Daily Crunch: 7 months after emerging from stealth, YC alum Arc secures $20M Series A

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello! Did you know that TechCrunch Live is on a shiny new platform? We’ve even made it easier to enter our two-minute Pitch Practice segment. You can now apply any day, any… Continue reading Daily Crunch: 7 months after emerging from stealth, YC alum Arc secures $20M Series A

SAIC Mobility Robotaxi valued at $1B after $148M Series B

SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC that aims to launch a commercial robotaxi service, raised $148 million (RMB 1 billion). The funds will be used to scale its robotaxi service in China, which it will operate in partnership with autonomous vehicle company Momenta. SAIC Group led the Series B round that… Continue reading SAIC Mobility Robotaxi valued at $1B after $148M Series B

Faraday Future seeks to raise capital after massive Q2 loss

Faraday Future, maker of the long-delayed FF91 EV, re-upped its commitment to raising funds while reporting Tuesday that its second-quarter operating losses more than quadrupled. The company posted an operating loss of $137 million for the second quarter compared with $28 million for the year-ago period. Overall, its second-quarter financial report paints a grim picture.… Continue reading Faraday Future seeks to raise capital after massive Q2 loss

Walmart’s last-mile delivery service, Walmart GoLocal, tops 1M deliveries in year one

Walmart’s last-mile delivery service business, Walmart GoLocal, has topped 1 million deliveries in its first year, the retailer today revealed. The company offered a brief update on the state of its newer delivery business during its Q2 earnings call on Tuesday, where it noted that GoLocal had been growing its support of local merchants’ delivery… Continue reading Walmart’s last-mile delivery service, Walmart GoLocal, tops 1M deliveries in year one

Ford, GM, BMW partner with SMUD on managed EV charging pilot

Automakers Ford, GM, and BMW are announcing a new managed EV charging pilot program with SMUD, the sixth-largest not-for-profit electric service provider. Ford, GM, and BMW are partnering with SMUD on a managed electric vehicle (EV) charging pilot. The new charging pilot will help EV customers save money on utility costs to promote a balanced… Continue reading Ford, GM, BMW partner with SMUD on managed EV charging pilot

Tesla’s public Superchargers are deemed ‘illegal’ in Germany due to technicality

Tesla’s Supercharger stations that are open to non-Tesla electric vehicles are deemed “illegal” in Germany due to the lack of kWh counter on the units. Over the last year, we have been reporting on Tesla ramping up its effort to open the Supercharger network, its extensive global network of fast-charging stations, to electric vehicles from other automakers.… Continue reading Tesla’s public Superchargers are deemed ‘illegal’ in Germany due to technicality

California Wants Tesla to Stop Calling Half-Finished System “Full Self-Driving”

This could be really bad for Tesla. Name Game Tesla’s “Full Self-Driving” (FSD) package may soon come to a full stop — under its current name, at least, because California authorities aren’t fans of what they say is the feature’s misleading name. In a complaint against the electric automaker last month, the California DMV alleged… Continue reading California Wants Tesla to Stop Calling Half-Finished System “Full Self-Driving”

How to Stream ‘Thursday Night Football’ on Amazon

Now you can get the football you want right from your phone. The NFL and Amazon inked an 11-year deal to make Prime Video the exclusive place to watch Thursday Night Football, and the 15 games you can stream live this season begin airing on September 15. Matches will air every other week through December… Continue reading How to Stream ‘Thursday Night Football’ on Amazon

Two Blockchain Sleazebags May Have Crashed the Entire Crypto Market

The crypto market took over a decade, millions of both experienced and amateur investors, and a few super annoying Super Bowl ads to build. But according to a new report from New York Magazine, it may have taken just two of the skeeziest cryptbros around to bring the industry to its knees, both of whom… Continue reading Two Blockchain Sleazebags May Have Crashed the Entire Crypto Market

The new USB Rubber Ducky is more dangerous than ever

The USB Rubber Ducky is back with a vengeance. The much-loved hacking tool has a new incarnation, released to coincide with the Def Con hacking conference this year, and creator Darren Kitchen was on hand to explain it to The Verge. We tested out some of the new features and found that the latest edition… Continue reading The new USB Rubber Ducky is more dangerous than ever