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Steve O'Hear @ TechCrunch · 12/11/2020 09:02 EDT

Gorillas, the on-demand grocery delivery startup taking Berlin by storm, has raised $44M Series A

Gorillas, a grocery delivery startup that operates its own hyper local fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Probably one of European tech’s worst kept secrets this year, the round is led by hedge fund Coatue, with participation from other unnamed European investors. Coatue’s […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 12/11/2020 08:46 EDT

Watch SpaceX launch a SiriusXM broadcasting satellite live during its 25th flight of 2020

SpaceX is already having a banner year, with major accomplishments including its first human spaceflight, and it’s aiming to pad its current record-breaking launch year with a 25th flight today. The launch will carry SiriusXM-7, a broadcasting satellite for satellite radio service SiriusXM, delivering it to a geostationary transfer orbit from Space Launch Complex-40 in […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 12/11/2020 08:45 EDT

Decrypted: Google finds a devastating iPhone security flaw, FireEye hack sends alarm bells ringing

In case you missed it: A ransomware attack saw patient data stolen from one of the largest U.S. fertility networks; the Supreme Court began hearing a case that may change how millions of Americans use computers and the internet; and lawmakers in Massachusetts have voted to ban police from using facial recognition across the state. […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 12/11/2020 08:37 EDT

Twitter app code indicates that live video broadcasting app Periscope may get shut down

Twitter has been doubling down on video services within its app, building out Twitter Live and recently launching Fleets so that users can share more moving media alongside their pithy 180-word observations, links and still photos. But in the process, it appears that it may also be streamlining its bigger stable of services. Code in […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 12/11/2020 06:34 EDT

Hyundai buys controlling interest in Boston Dynamics

It’s official. Boston Dynamics is becoming part of the Hyundai family (pending regulatory approval, naturally). The Waltham, Massachusetts-based robot maker confirmed that the South Korean technology company is acquiring controlling interest in a press release today. The deal, which values the company at $1.1 billion, gives Hyundai Motor Group an 80% stake, with SoftBank controlling […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 12/11/2020 03:59 EDT

Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers

Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 12/11/2020 03:01 EDT

Cosmos Video – a ‘Club Penguin for adults’ to socialise and work – raises $2.6M  from LocalGlobe

All over the world startups are piling into the space marked “virtual interaction and collaboration”. What if a startup created a sort of ‘Club Penguin for adults’? Step forward Cosmos Video, which has a virtual venues platform that allows people to work, hang out and socialize together. It has now raised $2.6m in seed funding […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 12/10/2020 18:19 EDT

Massachusetts governor won’t sign police reform bill with facial recognition ban

Massachusetts Governor Charlie Baker has returned a police reform bill back to the state legislature, asking lawmakers to strike out several provisions — including one for a statewide ban on police and public authorities using facial recognition technology, the first of its kind in the United States. The bill, which also banned police from using […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 12/10/2020 18:10 EDT

Daily Crunch: First impressions of the AirPods Max

We try out Apple’s new headphones, Spotify resets passwords and Airbnb goes public. This is your Daily Crunch for December 10, 2020. The big story: First impressions of the AirPods Max Our fearless leader Matthew Panzarino has written what he insists is “not a review” of the AirPods Max, (not a full review because he’s […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 12/10/2020 18:01 EDT

Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states

Swell Energy, an installer and manager of residential renewable energy, energy efficiency and storage technologies, is raising $450 million to finance the construction of four virtual power plants representing a massive amount of energy storage capacity paired with solar power generation. It’s a sign of the distributed nature of renewable energy development and a transition […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 12/10/2020 17:57 EDT

Early DoorDash investor dismisses “froth” talk, says company could grow 10x from here

[The stunning debut of the food delivery company DoorDash on the public market this week has plenty of people puzzled. While undeniably fast-growing, the unprofitable delivery company that has come under fire numerous times over its employment practices, and its IPO, like that of other gig-economy companies, leaves a lot of economic issues unresolved. So […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 12/10/2020 17:57 EDT

Disney+ has plans for 10 Marvel shows and 10 Star Wars shows in the next few years

Disney just wrapped up the first segment of an investor day in which it laid out its plans for its direct-to-consumer streaming business, including Disney+, Hulu, ESPN+ and Hotstar/Star. The company kicked off the presentation with some new subscriber numbers — 86.8 million for Disney+ (roughly 30% of those are subscribers to Disney+ Hotstar, which […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 12/10/2020 17:53 EDT

FDA panel recommends approving Pfizer’s COVID-19 vaccine emergency use authorization

An independent panel of experts has recommended Food and Drug Administration (FDA) has now voted to approve an official Emergency Use Authorization (EUA) for the Pfizer/BioNTech COVID-19 vaccine. This means that it’s one step closer to beginning to be administered to people in special circumstances – including for front-line healthcare workers dealing with healthcare facilities […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 12/10/2020 17:34 EDT

Disney will fuel international growth with Star brand and Star+ app

Disney+, the on-demand streaming service that launched a year ago and has already courted over 86 million subscribers, is ready to expand to more international markets. At its annual investor day Thursday, the American entertainment giant announced a new streaming brand called “Star” that will feature content from ABC, FX, and 20th Century Studios. In […] Read more

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TechCrunch
Taylor Hatmaker @ TechCrunch · 12/10/2020 17:25 EDT

Google will let you turn off YouTube ads for alcohol and gambling

If you’ve ever had a Father’s Day ad offering great deals for your dead dad sail into your inbox, you know that online advertising can be disturbing sometimes. Children’s gifts for people struggling to get pregnant, pet toys for your deceased doggo, the list goes on. Google is taking a small but helpful step to […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 12/10/2020 15:58 EDT

Customer support startup Gorgias raises $25M

Gorgias announced today that it has raised $25 million in Series B funding, bringing the startup’s pre-money valuation to $300 million. When the company raised its Series A just over a year ago, CEO Romain Lapeyre (who founded Gorgias with CTO Alex Plugaru) told me that it works with e-commerce businesses to automate responses to […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 12/10/2020 15:37 EDT

Gift Guide: 8 DIY and crafting gifts to help your friends make more stuff and learn new skills

Crafting and DIY tools are wonderful gifts right now. We're all stuck inside and, for many of us, the days are sort of blurring together. Why not help your friends and family learn to make stuff? And if they already know how to make stuff, why not help them make more stuff? Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 12/10/2020 15:02 EDT

Do the celebrities help the startups or do the startups help the celebrities?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. What a week, yeah? Instead of the news cycle slowing as the year races to a close, things are still as hot as ever. We have funding rounds big and small, IPOs, first-day extravaganza and […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 12/10/2020 14:33 EDT

Airbnb’s first-day pop caps off a stellar week for tech IPOs

After pricing above its raised range last night, Airbnb opened this morning at $146 per share, up around 115% to kick off its life as a public company. The company is now worth $158 per share. Using its IPO share count inclusive of shares reserved for underwriters, the company is worth $95.1 billion, but on […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 12/10/2020 13:59 EDT

COVID-19 made our tech addiction worse: It’s time to do something about it 

Governments are no more likely to help manage unhealthy tech consumption than consumption of sugar or illegal drugs. We need to take control. Read more

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