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Ron Miller @ TechCrunch · 01/15/2021 18:40 EDT

GitLab oversaw a $195 million secondary sale that values the company at $6 billion

GitLab has confirmed with TechCrunch that it oversaw a $195 million secondary sale that values the company at $6 billion. CNBC broke the story earlier today. The company’s impressive valuation comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an increase of $3.25 billion in […] Read more ›

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TechCrunch
Brian Heater @ TechCrunch · 01/15/2021 18:23 EDT

The pandemic was top of mind in the tech of CES 2021

Of course COVID-19 was bound to be an unavoidable topic during the first-ever all-virtual CES. After all, the topic is at front of mind regardless of the topic these days. Close to a year into the pandemic, presenters still understandably feel obligated to address the always-present elephant in the room. Sometimes it was as simple […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 01/15/2021 18:07 EDT

Daily Crunch: WhatsApp responds to privacy backlash

WhatsApp delays enforcement of a controversial privacy change, Apple may get rid of the Touch Bar in future MacBooks and Bumble files to go public. This is your Daily Crunch for January 15, 2021. The big story: WhatsApp responds to privacy backlash Earlier this month, WhatsApp sent users a notification asking them to consent to […] Read more ›

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TechCrunch
Lucas Matney @ TechCrunch · 01/15/2021 17:52 EDT

Twitter’s vision of decentralization could also be the far-right’s internet endgame

This week, Twitter CEO Jack Dorsey finally responded publicly to the company’s decision to ban President Trump from its platform, writing that Twitter had “faced an extraordinary and untenable circumstance” and that he did not “feel pride” about the decision. In the same thread, he took time to call out a nascent Twitter-sponsored initiative called […] Read more ›

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/15/2021 16:44 EDT

Marc Lore leaves Walmart a little over four years after selling Jet.com for $3B

Marc Lore, the executive vice president, president and CEO of U.S. e-commerce for Walmart, is stepping down a little over four years after selling his e-commerce company Jet.com to the country’s largest retailer for $3 billion. Lore’s tenure at the company was a mixed bag. Walmart instituted several new technology initiatives under Lore’s tenure, but […] Read more ›

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TechCrunch
Connie Loizos @ TechCrunch · 01/15/2021 16:06 EDT

Coinbase commits to a “better customer experience” following complaints

Coinbase has a problem. As interest in bitcoin has soared along with its price, the popular cryptocurrency exchange has found itself the target of a growing spate of angry customers who haven’t been able to access customer service. A quick look at Twitter tells the story. As ranted one upset user of the service just […] Read more ›

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TechCrunch
Walter Thompson @ TechCrunch · 01/15/2021 15:37 EDT

15 steps to fundraising a new VC or private equity fund

Based on my experience, taking the 15 steps below will help build the core of a high-performing fundraising and investor relations function. Read more ›

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 01/15/2021 15:36 EDT

Lessons from Top Hat’s acquisition spree

Top Hat, a startup that digitizes textbooks and turns them into an interactive experience for college students, announced on Wednesday that it has acquired yet another business: Fountainhead Press. The acquisition marks Top Hat’s third scoop of a publishing company in the past 12 months. Top Hat’s whole business proposition is a subtweet to Zoom […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 01/15/2021 15:00 EDT

Group Nine’s SPAC goes public

Group Nine Media revealed last month that it was forming a SPAC (short for special purpose acquisition corporation) in order to raise money for acquitions. The company has now moved forward with those plans, announcing last night that it had priced the SPAC’s IPO $10 at per unit, to raise a total of $200 million. […] Read more ›

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TechCrunch
Greg Kumparak @ TechCrunch · 01/15/2021 14:53 EDT

Apple is extending Apple TV+ trials again

If you’ve got an Apple TV+ trial that’s set to expire sometime between now and June, good news: you’re getting some free bonus time. Apple TV+ first launched in November of 2019, alongside a one-year free trial for anyone buying a new iPhone, iPad, iPod touch, Apple TV, or Mac. As those initial trials approached […] Read more ›

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TechCrunch
Brian Heater @ TechCrunch · 01/15/2021 14:49 EDT

