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TransferWise, a European fintech unicorn, announced the financial results of its fiscal year ending March, 2020. The company posted strong growth, continued profit and new customer records. TransferWise was most recently valued at $5 billion during a secondary sale worth $319 million in July of thi

Caura, a new U.K. startup that aims to take the hassle out of car ownership, is breaking cover today. Founded by Sai Lakshmi, who previously co-founded Echo, the medication management service acquired by LloydsPharmacy owner McKesson, Caura is an iOS app designed to manage all of the vehicle-relate

For Tesla to reach the ambitious goal of 10 to 20 terawatt hours of battery production per year that the company has set, it will need to advance the battery and its production. Today, during Tesla’s self-described Battery Day event, the company laid out a series of innovations that its CEO E

Tesla has fundamentally redesigned the way that its battery packs integrate into their vehicles, turning them into structural elements of the car, rather than just fuel sources on their own. At Tesla’s Battery Day event on Tuesday, Elon Musk compared this to how commercial aircraft used to lo

Microsoft takes on Twilio, Google launches a work-tracking tool and Mirakl raises $300 million. This is your Daily Crunch for September 22, 2020. The big story: Microsoft launches Azure Communication Services Microsoft announced today that it’s ready to compete with Twilio by

With the most uncertain election in modern American history fast approaching, social networks are doing a final big push to get their users registered to vote. The efforts align with National Voter Registration Day, which punctuates ongoing efforts from companies like Twitter, Facebook and Snapchat

The Miami-based startup Papa has raised an additional $18 million as it looks to expand its business connecting elderly Americans and families with physical and virtual companions, which the company calls “pals.” The company’s services are already available in 17 states and Papa i

This Gillmor Gang episode is as much about what we didn't talk about as what we did. In the run up to the recording session, we somehow suspected we'd talk about Apple's virtual event on Tuesday. Then, 15 minutes after we finished, RBG lost her battle to keep the Supreme Court from tip

Carnegie Mellon University and spin-off space startup Astrobotic are developing a robotic rover to look for water on the moon, and the little bot just passed the crucial preliminary design review phase, putting it one step closer to its inaugural mission planned for 2022. MoonRanger is aiming to b

Facebook removed two networks of fake accounts spreading government propaganda on the platform Tuesday, one originating in China and one in the Philippines. In its latest report on this kind of coordinated campaign, the company says it took down 155 Facebook accounts, 11 pages, nine groups and seve

While electric scooters first launched at scale in the U.S., they quickly made their way overseas. Now, there’s a bustling electric scooter market in Europe, China, Latin America and one that’s growing in parts of Africa. At TC Sessions: Mobility 2020 on October 6 & 7, we’ll e

Millions of homes have voice-enabled devices, but when was the last time you heard a piece of synthesized speech longer than a handful of seconds? WellSaid Labs has pushed the field ahead with a voice engine that can easily and quickly generate hours of voice content that sounds just as good or bet

Despite a surging stock market and many major tech players having record quarters, we're still seeing layoffs throughout tech and the rest of corporate America. Salesforce recorded a huge quarter, passing $5 billion in revenue, only to lay off around 1000 people. LinkedIn is laying off 960 pe

Last week at technewss Disrupt, technewss media and advertising reporter Anthony Ha sat down with Blavity CEO Morgan DeBaun and The Shade Room CEO Angelica Nwandu to chat about their respective media companies, 2020 in the media world and how they view a recent conversation inside of media to hir