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Slice and dice it all you want, that’s a seed round
Natasha Mascarenhas
2,022
4
30
Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, There’s a clash happening in the early-stage market. In one world, late-stage investors are reacting to tech stonk corrections by clamoring toward the early-stage investment world, forcing seed investors to go even ear...
On putting toothpaste back into the tube
Alex Wilhelm
2,022
4
30
Good news! We’re  talking about crypto, Elon Musk or SaaS multiples today. We’re also not talking IPOs, global venture capital trends or the like. Instead, we’re going to talk about putting toothpaste back in the tube. Sound fun? Let’s go. Since and the Chinese Communist Party executed off a flat-wild period of regu...
Perceptron: AI mixes concrete, designs molecules, and thinks with space lasers
Devin Coldewey
2,022
4
30
Welcome to Perceptron, TechCrunch’s weekly roundup of AI news and research from around the world. Machine learning is a key technology in practically every industry now, and there’s far too much happening for anyone to keep up with it all. This column aims to collect some of the most interesting recent discoveries and ...
This Week in Apps: Elon buys Twitter, Snap Summit recap and an App Store cleanup
Sarah Perez
2,022
4
30
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...
Affirm’s CTO talks transparency and the tech that makes BNPL possible
Mary Ann Azevedo
2,022
4
30
a new concept; it’s just taken off in recent years and become . Buy now, pay later lets people do exactly what its name suggests — buy something and pay for it later. The difference between BNPL and credit cards is that rather than charge the full amount of a purchase on a card, consumers can choose to pay for an ite...
India seizes $725 million assets from Xiaomi unit over illegal remittances
Manish Singh
2,022
4
30
India’s anti-money laundering agency said on Saturday it has seized assets worth about $725 million from Xiaomi India for breaching the country’s foreign exchange laws in a major blow to the Chinese phone maker that commands the Indian smartphone market. The Indian Enforcement Directorate said it had seized bank accoun...
The answers to real estate’s climate tech questions may be all around us
Dave Mullen
2,022
4
8
seen Adam McKay’s “Don’t Look Up” starring Meryl Streep, Leonardo DiCaprio and Jennifer Lawrence, you should. The film speaks to an existential, albeit preventative, threat to our world, and well, no one seems to care. While an allegory, this political piece reflects the climate reality for many. For those who do care...
If the earliest investors keep going earlier, what will happen?
Natasha Mascarenhas
2,022
4
30
happening in the early-stage market. In one world, late-stage investors are reacting to tech stonk corrections by clamoring toward the early-stage investment world, forcing seed investors to go even earlier to defend ownership and potential returns. This trend was underscored by firms like Andreessen Horowitz launchin...
Landline wants to fully check you in for your flight — far from the airport
Connie Loizos
2,022
4
8
Running an airline is a grueling business, with many companies either folding shop or to survive. Being an airline passenger isn’t a walk in the park either, for a litany of reasons that anyone who has ever been in an airport can easily enumerate. , a four-year-old, Fort Collins, Colorado-based transportation startup...
Daily Crunch: After 16 months on the job, Better.com CTO Diane Yu steps down
Christine Hall
2,022
4
8
Welcome to the Daily Crunch for Friday, April 8, 2022! Today, Haje has mostly been reading the most recent IPCC report and gobbling anti-anxiety meds by the fistful, while Christine was talking and writing all day. If it turns out that saving the planet is the wrong thing to do, we can always choose to burn it to cinde...
TechCrunch+ roundup: Psychedelic biotech, Gogoro’s SPAC, H-1Bs for Ukrainians
Walter Thompson
2,022
4
8
You may not have heard of Amadeus, but if you’ve taken a trip, you’ve probably interacted with its tech stack. Launched in 1987, the company provides hundreds of transportation and hospitality providers with inventory management and booking services. “In short, it covers just about every aspect of travel IT imaginable,...
What Glossier got wrong
Evan J. Zimmerman
2,022
4
8
, Glossier has laid off about 80 employees (or a third of its corporate workforce), most of whom were on its tech team. Although the company focused on technology when it was really a beauty business, it is not hard to see these layoffs in the light of the public market tech meltdown. Many venture-backed companies beli...
