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A rough draft of the teetering startup landscape heading into Q2 | Alex Wilhelm | 2,022 | 3 | 11 | signals about the value of technology companies, the stinging cost of slowing growth at tech concerns, and several ancillary signals from the more speculative regions of the tech market sum to a dramatically changed market. It’s worth remembering just how wild the last two years have been in startup land. Back in earl... |
European lawmakers launch investigation into use of Pegasus spyware by EU states | Zack Whittaker | 2,022 | 3 | 11 | The European Parliament voted on Thursday to create a new “committee of inquiry” to investigate allegations that European member states acquired and used the powerful Pegasus mobile spyware. Lawmakers voted largely in favor to create the committee, which will investigate the use of Pegasus and other surveillance spywar... |
Truphone says Russian tycoon Abramovich, sanctioned in the UK, does not have a ‘relevant interest’ that impacts Truphone stake | Ingrid Lunden | 2,022 | 3 | 11 | Roman Abramovich, the Russian oligarch who owns the highly successful Chelsea Premier League football club, this week saw his club assets seized as part of the U.K. government’s on him and others because of Russia’s unprovoked invasion of Ukraine. So far, however, his ties to technology are being touched. — which... |
Makers Fund-backed virtual social app MEW woos comic fans in the US | Rita Liao | 2,022 | 3 | 11 | Raven Gao didn’t set up virtual social platform to ride the metaverse wave. He began working on MEW in mid-2019 with a Tencent veteran because he wanted to build a virtual safe haven for socially awkward introverts like himself. MEW’s interface can be perplexing for many people at first glance. The lingo and aestheti... |
Dyson is betting you’ll want to strap an air purifier to your face | Brian Heater | 2,022 | 3 | 29 | Air. I love it, you love it. We’re all out here walking around in it all day, filling our lungs and blood with the stuff. We can’t get enough of it. But that beautiful, wonderful, life-saving air that you, me and your pet chinchilla all need is bad sometimes. That’s right. The same air we rely on is sometimes filled wi... |
The tech inside the new Lotus Eletre EV hints at autonomous driving ambitions | Jaclyn Trop | 2,022 | 3 | 29 | Lotus unveiled Tuesday a battery-electric “hyper” SUV called the Eletre — the first of a trio of EVs Lotus plans to launch over the next four years. The upshot? The Eletre, which means “coming to life,” is the British brand’s first utility vehicle and a crucial play for the anticipated boom in demand for battery-electr... |
AR glasses maker Nreal nabs $200M funding in 12 months | Rita Liao | 2,022 | 3 | 29 | China’s augmented reality startup Nreal is on a roll. The company, which hopes to bring AR to the masses by making bright-color, lightweight smart glasses, has just received $60 million in a Series C extension round, bringing its total funding in the last 12 months to a handsome $200 million. The new investment is led ... |
null | Rebecca Bellan | 2,022 | 3 | 11 | null |
Everything you need to know about YC Winter 2022 Demo Day, part 1 | Natasha Mascarenhas | 2,022 | 3 | 29 | The TechCrunch team spent today covering the first day of Y Combinator’s Winter 2022 Demo Day, which featured half of the 394 companies that plan to virtually present. Since the overall batch is bigger than ever before – with 414 companies in total – we decided to divide, conquer and create a slew of YC Demo Day trend ... |
Our favorite startups from YC’s Winter 2022 Demo Day, part 1 | Alex Wilhelm | 2,022 | 3 | 29 | Demo Day confab for the Winter 2022 batch is over. We shook up our coverage this year, divvying things up by sector and geography. Our goal was to avoid a huge list, the sort that we compiled in years past. TechCrunch has notes on the , , and . But one thing we’re not changing with our Y Combinator coverage is co... |
The 26 crypto startups that Y Combinator is backing in its W22 batch | Lucas Matney | 2,022 | 3 | 29 | at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in person, write up the presentations of each startup and hobnob with VCs during the breaks, but in a post-pandemic bloat, YC has gotten just ... |
Daily Crunch: Child-friendly Amazon Glow video chat projector now available across the US | Christine Hall | 2,022 | 3 | 29 | Hello and welcome to Daily Crunch for Tuesday, March 29, 2022! and I are now flying solo with the newsletter. It will be all hands on deck today and tomorrow as we listen to startups pitch at the YC Demo Day, so look out for a deluge of stories over the next two days. Don’t forget to join us Wednesday for the onlin... |
Twitter ‘Collabs’ feature could make it possible for users to co-author tweets with brands | Sarah Perez | 2,022 | 3 | 29 | You can , but what about on Twitter? The social network is continuing to work on a feature that would allow multiple users to co-author a tweet, which it’s referring to as “Collaborations.” The option has yet to be made publicly available and only works after one user accepts a request to collaborate from another. It ... |
