Amazon has been granted an approval by the U.S. Federal Aviation Administration (FAA) that will allow it to start trialing commercial deliveries via drone, Bloomberg reports. This certification is the same one granted to UPS and a handful of other companies, and while it doesn’t mean that Amazon can immediately start operating a consumer drone […]

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I’d been asking for something like the reMarkable for a long time before it showed up out of the blue a few years ago. The device was a real treat, but had a few problems and an eye-popping price tag. The reMarkable 2 builds on the first, with a more beautiful, streamlined device and several […]

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Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Now the city’s enterprise tech scene can claim a really big winner with Signal Sciences, the security monitoring and management company that is getting bought […]

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Amazon today introduced an entirely new membership program called Halo that aims to provide comprehensive personal health and wellness monitoring and advice. The Halo service, which is opening to early access by special request today, includes both the service and a new Amazon Halo Band wrist-worn activity tracker for $64.99 for a six-month membership. Amazon […]

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The shift to online shopping has accelerated in the COVID-19 pandemic, but today Amazon made a bold move that underscores its belief that physical stores will remain a key component of how consumers shop. In the Los Angeles neighborhood of Woodland Hills, the e-commerce giant today opened its first Amazon Fresh supermarket. This is the […]

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Amazon is rolling out a new augmented reality shopping tool, Room Decorator, that will allow you to see furniture and other home décor in your own space. While the retailer had experimented with AR tools in the past, what makes Room Decorator different is that it’s capable of virtually adding multiple products to the room […]

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Cloud photo storage app Ever is shutting down, citing increased competition with the default services offered by Apple and Google as the cause. The company, however, had other issues beyond the plight of a small startup trying to compete with tech giants. Last year, NBC News reported the company had been using its customers’ photos […]

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Facebook France is going to pay $125 million (€106 million) in back taxes. Business magazine Capital first reported the agreement. French tax authorities raided Facebook’s offices in Paris in 2012 and later opened an investigation on unpaid taxes covering activities between 2009 and 2018. “This year, we also reached an agreement with the tax authorities […]

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As the COVID-19 pandemic reshapes our world, more consumers have begun shopping online in greater numbers and frequency. According to new data from IBM’s U.S. Retail Index, the pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years. Department stores, as a result, are seeing significant declines. In the […]

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Meet the anti-antitrust startup club

  • Aug 24, 2020

More entrepreneurs and investors are willing to throw caution to the wind and go after core segments like search, email and video conferencing with gusto.

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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. You can subscribe to the newsletter here if you haven’t yet. Ready? Let’s talk money, startups and spicy IPO rumors. Palantir and the great revenue mystery As […]

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It was the Australian bush fire that finally did it. For 12 years Adam Hearne had worked at companies that represented some of the world’s largest sources of greenhouse gas emissions. First at Rio Tinto, one of the largest industrial miners, and then at Amazon, where he handled inbound delivery operations across the EU, Hearne […]

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There are a number of tech companies that either directly work with law enforcement agencies, or supply their tech to them. Amazon’s doorbell camera company Ring has partnered with more than 1,300 police departments and Amazon Web Services sells its product to U.S. Immigration and Customers Enforcement. Meanwhile, Google sells its G Suite tools to […]

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Taiwanese startup iKala, which offers an artificial intelligence-based customer acquisition and engagement platform, will expand into new Southeast Asian markets after raising a $17 million Series B. The round was led by Wistron Digital Technology Holding Company, the investment arm of the electronics manufacturer, with participation from returning investors Hotung Investment Holdings Limited and Pacific […]

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The Canadian Pension Plan Investment Board, an asset manager controlling around $311 billion in assets for Canada’s pensioners and retirees, has identified four key industries that are set to experience massive changes as a result of the global economic response to the COVID-19 pandemic. The firm expects massive changes in e-commerce, healthcare, logistics and urban […]

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Apple reaches $2 trillion market cap

  • Aug 19, 2020

The broader market melt up has helped buoy shares of Apple to new highs this morning. In early trading today, the market capitalization of the tech industry giant and FAAMG member crossed the $2 trillion mark before slipping just beneath the threshold. Shares of Apple have advanced just over 59% in 2020, despite the company’s […]

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Facebook’s Portal line didn’t get off to the smoothest start when it launched back in 2018. The company no doubt realized from the outset that it would have a lot to prove on the privacy front when attempting to convince users to essentially invite a Facebook-powered camera into their living quarters. And in the intervening […]

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The future market opportunities enabled by the disruption in space transportation are enormous. Undoubtedly, it will lead to a space gold rush that will drive human civilization’s development for generations to come.

