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Jonathan Shieber @ TechCrunch · 09/21/2020 08:40 EDT

Osso VR raises $14 million to bring virtual reality to surgical and medical device training

It seems that distance learning is even coming for the healthcare industry. As remote work becomes the order of the day in the COVID-19 era, any tool that can bring training and education services to folks across industries is gaining a huge amount of investor interest — and that includes healthcare. Virtual reality tools like […] Read more

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TechCrunch
Matt Burns @ TechCrunch · 09/21/2020 08:19 EDT

Nikola’s chairman steps down, stock crashes following allegations of fraud

Nikola Corp. founder and Executive Chairman Trevor Milton is stepping down from the electric truck company effective immediately. This comes in the wake of a report from a noted short-selling accusing the company of fraud. Milton is succeeded by Stephen Girsky, a former General Motors executive who was already on the company’s board. Nikola company […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 09/21/2020 08:12 EDT

Amnesty calls for human rights controls on EU digital surveillance exports

In a new report, Amnesty International says it’s found evidence of EU companies selling digital surveillance technologies to China — despite the stark human rights risks of technologies like facial recognition ending up in the hands of an authoritarian regime that’s been rounding up ethnic Uyghurs and holding them in “re-education” camps. The human rights […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 09/21/2020 08:00 EDT

With $100M in funding, Playco is already a mobile gaming unicorn

Playco is a new mobile gaming startup created by Game Closure co-founder Michael Carter and Zynga co-founder Justin Waldron, as well as game producers Takeshi Otsuka and Teddy Cross. Although the Tokyo-headquartered company is only announcing its existence today, it’s already a unicorn — it says it’s raised $100 million in Series A funding, at […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 09/21/2020 06:15 EDT

Ireland’s data watchdog slammed for letting adtech carry on ‘biggest breach of all time’

A dossier of evidence detailing how the online ad targeting industry profiles Internet users’ intimate characteristics without their knowledge or consent has been published today by the Irish Council for Civil Liberties (ICCL), piling more pressure on the country’s data watchdog to take enforcement action over what complainants contend is the “biggest data breach of […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 09/21/2020 06:00 EDT

Language learning service Babbel says it has now sold over 10M subscriptions

Babbel, the popular Berlin-based online language learning service, today announced that it has now sold a total of 10 million subscriptions to its service. For a language learning service, that’s quite a substantial number, especially given that Babbel doesn’t really offer a free tier. In part, the company’s march to 10 million subscriptions was accelerated […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 09/21/2020 01:01 EDT

Kindred Capital closes £81M second fund to back early-stage European startups

Kindred Capital, the London-based VC that backs early-stage founders in Europe, has closed its second seed fund at £81 million. That’s only a tad larger than the the firm’s first fund, which invested in 29 companies and was raised in 2018. Portfolio companies from fund one include Five, which is building software for autonomous vehicles; […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 09/21/2020 00:32 EDT

TikTok fact-checks: US IPO, Chinese ownership, $5B in taxes

There is no shortage of speculations and reports around TikTok’s future in the U.S. Amid a swirl of rumors, TikTok’s Chinese parent ByteDance issued a statement (in Chinese) on Monday morning, bringing clarity to its ongoing deal that has captured global attention over the past few weeks. ByteDance is still the owner China’s ByteDance confirms […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 09/21/2020 00:25 EDT

Indian mobile gaming platform Mobile Premier League raises $90 million

Mobile Premier League (MPL) has raised $90 million in a new financing round as the two-year-old Bangalore-based esports and mobile gaming platform grows its user base and looks to expand outside of India. SIG, early-stage tech investor RTP Global, and MDI Ventures led MPL’s $90 million Series C financing round, with participation from existing investors […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 09/20/2020 17:17 EDT

Thanks to Google, app store monopoly concerns have now reached India

Last week, as Epic Games, Facebook, and Microsoft continued to express concerns about Apple’s “monopolistic” hold over what a billion people can download on their iPhones, a similar story unfolded in India, the world’s second largest internet market, between a giant developer and the operator of the only other large mobile app store. Google pulled […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 09/20/2020 14:56 EDT

How FaZe Clan is continuing to lead the esports world

The esports world is evolving quickly and so are the professional organizations that drive it. FaZe Clan is among the world’s most popular. At TechCrunch Disrupt 2020 we talked to FaZe Clan CEO Lee Trink, investor Troy Carter, and Nick Kolcheff, better known as NICKMERCS, about the shifting industry landscape. Carter first explained the motivation […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 09/20/2020 14:53 EDT

Original Content podcast: ‘Wireless’ shows off Quibi’s Turnstyle technology

“Wireless” is probably the best showcase so far for Quibi’s Turnstyle technology. That’s the technology that allows the streaming video app to switch seamlessly between landscape and portrait mode depending on the orientation of your phone. With other Quibi shows, you’re essentially getting two views of the same footage — but with “Wireless” (which is […] Read more

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TechCrunch
Danny Crichton @ TechCrunch · 09/20/2020 13:07 EDT

Trump administration’s WeChat ban is blocked by U.S. district court

A few days ago, the U.S. Commerce Department published a series of rules that aimed to block the downloading of TikTok and WeChat by American users, following an executive order signed by President Trump back in August. TikTok got a last minute reprieve yesterday following its signing of an investment and cloud services deal with […] Read more

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TechCrunch
Danny Crichton @ TechCrunch · 09/20/2020 08:47 EDT

Gangster capitalism and the American theft of Chinese innovation

It used to be “easy” to tell the American and Chinese economies apart. One was innovative, one made clones. One was a free market while the other demanded payments to a political party and its leadership, a corrupt wealth generating scam that by some estimates has netted top leaders billions of dollars. One kept the […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 09/19/2020 20:08 EDT

The TikTok deal solves quite literally nothing

Well… that was pointless. After debasing the idea of free commerce in the U.S in the name of a misplaced security concern, stringing along several multi-billion dollar companies that embarrassed themselves in the interest of naked greed, and demanding that the U.S. government get a cut of the profits, the TikTok saga we’ve been watching […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 09/19/2020 18:01 EDT

President Trump reportedly has approved the Oracle deal for TikTok’s US operations

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as he left the White House […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 09/19/2020 17:15 EDT

Homeland Security issues rare emergency alert over ‘critical’ Windows bug

Homeland Security’s cybersecurity advisory unit has issued a rare emergency alert to government departments after the recent disclosure of a “critical”-rated security vulnerability in server versions of Microsoft Windows. The Cybersecurity and Infrastructure Security Agency, better known as CISA, issued an alert late on Friday requiring all federal departments and agencies to “immediately” patch any […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 09/19/2020 16:00 EDT

Was Snowflake’s IPO mispriced or just misunderstood?

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading.  Ready? Let’s talk money, startups and spicy IPO rumors. Was Snowflake’s IPO mispriced or just misunderstood? With an ocean of neat stuff to get through […] Read more

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TechCrunch
Megan Rose Dickey @ TechCrunch · 09/19/2020 14:00 EDT

Human Capital: The Black founder’s burden

Welcome back to Human Capital, where we unpack all-things diversity, inclusion and labor in tech. This week, we’re looking at Google’s internal message board problem, as well as some highlights from TechCrunch Disrupt, where I had the pleasure of chatting with actress, producer and tech investor Kerry Washington about her investment strategy and her thoughts […] Read more

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