Healthcare wearables level up with new moves from Apple and Alphabet

Announcements that Apple has partnered with Aetna health insurance on a new app leveraging data from its Apple Watch and reports that Verily — one of the health-focused subsidiaries of Google‘s parent company — Alphabet, is developing a shoe that can detect weight and movement, indicate increasing momentum around using data from wearables for clinical health applications and […]

Alphabet-backed Medicare Advantage startup Clover Health raises $500M

Despite a number of well-publicized hiccups, venture capitalists are betting another $500 million on health insurance provider Clover Health, TechCrunch has learned. Existing investor Greenoaks Capital led the round, according to the startup, which confirmed it was closing a new round of capital in the coming weeks. Clover Health has raised a total of $925 million […]

Ciitizen raises $17 million to give cancer patients better control over their health records

Ciitizen, the company founded by the creators of Gliimpse (an Apple acquisition that’s been incorporated into the company’s HealthKit) which is developing tools to help patients organize and share their medical records, has raised $17 million in new funding. Ciitizen, like Gliimpse before it, is an attempt to break down the barriers that keep patients […]

Auto marketplace CarDekho grabs $110M to double down on insurance and financial services

CarDekho, an online marketplace for car sales in India, has pulled in a new $110 million Series C funding round from a clutch of existing investors to push deeper into financial services and insurance. Sequoia India, Hillhouse and Alphabet’s CapitalG led the round which also saw participation from Axis Bank, one of CarDekho’s financing partners. […]

Insurance startup Bright Health raises $200M at ~$950M valuation

A flurry of digital-first insurers are betting they can surpass industry incumbents with a little help from technology and a lot of help from venture capitalists. The latest to land a massive check is Bright Health, a Minneapolis-headquartered provider of affordable individual, family and Medicare Advantage healthcare plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee. The company, founded by […]

The highest-flying consumer tech stocks have lost $1 trillion

Another day, another stock market setback for once high-flying technology companies, which have lost roughly $1 trillion in the latest stock market slide. Shares of the core group of consumer technology companies, including Facebook, Amazon, Apple, Alphabet and Netflix, are falling again — contributing to the big indexes like the Dow Jones Industrial Average and the […]

Google is closing its Schaft robotics unit after failing to find a buyer

Sad news for anyone into giant robots: Google parent Alphabet is closing down Schaft, its secretive unit that develops bipedal robots aimed at helping out in disaster efforts and generally looking badass. The news was first reported by Nikkei, but Alphabet confirmed to TechCrunch that the business will be shuttered. It said it is helping staff find […]

Forget Watson, the Red Hat acquisition may be the thing that saves IBM

With its latest $34 billion acquisition of Red Hat, IBM may have found something more elementary than “Watson” to save its flagging business. Though the acquisition of Red Hat  is by no means a guaranteed victory for the Armonk, N.Y.-based computing company that has had more downs than ups over the five years, it seems […]

Lyft speeds ahead with its autonomous initiatives

Lyft, the transportation on demand company that is heading to a $15 billion IPO in 2019, is racing ahead with its autonomous vehicle plans. TechCrunch has learned that it is acquiring the London-based augmented reality startup Blue Vision Labs and unveiling its first test vehicle to advance its vision for self-driving cars. The first car from […]

Highlights from the Senate Intelligence hearing with Facebook and Twitter

Another day, another political grilling for social media platform giants. The Senate Intelligence Committee’s fourth hearing took place this morning, with Facebook COO Sheryl Sandberg and Twitter CEO Jack Dorsey present to take questions as U.S. lawmakers continue to probe how foreign influence operations are playing out on Internet platforms — and eye up potential future […]