TechCrunch+ roundup: Plaid’s staffing story, RevOps for B2B sales, demo day’s demise | Walter Thompson | 2,022 | 3 | 29 | There’s no textbook-approved technique for building a startup engineering team: in the early days, everyone wears several hats. But when a company enters its growth phase, the recruiting process is systematized, new hires are sorted into discrete units, and a thin layer of management is applied to keep everything on tr... |
Motorola still has fight left as it nabs No. 3 spot in the US market | Brian Heater | 2,022 | 3 | 29 | Turns out the smartphone market can still surprise — to an extent. You can almost certainly figure out which two companies command the first and second position in the U.S. market these days. You would, however, be forgiven for doing a double-take after hearing that Motorola has managed to shore up third place, accordi... |
Starry’s SPAC part of Chet Kanojia’s mission to shake up broadband | Christine Hall | 2,022 | 3 | 29 | Eight years after starting to change the way the home internet is delivered, CEO Chaitanya “Chet” Kanojia announced this week that the company completed its special purpose acquisition with FirstMark Horizon Acquisition Corp. and is now trading on the New York Stock Exchange. The Boston-based internet service provide... |
Messenger adds new shortcuts, including a Slack-like ‘@everyone’ feature | Aisha Malik | 2,022 | 3 | 29 | Meta, formerly known as Facebook, is introducing several new to its Messenger app. Most notably, the company is adding a new Slack-like “@everyone” functionality that will notify all participants in a chat about a new message. Meta notes that the new feature is perfect for group reminders, get-togethers or when you’r... |
How to make a teaser trailer for your startup pitch | Andrew Gershfeld | 2,022 | 3 | 29 | , nearly everything moved online, and investment pitches were among the first to do so. The entire milieu around startup funding shifted overnight. For many companies doing their business online, the move to online wasn’t a shock. However, a majority of VC firms only used an offline approach. It’s impossible for founde... |
Vietnam’s VinFast to invest $2B in North Carolina EV factory | Rebecca Bellan | 2,022 | 3 | 29 | VinFast, the Vietnamese automaker under Vingroup, said Tuesday it will build its first U.S. factory in North Carolina, part of the company’s previously stated plans to invest and expand in the country. The automotive newcomer said it will spend about $2 billion in the first phase of construction of the 1,976-acre North... |
This startup’s novel tech promises to boost battery capacity for EVs | Kirsten Korosec | 2,022 | 3 | 29 | Five years ago, Jonathan Tan and Roger Basu were on the hunt to find an industry where they could take their expertise in thin-film technology and make the biggest and fastest impact possible. They chose batteries — or more specifically, battery degradation and lifespan. It wasn’t — and still isn’t — an industry lackin... |
Is YC turning into a kind of fight club? | Natasha Mascarenhas | 2,022 | 3 | 29 | Since inception, Y Combinator has invested in thousands of startups, and more recently, even hundreds within a single batch. Given the accelerator’s growth, competitive tensions feel nearly inevitable. Still, one has to wonder if there is a fundamental shift afoot. Whereas YC always backed companies that might at some ... |
Apple and Major League Baseball to livestream 12 weeks of Friday night games for free | Aisha Malik | 2,022 | 3 | 29 | Earlier this month, Apple its first live sports deal with Major League Baseball to bring a number of games and other MLB content to the Apple TV+ service for the 2022 season. Today, Apple unveiled the first 12 weeks of its “ ” doubleheader schedule, which it now says will be freely available to anyone with internet a... |
Uber and Lyft drivers say fuel surcharge is ‘an insult to drivers’ | Rebecca Bellan | 2,022 | 3 | 29 | Nearly half of Uber and Lyft drivers in the U.S. have quit or are driving less due to high gas prices caused by Russia’s war in Ukraine, despite added to fares by those ride-hailing companies, according to a survey shared with TechCrunch. “Forty-three percent of Uber and Lyft drivers still say they’re driving less or... |
A look at all 35 international fintech startups at YC’s winter 2022 Demo Day | Christine Hall | 2,022 | 3 | 29 | As more banking, e-commerce and insurance startups work to improve the way business is done in emerging countries, it should come as no surprise that this winter’s Y Combinator batch is rife with related efforts. There are 35 companies this year, just over double the amount in the 2021 winter batch and up from 18 in th... |
India dominates Y Combinator’s latest startup batch (again) | Natasha Mascarenhas | 2,022 | 3 | 29 | is the most represented country, outside of the United States, within the latest Y Combinator accelerator batch: the Winter 2022 cohort sports 32 startups hailing from Gurugram, Bengaluru, Delhi, New Delhi, Hyderabad, Mumbai and Chennai. For what it’s worth, more than 191 companies in India have been funded through th... |
