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Trump says he won’t return to Twitter if his account is reinstated | Aisha Malik | 2,022 | 4 | 25 | Former President Donald Trump said on Monday that he will not be returning to Twitter if his account is reinstated, according to a statement he provided to . Trump’s comments about Twitter come on the same day that the company has announced that it offer to acquire the publicly traded company at $54.20/share, valuin... |
Reddit officially launches its Community Funds program with a $1 million investment | Aisha Malik | 2,022 | 4 | 25 | Reddit is investing $1 million in its Community Funds program, the company on Monday. The company has been experimenting with its Community Funds program for the past six months and provided financial support to help Reddit users bring their ideas for events and projects to life. Throughout the duration of the experi... |
Google’s Pixel Watch may finally be on its way | Brian Heater | 2,022 | 4 | 25 | again. Someone leaves a prototype , prototype makes its way into some blogger’s hands, chaos ensues. It’s hard to imagine another device coming along soon that’s shrouded in the same layer of security as the . Both gadgets and tech journalism have evolved since those halcyon days, but nothing like a high-profile leak... |
Twitter accepts Elon Musk’s $44B acquisition offer | Ingrid Lunden | 2,022 | 4 | 25 | Tesla CEO Elon Musk is infamous for using Twitter to tease and tease out various ideas he has about his business interests, cryptocurrency, politics and life in general, but today it looks like he’s making good on one of the biggest of his musings. Twitter has announced that it has accepted Musk’s offer to acquire the ... |
Here’s why we’re about to see an explosion of hyperreal artificial humans online | Mike Butcher | 2,022 | 4 | 25 | Synthetically generated versions of real people that can be can be programmed to say anything sounds like a scenario from the latest episode of “Black Mirror.” But in fact, production-grade video-based characters based on real people — which can talk about any product or subject at all, in a hyperlifelike manner — are ... |
Musk’s Boring Company to begin ‘full-scale’ hyperloop testing this year | Kirsten Korosec | 2,022 | 4 | 25 | Elon Musk’s tunnel startup The Boring Company plans to begin “full-scale” testing of hyperloop, a still theoretical transportation system that sends passengers in autonomous electric pods through a tube at speeds in excess of 600 miles per hour. Musk Monday, just a day after announcing the company would and less th... |
Brianne Kimmel’s new $35 million fund isn’t yet tempted by all of web3 | Natasha Mascarenhas | 2,022 | 4 | 25 | While web3, the metaverse and virtual HQs feel like the loudest features of the “future of work” startup category, founder has a more down-to-earth definition. The solo-GP has spent the past few years backing companies that will help modern workers, from to to a . “We do want to be very mindful and intentional ... |
Sapphire Ventures’ Cathy Gao on how VCs can help early-stage startups weather volatility | Brian Heater | 2,022 | 4 | 25 | about early-stage startups, we tend to focus on the internals — and understandably so. It’s easiest to home in on the things you can control: developing products, building a team, finding the right investors. All are important and foundational to developing a startup, of course. But as much as we’d like to believe tha... |
SLAMcore just raised $16M to help robots get around | Brian Heater | 2,022 | 5 | 3 | The more of our world we share with robots, the more important it is to help them find their way. Founded in 2016, navigation is at the heart of what London-based SLAMcore does. In fact, it’s right there in the name — SLAM being a common robotics acronym for “Simultaneous localization and mapping.” The company has deve... |
Your MVP is neither minimal, viable nor a product | Haje Jan Kamps | 2,022 | 5 | 3 | Whenever I talk about minimal viable products with product-driven startup founders, I often find myself in a frustrating conversation. The term MVP is such a profound misnomer; a good MVP is not viable, and it is certainly not a product. Chances are it isn’t as minimal as you want it to be either, come to think of it. ... |
Daily Crunch: Startup that transforms real-world items into NFTs raises $6.9M seed round | Christine Hall | 2,022 | 5 | 3 | Hello and May the 3rd be with you. Did we get that meme right? Today, we are thrilled to see a16z planning $50 (that’s $500 million) worth of investments in its newest fund. We are also and executes a round of layoffs – and It’s all fintech all the time on the site today, with a $65 million round going to Kevi... |
