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The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. WeWork confirms an up to $8 billion lifeline from SoftBank Group; names new executive chairman Confirming earlier reports, The We Company […]
Tesla is scheduled to report its third-quarter earnings after the market closes today. The earnings report comes at a critical time for Tesla as it prepares to begin production of the Model 3 at its new China factory. This earnings report, its first without co-founder and CTO JB Straubel on the job, is particularly important […]
OnePlus’ 5G strategy has marked something of a shift for a company that has traditionally prided itself in a slow and steady approach to new features. Following the arrival of the OnePlus 7 Pro 5G this summer, the company is announcing its second 5G device for the U.S. market. This time, it’s opted for its […]
India said on Wednesday it plans to spend nearly $6 billion to revive loss-making state-funded telecom operators Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL). In a press conference, telecom minister Ravi Shankar Prasad said today the Narendra Modi government has given its in-principle approval to the merger of BSNL and MTNL […]
Harnessing new networking technologies that can turn any real-estate developer into their own wireless internet service provider, Wander is launching a $25 per month high-speed networking service for the lucky citizens of Santa Monica, Calif. The brainchild of a former Disney analyst, David Fields, and a former Intuit engineer, Dan Rahmel, Wander uses low-cost wireless […]
Electric-bike maker Cowboy recently let me spend a couple of weeks with one of their e-bikes. It’s a well-designed e-bike that makes biking effortless, even if you’re going uphill. Cowboy is a Brussels-based startup. The company raised a $3 million seed round a couple of years ago and an $11.1 million (€10 million) Series A […]
Jeffrey Katzenberg’s mobile-only streaming service Quibi hasn’t even launched, but it’s already sold out of its $150 million first-year advertising inventory, the company announced this morning. The service, which officially debuts in April 2020, added new advertisers Discover, General Mills, T-Mobile, and Taco Bell, who join Quibi’s existing lineup of ad partners, Procter & Gamble, […]
Congress grilled Facebook’s CEO today, unleashing critiques of his approach to cryptocurrency, privacy, encryption, and running a giant corporation. Mark Zuckerberg tried to assuage their fears while stoking concerns that if Facebook doesn’t build Libra, then the world will end up using China’s version. Yet Facebook won’t stop shaking up society, with Zuckerberg saying its […]
There’s no shortage of lidar solutions available for autonomous vehicles, drones, and robots — theoretically, anyway. But getting a lidar unit from theory to mass production might be harder than coming up with the theory in the first place. Sense Photonics appears to have made it past that part of the journey, and is now […]
TikTok today released a new set of safety videos designed to playfully inform users about the app’s privacy controls and other features — like how to filter comments or report inappropriate behavior, among other things. One video also addresses TikTok’s goal of creating a “positive” social media environment, where creativity is celebrated and harassment is […]
