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Taylor Hatmaker @ TechCrunch · 12/01/2020 19:00 EDT

Massachusetts lawmakers vote to pass a statewide police ban on facial recognition

Massachusetts lawmakers have voted to pass a new police reform bill that will ban police departments and public agencies from using facial recognition technology across the state. The bill was passed by both the state’s House and Senate on Tuesday, a day after senior lawmakers announced an agreement that ended months of deadlock. The police […] Read more ›

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TechCrunch
Devin Coldewey @ TechCrunch · 12/01/2020 18:59 EDT

Virgin Galactic plans first rocket-powered test flight from New Mexico for next week

Virgin Galactic has revealed the flight window for the first rocket-powered flight of its VSS Unity spacecraft from the shiny new Spaceport America in New Mexico. The ship could be in the air as early as December 11. This flight will be the third for Unity out of the future passenger spaceport, but the last […] Read more ›

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 12/01/2020 18:37 EDT

Equity Shot: Salesforce’s $27.7 billion-dollar Slack message

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Welcome to an Equity Shot all about the huge, and hugely interesting Salesforce -Slack deal, in which the enterprise social company will be subsumed for the mere price of $27.7 billion. TechCrunch has notes on the deal here, […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 12/01/2020 18:07 EDT

Daily Crunch: Salesforce buys Slack for $27.7B

Salesforce announces its acquisition of Slack, Amazon brings the Mac mini to the cloud and Google Maps gets a newsfeed. This is your Daily Crunch for December 1, 2020. The big story: Salesforce buys Slack for $27.7B The acquisition, which was first reported last month, is now official. “This is a match made in heaven,” […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 12/01/2020 17:25 EDT

Lightspeed acquires restaurant software company Upserve for $430M

Lightspeed POS just announced the acquisition of Upserve, expanding Lightspeed’s presence in the restaurant industry. The company already offers cloud-based point-of-sale software for restaurants and other businesses. It went public in Canada last year before recently debuting on the New York Stock Exchange and acquiring another point-of-sale company, ShopKeep, for $440 million. The Upserve acquisition is […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 12/01/2020 17:15 EDT

Elon Musk would consider having Tesla acquire a legacy automaker

Elon Musk would consider leveraging Tesla’s mega $554 billion market cap to buy a legacy automaker, but only if it was on friendly terms, the billionaire entrepreneur said Tuesday in a wide-ranging interview with Axel Springer CEO Mathias Döpfner. Musk who received an award Tuesday from the media giant discussed his various interests and businesses, […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 12/01/2020 16:35 EDT

Scale AI hits $3.5B valuation as its turns the AI boom into a venture bonanza

Scale AI, the four-year-old data labeling startup, has discovered that selling the picks and shovels needed to develop and apply artificial intelligence is big business. The company, which created a visual data labeling platform that uses software and people to label image, text, voice and video data for companies building machine learning algorithms, has raised […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 12/01/2020 16:33 EDT

Salesforce beats growth expectations, as investors digest the Slack acquisition

Today after the bell, Salesforce reported its third-quarter earnings for its fiscal 2021, a period that ended October 31, 2020. The CRM giant reported top-line revenue of $5.42 billion, up 20% from the year-ago period. Salesforce also had net income of $1.08 billion and earnings per share of $1.15. Analysts had expected the company to […] Read more ›

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TechCrunch
Emma Comeau @ TechCrunch · 12/01/2020 16:14 EDT

Announcing TechCrunch’s 2021 Event Calendar

We know that you’re hard at work building the next great startup so we want to get our events on your radar early for next year. We’re excited to announce our 2021 fully virtual events line-up. Mark your calendars! TC Sessions: Justice March 3, 2021 Join us virtually while we explore inclusive hiring, access to […] Read more ›

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TechCrunch
Ron Miller @ TechCrunch · 12/01/2020 16:07 EDT

Salesforce buys Slack in a $27.7B megadeal

Salesforce, the CRM powerhouse that recently surpassed $20 billion in annual revenue, announced today it is wading deeper into enterprise social by acquiring Slack in a $27.7 billion megadeal. With Slack, the company has firm access to the burgeoning enterprise messaging space, and a tool that can cross each of Salesforce’s product categories — sales, […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 12/01/2020 16:00 EDT

