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Daily Crunch: Amazon scraps HQ2 plans in NYC

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 her

As GE and Amazon move on, Google expands presence in Boston and NYC

NYC and Boston were handed huge setbacks this week when Amazon and GE decided to bail on their commitments to build headquarters in the respective cities on the same day. But it’s worth pointin

Uber reports $3B in Q4 revenue, rising operating losses

Ahead of its anticipated initial public offering this year, Uber reported a net loss of $865 million in the fourth quarter. That figure, however, was aided by a tax benefit that saved the company from

Twitter considering a tweet ‘clarifying’ function

Clarification hasn’t always been Twitter’s strong suit. Fittingly, there’s a bit of confusion around the longstanding suggestion that the service could add an “edit” button in order to save

Amazon leads $700M round in electric automaker Rivian

Rivian, the electric automaker that debuted its first two vehicles just three months ago, has raised $700 million in a round led by Amazon . The news follows a report earlier this week by Reuters that

Palmetto gets $20 million credit line for its solar and energy efficiency installation marketplace

For homeowners that want to go green, but have trouble figuring out how to do it, Palmetto Clean Technologies has the answer. The company has an army of salespeople to pitch the benefits of solar pow

Dubai airport briefly halts flights after drone spotted

Earlier today, Dubai’s International airport shut down flights for roughly half an hour, owing to the sighting of a drone flying nearby. Departures were halted from 10:13 a.m. to 10:45 a.m over “s

Urban unicorn renewal

Three cities, three dead urban unicorn renewal projects. In just the past few days, we’ve had Foxconn renege on Wisconsin, Amazon renege on NYC and GE renege on Boston. Each followed the Anna Kareni

Coinbase users can now withdraw Bitcoin SV following BCH fork

If you’re a Coinbase user, you may have seen some new tokens on your account. The Bitcoin Cash chain split into two different chains back in November. It means that if you held Bitcoin Cash on Novem

How to decarbonize America — and the world

The Green New Deal has burst onto the American stage, spurring more conversation about – and aspiration for – ambitious climate policy than at any point in at least a decade.

3DEN raises $2M to create pay-as-you-go urban spaces

3DEN is building spaces for what it calls the “in-between moments” of your day. The name (pronounced “Eden”) comes from the idea of the “third place” — a space th

Peloton pedals toward an IPO, self-driving is big business and SaaS’s new highs

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a treat. We had TechCrunch’s own Connie Loizos

BRCK acquires ISPs EveryLayer and Surf to boost Africa’s public Wi-Fi

Kenyan communications hardware company BRCK has acquired the assets of Nairobi-based internet provider Surf and its U.S. parent EveryLayer in a deal of an undisclosed amount.

Samsung’s new tablet sports Bixby 2.0

Bixby’s been on a bunch of phones and several appliances. Until now, however, Samsung’s smart assistant has been largely MIA on the company’s tablets. Of course, I’ve never pretended to have t

Samsung is preparing to launch a sports smartwatch and AirPods-like earbuds

Samsung’s newest product launch happens next week, but already the Korean tech giant has revealed its entire upcoming range of wearable devices that will seemingly be unveiled alongside the Gala

ChargedUp picks up £1.2M seed to grow its mobile charging network across UK

ChargedUp, a U.K. startup that offers a mobile charging network that takes inspiration from bike sharing, has closed £1.2 million in seed investment. Leading the round is Sir John Hegarty’s fund Th

China’s Didi is laying off 15% of its staff

China’s largest ride-hailing firm, Didi, plans to let go 15 percent of its employees, or about 2,000 people this year, sources told TechCrunch. The cut comes as the beleaguered transportation gi

Spotify says it paid $340M to buy Gimlet and Anchor

Kleiner’s Mamoon Hamid thinks we could be in a 15-year-long bull market (and other insights from the firm)

Late last month, the venture firm Kleiner Perkins began an official reboot, with a new, $600 million fund, as well as some new faces blazing the trail for the outfit going forward, including Mamoon Ha

Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili

E-commerce giant Alibaba is continuing its push into the world of youth culture after it scooped up an 8 percent stake in anime streaming and game publishing company Bilibili. According to a securitie
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