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Extra Crunch roundup: Nightmare security breach, Poshmark s IPO, crypto boom, more – TechCrunch

Extra Crunch roundup: ‘Nightmare’ security breach, Poshmark’s IPO, crypto boom, more The rest of the world may be slowing down as we prepare for Christmas and the new year, but we are not taking our foot off the gas. Alex Wilhelm keeps a close watch on the public markets in his column The Exchange, but this week, he branched out to look at some of the metrics underpinning soaring cryptocurrency prices and turned his gaze on StockX, the consumer reseller marketplace that just raised $275 million in a Series E that values the company at approximately $2.8 billion. “Selling a tenth of your company for north of a quarter-billion may be somewhat common among late-stage software startups with tremendous growth,” he says, but “don’t laugh the round actually makes pretty OK sense.”

Amazon s Zoox unveils electric robotaxi that can travel up to 75 mph

Amazon s Zoox unveils electric robotaxi that can travel up to 75 mph TechCrunch 12/14/2020 Kirsten Korosec Six years ago, Zoox launched quietly with a mighty mission: build and commercialize just about every aspect of a robotaxi service from the self-driving software stack and on-demand ride-sharing app to the management of the fleet and an unconventional vehicle that would transport passengers. Now, it s finally lifting the veil on its multi-year effort. Zoox, which was acquired earlier this year by Amazon, unveiled the electric, autonomous robotaxi it built from the ground-up a cube-like vehicle loaded with sensors, no steering wheel and a moonroof that is capable of transporting four people at speeds of up to 75 miles per hour. The vehicle can drive bidrectionally and has four-wheel steering, capabilities that Zoox said were included to allow it to maneuver through compact spaces and change directions without the need to reverse. In other words, dense urb

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