Daily Crunch - Waymo raises $2.5B

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( Tuesday, March 03, 2020 • By [Anthony Ha]( Alphabet’s self-driving car company raises its first outside investment, Robinhood goes down and Pixel phones get new gesture controls. Here’s your Daily Crunch for March 3, 2020. [Waymo brings in $2.25B from outside investors, Alphabet]( This is the company’s first external investment, led by Silver Lake, Canada Pension Plan Investment Board and Mubadala Investment Company, with participation from Magna, Andreessen Horowitz and AutoNation and parent company Alphabet. Waymo has long focused on testing and eventually launching an on-demand ride-hailing service called Waymo One using its autonomous vehicles in the suburbs surrounding Phoenix. In October, Waymo began pulling safety drivers out of some of the vehicles on its Waymo One service. [Read more]( [Waymo brings in $2.25B from outside investors, Alphabet image] Image Credits: Dllu / Wikimedia Commons under a CC BY-SA 4.0 license. [Sessions: Mobility Returns On May 14]( Sponsored by [TechCrunch]( [Join 1000+ of mobility's leading minds on May 14 in San Jose. Fireside Chats, Q&As, Workshops, and networking. Speakers from Uber, Waymo, Toyota, Ike, and more! Book your tickets today and save.]( [Read more]( [Robinhood will offer 'case-by-case' compensation for its outage on the day markets gained $1.1 trillion]( The company issued a statement early Tuesday saying that the outage began at around 9:30 AM Eastern on Monday, when the company experienced what it called instability in the part of its infrastructure that allows the company’s systems to communicate with each other. The breakdown resulted in outages that took down the company’s stock-trading app, website and help center. [Read more]( [Pixel phones updated with new gesture controls, emoji, AR effects & more]( Already, Motion Sense allowed Pixel 4 owners to skip forward or go back to a previous song without touching their screens. With today’s update, they’ll also be able to pause and resume music by making a tapping gesture above the phone. [Read more]( [Pixel phones updated with new gesture controls, emoji, AR effects & more image] Image Credits: JOHANNES EISELE/AFP / Getty Images [Honeywell says it will soon launch the world’s most powerful quantum computer]( In a race where most of the major players are vying for attention, Honeywell has quietly worked on its efforts for the last few years (and under strict NDAs, it seems). But today, the company announced a major breakthrough that it claims will allow it to launch the world’s most powerful quantum computer within the next three months. [Read more]( [Connie Chan of Andreessen Horowitz discusses consumer tech’s winners and losers]( Chan joined the firm in 2011 after working at HP in China. From her temporary offices located in a modest skyscraper with unobscured views of San Francisco, she and Connie Loizos talked about where she sees the biggest opportunities right now, along with how big of an impact fears over coronavirus could have on the startup industry — and for how long. (Extra Crunch membership required.) [Read more]( [Connie Chan of Andreessen Horowitz discusses consumer tech’s winners and losers image] [Brooklinen raises $50M to open more stores and expand internationally]( Recent headlines are spurring bigger questions about the direct-to-consumer retail business, with Blue Apron exploring a potential sale and Casper also disclosing disappointing growth and persistent losses. But co-founder and CEO Rich Fulop said his company is “a little bit different,” and it’s a crucial difference: Brooklinen is profitable. [Read more]( [Announcing the agenda for TC Sessions: Mobility 2020]( TC Sessions: Mobility is back in San Jose on May 14, and we’re excited to give the first peek of what and who is coming to the main stage. We’re not revealing everything just yet, but already this agenda highlights some of the best and brightest minds in autonomous vehicles, electrification and shared mobility. [Read more]( [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Solution Architect at Parasoft Corporation (Los Angeles, CA, USA)]( - [Full Stack Developer at We Are Modus LLC (New York City, NY, USA)]( - [Systems Engineer - Entry/Mid-Level (Fort Meade and Texas Locations) at National Security Agency (Fort Meade, MD, USA)]( - [Systems Engineer - Experienced Level at National Security Agency (Fort Meade, MD, USA)]( - [Software Engineer - Entry to Experienced Level (Multiple Locations - Georgia, Hawaii, Texas) at National Security Agency (Fort Meade, MD, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $200 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2020 Verizon Media. All rights reserved. 110 5th St, San Francisco, CA 94103