A newcomer to AI data labeling, Encord looks to ride a rising tidal wave
Emma Betuel
2,022
4
8
Before you can even think about building an algorithm to read an X-ray or interpret a blood smear, the machine has to know what’s what in an image. All of the promise of AI in healthcare — an area that has attracted in private investment in 2021, can’t be realized without that tell machines what exactly they’re loo...
The album you’ve been waiting 24 years for is dropping exclusively on a paid podcasting service
Brian Heater
2,022
4
8
At least you don’t have to spend to get your hands on Black Star’s second album. And hey, with 24 years between records, no one can accuse the duo of rushing “No Fear of Time,” unlike other projects. After years of failed attempts to drive subscriptions with album release exclusives, however, Black Star’s latest is a...
Nissan’s first solid-state EV planned for 2028
Jaclyn Trop
2,022
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Nissan unveiled Friday a prototype production facility for solid-state batteries, a critical step in the automaker’s bid to develop and deliver an EV powered by the next-generation battery technology by 2028. Battery technology is seen by Nissan — and many others — as the key to unlocking cheaper, longer-range EVs for ...
Netflix might buy a piece of NFL Films, report claims
Lauren Forristal
2,022
4
8
The NFL is in talks with media companies about selling equity in NFL Films, according to sources familiar with what occurred at last week’s annual owners’ meetings, reported this week. The most notable company that was mentioned was reportedly Netflix. While Netflix has given no indication that it will cover live spo...
Apply to pitch your startup at TC Sessions: Mobility
Neesha A. Tambe
2,022
4
8
is back… in person! TechCrunch Editorial is on the hunt for six early stage startups to feature in a pitch-off on the Main Stage. On May 18-20, the industry’s brightest entrepreneurs will take the stage in front of a live audience and a panel of industry experts, pitching revolutionary technologies. Founders – you hav...
Does your startup have enough runway? 5 factors to consider
Marjorie Radlo-Zandi
2,022
4
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investor call, the CEO calmly said, “We only have two months of runway left.” The fact that we were on Zoom couldn’t hide the investors’ reactions — a few faces turned decidedly pale. As an angel investor, I’ve faced variations of this scenario, some more consequential than others. Fortunately, it doesn’t happen often...
Like a frog in a pot on the stove, I am offering this slowly warming Hot Take
Haje Jan Kamps
2,022
4
8
I’ve been writing about climate change for about 22 seconds. about how they see the world of climate change. I’ve read every report, spoken to scores of founders and, when the (IPCC) released the other day, I took a couple of deep breaths, popped a to (ineffectively) ward off an anxiety episode and got to readin...
Study of Apple’s ATT impact highlights competition concerns
Natasha Lomas
2,022
4
8
An interesting new of 1,759 iOS apps before and after Apple implemented a major privacy feature last year which required developers to ask permission to track app users — aka App Tracking Transparency (ATT) — has found the measure has made tracking more difficult by preventing the collection of the Identifier for Adv...
Discover how Samsung NEXT and Microsoft for Startups can help your business at TC Early Stage
Alexandra Ames
2,022
4
8
TechCrunch Brought to you by The goal of this roundtable is to discuss and learn how to utilize the Design Thinking methodology to create an experience that combines content, creativity and collaboration in building the first iteration of your product. In the end founders will be able to work through the common hurdl...
Google adds self-repair options for Pixel phones
Brian Heater
2,022
4
8
More positive news for phone owners looking to take matters into their own hands. Google this morning announced that it’s teaming with iFixit to offer a suite of tools for fixing Pixel handsets. At launch (later this year), kits will be available for common repairs like replacing batteries, displays and camera modules....
Better.com CTO transitioning to advisory role in wake of mass layoffs
Mary Ann Azevedo
2,022
4
8
She will remain an “advisor” to the company, which will give her “more flexibility to spend more time with her family and additional time in Hong Kong,” according to the internal memo, which is signed by CEO Vishal Garg. Yu’s departure adds to the many questions surrounding the company’s fate. Without a technology head...
Sequoia-backed SwooshTransfer raises millions of dollars to automate cross-border payments
Rita Liao
2,022
4
8
China’s export-oriented e-commerce has been flourishing over the last few years as the world demands its electronics, fast fashion, sporting gear and other everyday goods. While the country’s digital exporters revel in the boom, they also face challenges. One of their biggest pain points has been payments collection, w...
