European pre-seed and seed-stage VC Seedcamp has reached £78M in the first and final close of its fifth fund, ‘Seedcamp V’, its largest to date. The round was backed by investors including British Patient Capital, Legal & General, TIFF, LGT, Vintage IP, Isomer Capital, OMERS. VC backers include Index, Sequoia, Underscore VC, Northzone, Atomico and […]
Index Ventures, the London and San Francisco-headquartered venture capital firm that primarily invests in Europe and the U.S., has recruited its latest investment partner. Carlos Gonzalez-Cadenas, who is currently the COO of London-based fintech GoCardless and was previously the chief product officer of Skyscanner, is joining Index in January, TechCrunch can reveal. For those not […]
India’s Ministry of Information and Broadcasting, which oversees programs beamed on television and theatres in the country, will now also regulate policies for streaming platforms and digital news outlets in a move that is widely believed to kickstart an era of more frequent and stricter censorship on what online services air. The new rules (PDF), […]
Heroes, a European e-commerce business operating a similar model to unicorn Thrasio in the U.S. — with a strategy of acquiring and scaling high performing Amazon businesses — has raised $65 million in funding round. The round — a mixture of equity financing and debt — is co-led by 360 Capital and Fuel Ventures, with […]
In a new filing, TikTok’s parent company ByteDance asked the federal appeals court to vacate the United States government order forcing it to sell the app’s American operations. President Donald Trump issued an order in August requiring ByteDance to sell TikTok’s U.S. business by November 12, unless it was granted a 30-day extension by the […]
Ray Holgado, a former employee of the Chan Zuckerberg Initiative, recently filed a racial discrimination complaint with the California Department of Fair Employment and Housing. Holgado, who is Black, worked at CZI from September 2018 through August 2020. “Despite its social justice rhetoric, CZI is not a welcoming environment for Black employees,” Holgado’s complaint states. […]
In the past several weeks we’ve seen refreshes and product expansions from about every facet of the smart home virtual assistant world. Apple launched the HomePod Mini, Google offered a long-overdue refresh of the Google Home and Amazon found even more speaker shapes to shove Alexa into. Today, we’re getting an addition from a startup […]
Apple announces “One More Thing” before the holiday season, Uber lets you reserve rides 30 days in advance and Spotify makes another podcast acquisition. This is your Daily Crunch for November 10, 2020. The big story: Apple unveils new Macs During an unusually brief and focused “One More Thing” event, Apple announced three new Macs […]
Shares of Lyft are riding high, popping more than 7% in after-hours trading today after the American ride-hailing giant reported its Q3 earnings. Lyft, which competes with Uber for rideshare, reported revenues of $499.7 million in the third-quarter, a 48% drop from the $955.6 million in the same year-ago period. That lackluster result is still […]
There are plenty of e-readers to choose from out there, but never enough for me. I’m always questing for the one that will make me forget that there are others available, and in the Onyx Boox Poke 3, I think I have found it — at least for now. The Chinese e-paper device maker has […]
Apple today announced its first self-developed processor for Mac hardware. Called the M1, the system on a chip (SoC) is based on an Arm architecture rather than an Intel-built platform. This is a massive switch, and as the dust settles from the announcement, details are starting to appear around options for the new MacBook Air, […]
Two U.S. representatives who oversee the FCC have asked the agency to respect the results of the election by abandoning any “partisan, controversial items under consideration.” This likely includes the FCC’s effort to reinterpret Section 230, an important protection for internet platforms, at the Trump administration’s request. In the letter sent to FCC Chairman Ajit […]
Google today announced it’s adding more COVID-related health and safety information to its Google Travel booking service. Starting this week, when users search for hotels and vacation rental properties through Google Travel, they may see new information about COVID-19 safety precautions at the property — like enhanced cleaning procedures that may be in use, for […]
When IBM announced it was spinning out its infrastructure services business last month, it was surely a sign that the company was going all in on hybrid cloud. Today in an interview with Jon Fortt at the CNBC Evolve summit, IBM CEO Arvind Krishna made it clear that his whole focus is going to be […]
Accelerators have become a major force in the startup world, but these teeming masses of potential have been forced, like every other industry, to adopt major changes with the pandemic. Surprisingly, however, they have not just rolled with the punches but seem to be thriving in the new virtual environment. I spoke with the heads […]
Worth $1,985 billion at the close of the show, Apple’s Mac event could not find that last $15 billion in market cap that it needed to crest the $2,000 billion mark, a market cap value more commonly referred to as $2 trillion. Your watchful friends at TechCrunch not only kept tabs on Apple’s new M1 […]
Monday’s news that a COVID-19 vaccine candidate looks to be incredibly effective gave investors reasons to believe in a better future. Perhaps COVID-19 won’t be with us for years, investors appeared to think, but will instead become something that we can bend the curve on sooner than we thought. A strong vaccine would be key […]
Ready for more Apple news? Because it’s time for more Apple news. This morning the company hosted its third event in as many months, where they finally detailed how and why they’ll be shifting Macs to chips designed and built by Apple — and showed off the first Macs that’ll make the jump: new MacBook […]
Apple detailed today how its new Apple Silicon Macs would be capable of running a wider range of apps than before, even in the case where an iOS developer hasn’t released a Mac-compatible version of their mobile experience. The company said macOS Big Sur on its new Macs would support universal apps — which include […]
Apple brought back actor John Hodgman for a brief cameo in today’s Arm-based Mac launch event, reprising his role as the dorky “I’m a PC” character, now tasked with poking fun at Intel-based PCs in the face of an Apple silicon future for the company. The short slot aired following the end of Tuesday’s “One […]
