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Daily Crunch: Apple announces its next big event

6 years ago
Apple is closing out the year with another big event, Twitter details its plans to fight election-related misinformation and WeWork employees used an embarrassingly insecure printer password. This is your Daily Crunch for November 2, 2020. The big story: Apple announces its next big event Yes, almost everyone’s attention is locked onto tomorrow’s U.S. presidential […]

AWS launches its next-gen GPU instances

6 years ago
AWS today announced the launch of its newest GPU-equipped instances. Dubbed P4d, these new instances are launching a decade after AWS launched its first set of Cluster GPU instances. This new generation is powered by Intel Cascade Lake processors and eight of Nvidia’s A100 Tensor Core GPUs. These instances, AWS promises, offer up to 2.5x […]

PayPal’s earnings don’t excite Wall Street, but bring good news for consumer fintech

6 years ago
PayPal’s stock is down in after-hours trading after reporting third-quarter earnings that beat expectations. It’s not immediately clear why PayPal is losing ground, although it could stem from retail investor having higher expectations than what analysts estimated for the high-flying company. Despite failing to delight the investing public, it’s possible to see continued strength for […]

TikTok strikes new licensing agreement with Sony Music

6 years ago
TikTok announced this morning it has signed a new licensing agreement with Sony Music Entertainment (SME) that will allow the short-form video app to continue to offer songs from Sony Music artists for use by creators on its platform. The agreement will also see the companies partnering on efforts to promote Sony artists, TikTok said. […]

What social networks have learned since the 2016 election

6 years ago
On the eve on the 2020 U.S. election, tensions are running high. The good news? 2020 isn’t 2016. Social networks are way better prepared to handle a wide array of complex, dangerous or otherwise ambiguous Election Day scenarios. The bad news: 2020 is its own beast, one that’s unleashed a nightmare health scenario on a […]

NerdWallet acquires small business loan marketplace Fundera

6 years ago
Financial guidance company NerdWallet announced at the end of last week that it has acquired Fundera. New York City-based Fundera was co-founded in 2013 by Jared Hecht, who previously co-founded GroupMe. It created a marketplace where small businesses could find loans, subsequently expanding into other areas like legal services, while also (like NerdWallet) offering free […]

Scaleway launches cloud instances that cost $2.10 per month

6 years ago
French cloud hosting company Scaleway originally started with very cheap cloud instances. Over the years, the company has expanded its offering and added more premium services, such as managed Kubernetes, object storage, block storage, managed databases, load balancers and GPU instances. But Scaleway is now launching another cheap cloud instance that costs €0.0025 per hour […]

Maze, a notorious ransomware group, says it’s shutting down

6 years ago
One of the most active and notorious data-stealing ransomware groups, Maze, says it is “officially closed.” The announcement came as a waffling statement, riddled with spelling mistakes and published on its website on the dark web, which for the past year has published vast troves of stolen internal documents and files from the companies it […]

Booming edtech M&A activity brings consolidation to a fragmented sector

6 years ago
As the COVID-19 pandemic continues to force teachers, students and parents to adopt new technologies, edtech’s total addressable market has massively grown in the last several months. The shift has urged venture capitalists to pour money into the sector accordingly, ushering a number of startups into the unicorn club. But maturation doesn’t just mean bigger […]

Coupa Software snags Llamasoft for $1.5B to bring together spending and supply chain data

6 years ago
Coupa Software, a publicly traded company that helps large corporations manage spending, announced that it was buying Llamasoft, an 18-year-old Michigan company that helps large companies manage their supply chain. The deal was pegged at $1.5 billion. This year Llamasoft released its latest tool, an AI-driven platform for managing supply chains intelligently. This capability in […]

Apple’s next big event is November 10

6 years ago
Apple just sent out invites for its latest — and last — big event of 2020. Set for 10 a.m. PST on November 10, the “One More Thing” event will almost certainly focus on the long-awaited arrival of Apple silicon Macs. The big event will, naturally, be online-only — as it seems all big tech […]

Lidar startup Aeva to go public via $2.1 billion SPAC merger

6 years ago
Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with special purpose acquisition company InterPrivate Acquisition Corp., with a post-deal market valuation of $2.1 billion. The deal with InterPrivate, which is led by private equity investor Ahmed Fattouh, is expected to close by early […]

Relativity Space’s Tim Ellis is coming to TC Sessions: Space 2020

6 years ago
Getting to space isn’t as difficult as it used to be, but that doesn’t mean it’s easy. Relativity Space aims to vastly simplify the incredibly complex machine that is a launch vehicle by 3D-printing it from tip to tail fins. Co-founder and CEO Tim Ellis will be joining us at TC Sessions: Space on December […]

TVision raises $16M to measure viewer attention on connected TVs

6 years ago
TVision is building what its team hopes will become the standard for measuring streaming viewership — and to accelerate those efforts, it’s raised $16 million in new funding. The New York City startup started by measuring traditional TV viewing, using webcams to determine whether viewers were actually paying attention to the ads. More recently, it’s […]
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