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Fintech Roundup: How going Fast and furious can ruin your startup
Mary Ann Azevedo
2,022
4
10
fintech-focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the  With the funding market slowing down, we’ll likely see more layoffs and shutdowns, unfortunately. In case you missed it, I wrote a feature last week on . Here’s to empathetic leadership as some startups potent...
Mayfield’s Arvind Gupta discusses startup fundraising during a downturn
Walter Thompson
2,022
4
10
as co-leader of Mayfield Fund’s engineering biology practice and founder at IndieBio, Arvind Gupta reviewed approximately 470 startup pitches last year. He characterizes his process as “simple,” but that is a bit reductive: after reviewing a deck and scheduling a meeting with the founders, he’ll spend many hours acqua...
Indonesian audio content platform NOICE gets $22M Series A
Catherine Shu
2,022
4
19
, an Indonesia audio content startup, has raised $22 million in Series A funding led by Northstar, with participation from returning investors Alpha JWC Go-Ventures and Kinesys. NOICE is different from other audio streaming startups because its focus isn’t on music. Instead, NOICE, which has 2 million users, focuses on...
The US needs a tech doctrine
Scott Bade
2,022
4
10
The started with a simple premise: that technology is increasingly intertwined with global affairs and that we ought to examine what that means for both. From crypto to climate, international development to defense procurement, I hope we’ve done just that. Reflecting on the nearly 40 pieces we’ve published over the l...
Everstage raises $13M Series A to make sales commissions more transparent
Catherine Shu
2,022
4
19
Everstage founders Vivek Suriyamoorthy and Siva Rajamani For sales reps, commission plans are often complicated and lack transparency, leading to accounting errors and frustration. , a sales commission platform, solves that, letting sales reps see exactly how much they earned. It also has features to estimate how much...
Flutterwave CEO addresses alleged misconduct claims in email to employees
Tage Kene-Okafor
2,022
4
19
Agboola has, for the first time, addressed financial and personal misconduct claims this month, according to an email to employees obtained by TechCrunch. Has still not responded to the allegations? It’s been a full week. — Rebecca Enonchong (@africatechie) “I know this is a lot to take in! We will have more co...
Coinbase suspends buy orders in India days after launch
Manish Singh
2,022
4
10
Crypto giant Coinbase has suspended support for UPI payments instrument on its app in India, making its eponymous exchange nonfunctional again for any purchase orders less than four days after in the world’s second-largest internet market. Users in India attempting to purchase any token listed on the Coinbase app are...
A camera battery with a built-in USB-C charger wins today’s ‘I didn’t know I needed this’ prize
Haje Jan Kamps
2,022
4
19
I have 600 hundred USB-C chargers everywhere; in my car, next to my bed, in my bathroom, in the garage, in my camera bag. Do you know what I never remember to pack? The battery charger for my camera. Yes, you can charge the battery with the camera itself for most of Sony’s Alpha line of cameras, but no self-respecting ...
Samsung is making a Pokémon phone because why not
Greg Kumparak
2,022
4
19
Are you looking to buy a folding smartphone? Do you want it to be Pokémon-themed? And do you live in South Korea? If all those stars are aligned just right, do we have some good news for you: Samsung is making a Pokémon Edition of the Galaxy Z Flip 3. They somehow decided to make this folding phone look like a Pokéde...
Netflix says it will eventually charge more if you share your account
Sarah Perez
2,022
4
19
In light of Netflix’s , the company announced today during its first-quarter earnings call that it will expand its test that charges members a higher price if they’re engaged in account sharing with people outside their household. The company in March in Chile, Costa Rica and Peru, but now says it plans to implement...
Netflix to introduce ad-supported plans in a major shift
Manish Singh
2,022
4
19
Netflix plans to offer cheaper, ad-supported tiers to consumers over the next year or two, the world’s largest on-demand video streaming service said Tuesday, as it looks to boost its subscriber base amid stiffer competition from rival firms. The firm, which , will introduce the ad-supported plans to give customers mo...
A $30 million fund backed by dozens of VIPs aims to bolster founders of Asian descent
Connie Loizos
2,022
4
19
Four years ago, a nonprofit collective called was formed to advance the interests — and safety — of people of Asian and Pacific Islander descent in the U.S. Given the country’s long history of , it was overdue, argues Bing Chen, a former Google product manager turned YouTube exec turned founder and investor who co-fo...