Tech CEOs to face faster criminal liability under UK online safety law | Natasha Lomas | 2,022 | 3 | 16 | The U.K. is speeding up the application of powers that could see tech CEOs sent to prison if their businesses fail to comply with incoming safety-focused internet content legislation, the government confirmed today. The latest revisions to the draft legislation include a radically reduced time frame for being able to a... |
Tortoise co-founder Dmitry Shevelenko: ‘You can’t do too many things at the same time’ | Rebecca Bellan | 2,022 | 3 | 16 | named after a slow reptile, Silicon Valley startup Tortoise has made some quick pivots into new business models over the past year. Co-founded in 2019 by ex-Uber executive Dmitry Shevelenko, the company began with a , one that uses remote operators to reposition shared electric scooters to locations where prospective... |
Ukraine’s president signs law to legalize crypto as digital donations roll in | Connie Loizos | 2,022 | 3 | 16 | A month ago, Ukraine’s parliament passed a bill to legalize cryptocurrency, preparing a framework for the regulation and management of cryptocurrencies like Bitcoin and Ethereum. Today, the country’s president, Volodymyr Zelenskyy, signed into law that bill, “On Virtual Assets,” which establishes a legal framework for ... |
Daily Crunch: B2B marketplace Sokowatch raises $125M Series B, rebrands as ‘Wasoko’ | Alex Wilhelm | 2,022 | 3 | 16 | Hello and welcome to Daily Crunch for Wednesday, March 16, 2022! Oh boy do we have a lot coming down the pike. Our Austin City Spotlight event ! We are ! And the Early Stage event ! – Tiger is investing in Africa, , digging into the hyper-active capital disburser’s 2021 results. The group made five investments i... |
Meta takes down deepfake of Ukraine’s President Zelensky surrendering | Taylor Hatmaker | 2,022 | 3 | 16 | Meta removed an altered video falsely depicting Ukrainian President Volodymyr Zelensky ordering troops to surrender Wednesday. The video is the latest alarming milestone in the parallel information war accompanying Russia’s brutal invasion of neighboring Ukraine, but it was a moment that Ukraine’s government and social... |
Google I/O returns May 11 and 12, with limited in-person attendance | Brian Heater | 2,022 | 3 | 16 | Feel that? The weather’s warming up, it’s staying light outside later and there’s something [long, extended inhale] developery in the air. New clues from Google dropped this morning, in the lead up to Google’s annual developer conference. The company has since confirmed that the show will go on, May 11 and 12. We'll be... |
BMW’s CTO on electrification and supply chain issues | Frederic Lardinois | 2,022 | 3 | 16 | As BMW gets ready to debut the next generation of its 7 Series luxury sedan in April — and with that, the new all-electric i7 — the company today turned the spotlight on its overall portfolio of electric cars, including the upcoming iX1, an electrified version of its popular small crossover SUV. These will join the com... |
Bored Apes NFT project gets official ‘ApeCoin’ token | Lucas Matney | 2,022 | 3 | 16 | Even among the fastest-growing crypto startups, has had a particularly explosive year. The startup is behind the NFT project Bored Apes Yacht Club (BAYC), which only launched in April of last year but has quickly grown to become the most valuable NFT project by market cap. The price of admission to purchase the cheap... |
null | Michael Redd | 2,022 | 3 | 29 | null |
Fly away, little sensors! These tiny wireless devices can be scattered by the wind | Devin Coldewey | 2,022 | 3 | 16 | If you want to monitor the temperature, humidity and exposure over 100 square miles of forest, you’re going to spend a lot of time tying tech trees. But what if you could scatter your sensors the same way dandelions and elms scatter their seeds? UW researchers have . The project pushes the boundaries of small-scale an... |
The VC-backed chicken that’s changing the way farmers breed and feed their livestock | Maggie Stamets | 2,022 | 3 | 16 | Most people don’t spend much time thinking about where their poultry comes from, much less what it was eating when it was alive but the feeding practices on large farms are harmful to the environment and have led to bland, unhealthy chickens. Today’s guest, Matthew Wadiak is a chef and founder and CEO of Cooks Venture,... |
Netflix tests a new feature that will raise prices for account sharing | Sarah Perez | 2,022 | 3 | 16 | Netflix will begin testing a new, opt-in feature that will prompt subscribers to pay extra if sharing the service with people outside their own household. The feature will allow households to add up to two “sub accounts” for a fee that’s less than the cost of the full-priced Netflix service. The new option will initial... |
Twitter’s spin on the close friends story might be on its way soon | Amanda Silberling | 2,022 | 3 | 16 | Sometimes you just want to tweet your reactions to the “Love is Blind” reunion without bothering your 4,333 closest friends, who probably follow you because they work in tech, and not because they care that you think that Shake is the most infuriating reality TV villain of all time. Or maybe that’s just me. Since last ... |