VCs, unicorn founders back Truora, a startup that helps LatAm businesses onboard users via WhatsApp
Mary Ann Azevedo
2,022
4
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user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. Co-founder and CTO David Cuadrado spent nearly five years as an engineer at Twilio, while co-founder Cesar Pino worked as an engineer at the company for nearly three years.
Just how much has late-stage venture capital slowed?
Alex Wilhelm
2,022
4
8
of 2022 brought a historically huge sum of investment for global startups, with the three-month period outclassing any quarter in 2018, 2019, and 2020, according to data. But despite the fact that Q1 2022 posted historically elevated results, venture capital investment from Q4 2021 levels. And it may be that late-...
Spotify continues testing a TikTok-like discovery feed
Amanda Silberling
2,022
4
8
Spotify is experimenting with yet another new discovery feature, following last week’s test of an “ ” for podcasts. Now, the streaming service is testing a on the app’s home screen, which introduces users to new music through a feed of (AKA, those GIFs that appear when you’re listening to certain songs — Olivia Rod...
Daily Crunch: Amazon says it’s ‘disappointed’ after Staten Island fulfillment center workers unionize
Christine Hall
2,022
4
1
A fine day to you, and welcome to Daily Crunch for ! It was a slow news day at TC Towers because we double-checked every PR pitch for April Fools’ Day silliness and every PR agency in the world advised their clients to set embargoes to literally any other day of the year. Alex and Mary Ann in a particularly enjoyabl...
Garrett Camp on his startup studio, its new $200M fund and what he makes of ‘Super Pumped’
Connie Loizos
2,022
4
1
When I first Garrett Camp in March 2007 on a reporting assignment, it was at the San Francisco-based offices of StumbleUpon, a web-discovery tool that had registered more than 2 million users and drawn attention to Camp, the startup’s twenty-something-year-old founder. Seed funded with $1.5 million by storied angel R...
Hear from these amazing investors and founders on TechCrunch Live this April
Matt Burns
2,022
4
1
has an exciting slate of episodes scheduled for April. The speakers come from a variety of disciplines, backgrounds and locations. Like always, each episode features an entrepreneur presenting their early pitch deck along with the investor who funded the company. We want to know how the founder hooked the VC, what mak...
TechCrunch+ roundup: YC demo days, pitching warm up drills, Kentucky’s Bitcoin miners
Walter Thompson
2,022
4
1
The sidewalks along University Avenue in Palo Alto used to be a great place to do business. For decades, there were several blocks where angels and VC partners camped out at café tables, taking pitches between lattes. The pandemic put a stop to that, however. These days, when you have an opportunity to sell an investor...
3 things you can do right now to support Ukraine’s IT sector
Emmy Gengler
2,022
4
1
texts started early, asking for power supplies and tools for fixing engines,” said Katia Ryzha, who lives and works in Ivano-Frankivsk, a small city in Western Ukraine. Since the war began, Ukrainian soldiers at the front line have requested tools and other hard-to-find items from their friends and colleagues around t...
‘Mars is very quiet,’ but Perseverance rover still captures Martian sounds for science
Devin Coldewey
2,022
4
1
The microphone aboard Mars Rover Perseverance has in its explorations, but for the most part, “a deep silence prevails” on the red planet. You can still hear the “puff, whir, zap” of the rover’s tools, the hum of the Ingenuity helicopter and the woosh of a gentle Martian breeze in this collection of sounds from the e...
Europe’s AI Act contains powers to order AI models destroyed or retrained, says legal expert
Natasha Lomas
2,022
4
1
The European Union’s planned risk-based framework for regulating artificial intelligence includes powers for oversight bodies to order the withdrawal of a commercial AI system or require that an AI model be retrained if it’s deemed high risk, according to an analysis of the proposal by a legal expert. That suggests the...
Staten Island Amazon workers vote to unionize
Brian Heater
2,022
4
1
A historic day in a hard-fought battle as workers at Amazon’s JFK8 fulfillment center have voted to unionize. Counting for the Staten Island, NY warehouse concluded this morning, approving the formation of a union: 2,654 to 2,131. A total of 4,785 votes were cast, out of a total of 8,325 voters. It’s a huge win for lab...
