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Allbirds CEO Joey Zwillinger on the startup’s $100 million round, profitability, and SPAC mania - techcrunch

Allbirds CEO Joey Zwillinger on the startup’s $100 million round, profitability, and SPAC mania

As people spend less time out and about and more time daydreaming about when a vaccine will arrive, lifestyle shoes are only gaining traction. One obvious beneficiary is Allbirds, the San Francisco-based maker of comfortable, sustainable kicks that launched in 2016 and quickly became a favorite in Silicon Valley circles before taking off elsewhere. Though […]
techcrunch - 28 minutes ago
Indian startups explore forming an alliance and alternative app store to fight Google’s ‘monopoly’ - techcrunch

Indian startups explore forming an alliance and alternative app store to fight Google’s ‘monopoly’

Google, which reaches more internet users than any other firm in India and commands 99% of the nation’s smartphone market, has stumbled upon an odd challenge in the world’s second largest internet market: Scores of top local entrepreneurs. Dozens of top startups and firms in India are working to form an alliance and toying with […]
techcrunch - 3 hours ago
Lots of happy people as Palantir and Asana spike on first day of trading - techcrunch

Lots of happy people as Palantir and Asana spike on first day of trading

The markets are closed and the verdicts are in: investors liked what they saw in Palantir and Asana . The two companies, which debuted this morning in dual (and duel) direct listings, continued to prove that enterprise tech companies without the brand recognition of Spotify (which conducted its own direct listing back in 2018) can […]
techcrunch - 8 hours ago
Dustin Moskovitz discusses Asana’s first trading day - techcrunch

Dustin Moskovitz discusses Asana’s first trading day

It’s a big day for Asana, the work management tool that debuted on the NYSE this morning in a direct listing. Founded back in 2009 by Dustin Moskovitz and Justin Rosenstein, the company has assiduously grown over the years, taking in about $213 million in venture capital the past decade and reaching almost $100 million […]
techcrunch - 8 hours ago
Everything Google announced at today’s hardware event - techcrunch

Everything Google announced at today’s hardware event

This year, Google’s annual hardware event consisted of a brisk 30 minutes of pre-recorded promotional videos, but the company managed to pack a number of new product announcements into that time. To make things easy for you, here’s a quick rundown of everything that Google announced, including the Google Pixel 5, a new TV interface […]
techcrunch - 8 hours ago
How 3 remote-friendly tech companies plan to return to the office - techcrunch

How 3 remote-friendly tech companies plan to return to the office

Six months ago, millions of workers left their offices for the last time without realizing it. Many would be laid off because of the pandemic, but for those fortunate to keep their jobs, some of their employers still haven’t determined whether they will open their workplaces again. Some of the biggest tech employers in the […]
techcrunch - 9 hours ago
Investors give Baltimore’s Facet Wealth $25 million to sell businesses on financial planning as a benefit - techcrunch

Investors give Baltimore’s Facet Wealth $25 million to sell businesses on financial planning as a benefit

Yesterday, Baltimore-based fintech company Facet Wealth said it raised $25 million in financing as it readies a new business line pitching financial planning as an employment benefit to businesses looking to recruit top talent. Employment benefit packages are expanding beyond the basic gym membership and healthcare to include subscriptions to Netflix, discounts on delivery and […]
techcrunch - 9 hours ago
A new Google Assistant feature, ‘Hold for Me,’ waits on hold so you don’t have to - techcrunch

A new Google Assistant feature, ‘Hold for Me,’ waits on hold so you don’t have to

Google has been pushing forward the capabilities of what a smartphone can do when it comes to one of the device’s most basic — if these days often overlooked — features: phone calls. In previous years, the company launched Call Screen to vet your incoming calls, Duplex for restaurant reservations, and just this month, a […]
techcrunch - 10 hours ago
AOC flagged ‘material risks’ to Palantir investors in letter to SEC - techcrunch