Clockwork raises $21M to keep server clocks in sync | Frederic Lardinois | 2,022 | 3 | 16 | You’d think that synchronizing the clocks across a fleet of modern servers is a solved problem, but it’s actually quite a hard challenge to solve, especially if you want to get to nanosecond accuracy. This also means that it remains an axiom in computer science that you should never build a system based on clock time. ... |
Agolo’s summary-powered search brings in government work and fresh funding | Devin Coldewey | 2,022 | 3 | 16 | Search is hard, but even the decent tools developed by Google, Microsoft and others can’t seem to get it right when it comes to navigating the thousands of documents and ideas trapped in enterprise and government databases. Agolo is making a specialty of it, however, using intelligent summaries to get a foot in the doo... |
Google Docs now lets you draft emails with others and export them to Gmail | Aisha Malik | 2,022 | 3 | 16 | Google is introducing a new feature in Google Docs that aims to make it easier to collaborate on an email draft, the company on Wednesday. The new Google Docs email draft template he email draft template can be accessed by entering “@email” in a Google Doc. Doing so will surface a template that includes To, Cc, Bcc ... |
Russia’s war hits Yandex, the ‘Google of Russia’ | Natasha Lomas | 2,022 | 3 | 16 | to tighten its grip on how information on the war in Ukraine is shared in Russia, and in the wake of that, tech giants in the country — which, like Facebook, Google and Twitter, are also major players in the media sphere — are starting to restructure their media assets. Yesterday Russian press reported that Yandex — a... |
The FCC wants your comments on preventing ‘digital discrimination’ in broadband availability | Devin Coldewey | 2,022 | 3 | 16 | Access to broadband is a must-have in today’s remote workplace, yet there are many places still where high-speed internet is unavailable, inconsistent, or overpriced. The U.S. Federal Communications Commission was assigned a job in last year’s Infrastructure Act: to improve this ongoing issue and “eliminate digital dis... |
FTC to fine CafePress for covering up 2019 data breach | Carly Page | 2,022 | 3 | 16 | The U.S. Federal Trade Commission has proposed a settlement that will fine the former owner of U.S. custom clothing and merchandise retailer $500,000 for attempting to cover up a 2019 data breach that exposed the sensitive data of millions of users. Hackers breached CafePress’ servers in February 2019 and subsequentl... |
Lifesaver and Techfugees launch LifesaverAid.org to send power banks to Ukrainian refugees | TechCrunch Staff | 2,022 | 3 | 16 | During the invasion of Ukraine by Russia, millions of people have become IDPs (internally displaced people) or refugees fleeing to border countries. During this time, the smartphone has taken on an enormously significant role. Not only has the world been given a window into the terrible events in the country via smartp... |
Legal tech startups bringing law, order to fragmented industry | Christine Hall | 2,022 | 3 | 16 | It’s long known that the legal profession has not embraced technology as quickly as other industries. As a result, there are a number of legal tech startups eager to not only help lawyers, but automate some of the processes bogged down by pen and paper. Here, we take a look at two companies that recently secured fundin... |
London startup Weaver gets $4M to build out a vetted marketplace for home renovations | Natasha Lomas | 2,022 | 3 | 28 | , a London-based marketplace and SaaS contract negotiation platform for matching homeowners/architects planning major home renovation projects with vetted contractors, has closed a $4 million seed round to expand nationally. The round was led by European VC btov Partners, with participation from FJ Labs, Enterprise Fun... |
Talenthouse flotation finally reveals a $40M exit for EyeEm, Europe’s almost-Instagram | Mike Butcher | 2,022 | 3 | 28 | has made a name for itself as an aggregator of content creators, which is then commissioned by brands for their own social media channels. Brands just can’t seem to come up with the same kind of authenticity, so they farm it out in this manner. But business is going well, so Talenthouse is now listing on the SIX Swiss... |
Philippines-based MSME platform GrowSari raises $77.5 million Series C | Catherine Shu | 2,022 | 3 | 28 | , a Manila-based platform for digitizing small businesses in the Philippines, announced today it has raised a total of $77.5 million for its Series C round. Along with prior funding, including , this brings the company’s total raised to about $110 million. Investors included the International Finance Corporation, KKR,... |
Singapore-based esports startup Ampverse lands $12M | Catherine Shu | 2,022 | 3 | 28 | Singapore-headquartered esports startup has raised $12 million in Series A funding led by Falcon Capital. The company says this is the largest Series A raised by an esports organization in Southeast Asia, based on data from PitchBook and other third-party platforms. The round will be used to expand in Indonesia and t... |