Lyft follows Uber’s lead and removes its mask mandate
Amanda Silberling
2,022
4
19
Despite the ongoing COVID-19 pandemic, face masks are for Lyft riders and drivers. Yesterday, Florida federal Judge on transportation, affecting airplanes, taxis, buses and other forms of mass transit. When it comes to ride-sharing, this reversal of policy applies, too. First, it would no longer require that driv...
Daily Crunch: Since December 2021, Better.com has laid off nearly half of its workforce
Haje Jan Kamps
2,022
4
19
Hello and welcome to this 109th day of 2022 – April 19 – which celebrates, among other things, National Garlic Day (nice try, Big Allium) and , the anniversary of the discovery of LSD. Speaking of blasting off into space, check out ’s awesome newsletter, which collects all things space exploration on TechCrunch! Ha...
TechCrunch+ roundup: VC ‘bottom feeders,’ valuation calculator, think like an investor
Walter Thompson
2,022
4
19
Farmers don’t get embarrassed when the price of corn drops; similarly, there’s no reason for startup founders to lose their joy because publicly traded tech stocks are undercutting their valuations. If making as much money as you can is your primary goal, however, prepare to be disappointed. Accepting a down round or a...
Lyft doubles micromobility footprint with PBSC acquisition
Rebecca Bellan
2,022
4
19
Lyft has signed an agreement to acquire PBSC Urban Solutions, a Canadian supplier for bikeshare equipment and technology, in a move that the company says will double its scale in micromobility. The ride-hailing company is on a mission to increase its micromobility footprint. Last month, Lyft partnered with Spin to br...
Netflix shares down more than 20% after losing 200,000 subscribers in first quarter
Lauren Forristal
2,022
4
19
Concerning news from Netflix’s earnings today. The streaming service that in the first quarter of 2022, it lost 200,000 subscribers — its first subscriber loss in . And its losses are expected to continue, as Netflix forecasts a global paid subscriber loss of 2 million for the second quarter. This loss comes in behi...
Evok Innovations raises a fund to put industrial decarbonization into high gear
Haje Jan Kamps
2,022
4
19
Silicon Valley has gotten fantastically efficient at funding apps, SaaS and developer tools. It turns out, though, that climate change cares a lot less about bits, bytes and stored procedures — it’s a lot more analog than that. Along comes and its clean-tech fund, aiming to plow money into companies that are working ...
Under intense activist investor pressure, Zendesk could be looking at possible sale
Ron Miller
2,022
4
19
It’s been , which has been fending off Jana since the end of last year, when the activist investor began to send the company, which focuses on help desk and ticketing software, . Perhaps it shouldn’t come as a surprise that that Zendesk is at least thinking about selling. Zendesk angered Jana when it turned down ...
Disney+ glitch is causing missing episodes for fan-favorite series
Lauren Forristal
2,022
4
19
Disney has confirmed an issue impacting its Disney+ service that led to missing episodes for a number of popular series on its service, including those from its Disney, Pixar and Marvel properties. These include “Hannah Montana,” “DuckTales,” Once Upon a Time,” “Wolverine and the X-Men,” “Ultimate Spider-Man,” “Agent C...
Salesforce and Twitter are both lucky their purported $20B deal failed in 2016
Ron Miller
2,022
4
19
and others  got me thinking about the time  the social media platform. Back in 2016, around the time of in San Francisco, rumors ran rampant that the company  to purchase Twitter. It would eventually back off . Salesforce was a much smaller company back then, and the deal would have been a huge stretch. Perhaps ...
Instagram test removes ‘Recent’ tab from hashtag pages for some users
Aisha Malik
2,022
4
19
Instagram is removing the ‘Recent’ tab on hashtag pages for some users as part of a small test, the company on Tuesday. Currently, when you select a hashtag, you’re taken to a page where you can parse through the content that has been posted using that hashtag via three categories: Top, Recent and Reels. With this cha...
Oklo’s Caroline Cochran and Swell’s Suleman Kahn talk scaling alternative energy at TC Sessions: Climate
Alexandra Ames
2,022
4
19
 
SaaS demo platform Demostack raises $34M to expand to new markets
Kyle Wiggers
2,022
4
19
, a San Francisco, California-based startup creating a “demo experience” platform for software-as-a-service (SaaS) sales teams, today announced that it raised $34 million in a Series B round led by Tiger Global Management with participation from Bessemer Venture Partners, Amiti Ventures, GTMfund, Operator Collective, a...
