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Anthony Ha @ TechCrunch · 12/14/2020 10:11 EDT

iCIMS acquires video recruiting startup Altru for $60M

Enterprise recruiting company iCIMS is announcing that it has acquired Altru. iCIMS declined to comment on the terms of the deal, but a source with knowledge of the companies told us that the price is a combination of cash and stock, totaling around $60 million. Founded in 2000, iCIMS offers a “talent cloud” used by […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 12/14/2020 10:01 EDT

Facebook publicly launches its collaborative music video app, Collab

Collab, Facebook’s experimental app for making collaborative music videos, is today launching out of private beta testing with a public release on the App Store. The app is one of now many projects from Facebook’s internal R&D group, NPE Team, which tests out new ideas that could ultimately influence Facebook’s next steps in social media. […] Read more

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TechCrunch
Jordan Crook @ TechCrunch · 12/14/2020 10:00 EDT

Mombox is a curated kit of postnatal products that puts new moms first

Just last week, General Catalyst’s Peter Boyce explained how one of the most important things he looks for in a founder is a personal connection to the problem they’re solving. Kate Westervelt is one such founder. Westervelt founded Mombox, a curated kit of postnatal care products focused squarely on the mom rather than the child. […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 12/14/2020 09:45 EDT

Microsoft’s Outlook also faces intermittent outage, amid crash across multiple Google services

It’s not nearly on the same scale as Google’s outage earlier today, but it turns out that Microsoft’s Outlook email service has been having problems, too. Readers are reporting to us, and an update on Microsoft’s site status for its various Office services confirms, that some Outlook users may not be able to sign in […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 12/14/2020 09:00 EDT

It won’t replace the gym, but Fitness+ will help you break a sweat

I’m glistening. My heart rate is finally slowing a bit as I type this. The slightest hints of my asthma are subsiding. I’m not going to tell you I feel “good,” as relative as that term might be in a year when everything has gone to hell somehow both gradually and all at once over […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 12/14/2020 09:00 EDT

Amazon’s body-scanning Halo fitness band is now available to everyone in the US

Given all of the…feedback Amazon has received, it’s hard to believe the Halo wasn’t widely available until today. Announced in late-August, the product has been offered in “early access” to invited users. That changes today, however, as the product opens to everyone in the U.S. The band runs $100, a price that includes six months […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 12/14/2020 08:48 EDT

Virgin Galactic test flight fails to reach space after failsafe landing triggered

Virgin Galactic attempted a test flight of its SpaceShipTwo Unity spaceplane on Saturday, but the flight was cut short after the spacecraft detached from its carrier aircraft. A failsafe prevented Unity’s rocket engines from firing up, because the computer that monitors the rockets somehow lost their connection to the rocket engines themselves, Virgin Galactic revealed […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 12/14/2020 07:55 EDT

Vista acquires IT education platform Pluralsight for $3.5B

The hectic M&A cycle we have seen throughout 2020 continued this weekend when Vista Equity Partners announced it was acquiring  Pluralsight for $3.5 billion. That comes out to $20.26 per share. The company stock closed on Friday at $18.50 per share on a market cap of over $2.7 billion. With Pluralsight, Vista gets an online […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch 3 place · 12/14/2020 07:03 EDT

Gmail, YouTube, Google Docs and other services go down simultaneously in multiple countries

Not much more to update yet but we’re seeing and getting word from others that multiple Google services have gone down. Gmail, YouTube and Google Docs are all experiencing outages, with reports we’ve seen so far coming in from Europe, the US and India. Downtime site indicators are showing big spikes for the services dropping […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 12/14/2020 06:55 EDT

EA to acquire Codemasters for $1.2 billion

Everybody thought the deal was done — Take-Two was supposed to acquire Codemasters for nearly $1 billion. Take-Two even reached an agreement with the board of Codemasters. But Electronic Arts crashed the party at the last minute and offered even more money. EA now plans to buy Codemasters for $1.2 billion. Sky News originally reported […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 12/14/2020 06:40 EDT