India’s Classplus raises $70 million to help teachers and creators expand their reach | Manish Singh | 2,022 | 3 | 28 | At a time when so many edtech firms in India are attempting to cut their reliance on teachers, a Noida-based startup that is helping teachers and creators operate, manage and sell courses to students has raised $70 million in a new financing round. That startup, , is now valued at $570 million. Alpha Wave Global and T... |
Sourceful grabs $20M to make more packaging less polluting | Natasha Lomas | 2,022 | 3 | 28 | , an Index Ventures-backed supply chain transparency startup, has fast-fuelled with a $20 million Series A around half a year after it announced . The latest raise is once again led by Index, with Coatue and Eka Ventures also participating. The 2020-founded startup works with brands to shrink the environmental damage ... |
Crypto mining is approaching a key inflection point | Warren Rogers | 2,022 | 3 | 28 | space is approaching a key inflection point. There are currently two dominant proof of work-based coins, Bitcoin and Ethereum. Bitcoin’s consensus rules are immutable and historically have not been able to be altered by some of the largest exchanges and miners in the space. Ethereum is constantly changing, and the big... |
Daily Crunch: Citing ‘global market uncertainties,’ Sea flatlines Shopee India | Alex Wilhelm | 2,022 | 3 | 28 | Hello and welcome to Daily Crunch for Monday, March 28, 2022! Alas, I knew this day was coming, and here it is. and are taking over my bits of Daily Crunch from here on out, though I will be back occasionally to fill in when they are on break. Not that I am leaving TechCrunch. Not a bit of it. I’m off to as my ma... |
Epsilon3 co-founder talks about building a SaaS company for space | Maggie Stamets | 2,022 | 3 | 28 | Hello and welcome back to Found, the podcast where we tell the stories behind the startups. This week and talked with Laura Crabtree, the co-founder and CEO of Space SaaS company , which helps companies run their complex engineering, testing and operational procedures. Here’s a sneek peak into what they get into i... |
Papaya Global to buy Azimo for $150M-$200M to expand its payroll payments to more markets | Ingrid Lunden | 2,022 | 3 | 28 | Six months after raising , is making a key acquisition to expand its cloud-based HR and payroll platform globally Terms of the acquisition are not officially being disclosed, but a source close to the companies tells me that the deal was between $150 million and $200 million, a figure others appear to have also . P... |
Spotify’s COVID-19 content advisory continues roll out two months after Joe Rogan uproar | Amanda Silberling | 2,022 | 3 | 28 | You probably remember a few months ago when you couldn’t turn on the news, check Twitter or talk to your conservative uncle without broaching the issue of Joe Rogan, who is signed to an exclusive deal with Spotify worth . In January, 270 physicians and scientists published an to Spotify demanding that it institute m... |
Max Q: A landing system for the moon and beyond | Aria Alamalhodaei | 2,022 | 3 | 28 | Hello and welcome back to Max Q. Before we dive into this week’s news, a brief note: I’ll be experimenting with the newsletter over the coming weeks, trying out new segments and features, and : What do you enjoy reading? What do you want more of? What bores you to tears? Shoot me an email with your feedback at In this ... |
Smart electric panel company Span gets a $90M jolt of cash | Haje Jan Kamps | 2,022 | 3 | 28 | The lowly breaker panel has been around for a century without getting much love, and along comes . The company is making a compelling bid for better, smarter electrical panels, and just got a $90 million top-up to continue its evolution. The company is solving the challenges of electrification and micro-grid balancing... |
Apple said to be cutting iPhone SE production 20% over Ukraine, inflation concerns | Brian Heater | 2,022 | 3 | 28 | Apple’s latest earnings report found the hardware giant amid the ongoing chip shortage. All told, the company marked a 9% growth in iPhone sales, as most of the rest of the market contracted. When it comes to navigating the supply chain, there’s a lot to be said for the leverage that comes with being one of the bigge... |
Lapsus$ found a spreadsheet of accounts as they breached Okta, documents show | Zack Whittaker | 2,022 | 3 | 28 | The Lapsus$ hackers used compromised credentials to break into the network of customer service giant Sitel in January, days before subsequently accessing the internal systems of authentication giant Okta, according to documents seen by TechCrunch that provide new details of the cyber intrusion that have not yet been re... |
How Plaid’s CTO grew his engineering team 17.5x in 4 years | Ron Miller | 2,022 | 3 | 28 | launch a startup, you’re just trying to build a product and get it to market. The first group of engineers has an “all hands on deck” mentality, and they’ll do whatever needs to be done to make the product happen. But as your business grows and its needs change, that mentality is no longer as viable, particularly as y... |