AOC flagged ‘material risks’ to Palantir investors in letter to SEC

In a newly released letter, New York Rep. Alexandria Ocasio-Cortez issued words of warning to the SEC over Palantir’s efforts to take the company public, cautioning the regulatory body over details the progressive congresswoman says were “omitted” in the company’s disclosures. Illinois Rep. Jesús “Chuy” García co-authored the letter, embedded below, which was submitted to […]
techcrunch - 10 hours ago
Pixel 5 and 4a 5g get the same, improved cameras with rear ultrawide lens, Night Sight portraits and more - techcrunch

Pixel 5 and 4a 5g get the same, improved cameras with rear ultrawide lens, Night Sight portraits and more

Google made its newest smartphones official today, unveiling the much-leaked Pixel 4a 5g and Pixel 5. Both smartphones will get the same, improved cameras, despite a $200 price different between the models, which is great news for people who are specifically coming to Google for their excellent mobile camera tech. Here’s an overview of what […]
techcrunch - 10 hours ago
Google unveils the $99 Nest Audio smart speaker - techcrunch

Google unveils the $99 Nest Audio smart speaker

Four years after the introduction of the Google Home smart speaker, Google showcased its successor to the company’s mid-range smart speaker. In keeping with the broader rebranding of the company’s smart home products, the device is now called Nest Audio. The smart speaker will retail for $99 and come in a variety of colors including […]
techcrunch - 11 hours ago
Google launches the $499 Pixel 4a 5G - techcrunch

Google launches the $499 Pixel 4a 5G

As expected, Google today officially launched the 5G version of its Pixel 4a phone at its annual hardware event. Given all the previous leaks, there were no real surprises left and Google had already announced the $499 price. We now have a launch date, though. It’ll launch in Japan on October 15 and then come […]
techcrunch - 11 hours ago
Google’s Pixel 5 get reverse wireless charging and 5G for $699 - techcrunch

Google’s Pixel 5 get reverse wireless charging and 5G for $699

Here it is, the centerpiece of this morning’s confusing-titled Launch Night In. The Pixel 5 is Google’s latest mobile flagship. Launching months after the budget-minded Pixel 4a (and same day as the Pixel 4a 5G) , the new handset sports a a 100% recycled aluminum body to set the new phone apart from the rest […]
techcrunch - 11 hours ago
The new Chromecast adds a remote and the new Google TV interface for $49 - techcrunch

The new Chromecast adds a remote and the new Google TV interface for $49

It’s been a while since Google gave its Chromecast line a proper bit of love — perhaps not surprising for a fairly mature device now marking its seventh year. At today’s big Launch Night In event, however, the company’s bringing the popular TV dongle a much-needed refresh by way of Chromecast with Google TV. The […]
techcrunch - 11 hours ago
The new Google TV brings streaming apps, live TV and search into a single interface - techcrunch

The new Google TV brings streaming apps, live TV and search into a single interface

Not to be confused with the smart TV platform of the same name (2010-2014, RIP) or the Android TV platform it’s built on top of, Google has just taken the wraps off the new Google TV. The name refers to the interface for the new, aptly titled Chromecast with Google TV, combining streaming services, live […]
techcrunch - 11 hours ago
Golden raises $14.5M to build a wiki-style database of tech knowledge - techcrunch

Golden raises $14.5M to build a wiki-style database of tech knowledge

Golden is announcing that it has raised $14.5 million in Series A funding. The round was led by previous investor Andreessen Horowitz, with the firm’s co-founder Marc Andreessen joining the startup’s board of directors. When Golden launched last year, founder and CEO Jude Gomila told me that his goal was to create a knowledge base focused […]
techcrunch - 11 hours ago
The roadmap to startup consolidation in Southeast Asia is becoming clearer - techcrunch

The roadmap to startup consolidation in Southeast Asia is becoming clearer

While Southeast Asia’s startup ecosystems are still young compared to those in China or India, it has matured over the last five years. Unicorns like Grab, Gojek and Garena are continuing to grow, and more competitive startups are emerging in sectors like fintech, e-commerce and logistics. That leads to the question: Will consolidation start to […]
techcrunch - 11 hours ago
Following Apple’s Sidecar launch, Astropad announces Luna Display for Windows - techcrunch