Late-stage software startups might be in the most valuation trouble
Alex Wilhelm
2,022
4
1
may be in the most trouble when it comes to changing valuation marks among technology companies, new data indicates. A (SVB) exploring first-quarter software startup trends details that late-stage SaaS valuations in the United States scaled the most rapidly in 2021, closing out the year with the highest revenue mult...
The US just announced that cars will have to be a lot more fuel efficient by 2026
Jaclyn Trop
2,022
4
1
The U.S. Department of Transportation (DOT) announced a dramatic change to domestic fuel economy standards, a crucial step toward putting more electric vehicles on the road while reducing dependence on other countries. The standards, which go into effect in 2024, aim to deliver on President for half of the vehicles s...
VC Lotti Siniscalco shares dos and don’ts in the Pitch Deck Teardown at TC Early Stage
Jordan Crook
2,022
4
1
TechCrunch Disrupt returns in October — Get your 2-for-1 promo code now
Alexandra Ames
2,022
4
1
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Natasha Lomas
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5 crypto tax tools that could save your ass on Tax Day
Anita Ramaswamy
2,022
4
1
the who transacted with or traded cryptocurrency last year, you’re probably breaking a sweat about the looming deadline to file your taxes (that’d be Monday, April 18). And if you’re an NFT aficionado who changed your Twitter profile picture to an image of a hexagonal, nonchalant monkey, chances are that you’ll want...
4 critical relationships that will help your startup succeed
Darshan Somashekar
2,022
4
1
that relationships are the key to success. It’s important to build relationships with mentors who can help you when the going gets tough, trustworthy investors who can fund your growth, and experts in your field who can serve as advisers. But there are many other relationships that you may be writing off as not that i...
UK police charge 2 teenagers in connection with Lapsus$ hacks
Carly Page
2,022
4
1
Just a week after arresting seven individuals as part of its investigation into a series of cyberattacks conducted , U.K. authorities have charged two teenagers with multiple cyber offenses. In a on Friday, Detective Inspector Michael O’Sullivan from the City of London Police said that the two teenagers, aged 16 and...
Instacart now delivers market trends
Alex Wilhelm
2,022
4
1
Hello and welcome back to  , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Welcome to our Friday show! Our regular co-host was off this time, so  and  linked arms with our producer to blast our way through the news of the week. As always, we had to pick and...
London’s By Rotation is taking its P2P fashion rental app stateside
Natasha Lomas
2,022
4
1
Fashion rental platforms had a tough time during the pandemic as in-person events evaporated and office workers ditched their smarts to collectively slip into comfy loungewear. But as the pandemic recedes (hopefully!) and focus grows on the environmental and social costs of fast fashion, the future for clothes rentals ...
Coinbase debuts crypto trading in India
Manish Singh
2,022
4
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Coinbase is adding support for the popular UPI payment instrument in India, making its eponymous cryptocurrency exchange functional in the world’s second-largest internet market for the first time. The publicly listed firm, which began , made the official launch at its maiden event in India on Thursday, saying that it...
Watch Rocket Lab send a pair of BlackSky satellites to space
Aria Alamalhodaei
2,022
4
1
Rocket Lab will embark on its 25th mission using the Electron rocket on Friday, this time to send two Earth-imaging spacecraft to orbit for BlackSky. The launch, the second of 2022 for Rocket Lab, will bring BlackSky’s high-resolution satellite constellation to 14. The mission, named “Without Mission A Beat,” will emba...
Samsung’s upcoming Q1 earnings top estimates on solid chip demand 
Kate Park
2,022
4
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The Parentinc raises $22M led by East Ventures for its parenting community and D2C brand
Catherine Shu
2,022
4
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, a Singapore-based startup that runs a parenting community and direct-to-consumer product line, announced today it has raised $22 million. The round was led by East Ventures with undisclosed investors and included participation from Central Retail Corporation, a new backer, and returning investor WHG Holdings. Part of...
Grover grabs $330M to double down on circular economy with consumer electronics subscriptions
Ingrid Lunden
2,022
4
6
A growing number of people are looking for ways to live more sustainably amid increasing concerns over the environment and what we humans keep doing to pollute it. Today, a startup called which has built a business around one aspect of that — enticing people to buy and eventually discard fewer consumer electronics su...
