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Manish Singh @ TechCrunch · 11/17/2020 02:59 EDT

Indonesian telecom network Telkomsel invests $150 million in GoJek

Telkomsel, Indonesia’s biggest telecom network, has invested $150 million in ride-hailing firm GoJek, the two companies said on Tuesday. As part of the “strategic partnership,” the two firms said they will explore a “broad range of collaboration opportunities” to reach millions of Indonesians. Since 2018, GoJek and Telkomsel have maintained a deal to subsidize the […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 11/17/2020 01:30 EDT

PingCAP, the open-source developer behind TiDB, closes $270 million Series D

PingCAP, the open-source software developer best known for NewSQL database TiDB, has raised a $270 million Series D. TiDB handles hybrid transactional and analytical processing (HTAP), and is aimed at high-growth companies, including payment and e-commerce services, that need to handle increasingly large amounts of data. The round’s lead investors were GGV Capital, Access Technology […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 11/17/2020 01:00 EDT

Digital electricity supplier Tibber closes $65M Series B led by Eight Roads, Balderton

Tibber, a ‘digital electricity’ supplier which uses AI to switch around power for houses based on their predicted levels of consumption – has closed a $65 million Series B round led by Eight Roads Ventures and Balderton Capital, with participation from existing investors including San Francisco-based Founders Fund, which invested last year. Alongside equity, Tibber […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 11/16/2020 21:02 EDT

Sequoia-backed recycling robot maker AMP Robotics gets its largest purchase order

AMP Robotics, the manufacturer of robotic recycling systems, has received its largest purchase order from the publicly traded North American waste handling company, Waste Connections. The order, for 24 machine learning enabled robotic recycling systems, will be used on container, fiber and residue lines across numerous materials recovery facilities, the company said. The AMP technology […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 11/16/2020 19:46 EDT

Huawei sells budget phone unit Honor to government, distribution partners

After weeks of rumors, Huawei confirmed it is selling its budget phone unit Honor to a consortium of companies, including government-backed firms and Honor’s distribution partners, according to a joint statement released Tuesday morning in a local Shenzhen paper. “This acquisition represents a market-driven investment made to save Honor’s supply chain. It is the best […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 11/16/2020 18:54 EDT

Daily Crunch: GitHub reinstates YouTube downloading project

GitHub defies a takedown order, Strava raises a big round and Moderna reports promising COVID-19 vaccine results. This is your Daily Crunch for November 16, 2020. The big story: GitHub reinstates YouTube downloading project Back in October, the Recording Industry Association of America sent a DMCA complaint to GitHub over a project called YouTube-dl, which […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 11/16/2020 18:52 EDT

Equity shot: Airbnb’s IPO is finally here

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Today we have an Equity Shot for you about Airbnb’s S-1 filing, as it looks to go public before the year is out. First we get into Airbnb’s macro performance, which shows a stable picture historical revenue growth. […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 11/16/2020 18:51 EDT

Tesla gets a spot on the S&P 500

Tesla will be added to the S&P 500, a milestone that will expand its investor base and put the electric automaker in the same company as heavyweights like Apple, Berkshire Hathaway and Microsoft. The announcement, made Monday afternoon by the S&P Dow Jones Indices, sent shares 13.7% higher in after-market trading. Tesla will officially join the benchmark […] Read more

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TechCrunch
Taylor Hatmaker @ TechCrunch · 11/16/2020 18:09 EDT

Jack Dorsey and Mark Zuckerberg will face Congress again, this time about the election

After giving in to the looming threat of subpoenas, two of tech’s most high profile CEOs will again be grilled by Congress. On Tuesday, the Senate Judiciary Committee will host Twitter’s Jack Dorsey and Facebook’s Mark Zuckerberg for what’s likely to be another multi-hour airing of assorted grievances. In this round, Republican lawmakers called the […] Read more

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TechCrunch
Danny Crichton @ TechCrunch · 11/16/2020 17:56 EDT

