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Intel to invest $253.5 million in India's Reliance Jio Platforms


Intel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have backed India’s top telecom operator in recent months. The chipmaker’s investment arm said it is acquir… more

Festo's latest biomimetic robots are a flying feathered bird and ball-bottomed helper arm


You could be excused for thinking that German robotics company Festo does nothing but put together fabulous prototype robots built to resemble kangaroos, jellyfish, and other living things. They do in fact actually make real industrial robots, but it’s hard n… more

Sprint 5G is no more, as T-Mobile focuses on its own network


A day after formally completing the sale of Boost, Virgin and other Sprint prepaid networks to Dish, T-Mobile is pulling the plug on Sprint 5G. The move is one in a long list of issues that need sorting out in the wake of April’s $26.5 billion merger. And lik… more

Uber adds another independent director to its board: Flex CEO Revathi Advaithi


Uber has a new, independent board member, shows a new SEC filing: CEO Revathi Advaithi of 51-year-old Flex, which is among the world’s largest electronic manufacturers and competes against Taiwan’s Foxconn Technology. Advaithi, a mechanical engineer who grew … more

'Westworld' creators are developing a 'Fallout' TV series for Amazon


“Fallout,” the post-apocalyptic video game franchise published by Bethesda Softworks, is being turned into a TV series by Kilter Films, the production company of Jonathan Nolan and Lisa Joy. The series, which began in 1997, takes place in an alternate future … more

Police roll up crime networks in Europe after infiltrating popular encrypted chat app


Hundreds of alleged drug dealers and other criminals are in custody today after police in Europe infiltrated an encrypted chat system reportedly used by thousands to discuss illegal operations. The total failure of this ostensibly secure method of communicati… more

Velodyne becomes latest tech company to go public using a SPAC, eschewing the traditional IPO path


Velodyne Lidar, the leading supplier of a sensor widely considered critical to the commercial deployment of autonomous vehicles, said Thursday it has struck a deal to merge with special-purpose acquisition company Graf Industrial Corp., with a market value of… more

Project M acquires punk rock satire site The Hard Times


Matt Saincome knows that compared to many of the startup acquisitions that we write about on TechCrunch, selling a website for a little over $1 million (mostly cash, with a little stock) isn’t a huge deal. “But in the world of punk comedy media? Whoo boy!” he… more

Extra Crunch Live: Join Jason Green of Emergence Capital for a live Q&A on July 9 at 2pmET/11amPT


2020 may feel so far like the year of living dangerously, but for many of us it has also been the year of working remotely. Led by the stick of COVID-19 rather than the carrot of the benefits of more flexible work life, a lot of organizations, and the people … more

Let's stop COVID-19 from undoing diversity gains


As COVID-19 turned up the pressure for businesses around the world, that progress came under threat, with D&I initiatives taking a back seat more

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