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Alex Wilhelm @ TechCrunch · 11/10/2020 07:42 EDT

Hopin raises $125M for its online events platform on the back of surging growth

This morning Hopin, a startup that provides online events software, announced that it has closed a $125 million Series B round of capital. The new funds come mere months after Hopin raised a $40 million Series A this summer. According to Hopin CEO Johnny Boufarhat, the new capital was raised at a $2.125 billion valuation, [
] Read more â€ș

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TechCrunch
Darrell Etherington @ TechCrunch · 11/10/2020 07:31 EDT

Alphabet’s X partners with Econet Group to roll out Project Taara wireless light-beam broadband in Africa

Alphabet’s X ‘Moonshot Factory’ subsidiary has a lot of cutting edge projects in development, so it’s always exciting when one of them gets ready for real-world deployment. On Tuesday, X announced that its ‘Project Taara’ high-speed optical wireless broadband endeavor is working with internet provider Econet and its subsidiaries to begin rolling out its tech [
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TechCrunch
Jonathan Shieber @ TechCrunch · 11/10/2020 06:32 EDT

Renewable power represents almost 90% of total global power capacity added in 2020

Bucking the slowdown in most of the power sector caused by responses to the COVID-19 pandemic, renewable energy actually grew in 2020, and will represent about 90% of the total power capacity added for the year, according to the International Energy Agency. A surge in new projects from China and the US led the charge [
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TechCrunch
Anthony Ha @ TechCrunch · 11/10/2020 06:00 EDT

Patreon and Acast partner for patron-only podcast distribution

Patreon and Acast are teaming up to make it easier for podcasters to publish episodes that are only available to the patrons financially supporting them on Patreon. Most paywall solutions for podcasts are pretty clunky or limited. That’s why Acast launched technology last year that allows publishers to release paywalled episodes that listeners can access [
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TechCrunch
Romain Dillet @ TechCrunch · 11/10/2020 05:57 EDT

E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2

Berlin-based micro-mobility startup Tier has raised a significant Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still focused on high-risk, high-potential bets. As a reminder, SoftBank has invested in many late-stage funding rounds through its Vision Fund team. Portfolio companies include [
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TechCrunch
Rita Liao @ TechCrunch · 11/10/2020 05:05 EDT

China proposes antitrust law ahead of Singles’ Day shopping spree

Debates over anti-competitive practices amongst China’s internet firms resurface every year in the lead up to Singles’ Day, a time when online retailers exhaust their resources and deploy sometimes sneaky tactics to attract vendors and shoppers. This year, just a day before the world’s largest shopping festival was scheduled to fall on November 11, China’s [
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TechCrunch
Romain Dillet @ TechCrunch · 11/10/2020 03:01 EDT

Watch Apple unveil the first ARM-based Mac live right here

Apple is organizing its third event in three months today. The company is holding a (virtual) keynote at 10 AM PT (1 PM in New York, 6 PM in London, 7 PM in Paris). And you’ll be able to watch the event right here as the company is streaming it live. Apple has already announced [
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TechCrunch
Connie Loizos @ TechCrunch · 11/10/2020 00:27 EDT

Mirror founder Brynn Putnam on life with Lululemon — and whether or not she sold too soon

Brynn Putnam has a lot to feel great about. A Harvard grad and former professional ballet dancer who opened the first of what have become three high-intensity fitness studios in New York, she then launched a second business in 2016 when — while pregnant with her son — she was exercising at home and couldn’t [
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TechCrunch
Catherine Shu @ TechCrunch · 11/09/2020 23:12 EDT

Hong Kong insurtech startup Coherent gets $14 million Series A led by Cathay Innovation

Based in Hong Kong, Coherent helps insurance providers go digital. With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. The Series A round, led by Cathay Innovation with participation from Franklin Templeton, will be used to grow Coherent’s client base in Asia, [
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TechCrunch
Rita Liao @ TechCrunch · 11/09/2020 21:40 EDT

Despite global headwinds, Chinese hardware startups remain to take on the world

Bill Zhang lowered himself into lunges on a squishy mat as he explained to me the benefits of the full-body training suit he was wearing. We were in his small, modest office in Xili, a university area in Shenzhen that’s also home to many hardware makers. The connected muscle stimulator attached to the suit, called [
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TechCrunch
Rita Liao @ TechCrunch · 11/09/2020 20:54 EDT

