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Technology News

Stay gold, ‘Plaid for X’ startups

A failed acquisition usually triggers the same series of questions: What does this mean for early-stage startups in the sector? Will a chilling effect occur and hurt valuations? Will VCs stop funding this category? How will the exit environment look going forward? This week gave that narrative a bullish twist. Visa and Plaid announced that…

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Technology News

Startups look beyond lidar for autonomous vehicle perception

Last CES was a time of reckoning for lidar companies, many of which were cratering due to a lack of demand from a (still) non-existent autonomous vehicle industry. The few that excelled did so by specializing, and this year the trend has pushed beyond lidar, with new sensing and imaging methods pushing to both compete…

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Technology News

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

Some time ago, I gave up on the idea of finding a thread that connects each story in the weekly Extra Crunch roundup; there are no unified theories of technology news. The stories that left the deepest impression were related to two news pegs that dominated the week — Visa and Plaid calling off their…

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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 and tweets from Facebook Policy Communications Director Andy Stone, the company explained that it would block any events slated to happen near the White House, the U.S.…

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Technology News

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 comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an increase of $3.25 billion in…

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Technology News

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 pandemic, presenters still understandably feel obligated to address the always-present elephant in the room. Sometimes it was as simple…

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Technology News

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 big story: WhatsApp responds to privacy backlash Earlier this month, WhatsApp sent users a notification asking them to consent to…

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eSports

G2 Esports reveals adidas partnership, PGL announces CS:GO Major | ESI Digest #25

Each week, ESI Digest breaks down the weekly happenings in the esports industry, making sense of things so you don’t have to. As well as being housed on YouTube, ESI Digest is available on all major podcast platforms and is also available in written form below. This week on the ESI Digest, we cover G2…

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eSports

CBLOL signs KitKat as a new sponsor for 2021 season

The Brazilian League Of Legends Championship, also known as CBLOL, has partnered with chocolate brand KitKat. Credit: Riot Games The partnership between CBLOL and KitKat will not be limited to just the domestic competition. Riot Games Brazil also announced that KitKat will be a partner during broadcasts of MSI (Mid Season Invitational), the League Of Legends World Championship and All-Stars.…

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eSports

Ubisoft renews PayPal partnership with Rainbow Six Esports

French game developer Ubisoft has renewed its partnership with online payment processor PayPal through to September 2022, the company announced on Thursday. The agreement will name PayPal as the official payment platform for multiple competitions across the Rainbow Six Esports circuit. RELATED: FACEIT and Ubisoft launch North American FPL for Rainbow Six Siege Some of the…