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Suborbital space tourism finally arrives | FCC prepares to run public C-band auction | The big four in the U.S. launch industry — United Launch Alliance, SpaceX, Blue Origin and Northrop Grumman — hope to be one of two providers that will receive five-year contracts later this year to launch national security payloads starting in 2022. | China’s launch rate stays high | The International Space Station is the largest ever crewed object in space.

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With investors expecting a Latin American cryptocurrency...

December 9, 2020

Six years after the launch of the Mexico-based crypotcurrency exchange and financial services platform Bitso the company revealed it has closed on $62 million in financing to capitalize on the cryptocurrency boom investors expect to hit Latin America. The three major cryptocurrencies are all trading up in the waning months of 2020, with Bitcoin prices nearing (or exceeding) record highs. The global growth of these digital currencies and their applications in emerging markets have savvy financial services investors like...

Newly funded OfficeTogether looks to help other...

December 9, 2020

Amy Yin doesn’t foresee startups resuming a five-day-a-week in-office work schedule, even after COVID-19 has been battled back. It’s probably a safe bet. Many companies have learned this year that employees can be just as productive, working from home. More, employees — much as they might miss their own desks — no longer want to sit in a traditional office all the time. According a survey of 2,300 tech employees conducted this past summer, just 7% of respondents said...

Daily Crunch: Apple announces AirPods Max headphones

December 8, 2020

Apple unveils new high-end headphones, Calm raises more funding and Cyberpunk 2077 faces criticism. This is your Daily Crunch for December 8, 2020. The big story: Apple announces AirPods Max headphones These are Apple’s first over-ear headphones under the AirPods brand (it also owns Beats), and at $549 they’re priced significantly higher than previous AirPods. Other features include active noise cancellation, transparency mode, spatial audio and Adaptive EQ, a feature that adjusts the sound based on the fit and...

Unit raises $18.6M to offer banking features...

December 8, 2020

Companies like Stripe and Twilio have changed the game for online businesses by making it easier to integrate payments and communications services into their customer interfaces without having to build those features from the ground up, or make costly investments to integrate them from elsewhere. Today, another startup is launching and announcing some funding in the hopes that it can do the same for financial features. Unit has built a platform that lets third parties integrate banking services like...

Odysee aims to build a more freewheeling,...

December 7, 2020

Odysee is a new video site that CEO Jeremy Kauffman said was created to recapture some of the freedom and independence of the internet he grew up with — an internet where “anyone could speak and anyone could have a voice.” Kauffman argued that since then, the internet has become “very corporate,” with a small number of companies controlling the flow of information. Odysee was created to provide an alternative — and eventually, more than that. “Some would call it...

The IPO market looks hot as Airbnb...

December 7, 2020

So much for a December slowdown — this morning, Airbnb and C3.ai raised their IPO price ranges and we got early pricing information from Upstart and Wish. This gives us a good amount of ground to cover. So, we’ll dig into Airbnb’s new price range first, working to understand how richly investors are valuing the American home-sharing unicorn. We’ll repeat the experiment with C3.ai, a company we find utterly fascinating. Then we’ll calculate valuation ranges for both Upstart, a...

Singapore’s government launches blockchain innovation program with...

December 7, 2020

A group of Singaporean government agencies is launching a new research program for blockchain technology with $12 million SGD (about $8.9 million USD) in funding. Called the Singapore Blockchain Innovation Programme (SBIP), the project is a collaboration between Enterprise Singapore, Infocomm Media Development Authority and the National Research Foundation Singapore. It has support from the Monetary Authority of Singapore, the country’s central bank and financial regulator. SBIP’s funding comes from the National Research Foundation, and will be used to...

How one company reached revenues of $200M...

December 5, 2020

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Subscribe here. Ready? Let’s talk money, startups and spicy IPO rumors. So very much happened this week. If you are just catching up, the Equity crew spent good time this week parsing through a host of recent early-stage venture capital rounds; if...

Human Capital: Google’s labor stumbles

December 5, 2020

Welcome back to Human Capital, a weekly newsletter that looks at the latest in diversity and inclusion in tech, as well as labor. This week, Google made headlines a couple of times for its workplace issues, while Coinbase found itself back in the news after the New York Times reported on alleged issues of racism and discrimination at the cryptocurrency startup. On the more positive side, however, Nasdaq proposed to the SEC some diversity requirements for public companies. To...

This Week in Apps: The year’s best...

December 5, 2020

Welcome back to This Week in Apps, the TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People now spend three hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours — they’re also a big business. In 2019, mobile-first companies had a combined $544 billion valuation, 6.5x higher...

Mike Cagney is testing the boundaries of...

December 5, 2020

Founder Mike Cagney is always pushing the envelope, and investors love him for it. Not long sexual harassment allegations prompted him to leave SoFi, the personal finance company that he cofounded in 2011, he raised $50 million for a new lending startup called Figure that has since raised at least $225 million from investors and was valued a year ago at $1.2 billion. Now, Cagney is trying to do something unprecedented with Figure, which says it uses a blockchain...

Revolut lets businesses accept online payments

December 4, 2020

Fintech startup Revolut is launching its own acquiring solution. With this move, the company is competing directly with Stripe, Adyen, Braintree or Checkout.com. This is an in-house product and not just a fresh coat of paint on an existing solution. As a reminder, Revolut already offers business accounts. It lets you send and receive international payments, exchange funds in multiple currencies. You can also order debit cards to spend money from your Revolut account directly. With Revolut’s acquiring solution,...

Grab-Singtel and Ant Group win digital bank...

December 4, 2020

Singapore on Friday granted four firms including Ant Group and Grab the licenses to run digital banks in the Southeast Asian country, in a move that would allow tech giants to expand their financial services offerings. The nation’s central bank, Monetary Authority of Singapore (MAS), said it applied a “rigorous, merit-based process” to select a strong slate of digital banks. As these digital banks start their pilot operations, MAS said it will review whether more companies could be granted...

Henry picks up cash to be a...

December 3, 2020

Latin America’s startup scene has attracted troves of venture investment, lifting highly-valued companies such as Rappi and NuBank into behemoth businesses. Now that the spotlight has arrived, those same startups need more talent than ever before to meet demand. That’s where one seed-stage Buenos Aires startup wants to help. Henry has created an online computer science school that trains software developers from low-income backgrounds to understand technical skills and get employed. The company was founded by brother-sister duo Luz...

This is a good time to start...

December 3, 2020

Colton Pace Contributor Colton Pace is an investor at Fika Ventures. He previously held roles investing at Vulcan Capital and Madrona Venture Labs. More posts by this contributor A COVID-19 resilience test for B2B companies Like many things in life, building great businesses is all about timing. We’ve seen multibillion dollar failures from the dot-com era such as Pets.com and Webvan be reincarnated a decade later as Chewy and Instacart — this time as runaway successes. The same could...

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