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Romain Dillet @ TechCrunch · 11/05/2020 02:00 EDT

Vivid Money raises $17.6 million for its European challenger bank

German fintech startup Vivid Money has raised a $17.6 million Series A funding round (€15 million). Ribbit Capital is leading the investment. Today’s funding round gives Vivid Money a valuation of $117 million (€100 million). Vivid Money is quite a young startup as the company started accepting customers just a few months ago. Built on […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 11/04/2020 23:39 EDT

ByteDance to pump $170 million into e-book reader Zhangyue

While short videos are what drive ByteDance’s revenues and give the Chinese startup international recognition, the firm is expanding into numerous new areas like other tech giants to fuel growth. It’s dabbled in enterprise software and online learning, and the news came this week that ByteDance will invest in one of China’s largest e-book readers […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 11/04/2020 21:07 EDT

If elected, Biden commits to rejoin climate accord U.S. just abandoned

On the same day that the U.S. officially withdrew from the global pact to reduce emissions that cause climate change, presidential contender Joe Biden committed that he would rejoin the Paris Agreement if elected. In a tweet late Wednesday, Biden wrote, “Today, the Trump Administration officially left the Paris Climate Agreement. And in exactly 77 […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/04/2020 20:00 EDT

DJI’s pint-sized Mavic Mini gets camera and connection upgrades

We dug DJI’s Mavic Mini when the drone arrived last year. As Matt noted in his review, “It packs everything critical to be a quality drone. It has a good camera, good range and a good controller. It holds up well in the wind and is quick enough to be fun.” Today, DJI improves two […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 11/04/2020 19:11 EDT

Dear Sophie: How will this election nail-biter affect immigration?

Whatever the election results, there will still be many ways for people to legally navigate the U.S. immigration process and access the opportunity and security of life here. Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/04/2020 18:52 EDT

YouTube removes ads from, but won’t pull, ‘Trump Won’ video following backlash

This year’s presidential election has already proven to be a considerable test of the U.S. democratic system. It’s also been doing a fine job testing the systems behind leading social networks four years after a rather disinformation-ridden election. Twitter today has proven to be reasonably swift — if not entirely proactive — in its push […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 11/04/2020 18:17 EDT

Daily Crunch: Social media confronts election misinformation

You may have heard that the United States had a presidential election yesterday, with plenty of implications for the tech world, particularly with social media as one of the battlegrounds in the fight over the results. Meanwhile, major tech-relevant ballot measures, like California’s Proposition 22, also passed. I’ll do my best to cover it all […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/04/2020 17:52 EDT

Hands-on with Mophie’s new modular smartphone battery case

There was some confusion when the Juice Pack Connect was announced last week. I admit I was a bit confused, too. It was, no doubt, the proximity to Apple’s iPhone 12 launch that lead many to (understandably) assume that the new take on Mophie’s case is based on the handset’s new MagSafe tech. While it […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 11/04/2020 17:47 EDT

B2B marketplaces will be the next billion-dollar e-commerce startups

Merritt Hummer Contributor Share on Twitter Merritt Hummer is a partner at Bain Capital Ventures, where she invests in the fintech, e-commerce and proptech sectors. Startups involved in B2B e-commerce such as Faire and Mirakl have burst out of the gates in 2020. Almost overnight, these startups transformed into consequential platforms, earning billion-dollar valuations along […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 11/04/2020 16:48 EDT

Zynga reports record revenue and strong user growth while still losing $122M

Zynga’s revenue grew to a record $503 million (up 46% year-over-year) in the third quarter, with bookings of $628 million (up 59%), according to its latest earnings report. It also had its best mobile daily active user (31 million) and monthly active user (83 million) numbers in six years. But things wasn’t all rosy: The […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 11/04/2020 16:40 EDT

Learn how to score your first check with TMV’s Soraya Darabi on November 10

When it comes to financing a startup, the most important — and hardest — check to land is the very first one. The growth of accelerators, rolling funds, community funds, hungry angels and institutional investors has given founders more options than ever before, but for women and people of color, access to funding continues to be […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 11/04/2020 15:27 EDT

Massachusetts voters pass a right-to-repair measure, giving them unprecedented access to their car data

A ballot measure passed by 75% of voters in Massachusetts has resolved a thorny question that could have widespread implications for the automotive industry: once a person buys a vehicle, they own all of its data. The measure, listed on the ballot as Question 1, amends and broadens a law that gives consumers in Massachusetts […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 11/04/2020 15:27 EDT

TikTok takes down election misinformation aimed at younger users

TikTok confirmed today it has taken down videos spreading election misinformation that had been posted to two high-profile Republican-supporting accounts, The Republican Hype House and The Republican Boys. The accounts, popular with young, conservative voters, reach over a million followers combined, and have the potential to reach even more users who would find their videos […] Read more

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TechCrunch
Taylor Hatmaker @ TechCrunch · 11/04/2020 13:32 EDT

Close US election results plunge social media into nightmare misinformation scenario

When Trump spoke early Tuesday morning, it became clear which long-dreaded election scenario an anxious nation was on the cusp of. “This is a fraud on the American public,” Trump said in remarks delivered from the White House, mixing his campaign with the presidency. “We were getting ready to win this election. Frankly, we did […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 11/04/2020 13:27 EDT

Election Day was largely free from disruptive cyberattacks, as efforts shift to combating misinformation

Polls closed in the U.S. presidential election on Tuesday without any significant or disruptive cyberattacks, according to cybersecurity officials and experts. Election Day wasn’t without its problems. Some voting machines in Nevada and Texas went down but were quickly back up and running, some voters in Georgia and Ohio had to use paper ballots after […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 11/04/2020 12:53 EDT

Will new SEC equity crowdfunding rules encourage more founders to pass the hat?

The flow of venture capital in 2020 has been surprisingly strong given the year’s general uncertainty, but while investors have showered plenty of dough on growth-stage companies, seed-stage startups are down 32% last quarter compared to the year before. There have been plenty of recent conversations about alternative funding routes for founders, and one of […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 11/04/2020 12:05 EDT

Portland, Maine passes referendum banning facial surveillance

As we’re currently shifting through all of the national and local votes from last night’s elections, here’s a small but important victory for privacy advocates out of Portland, Maine . Per the Bangor Daily News, the city passed “Referendum Question B,” designed to curb government and police use of facial recognition technology. According to the […] Read more

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TechCrunch
Matt Burns @ TechCrunch · 11/04/2020 11:38 EDT

Cannabis legalization measures set to pass in 5 states

Cannabis legalization was on five state ballots yesterday and ran the table. All the measures passed, making cannabis legal, in some form, in five new states. Voters in Oregon, where cannabis is already legal, also approved a measure addressing street drugs and another that sought to legalize psychedelic mushrooms’ therapeutic use. Of the five states […] Read more

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TechCrunch
Alexandra Ames @ TechCrunch · 11/04/2020 11:27 EDT

Student discount passes available for TC Sessions: Space 2020

Whether space is the final frontier remains to be seen, but it’s certainly the next one as far as we’re concerned. On December 16-17, we’re hosting TC Sessions: Space 2020, a two-day online conference and our first event focused squarely on space technology and the early-stage startups and investors that make it possible. The future […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 11/04/2020 11:05 EDT

As tech stocks rally, bring on the IPOs

During yesterday’s tense voting and this morning, shares of American-listed technology companies are shooting higher. The tech-heavy Nasdaq Composite is up around 3.35% this morning, more than double what the broad S&P 500 index is currently managing. SaaS and cloud stocks kicked off the day up a staggering 4.98%, a sharp rally in the value […] Read more

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