Instagram’s latest test makes it easier to support social movements through hashtags | Aisha Malik | 2,022 | 3 | 28 | Instagram is testing a new feature that will make it easier for users to discover and support social causes directly through hashtags, the company on Monday. Now, when you search for specific hashtags associated with certain social movements, you’ll have the option to support them through new options. Once you get ge... |
Contingent targets broken procurement processes | Haje Jan Kamps | 2,022 | 3 | 28 | Evaluating and keeping an eye on the suppliers to your business is crucial, and fantastically complicated. leaps to the rescue, armed with a freshly printed $8.2 million check from investors. The SaaS platform helps companies procure more strategically and better manage supply chain risk and compliance. “The typical ... |
null | Sophie Alcorn | 2,022 | 3 | 16 | null |
Don’t lose sleep over Elon Musk’s desire to build the next Twitter | Amanda Silberling | 2,022 | 3 | 28 | Elon Musk tweeted this weekend that he is “ ” to building his own social media platform. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” the billionaire serial entrepreneur who is CEO of Tesla and Space X . “What should be ... |
Networking with CrunchMatch starts today for TechCrunch Early Stage | Alexandra Ames | 2,022 | 3 | 28 | The ultimate educational experience for aspiring and newly minted founders — also known as — kicks off on April 14 in San Francisco. We can’t wait to see you in person, but you don’t have to wait another minute to tap into the summit’s many opportunities. Starting today, you can get ahead of the networking curve by a... |
Why aren’t VCs funding more startups focused on menopause? | Connie Loizos | 2,022 | 3 | 17 | In recent years, “femtech” has attracted increasing attention and venture funding, with dozens of startups springing into existence, from digital health apps to, more newly, regenerative medicine companies. Most of those deals tie to infertility, and it’s easy to appreciate why. Among U.S. women ages 15 to 49 years wit... |
How to hire great engineers when you don’t have any technical expertise | Marcelo Wiermann | 2,022 | 3 | 17 | engineering team can be intimidating, especially for first-time and non-technical founders. I’ve served at multiple startups and established tech companies worldwide, and have hired more than 100 engineers. Recruiting great engineers involves four main challenges: Finding good engineers is a lengthy subject in itself,... |
null | Neesha Tambe | 2,022 | 3 | 28 | null |
Daily Crunch: $8.5B Amazon-MGM merger will bring thousands of titles to Prime Video | Alex Wilhelm | 2,022 | 3 | 17 | Hello and welcome to Daily Crunch for Thursday, March 17, 2022! We have an absolute mountain of news to climb today, so we’re going to get to work with alacrity. A small reminder before we do that . Can’t wait to see everyone IRL! – Bryce Durbin From the outside, a startup that makes multiple pivots might look like ... |
PayPal expands services to allow users to send money to Ukrainians | Aisha Malik | 2,022 | 3 | 17 | PayPal is expanding its services to allow its users to send money to Ukrainians, the company on Thursday. Prior to this expansion, users in Ukraine could only use PayPal to send money out of the country. The expansion allows Ukrainian PayPal account holders to send and receive payments from friends and family around ... |
Don’t buy a breach or a bad reputation: A more effective approach to M&A due diligence | David Etue | 2,022 | 3 | 17 | time and energy to integrate networks and applications after an acquisition. However, the acquiring IT, security and intelligence teams rarely have the resources or internal processes to perform investigative diligence on a target before an acquisition. Being able to do so would enable them to better manage risk. Ques... |
Injectsense collects $1.7M grant for its eye implant smaller than a grain of rice | Emma Betuel | 2,022 | 3 | 17 | If you were to accidentally drop the eye sensor developed by Injectsense, you’d have little chance of finding it. Ariel Cao, the founder and CEO, admits as much. But once it’s been implanted into the back of your eye, it can remain there, basically immobile, for as long as 80 years – all the while transmitting data. In... |
Flickr is paywalling the ability to upload NSFW photos | Amanda Silberling | 2,022 | 3 | 17 | Flickr isn’t very good at making money, but as the old adage goes, sex sells. So, in Honestly, it’s not a bad move — it might be more effective than to recruit their friends to pay for Flickr. When SmugMug the photo-hosting service in 2018, CEO Don MacAskill hoped to make the service profitable, calling it “ .” Bu... |
4 eVTOL trends moving the air taxi industry closer to takeoff | Ben Tigner | 2,022 | 3 | 17 | if you hadn’t previously heard of eVTOLs (electric vertical takeoff and landing aircraft), they might have made their way onto your radar last year. Between the billions of dollars in capital, SPACs and test flights, there were countless companies touting their newest developments and technological milestones bringing... |
