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It's official. Boston Dynamics is becoming part of the Hyundai family (pending regulatory approval, naturally). The Waltham, Massachusetts-based robot maker confirmed in a press release today that the South Korean technology company is acquiring controlling interest. The deal, which values the

Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its busin

All over the world startups are piling into the space marked “virtual interaction and collaboration”. What if a startup created a sort of “Club Penguin for adults”? Step forward Cosmos Video, which has a virtual venues platform that allows people to work, hang out and socialize toge

Massachusetts Governor Charlie Baker has returned a police reform bill back to the state legislature, asking lawmakers to strike out several provisions — including one for a statewide ban on police and public authorities using facial recognition technology, the first of its kind in the United Sta

We try out Apple’s new headphones, Spotify resets passwords and Airbnb goes public. This is your Daily Crunch for December 10, 2020. The big story: First impressions of the AirPods Max Our fearless leader Matthew Panzarino has written what he insists is “not a reviewR

Swell Energy, an installer and manager of residential renewable energy, energy efficiency and storage technologies, is raising $450 million to finance the construction of four virtual power plants representing a massive amount of energy storage capacity paired with solar power generation. It’

Disney just wrapped up the first segment of an investor day in which it laid out its plans for its direct-to-consumer streaming business, including Disney+, Hulu, ESPN+ and Hotstar/Star. The company kicked off the presentation with some new subscriber numbers — 86.8 million for Disney+ (roughly 3

The stunning debut of the food delivery company DoorDash on the public market this week has plenty of people puzzled. While undeniably fast-growing, the unprofitable delivery company has come under fire numerous times over its employment practices, and its IPO, like that of other gig-economy compan

An independent panel of experts has recommended the Food and Drug Administration (FDA) approve an official Emergency Use Authorization (EUA) for the Pfizer and BioNTech COVID-19 vaccine. This means that it’s one step closer to beginning to be administered to people in special circumstances &#

Disney+, the on-demand streaming service that launched a year ago and has already courted over 86 million subscribers, is ready to expand to more international markets. At its annual investor day Thursday, the American entertainment giant announced a new streaming brand called “Star” that will

If you’ve ever had a Father’s Day ad offering great deals for your dead dad sail into your inbox, you know that online advertising can be disturbing sometimes. Children’s gifts for people struggling to get pregnant, pet toys for your deceased doggo, the list goes on. Google is tak

Gorgias announced today that it has raised $25 million in Series B funding, bringing the startup’s pre-money valuation to $300 million. When the company raised its Series A just over a year ago, CEO Romain Lapeyre (who founded Gorgias with CTO Alex Plugaru) told me that it works with e-commer

Welcome to technewss’s 2020 Holiday Gift Guide! Need help with gift ideas? We’re here to help! We’ll be rolling out gift guides from now through the end of December. You can find our other guides right here. Crafting and DIY tools are wonderful gifts right now. We’re all st

After pricing above its raised range last night, Airbnb opened this morning at $146 per share, up around 115% to kick off its life as a public company. The company is now worth $158 per share. Using its IPO share count inclusive of shares reserved for underwriters, the company is worth $95.1 billio