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Mike Butcher @ TechCrunch · 11/19/2020 04:00 EDT

Greece’s Marathon Venture Capital completes first close for Fund II, reaching $47M

Marathon Venture Capital in Athens, Greece has completed the first closing of its second fund, reaching the €40m / $47M mark. Backing the new fund is the European Investment Fund, HDBI, as well as corporates, family offices and HNWIs around the world (plus many Greek founders). It plans to invest in Seed-stage startups from €1m […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 11/19/2020 03:00 EDT

Juni, the banking platform for e-commerce and online marketing companies, raises €2M seed

Juni, a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 million in seed funding. Leading the round is Berlin-based Cherry Ventures — the first deal, I believe, from newly recruited partner Sophia Bendz, who herself is based in Sweden. Various angel investors […] Read more

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TechCrunch
Jake Bright @ TechCrunch · 11/19/2020 00:00 EDT

African fintech startup Chipper Cash raises $30M backed by Jeff Bezos

African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company offers mobile-based, no fee, P2P […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 11/18/2020 19:48 EDT

Affirm files to go public

Affirm, a consumer finance business founded by PayPal mafia member Max Levchin, filed to go public this afternoon. The company’s financial results show that Affirm, which doles out personalized loans on an installment basis to consumers at the point of sale, has an enticing combination of rapidly expanding revenues and slimming losses. Growth and a […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 11/18/2020 18:10 EDT

Daily Crunch: Apple cuts App Store fees

Apple is making a big shift in App Store fees, Duolingo raises more funding and Pfizer releases updated vaccine results. This is your Daily Crunch for November 18, 2020. The big story: Apple cuts App Store fees Apple is cutting the 30% fee it normally charges for App Store transactions to 15% for some developers […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 11/18/2020 18:05 EDT

GM to leverage driver data as it jumps back into the insurance business

General Motors is launching an insurance service, returning to a business that it abandoned more than a decade ago, but this time more in step with the connected-car era. The service, called OnStar Insurance, will offer bundled auto, home and renters’ insurance, starting this year with GM employees in Arizona. GM’s new insurance agency, OnStar […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 11/18/2020 17:38 EDT

Mac-optimized TensorFlow flexes new M1 and GPU muscles

A new Mac-optimized fork of machine learning environment TensorFlow posts some major performance increases. Although a big part of that is that until now the GPU wasn’t used for training tasks (!), M1-based devices see even further gains, suggesting a spate of popular workflow optimizations like this one are incoming. Announced on both TensorFlow and […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/18/2020 17:05 EDT

‘A Charlie Brown Christmas’ will air on PBS, in spite of Apple TV+ rights exclusive

Call it a holiday miracle. Apple today announced that animated holiday classics “A Charlie Brown Thanksgiving” and “A Charlie Brown Christmas” will, indeed, be appearing on television this year. The news comes after some pushback against an Apple TV+ exclusive that found the Peanuts cartoons being pulled from TV broadcast. As we noted last month, […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/18/2020 14:53 EDT

This $99 gadget helps you make music, no skill required

At CES back in January, I met with a handful of founders who were/are crowdfunding musical instruments. It’s a fascinating category and one to watch if you have a passing interest in either music or technology. Like a vast majority of hardware startups, most companies in the space will build one product if they’re lucky […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 11/18/2020 14:37 EDT

Virtual HQs race to win over a remote-work-fatigued market

In retrospect, 2019 feels like the working world’s last dance with spontaneity. The pre-pandemic past is rife with conferences, running into co-workers and post-work happy hours. Now, as companies such as Microsoft and Twitter declare remote work as the future, the very existence of physical offices is unclear for the long-term. Yet, to a growing […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 11/18/2020 14:23 EDT

Apple embraces iOS 14 home screen customization by fixing how app shortcuts work

Apple is making a change to how app shortcuts work in the next release of the iOS 14 operating system. In iOS 14.3, beta 2, the Shortcuts app will now no longer open when you tap on an app shortcut on your iPhone’s home screen. That means users who have created custom icons for their […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 11/18/2020 14:22 EDT

Charge, please: Apple will pay $113M to settle 34-state ‘batterygate’ lawsuit

Apple has agreed to pay $113 million to 34 states and the District of Columbia to settle allegations that it broke consumer protection laws when it systematically downplayed widespread iPhone battery problems in 2016. This is in addition to the half billion the company already paid to consumers over the issue earlier this year and […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 11/18/2020 14:01 EDT

Interlocking AIs let robots pick and place faster than ever

One of the jobs for which robots are best suited is the tedious, repetitive “pick and place” task common in warehouses — but humans are still much better at it. UC Berkeley researchers are picking up the pace with a pair of machine learning models that work together to let a robot arm plan its […] Read more

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TechCrunch
Alexandra Ames @ TechCrunch · 11/18/2020 13:31 EDT

Just three days to save on passes to TC Sessions: Space 2020

It takes a bold vision and nerves of steel to venture into outer space. The same holds true for the pioneering startups forging the future of space technology. Connect with other bold visionaries at TC Sessions: Space 2020 to go farther and faster together. If you want to go further and faster for less, you […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 11/18/2020 13:23 EDT

Epic Games founder Tim Sweeney likens fight against Apple to fight for civil rights

Earlier today, Apple announced it will reduce the App Store commissions for smaller businesses so that developers earning less than $1 million per year pay a 15% commission on in-app purchases, rather than the standard 30% commission. Tim Sweeney, founder of Epic Games, says the move — an apparent reaction to current investigations into Apple […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 11/18/2020 13:08 EDT

Will Zoom Apps be the next hot startup platform?

When Zoom announced Zapps last month — the name has since been wisely changed to Zoom Apps — VC Twitter immediately began speculating that Zoom could make the leap from successful video conferencing service to becoming a launching pad for startup innovation. It certainly caught the attention of former TechCrunch writer and current investor at […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 11/18/2020 12:59 EDT

IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision

As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced  its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy. The companies did not reveal the purchase price. With Instana, IBM can build on its internal […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/18/2020 12:58 EDT

Trump will lose protected Twitter status after his presidency

Twitter has at various times acknowledged that Donald Trump isn’t bound by the same rules that govern the rest of us. This executive privilege has allowed him to continue posting comments that could have long ago gotten any normal person banned from the platform. More recently, the service has sought to balance misinformation/disinformation with warning […] Read more

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TechCrunch
Megan Rose Dickey @ TechCrunch · 11/18/2020 12:51 EDT

Facebook content moderators demand safer working conditions

A group of more than 200 Facebook content moderators are demanding the tech company “stop needlessly risking moderators’ lives,” they wrote in an open letter to Facebook and the company’s contractors that manage content moderators, Accenture and Covalen. This comes after The Intercept reported how Facebook content moderators were required to come back into the […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 11/18/2020 12:47 EDT

Weather forecasts get an AI update with Atmo as businesses grapple with climate-related catastrophes

“Almost every business on earth is affected by weather,” says Alexander Levy, an investor serial entrepreneur whose latest company is the new weather prediction startup Atmo. The company, which graduated from Y Combinator earlier this year, has recently raised $2 million from Signia Ventures and Sound Ventures for its predictive software, because sometimes businesses do […] Read more

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