Horizon Robotics, a Chinese rival to Nvidia, seeks to raise over $700M
In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from investors. Horizon Robotics, a five-year-old unicorn specializing in AI chips for robots and autonomous vehicles, announced Tuesday that it has secured $150 million i
Snoop Dogg’s Casa Verde Capital closes on $100 million as the cannabis industry bounces back
Casa Verde Capital, the investment fund co-founded by cannabis connoisseur Snoop Dogg (also known as Calvin Broadus), has closed on $100 million for its second investment fund, according to documents filed with the SEC.
The fund, whose managing director, Karan Wadhera declined to comment for this a
Google, Cisco and VMware join Microsoft to oppose NSO Group in WhatsApp spyware case
A coalition of companies have filed an amicus brief in support of a legal case brought by WhatsApp against Israeli intelligence firm NSO Group, accusing the company of using an undisclosed vulnerability in the messaging app to hack into at least 1,400 devices, some of which were owned by journalis
Daily Crunch: Stimulus bill includes money for broadband and energy
We look at the tech implications of the new stimulus bill, Lockheed Martin makes a big rocket engine acquisition and Google Cloud expands. This is your Daily Crunch for December 21, 2020.
The big story: Stimulus bill includes money for broadband and energy
The $900 billion pandemic
The ‘Apple car’ chatter is back with new reports pointing to a 2024 launch date
The demise of the Apple car, the technology giant’s not-so-secret secret project, was perhaps overstated. Apple’s so-called Project Titan, which last year reduced the team by some 200 employees, is not only alive, it has plans to produce an electric passenger vehicle with “breakth
Peloton to acquire fitness equipment maker Precor in $420M bid to grow commercial business
Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever spent time in a hotel or standalone commercial gym, which is exactly why Peloton making this purchas
Despite economic downturn, space startup funding defies gravity
The COVID-19 pandemic might have upended the global economy, but according to Meagan Crawford at Spacefund and Chris Moran with Lockheed Martin Ventures, it didn’t dampen investment in space startups.
Spacefund research conducted earlier this year found that there is almost no correlation bet
After the FireEye and SolarWinds breaches, what's your failsafe?
"speakable-summary" dir="ltr">The security industry is reverberating with news of the FireEye breach and the announcement that the U.S. Treasury Department, DHS and potentially several other government agencies, were hacked due (in part, at least) to a supply chain attack on SolarWinds.
These breach
Dedicated commercial human in-space operations are coming sooner than you may realize
If you’ve ever heard someone refer to the idea of “working in space,” you’d be forgiven for thinking they were describing a science-fiction plot. But the number of humans actively working beyond Earth’s atmosphere — and living significant chunks of their lives th
Twitter expands API features for developers tracking the public conversation
Twitter is rolling out new features to its developer community with an update to its recently rebuilt Twitter API. One addition to the now expanded collection of API v2 endpoints will allow app developers to eventually better support Twitter’s newer conversation controls — the feature t
Silicon Valley should reward zebras, not unicorns
Editor’s note: In a wide-ranging essay written in 2017, Jennifer Brandel, Mara Zepeda, Astrid Scholz and Aniyia Williams coined the term 'zebra' to define an all-inclusive movement whose focus is on startups building businesses that approach issues from a social impact lens and
Fintech startups are increasingly focusing on profitability
Fintech startups have been massively successful over the past few years. The biggest consumer startups managed to attract millions — sometimes even tens of millions — of users and have raised some of the biggest funding rounds in late-stage venture capital. That's why they've also reach
3 VCs discuss space junk and what else they’re betting on right now
Space may be the final frontier, but in terms of investment, VCs are just getting started. With that in mind during TC Sessions: Space 2020 last week, we spoke to three investors who’ve been actively funding what could become tomorrow’s biggest companies to learn where they might focus
Google expands its cloud with new regions in Chile, Germany and Saudi Arabia
It’s been a busy year of expansion for the large cloud providers, with AWS, Azure and Google aggressively expanding their data center presence around the world. To cap off the year, Google Cloud today announced a new set of cloud regions, which will go live in the coming months and years. The