Lightspeed India Partners, investor in Byju’s, Udaan and Ula, eyes over $500 million for new fund
Manish Singh
2,022
4
26
Lightspeed India Partners is looking to raise over $500 million for its fourth fund as one of the most successful venture funds in the world’s second largest internet market looks to double down on early-stage bets and expand focus to Southeast Asia region, according to two people familiar with the matter. The firm – w...
MassMutual Ventures closes $300M fund to back Asia and Europe startups
Kate Park
2,022
4
26
  (MMV) has launched a $300 million new fund to back early-stage companies in Asia and Europe. The MMV Asia and Europe team’s third vehicle will invest in startups across digital health, financial technology, enterprise SaaS and cybersecurity, managing director of MMV  said in an interview with TechCrunch. The third ...
Ravio is bringing real-time data to the talent fight
Natasha Lomas
2,022
4
26
UK-based reckons real-time data is the best way to arm businesses to win the global talent war. Its new-to-market compensation benchmarking tool lets users see how the compensation (wages and benefits) they offer their own staff compares to the market by pooling data across its employer customers (data is anonymized a...
Voi taps Drover to prevent sidewalk scooter riding in Oslo
Rebecca Bellan
2,022
4
26
is deploying e-scooters in Oslo, Norway with Drover AI’s computer vision tech that can identify whether a scooter is on the pavement, road or cycle lane in order to help prevent sidewalk riding. As the micromobility industry consolidates around a few key players and cities become more discerning about which operators ...
BintanGO wants to boost Indonesia’s creator economy
Catherine Shu
2,022
4
26
has almost everything Indonesian creators need to monetize their content. First, there is its CreatorSpace, which helps them manage brand collaborations by measuring engagement and sending invoices. Businesses, meanwhile can search through BintanGO’s marketplace for a verified creator, who are accepted based on social...
EVs, AVs and pay packages: 3 takeaways from GM’s Q1 earnings
Kirsten Korosec
2,022
4
26
General Motors’ first-quarter earnings report and accompanying analyst call Tuesday highlighted the company’s grand ambitions for electric vehicles and autonomous vehicles — and the money it is willing to put behind them. The initial financial takeaway in the was a profits-despite-supply-constraints message. However,...
Google tells shareholders that YouTube Shorts is doing great, don’t worry about TikTok!
Amanda Silberling
2,022
4
26
Alphabet, the parent company to Google, announced its first-quarter earnings this evening, and for the creator industry, that means a slew of news and updates about YouTube. YouTube is known as a particularly ripe ground for content monetization, since creators earn a 55% share of ad revenue, rather than paltry payouts...
How PillSorted plans to use personalisation to compete with main-street pharmacies
Mike Butcher
2,022
4
26
Since the (relatively speaking) easing of the pandemic, pharmacies have come under increasing strain as people clamor for their drugs. This is particularly an issue in the U.K. where traditional mom-and-pop pharmacies have started to close and larger chains haven’t kept pace with demand. The problems are even leading t...
GM expects to spend $2B on Cruise in 2022
Rebecca Bellan
2,022
4
26
General Motors expects expenses for its autonomous driving subsidiary Cruise to be about $2 billion this year, GM’s chief financial officer Paul Jacobson said in the company’s first-quarter earnings call. Cruise nor GM provided a detailed accounting of exactly what that $2 billion would be used for. TechCrunch will upd...
Elon, you have no idea what the hell you’re talking about
Devin Coldewey
2,022
4
26
Elon Musk is embarrassing himself on the global stage again by proudly bruiting a grade-school level of familiarity with the immensely complex concepts of free speech, censorship, rights and privileges of individuals and government authorities. The fact that this aggressively ignorant person is likely to take over one ...
Daily Crunch: Experts say Musk’s open-source vision could make Twitter vulnerable to attack
Christine Hall
2,022
4
26
It’s April 26, 2022, and today, all we’ve been heron about is news that has made our stomach churn – a case of irritable owl syndrome, if you will. No fowl play is suspected, although we did get an impression that Musk is just winging it here. We know, we know — all of these puns are clucking terrible, but what is a po...