Match names Zynga President Bernard Kim as CEO, replacing Shar Dubey | Sarah Perez | 2,022 | 5 | 3 | Dating app giant Match is getting a new CEO. Just over two years after , Match CEO and 16-year employee Shar Dubey is stepping down. The company today, alongside its first-quarter , Shar Dubey will resign as an officer of Match Group but will remain on the company’s board and continue to serve as an adviser. , the... |
Lyft continues its COVID recovery, but investors are far from impressed | Alex Wilhelm | 2,022 | 5 | 3 | American ride-hailing company Lyft reported Tuesday its , a report that showed continued improvement from the loss of business it experienced during the COVID-19 pandemic. In Q1, the former startup unicorn generated revenues of $875.6 million, up some 44% from the year-ago period. Besting its guidance, the company’s C... |
Roku snags Martha Stewart, Emeril and others for its original programming push | Lauren Forristal | 2,022 | 5 | 3 | It is the second day of NewFronts, and the announcements continue. Roku today said it will extend its content library in hopes to target audiences who are fans of lifestyle, cooking, home renovation and reality television. The company has two new co-production deals with Marquee Brands and Milk Street Studios, giving T... |
Argo AI, Zoox and Coalition for Reimagined Mobility to discuss what makes a ‘good AV citizen’ | Kirsten Korosec | 2,022 | 5 | 3 | Developers of autonomous vehicles have long promised that the technology will fundamentally change the way people, packages and freight move around the world. But will these robotaxis, self-driving trucks and delivery bots be good citizens in the cities in which they operate? And what does a “good AV citizen” even look... |
Snap unveils a Cameo partnership, new ad format and more original programming | Sarah Perez | 2,022 | 5 | 3 | Building on the stream of announcements around creators and AR from its , Snap today introduced several more initiatives across advertising and content during its presentation at the . Most notably, the company is launching a new creator program in partnership with celebrity greeting app Cameo, a new advertising prod... |
TechCrunch+ roundup: Creating financial models, UiPath’s plummet, pitch deck pro tips | Walter Thompson | 2,022 | 5 | 3 | When robotic process automation company UiPath filed to go public in March 2021, the startup had just closed a $750 million round that helped it clinch a $35 billion valuation. Although its initial IPO price range was slightly below that figure, post-debut, it bounced back to a $43 billion valuation at $90 per share. A... |
Wordle! (but not that Wordle!) is now in the hands of mobile tech firm AppLovin | Sarah Perez | 2,022 | 5 | 3 | After the popular online game , an unrelated older mobile game that shared the same name benefitted, gaining an explosion of downloads as iPhone users mistook it for the web game making headlines. Now the developer of the iOS game Wordle!, Steven Cravotta, has cashed in on this case of mistaken identity — he’s handed ... |
Bunq to acquire group expenses app Tricount | Romain Dillet | 2,022 | 5 | 3 | , a European challenger bank based in Amsterdam, has announced that it plans to acquire , a popular mobile app to manage group expenses. Bunq isn’t disclosing the terms of the transaction and the acquisition is pending regulatory approval. Tricount is a simple yet effective way of tracking expenses as a group. For ins... |
Exclusive look at patent filings reveals Our Next Energy’s plans for a no-compromise EV battery pack | Tim De Chant | 2,022 | 5 | 3 | their futures on electric vehicles, they’re beginning to confront the hard realities of economics and physics. Prices for nickel and cobalt, two key elements used in EV batteries today, have skyrocketed, far outpacing inflation. At the same time, existing lithium-ion battery technology is improving, just not fast enou... |
Apple snags longtime Ford exec as the iPhone maker powers up EV car project | Jaclyn Trop | 2,022 | 5 | 3 | Apple has hired a longtime Ford executive to provide the iPhone maker with automotive expertise, signaling that its mysterious car project is still alive. Desi Ujkashevic, Ford’s global director of safety engineering, will join the software giant’s efforts to develop a fully electric autonomous car, which has been bese... |
Deal-flow newsletters surface gold nuggets for investors | Anna Heim | 2,022 | 5 | 3 | one day fund 1,000 companies per batch? Its president, Geoff Ralston, . But for the tech press, the possibility creates a conundrum: We can do our best to , but we can’t cover in its early days. This situation, it turns out, creates an opportunity for an emerging source of startup curation: deal-flow newsletters. ... |
