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Jonathan Shieber @ TechCrunch · 12/21/2020 19:04 EDT

Snoop Dogg’s Casa Verde Capital closes on $100 million as the cannabis industry bounces back

Casa Verde Capital, the investment fund co-founded by cannabis connoisseur Snoop Dogg (also known as Calvin Broadus), has closed on $100 million for its second investment fund, according to documents filed with the SEC. The fund, whose managing director, Karan Wadhera declined to comment for this article, has managed to raise more cash just as [
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TechCrunch
Zack Whittaker @ TechCrunch · 12/21/2020 18:23 EDT

Google, Cisco, and VMware join Microsoft to oppose NSO Group in WhatsApp spyware case

A coalition of companies have filed an amicus brief in support of a legal case brought by WhatsApp against Israeli intelligence firm NSO Group, accusing the company of using an undisclosed vulnerability in the messaging app to hack into at least 1,400 devices, some of which were owned by journalists and human rights activists. NSO develops [
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TechCrunch
Anthony Ha @ TechCrunch · 12/21/2020 18:12 EDT

Daily Crunch: Stimulus bill includes money for broadband and energy

We look at the tech implications of the new stimulus bill, Lockheed Martin makes a big rocket engine acquisition and Google Cloud expands. This is your Daily Crunch for December 21, 2020. The big story: Stimulus bill includes money for broadband and energy The $900 billion pandemic relief bill that lawmakers agreed on over the [
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TechCrunch
Kirsten Korosec @ TechCrunch · 12/21/2020 18:07 EDT

The ‘Apple car’ chatter is back with new reports pointing to a 2024 launch date

The demise of the Apple car, the technology giant’s not-so-secret secret project, was perhaps overstated. Apple’s so-called Project Titan, which last year reduced the team by some 200 employees, is not only alive, it has plans to produce an electric passenger vehicle with “breakthrough battery technology” and automated vehicle technology by 2024, according to a [
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TechCrunch
Alex Wilhelm @ TechCrunch · 12/21/2020 18:02 EDT

As 2020 ends, new unicorn formation continues to impress

Here in the final few working days of 2020, a surprising number of new unicorns have come to light. The mad scramble that investors are seeing in seed-stage startups appears to be reflected across the later stages as well. That deal-making is still alive is not a surprise, but the cadence at which the market [
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TechCrunch
Darrell Etherington @ TechCrunch · 12/21/2020 17:06 EDT

Peloton to acquire fitness equipment maker Precor in $420M bid to grow commercial business

Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever spent time in a hotel or standalone commercial gym, which is exactly why Peloton making this purchase makes a ton of sense at this particular time for [
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TechCrunch
Walter Thompson @ TechCrunch · 12/21/2020 16:06 EDT

After the FireEye and SolarWinds breaches, what’s your failsafe?

Breaches of this magnitude are going to happen. If they’re something your organization needs to be resilient against, then it’s best to be prepared for them. Read more â€ș

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TechCrunch
Darrell Etherington @ TechCrunch · 12/21/2020 15:59 EDT

Dedicated commercial human in-space operations are coming sooner than you may realize

If you’ve ever heard someone refer to the idea of ‘working in space,’ you’d be forgive for thinking they were describing a science fiction plot. But the number of humans actively working beyond Earth’s atmosphere – and living significant chunks of their lives there, too – is about to start growing at a potentially exponential [
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TechCrunch
Jonathan Shieber @ TechCrunch · 12/21/2020 15:49 EDT

New stimulus bill includes $35.2 billion for new energy initiatives

The new economic stimulus proposal that has been approved by Congress includes roughly $35.2 billion for energy initiatives, according to summary documents seen by TechCrunch. “This is probably the biggest energy bill we’ve seen in a decade,” said policy analyst Dr. Leah Stokes, an Assistant Professor at the Bren School of Environmental Science & Management [
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TechCrunch
Sarah Perez @ TechCrunch · 12/21/2020 15:38 EDT

Twitter expands API features for developers tracking the public conversation

Twitter is rolling out new features to its developer community with an update to its recently rebuilt Twitter API. One addition to the now expanded collection of API v2 endpoints will allow app developers to eventually better support Twitter’s newer conversation controls — the feature that allows users to specify who can reply to their [
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TechCrunch
Romain Dillet @ TechCrunch · 12/21/2020 13:47 EDT

Fintech startups are increasingly focusing on profitability

This year’s economic downturn has been a challenge for the current class of fintech startups: Some have grown nicely, while others have struggled, but the vast majority of them have changed their focus. Read more â€ș

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TechCrunch
Frederic Lardinois @ TechCrunch · 12/21/2020 12:11 EDT

Google expands its cloud with new regions in Chile, Germany and Saudi Arabia

It’s been a busy year of expansion for the large cloud providers, with AWS, Azure and Google aggressively expanding their data center presence around the world. To cap off the year, Google Cloud today announced a new set of cloud regions, which will go live in the coming months and years. These new regions, which [
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TechCrunch
Alex Wilhelm @ TechCrunch · 12/21/2020 12:06 EDT

Bolt adds $75M to its Series C, as the battle to rule online checkout continues

Bolt, a startup that offers online checkout technology to retailers, announced this morning that it has added $75 million to its Series C round, bringing the financing to a total of $125 million. WestCap and General Atlantic led the new tranche, which Bolt CEO Ryan Breslow told TechCrunch was raised at around twice its Series [
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TechCrunch
Kirsten Korosec @ TechCrunch · 12/21/2020 11:57 EDT

The Station: Zoox’s six-year ride, Aurora makes its Uber ATG employee picks and NHTSA takes a new position on AVs

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox.  Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to [
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TechCrunch
Ron Miller @ TechCrunch · 12/21/2020 11:28 EDT

IBM snags Nordcloud to add multi-cloud consulting expertise

IBM has been busy since it announced plans to spin out its legacy infrastructure management business in October, placing an all-in bet on the hybrid cloud. Today, it built on that bet by acquiring Helsinki-based multi-cloud consulting firm Nordcloud. The companies did not share the purchase price. Nordcloud fits neatly into this strategy with 500 [
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TechCrunch
Jonathan Shieber @ TechCrunch · 12/21/2020 11:23 EDT

The US wants startups to get a piece of the $16 billion spent on space tech

The U.S. government is one of the biggest spenders in the nascent space industry and the man who handles the money for the Air Force’s $16 billion checkbook wants startups to know that his door is open for them. In all, Will Roper, the Assistant Secretary of the Air Force for Acquisition, Technology and Logistics, [
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TechCrunch
Sarah Perez @ TechCrunch · 12/21/2020 11:20 EDT

TikTok launches its first personalized annual recap feature, ‘Year on TikTok’

Spotify users have Wrapped and Instagram users have their Top 9. And now TikTok users will have their own year-in-review feature, too. The company today announced the launch of its first personalized annual recap feature with the launch of “Year on TikTok,” a video highlight reel that showcases individual users’ own top TikTok moments. This [
] Read more â€ș

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