Elon Musk’s Twitter deal includes a $1 billion termination fee on both sides
Sarah Perez
2,022
4
26
Elon Musk will have to pay Twitter a $1 billion termination fee if he doesn’t go through with his $44 billion acquisition of the social network, on Monday, per a . The filing, which details the terms of the agreement, indicates Twitter would have to pay the same fee under specific circumstances. The billionaire tech...
Lucid lands 100K EV order from its Saudi investors
Kirsten Korosec
2,022
4
26
Lucid Group’s largest shareholder has agreed to buy 100,000 of its electric vehicles over the next decade. The government of Saudi Arabia, which is connected to the kingdom’s that owns 61% of Lucid, Saudi Arabia’s Public Investment Fund, or PIF, in 2018 when it was still a privately held company. The investment ag...
Eurora raises $40M for its AI-based system to automate EU e-commerce shipping compliance
Ingrid Lunden
2,022
4
26
The e-commerce market has boomed in the last several years, and with that so has the appetite of tax collectors to do their bidding: make rules that make sure their countries are getting a cut. That’s spelled more red tape and more customs hoops (and costs) for those shipping and receiving goods, and also delays when t...
Robotaxi rivals Pony and WeRide join Chinese ride-hailing service OnTime’s $153M round
Rita Liao
2,022
4
26
This is an interesting day when we see two of China’s major robotaxi foes come together, offering a clue to how the industry is evolving in the country. WeRide.ai and Pony.ai, which both operate out of China’s southern metropolis Guangzhou and California, have participated in OnTime’s one billion yuan ($153 million) Se...
Umaro is turning ocean-farmed seaweed into imitation bacon
Brian Heater
2,022
4
26
Don’t call it a pivot, exactly — but it’s a fascinating journey, nonetheless. Umaro Foods, which is set to release a seaweed-based bacon replacement, entered the world as Trophic. The firm, which is now technically a subsidiary of the former, was formed to compete for the $100 million Carbon Removal XPrize. The organiz...
Watch the Crew-4 mission launch at the crack of dawn in ‘Freedom’ Dragon capsule
Devin Coldewey
2,022
4
26
: The launch was successful and they should dock this evening as planned. : The International Space Station will receive a few fresh faces tomorrow morning, along with some potentially interesting experiments for on-orbit testing. It will be the fourth crewed mission aboard a SpaceX Dragon capsule — this one, dubbed ...
Robinhood to lay off 9% of full-time employees
Christine Hall
2,022
4
26
Robinhood CEO Vlad Tenev announced Tuesday that it was laying off 9% of its full-time employees. Earlier this year, Reuters reported that , and though that did not specify full-time versus contract, it looks like this cut may affect some 300 people according to TechCrunch calculations. The U.S. consumer investing and ...
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Jaclyn Trop
2,022
4
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Google launches Media CDN to compete on content delivery
Kyle Wiggers
2,022
4
26
This week at the 2022 NAB Show Streaming Summit, Google launched in general availability , a platform for delivering content using the same infrastructure that powers YouTube. With a presence in over 1,300 cities across 200 countries, Google says that Media CDN is designed to — in the company’s words — “automate all f...
Will Elon Musk put Twitter on a collision course with global speech regulators?
Natasha Lomas
2,022
4
26
earlier this month that he hoped buying Twitter won’t be painful for him. But the self-proclaimed “free speech absolutist” may indeed be inviting a world of pain for himself (and his wallet) if he sets the platform on a collision course with the growing mass of legislation now being applied to social media services ...
Manila-based MadEats is more than a ghost kitchen startup
Catherine Shu
2,022
4
21
, a Y Combinator alum, claims to be the first “‘full-stack’ delivery-only startup in the Philippines,” with their own virtual storefront, ghost kitchens and fleet of drivers. More than that, they also conceptualize and launch their own brands, making them a delivery-only restaurant group. The company announced today it...
This West Point grad started a booking system for restaurants, and VCs just funded it
Connie Loizos
2,022
4
21
Luke Hutchison didn’t know exactly what he wanted to do as a graduate of West Point in 2013 — only that, ever since the 9/11 attack in New York, he wanted to serve his country. Certainly, he never imagined launching a private event management platform for restaurants and venues, but that’s what he is building, and VCs ...