GM to pitch perks of Bolt EV to baseball fans on Opening Day
Jaclyn Trop
2,022
4
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due to a fire risk, GM wants U.S. customers to know that Chevrolet is back in business. Chevy is announcing the return of the all-electric Bolt sedan and utility vehicle with a pair of national ad campaigns set to debut on Thursday to coincide with Major League Baseball’s Opening Day. that retail production for both ...
Lead Edge Capital just closed its newest fund with an astonishing $2 billion (nearly)
Connie Loizos
2,022
4
6
It used to take a while to amass $5 billion in assets under management. Not so for , a 12-year-old California- and New York-based growth-equity firm that just surpassed that amount, closing its sixth and newest fund with a whopping $1.95 billion in capital commitments from roughly 500 investors. The pool follows a fu...
Fanatics reveals NFL was biggest backer in $1.5B round announced last month at $27B valuation
Mary Ann Azevedo
2,022
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Fanatics has raised a total of $4.2 billion in funding, according to .
Spanish scale-ups club together to shift the tech policy agenda
Natasha Lomas
2,022
4
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In the latest spark from its fast evolving tech ecosystem, Spain’s scale-ups are banding together to lobby lawmakers and press the economic case for their high-tech, high-growth business model more broadly. The new lobby group, called (aka ‘Es’ for España), had its official launch last week — when it unveiled nine fo...
Daily Crunch: Citing ‘uncertain mortgage market,’ Better.com rolls out employee buyout plan
Christine Hall
2,022
4
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Welcome to the Daily Crunch for Wednesday, April 6, 2022! Today, , and can we just say … about time! May all other platforms follow. Also, while we’re on our little soapbox: The earth ain’t flat, and vaccines have little impact on your 5G reception. Which is unfortunate, because we can’t get more than a couple of bar...
NordVPN raises its first money, $100M at a $1.6B valuation
Ingrid Lunden
2,022
4
6
VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations like people wanting to access content otherwise blocked in their regions — driving an of all internet consumers globally to use a VPN at some point this year. Now , th...
Twitter is wiping embeds of deleted tweets from the web
Taylor Hatmaker
2,022
4
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The isn’t Twitter’s only new feature that can rewrite history. The company has apparently changed the way it handles embedded tweets that were deleted after the fact, littering web pages across the internet with holes. Previously, a deleted tweet embedded in a web page would still display the text content of a tweet....
FabuLingua wins the TechCrunch City Spotlight: Austin pitch-off!
Matt Burns
2,022
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It’s my pleasure to announce won today’s City Spotlight: Austin pitch-off! The company competed against and on today’s TechCrunch Live episode and won free exhibition space at TechCrunch Disrupt this October. Mark Begert pitched his company to three Austin-based investors who found his messaging and pitch to be c...
Google Play will hide and block downloads for outdated apps starting later this year
Sarah Perez
2,022
4
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Google is preparing to clear its Play Store of outdated apps. The company that starting on November 1, 2022, it will hide apps and block their installation to users’ devices if developers haven’t kept up with the latest Android OS releases. Specifically, Google said apps that don’t target an Android API within two ye...
Terra’s founder plans to back its stablecoin with a ‘basket’ of cryptocurrencies
Jacquelyn Melinek
2,022
4
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many headlines in the past few weeks surrounding the choices of Do Kwon, the founder of Terraform Labs, which created the crypto tokens LUNA and stablecoin TerraUSD (UST). Kwon previously announced plans to obtain $10 billion in bitcoin for reserves to “open a new monetary era of the Bitcoin standard.” The funds will ...
TikTok launches new program to help creative agencies reach its audience
Aisha Malik
2,022
4
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TikTok is launching a new program that is designed to help creative agencies become “TikTok experts,” the company on Wednesday. The company says the five-week program will teach enrollees what they need to know about getting started on TikTok and how to use the platform to up their marketing game. “The goal of CAP ...
NASA finds two new space-based ways to track climate change
Stefanie Waldek
2,022
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We often think of NASA as an agency that looks outward into space, but it’s the agency’s position in space that makes it such a powerful tool for observing the Earth itself. Today NASA announced the results of two space-based studies observing climate change across the planet. The first is a data set from the ​​Global ...
