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Waymo raises $2.5 billion in latest fundraising round despite challenges

Waymo, the self-driving company of Google's parent company Alphabet, has raised $2.5 billion as its investors appear undeterred by a CEO change and progress that has lagged expectations.
Tags: Google, Cnn, Alphabet, Waymo


Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round

Waymo, Google’s former self-driving project that is now a business unit under Alphabet, said Wednesday it raised $2.5 billion in its second outside funding round. The company said in a blog post it will use the funds to continue growing Waymo Driver, its autonomous driving platform, and growing its team. The round saw participation from existing investors Alphabet, Andreessen Horowitz, AutoNation, Canada Pension Plan Investment Board, Fidelity Management & Research Company, Magna International, ...
Tags: Google, Tech, Houston, Coo, Alphabet, John Krafcik, Krafcik, Waymo, Waymo Google, Waymo Alphabet, Tekedra Mawakana, Dmitri Dolgov, Kirsten Korosec, CTO Krafcik, T Rowe Price Associates Inc Temasek, Metro Phoenix Arizona


Investors shouldn't rush back to big tech stocks as reflation and reopening trades are better near-term bets, says UBS

Facebook CEO Mark Zuckerberg. Photo by Drew Angerer/Getty Images Investors shouldn't rush back into buying stocks in big tech companies, the wealth management team at UBS said in Monday note. Tech stocks will face another rise in bond yields and the industry will be dealing with near-term regulatory headwinds. House lawmakers last week introduced five bills at aimed addressing antitrust concerns. See more stories on Insider's business page. Investors should hold off on diving ba...
Tags: Apple, Google, Facebook, Mark Zuckerberg, US, Trends, Tech, Markets, House, Ubs, Stocks, Federal Reserve, Alphabet, Alphabet Google, Amazon Apple Facebook, Carla Mozee


Tech companies are looking at more flexible work models when offices reopen

Last week, Apple announced it wanted employees to return to the Cupertino campus for three days a week starting in September. Some employees who have grown used to the flexibility of working at home pushed back. Prior to the pandemic, with few exceptions, most employees went into an office most days. But when COVID hit in March 2020 and workers were forced home, employers quickly learned that their staff could be productive even when they weren’t sitting in the same building. Now it seems it wil...
Tags: Apple, Google, Amazon, Work, Work From Home, TC, Facebook, Microsoft, Tech, Andreessen Horowitz, Cupertino, Sundar Pichai, Alphabet, Hinchcliffe, Constellation Research, Dion Hinchcliffe


Democrats plan to take on big tech with 5 major antitrust bills aimed at making it easier to weaken monopolies

ANGELA WEISS/AFP via Getty Images/Rich Fury/Getty Images/Stephen J. Cohen/WireImage/Mateusz Wlodarczyk/NurPhoto via Getty Images House Democrats plan to introduce five bills aimed at weakening big tech monopolies, Politico reported. The bills would let regulators block mergers between rivals and unwind past ones, and bar some anticompetitive practices. The bills reflect recommendations from the House's landmark antitrust investigation and report last year. See more stories on Insider&...
Tags: Apple, Google, Amazon, Facebook, Politics, News, Enterprise, Congress, Washington, Politico, US, Trends, Legislation, Pennsylvania, Democrats, House


Exxon’s Newest Activist Investor Is a 'Space Cowboy'

Exxon announced Wednesday that a third new member has been appointed to the company’s board, following a week of vote counting after the company was caught by surprise by a last week led by activist investor Engine No. 1. The new board member, Alexander “Andy” Karsner, currently works as a…Read more...
Tags: Energy, Science, Environment, Articles, Linkedin, Renewable Energy, Energy industry, Exxon, Alphabet, Alexander, Thomas Friedman, National Renewable Energy Laboratory, Rockefeller Family, Emerson Collective, Kaisa Hietala, American Brands


