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Sarah Perez @ TechCrunch · 11/10/2020 11:58 EDT

New forecast pegs TikTok to top 1.2B monthly active users in 2021

TikTok’s upward trajectory is expected to continue in 2021, according to a new forecast from mobile data and analytics firm App Annie, which estimates the short-form video app will surpass the 1 billion monthly active user mark next year. The expanded forecast also looked into future trends around mobile ad spending and the growth in […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/10/2020 11:55 EDT

Huawei reportedly set to sell Honor budget phone division for $15B

Following weeks of rumors surrounding a potential sale, Huawei has reportedly struck a deal to divest itself of its Honor brand. A new report out today from Reuters notes that the embattled hardware maker will sell the budget unit to a consortium of buyers that includes the government of the city of Shenzhen and Digital […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 11/10/2020 11:31 EDT

Pioneers of in-space refueling and manufacturing join TC Sessions: Space 2020

One of the problems with putting a satellite in orbit is that once you do, it’s pretty much out of your hands. If anything goes wrong, or it runs out of fuel, that’s all she wrote. Fortunately there are companies that aim to change this, and three leaders in the field — Orbit Fab, Astroscale, […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 11/10/2020 11:10 EDT

With $29M in funding, Isovalent launches its cloud-native networking and security platform

Isovalent, a startup that aims to bring networking into the cloud-native era, today announced that it has raised a $29 million Series A round led by Andreesen Horowitz and Google. In addition, the company today officially launched its Cilium platform (which was in stealth until now) to help enterprises connect, observe and secure their applications. […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 11/10/2020 11:09 EDT

Waze CEO Noam Bardin to leave company in early 2021

Waze CEO Noam Bardin, who joined the company nearly 12 years ago and led it through its acquisition by Google to become a crowdsourced navigation app with millions of active users, is stepping down early next year. Bardin had planned to announce his departure from Waze last spring, but changed his plans as the COVID-19 […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 11/10/2020 10:39 EDT

Carbon Health raises $100 million with plans to expand pop-up clinics ahead of COVID-19 vaccination programs

Carbon Health has raised a $100 million Series C funding round, led by Dragoneer Investment Group and including participation from prior investors Brookfield Technology Partners, DCVC and Builders VC. This funding will be used to help the SF-based healthcare provider startup to continue to expand its nationwide footprint, including with the opening of 100 pop-up […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 11/10/2020 10:24 EDT

Roblox to host its first virtual concert, featuring Lil Nas X

Roblox this morning announced a partnership with Columbia Records that will allow it to bring a virtual concert experience featuring Lil Nas X to its gaming platform. Notably, this will be Roblox’s first-ever virtual concert, and follows similar events that have been held during the pandemic, like the “One World: Together At Home” concert to […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 11/10/2020 10:07 EDT

Explo snags $2.3M seed to help build customer-facing BI dashboards

Explo, a member of the Y Combinator Winter 2020 class, which is helping customers build customer-facing business intelligence dashboards, announced a $2.3 million seed round today. Investors included Amplo VC, Soma Capital and Y Combinator along with several individual investors. The company originally was looking at a way to simplify getting data ready for models […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 11/10/2020 10:00 EDT

Hear from TMV’s Soraya Darabi on how to land your first yes from an investor today at 11 a.m. PT, 2 p.m. ET

Today at 11:00 a.m. PT/2:00 p.m. ET, we’re bringing venture capitalist Soraya Darabi of TMV to the Extra Crunch Live stage to talk about how to get that first “yes” as an early-stage company and which founder mistakes often lead her to say “no.” You’ll need to be an Extra Crunch subscriber to attend, so […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/10/2020 09:49 EDT

Spotify buying podcast hosting and ad company Megaphone for $235M

Spotify has come under fire of late over questions around musician compensation, but when it comes to podcasting, it has money to burn. This morning, the streaming service confirmed its acquisition of Megaphone for a reported $235 million. Launched by The Slate Group in February 2015 as Panopoly, it rebranded as Megaphone in 2019. In […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/10/2020 09:37 EDT

Remote raises $35M to help orgs with global workforce payroll, benefits and more

Remote working has become the norm in many offices around the world this year, as organizations do what they can to help contain the rapid transmission of Covid-19 by reducing in-person interactions between workers. That’s also meant a renewed focus on how companies manage employees who have never worked in the office, and might even […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 11/10/2020 09:07 EDT

Why I left edtech and got into gaming

While there were risks to gaming, the large and growing market size, resilient economic model and high engagement rates were compelling enough to look past them. Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 11/10/2020 09:03 EDT

Walmart and Cruise partner to test autonomous grocery delivery in Arizona

U.S. retailer Walmart and autonomous vehicle company Cruise are pairing up to test grocery delivery in Scottsdale, Arizona. Under the pilot program, customers will be able to place an order from their local Walmart store and have it delivered via one of Cruise’s autonomous, electric Chevy Bolt cars. While the vehicles will operate autonomously, a […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 11/10/2020 09:00 EDT

JumpCloud raises $75M Series E as cloud directory service thrives during pandemic

JumpCloud, the cloud directory service that debuted at TechCrunch Disrupt Battlefield in 2013, announced a $75 million Series E today. The round was led by BlackRock with participation from existing investor General Atlantic. The company wasn’t willing to discuss the current valuation, but has now raised over $166 million, according to Crunchbase data. Changes in […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 11/10/2020 08:40 EDT

Uber will now let users book rides 30 days in advance and pick a favorite driver

Uber is rolling out a new feature this week that will let users reserve rides up to 30 days in advance and pick their favorite driver for the trip as the ride-hailing company seeks out new ways to attract customers during the COVID-19 pandemic. The new option called Uber Reserve, which will begin to show up […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 11/10/2020 08:30 EDT

Tailscale raises $12 million for its WireGuard-based corporate VPN

Tailscale has raised a $12 million funding round. Accel is leading the round with Heavybit and Uncork Capital also participating. The company is building a better corporate VPN by leveraging a modern protocol and focusing on ease of implementation. A VPN, or a virtual private network, is an encrypted tunnel between two devices. Many companies […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/10/2020 08:07 EDT

Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa

The African continent is currently one of the fastest-growing regions when it comes to mobile growth, and financial technology companies that are building services to meet that rapidly-expanding market are getting a lot of attention. In the latest development, Kuda, a startup out of Nigeria that operates a popular mobile-first challenger bank for consumers and […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 11/10/2020 08:05 EDT

Live from Apple’s 2020 Mac event featuring the first ever Apple Silicon Macs

Apple’s had a packed fall, and today is the day of its third big product reveal event this season. This one is going to be squarely focused on the first Macs with Apple Silicon, the company’s first in-house processors designed for its macOS computers. Apple announced its transition away from Intel chips and to its […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 11/10/2020 08:00 EDT

Qualcomm Ventures invests in four 5G startups

Qualcomm Ventures, Qualcomm’s investment arm, today announced four new strategic investments in 5G-related startups. These companies are private mobile network specialist Celona, mobile network automation platform Cellwize, the edge computing platform Azion and Pensando, another edge computing platform that combines its software stack with custom hardware. The overall goal here is obviously to help jumpstart […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 11/10/2020 07:48 EDT

Europe lays out antitrust case against Amazon’s use of big data

The European Commission has laid out a first set of antitrust charges against Amazon focused on its dual role as a platform for other sellers but also a retailer itself on its own platform — and its cumulative use of third party merchant data to underpin Amazon’s own retail decisions. Competition chief Margrethe Vestager said […] Read more

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