No more radar for Tesla EVs headed for Europe, Middle East
Kirsten Korosec
2,022
4
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Tesla will start delivering Model Y and Model 3 vehicles without radar to customers in Europe and the Middle East, a continuation of the company’s plans and CEO Elon Musk’s desire to only use cameras combined with machine learning to support its advanced driver assistance system and other active safety features. Tesla ...
Tandem sketches out a remote-friendly hybrid work future
Alex Wilhelm
2,022
4
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, a startup building corporate communications tools, has released a new product called Spaces, hoping to blend remote and in-office work so that all staff feels properly connected to their co-workers. The release of Spaces comes as many companies are digesting a return to offices and the question of how to manage a tea...
Meta says it’s ‘pausing’ F8, won’t hold the developer conference this year
Aisha Malik
2,022
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Meta today that it won’t be holding its F8 developer conference in 2022. In a blog post, the company said it’s “pausing” the conference this year while it focuses on new initiatives, such as the metaverse. “Similar to years past, we are taking a brief break in programming and will not hold F8 in 2022 while we gear up...
6 questions investors should ask when evaluating psychedelic biotech companies
Matias Serebrinsky
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firm that invests in psychedelics, we receive hundreds of pitches every month from founders developing psychedelic therapeutics. Startups are developing treatments for depression by combining psilocybin with psychotherapy, creating new delivery methods, like dissolving strips and patches, and even formulating compound...
Zenda gets $9.4M to streamline school fee payment and management
Annie Njanja
2,022
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, a UAE-based startup looking to change how parents pay school bills, and the way educational institutions manage fee collection, is eyeing Africa as its next frontier for growth. Zenda (formerly nexopay) told TechCrunch it plans to enter the continent through — its third market after India — in the coming months, as...
Arrow saves online shopping carts in Southeast Asia
Catherine Shu
2,022
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Even in markets where credit card penetration is high, shopping cart abandonment is still a major source of concern for online vendors. Now imagine the situation in Southeast Asia, where many countries have scores of e-wallets, buy now, pay later services and other forms of payment. Bank transfers are also popular opti...
Elon Musk’s The Boring Company to take on hyperloop project
Kate Park
2,022
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Elon Musk said Sunday via Twitter that his tunnel-building-for-urban-transport business The Boring Company will attempt to build a high-speed, and still theoretical, hyperloop in the coming years. In 2013, Musk put out a white paper that outlined the idea of a transport system that could send passengers and cargo in po...
Fishy business: Rooser raises $23M for its seafood trading platform
Ingrid Lunden
2,022
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The fishing market globally was worth in 2021, and despite the that swirls around the industry, that figure continues to grow. Today a startup that has built a platform to make the business of fishing more efficient — and thus the process overall more traceable and less prone to waste — is announcing a round of fun...
Deep Science: AI simulates economies and predicts which startups receive funding
Kyle Wiggers
2,022
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Research in the field of machine learning and AI, now a key technology in practically every industry and company, is far too voluminous for anyone to read it all. This column aims to collect some of the most relevant recent discoveries and papers — particularly in, but not limited to, artificial intelligence — and expl...
Why a16z pitched Deel to lead its Series A
Matt Burns
2,022
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Live for founders to talk about fundraising while flipping through their last pitch deck. But Deel CEO Alex Bouaziz didn’t have a pitch deck to share. That’s because Deel raised a total of $629 million without one. Rather, Andreessen Horowitz partner Anish Acharya pitched Deel to let a16z lead the company’s Series A, ...
A complete timeline of the Elon Musk-Twitter saga
Alyssa Stringer
2,022
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Before Musk even placed a bid for Twitter, SEC regulators said they have authority to subpoena the Tesla CEO about his tweets and even urged a federal judge not to let the executive get away with tweeting with abandon. Shortly after U.S. regulators urged a judge to monitor Musk’s tweets, the Tesla and SpaceX CEO expres...
Fintech Roundup: Founders reinventing, startups buying and round sizes growing
Mary Ann Azevedo
2,022
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Photo courtesy of Sextant Stays In Su’s own words: He told me that he really loves what Pry is doing and thinks it could do really well within Brex. And I thought he was just being nice, you know? And just being encouraging to another fellow founder. But it turns out, he really meant it. Gotta love it. Pry Financials...