The VC and founder winners in Airbnb’s IPO

After a tumultuous year for the travel industry, Airbnb’s long-awaited IPO filing just dropped. One thing is clear: there is still plenty of juice left in the home-sharing platform, and a smattering of VCs and the company’s founders are positioned to receive some serious returns. My colleague Alex Wilhelm has an overview article on Airbnb’s […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 11/16/2020 17:24 EDT

Baidu to acquire Joyy’s Chinese live streaming service YY for $3.6B

Baidu said on Monday it is acquiring Joyy’s live streaming service YY Live in China for $3.6 billion in an all-cash deal as the internet giant makes further push to diversify beyond its core search business. The announcement, which Baidu on the sidelines of its earnings call, is the Chinese firm’s biggest foray into the […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 11/16/2020 17:13 EDT

Airbnb files to go public

Airbnb filed to go public today, bringing the well-known unicorn one step closer to being a public company. The company’s financial results show a company on the rebound, but smaller than it was. Its more granular financial results also make clear how hard the pandemic was on the travel-reliant unicorn. Regarding Airbnb’s worth, investors will […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 11/16/2020 16:47 EDT

Ride Vision raises $7M for its AI-based motorcycle safety system

Ride Vision, an Israeli startup that is building an AI-driven safety system to prevent motorcycle collisions, today announced that it has raised a $7 million Series A round led by crowdsourcing platform OurCrowd. YL Ventures, which typically specializes in cybersecurity startups but also led the company’s $2.5 million seed round in 2018, Mobilion VC and […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 11/16/2020 16:08 EDT

Beyond Meat unveils two new versions of its Beyond Burgers

Beyond Meat has launched two new versions of its Beyond Burgers, the company announced today. The two new options will be available on store shelves in 2021, but will be on offer at a two-day pop up event in Los Angeles for folks to try. The new Beyond Burger patties are designed to mirror the […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 11/16/2020 15:52 EDT

How esports can save colleges

Colleges are diving into esports, with 115 different programs offering scholarships for esports and club programs are growing even faster. Certainly, it will help attract students, but monetization is really tricky. Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 11/16/2020 15:02 EDT

Deep Vision announces its low-latency AI processor for the edge

Deep Vision, a new AI startup that is building an AI inferencing chip for edge computing solutions, is coming out of stealth today. The six-year-old company’s new ARA-1 processors promise to strike the right balance between low latency, energy efficiency and compute power for use in anything from sensors to cameras and full-fledged edge servers. […] Read more

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TechCrunch
Greg Kumparak @ TechCrunch · 11/16/2020 15:02 EDT

Hulu will increase the price of its live TV service again on December 18th

It’s price hike season! Just a few weeks after Netflix bumped up prices on a bunch of its plans, it looks like Hulu will soon be charging more for its Live TV service. The company has confirmed to us that it will be bumping the monthly cost of Hulu + Live from $54.99 to $64.99 […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 11/16/2020 14:37 EDT

3 growth tactics that helped us surpass Noom and Weight Watchers

Here’s a closer look at the three growth marketing tactics I credit with helping us scale Lifesum over the last 36 months. It’s a strategy any startup can use, regardless of size or budget. Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 11/16/2020 13:47 EDT

Arrikto raises $10M for its MLOps platform

Arrikto, a startup that wants to speed up the machine learning development lifecycle by allowing engineers and data scientists to treat data like code, is coming out of stealth today and announcing a $10 million Series A round. The round was led by Unusual Ventures, with Unusual’s John Vrionis joining the board. “Our technology at […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 11/16/2020 13:38 EDT

You can now embed Apple Podcasts on the web

Apple is making it easier to discover and listen to podcasts via the web. The company announced today an Apple Podcasts embed web player is now available, allowing anyone — including creators, listeners or marketers — to generate embed codes for the over 1.5 million shows available across the Apple Podcasts service. The codes can […] Read more

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