Delivery, drones and DHL

Locus (not to be confused with this Locus) is one of those names that’s been popping up a lot in the news — and this roundup — over the past year. Last time we spoke to the Massachusetts company, it was around a sizable raise — $150 million to be nearly precise. That effectively valued the company as a unicorn. Core to the company’s successes are its partnerships (as is the case with any robotics fulfillment company). DHL has been a big (or the biggest) name in the mix since 2017. Amid pandemic ...
Tags: Amazon, London, Boston, Massachusetts, US, Tech, Ford, Dji, Pentagon, Toyota, States, Robotics, DHL, Huawei, Hyundai, Loon


Google workers are pushing the company to use preferred names on ID badges and drop deadnames

The Alphabet Workers union launched a petition calling for Google to stop requiring trans workers to use deadnames on company badges. Ng Han Guan/AP Photo The Alphabet Workers Union launched a new campaign urging Google to #DropTheDeadnames. Their petition asks Google to stop requiring trans workers to use names they no longer identify with on company ID badges. Many businesses, from Silicon Valley to Wall Street, are working to create more gender-inclusive work environments. See more s...
Tags: Google, News, Instagram, US, Trends, New York Times, Silicon Valley, Goldman Sachs, Lgbtq, Gender Equality, Alphabet, Lee, American Journal of Public Health, Tech Insider, Deadname, Alphabet Workers Union


Former head of Alphabet’s Loon joins Starship Technologies as new CEO

Autonomous robotics company Starship Technologies has a new CEO. The company on Tuesday said Alastair Westgarth, the former CEO of Alphabet’s Loon, would be leading the company as it looks to expand its robotics delivery service. Westgarth previously headed Loon, Alphabet’s experiment to deliver broadband via high-altitude balloons, from 2017. The project shut down for good at the beginning of this year. The company said in a farewell blog post that “the road to commercial viability has proven m...
Tags: Transportation, Tech, Project Loon, Robotics, Loon, Alphabet, Starship Technologies, Nortel, Ahti Heinla, Starship, Westgarth, Loon Westgarth, Alastair Westgarth, Delivery Robots, Robot Delivery, Lex Bayer


Slack CEO Stewart Butterfield and Away's Jen Rubio just had their first child together. Here are 13 other power couples who rule the tech world.

Snap CEO Evan Spiegel and wife Miranda Kerr. Stefanie Keenan/Getty Images for Snap Inc Slack's Stewart Butterfield and Away's Jen Rubio just had their first child together. They're among over a dozen other leaders in the tech industry in relationships with powerful people. Some, like Jeff Bezos and MacKenzie Scott, and Bill and Melinda Gates, have recently split up. See more stories on Insider's business page. As the singer Grimes, Tesla CEO Elon Musk's girlfriend, migh...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Elon Musk, Marriage, Instagram, Yahoo, Life, US, Trends, Tech, Features, Rome, Wyoming


‘Silicon Six’ tech giants accused of inflating tax payments by almost $100bn

Study claims firms paid $96bn less in tax between 2011 and 2020 than the notional figures cited in their annual reportsThe giant US tech firms known as the “Silicon Six” have been accused of inflating their stated tax payments by almost $100bn (£70bn) over the past decade.As Chancellor Rishi Sunak called on world leaders to back a new tech tax ahead of next week’s G7 summit in the UK, a report by the campaign group Fair Tax Foundation singled out Amazon, Facebook, Google’s owner, Alphabet, Netfl...
Tags: Apple, Google, Amazon, Business, UK, Technology, Microsoft, Internet, US, Tax and spending, E-commerce, Netflix, Technology sector, Computing, Tax Avoidance, Corporate Governance


Experts from Toyota, Ford and Hyundai will discuss automotive robotics at TC Sessions: Mobility

