TechCrunch Industry News

Lenskart, an omni-channel retailer in India that sells eyewear products, said on Friday that it has raised $275 million in a new financing round from SoftBank Vision Fund as it looks to expand its business in the nation. As part of the new financing round, Series G, some of the nine-year-old startup’s existing investors are selling their stake, said Peyush Bansal, founder and chief executive Lenskart. Learn more about your ad choices. Visit podcastchoices.com/adchoices

When in April of last year, the photo hosting service SmugMug acquired the photo-hosting service Flickr from Verizon’s digital media subsidiary, SmugMug CEO Don MacAskill said he was committed to breathing new life into the service, calling it “core to the entire fabric of the Internet.” MacAskill didn’t reveal at the time how much SmugMug — which is itself an independent, family-owned operation — paid for Flickr. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tesla owners have seen a bunch of games added to their car’s in-dash display over the last few months, from a handful of Atari classics to the painfully hard Cuphead. Next up? The oh-so-sweet farm living RPG, Stardew Valley. In addition to just being kind of cool, the in-dash games (playable only when parked, because duh) are meant to help Tesla owners kill time while at superchargers. Stardew Valley is… sort of the perfect game for this. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rocket Lab’s merch store has pretty much what you’d expect from a space-themed gift shop – baby onesies, t-shirts, caps and mission patches. But the commercial rocket launch company just added its latest product, and it’s a bit different from their standard fare: For just $7. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Facebook doesn’t want its hardware like Oculus and Portal to be at the mercy of Google because they rely on its Android operating system. That’s why Facebook has tasked a co-author of Microsoft’s Windows NT named Mark Lucovsky with building the social network an operating system from scratch, according the The Information’s Alex Heath. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Amazon’s original Echo Wall Clock was mostly fine. Some consumers ran into connectivity issues with the device, but it was mostly okay. It’s one of the most passive members of the Echo family of devices, mostly doing its wall clock thing, until you need a time set. The latest addition to the line has something its predecessor lacked, however: a giant Mickey Mouse. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Need more buttons for your PS4 controller? This gadget adds two on the caboose When you play games on your PS4, it’s fair to say that your thumbs and index fingers are generally doing most of the work. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today the tech-heavy Nasdaq Composite closed at an all-time record high of 8,814.23, up 0.91% on the day. The Nasdaq is up more than 32% on the year. Turning the clock back, the Nasdaq Composite is up around 60% from the end of 2016. Compared to the anti-records set in 2009 during the doldrums that followed the 2008 crisis, the Nasdaq is up a staggering 594%. The huge run in value of technology stocks since the last recession is historic. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The clock is ticking on Verizon’s plans to bring 5G to 30 cities. Short of an actual Christmas miracle, things are looking rough. On the upside, the carrier (and, disclosure, parent of TechCrunch) just brought the next-gen technology to a 19th city. And it’s a doozy. Verizon announced this morning that it’s flipped the switch on 5G in Los Angeles. Or parts of it, at least. You get the usual caveat with Verizon’s chosen 5G tech here. It’s fast, coverage is limited. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Launch provider Rocket Lab has opened the doors on LC-2, its first launch facility in the U.S., adding capacity and versatility for providing trips to orbit. And LC-2 already has its first customer: the U.S. Air Force’s Space Test Program. The company had a little shindig today at the facility, located on Wallops Island in Virginia — home to NASA’s Wallops Flight Facility as well. Learn more about your ad choices. Visit podcastchoices.com/adchoices