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Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more

Some time ago, I gave up on the idea of identifying a thread that could connect each story in this weekly roundup. There are no unified theories for technology news.

Facebook blocks new events around DC and state capitols

As a precaution against coordinated violence as the U.S. approaches President-elect Joe Biden’s inauguration, Facebook announced a few new measures it’s putting in place. In a blog post an

GitLab oversaw a $195 million secondary sale that values the company at $6 billion

GitLab has confirmed with TechCrunch that it oversaw a $195 million secondary sale that values the company at $6 billion. CNBC broke the story earlier today. The company’s impressive valuation c

The pandemic was top of mind in the tech of CES 2021

Of course COVID-19 was bound to be an unavoidable topic during the first-ever all-virtual CES. After all, the topic is at front of mind regardless of the topic these days. Close to a year into the pan

Daily Crunch: WhatsApp responds to privacy backlash

WhatsApp delays enforcement of a controversial privacy change, Apple may get rid of the Touch Bar in future MacBooks and Bumble files to go public. This is your Daily Crunch for January 15, 2021. The

Twitter’s decentralized future

This week, Twitter CEO Jack Dorsey finally responded publicly to the company’s decision to ban President Trump from its platform, writing that Twitter had “faced an extraordinary and untenable

Marc Lore leaves Walmart a little over four years after selling Jet.com for $3B

Marc Lore, the executive vice president, president and CEO of U.S. e-commerce for Walmart, is stepping down a little over four years after selling his e-commerce company Jet.com to the country’s

Coinbase commits to a ‘better customer experience’ following complaints

Coinbase has a problem. As interest in Bitcoin has soared along with its price, the popular cryptocurrency exchange has found itself the target of a growing spate of angry customers who haven’t

15 steps to fundraising a new VC or private equity fund

Based on my experience, taking the 15 steps below will help build the core of a high-performing fundraising and investor relations function.

Lessons from Top Hat’s acquisition spree

Top Hat, a startup that digitizes textbooks and turns them into an interactive experience for college students, announced on Wednesday that it has acquired yet another business: Fountainhead Press. Th

Group Nine’s SPAC goes public

Group Nine Media revealed last month that it was forming a SPAC (short for special purpose acquisition corporation) in order to raise money for acquisitions. The company has now moved forward with tho

Apple is extending Apple TV+ trials again

If you’ve got an Apple TV+ trial that’s set to expire sometime between now and June, good news: you’re getting some free bonus time. Apple TV+ first launched in November of 2019, alo

Desktop Metal buys fellow 3D printing company EnvisionTEC for $300M

Desktop Metal this morning announced its intention to purchase fellow 3D printing company EnvisionTEC. Founded in Germany in 2002, EnvisionTEC specializes in photopolymer additive manufacturing, putti

WhatsApp delays enforcement of privacy terms by 3 months, following backlash

WhatsApp said on Friday that it won’t enforce the planned update to its data-sharing policy until May 15, weeks after news about the new terms created confusion among its users, exposed the Face

Twilio CEO Jeff Lawson says wisdom lies with your developers

Twilio CEO Jeff Lawson knows a thing or two about unleashing developers. His company has garnered a market cap of almost $60 billion by creating a set of tools to make it easy for programmers to inser

Tracy Chou launches Block Party to combat online harassment and abuse

Block Party, an anti-harassment startup that aims to help folks feel safer on social media founded by Tracy Chou, launched today. Currently only available for Twitter, Block Party helps people filter

Fired GitHub employee who warned co-workers about Nazis is seeking legal counsel

On the day a violent mob of Trump supporters stormed the U.S. Capitol, a worried GitHub employee warned his co-workers in the D.C. area to be safe. After making a comment in Slack saying, “stay safe

DOT evaluated 11 GPS replacements and found only one that worked across use cases

The United States’ GPS system, which is operated by the Defense Department, offers every one of us critical infrastructure around what is known as positioning, navigation and timing (PNT). Positioni

Bumble files to go public

The dating and networking service Bumble has filed to go public. The company, launched by a former co-founder of the IAC-owned Tinder, plans to list on the Nasdaq stock exchange, using the ticker sym

Corporate credit card platform Moss raises $25.5 million

German startup Moss has raised a $25.5 million (€21 million) funding round led by Valar Ventures. Existing investors Cherry Ventures and Global Founders Capital are also participating. Moss provides
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