The race to be China’s top fintech platform: Ant vs Tencent

As Ant Group seizes the world’s attention with its record initial public offering, which was abruptly called off by Beijing, investors and analysts are revisiting Tencent’s fintech interests, recognized as Ant’s archrival in China. It’s somewhat complicated to do this, not least because they are sprawled across a number of Tencent properties and, unlike Ant, [
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TechCrunch
Kirsten Korosec @ TechCrunch · 11/09/2020 20:26 EDT

Elon Musk’s Boring Company is setting up operations in Austin

Elon Musk’s tunneling and transportation startup The Boring Company is eyeing Austin for its next project based on several new job postings. The Boring Company, which last year landed a deal to construct and operate a “people mover” for the Las Vegas Convention Center, tweeted Monday that is was hiring in Austin. Engineering, accountant and [
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TechCrunch
Devin Coldewey @ TechCrunch · 11/09/2020 19:06 EDT

Sony prepares to enter the drone game with Airpeak

Sony has announced that it is entering the drone market with a new brand called Airpeak, though the specifics of the drone itself are left something of a mystery. It plans to launch the project next spring. The barebones announcement says only that Sony has been inspired by the “recent proliferation” of drones and the [
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TechCrunch
Jonathan Shieber @ TechCrunch · 11/09/2020 18:27 EDT

Beyond Meat earnings miss big on declining food service and consumer demand

Beyond Meat’s partnership with McDonald’s to develop the McPlant burger wasn’t enough to keep shares from collapsing after the company posted third-quarter earnings that fell far below analysts’ expectations. The big miss sent shares tumbling nearly 29% in after markets closed Monday after reporting it generated $94.4 million in revenues and a loss of 28 [
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TechCrunch
Steve Gillmor @ TechCrunch · 11/09/2020 18:12 EDT

Gillmor Gang: Check, Please

When we recorded this Gillmor Gang, it was Day Four post election, or midweek in counting the late incoming mail and other provisional ballots. We were largely convinced of the Biden victory, but that nagging doubt instilled in us by 2016 still pervaded the Zoom session. Saturday’s street party felt more like it, and the [
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TechCrunch
Greg Kumparak @ TechCrunch · 11/09/2020 18:12 EDT

All Slingbox devices will stop working in two years

Back before just about every major TV network built a streaming app of their own, watching live TV on your smartphone was
 tricky. One of the first relatively simple options was the Slingbox. You’d set it up between your cable box and your TV, plug it into your network, and bam: you’re streaming live TV, [
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TechCrunch
Anthony Ha @ TechCrunch · 11/09/2020 18:11 EDT

Daily Crunch: Reviewing the biggest and smallest new iPhones

We review the iPhone 12 Pro Max and the iPhone 12 mini, Zoom settles with the FTC and Pfizer announces promising results for its COVID-19 vaccine trial. This is your Daily Crunch for November 9, 2020. The big story: Reviewing the biggest and smallest new iPhones TechCrunch Editor in Chief Matthew Panzarino tackled both extremes [
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TechCrunch
Sarah Perez @ TechCrunch · 11/09/2020 17:49 EDT

Twitter may slow down users’ ability to ‘like’ tweets containing misinformation

Twitter is working to expand the use of its “misinformation” labels on misleading tweets. The company has developed a new feature, not yet live, that would pop up a “misleading information” label when a user tries to “Like” a tweet that’s been labeled as misinformation. The feature was discovered by reverse engineer Jane Manchun Wong in [
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TechCrunch
Kirsten Korosec @ TechCrunch · 11/09/2020 17:35 EDT

Uber has its highest close since IPO

Uber shares surged 7.38% to close at $48.18 following news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. The announcement by drugmakers Pfizer and BioNTech sparked widespread optimism and helped boost shares across industries that have been weakened by the COVID-19 pandemic, including [
] Read more â€ș

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TechCrunch
Devin Coldewey @ TechCrunch · 11/09/2020 16:50 EDT

NASA partners with SpaceX, Rocket Lab, Blue Origin and others for test flights and research

NASA has announced 20 new partnerships with commercial space outfits, among them collaborations with SpaceX, Blue Origin, and Rocket Lab. While no money will change hands, NASA will dedicate millions in personnel and other support to these test launches and developing technologies. The partnerships are NASA’s Announcement of Collaboration Opportunity selections for 2020. These agreements [
] Read more â€ș

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