iPhone 12 Release: Apple Introduces New Smartphone

Apple is adopting 5G technology, Facebook Messenger is becoming more closely linked with Instagram, and Kahoot has secured $215 million in funding. These are the key headlines from the Daily Crunch for October 13, 2020.

Leading the news: Apple unveils the iPhone 12

Today’s major Apple event began with the introduction of the HomePod Mini, however, the primary attention centered on the iPhone, and more specifically, the iPhone 12.

The new iPhone is available starting at a price of $799. Key improvements include 5G connectivity, a magnetic attachment system for a variety of accessories – including wireless charging devices – and a strengthened Corning glass screen.

A total of four different models are available, and to help you determine which one best suits your needs, we’ve prepared a helpful comparison chart.

Major technology companies

Alphabet’s newest ambitious project involves a mobile, plant-examining robotic vehicle – The Mineral project was announced with minimal publicity through a blog post and dedicated website, and remains in the early stages of development.

The latest Messenger update introduces new functionalities, including cross-application messaging with Instagram – These changes are part of Facebook’s redesigned messaging system, revealed in late September, which allows Instagram users to connect with individuals on Facebook.

Startups, financing, and venture capital

Kahoot has received $215 million from SoftBank to support its user-created, game-based e-learning platform – Following a previously announced $28 million investment earlier this year, the platform, known for its gamified learning experience, has now secured a significantly larger round of funding.

Astroscale obtains $51 million in Series E funding to advance its orbital sustainability initiatives – The company, based in Japan, is dedicated to developing innovative solutions for the end-of-life management of satellites.

Caliber launches a fitness coaching platform with $2.2 million in seed funding – The company states that it accepts approximately five out of every 100 applications from prospective coaches, ensuring a high standard of trainer quality.

Insights and analysis from Extra Crunch

Was the Twilio-Segment acquisition overpriced? – A brief examination of comparable past transactions and an analysis of the available financial data.

Should you transition your developer portal to a hybrid integration platform? – Modifying your integration strategy can accelerate time to market and increase revenue.

(Please remember: Extra Crunch is our subscription-based service designed to provide accessible information about startups. You can find subscription details here.)

Other noteworthy news

Walt Disney announces a restructuring to prioritize streaming services – Disney’s media operations, advertising and distribution, and Disney+ will now be consolidated under a single business division.

Original Content podcast: Netflix’s ‘Enola Holmes’ is decidedly unremarkable – I did not find this film enjoyable.

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