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Alexandra Ames @ TechCrunch · 11/05/2020 11:38 EDT

Just one week left for early bird passes to TC Sessions: Space 2020

It’s hard to imagine anything more thrilling than turning science fiction into science fact. If you’re forging new frontier technology — or ready to tackle the challenge — than join a growing, global community of startup visionaries at TC Sessions: Space 2020, on December 16-17. Take advantage of early-bird pricing and secure your seat at […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 11/05/2020 11:15 EDT

DOJ files antitrust lawsuit challenging Visa’s $5.3 billion acquisition of Plaid

The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid . News of the DOJ’s investigation first broke last month. “By acquiring Plaid, Visa would eliminate a nascent competitive threat that would likely result in substantial savings and more innovative online debit services for merchants and consumers,” the […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 11/05/2020 11:10 EDT

Alibaba passes IBM in cloud infrastructure market with over $2B in revenue

When Alibaba entered the cloud infrastructure market in earnest in 2015 it had ambitious goals, and it has been growing steadily. Today, the Chinese ecommerce giant announced quarterly cloud revenue of $2.194 billion. With that number, it has passed IBM’s $1.65 billion revenue result (according to Synergy Research market share numbers), a significant milestone. But […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 11/05/2020 11:08 EDT

Calm’s hilarious CNN ad campaign sent the meditation app flying up App Store charts

Meditation app Calm’s brilliant and hilarious marketing campaign that saw it sponsoring CNN’s coverage of the 2020 U.S. Presidential Election results this week seems to have paid off for the business. The app, which today offers mindful meditations, peaceful sounds and sleep stories, had flashed on screen during CNN’s “Key Race Alert” coverage, reminding users […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 11/05/2020 10:58 EDT

WhatsApp receives approval to expand its payments service in India

WhatsApp, which began testing its payments service in India with 1 million users in early 2018, can finally start to expand the feature to more users in the world’s second largest internet market. National Payments Corporation of India (NPCI), the body that operates the widely popular UPI payments infrastructure, said on Thursday evening that it […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/05/2020 10:46 EDT

Ayar raises $35M for optical interconnect tech to overcome computing bottlenecks in the CPU

The race is on to build more efficient chip technology for faster and less power-intensive computing, and today an innovative startup that’s built one solution based on in-package optical interconnect (optical I/O) technology is announcing a round of growth funding from a number of strategic investors that speaks to how its approach is getting traction. […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 11/05/2020 10:26 EDT

Google and Walmart face growth hurdles as India caps payments transactions

Google and Walmart have a new challenge ahead of them as they race to expand the reach of their payments apps in India: They won’t be permitted to grow beyond a limit. National Payments Corporation of India (NPCI), the body that operates the widely popular UPI payments infrastructure, said Thursday evening that it will enforce […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 11/05/2020 10:05 EDT

4 questions as Airbnb’s IPO looms

Almost on command after we asked yesterday if a rash of technology IPOs were about to land, news broke that Airbnb plans to drop its S-1 filing early next week with a December roadshow. The document will be of intense interest for shareholders — as well as public investors who hope to purchase shares in the […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/05/2020 09:24 EDT

TikTok tests a Learn tab to showcase education and how-to videos

How-to videos have been some of the most popular content on YouTube over the years, and now, to grow engagement and the pool of users that it appeals to, the upstart video app TikTok is getting in on the action, too. After launching a dedicated “Learn On TikTok” hashtag (#LearnOnTikTok) earlier this summer with a […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 11/05/2020 09:23 EDT

Nvidia reportedly bringing Fortnite back to iOS through its cloud gaming service

Nvidia is bringing Fortnite back to iPhones and iPads, according to a report from the BBC. The British news service is reporting that Nvidia has developed a version of its GeForce cloud gaming service that runs on Safari. The development means that Fortnite gamers can play the Epic Games title off of servers run by […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 11/05/2020 09:00 EDT

Mobile testing platform Kobiton raises $14M, acquires competitor Mobile Labs

Atlanta-based Kobiton, a mobile testing platform that allows developers and QA teams to test their apps on real devices, both on their own desks and through the company’s cloud-based service, today announced that it has acquired Mobile Labs, another Atlanta-based mobile testing service. To finance the acquisition of its well-funded competitor, Kobiton raised a $14 […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 11/05/2020 09:00 EDT

Review: Microsoft’s Xbox Series X is ahead of its time

Arriving seven years after the Xbox One first launched, the new Microsoft Xbox Series X console lands in a different world and a very different Xbox ecosystem. Microsoft is embracing subscription bundling with its Game Pass service and cloud-streaming with xCloud, nevertheless they are still committed to building huge metal boxes with tremendous power designed […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 11/05/2020 08:43 EDT

UK’s ICO faces legal action after closing adtech complaint with nothing to show for it

The UK’s data watchdog is facing a legal challenge after it took the decision to quietly close a complaint against the adtech industry’s high velocity background trading of personal data. The legal challenge was reported earlier by Politico. The original complaint — challenging the adtech industry’s compliance with Europe’s General Data Protection Regulation (GDPR) — […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 11/05/2020 08:41 EDT

Juggle secures $2.1M to expand its ‘flexible work’ SaaS marketplace for senior execs

As we’ve seen, some startups are pivoting to re-model themselves for the radically different world of the COVID-19 pandemic. But others literally turned out to have a business model which, although they could never have realized it at the time, might have been (almost) tailored-made for this era. A fascinating example of this is SaaS […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 11/05/2020 08:39 EDT

Watch SpaceX launch a GPS satellite for the U.S. Space Force live

SpaceX is set to launch the U.S. Space Force’s GPS III Space Vehicle 04 today from Cape Canaveral Air Force Station in Florida. This launch was all set to take off back at the beginning of October, but was scrubbed in the final seconds. Today’s launch window spans 15 minutes, and opens at 6:24 PM […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 11/05/2020 08:30 EDT

How growth investing grew so big so quickly

Despite being relatively new to market, this investment category has quickly become one of the most active. It has also become one of the most confusing. Read more

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TechCrunch
Catherine Shu @ TechCrunch · 11/05/2020 07:00 EDT

Singapore-based digital business assistant Osome raises $3 million

Osome, a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. An extension of Osome’s seed round, the new funding was led by XA Network and AltaIR Capital. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 11/05/2020 06:38 EDT

Pivoting in the pandemic, Citysocializer relaunches as a ‘Get Your Guide for virtual events’

Citysocializer, previously a platform for promoting real-world socializing in cities, has relaunched, becoming something akin to a ‘Get Your Guide for virtual events’. Just as other startups have pivoted to ‘lean in’ to current circumstances, this startup has turned its attention to how people can monetize their skills and passions from home doing the COVID-19 […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 11/05/2020 06:00 EDT

Reliance Retail raises $1.3 billion from PIF

The Public Investment Fund, which has invested $1.5 billion in Mukesh Ambani’s telecom venture Jio Platforms and more than half a billion dollars in his fiber-optic business, has returned to back yet another empire built by India’s richest man. The sovereign wealth fund is investing $1.3 billion in Reliance Retail for a 2.04% equity stake […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/05/2020 03:57 EDT

WhatsApp now lets you post disappearing messages, which go away after 7 days

Facebook recently announced that WhatsApp passed the whopping milestone of 100 billion messages sent per day, but not everyone wants those chats to stick around forever. Now, Facebook’s wildly popular messaging app with 2 billion users is adding a feature to give people more control on how their words and pictures live within the app. […] Read more

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