EdTech boom continues as IntellectoKids raises $3M from Allrise Capital and others

The rush to capitalize on the shift to online learning, post-pandemic, continues. IntellectoKids, a developer of educational apps for children aged 3 to 7 years, has raised $3 million in a Series A financing led by US-based Allrise Capital and other investors, including Genesis Investments. The platform offers parents of preschool children ‘gamified’ educational content […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 12/14/2020 05:31 EDT

German Bionic raises $20M led by Samsung for exoskeleton tech to supercharge human labor

Exoskeleton technology has been one of the more interesting developments in the world of robotics: instead of building machines that replace humans altogether, build hardware that humans can wear to supercharge their abilities. Today, German Bionic, one of the startups designing exoskeletons specifically aimed at industrial and physical applications — it describes its Cray X […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 12/14/2020 04:00 EDT

Cledara, the SaaS purchase and management platform, raises $3.4M funding

Cledara, the SaaS purchase and management platform that helps bring greater viability and control over a company’s sprawling software subscriptions, has raised $3.4 million in additional funding. The round is led by Nauta Capital, with participation from existing investor Anthemis. It comes off the back of the startup growing revenues by 20x in 2020 — […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 12/14/2020 02:59 EDT

Nokia launches a laptop with India’s Flipkart

Nokia, the 155-year-old iconic firm that has manufactured a range of items from rubber to cables to phones and telecommunications equipment, is ready to expand to a new category. The Finnish firm on Monday launched the Nokia PureBook X14 laptop in collaboration with Walmart -owned Flipkart for the Indian market. The Nokia PureBook X14, which […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 12/14/2020 02:38 EDT

China fines Alibaba, Tencent’s e-book subsidiary over anti-trust violations

The Chinese government is moving to curb the power of some of China’s most influential internet companies. The country’s top market regulator announced Monday that it is fining Alibaba and China Literature, Tencent’s e-book spinoff, for failing to report their past acquisition deals for clearance. The cases involve Alibaba’s equity investments in major Chinese mall […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 12/14/2020 02:18 EDT

Appboxo gets $1.1 million seed to build a mini-app ecosystem for all developers

Pioneered by WeChat almost four years ago, mini-apps are now common in China and India, and gaining traction in other markets, too. Mini-apps, or lightweight apps designed for integration into host apps, allow smartphone users to access several services through one app, saving them data and storage space. They also give host apps more ways […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 12/14/2020 02:03 EDT

Ola to invest $327M to set up ‘the world’s largest scooter factory’ in Tamil Nadu

Ola said on Monday that it has signed a memorandum of understanding with the government of Tamil Nadu to set up what it claims would be the world’s largest scooter manufacturing facility in the South Indian state as the Indian ride-hailing firm begins a new push with electric vehicles. The SoftBank-backed Indian ride-hailing firm said […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 12/13/2020 23:05 EDT

Reddit acquires Dubsmash

Reddit announced that it has acquired short video platform Dubsmash. The deal’s terms were undisclosed. Dubsmash will retain its own platform and brand, and Reddit will integrate its video creation tools. Its co-founders, Suchit Dash, Jonas Drüppel and Tim Specht, will join Reddit. According to Crunchbase data, the app has raised $20.2 million from investors […] Read more

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TechCrunch
Megan Rose Dickey @ TechCrunch · 12/13/2020 10:52 EDT

An even bigger battle for gig worker rights is on the horizon

In the year ahead, we'll likely see lobbying efforts from both gig companies and gig worker organizations — as well as more lawsuits. Read more

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TechCrunch
Anthony Ha @ TechCrunch · 12/13/2020 09:00 EDT

Original Content podcast: David Fincher presents a compelling character study in ‘Mank’

“Mank” is a change of pace for director David Fincher — instead of exploring the world of startup backstabbing (“The Social Network”), political backstabbing (“House of Cards”) or actual stabbings (“Seven,” “Zodiac,” “Gone Girl,” “Mindhunter” etc.), Fincher takes us back to ’30s and ’40s Hollywood. Working from a script by Fincher’s late father Jack, the movie […] Read more

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