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Natasha Mascarenhas @ TechCrunch · 12/08/2020 18:20 EDT

DoorDash said to price to at $102 per share, doubling its final private price

According to media reports, food-delivery giant DoorDash priced its IPO at $102 per share, ahead of its final IPO pricing range of $90 to $95 per share. The company’s debut has been warmly anticipated by public investors, as evinced by the company raising its range from an initial target of $75 to $85. While we’re […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 12/08/2020 17:59 EDT

Senate confirms Nathan Simington as FCC Commissioner, potentially setting up years of stonewalling

The Senate today confirmed the appointment of Nathan Simington to the FCC, which with the imminent departure of Chairman Ajit Pai sets up the agency for years of deadlock unless Democrats take the Senate. The last-minute appointment breaks with political norms, and the vote was entirely on party lines after Democrats objected to the nomination. […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 12/08/2020 17:15 EDT

Uber sells air taxi business Elevate to Joby Aviation, shedding its last moonshot

Uber has offloaded its air taxi enterprise Elevate to Joby Aviation, the last of several moonshots to be sold by the ride-hailing company in a pursuit to stick to its core business and reach profitability. The transaction announced Tuesday is part of a complex deal that includes Uber investing $75 million into Joby and an […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 12/08/2020 17:05 EDT

Cybersecurity firm FireEye says it was hacked by a nation-state

FireEye, normally the first company that cyberattack victims will call, has now admitted it too has fallen victim to hackers, which the company called a “sophisticated threat actor” that was likely backed by a nation-state. In a blog post confirming the breach, the company’s chief executive Kevin Mandia said the nation-backed hackers have “top-tier offensive […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 12/08/2020 16:23 EDT

Elon Musk has made the move to Texas

SpaceX and Tesla CEO Elon Musk said Tuesday that he has moved to Texas, confirming months of speculation that the billionaire would leave California, a state that he has become increasingly critical of. Musk confirmed the move during an interview at the The Wall Street Journal’s CEO Council annual summit. The move coincides with a […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 12/08/2020 15:54 EDT

AWS expands on SageMaker capabilities with end-to-end features for machine learning

Nearly three years after it was first launched, Amazon Web Services’ SageMaker platform has gotten a significant upgrade in the form of new features making it easier for developers to automate and scale each step of the process to build new automation and machine learning capabilities, the company said. As machine learning moves into the […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 12/08/2020 15:47 EDT

Rivian is building its own EV charging network, but with an adventurous twist

Drivers cruising along an off-the-beaten track might stumble upon an unusual sight in the coming months: a Rivian electric charging station. The electric automaker has designed and is now starting to build out a network of electric vehicle charging stations throughout the United States as it prepares for the first deliveries of its R1T pickup […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 12/08/2020 15:32 EDT

Cyberpunk 2077 draws criticism for seizure-inducing sequence with no warning or mitigation

One of the biggest games of the year, “Cyberpunk 2077,” is about to be released, but developer CD Projekt Red is already under fire for an early game sequence with the potential to induce seizures. Players with epilepsy should be warned that there is currently no way to skip this, and the visual feature will […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 12/08/2020 15:07 EDT

Indiegogo founder launches alternative investments discovery platform Vincent

As more and more alternative investment marketplaces pop up around specific verticals like art or collectibles, Indiegogo founder Slava Rubin is launching a Kayak-like platform called Vincent which helps curious investors get a handle on what the entire asset class has to offer. Rubin and co-founders Evan Cohen and Ross Cohen have raised $2 million […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 12/08/2020 14:55 EDT

Sunshine Contacts may have given out your home address, even if you’re not using the app

A third-party contacts app you’re not using may be handing out your home address to its users. In November, former Yahoo CEO and Google veteran Marissa Mayer and co-founder Enrique Muñoz Torres introduced their newly rebranded startup Sunshine, and its first product, Sunshine Contacts. The new iOS app offers to organize your address book by […] Read more

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TechCrunch
Taylor Hatmaker @ TechCrunch · 12/08/2020 14:36 EDT

Palantir will soon help the FDA evaluate drugs, including COVID-19 treatments

Palantir’s push into federal health work continues. The data analytics company just picked up a new U.S. Food and Drug Administration contract which will span three years for a total of $44.4 million. The company’s shares, which have doubled in value over the last two months, are up around 20 percent on the news. As […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 12/08/2020 14:26 EDT

Germany’s Isar Aerospace raises $91M to get its satellite launch vehicle off the ground

The aerospace industry has seen an explosion of activity from the world of startups, where bright engineers are foregoing jobs at large corporations and opting instead to raise funding from increasingly ambitious venture capitalists to build their own startups to turn moonshots into business realities. In the latest development, a startup out of Munich has […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 12/08/2020 14:16 EDT

Macron promotes European tech ecosystem in an interview with Zennström

French President Emmanuel Macron sat down with Niklas Zennström for an interview on the European tech ecosystem. Macron listed everything that’s needed to create European tech giants that compete with the biggest American and Chinese tech companies. According to him, Europe needs to focus on “financing, integration of our markets and an actual single market, […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 12/08/2020 14:02 EDT

Despite the pandemic, small business optimism persists

This year has taken a toll on so many small businesses, yet the data shows the entrepreneurial spirit remains strong with a drive to push onward, improve and succeed. Read more

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TechCrunch
Ron Miller @ TechCrunch · 12/08/2020 13:00 EDT

Former Salesforce chief scientist announces new search engine to take on Google

Richard Socher, former chief scientist at Salesforce, who helped build the Einstein artificial intelligence platform, is taking on a new challenge — and it’s a doozy. Socher wants to fix consumer search and today he announced you.com, a new search engine to take on the mighty Google. “We are building you.com. You can already go […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 12/08/2020 12:30 EDT

GitHub gets a dark mode

It’s GitHub Universe week and unsurprisingly, the ubiquitous code management service is announcing a slew of updates. Companies can now become GitHub Sponsors and invest in open-source projects by paying developers directly, there is automatic merging of pull requests (if that’s your thing), discussions for all public repositories and the beta of dependency reviews. GitHub […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 12/08/2020 12:29 EDT

Hear the latest from Kayhan Space and Firehawk Aerospace at TC Sessions: Space

TC Sessions: Space is happening next week (December 16-17), and as well as talking to some of the biggest names in the industry, we’ll be highlighting a few of the most interesting startups as well. Kayhan Space aims to coordinate the increasingly crowded lower orbits, and Firehawk Aerospace has a new approach to rocketry that […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 12/08/2020 12:17 EDT

Christopher Nolan calls HBO Max the ‘worst streaming service’

So, how are filmmakers reacting to the news that Warner Bros. will be releasing all of next year’s movies on HBO Max at the same time that they’re released in theaters? Not too well, according to a story published yesterday in The Hollywood Reporter. While the story includes plenty of anonymous commentary (mostly from agents), […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 12/08/2020 12:00 EDT

Researchers say hardcoded passwords in GE medical imaging devices could put patient data at risk

Dozens of medical imaging devices built by General Electric are secured with hardcoded default passwords that can’t be easily changed, but could be exploited to access sensitive patient scans, according to new findings by security firm CyberMDX. The researchers said that an attacker would only need to be on the same network to exploit a […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 12/08/2020 12:00 EDT

Google opens its Fuchsia operating system to outside developers

For the longest time, Google’s new Fuchsia operating system remained a bit of a mystery — with little information in terms of the company’s plans for it, even as the team behind it brought the code to GitHub under a standard open-source license. These days, we know that it’s Google’s first attempt at developing a […] Read more

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