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Manish Singh @ TechCrunch · 01/12/2021 20:01 EDT

Signal’s Brian Acton talks about exploding growth, monetization and WhatsApp data-sharing outrage

Brian Acton is crossing paths again with Facebook. Over more than a decade of building and operating WhatsApp, the company’s co-founder first competed against and then sold his instant messaging app to the social juggernaut. Only a few years ago he parted ways with the company that made him a billionaire in a bitter split […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/12/2021 19:15 EDT

Lime removes all Trump-owned properties from its list of approved corporate hotels

Lime has changed its corporate travel policy to ensure not a dime of its money ends up in the coffers of the Trump Organization’s hotels and other properties in response to the January 6 insurrection at the U.S. Capitol that led to several deaths. The micromobility startup wants to take that action further and has […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 01/12/2021 18:14 EDT

Daily Crunch: Visa calls off Plaid acquisition

Regulatory action prompts Visa to back off a fintech acquisition, Uber and Moderna partner and Checkout.com is valued at $15 billion. This is your Daily Crunch for January 12, 2021. The big story: Visa calls off Plaid acquisition The deal, valued at $5.3 billion, was first announced just over a year ago. However, the Department […] Read more ›

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TechCrunch
Brian Heater @ TechCrunch · 01/12/2021 18:07 EDT

Companies rush to replace the gym at CES

The year of the first-ever all-virtual CES is, unsurprisingly, the year of the virtual gym. The past 12 months have seen most of our fitness routines completely transformed — speaking for myself, my Apple Watch step count shows two big empty spots where March and April are. Fitness startups have seen unexpected windfall in all […] Read more ›

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TechCrunch
Connie Loizos @ TechCrunch · 01/12/2021 17:34 EDT

A deep dive on Steve Jurvetson and Maryanna Saenko’s $200 million new fund

Future Ventures — cofounded by renowned VC Steve Jurvetson and Maryanna Saenko, a colleague of Jurvetson at his last firm, DFJ, as well as an investor previously with Airbus Ventures and Khosla Ventures — has closed its second fund with $200 million in capital commitments, say the pair. In a wide-ranging conversation yesterday afternoon, Jurvetson […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/12/2021 16:35 EDT

Visa will not acquire Plaid after running into regulatory wall

Visa and Plaid called off their agreement this afternoon, ending the consumer credit giant’s takeover of the data-focused fintech API startup. The deal, valued at $5.3 billion at the time of its announcement, first broke cover on January 13th, 2020, or nearly one year ago to the day. However, the American Department of Justice filed […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/12/2021 16:28 EDT

Sono Motors plans to license the tech that powers its solar electric car

Sono Motors wants to bring technology it developed for its solar electric car to the masses. And it’s starting with autonomous shuttle startup EasyMile. The German-based startup said Tuesday during a presentation at the virtual 2021 CES tech trade show that it will license its solar body panel technology to other companies. EasyMile, which provides […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/12/2021 16:05 EDT

Techstars names Maëlle Gavet CEO as the accelerator group looks to expand

This morning Techstars, a network of startup accelerators and a venture capital fund, announced that Maëlle Gavet is its new CEO. Former CEO and co-founder David Brown will stay on Techstars’ board, while the group’s other co-founder, David Cohen, will become the chairman of its board. TechCrunch spoke with Gavet this morning about her new […] Read more ›

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TechCrunch
Walter Thompson @ TechCrunch · 01/12/2021 15:54 EDT

Is there still room in the cloud-security market?

