by admin | Dec 31, 2020 | News
SoftBank Group is reportedly investing $200 million to bail out Katerra, a startup that had hoped to remake the construction industry with a vertically integrated approach, according to a report in The Wall Street Journal. Katerra’s shareholders reportedly approved...
by admin | Dec 31, 2020 | News
Scale AI CEO Alexandr Wang doesn’t need a crystal ball to see where artificial intelligence will be used in the future. He just looks at his customer list. The four-year-old startup, which recently hit a valuation of more than $3.5 billion, got its start supplying...
by admin | Dec 31, 2020 | News
When Salesforce acquired Quip in 2016 for $750 million, it gained CEO and co-founder Bret Taylor as part of the deal. Taylor has since risen quickly through the ranks of the software giant to become president and COO, second in command behind CEO Marc Benioff....
by admin | Dec 31, 2020 | News
What could go wrong? Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. As you can see, this is our yearly predictions episode. Our behind-the-scenes guru Chris Gates...
by admin | Dec 31, 2020 | News
Samsung Electronics vice chairman Jay Y. Lee faces a nine-year prison term in the bribery case that contributed to the downfall of former president Park Guen-hye. Prosecutors argued that the length of the sentence is warranted because of Samsung’s power as the largest...
by admin | Dec 31, 2020 | News
Amazon makes a big podcast acquisition, a Chinese robot maker raises $100 million and we review a robotic cat pillow. This is your Daily Crunch for December 30, 2020. The big story: Amazon acquires Wondery Amazon is the latest company to make a big acquisition in the...