Elon Musk says SpaceX will attempt uncrewed Mars flight in two years, human landing in four to six

SpaceX founder and CEO Elon Musk was given an award from media giant Axel Springer on Tuesday, and he sat down to provide a wide-ranging interview that covered topics including space, Tesla, AI and even underpopulation. Musk addressed SpaceX’s Mars ambitions first, providing current timelines he’s working towards for reaching the red planet with SpaceX’s […] Read more ›

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TechCrunch
Sarah Perez @ TechCrunch · 12/01/2020 15:55 EDT

Google Maps takes on Facebook with its own news feed

People are getting frustrated that Stories are everywhere now, but Google Maps is keeping it old school. Instead of adding tiny circles to the top of the app’s screen, Google Maps is introducing its own news feed. Technically, Google calls its new feature the “Community Feed,” as it includes posts from a local area. However, […] Read more ›

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TechCrunch
Walter Thompson @ TechCrunch · 12/01/2020 15:44 EDT

The hidden cost of being a founder

We need to dispense with the myths and hagiography around being a founder and all be more honest about what the reality of running a business actually entails. Read more ›

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TechCrunch
Connie Loizos @ TechCrunch · 12/01/2020 15:38 EDT

Obvious Ventures outlines the “world positive” impact of its startups and shares what’s next

Today, the early-stage, mission-focused, San Francisco-based venture firm Obvious Ventures released a very readable overview of how each of its portfolio companies is benefiting the world in its own way. Its report shines a light on the grocery deliver service Good Eggs, for example, sharing that roughly 70% of the products sold by the company […] Read more ›

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TechCrunch
Zack Whittaker @ TechCrunch · 12/01/2020 15:23 EDT

Ivanti has acquired security firms MobileIron and Pulse Secure

IT security software company Ivanti has acquired two security companies: enterprise mobile security firm MobileIron, and corporate virtual network provider Pulse Secure. In a statement on Tuesday, Ivanti said it bought MobileIron for $872 million in stock, with 91% of the shareholders voting in favor of the deal; and acquired Pulse Secure from its parent […] Read more ›

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TechCrunch
Walter Thompson @ TechCrunch · 12/01/2020 15:00 EDT

Bottom-up SaaS: A framework for mapping pricing to customer value

Competitive advantage will go to the players who understand what truly motivates their customers and connect their pricing to that engine. Read more ›

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TechCrunch
Jonathan Shieber @ TechCrunch · 12/01/2020 14:30 EDT

AWS announces Panorama a device adds machine learning technology to any camera

AWS has launched a new hardware device, the AWS Panorama Appliance, which, alongside the AWS Panorama SDK, will transform existing on-premises cameras into computer vision enabled super-powered surveillance devices. Pitching the hardware as a new way for customers to inspect parts on manufacturing lines, ensure that safety protocols are being followed, or analyze traffic in retail […] Read more ›

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TechCrunch
Ron Miller @ TechCrunch · 12/01/2020 14:19 EDT

Amazon announces a bunch of products aimed at industrial sector

One of the areas that is often left behind when it comes to cloud computing is the industrial sector. That’s because these facilities often have older equipment or proprietary systems that aren’t well suited to the cloud. Amazon wants to change that, and today the company announced a slew of new services at AWS re:Invent […] Read more ›

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TechCrunch
Frederic Lardinois @ TechCrunch · 12/01/2020 14:06 EDT

AWS updates its edge computing solutions with new hardware and Local Zones

AWS today closed out its first re:Invent keynote with a focus on edge computing. The company launched two smaller appliances for its Outpost service, which originally brought AWS as a managed service and appliance right into its customers’ existing data centers in the form of a large rack. Now, the company is launching these smaller […] Read more ›

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TechCrunch
Lucas Matney @ TechCrunch · 12/01/2020 14:00 EDT

Gift Guide: Camping and backpacking gear that the outdoors lover in your life really wants

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. Like plenty of others, I dug much deeper into the great outdoors and camping this summer amid social […] Read more ›

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