Following Apple’s Sidecar launch, Astropad announces Luna Display for Windows

In June, Luna Display creator Astropad wrote a blog post titled, “Why Getting Sherlocked by Apple Was a Blessing in Disguise.” It arrived on the one-year anniversary of Apple’s launch of Sidecar for macOS, which let Mac owners use an iPad as a second display — thus making Luna’s functionality redundant. The rose-colored post detailed […]
techcrunch - 11 hours ago
Aurora Labs ramps ‘self-healing’ software with $23M from LG Technology Ventures, Porsche SE, Toyota Tsusho - techcrunch

Aurora Labs ramps ‘self-healing’ software with $23M from LG Technology Ventures, Porsche SE, Toyota Tsusho

The automotive market is grappling with increasingly complex software systems, and in turn greater risks of glitches that can cause costly and unsafe disruptions and damage an automaker’s credibility. Just look at today’s new cars, trucks and SUVs compared to their counterparts a decade ago. New vehicles coming off assembly lines today contain tens of […]
techcrunch - 11 hours ago
‘The Real Facebook Oversight Board’ launches to counter Facebook’s ‘Oversight Board’ - techcrunch

‘The Real Facebook Oversight Board’ launches to counter Facebook’s ‘Oversight Board’

Today a group of academics, researchers and civil rights leaders go live on with ‘The Real Facebook Oversight Board’ which is designed to criticize and discuss the role of the platform in the upcoming US election. The group includes Facebook’s ex-head of election security, leaders of the #StopHateForProfit campaign and Roger McNamee, early Facebook investor. […]
techcrunch - 11 hours ago
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techcrunch
Trump signs executive orders banning transactions with TikTok and WeChat

Trump signs executive orders banning transactions with TikTok and WeChat

techcrunch - 1 month ago

President Donald Trump signed an executive order on Thursday banning transactions with ByteDance, the parent company of popular app TikTok . The White House also announced that he signed a similar order banning transactions with Tencent-owned WeChat, a messaging app that is ubiquitous in China, but has a much smaller presence than TikTok in the United States, where it is used mainly by members of the Chinese diaspora. Both orders will take effect in 45 days.

The orders cite the International Emergency Economic Powers Act and the National Emergencies Act.  It is important to note that naming the apps’ operations in the United States as a national emergency is an act that is highly unprecedented and the legality of the orders will likely be challenged.

Microsoft announced over the weekend that it is in negotiations to buy TikTok from ByteDance, naming September 15 as a deadline for negotiations. The order would take affect shortly after the deadline set by Microsoft for the deal. ByteDance reportedly agreed to give up its entire ownership in the app even though it had previously wanted to maintain a minority stake.

Trump announced at the end of last month that he planned to ban TikTok through the use of an executive order. The president and government officials, including Secretary of State Michael Pompeo, have made escalating comments over the past few weeks alleging that TikTok is a threat to national security. While TikTok is owned by ByteDance, the Beijing-based company (which also operates a Chinese version of the app called Douyin) has taken steps to distance TikTok from its Chinese operations, and claims that its data is stored outside of China.

The executive order on ByteDance said that “the spread in the United States of mobile applications developed and owned by companies in the Peoples Republic of Chinacontinues to threaten the national security, foreign policy, and economy of the United States. At this time, action must be taken to address the threat posed by one mobile application in particular, TikTok.”

In 45 days, transactions by any person or property subject to U.S. jurisdiction with ByteDance or any of its subsidiaries will be prohibited “to the extent that they are permitted under applicable law.” The order claims that TikToks access to user data including location, browsing and search histories threatens to allow the Chinese Communist Party access to Americans personal and proprietary information–potentially allowing China to track the locations of Federal employees and contractors, build dossiers of personal information for blackmail, and conduct corporate espionage.

Trumps executive order on WeChat was less expected, but not a complete surprise because Pompeo named the messaging app earlier this week when he said Trump was planning to take action “shortly” on TikTok and other Chinese companies. Like ByteDance, Trump claims WeChats data collection is a national security threat and may give the Chinese Communist Party access to user information. The order also cites WeChats censorship of material deemed politically sensitive by the Chinese government.

TechCrunch has contacted ByteDance, TikTok, WeChat and Microsoft for comment.

This story is developing and will be updated.

sauce: techcrunch
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