The gyms have reopened, but investors are still betting on Hydrow’s home rower | Brian Heater | 2,022 | 3 | 17 | The home fitness craze has, predictably, died down somewhat since the height of pandemic-fueled buying sprees. Category leader Peloton is (among lots of other things) in a major way. Still, connected fitness predates COVID-19, and it will (knock on wood) be here after the pandemic ends. Plenty of investors are still ... |
Elden Ring made me a FromSoftware believer | Taylor Hatmaker | 2,022 | 3 | 17 | latest game in the storied tradition of punishing, mysterious titles by developer FromSoftware, following fiercely loved hits like the Dark Souls series and Bloodborne. I’ve wanted to love these games for a long time. I’ve followed the releases, watched precision speedruns and read treatises on their intricate level d... |
Meta to test new tools to give brands control over ad placement on its platforms later this year | Aisha Malik | 2,022 | 3 | 17 | Meta, formerly known as Facebook, says it will begin testing new content tools designed to give advertisers control over where their ads are shown on Facebook and Instagram feeds, the company on Thursday. The tools will allow companies to prevent their ads from being placed next to unsuitable content, such as posts a... |
Following suicides and lawsuits, Snapchat restricts apps building on its platform with new policies | Sarah Perez | 2,022 | 3 | 17 | After a bullied , a grieving mother last year the platform where the abuse had taken place — Snapchat — for not doing enough to protect its younger users. Another , related , followed last month. In response to the former, Snap the anonymous messaging apps that had facilitated online bullying and vowed to revamp ... |
How Chicago is changing who raises early-stage venture capital | Alex Wilhelm | 2,022 | 3 | 17 | cover the venture capital industry, two narratives are ubiquitous: There’s the story of how much capital has been invested of late; you’ve — 2020 and 2021 set nearly every record around the world for private-market investment. The other story that pops up, again and again, is the one noting slim or negative progress... |
To Servi man | Brian Heater | 2,022 | 3 | 17 | effect of writing this newsletter is getting an influx of responses when I write on a specific topic. Last week it was agtech. I expressed a bit of disappointment in the category. So many robotics firms have either failed or been acquired. That’s just kind of how it goes, here in robotics startupland, but there’s so m... |
Tile launches its anti-stalking safety feature in its mobile app | Sarah Perez | 2,022 | 3 | 17 | Lost-item tracker and AirTag competitor Tile is today its first anti-stalking safety feature, called “Scan and Secure.” The technology was first in October with a promised arrival date of sometime in early 2022. Using Tile’s mobile app, users will now be able to scan for unknown Tiles or Tile-enabled devices that m... |
Android 13 makes push notifications opt-in | Frederic Lardinois | 2,022 | 3 | 17 | Android development these days runs on a monthly cadence, so it’s no surprise that about a month after Google announced the first developer preview of Android 13 (code-named “Tiramisu,” as Google calls it in its developer documentation) it has now launched the second developer preview. These previews typically still ... |
Paradigm and a16z back Ethereum scaling startup Optimism at $1.65B valuation | Lucas Matney | 2,022 | 3 | 17 | Throughout the most recent crypto bull run, plenty of new crypto users have interacted with the Ethereum network for the first time and have been surprised to find sluggish, expensive transactions. While the Ethereum blockchain has been very much central to the idea of a web3 crypto internet, the blockchain itself has ... |
Google discovers threat actor working as an ‘initial access broker’ for Conti ransomware hackers | Carly Page | 2,022 | 3 | 17 | Google’s Threat Analysis Group has observed a financially motivated threat actor working as an intermediary for the Russian hackers, including the . The group, which Google refers to as “Exotic Lily,” acts as an initial access broker, finding vulnerable organizations and selling access to their networks to the highest... |
Amie is a new calendar app with a social twist | Romain Dillet | 2,022 | 3 | 17 | Meet , a startup working on a brand new productivity app for both individuals and teams. The company is unveiling its app this week and users can sign up to the waitlist. Amie is a well-designed calendar app that helps you get things done and keep up with your team. Amie was founded by Dennis Müller, who previously wo... |
Face-swapping app Reface pulls out of Russia after users reject anti-war campaign | Natasha Lomas | 2,022 | 3 | 17 | While mainstream social networks like and have had their services blocked by state authorities in Russia in recent days, as the Kremlin seeks total control of the narrative around the war in Ukraine, , a Ukraine-based face-swapping app, has voluntarily pulled its app out of Russia. After Putin ordered his troops t... |
