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Porsche has always gone its own way when it comes to creating new vehicles. It is, after all, the company that continues to stick to the wacky idea that putting the weight of an engine in the rear of a sports car is a great idea. (It is!) So, bucking the crossover trend to create an all-electric, s

Spotify launches paid podcast support, Amazon announces new tablets and we unveil the agenda for TC Sessions: Mobility. This is your Daily Crunch for April 27, 2021. The big story: Spotify adds support for paid podcasts As first announced in February, Spotify is now allowing podcast

Rather than a CEO-slamming sound bite free-for-all, Tuesday’s big tech hearing on algorithms aimed for more of a listening session vibe — and in that sense it mostly succeeded. The hearing centered on testimony from the policy leads at Facebook, YouTube and Twitter rather than the chief exe

This afternoon Alphabet, Microsoft and Pinterest reported their quarterly earnings results for the first three months of 2021. Microsoft and Pinterest have rapidly lost value after reporting their results, while Alphabet appreciated after its own earnings download. Sparing you a deluge of numbers,

Exyn Technologies announced Tuesday that it has achieved what it considers the highest level of aerial autonomy reached within the industry. The key to the achievement is that Exyn drones are immune to GPS signal loss, meaning all spatial and mapping computations are done onboard, the company said.

Let's be clear: The venture capital industry has lacked diversity. The good news is the industry is working to improve itself. To begin with, as an industry, venture capital can only improve what we measure. In 2016, we set out to develop a rigorous methodology for tracking progress on diversit

Red Hat CEO Paul Cormier runs the centerpiece of IBM’s transformation hopes. When Big Blue paid $34 billion for his company in 2018, it was because it believed it could be the linchpin of the organization’s shift to a focus on hybrid computing. In its most recent earnings report, IBM po

technewss’s Early Stage 2021 is back for part two of our bootcamp-for-entrepreneurs event, with a focus on marketing and fundraising. Building on the first half of the event in April, this two-day virtual sprint will take place July 8 & 9, and we’re thrilled to welcome Rebecca Reev

Tech innovation is becoming more widely distributed across the United States. Among the five startups launched in 2020 that raised the most financing, four were based outside the Bay Area. Prominent VCs like Keith Rabois of Founders Fund, David Blumberg of Blumberg Capital, and Joe Lonsdale of 8VC

"">TC Sessions: Mobility is back and we're excited to give you the first look at who is coming to the main stage and what we plan to talk about. The event will be virtual, but never fear, we will bring you the same informative panels and provocative one-on-one interviews and networking you’

San Antonio-based Plus One Robotics today announced a $33 million Series B. The round follows an $8.3 million Series A announced in 2018 and brings the company's total funding to north of $40 million. The round, led by McRock Capital and TransLink Ventures, features BMWi Ventures, Kensington Ca

Materials Zone, a Tel Aviv-based startup that uses AI to speed up materials research, today announced that it has raised a $6 million seed funding round led by Insight Partners, with participation from crowdfunding platform OurCrowd. The company’s platform consists of a number of different to

When Amazon debuted AWS DeepRacer in 2018, it was meant as a fun way to help developers learn machine learning. While it has evolved since and incorporated DeepRacer competitions, today the company announced it was adding a new wrinkle. It’s open sourcing the software the company created to r

Ford Motor Company will open a $185 million R&D battery lab to develop and manufacture battery cells and batteries, a first step toward the automaker possibly making battery cells in-house. The facility comes as yet another signal to consumers and other automakers that the auto giant is no long