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Reliance Retail has bought a 60% stake in pharma marketplace Netmeds’ parent firm Vitalic for about $83.2 million, it said today, as India’s largest retail chain looks to expand into new categories and compete more closely with American e-commerce group Amazon. Reliance Retail said the deal, which grants it a 100% ownership of Vitalic’s subsidiaries […]

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Amazon today announced an upcoming hiring spree set to bring 3,500 jobs to a half-dozen U.S. cities. The news is, of course, particularly notable amid a pandemic that has cause many industries to freeze hiring, while unemployment claims have soared across the country. It also finds the company doing that hiring in cities — many […]

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Microsoft’s new Flight Simulator is a technological marvel that sets a new standard for the genre. But to recreate a world that feels real and alive and contains billions of buildings all in the right spots, Microsoft and Asobo Studios relied on the work of multiple partners. One of those is the small Austrian startup […]

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Amazon has launched an online pharmacy in Bangalore, the capital of India’s southern Karnataka state, as the e-commerce group looks to spread its tentacles in more categories in one of its key overseas markets. The company said on Friday its new service, called Amazon Pharmacy, has started accepting orders for both over-the-counter and prescription-based medicines […]

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The use of third party cookies for ad tracking and targeting by data broker giants Oracle and Salesforce is the focus of class action style litigation announced today in the UK and the Netherlands. The suits will argue that mass surveillance of Internet users to carry out real-time bidding ad auctions cannot possibly be compatible […]

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Apple is reportedly getting ready to launch new bundles of its various subscription services, according to Bloomberg. The bundled services packages, said to be potentially called “Apple One,” will offer Apple services including Apple Music, Apple Arcade, Apple TV+, Apple News+ and iCloud in a number of different tiered offerings, all for one fee that […]

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Joe Biden’s decision to name California Senator Kamala Harris as his running mate in the quest to unseat President Trump means that the next vice president could be not only the first Black and Asian American woman on a presidential ticket in the U.S — historic milestones by any account — but also a Californian […]

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Pattern, a Lehi, Utah-based reseller that offers large and small brands a way to optimize their sales on marketplaces like Amazon, eBay, Walmart and Google Shopping, has raised $52 million in growth funding, the company said. The money, from Ainge Advisory and KSV Global, will be used to expand the company’s business worldwide. Founded in […]

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Sonny Vu, the former founder and chief executive of the wearable technology company Misfit, has had a busy summer since he was named the new chief executive of 3D printing technology company Arevo. Vu’s new startup brought on a new executive management team, launched a crowdfunding campaign for its 3D-printed Superstrata bicycle and is now […]

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Amazon has amassed at least 1 million subscribers for its Prime loyalty program in India, the e-commerce giant revealed today in a long rundown of how its platform fared during last week’s Prime Day in the world’s second largest internet market. More than a million Prime subscribers in India shopped from small businesses in the […]

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Amazon Prime is highlighting its offerings for gamers today with the launch of a service called Prime Gaming. This is a new version of Twitch Prime, a service that Amazon launched four years ago tied to the popular game streaming platform that it acquired in 2014. In both its old and new incarnations, Twitch Prime/Prime […]

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One of the largest owners of shopping mall real estate in the United Stages, Simon Property Group, has been talking to Amazon about transforming its anchor department stores into Amazon distribution hubs, according to the Wall Street Journal. In the case of Simon Property, the anchor tenants like J.C. Penney and Sears that used to […]

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