3 questions about Coinbase’s NFT push
Alex Wilhelm
2,022
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, . The U.S. cryptocurrency trading giant’s entry into the market for non-fungible tokens has been a long time coming and lands at an important time for the public company. Shares of Coinbase are trading near all-time lows today ahead of its earnings that will land in early May. Coinbase has proven that it can build a...
This Week in Apps: Google bans call-recording apps, Snap’s Q1 and BeReal hype
Sarah Perez
2,022
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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...
If everything is the metaverse then the metaverse is nothing
Alex Wilhelm
2,022
4
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Happy Saturday! A few notes from the house before we get to work. TechCrunch’s new launched this week, which I am excited about. And, the TechCrunch+ team is Tuesday, April 26 with Silicon Valley-based attorney and TechCrunch+ columnist Sophie Alcorn who will discuss immigration-related issues and answer questions ...
Super fans, franchises and unique content could be the answer to reducing streaming churn
Lauren Forristal
2,022
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In today’s highly competitive streaming market, streaming services don’t just have to figure out how to attract users — they also have to find ways to keep them. “2022 State of Streaming” report may be able to offer some new insights on this front. The report examines fan behavior to uncover key findings such as the ...
Deal terms feel like dart boards these days
Natasha Mascarenhas
2,022
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, which has been in the works for over a year, my eyes searched for two things: check size and ownership target. I care about value-add services and micro-focuses, such as a goal to back diverse founders or a Web 2.5 track, but I first care about how new programs, such as A16z START, are advertising their money. The re...
Reliance calls off $3.4 billion deal with Future Group
Manish Singh
2,022
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Reliance Industries “cannot implement” its to acquire core parts of retail chain Future Group after the latter’s secured creditors rejected the offer earlier this week, India’s most valuable firm said in a stock exchange filing on Saturday. “The Future Group companies comprising Future Retail Limited (FRL) and other ...
DJ and crypto startup founder 3LAU explains the value behind music NFTs
Anita Ramaswamy
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When people think of NFTs, the first use case most of them likely think of is visual art. From Beeple’s $69 million sale of a digital collage at Christie’s to the Bored Apes Yacht Club collection, visual art has seemed to be the most prominent use case for NFTs due to close similarities with traditional fine art invest...
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Scammers snatch up expired domains, vexing Google
Haje Jan Kamps
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thing — ever-evolving, ever-changing. This goes beyond just the content on websites; whole domains can expire and be taken over, allowing corners of the internet to become a little like your hometown: Wait, wasn’t there a Dairy Queen here? For example, if TechCrunch forgets to pay its domain registrar, TechCrunch.com ...
Europe seals a deal on tighter rules for digital services
Natasha Lomas
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In the small hours local time, European Union lawmakers secured a provisional deal on a landmark update to rules for digital services operating in the region — grabbing political agreement after a final late night/early morning of compromise talks on the detail of what is a major retooling of the bloc’s existing e-comm...
D&D Beyond comes under the wing of Wizards of the Coast in $146 million deal
Taylor Hatmaker
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The parent company of Dungeons & Dragons publisher Wizards of the Coast will buy , the role-playing game’s popular digital suite of tools. The company announced the news this week in a press release, disclosing that it would buy D&D Beyond from current owner Fandom in a . Wizards of the Coast is a subsidiary of toy-m...
Daily Crunch: To complicate Musk’s attempt to swallow Twitter, board approves ‘poison pill’ strategy
Christine Hall
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Welcome to the Daily Crunch for Friday, April 15, 2022, where we are continuing to stick our heads in the sand regarding the war in Ukraine and the Earth slowly roasting itself to a crisp in favor of … a loudmouthed billionaire wanting to buy a deranged bird sanctuary. On our Equity podcast today, which we recorded at ...
Announcing the agenda for TechCrunch Sessions: Mobility 2022
Kirsten Korosec
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Autonomous vehicle technology has evolved from the confines of academic research to living labs — aka testing on closed tracks and public roads. Now, a handful of companies, including Cruise and Motional, are trying to turn their innovations into a product that not only has the technical capability to navigate city str...
The 10 EVs and plug-in hybrids that stood out at the New York Auto Show
Jaclyn Trop
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Electric vehicles took center stage at the New York International Auto Show this year, with an indoor track as part of the show’s 250,000-square-foot EV display leaving no doubt that EVs are part of the mainstream — at least on the auto show circuit. Nearly every automaker that participated in the New York Internationa...
