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Danny Crichton @ TechCrunch · 01/26/2021 08:00 EDT

EdgeQ reveals more details behind its next-gen 5G/AI chip

5G is the current revolution in wireless technology, and every chip company old and new is trying to burrow their way into this ultra-competitive — but extremely lucrative — market. One of the most interesting new players in the space is EdgeQ, a startup with a strong technical pedigree via Qualcomm that we covered last [
] Read more â€ș

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/26/2021 08:00 EDT

Span, the smart fusebox replacement founded by an ex-Tesla engineer, gets an Alexa upgrade

Automating and controlling devices and energy usage in homes has potentially become a bit easier thanks to an integration between Span, the startup making a digital fusebox replacement, and  Amazon’s voice recognition interface, Alexa. The integration also comes with a $20 million new cash infusion from Amazon’s Alexa Fund and the massive insurance company Munich [
] Read more â€ș

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TechCrunch
Catherine Shu @ TechCrunch · 01/26/2021 07:30 EDT

CrediBook gets $1.5 million to help Indonesian retail wholesalers digitize their finances

CrediBook, a startup that helps Indonesian retail wholesalers digitize the financial side of their operations, has raised $1.5 million in pre-Series A funding led by Wavemaker Partners, with participation from Alpha JWC Ventures and Insignia Ventures Partners. The capital will be used for product launches and expansion into more Indonesian cities. Founded in February 2020, [
] Read more â€ș

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TechCrunch
Anthony Ha @ TechCrunch · 01/26/2021 07:00 EDT

Twitter acquires newsletter platform Revue

Twitter is getting into the newsletter business. The social media company is announcing that it has acquired Revue, a Dutch startup that allows users to publish and monetize email newsletters. While Revue hasn’t driven the same wave of “is this the future of media?” think pieces as Substack, it counts major publishers like Vox Media [
] Read more â€ș

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TechCrunch
Natasha Lomas @ TechCrunch · 01/26/2021 05:26 EDT

Fleksy adds an art marketplace to spice up its keyboard app

Fleksy, an autocorrecting AI keyboard which competes with big-guns like Google’s Gboard and Microsoft’s Swiftkey, has a new way to catch users’ eyes: Art keyboards. It’s just launched FleksyArt: A marketplace for artists to sell digital works to its users so they can customize the look of their keyboards. Fleksy has had keyboard themes before. [
] Read more â€ș

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TechCrunch
Natasha Lomas @ TechCrunch · 01/26/2021 04:15 EDT

Grindr on the hook for €10M over GDPR consent violations

Grindr, a gay, bi, trans and queer hook-up app, is on the hook for a penalty of NOK100,000,000 (aka €10M or ~$12.1M) in Europe. Norway’s data protection agency has announced it’s notified the US-based company of its intention to issue the fine in relation to consent violations under the region’s General Data Protection Regulation (GDPR) [
] Read more â€ș

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TechCrunch
Steve O'Hear @ TechCrunch · 01/26/2021 04:00 EDT

Atomico promotes SaaS and enterprise-focussed investor Ben Blume to partner

Atomico, the European venture capital fund that typically invests at Series A and Series B, has made a number of internal promotions, including making SaaS and enterprise-focussed investor Ben Blume a partner at the firm. The step up from principal to partner comes after 8 years spent at Atomico, which Blume first joined in 2013 [
] Read more â€ș

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TechCrunch
Connie Loizos @ TechCrunch · 01/26/2021 00:44 EDT

A look at the soaring valuations of Rivian and Cruise with transportation VC Reilly Brennan

Reilly Brennan loves cars. The native Michigander happily did grunt work for an automotive magazine as an undergrad at the University of Michigan before landing a gig as a trackside communications manager at General Motors, spending a few years as an editor and a general manager with an automotive publisher called NextScreen, then becoming a [
] Read more â€ș

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TechCrunch
Mike Butcher @ TechCrunch · 01/26/2021 00:00 EDT

Berlin’s Remagine secures $24M to finance high-growth and impact-led startups

Remagine, a financing platform offering banking services to high-growth companies with an ‘impact’ twist, has raised €20 million ($24M) in a Seed funding round. The Berlin-based startup has been operating in stealth mode, but already has 20 clients under its former brand name ‘Get Conscious Growth’. Its backers include former Global Head of Google Payment [
] Read more â€ș

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TechCrunch
Rita Liao @ TechCrunch · 01/25/2021 23:18 EDT

SoftBank-backed travel platform Klook raises $200M amid COVID-19

Klook, the Hong Kong-based travel activities platform backed by SoftBank Vision Fund, announced the closure of $200 million in funding for its Series E round, lifting the startup’s total capital raised to date to $720 million. Aspex Management, an investment fund focused on Asia Pacific led the round, alongside existing backers Sequoia Capital China, Softbank [
] Read more â€ș

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TechCrunch
Manish Singh @ TechCrunch · 01/25/2021 23:10 EDT

Forget winning, can Amazon survive in India?

