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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
SpaceX said to be raising $500m to help fund internet service
SpaceX is raising $500 million at a valuation of $30.5 billion, according to a WSJ report citing people familiar with the matter. The company is said to be raising the capital in part to help fund its ambitious Starlink internet service project. According to the announced plan, SpaceX intends to launch 11,000 satellites to plaster […]

Tue, 18 Dec 2018 15:49:02 +0000

Sphero is finished making Star Wars products
Sphero’s on-going deals are about more than just priming the pump for the holidays. The Colorado robotic toy startup is also in the process of cleaning out inventory of what are now be marked “legacy” products on its site. All of the Disney licensed products now carry a “THIS IS A LEGACY PRODUCT AND NO […]

Tue, 18 Dec 2018 15:13:07 +0000

AT&T is turning on 5G access for its new mobile hotspot this week
A little taste of 5G is coming early, courtesy of AT&T’s new mobile hotspot. The carrier announced this morning that it will be firing up limited 5G service in a dozen cities across the U.S. this Friday, currently only accessible via the Netgear Nighthawk 5G Mobile Hotspot. Those who pick the router up will be […]

Tue, 18 Dec 2018 14:24:14 +0000

As NAACP kicks off boycott, Facebook says content moderation, infrastructure changes are coming in 2019
Facebook’s ongoing efforts to repair its image as a greedy, neglectful accessory to the spread of misinformation and other nefarious practices has taken a turn to civil rights and specifically how it serves non-white users, which proportionately account for the social network’s most active members. Today — the first day of #LogOutFacebook, a week-long boycott of […]

Tue, 18 Dec 2018 14:19:05 +0000

Cisco to acquire silicon photonics chip maker Luxtera for $660 million
As networks get put under increasing pressure from ever-growing amounts of data, network equipment manufacturers are facing huge challenges to increase data transmissions speeds over further distances. As a premiere networking equipment company, Cisco wants to be prepared to meet that demand. Today, it opened up its checkbook and announced its intent to acquire Luxtera […]

Tue, 18 Dec 2018 14:00:27 +0000