestically and internationally is a $500 million round of funding the company closed in March. Some of that money is
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Schools have been closed for the past month in France. That’s why French startup Molotov is leveraging its over-the-top TV service to offer content for children of all ages. In particular, the company has partnered with SchoolMouv, a company that offers videos, exercises and more. Dubbed “Molotov for School”, the new section lets you find
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On-demand mobility, when done successfully, strikes a balance between demand and supply while providing reliable service and making a profit. It’s a sweet spot that can be difficult, if not impossible, to find. Autofleet, a startup that develops fleet optimization software to redirect underused vehicles into ride-hailing and delivery services, wants to solve that mission
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In today’s grim economic climate, companies are looking for ways to automate wherever they can. Bridgecrew, an early-stage startup that makes automated cloud security tooling aimed at engineers, announced a $14 million Series A today. Battery Ventures led the round with participation from NFX, the company’s $4 million seed investor. Sorensen Ventures, DNX Ventures, Tectonic
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Verizon makes a move into videoconferencing, Jeff Bezos discusses a plan to test Amazon employees for COVID-19 and Apple is reportedly working on new over-ear headphones. Here’s your Daily Crunch for April 16, 2020. 1. Verizon is buying b2b videoconferencing firm BlueJeans TechCrunch’s parent company is buying veteran videoconferencing platform BlueJeans Network — shelling out less
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Action camera manufacturer GoPro has announced some massive organizational changes at the company. In particular, the company is laying off over 200 employees — it represents a 20% staff reduction. GoPro will shut down some offices altogether. There will be offices in five geographies after the round of layoffs. The company expects to reduce operating expenses
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Google is today announcing a series of policy changes aimed at eliminating untrustworthy apps from its Android app marketplace, the Google Play store. The changes are meant to give users more control over how their data is used, tighten subscription policies, and help prevent deceptive apps and media — including those involving deepfakes — from
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