During a visit to India in 2014, Amazon chief executive Jeff Bezos made a splashy announcement: His firm was investing $2 billion in the South Asian nation, just a year after beginning operations in the country. Amazon’s announcement underscored how far India had come to open up to foreign firms. The nation, which had largely [
] Read more â€ș

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/25/2021 22:02 EDT

Blackberry and Baidu deepen autonomous, connected car partnership

Blackberry and Chinese search engine giant Baidu have agreed to expand a partnership that aims to give automakers the tools they need to launch next-generation connected and autonomous vehicles in China. Under the deal, Baidu’s high-definition maps will be integrated into Blackberry’s QNX Neutrino Real-Time Operating System. The embedded system will be mass produced in [
] Read more â€ș

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/25/2021 19:30 EDT

President Joe Biden commits to replacing entire federal fleet with electric vehicles

President Joe Biden said Monday the U.S. government would replace the entire federal fleet of cars, trucks and SUVs with electric vehicles manufactured in the United States, a commitment tied to a broader campaign promise to create 1 million new jobs in the American auto industry and supply chains. The commitment, if it bears out, [
] Read more â€ș

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/25/2021 19:04 EDT

Facebook News launches in the UK, its first market outside of the US for the curated news portal

As the United Kingdom prepares to sharpen its focus on how it regulates big tech companies, Facebook is taking a big step up in the role it plays in presenting media to the U.K. public, and into how it works with the country’s media industry. Today it is launching Facebook News in the U.K., Facebook’s [
] Read more â€ș

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TechCrunch
Devin Coldewey @ TechCrunch · 01/25/2021 18:53 EDT

Debunk, don’t ‘prebunk,’ and other psychology lessons for social media moderation

If social networks and other platforms are to get a handle on disinformation, it’s not enough to know what it is — you have to know how people react to it. Researchers at MIT and Cornell have some surprising but subtle findings that may affect how Twitter and Facebook should go about treating this problematic [
] Read more â€ș

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TechCrunch
Anthony Ha @ TechCrunch · 01/25/2021 18:14 EDT

Daily Crunch:  Twitter unveils Birdwatch

Twitter pilots a new tool to fight disinformation, Apple brings celebrity-guided walks to the Apple Watch and Clubhouses raises funding. This is your Daily Crunch for January 25, 2021. The big story: Twitter unveils Birdwatch Twitter launched a new product today that it says will offer “a community-based approach to misinformation.” With Birdwatch, users will [
] Read more â€ș

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TechCrunch
Brian Heater @ TechCrunch · 01/25/2021 17:59 EDT

Smart lock maker Latch teams with real estate firm to go public via SPAC

This week, Latch becomes the latest company to join the SPAC parade. Founded in 2014, the New York-based company came out of stealth two years later, launching a smart lock system. Though, like many companies primarily known for hardware solutions, Latch says it’s more, offering a connected security software platform for owners of apartment buildings. [
] Read more â€ș

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TechCrunch
Walter Thompson @ TechCrunch · 01/25/2021 15:49 EDT

Fintechs could see $100 billion of liquidity in 2021

We believe one of the most important trends to gain traction in the last three years to be point-of-sale financing, now referred to as Buy Now Pay Later (BNPL). Read more â€ș

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TechCrunch
Brian Heater @ TechCrunch · 01/25/2021 15:33 EDT

Walking with Dolly

A walk is, more often than not, a solitary experience. As far as the age of COVID-19 is concerned, that’s probably more bug than feature. It’s a way to escape the confines of a shutdown for a few glorious moments, to get some air and, for better or worse, reflect on the day that’s passed [
] Read more â€ș

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TechCrunch
Taylor Hatmaker @ TechCrunch · 01/25/2021 15:10 EDT

Facebook will give academic researchers access to 2020 election ad targeting data

Starting next month, Facebook will open up academic access to a dataset of 1.3 million political and social issue ads, including those that ran between August 3 and November 3, 2020 — Election Day in the U.S. Facebook’s Ad Library, launched in 2019, offers a searchable database of all ads running on Facebook and Instagram. [
] Read more â€ș

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