Daily Crunch - Taboola and Outbrain call off their merger

TechCrunch Newsletter

Wednesday, September 09, 2020 • By Anthony Ha

A massive content recommendation merger falls apart, Microsoft reveals the release date and pricing for its flagship game console and Alexa enables phone calls for AT&T customers. This is your Daily Crunch for September 9, 2020.

The big story: Taboola and Outbrain call off their merger Looks like the two biggest companies in the content recommendation market won’t be teaming up after all. Taboola and Outbrain announced an $850 million merger last year, but apparently a “challenging cultural fit” and the financial impact of the COVID-19 pandemic on the digital ad business have scuttled the deal. There’s been no formal announcement yet, but TechCrunch’s Ingrid Lunden has confirmed the news with both companies. "We've seen changing conditions in the market due to COVID-19, and we decided to terminate the deal,” an anonymous source told us. Read more Image Credits: Taboola

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The tech giants Microsoft confirms $499 Xbox Series X arrives November 10, pre-orders begin September 22 — We mentioned a new, scaled-down Xbox yesterday, but Microsoft announced today that the flagship Xbox Series X is arriving on November 10. AT&T customers can now make and receive calls via Alexa — Once enabled, customers with supported devices will be able to speak to the Alexa digital assistant to start a phone call or answer an incoming call. Snapchat's new Lens celebrates tomorrow's NFL kickoff — Snap and the NFL recently announced a multi-year extension to their content partnership. Image Credits: Microsoft

Startups, funding and venture capital Yubico unveils its latest YubiKey 5C NFC security key, priced at $55 — The company says this new security key offers the strongest defenses against some of the most common cyberattacks. Xometry raises $75M Series E to expand custom manufacturing marketplace — The company has built an online marketplace where businesses can find manufacturers across the world with excess capacity to build whatever they need. Rick Moranis breaks acting hiatus for 30 seconds to launch Mint's $30 a month unlimited plan — Why? Who knows! Image Credits: Yubico/supplied

Advice and analysis from Extra Crunch As direct listing looms, Palantir insiders are accelerating stock sales — Danny Crichton examines how insiders perceive Palantir's value. Shift's George Arison shares 6 tips for taking your company public via a SPAC — Shift has nearly completed the SPAC process. Slack's earnings detail how COVID-19 is both a help and a hindrance to cloud growth — Alex Wilhelm looks at Slack’s latest numbers. (Reminder: Extra Crunch is our subscription membership program, which aims to democratize information about startups. You can sign up here.) Image Credits: Patrick T. Fallon/Bloomberg / Getty Images

Everything else Watch the first trailer for the insanely star-studded 'Dune' — Sandworms, ahoy! Learn how to build a service marketplace from the CTOs of Peloton and DoorDash at Disrupt — The connected fitness platform and food delivery app have both built massive service businesses that touch millions of consumers. Image Credits: Warner Bros

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Daily Crunch - Apple files countersuit against Epic

TechCrunch Newsletter

Tuesday, September 08, 2020 • By Anthony Ha

Apple strikes back at Epic Games, Android 11 is here and Microsoft announces a new stripped-down Xbox. This is your Daily Crunch for September 8, 2020.

The big story: Apple files countersuit against Epic Apple has made the latest move in a legal battle against Epic Games, filing a lawsuit claiming that the company behind Fortnite is in breach of contract. "Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple wrote in its suit. This follows Epic’s attempt in August to avoid Apple’s 30% App Store fee, which led to Apple removing Fortnite and eventually Epic from the App Store. (Accounts tied to Epic’s Unreal game engine have not been removed.) Epic then launched a lawsuit and a PR campaign against Apple, arguing that the company is abusing its market power. Read more Image Credits: Andrew Harrer/Bloomberg via Getty Images / Getty Images

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The tech giants Android 11 has arrived — Android 11 isn't a radical departure, but there are a number of interesting new user-facing updates that mostly center around messaging, privacy and giving you better control over all of your smart devices. Microsoft confirms compact, $299 Xbox Series S arriving on November 10 — The Series S is essentially a stripped-down version of the upcoming Series X, without true 4K rendering and with a lot less processing power. Apple's next event is September 15 — The event will almost certainly feature the new Apple Watch.

Startups, funding and venture capital General Motors takes $2 billion stake in electric truck startup Nikola — Through the deal, GM gets 11% ownership in startup Nikola, and will, in turn, produce Nikola's wild fuel cell pickup truck by the end of 2022. Silver Lake leads $500 million investment round in Indian online learning giant Byju's — The round values the Indian online learning platform at $10.8 billion. Progress snags software automation platform Chef for $220M — Progress, a Boston-area developer tool company, is boosting its offerings in a big way. Image Credits: Nikola Motor

Advice and analysis from Extra Crunch How to respond to a data breach — How a company responds to a data breach can make or break its reputation. 9 proptech investors talk co-living, home offices and other pandemic trends — TechCrunch surveyed nine firms that are writing checks today, and this second installment focuses on the opportunities and risks for startups. JFrog's IPO strong initial price range values it ahead of the larger Sumo Logic — The IPO wave continues to crest as a number of well-known technology companies line up to float their equity on American exchanges. (Reminder: Extra Crunch is our subscription membership program, which aims to democratize information about startups. You can sign up here.)