The events of the past year have only served to accelerate interest in all things robotics and automation. It’s a phenomenon we’ve seen across a broad range of categories, and automotive is certainly no different. Of course, carmakers are no strangers to the world of robotics. Automation has long played a key role in manufacturing, and more recently, robotics have played another central role in the form of self-driving vehicles. For this panel, however, we’re going to look past those much-discus...
Tags: Google, TC, Transportation, Tech, Automotive, Ford, Michigan, Toyota, Manufacturing, Robotics, Engines, Robot, Hyundai, New Horizons, Stanford University, Boston Dynamics


Desk Chair by Alphabet

Desk Chair by Alphabet Based in Montreal, Canada, Alphabet has fused the chair and desk, to form a chair with a laptob or tablet table in front of it. Seems clever and comfy. The post Desk Chair by Alphabet appeared first on Chairblog.eu.
Tags: Books, Steel, Chair, Alphabet, Alphabet Based in Montreal Canada Alphabet


Germany, France, Dutch Want More Say Over Tech Giants' Start-Up Deals

By Foo Yun CheeBRUSSELS (Reuters) - Draft rules targeted at Alphabet unit Google, Facebook, Amazon and Apple should be beefed up to allow...
Tags: Apple, Alphabet, Google Facebook Amazon, Foo Yun, Reuters Draft


Most executives say they want more contract and temp workers. A majority of those workers say that's not good enough.

Jorge Vargas joins other rideshare drivers in a demonstration in November 2020 urging voters to vote reject Proposition 22, a ballot measure that exempted companies like Uber and DoorDash from California's AB-5 law. Al Seib /Los Angeles Times/Getty Images Contract workers "overwhelmingly" want to be permanent employees, according to a new McKinsey-Ipsos survey. But executives say they plan to rely more heavily on contract labor, McKinsey previously found. The findings reveal a huge div...
Tags: Google, Amazon, Transportation, Facebook, Lyft, Uber, Twitter, Politics, New York, News, Media, Labor, California, US, America, Trends


Thousands of YouTube comments on Sky News Australia video celebrate BLM activist being shot in head

Exclusive: The racist and violent comments appear below a video news report about Sasha Johnson who was shot in the head in LondonSky News Australia’s YouTube channel has published more than 9,000 comments mostly celebrating and mocking the shooting of a Black Lives Matter activist in Britain who is fighting for her life.The racist and violent comments, which could be described as hate speech, appear below a short video news report uploaded on Monday about the activist Sasha Johnson. Johnson rem...
Tags: Google, London, Australia, Youtube, World news, Australia news, Britain, Australian media, BLM, Alphabet, Kevin Rudd, Sky News Australia, Sasha Johnson, LondonSky News Australia 's YouTube, Sasha Johnson Johnson


Skiff, an end-to-end encrypted alternative to Google Docs, raises $3.7M seed

Imagine if Google Docs was end-to-end encrypted so that not even Google could access your documents. That’s Skiff, in a nutshell. Skiff is a document editor with a similar look and feel to Google Docs, allowing you to write, edit and collaborate in real-time with colleagues with privacy baked in. Because the document editor is built on a foundation of end-to-end encryption, Skiff doesn’t have access to anyone’s documents — only users, and those who are invited to collaborate, do. It’s an idea th...
Tags: Google, Security, Startups, Technology, Yahoo, Tech, Ceo, Encryption, Cryptography, End-to-end Encryption, Software, Google-docs, Sequoia Capital, Jerry Yang, Signal, Operating Systems


Google’s data terms are now in Germany’s competition crosshairs

Germany’s national competition regulator, the Bundeskartellamt, has continued its investigative charge against big tech —  that it’s opened two proceedings into Google. The move follows earlier proceedings targeting Amazon and Facebook — both of which are also looking to determine whether their businesses are of “paramount significance for competition across markets”, as German competition law puts it. (The regulator is also probing Facebook’s tying of Oculus to Facebook accounts.) In Google’s ...
Tags: Google, Amazon, Android, Facebook, Europe, UK, Privacy, Advertising Tech, France, Germany, Tech, Eu, European Union, Policy, Ireland, United Kingdom


