Skip to main content

Daily Crunch: Amazon acquires Wondery

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 podcast market — it’s buying Wondery, the podcast network behind shows like “Dirty John” and “Doctor Death.”

Although Wondery is becoming part of Amazon Music (which added podcast support in September), the company also says that “nothing will change for listeners” and that Wondery’s podcasts will continue to be available from “a variety of providers.”

The financial terms of the deal were not disclosed.

Startups, funding and venture capital

China’s adaptive robot maker Flexiv raises over $100M — Wang Shiquan, an alumnus of Stanford’s Biomimetics and Dexterous Manipulation Lab, founded Flexiv with a focus on building adaptive robots for the manufacturing industry.

Biteable raises a $7M Series A for its template-based online video builder — The product is designed for creating video assets that have more staying power than temporary social videos.

An earnest review of a robotic cat pillow — It’s cute!

Advice and analysis from Extra Crunch

On the diversity front, 2020 may prove a tipping point — VCs have talked about diversity for eons without doing much about it.

2020 will change the way we look at robotics — From logistics to food prep, robots are custom-built to help mankind survive a pandemic.

Dear Sophie: Tips for getting a National Interest green card by myself? — The latest edition of Dear Sophie, attorney Sophie Alcorn’s advice column answering immigration-related questions about working at technology companies.

(Extra Crunch is our membership program, which aims to democratize information about startups. You can sign up here for a holiday deal good through January 3. Read more about the deal here.)

Everything else

Section 230 is threatened in new bill tying liability shield repeal to $2,000 checks — The move seems more like a political maneuver than a real stab at tech regulation.

NSO used real people’s location data to pitch its contact-tracing tech, researchers say — Researchers say NSO’s use of real data “violated the privacy” of thousands of unwitting people.

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 3pm Pacific, you can subscribe here.



from TechCrunch https://ift.tt/3pF3yYy
via IFTTT

Comments

Popular posts from this blog

Max Q: Psyche(d)

In this issue: SpaceX launches NASA asteroid mission, news from Relativity Space and more. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/h6Kjrde via IFTTT

Max Q: Anomalous

Hello and welcome back to Max Q! Last week wasn’t the most successful for spaceflight missions. We’ll get into that a bit more below. In this issue: First up, a botched launch from Virgin Orbit… …followed by one from ABL Space Systems News from Rocket Lab, World View and more Virgin Orbit’s botched launch highlights shaky financial future After Virgin Orbit’s launch failure last Monday, during which the mission experienced an  “anomaly” that prevented the rocket from reaching orbit, I went back over the company’s financials — and things aren’t looking good. For Virgin Orbit, this year has likely been completely turned on its head. The company was aiming for three launches this year, but everything will remain grounded until the cause of the anomaly has been identified and resolved. It’s unclear how long that will take, but likely at least three months. Add this delay to Virgin’s dwindling cash reserves and you have a foundation that’s suddenly much shakier than before. ...

What’s Stripe’s deal?

Welcome to  The Interchange ! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up  here  so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. —  Mary Ann Stripe eyes exit, reportedly tried raising at a lower valuation The big news in fintech this week revolved around payments giant Stripe . On January 26, my Equity Podcast co-host and overall amazingly talented reporter Natasha Mascarenhas and I teamed up to write about how Stripe had set a 12-month deadline for itself to go public, either through a direct listing or by pursuin...