The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Did New York lose anything with Amazon’s rejection? It’s complicated. Amazon announced yesterday that it’s taking its ball and going home, […]

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NYC and Boston were handed huge setbacks this week when Amazon and GE decided to bail on their commitments to build headquarters in the respective cities on the same day. But it’s worth pointing out that while these large tech organizations were pulling out, Google was expanding in both locations. Yesterday, upon hearing about Amazon’s decision […]

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Ahead of its anticipated initial public offering this year, Uber reported a net loss of $865 million in the fourth quarter. That figure, however, was aided by a tax benefit that saved the company from reporting a $1.2 billion net loss in the period. On an adjusted, pro-forma basis, Uber’s net loss in the final […]

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Clarification hasn’t always been Twitter’s strong suit. Fittingly, there’s a bit of confusion around the longstanding suggestion that the service could add an “edit” button in order to save users from silly typos and, well, much, much worse. At a Goldman Sachs event this week, Jack Dorsey clarified that, rather than adding a controversial edit […]

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Rivian, the electric automaker that debuted its first two vehicles just three months ago, has raised $700 million in a round led by Amazon . The news follows a report earlier this week by Reuters that GM and Amazon were in talks to invest in the electric vehicle company. “We’re inspired by Rivian’s vision for […]

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