Vertical farming: disrupting agriculture

Vertical farming leverages cutting-edge technology to grow food in a new and better way.One of its many benefits is that it can increase crop yield by 700 percent.Vertical farming can help relieve pressure on scarce resources and boost Earth's biodiversity.One day soon, you could eat bananas grown in downtown Manhattan.It's a way of growing food that turns traditional agriculture on its head. With the required technologies now rapidly maturing, vertical farming is sprouting across the globe.Whil...
Tags: Food, Asia, Europe, Business, Japan, New York, Texas, Technology, Environment, Sustainability, Earth, Taiwan, Wyoming, Middle East, Innovation, Agriculture


Sidewalk Labs launches Pebble, a sensor that uses real-time data to manage city parking

Sidewalk Labs, Alphabet’s urban innovation organization, has announced the launch of Pebble, a vehicle sensor that’s designed to help manage parking in cities by providing real time parking and curb availability data. Here’s how it works: small spherical sensors are stuck to the ground on parking spaces to note the absence or presence of a vehicle. Then solar-powered gateway hardware, which can be strapped easily to street poles, uses IoT to connect the sensor to the cloud through the cellula...
Tags: Transportation, Smart City, New York, Nick Jonas, New York City, Toronto, Tech, Parking, Pebble, Google Maps, Jonas, Sidewalk Labs, Alphabet, Bart, Metropolitan Transit Authority, Connected City


Don’t wait for legislation banning NDAs: Write ethical policies now

Julie Goldsmith Reiser Contributor Share on Twitter Julie Goldsmith Reiser is the co-chair of the Securities Litigation & Investor Protection group at national plaintiffs’ law firm Cohen Milstein Sellers & Toll. Louise Renne Contributor Share on Twitter Louise Renne is a founding partner of Renne Public Law Group and leads the firm’s public interes...
Tags: Startups, Column, Pinterest, Law, Labor, California, Opinion, Tech, Diversity, Companies, Fox, United States, Labor Rights, Venture Capital, Sexual Harassment, Alphabet


Investing in Black-led startups and investment firms

My venture capital job places me at the intersection of burgeoning technologies and funding new businesses. As general counsel of Alphabet’s CapitalG, I’m responsible for our fund’s legal work, and I work with the growth team to help our portfolio companies accelerate the growth of their businesses. I’ve also had the privilege to lead an Alphabet-wide team focused on investing in Black-led VC funds, startups and organizations supporting Black entrepreneurs. As racial equity is inextricably linke...
Tags: Google, New York, Los Angeles, Atlanta, Miami, Medicaid, Black, Alphabet, Bay Area, Diversity and Inclusion, Cityblock Health, Collab Capital, Google for Startups Black Founders Fund, Helping Black, Jeremiah Gordon, Noemis Ventures


Waymo to lose its CFO and head of automotive partnerships

Waymo’s chief financial officer Ger Dwyer and its head of automotive partnerships and corporate development Adam Frost — two longtime executives at the autonomous vehicle company — are leaving this month, departures that comes amid some executive shuffling following CEO John Krafcik’s exit earlier this year. Dwyer and Frost’s departure was shared internally this week, according to multiple sources. Waymo has confirmed to TechCrunch that Dwyer and Frost are leaving. “We’re grateful to Ger and Ada...
Tags: Google, TC, Transportation, California, France, Tech, Austin, Automotive, Ford, House, Fca, AutoNation, Autonomous Vehicles, Oxford University, Nissan, Frost


Bitcoin could hit $250,000 within 5 years if it rivals gold's market cap, an investment chief says

KTS Design/Science Photo Library/Getty Images Bitcoin could hit $250,000 within the next five years, Morgan Creek Capital's investment chief said. Mark Yusko said the evolution of Ethereum looks promising, but Doge is in the "useless category." Bitcoin's share in the crypto market has fallen sharply over the past month from 55% to below 35%. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin could hit $250,000 within the next five years as it approac...
Tags: US, Trends, Alphabet, TCP, Mike Novogratz, Facebook Amazon Apple Netflix, Morgan Creek Capital, Morgan Creek Capital Management, Mark Yusko, Shalini Nagarajan, CNBC s Trading Nation, Mark Yusko Yusko, Yusko


How private is your Gmail, and should you switch?

