Friday, October 20, 2017

Lyft gets a $1B lift. It's The Daily Crunch.

THE DAILY CRUNCH
FRIDAY, OCTOBER 20 2017 By Darrell Etherington

Lyft raises $1 billion, Stich Fix files to go public and Amazon finally revises its Echo. All that and more in The Daily Crunch for October 20, 2017.

1. Lyft raises $1 billion

Lyft raised a new $1 billion in funding, thanks to a new round led by Alphabet's CapitalG investment fund. That's at least the third ride sharing startup the Google parent has invested in through its funding arms.

It's also a lot of added runway for Lyft to continue pressing the leader in the space, Uber, and to keep its work going with signing up partners for its autonomous driving platform.

2. Stitch Fix files for IPO

A startup that's mostly profitable filing to go public? Crazy. Yet that's what Stitch Fix is, on the back of its ecommerce model that aims to take the stress and choice out of clothes shopping.

3. Amazon's Echo upgrade is a good one

Listen, I have an Echo and I love it but the sound is awful. Per Brian, the new Echo has better sound, and a stylish new exterior. That's good enough for me, I'm sold.

4. All of Adobe's news from its annual MAX conference

Adobe had its annual conference this week, and it changed a lot of stuff, including bringing some products out of beta and putting Lightroom (mostly) in the cloud.

5. Palmer Luckey's new company wants to bring AR and VR to the battlefield

I don't really understand how you can get more dystopian than this. I'm sure Palmer will show me over the next months and years.

6. Harman Kardon's Cortana speaker is actually pretty good

Turns out, all smart speakers are pretty much okay in this modern era. Amazing how quickly the smart in smart speakers got commoditized. Just buy the one you like the looks of best, basically.

7. It's podcast time.

Yes, you heard it here first – it's Friday and that means official TechCrunch podcasts. There's a brand new Original Content where we watched Inhumans so you don't have to, and a new Equity where goes Barry Eggers helps cover off a bunch of IPOs.


Get more stories at techcrunch.com 

Newest Jobs From CrunchBoard:

SEE MORE JOBS ON CRUNCHBOARD
Post your tech jobs and reach millions of TechCrunch readers for only $200 per month
Facebook   Twitter   Youtube   Instagram   Flipboard
View this email online in your browser
If you do not want to receive this email or you would like to update your preferences click here.
410 Townsend Street, San Francisco, CA 94107
© 2017 AOL Inc. All rights reserved.   Privacy Policy   Terms of Service
                                                           

No comments:

Post a Comment