Twitter Circle, a ‘Close Friends’-like feature, is testing | Amanda Silberling | 2,022 | 5 | 3 | Twitter Circle, the app’s spin on an Instagram-like “Close Friends” feature, is finally testing. The feature was teased as one of many potential product updates , and last month, it due to a bug. Now, a small number of users can shitpost to their 150 closest friends as the feature enters a live testing phase. Scree... |
Hiring top startup talent on a budget during the Great Resignation | Walter Thompson | 2,022 | 5 | 3 | wasn’t ginned up by corporate media to sell advertising impressions — if you’re trying to hire, the struggle is real. Since the pandemic began, the percentage of workers who quit their jobs reached a 20-year high, according to the U.S. Bureau of Labor Statistics. found that most workers exit for one of three reasons:... |
Deal-flow newsletter PreSeed Now to introduce future UK crown jewels to investors | Anna Heim | 2,022 | 5 | 3 | Pre-seed startups are often too early for showtime, but not for deal-flow newsletters. Launching today, deal-flow newsletter will present early-stage startups from around the U.K. to investors twice a week, with one in-depth company profile per issue. “U.K. companies, and particularly the earliest-stage companies, do... |
null | Jaclyn Trop | 2,022 | 4 | 25 | null |
We need app store competition, not Apple’s 1960s-style paternalistic monopoly | Karen Gullo | 2,022 | 5 | 3 | A pair of bills moving through Congress would force some of the largest tech companies to cede control over how people find and use mobile apps, leading to more competition and lower prices. But Big Tech companies, especially Apple, want to scare people with dire warnings that the bills would put their security in jeop... |
Digital health startups brace for a post-Roe world | Natasha Mascarenhas | 2,022 | 5 | 3 | , the Supreme Court is set to overturn the landmark Roe v. Wade decision, a precedent that protects a women’s choice to have an abortion. The move, still yet to go through, would be devastating to the women’s reproductive rights movement and a stunning jolt to healthcare in the United States. In response to the looming... |
A diminished Firefox turns 100 | Frederic Lardinois | 2,022 | 5 | 3 | Mozilla launched of its Firefox browser today, but more so than a day for celebration, it feels like a day for nostalgia. That’s a nostalgia for a time when Firefox was truly revolutionary after it broke out of the Mozilla Application Suite back in 2002 and quickly threatened the hegemony of the utterly dismal Intern... |
Alan raises another $193 million for its medical one-stop shop startup | Romain Dillet | 2,022 | 5 | 4 | French startup has raised a new €183 million funding round ($193 million at today’s exchange rate). The company sells its own health insurance products and has expanded to other medical products and services. In other words, Alan wants to build a healthcare super app and a one-stop shop for all your questions and nee... |
Binance gets regulatory nod in France, paving the way for Europe push | Rita Liao | 2,022 | 5 | 4 | Binance, the world’s largest crypto exchange by volume, has gained regulatory approval to provide digital asset services in France, the first European country where it has acquired such permission, the company said in a on Thursday. The greenlight was granted by the country’s market and banking authorities and arrive... |
Sidekick Health grabs $55M for digital-first care programs | Natasha Lomas | 2,022 | 5 | 4 | Digital therapeutics plus pills? Iceland’s has developed a gamified digital care platform that’s designed to support healthcare outcomes by applying personalized behavioral lifestyle nudges, including alongside clinical treatments like drugs, to augment, extend and support patient care for a range of chronic diseases... |
Hikvision shares plummet after report that the Biden administration is considering more sanctions | Catherine Shu | 2,022 | 5 | 4 | Hikvision shares after a that the Biden administration is planning to impose more sanctions on the surveillance camera company, accusing it of enabling human right abuses. The Financial Times reports that the sanctions would have “far-reaching consequences because companies and governments that deal with Hikvision …... |
Cameo conducts layoffs a year after hitting unicorn status | Natasha Mascarenhas | 2,022 | 5 | 4 | Cameo, a platform that allows fans to buy personalized videos from celebrities, has laid off 87 members of its staff, according to a tweet from CEO Steven Galanis. The layoffs, , impacted a quarter of the overall workforce and was a result of the company needing to balance costs with cash reserves. “Today has been a b... |
Bull City Venture Partners is the opposite of flashy — and its backers approve | Connie Loizos | 2,022 | 5 | 4 | is the opposite of flashy. The 20-year-old, generalist venture outfit only invests in two to four companies each year. It mostly invests in founders who’ve been around the block at least once, catching them as early in their new adventure as possible. And from its headquarters in Durham, North Carolina, it largely inv... |