Amazon acquires India’s GlowRoad in social commerce push
Manish Singh
2,022
4
21
Amazon may be in the west, but in India, it is gearing up to explore social commerce. Amazon has acquired the Indian social commerce startup in an all-cash deal as the e-commerce giant makes a bigger push into one of its key overseas markets, a source directly familiar with the matter told TechCrunch. In a statemen...
After layoffs, Flockjay lands on a new SaaS-y vision for tech sales
Natasha Mascarenhas
2,022
4
21
edtech startup has landed on a new vision for how to disrupt tech sales: start from the inside, out. The startup is building Flockjay Elevate, a platform for sales teams to use within their companies to get better at their jobs. The Elevate platform has a host of different features, from a live feed that highlights w...
Meet the first 5 startups in Amazon’s new $1B industrial innovation fund
Kirsten Korosec
2,022
4
21
Amazon launched Thursday a $1 billion fund focused on logistics, the supply chain and customer fulfillment with focus — at least in this first batch of investments — on wearable technology that improves safety in its fulfillment centers and robotics. The follows other investment activities by the company aimed at fin...
Daily Crunch: Elon Musk unveils three-pronged strategy to fund his $43B Twitter purchase
Christine Hall
2,022
4
21
On this fine day of April 21, 2022, we celebrate . Q: Why is the podcast so loud? A: Because it’s immutable. This is why we don’t get to write the crypto puns on the site. Come as you are, as you were, as I want you to be; it’s events season at TechCrunch! , and we’re  as well. Get your applications in! Our flagship...
Obama says social media is ‘well designed’ to destroy democracies
Taylor Hatmaker
2,022
4
21
After an era of open affection for Silicon Valley followed by an era of relative quiet, former President Barack Obama is tearing into tech. The former president spoke Thursday at an , and this time he didn’t mince words about the toll that social media companies’ decisions have taken on the social order. Obama called ...
Snapchat is growing faster than Facebook and Twitter
Amanda Silberling
2,022
4
21
Snap released its financial results for 2022 today, affirming that it’s growing faster than its fellow U.S.-based competitors Facebook (now Meta) and Twitter. Meta reported its in daily active users (DAUs) last quarter, while Twitter’s grew by 2% in the U.S. and 15% internationally. Snap, parent company to Snapch...
Helbiz earns its name with punishing 2021 earnings
Rebecca Bellan
2,022
4
21
When Helbiz chose its name, did it know that its business would eventually so aptly resemble its moniker? That’s an easy jab to make, but one that feels fitting after reading through Helbiz’s fourth-quarter and full-year 2021 earnings report, which was released well into the second quarter of 2022. Some say companies e...
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Walter Thompson
2,022
4
26
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a16z debuts new crypto research team led by Columbia, Stanford researchers
Lucas Matney
2,022
4
21
In the world of crypto, where vast amounts of investment are pouring into young and scrappy teams building uncharted technology, it’s increasingly the VC firms who are investing heavily in research to sweeten their sell to early teams with plenty of offers on the table. On Thursday, venture firm Andreessen Horowitz ann...
A quarter of a century later, Quake gets modern accessibility features
Devin Coldewey
2,022
4
21
Accessibility features in games are becoming far more common these days, led by some particularly forward-thinking developers, but it’s still nowhere near common enough. Fortunately Quake is , just 26 years after its original release. The latest version of Quake — to be specific, the official multi-platform “enhanced ...
Submit your questions for a TechCrunch+ Twitter Space with immigration law attorney Sophie Alcorn
Walter Thompson
2,022
4
21
26, at 2:30 p.m. PDT/5:30 p.m. EDT, I’m hosting a Twitter Space with Sophie Alcorn, an immigration law attorney based in Silicon Valley and author of each Wednesday. We’ll discuss a number of relevant issues for technology workers and founders who are considering setting up shop in the U.S., including H-1B visas, pa...
‘Decentralized’ web3 startups find out the hard way there’s no safety net
Connie Loizos
2,022
4
21
When the Vietnam-based outfit behind the crypto game Axie Infinity was hacked last month — hackers stole upward of in Ethereum from its blockchain, with the FBI now at a North Korean state-sponsored group as the culprit — questions quickly arose around who, exactly, would make the company’s customers whole. The out...
An Apple Store in Atlanta is the first to file for a union election
Amanda Silberling
2,022
4
21
Apple retail workers at the Cumberland Mall store in Atlanta, Georgia became the first group of U.S. Apple store workers to reach a crucial step in the formal unionization process: filing for a union election. Over 70% of the store’s 100 employees signed union authorization cards, demonstrating their interest in moving...
