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No one likes having to go to the automotive repair shop. There’s little transparency into what happens after a car is dropped off, invoices are often little more than a series of illegible bullet points, and the ordeal can feel chaotic. AutoLeap, a six-month-old, Toronto-based startup that qu

China’s embattled coffee delivery startup Luckin has reached a settlement with the U.S. Securities and Exchange Commission, agreeing to pay a $180 million penalty to settle charges that it overstated its revenues, expenses and losses by the hundreds of millions of dollars. The announcement by

French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now raising another $86 million, which means that Lydi

Facebook takes aim at Apple, Texas sues Google and we interview the CEO of Boston Dynamics. This is your Daily Crunch for December 16, 2020. The big story: Facebook escalates Apple criticism Facebook took a big swing at Apple’s upcoming app tracking restrictions today with ful

It took an unusually long time, but HBO Max is set to launch on Roku devices tomorrow. Roku users make up a massive chunk of the cord-cutting market, so the absence of an HBO Max app for Roku nearly seven months after the service launched was pretty glaring. We’d been wondering where the Max

Earlier today, technewss reported that consumer reseller marketplace StockX raised $275 million at a valuation of approximately $2.8 billion. Selling a tenth of your company for north of a quarter-billion may be somewhat common among late-stage software startups with tremendous growth, but one kno

A lot can change in a year. Especially this year. For Boston Dynamics, the past 12 months have brought a number of radical changes traditionally not seen at 30-year-old businesses of its size. It's a list that includes the first new CEO in the company's history, wide availability of its fir

Amazon SVP of Devices & Services David Limp joined us at TC Sessions: Space today, and he shared some new details about the company’s Project Kuiper broadband satellite constellation. Limp shared more details on the technical design challenges that the Kuiper team solved with its revoluti

With COVID-19 vaccinations just beginning, Twitter will ramp up its efforts to tamp down conspiracy theories that might discourage people from getting the vaccine. The newly expanded rules apply to debunked information about the adverse effects of getting vaccinated, misleading tweets claiming the

In November, Californians voted to pass Proposition 24, a ballot measure that imposes new regulations on the collection of data by businesses. As part of the California Privacy Rights Act (CPRA), individuals will now have the right to opt out of the sharing and sale of their personal information, w

Few young software companies have had as great a year as San Diego-based ClickUp. The company, which makes business productivity tools for task management, goals and docs, raised its first bit of outside funding in mid-2020. Just six months later, it has reached a $1 billion valuation after doublin

The state of Texas announced Wednesday that it will sue Google, accusing the search giant of maintaining an illegal monopoly in online advertising. Texas will be joined by Arkansas, Indiana, Kentucky, Missouri, Mississippi, South Dakota, North Dakota, Utah and Idaho, according to reporting from Reu

Facebook already made it clear that it isn’t happy about Apple’s upcoming restrictions on app tracking and ad targeting, but the publicity battle entered a new phase today. Over the summer, Apple announced that beginning in iOS 14, developers will have to ask users for permission in ord

In 20 years of working for startups, I’ve never seen as many plot twists and turns as I have in the last several months. Times are tough. But, from the perspective of raising capital, 2020 has not been an awful time to be a startup founder. The world has changed, but the fundamentals of raisi