You might be surprised how much Google’s email service – and others – know about you. Here’s how to set some boundariesMost people are aware of the cookies that track them across the web, and the privacy-invading practices of Google search, but did you know Google’s email service, Gmail, collects large amounts of data too?This was recently put into stark focus for iPhone users when Gmail published its app “privacy label” – a self-declared breakdown of the data it collects and shares with adverti...
Tags: Google, Science, Technology, Gmail, Email, Privacy, Computing, Data Protection, Alphabet


Google's Stadia division is continuing to bleed talent as more notable names depart

Google vice president and general manager Phil Harrison speaks during a Google keynote address announcing a new video gaming streaming service named Stadia at the Gaming Developers Conference in San Francisco Reuters Google Stadia is continuing to lose top talent. Its head of product recently departed the company, while six other employees have hopped over to a new studio. It's more bad news for the platform, which got off to a rocky start. See more stories on Insider's business pa...
Tags: Google, Gaming, San Francisco, Trends, Sony, Ubisoft, Alphabet, Raymond, John Justice, Watch Dogs, Phil Harrison, Stadia, Tech Insider, Jade Raymond, Hugh Langley, Stadia Games Entertainment


Why Amazon and Alphabet may need to split their high-priced stocks

Amazon and Google owner Alphabet are two of the most valuable companies on the planet. They dominate their industries, generate tons of cash and are obscenely profitable. Yet neither of the companies are in the prestigious Dow Jones Industrial Average — and for a good reason.
Tags: Google, Amazon, Cnn, Alphabet


Share buyback plans have boomed and should help the US stock market continue to soar higher, research firm says

Xinhua/Wang Ying/Getty Images Corporate buyback announcements 'exploded' as trading in April wrapped up and that helped push stocks higher, said Vanda Research. A jump in buybacks should help soften the blow in the US equity market in the event of a drawdown. "As net equity supply shrinks every dollar invested in the US market will have a larger marginal impact," said Vanda. See more stories on Insider's business page. There's been a surge in planned corporate share buy...
Tags: Apple, Google, Wall Street, US, Trends, Markets, Bank Of America, Stocks, Stock Market, S&P 500, Dow Jones Industrial Average, Alphabet, Nasdaq Composite, Carla Mozee, Share Buybacks, Vanda


Antitrust: Hawley and Klobuchar on the big tech battles to come

The Republican senator has written a sort of manifesto for the presidential primary. The Democrat seems focused on the supreme courtHawley rails at big tech firms but he has invested in themAntitrust is hot. In February, the Minnesota senator Amy Klobuchar introduced the Competition and Antitrust Law Enforcement Reform Act of 2021. Weeks later, the Missouri senator Josh Hawley proposed the Trust-Busting for the Twenty-First Century Act. Both bills are pending before the Senate judiciary committe...
Tags: Google, Amazon, Facebook, Books, Technology, Minnesota, Internet, Republicans, Senate, World news, E-commerce, US news, Culture, Democrats, US politics, Missouri


Big Tech is now worth so much we’ve forgotten to be shocked by the numbers

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. If you want it in your inbox every Saturday morning, sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. TechCrunch isn’t a public-market-focused publication. We care about startups. But public tech companies can, at times, provide interesting insights into how the broader technology ...
Tags: Apple, Amazon, Fundings & Exits, Startups, Facebook, Europe, Microsoft, Tech, United States, Ireland, Zomato, Draper Esprit, Accel, Deliveroo, Alphabet, Exchange