Sheryl Sandberg under fire for trying to kill a story about her ex, the CEO of Activision Blizzard
Taylor Hatmaker
2,022
4
21
Meta Chief Operating Officer Sheryl Sandberg is now facing “internal scrutiny” at the company after pressuring U.K. tabloid the Daily Mail to kill a story about her former boyfriend, Activision Blizzard CEO Bobby Kotick. The revelations come in an explosive detailing a coordinated campaign to discourage the tabloid f...
VW Group CEO Herbert Diess is coming to TC Sessions: Mobility 2022
Kirsten Korosec
2,022
4
21
Volkswagen Group, one of the world’s largest automakers with nearly 9 million vehicles sold last year, ratcheted up an already ambitious strategy in 2021. The target: to transform the company from a maker of cars, commercial vans, sedans and even motorcycles into a global mobility business that will in lead in EV sales...
Picsart brings its editing tools to Google Drive with new integration
Aisha Malik
2,022
4
21
Digital creation platform Picsart has launched an via the Google Workspace Marketplace. The new integration enables users to edit Google Drive images in Picsart’s web editor and easily save them back to Drive. Picsart notes that creators can now use its editing tools to personalize their content without having to lea...
Introducing the TechCrunch Startup Battlefield 200
Neesha A. Tambe
2,022
4
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Any port in a storm
Brian Heater
2,022
4
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event coming up on July 22nd. That means, among other things, that we’ve been hard at work on programming for a few months now. Honestly, the most difficult part of the process for me so far is not being able to come right out and tell you about all of the people we’ve lined up so far. Thankfully, earlier this week we...
Elon Musk promises widespread rollout of Tesla FSD beta this year
Rebecca Bellan
2,022
4
7
Musk said Thursday night the company plans to roll out this year its to all customers in North America who have plunked down as much as $12,000 for the controversial version of its driver assistance system. The chief executive made the announcement while donning a black cowboy hat during the Tesla Cyber Rodeo, an ev...
Twitter woos back developers with an app platform
Sarah Perez
2,022
4
21
idea as to how to win back developer trust: It’s going to allow them to build on the platform itself, then promote their tools and services directly to users on Twitter at key moments. The company today is launching an experiment that may be one of the more significant efforts in recent years — beyond the launch of th...
Brilliant Planet is running algae farms to pull carbon out of the air
Haje Jan Kamps
2,022
4
7
Sure, you can run machines to decarbonize the air, but where’s the fun in that when you can invite Mother Nature to do the work for you? does just that: By using seawater and replicating the perfect growth conditions for algae blooms, the company has created what it believes are the perfect conditions for low-cost car...
Twitter launches improved alt text accessibility features globally
Amanda Silberling
2,022
4
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Sometimes, new Twitter features can be divisive — we’ve about the edit button, which is . But we can (hopefully) all agree that simple accessibility features are a good thing. For a while now, Twitter has made it easy to add alt text to image uploads, allowing tweeters to provide a description of an image to aid peo...
Steer, DFW airport partner to create ecosystem for automated valet parking
Rebecca Bellan
2,022
4
7
While most of the autonomous vehicle companies we hear about are working toward the and , Steer Tech, a Maryland-based AV technology company, has been hyperfocused on providing high-level autonomy for one specific use case: automated parking. The startup has secured at least two OEM partnerships to embed its parking...
Airbyte acquires data synchronization service Grouparoo
Frederic Lardinois
2,022
4
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, the open source data integration platform, today that it has acquired , an open source startup that focuses on helping businesses sync data between their data warehouses and cloud-based tools. In many ways, this complements Airbyte’s offering, which focuses on loading data into data warehouses, while Grouparoo t...
Tencent to shut down its game streaming service
Rita Liao
2,022
4
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Tencent, the world’s largest video games company, said it will shutter its game streaming platform Penguin Esports by June due to “changes in business strategies.” Twitch-like Penguin Esports never achieved a substantial market share in China, but Tencent already owns the country’s two largest game streaming platforms,...
Daily Crunch: Tata Group releases ‘super app’ that bundles 11 consumer services
Christine Hall
2,022
4
7
Welcome to the Daily Crunch for Thursday, April 7, 2022! We want to kick us off with a quick congratulations to at the TechCrunch City Spotlight (Austin edition). Check out for a whirlwind tour of the Austin startup scene. Take a breath; you’ve got this. – and Ladies, gentlemen, and humans who don’t fit either o...
