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Natasha Lomas @ TechCrunch · 11/30/2020 04:47 EDT

UK shrinks timetable for telcos to stop installing 5G kit from Huawei

The UK government has squeezed the timetable for domestic telcos to stop installing 5G kit from Chinese suppliers, per the BBC, which reports that the deadline for installation of kit from so-called ‘high risk’ vendors is now September. It had already announced a ban on telcos buying kit from Huawei et al by the end […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/30/2020 03:24 EDT

HungryPanda raises $70M for a food delivery app aimed at overseas Chinese consumers

Food delivery apps have been a big deal this year for consumers stuck at home and unable (or unwilling) to go to restaurants or grocery stores; and for investors who are eyeing the opportunity to back rising stars to help them grow. Today came the latest development in that story: HungryPanda, which makes a Mandarin-language […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/30/2020 02:59 EDT

Gartner: Q3 smartphone sales down 5.7% to 366M, slicing Covid-19 declines in Q1, Q2

We are now into the all-important holiday sales period, and new numbers from Gartner point to some recovery underway for the smartphone market as vendors roll out a raft of new 5G handsets. Q3 smartphone figures from the analysts published today showed that smartphone unit sales were 366 million units, a decline of 5.7% globally […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 11/30/2020 01:21 EDT

The Trump administration will add SMIC, China’s largest chipmaker, to its defense blacklist: report

SMIC, one of largest chip makers in the world, is among several companies that the Department of Defense plans to designate as being owned or controlled by the Chinese military, reports Reuters. Earlier this month, President Donald Trump signed an executive order, set to go into effect on January 11, that would bar U.S. investors […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 11/29/2020 18:40 EDT

Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series A

Primer, the U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding. The round was led by Accel, who I understand were quite proactive in persuading Primer to take the VC firm’s money. The young company wasn’t […] Read more

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TechCrunch
Steve Gillmor @ TechCrunch · 11/29/2020 18:15 EDT

Gillmor Gang: Electrical Banana

Thanks I’m giving for the start of the first big online season. Yes, the pandemic has put in place a gigantic move to the digital for our immediate and accelerated future. We all know how this plays out in the required state of things pre-vaccine. But there’s an undercurrent not so hidden there of a […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 11/29/2020 18:10 EDT

Firstminute Capital launches second $111 fund, featuring a whos-who of founders as LPs

London HQ’d Firstminute Capital has announced its second early-stage venture fund of $111m (£87m). Founded and cornerstoned in 2016 by Brent Hoberman CBE (best known as co-founder of lastminute.com and MADE.com), together with Spencer Crawley (formerly of Goldman Sachs), this new fund comes after the first fund of $100M, giving Firstminute $211M assets under management, […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 11/29/2020 09:00 EDT

This Week in Apps: Snapchat clones TikTok, India bans 43 Chinese apps, more data on App Store commission changes

Welcome back to This Week in Apps, the TechCrunch series that recaps the latest in mobile OS news, mobile applications, and the overall app economy. The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People now spend three hours and 40 minutes per day using apps, […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 11/29/2020 09:00 EDT

The Supreme Court will hear its first big CFAA case

The Supreme Court will hear arguments on Monday in a case that could lead to sweeping changes to America’s controversial computer hacking laws — and affecting how millions use their computers and access online services. The Computer Fraud and Abuse Act was signed into federal law in 1986 and predates the modern internet as we […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 11/28/2020 16:00 EDT

What to make of Stripe’s possible $100B valuation

This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. You can sign up for the email here. Welcome to a special Thanksgiving edition of The Exchange. Today we will be brief. But not silent, as there is much to talk about. Up top, The Exchange noodled […] Read more

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TechCrunch
Jordan Crook @ TechCrunch · 11/28/2020 10:00 EDT

How Ryan Reynolds and Mint Mobile worked without becoming the joke

In the past decade, celebrity interest and investment in tech companies has significantly increased. But not all celebrity investments are created equally. Some investors, like Ashton Kutcher, have prioritized the VC pursuits. Some have invested casually without getting overly involved. Others have used their considerable platforms to market their portfolio to varying degrees of success. […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 11/28/2020 09:00 EDT

Original Content podcast: Just don’t watch Netflix’s ‘Holidate’ with your parents

You might think that a new Netflix film called “Holidate” offers holiday-themed romance that’s perfect for a family watch party. You’d be wrong. The film stars Emma Roberts and Luke Bracey as a pair of strangers who agree (in classic romantic comedy style) to keep each other company on holidays. And while the movie can’t […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/28/2020 07:12 EDT

Black Friday on track for $8.9B+ in online sales as shoppers stay away from brick-and-mortar stores

Black Friday — the day that launched 1,000 other shopping holidays — may have lost its place as the “start” of the Christmas shopping season by now (it gets bigger and earlier with each passing year). But the day after Thanksgiving still pulls in a crowd of buyers looking for a bargain and remains a major […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/28/2020 03:34 EDT

Tony Hsieh, iconic Las Vegas tech entrepreneur, dies aged 46

Tony Hsieh, the former head of Zappos who catapulted the shoe company into the big leagues with a sale to Amazon and then used the proceeds of his success in a huge project kickstarting regeneration of a run-down part of Las Vegas, Nevada, with tech and wider business investments, has died aged 46. The cause […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 11/27/2020 12:01 EDT

Facebook’s Libra could launch in January

According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions once again. When it was first unveiled, the Libra cryptocurrency was supposed to be a brand new currency tied to a basket of fiat currencies […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 11/27/2020 11:23 EDT

India sets rules for commissions, surge pricing for Uber and Ola

Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday, a new setback for the SoftBank-backed firms already struggling to improve their finances in the key overseas market. The guidelines, which for the first time bring modern-age […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 11/27/2020 11:00 EDT

There’s no ‘hacker house’ geared toward undergraduate women, so they created one of their own

Hacker houses are making a comeback for entrepreneurs as remote work drags on. While founders are adapting to quarantine in style, a group of college women in their 20s aren’t waiting until they are done with undergraduate to plunge into the lifestyle themselves. Started by college juniors Coco Sack and Kendall Titus, Womxn Ignite is […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 11/27/2020 09:17 EDT

No Google-Fitbit merger without human rights remedies, says Amnesty to EU

Human rights NGO, Amnesty International, has written to the EU’s competition regulator calling for Google’s acquisition of wearable maker Fitbit to be blocked — unless meaningful safeguards can be baked in. The tech giant announced its intent to splash $2.1BN to acquire Fitbit a year ago but has yet to gain regulatory approval for the […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 11/27/2020 09:16 EDT

Is Slack overpriced now that the market knows Salesforce might buy it?

The Exchange is technically off today, but we’re here anyway because there’s neat stuff in the world of startups and money to talk about. So, let’s yammer this morning about Slack’s new valuation and what the market is telling us about what the venerable SaaS company is really worth. The Exchange explores startups, markets and […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 11/27/2020 06:17 EDT

Wall Street needs to relax, as startups show remote work is here to stay

We are hearing that a COVID-19 vaccine could be on the way sooner than later, and that means we could be returning to normal life some time in 2021. That’s the good news. The perplexing news, however, is that each time some positive news emerges about a vaccine — and believe me I’m not complaining […] Read more

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