Twitter tries to woo anxious advertisers with a slate of premium video content at the NewFronts | Sarah Perez | 2,022 | 5 | 4 | Twitter returned to the this evening to pitch its upcoming premium video content slate to advertisers, as it had in previous years. But this time around, the company is faced with a group of media buyers who are worried about the future of the social network as a “brand-safe” platform for their marketing efforts. As ... |
From partners to competitors: What Stripe’s latest move means for Plaid | Mary Ann Azevedo | 2,022 | 5 | 4 | Earlier today, payments giant announced a new product that fills in some significant gaps in its play to be the financial services layer for merchants and other businesses whose models are based on enabling transactions, . That new product is called and the company says it will give Stripe’s customers a way to con... |
AutoRabit, which develops tooling for Salesforce CRM devs, lands $26M | Kyle Wiggers | 2,022 | 5 | 4 | , which provides CI/CD tools for Salesforce customer dev teams, today announced that it raised $26 million in a Series B funding round led by Full In Partners, bringing the startup’s total raised to $52.5 million. CEO Meredith Bell says that the new cash will be put toward product development and expanding the size of ... |
Aurora unveils fleet management platform to optimize autonomous operations | Rebecca Bellan | 2,022 | 5 | 4 | Autonomous vehicle technology company Aurora Innovation has unveiled a fleet management platform that can be used to help optimize operations for the startup’s trucking and ride-hailing products. announced the platform, named , alongside its first-quarter earnings report on Wednesday, during which the company present... |
Dear Sophie: Any USCIS updates on automatic work extensions and premium processing? | Sophie Alcorn | 2,022 | 5 | 4 | of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says , a Silicon Valley immigration attorney. “Whether you’re... |
Daily Crunch: European startup studio eFounders unveils its next-generation CRM tool | Christine Hall | 2,022 | 5 | 4 | Happy Star Wars Day. These are not the 4th of Mays you’re looking for. But it is a pretty awesome newsletter we’ve got for you today, so there’s that. Extra special good news if you’re a student: Our events team put together a deal for you, with a chance to get a free ticket to Disrupt! Yeeeeeessssssss — if you’re a cu... |
null | Kyle Wiggers | 2,022 | 5 | 3 | null |
Formula 1’s Fernando Alonso launches first e-bike at Miami Grand Prix | Rebecca Bellan | 2,022 | 5 | 4 | Alonso’s bike will be sold online at or in-store at SimplyEV and Simply Mac locations across the U.S. for $3,999. |
Match Group Google Play Store complaint triggers Dutch antitrust probe | Natasha Lomas | 2,022 | 5 | 4 | A competition complaint against Google’s Android Play Store by Match Group, the company which owns Tinder and a number of other dating apps, has led to a preliminary investigation by the Netherlands’ Authority for Consumers and Markets (ACM) into whether the tech giant is abusing a dominant position, the regulator said... |
Instagram test makes it easier to get product and service quotes from businesses | Aisha Malik | 2,022 | 5 | 4 | Instagram is testing a new “Get Quote” button with select businesses on its app, Meta on Wednesday. The new button allows users to set up custom questions to ask customers prior to starting a conversation. Once customers fill out the questionnaire, they can then quickly request a quote from a business about a product... |
As Dropbox heads into earnings, it desperately needs a win | Alex Wilhelm | 2,022 | 5 | 4 | file storage and sharing service will report its first-quarter earnings tomorrow, and for the former unicorn and present-day public company, the stakes appear quite high. Dropbox is coming off a year of growth stuck in the low teens, with to prove even slower growth in 2022. The performance Dropbox reports Thursda... |
Pinterest quietly launches a livestreaming app for video creators | Sarah Perez | 2,022 | 5 | 4 | Pinterest on Monday launched a new app aimed at making it easier for creators to livestream to its platform. The new Pinterest TV Studio app for and will allow select creators to go live on Pinterest as well as use multiple devices in order to achieve different camera angles, the app’s description states. The compa... |
Make human services more accessible without losing the ‘human’ touch | Alon Laniado | 2,022 | 5 | 4 | other automation tools to enhance the delivery of human services can make exclusive services like career coaching available to more people. But for this to happen, the human and tech aspects of a service must be balanced. My study of 65+ startups operating as tech-enhanced human services (TEHS) suggests that while com... |
Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs | Harri Weber | 2,022 | 5 | 4 | Porsche has read the room. With its first electric vehicle now the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. Porsche injected $100 million into Group14 as part of a larger $400 m... |
China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk | Rita Liao | 2,022 | 5 | 5 | Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between China and the U.S. heighten. Nio on Friday that it is seeking a secondary listing of its Class A ordinary shares “by way of introduct... |
A second Apple Store files to hold a union election | Amanda Silberling | 2,022 | 5 | 4 | Apple store employees in Towson, Maryland have and to hold an official union election. This marks the third Apple retail location in recent weeks that has taken significant steps toward becoming the first formally recognized Apple union, following stores in and . Calling themselves AppleCORE (Coalition of Organi... |
Haun Ventures leads $50M round in NFT startup Zora Labs | Lucas Matney | 2,022 | 5 | 5 | The NFT ecosystem continues to chug along, but the vast majority of volume is still moving through the centralized halls of NFT marketplace OpenSea, leaving crypto VCs eager to find new channels. Katie Haun’s new firm, Haun Ventures, has led its first deal in NFT startup . The $50 million funding round values the comp... |
Tony Fadell cleans out his garage | Brian Heater | 2,022 | 5 | 5 | what I unearthed when I cleaned out my garage and found photos of everything I’ve ever made?” Tony Fadell tweeted in mid-April. It was a rhetorical question. Anyone with a passing interest in the last two decades of consumer hardware would jump at the opportunity to see what the man behind the iPod, iPhone and Nest Th... |
Lyft brings shared rides back to more US cities in bid to win riders | Rebecca Bellan | 2,022 | 5 | 5 | Lyft is bringing back shared rides to San Francisco, San Jose, Denver, Las Vegas and Atlanta this May, the company on Thursday, noting that the popular reduced fare service will be expanding to other markets in phases throughout the year. The company originally abandoned its carpooling service in March 2020 when the ... |
Lithium-ion recycler Li-Cycle lands $200 million to power future EVs | Tim De Chant | 2,022 | 5 | 5 | Metals and fossil fuels behemoth Glencore is pumping $200 million into battery recycler Li-Cycle as part of a larger, symbiotic supply deal inked by the two firms. Under the new agreement, the Swiss materials giant will ship burnt-out batteries and scraps to Li-Cycle, which will recover the high-demand metals so they c... |
Daily Crunch: Larry Ellison leads investor group chipping in $7.1B toward Musk’s Twitter buyout | Christine Hall | 2,022 | 5 | 5 | What’s a five-letter word containing ERUSS? You made the GUESS — USERS, that’s what — and tens of millions of them have joined The New York TIMES after , according to ‘s REPORT. As LOYAL players, we ADORE it. – and , a few days ago, and for a medical one-stop shop. I’m not entirely sure what’s happening in the... |
Lucid is raising prices on its luxury Air EV by as much as 13% | Rebecca Bellan | 2,022 | 5 | 5 | Lucid Group is the latest automaker to up the price of its electric vehicles. The company announced Thursday alongside its that it was raising prices of the variants of its luxury Air sedan, beginning June 1. The price hikes push the base price of the Air sedan as much as 13%. All existing reservation holders will no... |
Peloton reportedly looks to sell up to a 20% stake amid struggles | Brian Heater | 2,022 | 5 | 5 | In February, Peloton CEO John Foley as the connected fitness pioneer cut 2,800 jobs. No one could say the news was unexpected. The firm was experiencing dramatic turmoil after flying high from pandemic sales and then falling back down to Earth. Add to that 2021’s massive product recall and you’ve got a rough couple o... |
Fortnite is back on iOS through Xbox Cloud Gaming | Taylor Hatmaker | 2,022 | 5 | 5 | Microsoft is throwing its weight behind Epic Games in the fight against Apple — and bringing Fortnite back to iOS in the process. The company announced Thursday that it had to make Fortnite available on Apple devices through its game streaming service, Xbox Cloud Gaming. Fortnite is back, but you still won’t be able ... |
null | Devin Coldewey | 2,022 | 5 | 4 | null |
6 places where investors look for problems when you’re fundraising | Bill Petty | 2,022 | 5 | 5 | looking to raise capital? If so, before you open the door to potential investors, your financial house might need a little spring cleaning. As a growth equity investor, we meet with many founders who have a solid handle on the day-to-day operations of their business and have some of the basic financial “pillars” in pl... |