PG&E, Ford to explore electric pickup truck as backup generator for home | Rebecca Bellan | 2,022 | 3 | 10 | Pacific Gas and Electric Company (PG&E) and Ford Motor Company are collaborating to explore how Ford’s new F-150 Lightning electric pickup truck can provide backup power for customers’ homes in the California utility’s service area. Earlier this week, that involves testing bidirectional charging capabilities to send ... |
Twitter removes Russian Embassy’s tweet accusing pregnant bombing victim of being a crisis actor | Taylor Hatmaker | 2,022 | 3 | 10 | A cluster of Russian Embassy Twitter accounts are sowing misinformation as the country’s bloody invasion of neighboring Ukraine escalates, but they might not get away with it for long. On Thursday, Twitter took action against one particularly egregious tweet claiming that a pregnant victim fleeing the site of was an ... |
100ms secures $20M to power next generation of live video apps | Annie Njanja | 2,022 | 3 | 10 | Live video conferencing infrastructure startup , based in India and the U.S., has raised $20 million in Series A funding to power the next generation of live video apps, coming barely five months after closing a seed round. This latest round was led by Falcon Edge’s Alpha Wave Incubation, with participation from Matri... |
Daily Crunch: 2 months after launching, São Paulo-based payments startup Yuno raises $10M | Alex Wilhelm | 2,022 | 3 | 10 | Hello and welcome to Daily Crunch for Thursday, March 10, 2022! Am writing to you after coming off a live taping of Equity, which means I am still full of adrenaline. Doing stuff live is really good fun, which is why I am pleased to bring you a raft of news about our upcoming live events! ; OpenView Ventures’ ; and w... |
Stripe gets friendly with crypto, again | Lucas Matney | 2,022 | 3 | 10 | Payments giant Stripe already powers a pretty major swath of the web’s financial infrastructure, now it’s launching crypto payments support to give customers an easier path to onboard web3 users and interact with cryptocurrencies. The company announced a suite of products today aiming to give customers access to tools ... |
6 technologists discuss how no-code tools are changing software development | Karan Bhasin | 2,022 | 3 | 10 | has been expanding rapidly in the past few years. As we learned from our , the technology democratizes access to modern software development, but there are still some kinks to iron out. Mass adoption is still held up, however: many organizations prefer to build from scratch, and complete end-to-end solutions are stil... |
Pokémon GO creator Niantic is acquiring WebAR development platform 8th Wall | Aisha Malik | 2,022 | 3 | 10 | Niantic, the augmented reality platform behind Pokémon GO, is acquiring WebAR development platform 8th Wall, the company on Thursday. The financial terms of the deal were not disclosed. Niantic says the deal marks its largest acquisition to date. The company says the acquisition will help enhance its developer platfo... |
Rivian shares reach new low after reporting disappointing Q4 earnings | Alex Wilhelm | 2,022 | 3 | 10 | electric automaker that went public late last year, its fourth-quarter financial results and calendar 2021 outcome, results that along with its production forecast for 2022 disappointed Wall Street and sent shares to a new low. Rivian said Thursday that it generated $54 million in Q4 2021 revenue, nearly precisely i... |
Buckle up, autonomous vehicles finally get federal safety standards | Rebecca Bellan | 2,022 | 3 | 10 | Autonomous vehicles and vehicles with automated driving functions now have their own set of motor vehicle safety standards, a U.S. federal agency ruled on Thursday. The ruling begins to provide clarity on how passenger safety should be defined in vehicles that are designed without things like driver’s seats and steerin... |
Google adds Air Raid Alerts to Android phones in Ukraine | Aisha Malik | 2,022 | 3 | 10 | Google is starting to introduce a rapid Air Raid Alerts system for Android phones in Ukraine, the company on Thursday. The new feature is the tech giant’s latest update on its response to Russia’s ongoing invasion of Ukraine. “Tragically, millions of people in Ukraine now rely on air strike alerts to try to get to saf... |
‘Hey Google, pay for my parking’ feature is live | Jaclyn Trop | 2,022 | 3 | 10 | For Android users, this could be the end of parking tickets as we know them. At least, that’s the promise Google makes with its latest update. Google announced Thursday a that rolled out through its , including the ability for users to pay for parking using their voice through a partnership with ParkMobile. The goal... |
Twitter’s latest update makes it easier to escape its recommendation algorithm (Update: Twitter removed it!) | Sarah Perez | 2,022 | 3 | 10 | Twitter has updated its app to make it easier to switch between the algorithmically programmed Home timeline and the feed that displays the “Latest” tweets, using swipes. Typically, when users want to move between timelines, they have to tap in the top-right of the screen, then do so again to switch back. But startin... |
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