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Eduardo Saverin will forever be known for co-founding Facebook 16 years ago with four other Harvard classmates (one of whom is still running the company). But even before leaving in 2009 for Singapore with his shares of the company, Saverin’s attention was on startup investing, and since 2015

A district court denied Epic Games’ motion to temporarily restore the Fortnite game to the iOS App Store, but also ordered Apple to not block the gaming giant’s ability to provide and distribute Unreal Engine on the iPhone-maker’s ecosystem in a mixed-ruling delivered Monday eveni

After restricting access to a popular group with posts critical of Thailand's monarchy, Facebook is planning legal action against the Thai government, which the social media giant says forced it to restrict content deemed to be illegal. On Monday, Reuters reported access to Royalist Marketplace

For iRobot, much of the last several years has been devoted to making its line of home-cleaning robots smarter. There hasn't been much in the way of new hardware in a while, as the company focuses on things like connectivity, smart home integration and smarter cleaning. This latest update touch

Researchers at MIT’s Computer Science and Artificial Intelligence Lab (CSAIL) have developed a way for a fully wireless system to monitor not only movement and vital signs contact-free, but also to track activities — in a more privacy-preserving way without using video. The system has t

Palantir’s mysterious work and its founding origins with Trump ally and anti-press crusader Peter Thiel have inspired a number of controversies in recent years, none as divisive as its ongoing business with ICE. But with a direct listing around the corner, the famously secretive company is i

Asana, the project management software developer, dropped its filing for a direct listing on one of the busiest days of a surprisingly busy late summer. The task management toolkit provider started by Facebook co-founder Dustin Moskovitz and early FB employee Justin Rosenstein isn’t as well k

The path to deploying commercial aircraft that can handle all aspects of flight without a pilot is long, winding, expensive and riddled with regulatory and technical hurdles. Marc Piette, the founder of autonomous aviation startup Xwing, aims to make that path to pilotless flight shorter and more c

Today was part one of Y Combinator’s two-parter Summer 2020 Demo Day, where nearly 100 companies debuted their efforts to the world for the first time. The Summer 2020 batch of companies was the first fully remote YC cohort, with the ongoing pandemic leading the accelerator to take its progra

It’s been quite a day in the tech world, with a bushel of S-1s being filed to go public. Not to be left out, the ever acquisitive Palo Alto Networks announced its intent to acquire The Crypsis Group, an incident response, risk management and digital forensics consulting firm, for a crisp $265

Startup incubator and investment group Y Combinator today held the first of two demo days for founders in its Summer 2020 batch. So far, this cohort contains the usual mix of bold, impressive and, at times, slightly wacky ideas young companies so often show off. This was Y Combinato

TikTok fights its U.S. ban, Twitter takes action against another Trump tweet and Unity files to go public. This is your Daily Crunch for August 24, 2020. The big story: TikTok sues the U.S. government TikTok is fighting back against the Trump administration’s decision to ban t

Today is the day for huge VC returns. We talked a bit about Sequoia's coming huge win with the IPO of game engine Unity this morning. Now, Sequoia might actually have the second largest return among companies filing to go public with the SEC today. Sequoia strikes gold with Unity's IPO fili

Snowflake filed to go public today joining a bushel of companies making their S-1 documents public today. technewss has a longer digest of all the IPO filings coming soon, but we could not wait to get into the Snowflake numbers, given the huge anticipation that the company has generated in recent