Amazon Labor Union president tells Senate that workers’ rights aren’t a ‘Democrat or Republican’ issue | Amanda Silberling | 2,022 | 5 | 5 | Back in February, Amazon tried to labor organizer Christian Smalls for bringing food to warehouse employees during a union drive. One unfathomably monumental labor victory later, and today, the New Yorker is speaking before the Senate and visiting President Joe Biden at the White House. Smalls, the Amazon Labor Union... |
‘Climate entrepreneurs deserve fast capital’: Enduring Planet unwraps a new fintech platform | Harri Weber | 2,022 | 5 | 5 | , a new fintech firm that exclusively funds climate entrepreneurs, is taking the wraps of its first product after securing $5 million in debt and equity financing. The company aims to deliver fast debt capital to startups and small businesses that focus on climate, such as by mitigating emissions or helping humanity ad... |
Twitter rolls out new Spaces features, including access to analytics for hosts | Aisha Malik | 2,022 | 5 | 5 | Twitter is rolling out a number of new features for its live audio Spaces product this week. The social media giant is giving hosts and co-hosts on iOS and Android about their Spaces. For example, hosts and co-hosts can now get information about how many total live listeners tuned in to the broadcast, how many times ... |
Unusual Ventures just closed a $485M fund by promising hands-on (full-time) help | Connie Loizos | 2,022 | 5 | 5 | , a now 30-person outfit founded nearly five years ago by former Lightspeed Ventures investor John Vrionis and serial entrepreneur Jyoti Bansal, has closed its third fund with $485 million in capital commitments, says Vrionis. It’s not a huge step up from the $425 million that Unusual raised for its second fund in late... |
Oops, I think they broke the blockchain | Anita Ramaswamy | 2,022 | 5 | 5 | Hello and welcome back to the podcast, where we unpack and explain the latest crypto news, drama and trends, breaking it down block by block for the crypto curious. On this week’s episode, we talked about the virtual land sale that (temporarily) broke the blockchain. Yuga Labs’ now-infamous NFT drop was — to put it li... |
Crypto gaming is growing, but can it reach people outside of the web3 world? | Jacquelyn Melinek | 2,022 | 5 | 5 | big for the play-to-earn gaming scene, which goes hand-in-hand with the crypto world, but as the games become more advanced and provide more opportunities for users, what’s next for the industry? Perhaps it’s building out the gaming experience or creating new openings for non-crypto-native players to enter the space, ... |
Budgeting and planning for your first digital product | Charles Fry | 2,022 | 5 | 5 | mobile, IoT or web3 product, the one question I’m asked almost always is: How much will it cost to build? I get this question often from entrepreneurs who know their business but don’t have experience creating software. Since there’s a different answer for nearly every situation, I have a few key points that are alway... |
Knit picking | Brian Heater | 2,022 | 5 | 5 | here and guessing you don’t need me to tell you why we wanted to chat with Amazon at . Well before we were discussing how the pandemic has radically transformed automation, the retail giant had already begun to transform the category. Amazon’s got hundreds of thousands of robots deployed in fulfillment centers across... |
On Deck cuts 25% of staff, scales back accelerator | Natasha Mascarenhas | 2,022 | 5 | 5 | , a tech company that connects founders to each other, capital and advice, has laid off 25% off its staff, per sources familiar with the company. The layoffs were announced today during an internal all hands meeting, and impacts about 72 people. Sources say that mostly operations and investing roles were impacted by la... |
The costs of driver incentives are weighing on Lyft, Uber | Alex Wilhelm | 2,022 | 5 | 5 | nearly a third of their value yesterday after the ride-hailing company , despite the company beating market expectations for revenue. If you delve a little deeper, it seems the market was instead focused about something else entirely: Slightly soft guidance on revenue growth in Q2 2022 when compared to analyst expect... |
Traceable AI nabs $60M to secure app APIs using machine learning | Kyle Wiggers | 2,022 | 5 | 2 | , a startup offering services designed to protect APIs from cyberattacks, today announced that it raised $60 million in a Series B round led by IVP with participation from BIG Labs, Unusual Ventures, Tiger Global Management and several undisclosed angel investors. The new capital values the company at more than $450 mi... |
