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Grid, a SaaS startup founded in Iceland that lets you turn spreadsheets into visual “narratives,” has closed $12 million in Series A funding. The round is led by New Enterprise Associates (NEA), with participation from existing investors BlueYard Capital, Slack Fund, Acequia Capital and

Xiaomi reported a revenue of $7.77 billion for the quarter that ended in June this year, up 3.1% since the same period last year and up 7.7% over the previous quarter as the Chinese smartphone maker sees recovery in most of its overseas markets. The company, which appointed Alain Lam (former APAC s

Building out its previous commitment, the White House is announcing a $1 billion investment into two of tech’s most promising frontiers, AI and quantum computing. Last year, the Trump administration rolled out an executive order on AI declaring its intention to bolster U.S. dominance in the f

The once-pioneering BlackBerry is pretty much out of the smartphone manufacturing game, but the Canadian company has been busy transitioning to providing software for connected devices, including smart cars. Now it has brought that section of its business to China. This week, BlackBerry announced t

A lagging trend of the past few months has been witnessing startups that COVID-19 seemed poised to kill end up scaling back some of those deep cuts and taking off again. Not all spaces have been quite so lucky; in particular, lately we’ve seen a host of location-based virtual reality startups

FTX, a cryptocurrency exchange that offers derivatives, options and other sophisticated products, is acquiring a popular portfolio tracking app, Blockfolio. FTX is spending $150 million for the acquisition. But take that price with a grain of salt, as it's a combination of cash, cryptocurrency

Axon, the company formerly known as Taser and which provides the majority of police body cameras, has a few new tech tools for cops that could cut down on paperwork and improve response times. But at a time when the fundamental means and mission of police is being questioned, is this what’s r

Last month’s ruling by the Court of Justice of the European Union (CJEU), ripping up the EU-US Privacy Shield and sewing doubt over alternative mechanisms, has put a cat among the pigeons of international data transfers. For Facebook the impact could fall like a cleaving sword as its business

Epic Games wins a victory against Apple, Fitbit announces a new smartwatch and Microsoft Word adds a transcription feature. This is your Daily Crunch for August 25, 2020. The big story: Judge says Apple can’t block Unreal Engine U.S. District Court Judge Yvonne Gonzalez Rogers

And we’re back! Today was part two of Y Combinator’s absolutely massive Demo Day(s) event for its Summer 2020 class. As we outlined yesterday, this is the first YC accelerator class to take place entirely online, from the day zero interviews all the way on through to their eventual demo

New York-based startup Muze is rethinking mobile messaging. While today’s messaging apps have expanded over the years to include support for sharing photos and videos, voice messages, reactions and more, Muze has fully redesigned the traditional messaging experience as a blank canvas, allowin

Figma for filmmakers, TikTok for English learners and a cryptocurrency twist that actually makes sense? After 197 pitches, Y Combinator's Demo Day for its Summer 2020 cohort has concluded. While the fanfare, run-ins and fortune cookies were missing in this virtual session, it was still exciting

Porsche is rolling out a less expensive subscription plan in four U.S. cities as the German automaker experiments with different pricing and products in an effort to expand its customer base. Porsche now has three plans, or tiers, that are all housed under its newly rebranded Porsche Drive vehicle

COVID-19 is proving to be a massive driver for robotics investments — and for good reason. Robots don't call in sick, and they're far less likely to be disease vectors than their human counterparts. Companies attempting to keep the lights on during this and potential future pandemics are