Daily Crunch: Sony unveils its first 5G smartphone

INSUBCONTINENT EXCLUSIVE:
Sony announces a camera-centric phone, Microsoft offers more details about the next Xbox and a liquid biopsy startup raises $165 million
Here your Daily Crunch for February 24, 2020. 1
Sony announces its first 5G flagship, the triple lens Xperia 1 II Sony has announced its first 5G smartphone: The Xperia 1 II — for the
curious or confused, it pronounced &Xperia One, Mark Two. As ever with Sony — a major B2B supplier of image sensors to other smartphone
makers — it has made the camera a huge focus
The Xperia 1 II packs three lenses that offer a selection of focal lengths (16mm, 24mm and 70mm) for capturing different types of photos,
from super wide angle to portraits. 2
Microsoft offers a closer look at the next Xbox The headline feature of the upcoming Xbox Series X is, naturally, a new processor
Built on top of AMD Zen 2 and RDNA 2 architecture, Xbox says the chip is able to deliver four times the processing power of the Xbox One. 3
Karius raises $165M for its liquid biopsy technology identifying diseases with a blood draw Liquid biopsy technology has been widely
embraced in cancer treatments as a way to identify which therapies may work best for patients, based on the presence of trace amounts in a
patient bloodstream of genetic material shed by cancer cells
Karius applies the same principles to the detection of pathogens in the blood. 4
Europe Target Global raises new €120M early-stage fund Dubbed &Early Stage Fund II,& the new vehicle will see the firm continue to back
early-stage tech companies across Europe and Israel, leading and co-leading seed and Series A rounds. 5
Sensors are the next big thing in space, not starships In 2020 I really, really look forward to and hope to see different, new creative
types of sensors that are utilizing low Earth orbit for benefits back on Earth,& Bessemer VP Tess Hatch told us in a recent interview
(Extra Crunch membership required.) 6
The Plaid ‘mafia& begins with John Whitfield joining student loan fintech startup Summer So far this year, one of the most eye-popping
startup exits has been Visa $5.3 billion acquisition of fintech data services platform Plaid
Could this be the start of a brand new mafia born out of fintech, à la PayPal? 7
This week TechCrunch podcasts The latest full episode of Equity has a counter-intuitive message — equity isn''t always the answer for
companies looking to fundraise
Meanwhile, the shorter Monday segment looks at declining stocks around the world
And on Original Content, we review the new Netflix series &Locke - Key. The Daily Crunch is TechCrunch roundup of our biggest and most
important stories
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