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Matt Burns @ TechCrunch · 10/22/2020 09:25 EDT

Lyft will soon let riders pay for rides with Venmo

Lyft riders will soon have the option for paying and splitting fares using Venmo, the company said in a blog posting this morning. Venmo joins Lyft’s other payment methods of PayPal, credit cards, debit cards, Lyft Cash and more. To enable the payment method, users need to authorize Venmo in the Lyft app. Lyft says […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 10/22/2020 09:01 EDT

Freelancer banking startup Lili raises $15M

It’s only been a few months since Lili announced its $10 million seed round, and it’s already raised more funding — namely, a $15 million Series A. The startup, founded by CEO Lilac Bar David and CTO Liran Zelkha, is creating a bank account and associated products designed for freelancers, with features like early access […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 10/22/2020 09:00 EDT

Amazon Echo review: Well-rounded sound

Six years ago, Amazon essentially created a new consumer electronics category. Expectations weren’t particularly high when the first Echo device debuted in November of 2014. Amazon, after all, has never shied away from throwing a new device against the wall to see what sticks — if anything, that’s become a defining characteristic of the last […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 10/22/2020 09:00 EDT

Facebook adds hosting, shopping features, and pricing tiers to WhatsApp Business

Facebook has been making a big play to be a go-to partner for small and medium businesses that use the internet to interface with the wider world, and its messaging platform WhatsApp, with some 50 million businesses and 175 million people messaging them (and more than 2 billion users overall), has been a central part […] Read more

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TechCrunch
Danny Crichton @ TechCrunch · 10/22/2020 08:00 EDT

WoHo wants to make constructing buildings fast, flexible and green with reusable “components”

Buildings are the bedrocks of civilization — places to live, places to work (well, normally, in a non-COVID-19 world) and places to play. Yet how we conceive buildings, architect them for their uses, and ultimately construct them on a site has changed remarkably little over the past few decades. Housing and building costs continue to […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 10/22/2020 07:36 EDT

E-bike subscription service Dance closes $17.7M Series A, led by HV Holtzbrinck Ventures

Three months on since the former founders of SoundCloud launched their e-bike subscription service, Dance they are today announcing the close of a $17.7 million (€15 million) Series A funding round led by one of the larger European VCs, HV Holtzbrinck Ventures. Founded by Eric Quidenus-Wahlforss (ex-Soundcloud), Alexander Ljung (ex-Soundcloud) and Christian Springub (ex-Jimdo), Dance […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 10/22/2020 06:44 EDT

Smartphone shipments rebound to an all-time high in India

Smartphone shipments reached an all-time high in India in the quarter that ended in September this year as the world’s second largest handset market remained fully open during the period after initial lockdowns due to the coronavirus, according to a new report. About 50 million smartphones shipped in India in Q3 2020, a new quarterly […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 10/22/2020 06:39 EDT

Here integrates what3words’ super simple address system into its in-car API

Geocoding startup what3words — which chunks the world into 3mx3m squares, giving each a unique three-word label to simplify location sharing — has nabbed another in-vehicle integration, via a partnership with Here Technologies. The pair said today that OEMs using Here’s navigation platform can include what3words as an in-car nav feature directly through the Here […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 10/22/2020 05:00 EDT

Adyen alumni raise €2.6M seed to launch Silverflow, a ‘cloud-native’ card payments processor

Silverflow, a Dutch startup founded by Adyen alumni, is breaking cover and announcing seed funding. The pre-launch company has spent the last two years building what it describes as a “cloud-native” online card processor that directly connects to card networks. The aim is to offer a modern replacement for the 20 to 40-year-old payments card […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 10/22/2020 05:00 EDT

Hearings begin in Samsung vice chairman Jay Y. Lee’s accounting fraud trial

The trial of Samsung leader Jay Y. Lee, who is accused of accounting fraud and stock price manipulating, held its first hearing today at the Seoul Central District Court. The Seoul Central District Court denied prosecutors’ arrest warrant request for Lee in June, stating that even though they had secured a “considerable amount of evidence,” […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 10/22/2020 04:48 EDT

