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The highest valued company in Bessemer’s annual cloud report has defied convention by staying private This year’s Bessemer Venture Partners’ annual Cloud 100 Benchmark report was published recently and my colleague Alex Wilhelm looked at some broad trends in the report, but digging into the data, I decided to concentrate on the Top 10 companies by valuation. I found that the top company has defied convention for a couple of […]
Calling Helsinki VCs: Be featured in The Great TechCrunch Survey of European VC TechCrunch is embarking on a major new project to survey the venture capital investors of Europe, and their cities. Our <a href=”https://forms.gle/k4Ji2Ch7zdrn7o2p6”>survey of VCs in Helsinki will capture how the city is faring, and what changes are being wrought amongst investors by the coronavirus pandemic. (Please note, if you have filled the survey out already, […]
European Commission to appeal decision that reversed Apple’s $15B State Aid tax bill in Ireland It’s not over until it’s over for Apple and its ongoing tax headache in Europe. Today the European Commission announced that it plans to appeal the July 2020 ruling that overturned the original $15 billion fine that it leveled against Apple and Ireland over State Aid and taxes, as it believes the General Court “made […]
Cambridge Analytica’s former boss gets 7-year ban on being a business director The former CEO of Cambridge Analytica, the disgraced data company that worked for the 2016 Trump campaign and shut down in 2018 over a voter manipulation scandal involving masses of Facebook data — has been banned from running limited companies for seven years. Alexander Nix signed a disqualification undertaking earlier this month which the UK […]
This new Southeast Asian fund has its eye on Chinese cross-border firms As U.S.-China relations remain tense, Southeast Asia becomes the darling for investors and tech companies from both sides as they seek overseas expansion. Behemoths like Google, Facebook, Alibaba, Tencent and ByteDance have elbowed into the region. Some set up shop, while others formed alliances and took stakes in local startups. Now five prominent investors originating […]
Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief executive officer Mario Suntanu told TechCrunch that the capital will be used to expand into more major cities and on developing its tech platform, including […]
Google Meet and other Google services go down (Updated) Google’s engineers aren’t having a good day today. This afternoon, a number of Google services went offline or are barely reachable. These services include Google Meet, Drive, Docs, Analytics, Classroom and Calendar, for example. While Google’s own status dashboards don’t show any issues, we’re seeing reports from around the world from people who aren’t able […]
Writer Anand Giridharadas on tech’s billionaires: “Are they even on the same team as us?” Since the start of the coronavirus pandemic, America’s roughly 640 billionaires have seen their fortunes soar by $845 billion in combined assets or 29% collectively, widening the already yawning gap between the very richest and the rest of the U.S. Many of those billions were made by tech founders, including Mark Zuckerberg, Jeff Bezos, and […]
The eSIM maker powering Xiaomi’s IoT devices raises $15M Connectivity is vital to a future managed and shaped by smart hardware, and Chinese startup Showmac Tech is proposing eSIMs as the infrastructure solution for seamless and stable communication between devices and the service providers behind. Xiaomi accepted the proposition and doled out an investment for the startup’s angel round in 2017. Now Showmac has […]
Anduril among companies tapped to build the Air Force’s ‘internet of things’ for war Palmer Luckey’s young defense company has been selected by the Air Force for work on a cutting-edge, multibillion-dollar nervous system for war. Luckey announced on his Twitter account Thursday that Anduril was one of the selected vendors for the project, known as the Advanced Battle Management System (ABMS). Over the last four months, the Air […]
You can now return Apple’s Solo Loop for a new size, without sending back the Watch Call it Apple Bandgate, if you must. It’s the latest online dustup, following Apple’s recent Watch Series 6 release. The announcement of the Solo Loop was more or less glossed over during last week’s big event, because, well, watch bands don’t often take center stage at hardware events. As is often the case, retail availability […]
Launch Center Pro lets you build custom icons to customize your iOS 14 home screen Launch Center Pro, an iOS utility that offered widgets and custom icons long before they were allowed on the iPhone’s home screen, is bringing its design tools to iOS 14. The app aims to capitalize on the recent trend toward home screen personalization by offering a set of over 7,000 glyphs and emoji that can […]
Daily Crunch: Amazon unveils its own game-streaming platform Amazon announces a new game service and plenty of hardware upgrades, tech companies team up against app stores and United Airlines tests a program for rapid COVID-19 testing. This is your Daily Crunch for September 24, 2020. The big story: Amazon unveils its own game-streaming platform Amazon’s competitor to Google Stadia and Microsoft xCloud is […]
Free VPNs are bad for your privacy VPNs are in high demand as Americans scramble to keep access to TikTok and WeChat amid a looming government ban. There are dozens of free VPNs out there that promise to protect your privacy by keeping you anonymous on the internet and hiding your browsing history. Don’t believe it. Free VPNs are bad for you. […]
Fitbit Sense review The Versa helped Fitbit reverse its fortunes after a long, gradual slide. The company was slow to embrace the smartwatch, and stumbled somewhat out of the gate with the Ionic. But the Versa found a perfect sweet spot that build atop generations of wearable health knowhow, key acquisitions like Pebble and a pricing sweet spot […]