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Connie Loizos @ TechCrunch · 01/19/2021 20:51 EDT

Wattpad, the storytelling platform, is selling to South Korea’s Naver for $600 million

Wattpad, the 14-year-old, Toronto-based, venture-backed storytelling platform with reach into a number of verticals, is being acquired by Naver, the South Korean conglomerate, in a $600 million cash-and-stock deal. Naver plans to incorporate at least part of the business into another of its holdings, the 16-year-old publishing portal Webtoon, which Naver launched in 2004, brought […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 01/19/2021 19:54 EDT

Reflections on the first all-virtual CES

I’ve spent more time than I care to mention over the last several years wondering aloud about the value of in-person trade shows. There’s something seemingly antiquated in the idea of jamming a bunch of people in a room, walking from booth to booth. Sure, they’ve fulfilled an important need in the past, but aren’t […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 01/19/2021 18:47 EDT

Brave web browser adds native support for peer-to-peer IPFS protocol

The decentralized tech community is aiming to find support for technologies that go beyond cryptocurrency support. In a blog post, today the team at Brave announced that they have worked with Protocol Labs to integrate native support for the InterPlanetary File System (IPFS) inside their browser. The peer-to-peer file sharing standard launched in 2015 and […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/19/2021 18:20 EDT

Elon Musk said it was ‘Not a Flamethrower.’

After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. “It’s not a weapon of war,” his lawyer told the investigating magistrate. “It’s a toy they sell to children.” Craddock had been arrested in the Sardinian port city of Olbia in June 2018 […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/19/2021 18:12 EDT

Daily Crunch: Microsoft backs Cruise

Autonomous vehicle company Cruise raises a $2 billion new round, Netflix keeps growing and WhatsApp faces more privacy concerns. This is your Daily Crunch for January 19, 2021. The big story: Microsoft backs Cruise Cruise announced today that it has raised $2 billion in new funding at a $30 billion valuation, with Microsoft joining as […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/19/2021 18:06 EDT

Podchaser raises $4m to build a comprehensive podcast database

Podchaser, a startup building what it calls “IMDB for podcasts,” recently announced that it has raised $4 million in a funding round led by Greycroft. In other words, it’s a site where — similar to the Amazon-owned Internet Movie Database — users can look up who’s appeared in which podcasts, rate and review those podcasts […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/19/2021 17:34 EDT

Adthena acquires Kantar’s paid search business

Adthena is expanding its partnership with market research company Kantar by acquiring Kantar’s paid search business. The two companies announced an agreement earlier this month, through which Adthena data will be integrated into Kantar’s ad intelligence product. Now, through this new acquisition, Adthena said Kantar search clients will get access to the Adthena product suite. […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 01/19/2021 17:33 EDT

Drone-focused construction startup TraceAir raises $3.5M

Bay Area-based construction startup TraceAir today announced a $3.5 million Series A. Led by London-based XTX Ventures, this round brings the company’s total funding up to $7 million. The raise includes existing investor Metropolis VC, along with new additions Liquid 2 Ventures, GEM Capital, GPS Ventures and Andrew Filev. We first noted the company back […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 01/19/2021 17:29 EDT

Facebook and Instagram’s AI-generated image captions now offer far more details

Every picture posted to Facebook and Instagram gets a caption generated by an image analysis AI, and that AI just got a lot smarter. The improved system should be a treat for visually impaired users, and may help you find your photos faster in the future. Alt text is a field in an image’s metadata […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 01/19/2021 17:13 EDT

Netflix’s ‘Shuffle Play’ feature will roll out to all users worldwide this year

Netflix is always in search of a better way to instantly connect users to something to watch, instead of having them waste time unsuccessfully scrolling through all the available programming options. Now, the company says a recent test focused on solving this problem, Shuffle Play, has proven popular enough to roll out to all users […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/19/2021 16:59 EDT

A first look at Qualtrics’ IPO pricing

The Qualtrics debut is going to be huge, and that matters. Can the bankers get its IPO price closer to what retail investors are willing to pay? Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/19/2021 16:45 EDT

Netflix shares soar as it passes 200M paying subscribers

Netflix capped off a year of rapid streaming growth by adding 8.5 million net new paying subscribers during the fourth quarter. That means the streaming giant now has a total of 204 million paying subscribers worldwide — net growth of 37 million new subscribers for the full year, up from 28 million net additions in […] Read more

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TechCrunch
Jessica Brunner @ TechCrunch · 01/19/2021 15:15 EDT

How and when to build marketing teams at deep tech companies

When should deep-tech companies hire marketers, and do these hires need industry experience? Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/19/2021 15:02 EDT

Bolt Mobility launching into 48 new markets after snapping up Last Mile’s assets

Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings. Bolt Mobility’s rise and Last Mile’s demise captures the uncertainty that plagued micromobility companies in the past year as the COVID-19 pandemic upended business models that were, in […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/19/2021 14:49 EDT

SpaceX bought two oil rigs to convert into offshore launch pads for Starship

SpaceX’s next spacecraft is in development in Texas, and CEO Elon Musk previously revealed that the company was planning to build floating spaceports for Starship  operations, after a job ad was posted looking for someone to oversee their development. Now, SpaceX has purchased two oil rigs to convert for this purpose, as first reported by […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 01/19/2021 14:20 EDT

Uppbeat launches a freemium music platform aimed at YouTubers

A new music platform, Uppbeat, aims to make it easier for YouTubers and other content creators to find quality free music to use in their videos. The system, which is designed to navigate the complexities of copyright claims while also fairly compensating artists, offers an alternative to existing free music platforms, including YouTube’s own Audio […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/19/2021 14:13 EDT

Ad-supported EV charging network developer Volta raises $125 million

Volta, the developer of a network of electric vehicle charging stations that monetize using advertising, has raised $125 million in new funding in a process managed by Goldman Sachs. Volta builds and operates a network of electric vehicle charging stations that are sited in parking lots around grocery stores, pharmacy chains, banks and hospitals. The […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 01/19/2021 13:42 EDT

Europe is working on a common framework for ‘vaccine passports’

The European Union is preparing the ground for vaccine passports. A common approach for mutual recognition of vaccination documentation is of the “utmost importance”, the Commission said today, adding that it wants “an appropriate trust framework” to be agreed upon by the end of January — “to allow Member States’ certificates to be rapidly useable […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 01/19/2021 13:01 EDT

6 investors on 2021’s mobile gaming trends and opportunities

I asked a group of VCs about their approach to mobile content investing and whether new platforms were changing perspectives about mobile-first and desktop-first experiences. Read more

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TechCrunch
Sarah Perez @ TechCrunch · 01/19/2021 11:41 EDT

Apple’s new editorial franchise, Apple Podcasts Spotlight, to highlight interesting creators

Apple today announced a new editorial franchise called Apple Podcasts Spotlight, which aims to highlight rising podcast creators in the U.S. The editorial team at Apple will select new podcast creators to feature every month and then give them prominent screen real estate in the Apple Podcasts app and promote them across social media and […] Read more

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