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Lucid Motors completes $700M factory to produce its first electric vehicles

Electric automaker Lucid Motors has completed the initial phase of its $700 million factory, a milestone required to begin production of its first luxury all-electric Air sedan this spring. The factor

China’s Chang’e-5 lunar lander successfully lands on the Moon

Chinese state news agencies are reporting a successful landing of the Chang’e-5 lunar robotic lander, which will seek to return lunar rock samples back to Earth. The launch took off on November

Join us for a live Q&A with Sapphire’s Jai Das today at 2 pm EST/11 am PST

The conversation is part of the second season of our Extra Crunch Live series that has seen all sorts of investors and founders join TechCrunch for a dig into their work.

U.S. shopping app downloads on Black Friday reached a record 2.8M installs

Many U.S. consumers spent this year’s Black Friday sales event shopping from home on mobile devices. That led to first-time installs of mobile shopping apps in the U.S. to break a new record for

Facebook’s self-styled ‘oversight’ board selects first cases, most dealing with hate speech

A Facebook -funded body that the tech giant set up to distance itself from tricky and potentially reputation-damaging content moderation decisions has announced the first bundle of cases it will consi

BlackBerry shares rocket upwards on AWS deal to integrate sensor data in vehicles

BlackBerry shares shot up in early trading on news that the company will partner with Amazon Web Services to jointly develop and market its vehicle data integration and monitoring platform, IVY. Blac

Novakid’s ESL app for children raises $4.25M Series A led by PortfoLio and LearnStart investors

With the pandemic playing havoc with children’s education EdTech startups have been on a roll. A new fundraising seems to come almost every week at this point. Today it’s Novakid’s turn. This Ed

Fundr, launching its first portfolio, uses an algorithm to remove bias from investing

For all the ways that the Silicon Valley scene excels, diversity and inclusion is not one of them. But a new startup called Fundr is looking to do the heavy lifting to help investors diversify their p

Thousands of U.S. lab results and medical records spilled online after a security lapse

NTreatment, a technology company that manages electronic health and patient records for doctors and psychiatrists, left thousands of sensitive health records exposed to the internet because one of its

Qualcomm announces the new Snapdragon 888 chip

Qualcomm kicked off an all-virtual version of its annual summit this morning by announcing the launch of the the Snapdragon 888 platform. The chipmaker is clearly saving some key information for later

In first IPO price range, Airbnb’s valuation recovers to pre-pandemic levels

Is Airbnb expensive or not?

Facebook-backed Libra Association rebrands as Diem

The Libra Association, a consortium created by Facebook to support its Libra cryptocurrency efforts, announced this morning that it has a new name — the Diem Association — and made some key hires

Uber officially completes Postmates acquisition

Uber today announced the official completion of its Postmates acquisition deal, which it announced originally back in July. The all-stock deal, valued at around $2.65 billion at the time of its disclo

Loop Team wants to give remote workers an in-office feel

As we’ve moved to work from home during the pandemic, it’s been challenging for remote workers to feel connected. Loop Team, a new entrant into the enterprise communications space, thinks

SoftBank takes a $690M stake in cloud-based Swedish CRM company Sinch

On the heels of Facebook taking a big step into customer service with the acquisition of Kustomer for $1 billion, another big move is afoot in the world of CRM. Sinch, a Swedish company that provides

Despite everything, Oyo still has $1 billion in cash

India’s Oyo has been one of the worst impacted startups with the coronavirus, but it has enough cash to steer through the pandemic and then look at funding further scale, a top executive says. In a

GoSite snags $40M to help SMBs bring their businesses online

There are 12 million small and medium businesses in the US, yet they have continued to be one of most underserved segments of the B2B universe: that volume underscores a lot of fragmentation, and alon

Nordigen introduces free European open banking API

Latvian fintech startup Nordigen is switching to a freemium model thanks to a free open banking API. Open banking was supposed to democratize access to banking information, but the company believes ba

Vivenu, a ticketing API for events, closes a $15M Series A round led by Balderton Capital

vivenu, a ticketing platform that offers an API for venues and promoters to customize to their needs, has closed a $15 million (€12.6 million) in Series A funding led by Balderton Capital. Previous

Databand raises $14.5M led by Accel for its data pipeline observability tools

DevOps continues to get a lot of attention as a wave of companies develop more sophisticated tools to help developers manage increasingly complex architectures and workloads. In the latest development
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