German electric air mobility company Lilium has partnered with aerospace manufacturer Honeywell to develop the electronics and mechanical systems for the 7-seater Lilium Jet, the company’s debut eVTOL. Honeywell will supply its compact fly-by-wire system, a flight control component that will be responsible for controlling all of the Jet’s moving parts, and the aircraft’s avionics…
Sinch — the Swedish company that provides a suite of services for companies to build communications and specifically “customer engagement” into their services by way of APIs — has made yet another acquisition in its global march to scale up its business and compete more squarely with Twilio. The company today announced that it has…
A young Indian startup that is betting that earned wage access solutions will take off in the South Asian nation said on Wednesday it has closed a new round from high-profile investors. Bangalore-based Refyne said on Wednesday that it has raised $16 million in Series A from partners of DST Global and RTP Global. The…
News broke this morning that Bain Capital Private Equity and Crosspoint Capital Partners are purchasing Seattle-based network security startup ExtraHop. Part of the Network Detection and Response (NDR) market, ExtraHop’s security solutions are for companies that manage assets in the cloud and on-site, “something that could be useful as more companies find themselves in that…
Honeywell, which only recently announced its entry into the quantum computing race, and Cambridge Quantum Computing (CQ), which focuses on building software for quantum computers, today announced that they are combining Honeywell’s Quantum Solutions (HQS) business with Cambridge Quantum in the form of a new joint venture. Honeywell has long partnered with CQ and invested…
Countless popular websites including Reddit, Spotify, Twitch, Stack Overflow, GitHub, gov.uk, Hulu, HBO Max, Quora, PayPal, Vimeo, Shopify, Stripe, and news outlets CNN, The Guardian, The New York Times, BBC and Financial Times are currently facing an outage. A glitch at Fastly, a popular CDN provider, is thought to be the reason, according to a…
The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based lidar maker founded in 2014 with an office in Palo Alto. The company just raised over $300 million in a Series D funding round led…
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. Today was the kickoff of Apple’s developer conference, WWDC, meaning that the TechCrunch crew was super busy all day and that we have an ocean of news from Cupertino for you to…
As remote work became the default for many companies during the pandemic, it’s maybe no surprise that services like Microsoft’s Windows Virtual Desktop, which gives users access to a fully managed Windows 10 desktop experience from virtually anywhere, saw a lot of interest from large enterprises and a new crop of small businesses that suddenly…
One of Google’s strong advantages in the world of online video has been the sheer size of YouTube: currently, the site has more than 2.3 billion monthly active users and over 500 hours of content uploaded every minute. Now, Google and YouTube are hoping to leverage some of that heft as it goes head to…