Dueling objections voiced following polarized Amazon union votes
Brian Heater
2,022
4
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The Retail, Wholesale and Department Store Union (RWDSU) today filed objections following another Bessemer, Alabama Union vote. Results of the election were not decisive but favored Amazon with a number of contested ballots left uncounted. Following , which was counted the same day, Amazon is voicing its own objection...
How to watch Tesla’s Texas Gigafactory Cyber Rodeo
Kirsten Korosec
2,022
4
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Some 15,000 ticket holders (and likely more) will gain entry Wednesday to the Tesla Cyber Rodeo, an event celebrating the opening of the company’s Giga Texas factory near Austin. If the Tesla Cyber Rodeo is anything like the company’s previous events, it promises to be filled with thumping music, fantastical displays a...
Another EV automaker is headed for an IPO
Kirsten Korosec
2,022
4
7
Vinfast filed confidentially for an initial public offering, as the EV automaker born out of Vietnam’s Vingroup continues its fast and furious plan to expand into the U.S. and European markets. The filing is the latest example of EV startups racing to the public markets — either through a traditional IPO or a merger wi...
NetApp acquires Instaclustr to deliver open source databases as a service
Ron Miller
2,022
4
7
Companies producing software are becoming ever more reliant on open source databases to build their programs, but it’s complex working with all these different products. , a California startup, wanted to change that by offering popular open source databases delivered as a service. Today, NetApp bought the company for ...
Twitter will finally let you ‘unmention’ yourself in tweets
Taylor Hatmaker
2,022
4
7
Twitter will finally let you be excluded from this narrative. The company announced Thursday that it was testing a new way for users to remove themselves from conversations they don’t want to be a part of. The company calls this “unmentioning” and while it’s only a test for now, it’s one many Twitter users weary from y...
College students and recent grads: Grab a $45 pass to TC Sessions: Climate 2022
Alexandra Ames
2,022
4
7
The future of humanity itself is at stake, and that’s the driving thesis behind (presented by Extreme Tech Challenge), which takes place in person on June 14 at UC Berkeley’s Zellerbach Auditorium in Berkeley, California — with an online event to follow on June 16. It will take a massive effort from visionary thinker...
Dough, drones, bananas and berries
Brian Heater
2,022
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with Bill Peduto . It was an exit interview of sorts, closing out eight years serving as Pittsburgh’s mayor. This week, that the politician has joined the Heinz College of Information Systems and Public Policy as a Distinguished Executive in Residence. He’ll serve as lecturer and help teach a “mini course” at the u...
‘NFT’ app Sticky kicked out of Apple’s App Store after operating for months
Sarah Perez
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Apple’s approach to NFT apps is still something of a gray area. The company permitted NFT marketplace , but only for browsing NFTs — not for buying and selling them. The same goes for , which is described as an NFT browser for “viewing” blockchain collectibles. Other NFT apps offer similar discovery features. But the...
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Frederic Lardinois
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Lilt raises $55M to bolster its business-focused AI translation platform
Kyle Wiggers
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, a provider of AI-powered business translation software, today announced that it raised $55 million in a Series C round led by Four Rivers, joined by new investors Sorenson Capital, CLEAR Ventures and Wipro Ventures. The company says that it plans to use the capital to expand its R&D efforts as well as its customer fo...
Stop trying to raise a debut venture fund — go for the SPV instead
Caterina Fake
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You have social capital in your industry and access to hot startups. You know top investors. You’re smart, have hustle, know what it takes. It’s almost inevitable, and maybe even your destiny: You are going to be a VC. And so you ask the VCs you know: How do I raise my first fund? You ask me, Caterina Fake, and my answ...
Top five reasons students should attend TC Sessions: Mobility
Marquise Foster
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is back and raring to go big — returning live and in-person — for its fourth consecutive year. It’s a two-day deep dive featuring the best, brightest and most intriguing founders, engineers, investors, regulators and technologists dedicated to transforming the way we move people and packages around the globe. Whether ...
Snapchat’s newest lens aims to teach users American Sign Language
Aisha Malik
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Snapchat this week that it’s introducing a new to encourage users to start learning American Sign Language. The new AR lens will teach users to finger spell their name and practice the ASL alphabet. The lens also includes games that users can play to test their ASL knowledge. The social media company has partnered ...
