Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. This is good news for payment service operators, but the market is very fragmented, so adding payment options is a time-consuming process for many merchants. CHAI wants to fix this with an API that enables companies to accept over 20 […] Read more ›
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LabCorp has now become the first company to receive approval to sell its COVID-19 test kit over-the-counter without a prescription, according to a statement form the company. One of the largest diagnostics testing companies in the U.S., LabCorp could be a significant competitor to companies like EverlyWell, which received approvals for its at-home testing kits […] Read more ›
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The WSJ is reporting that Airbnb is expected to priced its IPO at either $67 or $68 per share. The American hospitality unicorn raised its IPO price target earlier this week, from $44 to $50 to $56 to $60. While we’re still waiting for official pricing, Airbnb is worth $41 billion at its IPO price, […] Read more ›
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Facebook faces big antitrust lawsuits, DoorDash and C3.ai go public and YouTube announces new election misinformation policies. This is your Daily Crunch for December 9, 2020. The big story: FTC and 48 state AGs sue Facebook The Federal Trade Commission filed an antitrust lawsuit against Facebook today, as did 48 attorneys general representing 46 states. […] Read more ›
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Arrival, the UK electric vehicle startup that plans to become a publicly traded company through a merger with special purpose acquisition company CIIG Merger Corp., has picked Charlotte for its North American headquarters. The company said it will add 150 new employees to support the headquarters and invest about $3 million in office space in […] Read more ›
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SpaceX is one step closer to replacing its Falcon line of active duty spacecraft: Its Starship prototype ‘SN8’ achieved a major milestone in the ongoing spacecraft’s development program, flying to a height of around 40,000 feet at SpaceX’s development facility in southern Texas. One of the Starship’s three Raptor engines cut off around 2 minutes […] Read more ›
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A new robot created by researchers at Northwestern University looks and behave like a tiny aquatic animal, and could serve a variety of functions including moving things place to place, catalyzing chemical reactions, delivering therapeutics and much more. This new soft robot honestly looks a heck of a lot like a lemon peel, but it’s […] Read more ›
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In light of artificial intelligence researcher Dr. Timnit Gebru’s exit from Google last week, Google CEO Sundar Pichai sent a memo to staffers, obtained by Axios, saying the company would investigate “the circumstances that led up to Dr. Gebru’s departure, examining where we could have improved and led a more respectful process.” Last week, Gebru […] Read more ›
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SpaceX’s Starship prototype is set to take it’s first high-altitude flight – to around 40,000 feet or so – sometime this afternoon. This is the second time that it’s been poised to make this giant leap, after a try yesterday was aborted in the final seconds due to one of the Raptor engines automatically shutting […] Read more ›
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The Federal Trade Commission today announced a new antitrust lawsuit against Facebook, alleging that the social network has used monopoly power “with the aim of suppressing, neutralizing, and deterring serious competitive threats,” and must be broken up. The suit is separate from, but was investigated in coordination with, one from 48 attorneys general also announced […] Read more ›
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Naturally, the economic model is important. Profitability is important. TAM is important. But right now, the markets are hot. Growth trumps all. Read more ›
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If you’re gazing longingly at new streaming services but can’t actually afford all of them, TiVo says it can help you choose. In recent years, the company has been trying to evolve beyond the DVR business by creating products that make it easier for consumers to navigate the increasingly fragmented TV landscape. Earlier this year, it […] Read more ›
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A collection of states filed a multi-state lawsuit Wednesday accusing Facebook of suppressing its competition through monopolistic business practices meant to preserve the company’s outsized power. Fourty eight attorneys general across 46 states, the territory of Guam and the District of Columbia are behind the lawsuit, with only South Dakota, South Carolina, Alabama and Georgia […] Read more ›
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Welcome to TechCrunch’s 2020 Holiday Gift Guide! Need help with gift ideas? We’re here to help! We’ll be rolling out gift guides from now through the end of December. You can find our other guides right here. We published the TechCrunch list of the best books of 2020 last week, which included such titles as […] Read more ›
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Following several reports of a toxic workplace and abuse this year, Twitch today announced the introduction of a new hateful content and harassment policy for its streamer community that will go into effect on Jan. 22, 2021. Under the updated guidelines, Twitch’s Safety team will change the way it evaluates potentially violating content. The company […] Read more ›
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Cruise Automation, the autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Honda and T. Rowe Price & Associates, has started testing what it describes as fully driverless vehicles on public roads in San Francisco, the first milestone required to secure a permit to launch a shared, commercial service that can […] Read more ›
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If my friend is a Dreamer in the U.S. who is undocumented but wants to found a startup, is it possible? Read more ›
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Better late than never. So it might be said of the Boston- and New York-based seed-stage firm Flybridge Capital Partners, which is today announcing that Anna Palmer has been promoted to general partner. She is the first woman to hold the title at the 19-year-old firm. It’s a nice distinction to have and Palmer sounds […] Read more ›
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As competition in the streaming service market heats up, services are looking for ways to differentiate their offerings. One area of increased interest — especially in light of fierce competition from newcomer Disney+ — is how to make their services more family-friendly. On this front, Netflix today announced the rollout of new features for families, […] Read more ›
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Last year all-in-one digital sales platform GetAccept raised a $7 million Series A funding. The platform, which wraps-in video, live chat, proposal design, document tracking and e-signatures, has now raised $20 million in Series B funding, led by Bessemer Venture Partners, as the company expands its platform aimed at SMBs. The funding comes as the […] Read more ›
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