South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR | Kate Park | 2,022 | 5 | 2 | Augmented reality (AR) can help customers shopping online preview products before making a purchase, and is a growing area of investment for e-commerce businesses. According to a recent survey of 16,000 Snapchat users in 16 markets, want to use AR and VR for online shopping. Now, a South Korean augmented reality (AR)... |
Andreessen Horowitz plans $500 million investment in Indian startups | Manish Singh | 2,022 | 5 | 2 | Andreessen Horowitz, which made its maiden India investment last year, is looking to get aggressive in the world’s second largest internet market. The Silicon Valley-based venture capital firm has earmarked about $500 million to back Indian startups, a source familiar with the matter told TechCrunch. The firm, which le... |
Stellantis, Trudeau invest $2.8 billion to boost EV production in Canada | Rebecca Bellan | 2,022 | 5 | 2 | Stellantis will spend $2.8 billion (CAD $3.6 billion) to increase production of electric vehicles at two of its Canadian plants, the company said on Monday. The funding is a portion of the Stellantis dedicated to electric vehicles and new software over the next year in its push to move away from internal combustion e... |
LinearB wants to help development teams optimize their workflows | Frederic Lardinois | 2,022 | 5 | 2 | , a startup that helps engineering leaders optimize the workflow of their development teams, today announced that it has raised a $50 million Series B round led by Tribe Capital. New investor Salesforce Ventures, as well as existing investors Battery Ventures and 83North, also participated in this round, which brings t... |
Don’t miss the roundtable roundup at TC Sessions: Mobility 2022 | Alexandra Ames | 2,022 | 5 | 2 | |
Daily Crunch: Google unveils new options for removing personal data from search results | Christine Hall | 2,022 | 5 | 2 | and / Getty Images |
Rivian lands $1.5B incentives package to build massive EV factory in Georgia | Kirsten Korosec | 2,022 | 5 | 2 | Rivian will receive a $1.5 billion incentives package to build its massive factory in Georgia, posted Monday by the state’s Department of Economic Development. That sizable carrot — the biggest in the state’s history — comes with several commitments from Rivian, including that it will hire 7,500 people who will earn ... |
Max Q: Hold fire | Aria Alamalhodaei | 2,022 | 5 | 2 | Hello and welcome back to Max Q. In this issue: Launcher demonstrated full thrust on its 3D-printed E-2 engine from NASA’s Stennis Space Center in Mississippi. The test demonstrated about 22,046 pound-feet of thrust (about 10 metric tons) using LOX/Kerosene at 100 bars of combustion pressure. Though they’re still a way... |
Biden to provide $3.1B to support domestic production of EV batteries | Rebecca Bellan | 2,022 | 5 | 2 | President Joe Biden’s administration said it will provide $3.1 billion in funding to support the domestic production of advanced batteries that will spur electric vehicle adoption. Proponents of the funding, which is part of the Bipartisan Infrastructure Law enacted last year, say supporting local battery initiatives w... |
Finally, VR for your mouth | Brian Heater | 2,022 | 5 | 2 | Teams have tried a number of different ways to get the lower half of the face into the act with VR. That includes, and I’m quoting directly here, “a tiny robotic arm that could flick a feather across the lips or spray them with water.” They’ve also largely ruled out a piece that directly covers the mouth — VR users ult... |
Health startup myNurse to shut down after data breach exposed health records | Zack Whittaker | 2,022 | 5 | 2 | myNurse, a healthcare startup that provides chronic care management and remote patient monitoring services, said it will shut down at the end of the month after reporting a data breach that exposed personal health information of its users. The startup, which launched , said in filed with the California attorney gene... |
MIT used autonomous knitting to create these soft robotic banana fingers | Brian Heater | 2,022 | 5 | 2 | The MIT CSAIL team calls them “banana fingers,” and I can’t really disagree. They’re oblong and bright yellow, but as visually arresting as they are at first glance, they do serve a function. The glove is effectively a kind of soft robotic. Its uses pneumatic actuation (air power, if you will) to serve as an assistive ... |
This is what the Edit Tweet feature could look like on Twitter | Sarah Perez | 2,022 | 5 | 2 | Twitter’s work on its is continuing. While several people last month already spotted , what we didn’t yet know was how edited tweets would appear to users viewing them on Twitter, or how the edited tweet’s original text could be read. Now, we’re able to see what Twitter is building to highlight that tweets have had e... |
