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Ron Miller @ TechCrunch · 09/08/2020 08:32 EDT

Progress snags software automation platform Chef for $220M

Progress, a Boston area developer tool company, boosted its offerings in a big way today when it announced it was acquiring software automation platform Chef for $220 million. Chef, which went 100% open source last year, had annual recurring revenue (ARR) of $70 million from the commercial side of the house. Needless to say, Progress […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 09/08/2020 08:00 EDT

Google Cloud launches its Business Application Platform based on Apigee and AppSheet

Unlike some of its competitors, Google Cloud has recently started emphasizing how its large lineup of different services can be combined to solve common business problems. Instead of trying to sell individual services, Google is focusing on solutions and the latest effort here is what it calls its Business Application Platform, which combines the API […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 09/08/2020 07:47 EDT

Peloton launches new Bike+ and Tread smart home gym equipment, both at $2,495

Peloton has launched two new products for its home smart gym lineup, the Bike+ ($2,495) and the Tread ($2,495). While both carry the same price tag, the new exercise bike joins as the premium version of Peloton’s original stationary cycle, which will remain on sale at $1,895, and the Tread is the new entry-level Peloton […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 09/08/2020 07:34 EDT

China presents ‘global standard for data security’

As tensions between the U.S. and China heighten over data security issues, Beijing took a proactive step to unveil a “data security initiative” that it believes can serve as “a global standard for data security.” The Chinese State Councilor and Foreign Minister Wang Yi, appearing in a video during a closed-door meeting in Beijing on […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 09/08/2020 07:19 EDT

Microsoft confirms compact, $299 Xbox Series S next-gen game console

Microsoft has confirmed via its official Xbox Twitter account that a discless, tiny Xbox called the Series S will be released alongside its forthcoming Xbox Series X. The Series S was initially leaked late Monday, first by Brad Sams on Twitter, and also by Walking Cat. The Xbox account tweeted an image fo the same […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 09/08/2020 06:30 EDT

Diffblue launches a free community edition of its automated Java unit testing tool

Diffblue, a spin-out from Oxford University, uses machine learning to help developers automatically create unit tests for their Java code. Since few developers enjoy writing unit tests to ensure that their code works as expected, increased automation doesn’t just help developers focus on writing the code that actually makes a difference but also lead to […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 09/08/2020 06:23 EDT

TikTok joins Europe’s code on tackling hate speech

TikTok, the popular short video sharing app, has joined the European Union’s Code of Conduct on Countering Illegal Hate Speech. In a statement on joining the code, TikTok’s head of trust and safety for EMEA, Cormac Keenan, said: “We have never allowed hate on TikTok, and we believe it’s important that internet platforms are held […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 09/08/2020 04:00 EDT

Thunes, a fintech startup serving emerging markets, raises $60 million led by Africa-focused Helios Investment Partners

Thunes, a Singapore-based startup developing a cross-border payments network to make financial services more accessible in emerging markets, announced today it has raised a $60 million Series B. The round was led by Africa-focused firm Helios Investment Partners, with participation from Checkout.com, and returning investors GGV Capital and Future Shape. Thunes launched in 2019 when […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 09/08/2020 04:00 EDT

Skin Analytics raises £4M Series A to use AI for skin cancer screening

Skin Analytics, a U.K.-based startup that has developed a skin cancer screening service that uses artificial intelligence, has raised £4 million in Series A funding. The round was led by Hoxton Ventures, with participation from Nesta and Mustard Seed Ventures. Skin Analytics says it will use the injection of cash to expand its focus to […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 09/08/2020 03:33 EDT

PUBG cuts publishing ties with Tencent Games in India a week after ban

PUBG said on Tuesday Chinese giant Tencent Games will no longer be the publishing partner of the popular game in India as it attempts to allay concerns of New Delhi, which banned the game and 117 other apps last week. Prior to Tuesday’s announcement, Tencent Games published and distributed PUBG Mobile games in India. “Moving […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 09/08/2020 02:34 EDT

Sarbacane, maker of Mailify, raises $27M for marketing tools

Marketing technology — and specifically tools that help companies leverage the internet to connect with customers in a way that is compliant with a new wave of data protection and privacy policies — continues to see a lot of traction with businesses and investors. In the latest development, Sarbacane, the French company that makes the Mailify SaaS-based […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 09/08/2020 02:18 EDT

Silver Lake leads $500 million round in India’s Byju’s

Byju’s has raised $500 million in a new financing round that valued the Indian online learning platform at $10.8 billion, a source familiar with the matter said. The round is lead by Silver Lake, and existing investors Tiger Global, General Atlantic and Owl Ventures have also participated in it, Byju’s said in a statement, but […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 09/08/2020 00:09 EDT

Do Ventures launches $50 million fund for Vietnamese startups, backed by Naver, Vertex and other notable LPs

New investment firm Do Ventures announced today the first closing of its fund for Vietnamese startups, which is backed by several of Asia’s most notable institutional investors. Called Do Ventures Fund I, the investment vehicle has hit more than half of its $50 million target, with limited partners including Korean internet giant Naver; Sea, whose […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 09/07/2020 19:01 EDT

Revolut launches its financial app in Japan

Fintech startup Revolut is expanding to Japan. After testing the service with 10,000 users, anybody can now sign up and open an account. The company originally obtained its authorization to operate from Japan’s Finance Service Agency in 2018. When you open an account, you get an electronic wallet and a Visa debit card. You can […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 09/07/2020 18:19 EDT

Dutch payments startup Mollie raises $106M at $1B+ valuation

E-commerce has seen a huge jump in the last eight months, driven by consumers shopping more for goods online while spending more time at home during the COVID-19 pandemic. Today, a payments startup out of Amsterdam that has itself seen a surge of growth this year as a result of that is announcing a big […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 09/07/2020 17:05 EDT

The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. As […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 09/07/2020 16:01 EDT

The Shed is a startup out of Virginia trying to revive the rental-for-everything business

Reducing consumption by expanding the notion of the rental economy and giving people access to tools and equipment has been something of a startup holy grail for some time. It’s a model that’s worked famously well for fashion and accessories (just ask investors in Rent the Runway), but has had not had the same resonance […] Read more

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TechCrunch
Megan Rose Dickey @ TechCrunch · 09/07/2020 12:30 EDT

Human Capital: Workers are upset about labor practices, and Amazon and Apple are on the defensive

Happy Labor Day and welcome back to Human Capital, where we unpack the latest in tech labor, and diversity, equity and inclusion. Human Capital will soon be available as a newsletter. Sign up here so you don’t miss it when it drops! This week, we’re looking at Pinterest’s newest edition to its DEI team, a […] Read more

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TechCrunch
Alexandra Ames @ TechCrunch · 09/07/2020 12:00 EDT

5 Reasons you need to attend TC Sessions: Mobility 2020

Get ready to spend two days rubbing virtual elbows with the global mobility community’s best and brightest minds and makers. TC Sessions: Mobility 2020 takes place October 6-7, and we’ve packed the agenda with experts, interviews, demos, panel discussions, breakout sessions and a metric ton of opportunity. Speaking of opportunity, savvy startuppers know to take […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 09/07/2020 11:19 EDT

This Labor Day, spare a thought for the workers who made your doorstep delivery possible

This Labor Day, it’s time to think about how corporations can better support and protect this vital but often forgotten segment of the workforce. Read more

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