Amazon makes a huge podcast acquisition, a Chinese robotic maker raises $100 million and we examine a robotic feline pillow. This is your Daily Crunch for December 30, 2020.
The huge story: Amazon gets Wondery
Amazon is the current business to make a huge acquisition in the podcast market– it’s buying Wondery, the podcast network behind programs like “Dirty John” and “Physician Death.”
Although Wondery is entering into Amazon Music (which included podcast assistance in September), the business likewise states that “absolutely nothing will alter for listeners” which Wondery’s podcasts will continue to be offered from “a range of service providers.”
The monetary regards to the offer were not revealed.
Start-ups, financing and equity capital
China’s adaptive robot maker Flexiv raises over $100M— Wang Shiquan, an alumnus of Stanford’s Biomimetics and Dexterous Adjustment Laboratory, established Flexiv with a concentrate on structure adaptive robotics for the production market.
Biteable raises a $7M Series A for its template-based online video builder— The item is developed for developing video possessions that have more remaining power than short-term social videos.
An earnest review of a robotic cat pillow— It’s adorable!
Guidance and analysis from Bonus Crunch
On the diversity front, 2020 may prove a tipping point— VCs have actually spoken about variety for eons without doing much about it.
2020 will change the way we look at robotics— From logistics to food preparation, robotics are custom-made to assist humanity endure a pandemic.
Dear Sophie: Tips for getting a National Interest green card by myself?— The current edition of Dear Sophie, lawyer Sophie Alcorn’s guidance column responding to immigration-related concerns about operating at innovation business.
( Bonus Crunch is our subscription program, which intends to equalize details about start-ups. You can sign up here for a holiday deal excellent through January 3. Find out more about the offer here.)
Whatever else
Section 230 is threatened in new bill tying liability shield repeal to $2,000 checks— The relocation appears more like a political maneuver than a genuine stab at tech guideline.
NSO used real people’s location data to pitch its contact-tracing tech, researchers say— Scientists state NSO’s usage of genuine information “broke the personal privacy” of countless unwitting individuals.
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