Streaming deals ramp up for sports as MLB Opening Day and Masters Tournament begin
Lauren Forristal
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In light of all the recent complex streaming sports licensing deals, it becomes more evident each day that streaming platforms are beginning to realize the cash grab of having live sporting events on their services. Just yesterday, Hockey East reached a , which will bring games from one of the hockey’s NCAA conference...
Will Apple build its own blockchain?
Lucas Matney
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Hello readers, and welcome back! Last week, I wrote about the issues facing Axie Infinity in the wake of a $625 million heist. This week, I’m talking about Apple and crypto. If you like my ramblings, and Apple This week, my colleague Sarah wrote an on an “NFT” app in the App Store that Apple seemed to suddenly ban...
Crypto’s latest disruption may be investor expectations
Natasha Mascarenhas
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I’ve noticed that the long-awaited re-correction of private tech startup valuations and fundraising expectations has a web3-sized asterisk next to it. While many funds are returning to more conservative check writing, with a focus on profitability and business fundamentals, crypto remains a sector in the spotlight that...
This Week in Apps: Elon joins Twitter’s board, Apple’s subscriptions pilot, WWDC stays online
Sarah Perez
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Welcome back to This Week in Apps, that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the year-end . Global spending...
Elon Musk, dual-class shares, and who owns the future
Alex Wilhelm
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Technology news was entertaining this week, if nothing else. The fact that we started the week learning that Elon Musk had , spent the mid-week period learning that board, and by the end of Friday were busy reading about the matter, it’s been busy. But better busy than not, and the saga has given us a lot to think...
Disinformation demands a collective defense
Lisa Kaplan
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When the term disinformation went mainstream after the 2016 election, it was largely in reference to state actors targeting political campaigns. Despite vigilance and much effort by government, the nature of the threat continues to shift faster than democracies can adapt. State actors, financially motivated disinformat...
Inside Mercedes’ plan to deliver hands-free driving to the masses
Abigail Bassett
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passenger seat of a special Mercedes Benz S-Class on a blindingly bright California spring day, casually watching an autonomous delivery robot roll through a crosswalk on its way to deliver someone’s takeout meal in Santa Monica. The test driver next to me chuckles as we’re about to merge onto the highway for a demons...
Government action on tech innovation is good news for startups
Dana Linnet
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Much has been written in this space about the Defense Department’s efforts to tap Silicon Valley’s innovation — and the steep hill tech firms have to climb to ultimately win DOD contracts and cross the “Valley of Death.” The good news is that the U.S. government has heard Silicon Valley’s pleas to cut bureaucracy and f...
Crypto is altering the investing landscape for even the most disciplined VCs
Jacquelyn Melinek
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of private tech startup valuations and fundraising expectations has a web3-sized asterisk next to it. While many funds are , with a focus on profitability and business fundamentals, crypto remains a sector in the spotlight that attracts dedicated billion-dollar funds and investment terms that remind us more of 2021 t...
Is social media (re)traumatizing you?
Drew Olanoff
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What happens when you’re out of content to scroll through and react to on the internet? What’s there to keep you whether the content makes you angry, sad, happy or all of the above at once? What can a company like Facebook, Google or Twitter do to keep their hooks in so you keep coming back like a zombie begging for ...
Elon’s big week
Greg Kumparak
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Hi! I’m Greg Kumparak. I’ll be heading up Week in Review for the foreseeable future, with your former host Lucas Matney diving into cryptoland with the launch of a newsletter podcast called . He’s not going too far, and I’m sure he’ll stop back in from time to time. If my name seems familiar, it might be because I t...
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Ron Miller
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These Android features will help protect your digital privacy
Carly Page
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and haven’t always been natural companions. Google still makes the bulk of its profits from its data-fueled advertising business that relies heavily on user information, much of it derived directly from users. Nowadays, Google gives its users more authority over how and when the search giant taps into Android-asso...
Felicis Ventures partners share the four pillars of scaling a SaaS startup
Jordan Crook
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factor will almost always stand head and shoulders above the rest: Your TAM (total addressable market) needs to break at least $1 billion. But alongside a massive addressable market, investors are also looking to see that you have existing customers, even they’re few in number, who truly love your product. However, co...