Everything else 'Mulan' drove Disney+ app downloads up 68% week-over-week, but didn't beat 'Hamilton' — According to early data, the launch helped grow Disney+ mobile installs by 68%, compared with one week prior. Original Content podcast: 'Teenage Bounty Hunters' is more interested in relationships than bounty hunting — Despite the show’s silly name, we ended up surprisingly invested in the characters. Drew Houston will talk about building a startup and digital transformation during COVID at TechCrunch Disrupt — This is next week! Image Credits: The Walt Disney Company

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard Sr Technical Lead at RAIN (New York, NY, USA) Software Engineer/ Programmer at SOCIF Limited (Hong Kong) Operations Manager at Chorus One Inc (Anywhere) Full Stack iOS Developer (Austin, TX) at Cool New Startup (Austin, TX, USA) Growth Marketer at Stepsize (London, UK) See more jobs on CrunchBoard Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

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Daily Crunch - Peloton might expand its product lineup

TechCrunch Newsletter

Friday, September 04, 2020 • By Anthony Ha

Peloton’s product lineup is both getting cheaper and more expensive, Nintendo announces a new retro device and Palantir reveals more about its governance plans. This is your Daily Crunch for September 4, 2020.

The big story: Peloton might expand its product lineup Peloton is preparing to add new products at both ends of its pricing range, according to a report in Bloomberg. Specifically, it’s planning to add an entry-level treadmill that would retail for less than $3,000, as well as a higher-end bike, called the Bike+, which could serve as a centerpiece for a home gym that also supports strength training and other workouts. Meanwhile, Peloton would also drop the price for its existing bike to under $1,900. Altogether, this sounds like a smart way to both lower the price of entry while also creating new products for people who don’t feel safe going to the gym (assuming it’s open at all) during the pandemic. Read more Image Credits: Michael Loccisano / Getty Images

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The tech giants Nintendo is remaking the first portable gaming system it ever built —  For nearly a decade before Nintendo released the iconic Game Boy, it was making the Game & Watch, which it’s now planning to re-release in a limited edition. WhatsApp reveals six previously undisclosed vulnerabilities on new security site — The vulnerabilities are being reported on a new, dedicated security advisory website. Google pushes Europe to limit 'gatekeeper' platform rules — Google has made its pitch to shape the next decades of digital regulation across the European Union. Image Credits: Nintendo

Startups, funding and venture capital In amended filing, Palantir admits it won't have independent board governance for up to a year — Palantir's model is unique in allowing founders to have a commanding vote even if they were to sell their shares. Yandex spins out self-driving car unit from its Uber JV, invests $150M into new company — The move comes amid reports that Yandex and Uber were eyeing up an IPO for their joint venture MLU last year. Teemyco creates virtual offices so you can grab a room and talk with colleagues — The company wants to foster spontaneous interactions and casual collaboration with a room-based interface. Image Credits: David Paul Morris/Bloomberg / Getty Images

Advice and analysis from Extra Crunch 3 views on the future of geographic-focused funds — Natasha Mascarenhas, Danny Crichton and Alex Wilhelm of the TechCrunch Equity crew discuss the future of geographic-focused funds, given the uptick of remote investing. Brands that hyper-personalize will win the next decade — Personalizing the experience is a start, but it isn't the end. (Reminder: Extra Crunch is our subscription membership program, which aims to democratize information about startups. You can sign up here.) Image Credits: Francesco Carta fotografo / Getty Images

Everything else Stocks are selling off again, and SaaS shares are taking the biggest lumps — Stocks, it turns out, can go down, and they can do so very quickly. Low-cost fitness bands see a resurgence in interest amid the pandemic — While wearable fitness devices saw an uptick in shipments in North America for Q2, the overall dollar amount of the market remained steady, according to new numbers out of Canalys. NSA's Anne Neuberger to talk cybersecurity at Disrupt 2020 — Neuberger took the helm at the NSA's newly created Cybersecurity Directorate a year ago. Image Credits: Spencer Platt / Getty Images

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard Software Engineer/ Programmer at SOCIF Limited (Hong Kong) Operations Manager at Chorus One Inc (Anywhere) Full Stack iOS Developer (Austin, TX) at Cool New Startup (Austin, TX, USA) Growth Marketer at Stepsize (London, UK) A.I. Sports Startup seeks talented iOS engineer [remote position] at Sparrow (Anywhere) See more jobs on CrunchBoard Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

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