Facebook Dating launches in Europe after 9-month+ delay over privacy concerns

Facebook’s dating bolt-on to its eponymous social networking service has finally launched in Europe, more than nine months after an earlier launch plan was derailed at the last minute over privacy concerns. From today, European Facebook users in Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Croatia, Hungary, Ireland, Italy, Lithuania, […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 10/22/2020 03:10 EDT

Health insurance startup Alan lets you chat with a doctor

French startup Alan is building health insurance products. And 100,000 people are now covered through Alan . I caught up with the company’s co-founder and CEO Jean-Charles Samuelian-Werve so that he could give us an update on the product. Alan has obtained its own health insurance license and is a proper insurance company. It doesn’t […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 10/22/2020 02:00 EDT

Acapela, from the founder of Dubsmash, hopes ‘asynchronous meetings’ can end Zoom fatigue

Acapela, a new startup co-founded by Dubsmash founder Roland Grenke, is breaking cover today in a bid to re-imagine online meetings for remote teams. Hoping to put an end to video meeting fatigue, the product is described as an “asynchronous meeting platform,” which Grenke and Acapela’s other co-founder, ex-Googler Heiki Riesenkampf (who has a deep […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 10/22/2020 01:20 EDT

9 Zurich-area investors on Switzerland’s 2020 startup outlook

European entrepreneurs who want to launch startups could do worse than Switzerland. In a report analyzing Europe’s general economic health, cost of doing business, business environment and labor force quality, analysts looked for highly educated populations, strong economies, healthy business environments and relatively low costs for conducting business. Switzerland ended up ranking third out of […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 10/21/2020 20:08 EDT

This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century

“I have to choose my words carefully,” says Joe Castelino of Stevens Creek Volkswagen in San Jose, Ca., when asked about the software on which most car dealerships rely for inventory information, to manage marketing, to handle customer relationships and to otherwise help sell cars. Castelino, the dealership’s service director, laughs as he says this. […] Read more

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TechCrunch
Matt Burns @ TechCrunch · 10/21/2020 18:27 EDT

Tesla is a chain of startups, Elon Musk explains

Today during a call with investors and journalists, Tesla CEO Elon Musk was asked to expand a tweet from yesterday. In it, he stated: “Tesla should really be thought of as roughly a dozen technology startups, many of which have little to no correlation with traditional automotive companies.” Tesla wows on latest numbers In short, […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 10/21/2020 18:11 EDT

Daily Crunch: Quibi is shutting down

The end is in sight for Quibi, PayPal adds cryptocurrency support and Netflix tests a new promotional strategy. This is your Daily Crunch for October 21, 2020. The big story: Quibi might be shutting down The much-hyped streaming video app led by Jeffrey Katzenberg and Meg Whitman, which raised nearly $2 billion in funding, is […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 10/21/2020 18:02 EDT

4 quick bites and obituaries on Quibi (RIP 2020-2020)

In memory of the death of Quibi, here’s a quick sendoff from four of our writers who came together to discuss what we can learn from Quibi’s amazing, instantaneous, billions-of-dollars failure. Lucas Matney looks at what the potential was for Quibi and how it missed the mark in media. Danny Crichton discusses why billions of […] Read more

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TechCrunch
Steve Gillmor @ TechCrunch · 10/21/2020 17:29 EDT

Gillmor Gang: Something Goes Right

Here we sit in the valley of predespair, 2 weeks ahead of the election and God knows where we are in the pandemic. As my partner Tina says to me on this once glorious sunny day (the view formerly known as the Pacific Ocean has been replaced by the fog like a Zoom background) we […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/21/2020 16:24 EDT

Tesla wows on latest numbers

Tesla’s latest quarterly numbers beat analyst expectations on both revenue and earnings per share, bringing in $8.77 billion in revenues for the third quarter. With the report that Tesla had already beaten Wall Street’s expectations for deliveries earlier this month, the question for today’s earnings call was how much efficiency (and by extension profit) the […] Read more

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