There are a number of eye-numbing market maps out there that seem to suggest that the security market is highly saturated. But when it comes to cloud security, is there room for more? Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 01/12/2021 15:53 EDT

‘Brandtech’ company You and Mr. Jones adds $60M to its Series B

You & Mr. Jones announced today that it has added $60 million in new funding from Merian Chrysalis, bringing the Series B round announced in December to a total of $260 million. The round values the company at $1.36 billion, post-money. You & Mr. Jones takes its name from CEO David Jones, who founded the […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 01/12/2021 15:15 EDT

Nielsen says ‘The Office’ was the most popular streaming series of 2020

Because streaming services only release viewership numbers selectively, and because each one uses its own methodology, it can be hard to compare the popularity of different streaming shows and movies. So Nielsen, which provides the standard ratings for traditional TV (and is working to combine those ratings with streaming data), is offering some apples-to-apples comparison […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 01/12/2021 15:00 EDT

Weber acquires smart cooking start-up June

Outdoor cooking industry leader and famed Kettle grill-maker Weber has acquired June, the smart cooking startup founded in 2013 by Matt Van Horn and Nikhil Bhogal. While financial terms of the deal weren’t disclosed, Weber has confirmed that June will continue to operate as its own branded wholly owned by Weber-Stephen Products, and will continue […] Read more ›

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TechCrunch
Lucas Matney @ TechCrunch · 01/12/2021 14:45 EDT

E-commerce infrastructure startup Nacelle closes $18M Series A

Consumer online shopping habits have led to a windfall of revenues for these web storefronts, but COVID-era trends have also breathed new life into the market for developer tools that help e-commerce sites operate more smoothly for shoppers. LA-based Nacelle is one of many e-commerce infrastructure startups to earn attention from investors amid COVID. The […] Read more ›

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/12/2021 14:13 EDT

Gett raises $115M more for its on-demand ride-hailing platform for business users

As ride-hailing companies like Uber and Lyft continue to find their feet in a new landscape for transportation services — where unessential travel is being actively discouraged in many markets, and people remain concerned about catching the coronavirus in restricted, shared spaces — a smaller player that has carved out a place for itself targeting […] Read more ›

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TechCrunch
Megan Rose Dickey @ TechCrunch · 01/12/2021 14:05 EDT

Gig workers, SEIU file lawsuit alleging Prop 22 is unconstitutional

A group of rideshare drivers in California and the Service Employees International Union filed a lawsuit today alleging Proposition 22 violates California’s constitution. The goal of the suit is to overturn Prop 22, which classifies gig workers as independent contractors in California. The suit, filed in California’s Supreme Court, argues Prop 22 makes it harder […] Read more ›

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/12/2021 13:16 EDT

Descript raises $30M to build the next generation of video and audio editing tools

The popularity of podcasting and online video shows no signs of slowing down, and so we continue to see a wave of creators publishing a profusion of audio and video content to fill out the airwaves. Today, a company building a platform to make that work easier and more interesting to execute is announcing a […] Read more ›

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TechCrunch
Frederic Lardinois @ TechCrunch · 01/12/2021 13:00 EDT

Vantage makes managing AWS easier

Vantage, a new service that makes managing AWS resources and their associated spend easier, is coming out of stealth today. The service offers its users an alternative to the complex AWS console with support for most of the standard AWS services, including EC2 instances, S3 buckets, VPCs, ECS and Fargate and Route 53 hosted zones. […] Read more ›

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TechCrunch
Jordan Crook @ TechCrunch · 01/12/2021 13:00 EDT

Eden office management platform rebrands to Eden Workplace

Eden, the office management platform that has raised nearly $70 million since inception, is today making a tweak to its nomenclature to reflect its push into SaaS tools. Henceforth, the startup will be called Eden Workplace. “We had a lot of clients in different categories like retail, some industrial and some classic real estate and […] Read more ›

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TechCrunch
Danny Crichton @ TechCrunch · 01/12/2021 12:30 EDT

Capchase nabs $60M in credit to help founders avoid dilution

No one likes dilution, and that’s why every founder is looking for alternatives to traditional equity investing by venture capitalists. Financial entrepreneurs have launched a number of products, from SaaS securitization to debt-based financing, to help founders avoid that dilution, particularly when they have recurring revenues clocked on the books. SaaS securitization will disrupt VC’s […] Read more ›

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