A milestone for Jolla, the Finnish startup behind the Sailfish OS — which formed, almost a decade ago, when a band of Nokia staffers left to keep the torch burning for a mobile linux-based alternative to Google’s Android — today it’s announcing hitting profitability. The mobile OS licensing startup describes 2020 as a “turning point”…
While the rocket launch sector is quickly becoming crowded, the same can’t be said for companies developing suborbital spaceplanes. This means there’s plenty of room to grow for startups like Dawn Aerospace, which has now completed five test flights of its Mk-II Aurora spaceplane that is designed to fly up to 60 miles above the…
Netflix has announced Tudum, a global virtual fan event set for September 25 that will showcase exclusive news and first looks at some of the streaming giant’s original content. Tudum, which is named after the sound users hear when they press play on Netflix, will feature stars and creators from over 70 Netflix series, films…
BreachQuest, an early-stage startup with a founding team of cybersecurity experts building a modern incident response platform, has emerged from stealth with $4.4 million in seed funding. The investment was raised from Slow Ventures, Lookout founder Kevin Mahaffey, and Tinder co-founders Sean Rad and Justin Mateen, who described BreachQuest as having a “disruptive vision and…
Marathon Education was created after its founders realized after-school education in Vietnam hadn’t evolved much since they were kids. Some of the most popular tuition centers in big cities teach hundreds of students at once. “They’re packed like sardines and that really has not changed in the past one or two decades when I went…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 24, 2021. Today’s news cycle was particularly beefy, so we have a lot of ground to cover. Especially if you want to know the…
A quick survey of many of the most highly valued electric vertical take-off and landing companies shows one thing in common: All of them are developing aircraft powered by batteries. But a growing suite of aviation companies, turned off by what they see as the energy density limitations of lithium-ion batteries, are turning instead to…
Samsung Group, South Korea’s tech giant, announced on Tuesday that it will invest $205 billion (240 trillion won) in their semiconductor, biopharmaceuticals and telecommunications units over the next three years to enhance its global presence and lead in new industries such as next-generation telecommunication and robotics. The investment will be led by Samsung affiliates including…
American automaker General Motors expanded its recall of Chevrolet Bolt electric vehicles on Friday due to fire risks from battery manufacturing defects. The automaker said it would seek reimbursement from LG Chem, its battery cell manufacturing partner, for what it expects to be $1 billion worth of losses. Following the news of the recall, the…
Sumi Das is a partner at CapitalG, Alphabet’s independent growth fund, where he leads healthcare tech and consumer fintech investments. Prior investments include Robinhood, Stripe, Convoy, Albert, Aye Finance, Next Insurance and Strive Health. Nina Gerson is a vice president at CapitalG, Alphabet’s independent growth fund, where she co-leads healthcare tech investments. Prior investments include…