Desktop Metal buys fellow 3D printing company EnvisionTEC for $300M

Desktop Metal this morning announced its intention to purchase fellow 3D printing company EnvisionTEC. Founded in Germany in 2002, EnvisionTEC specializes in photopolymer additive manufacturing, putting its technology in more direct competition with the likes of 3D printing darling Carbon than Desktop Metal’s own existing portfolio. The deal follows Desktop Metal’s push to go public […] Read more ›

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TechCrunch
Manish Singh @ TechCrunch · 01/15/2021 14:30 EDT

WhatsApp delays new data-sharing policy enforcement to May 15

WhatsApp said on Friday that it won’t enforce its new data-sharing policy to users until May 15, weeks after news about the new terms created confusion among its users, exposed the Facebook-app to a potential lawsuit, launched a nationwide investigation, and led of its loyal fans to explore alternative messaging apps. “We’re now moving back […] Read more ›

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TechCrunch
Ron Miller @ TechCrunch · 01/15/2021 14:12 EDT

Twilio CEO Jeff Lawson says wisdom lies with your developers

Twilio CEO Jeff Lawson knows a thing or two about unleashing developers. His company has garnered a market cap of almost $60 billion by creating a set of tools to make it easy for programmers to insert a whole host of communications functionality into an application with a couple of lines of code. Given that […] Read more ›

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TechCrunch
Megan Rose Dickey @ TechCrunch · 01/15/2021 13:50 EDT

Tracy Chou launches Block Party to combat online harassment and abuse

Block Party, an anti-harassment startup that aims to help folks feel safer on social media founded by Tracy Chou, launched today. Currently only available for Twitter, Block Party helps people filter out the content they don’t want to see and into what Block Party calls the Lockout Folder. That’s where all of the filtered-out content […] Read more ›

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TechCrunch
Megan Rose Dickey @ TechCrunch · 01/15/2021 13:11 EDT

Fired GitHub employee who warned coworkers about Nazis is seeking legal counsel

On the day a violent mob of Trump supporters stormed the U.S. Capitol, a worried GitHub employee warned his co-workers in the D.C. area to be safe. After making a comment in Slack saying, “stay safe homies, Nazis are about,” a fellow employee took offense, saying that type of rhetoric wasn’t good for work, the […] Read more ›

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TechCrunch
Danny Crichton @ TechCrunch · 01/15/2021 13:03 EDT

DOT evaluated 11 GPS replacements and found only one that worked across use cases

The United States’ GPS system, which is operated by the Defense Department, offers every one of us critical infrastructure around what is known as positioning, navigation and timing (PNT). Positioning and navigation is obvious every time we open up a maps app, but timing is also a critical function of GPS — offering our smartphones […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/15/2021 12:26 EDT

Bumble files to go public

The dating and networking service Bumble has filed to go public. The company, launched by a former co-founder of the IAC-owned Tinder, plans to list its share on the Nasdaq stock exchange, using the ticker symbol “BMBL.” Bumble’s planned IPO was first reported in December. Whitney Wolfe Herd doesn’t care what she’s supposed to do Bumble […] Read more ›

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TechCrunch
Romain Dillet @ TechCrunch · 01/15/2021 12:21 EDT

Corporate credit card platform Moss raises $25.5 million

German startup Moss has raised a $25.5 million (€21 million) funding round led by Valar Ventures. Existing investors Cherry Ventures and Global Founders Capital are also participating. Moss provides credit cards and a spending platform to small and medium businesses in Germany. The company has developed its own risk engine to come up with a […] Read more ›

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TechCrunch
Natasha Lomas @ TechCrunch · 01/15/2021 11:43 EDT

EMA warns over doctored COVID-19 vaccine data hacked and leaked online

The European Medical Agency (EMA) has warned that information on COVID-19-related medicines and vaccines, which was stolen in a cyber attack last December and leaked online earlier this week, includes correspondence that’s been manipulated prior to publication “in a way which could undermine trust in vaccines”. It’s not clear exactly how the information — which […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/15/2021 11:39 EDT

Uber planning to spin out Postmates’ delivery robot arm

Another Uber spinout is in the works. Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, is seeking investors in its bid to become a separate company, according to several people familiar with the plans. The startup is being referred to as Serve Robotics, a nod […] Read more ›

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