Uniswap Labs COO says mainstream crypto adoption hinges on accessibility and ease
Jacquelyn Melinek
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world, companies, protocols and projects alike are pushing to onboard a billion users — what they see as the tipping point for cryptocurrency use to grow exponentially. But that number is only possible — obviously — through increased adoption. That means major players in the space must make improvements regarding ease...
Youth sports app TeamSnap launches a new system designed for clubs and leagues
Lauren Forristal
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, a web service for managing recreational and competitive sports teams and groups, announced the launch of its all-in-one multi-program management system for youth sports organizations. With the new system, clubs and leagues will be able to register players as well as take advantage of new scheduling and team managemen...
An inside look at a Ukrainian fintech startup adapting to life during wartime
Nelia Holovina
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against Ukraine has been going on for almost two months, and during this time, all sectors of the economy, including IT, have had to stand by the military. Ukrainian IT did not break down — it shrank a little, but it is standing firmly, providing employment to people, paying taxes, organizing humanitarian help and ass...
TechCrunch+ roundup: Musk’s Twitter bid, European cannabis survey, borrowing against NFTs
Walter Thompson
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The United States is the world’s largest cannabis market, but as more European countries consider legalizing recreational use, investors are looking for opportunities in production, distribution and retail. Much like the U.S., laws governing this plant-based drug differ across the EU, which means entrepreneurs must nav...
China further limits access to unauthorized foreign games
Rita Liao
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For years, China has left a loophole open for people to access unauthorized video games, but it’s ready to close it. Many foreign titles lack a Chinese publishing partner like Tencent to help them obtain the government-issued license needed to operate in the country, so players normally rely on an “accelerator” to redu...
The Toyota bZ4X: Solidly middling EV
Abigail Bassett
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first automotive brand that pops to mind when it comes to battery electric vehicles. Toyota might be the largest automaker in the world — reportedly selling more than 9.5 million vehicles globally and stealing the crown from Volkswagen Group — but the company has been markedly absent from the battery electric vehicle ...
Twitter adopts poison pill defense to block Elon Musk takeover
Romain Dillet
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Twitter’s board of directors announced in that the company is adopting a limited duration shareholder rights plan — a “poison pill” in merger and acquisition lingo. While the company doesn’t name Elon Musk directly, Twitter is clearly trying to prevent the billionaire from buying the social network. Elon Musk current...
How to make trees better
Jesse Klein
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report and the make it clear: It’s crunch time to start working on something to combat the amount of CO in our atmosphere. There are hundreds of startups working on that “something.” Some are working on direct air capture technologies, like , which raised in April. These engineered solutions pull carbon from the a...
European startups elude global VC funding slowdown in Q1 2022
Anna Heim
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Europe (including the U.K.) was up in the first quarter of 2022, CB Insights and Crunchbase data show. In other words, the region escaped the global in startup investment. But Europe isn’t the only place where VC funding didn’t decline. As we noted earlier this week, this was also – unlike the U.S., Asia, and . B...
Meta is developing a web version of Horizon Worlds
Aisha Malik
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Meta is working on a web version of its social virtual reality Horizon Worlds platform, the company’s CTO Andrew “Boz” Bosworth in a tweet. The expansion would allow users to try out Horizon Worlds without having to use Quest VR headsets, which is currently the only way to access the virtual world. Bosworth’s tweet a...
Opera brings its Crypto Browser to iPhones and iPads
Aliya Chaudhry
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the of their Crypto Browser, designed for accessing web3, with a non-custodial crypto wallet built-in. The browser was on Windows, Mac and Android devices. Opera says they built this browser for those who are familiar with cryptocurrencies already as well as newcomers. The app’s built-in crypto wallet supports Ethe...
US officials link North Korean Lazarus hackers to $625M Axie Infinity crypto theft
Carly Page
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U.S. officials have linked North Korean state-backed hacking group  to the recent theft of $625 million in cryptocurrency from the Ronin Network, an -based sidechain made for the popular play-to-earn game . The Treasury Department’s Office of Foreign Assets Control (OFAC) on Thursday new sanctions against an Ether...