Harness, the startup that wants to create a suite of engineering tools to give every company the kind of technological reach that the biggest companies have, announced an $85 million Series C today on a $1.7 billion valuation. Today’s round comes after 2019’s $60 million Series B, which had a …
Read More »Plaid CEO touts new ‘clarity’ after failed Visa acquisition – TechCrunch
Yesterday, we spoke with Plaid CEO and co-founder Zach Perret after news broke that Visa no longer plans to buy his company for $5.3 billion. The deal was heralded in early 2020 as a sign of the growing importance of fintech startups. Then it failed to close, eventually running into …
Read More »Wall Street hugs Affirm as it starts life as a public company – TechCrunch
The 2021 IPO market could reprise 2020’s exuberance And we’re off to the races! Last night, Affirm priced its IPO above its raised range at $49 per share, a sign that the public markets remain hungry for new listings. Provided that Affirm today trades similarly to how it priced, we …
Read More »Netflix releases latest diversity numbers – TechCrunch
Netflix has released its first-ever diversity and inclusion report. Though, it’s not the first time Netflix has shared this type of data. Netflix has shared representation numbers since 2013, but the company had not put a bow on it until now. Worldwide, women make up 47.1% of Netflix’s workforce. Since …
Read More »The Cadillac personal drone is the cadillac of personal drones – TechCrunch
GM revealed Tuesday a Cadillac -branded electric vertical takeoff and landing drone concept that is designed — if it’s ever built — to let owners cruise the skies in isolated luxury. The single seat eVTOL, which was showcased alongside an autonomous vehicle during GM’s keynote presentation at the virtual 2021 …
Read More »Sony reveals more details on its secretive Vision-S sedan – TechCrunch
Sony’s Vision-S prototype sedan, one of the biggest surprises at CES last year, didn’t fade away after the tech trade show ended. The Vision-S is back in a series of new videos released by Sony during 2021 CES, which kicked off Monday. Two videos show the Vision-S prototype driving on …
Read More »Sony unveils AirPeak, its camera-carrying video drone – TechCrunch
When Sony teased the AirPeak late last year, it didn’t give us much to go one. We knew the consumer electronics giant was finally getting in the drone business — but beyond that, not much else. Just a dark image or two from some piece of the UAV. At CES …
Read More »Google Stadia and Nvidia GeForce Now are coming to LG TVs – TechCrunch
LG spent a good chunk of its CES press conference talking about its lineup of TVs for 2021. You can expect bigger, slimmer and brighter TVs. I’m not going to list the specifications of new models. But there are a few new features that are worth mentioning. LG doesn’t use …
Read More »The next Zoom wants to be nothing like Zoom – TechCrunch
Want this newsletter in your inbox every Saturday morning? Sign up here. In the past few months, there hasn’t been one conversation I’ve had about remote work that doesn’t include a mention of Hopin, a virtual events platform last valued at $2.1 billion. For a company only a little older than …
Read More »Apple suspends Parler from App Store – TechCrunch
Apple confirmed that it has suspended the conservative social media app Parler from the App Store, shortly after Google banned it from Google Play. The app, which became a home to Trump supporters and several high-profile conservatives in the days leading up to the Capitol riots, had been operating in …
Read More »Roku buys Quibi’s content library – TechCrunch
Quibi’s content will live on, Hyundai may partner with Apple and Donald Trump returns to Twitter. This is your Daily Crunch for January 8, 2021. The big story: Roku buys Quibi’s content library If you’re wondering what will happen to Quibi shows like “Most Dangerous Game” and “Chrissy Court,” wonder …
Read More »The Roblox Gambit – TechCrunch
Also: Who is really mispricing companies? So it turns out that Roblox is worth $29.5 billion. That’s the lesson the market learned this week when the gaming platform company announced that it had raised $520 million in an epic Series H. For a company valued at just $4 billion last …
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