The big story: Boston Robotics acquires 80% stake in Hyundai.
Boston Robotics is behind a number of stunning robots, including the quadruped dog-like Spot.
It's changed ownership several times over the past decade, with Google acquiring it in 2013 and then selling it to Japanese investment giant SoftBank in 2017.
SoftBank will still own a 20% stake which values Boston Robotics at $1.1 billion and is subject to regulatory approval.
"Boston Dynamics will greatly benefit from new capital, technology, affiliated customers and the global market of Hyundai Motor Group to enhance the marketing opportunities for its robot products," Hyundai said in a press release.
Twitter is acquiring the Squad social screen-sharing app - the entire Squad team is joining Twitter, while tomorrow the Squad app will be shut down.
Twitter app code indicates that Periscope's live video broadcasting app may be shut down - if Periscope is shut down, a five-year run would be over.
Gorillas, the on-demand grocery delivery startup taking Berlin by storm, raised $44M Series A - Gorillas delivers grocery stores within 10 minutes on average.
Sweden's Tink raises $103M to 3,400 banks and 250M customers as its open banking platform grows - Tink aggregates a number of banks and financial services through an API.
Benchmark fills out his, yes, bench with Miles Grimshaw – from his position as a general partner with Thrive, based in New York, Grimshaw's deals in Lattice, Mapbox, Benchling and Airtable.
Cloud gaming platforms were the most overhyped trend in 2020 - the technology's future is bright but far less sexy.
General Catalyst's Katherine Boyle and Peter Boyce are looking for 'obsessive' founders - We sat down with Boyle and Boyce to discuss what they're looking for in the founders, what sectors they're most excited about and how business has changed in the wake of the COVID-19 pandemic.
What to expect in 2021 - DocSend CEO Russ Heddleston peers in a post-pandemic future.
Gift Guide: 9 security and privacy gifts to keep your friends and family safe - it's a good time to assess how you keep your data safe, and help others do the same in their lives.
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Read the original article "Hyundai acquires 80% stake in TechCrunch – Boston Robotics" at https://techcrunch.com/2020/12/11/daily-crunch-hyundai-acquires-80-stake-in-boston-robotics/