Amazon workers reject bid to unionize a second Staten Island warehouse | Brian Heater | 2,022 | 5 | 2 | Weeks after for Amazon union organizers in Staten Island, a second location in the borough has soundly defeated plans to follow suit. The “no” vote scored a decisive victory this time out, at 618 to 380. In all, 998 of the 1,633 eligible workers cast a vote. With only two voided ballots, the results appear far more s... |
New Zealand gets its first crypto, web3-focused VC fund | Rebecca Bellan | 2,022 | 5 | 2 | The last few months have seen a wave of VC firms dedicating entire multimillion-dollar funds to the advancement of technology in the crypto, blockchain and web3 space. Most recently, , closed its third fund for an oversubscribed $650 million. Earlier this year, to back crypto startups and buy tokens; for its secon... |
null | Tim De Chant | 2,022 | 5 | 5 | null |
Amazon aggregator Thrasio begins layoffs, names new CEO | Christine Hall | 2,022 | 5 | 2 | A day of reckoning has come for , one of the bigger startups buying up and consolidating third-party Amazon sellers. TechCrunch has learned from sources that the company, valued last year at between $5 billion and $10 billion, is going to be laying off a portion of its employees this week. That news is coming at the s... |
Inclusive fintech is hard to do right, so Line has a different direction | Natasha Mascarenhas | 2,022 | 5 | 2 | of fintechs claiming to build a more inclusive, mission-driven fintech platform for lower-income individuals. However, hurdles like required credit history or predatory interest rates and fees limits an entire cohort of people from engaging in our financial systems. , the founder and CEO of , thinks he can get users ... |
Don’t worry about VCs’ returns if you can exit your startup early | Anna Heim | 2,022 | 5 | 2 | watching the recent wave of shows on disgraced startups (from Theranos to WeWork), you might be under the impression that startup founders have no sense of responsibility. In my experience, however, the opposite is much more common: Entrepreneurs tend to feel guilty about things that are just part of startup life. For... |
Amazon is going to make it easier to load your own books onto Kindle | Amanda Silberling | 2,022 | 5 | 2 | Amazon is… a company that could bear to have of an track . At the time of publication, warehouse workers in Staten Island are fighting for by voting in yet another . But hey, those folks in Seattle make a pretty good e-reader. Since it’s Amazon, though, Kindles make it a little challenging to upload e-books tha... |
Coinbase’s lost momentum | Lucas Matney | 2,022 | 5 | 20 | Hey everyone, and welcome back to Last week, we talked about how the crypto industry needs to take a moment to reflect on buying the love of its followers. This week, we’re looking at the unhappy misfortunes of America’s favorite public crypto company To get this newsletter in your inbox every Thursday, you can subscri... |
Pear, now nearly 10 years old and with numerous hits, looks to close its biggest fund by far | Connie Loizos | 2,022 | 5 | 20 | Pear, a Palo Alto, Ca.-based venture firm that we’ve been tracking since its outset in 2012, looks to be raising a fourth fund that’s targeting $410 million in capital commitments, shows a new . It would be a big step up from Pear’s first three funds, which closed progressively with $50 million in 2013, $75 million in... |
Why founders should start talking now to bankers and potential buyers | Connie Loizos | 2,022 | 5 | 20 | Founders have gotten the memo that the ground is shifting under their feet right now. What to do about it is the question. Already, teams are making plans to scale back their spending to preserve capital. They’re making painful staff cuts toward that same end — or else instituting hiring freezes. But they should also b... |
Daily Crunch: South Korea’s special financial crimes unit is investigating Do Kwon | Christine Hall | 2,022 | 5 | 20 | What is that we hear? Is that the Friday, May 20, 2022, on the calendar and the soft, alluring siren’s song of a weekend that’s right around the corner? Why, yes, that must be it! Our events team is busy putting together an awesome TechCrunch Disrupt, and we are psyched about Startup Battlefield, where the winner will ... |
Hyundai to open $6.5B EV factory in Georgia | Jaclyn Trop | 2,022 | 5 | 20 | Hyundai is the latest automaker to announce plans to open an EV factory in Georgia, the same state where Rivian is preparing to break ground on its Hyundai’s $6.5 billion EV and battery manufacturing facility outside of Savannah will further the state’s goal of becoming a major regional hub for the EV industry. As sal... |
Even Amazon can’t quite figure out what Astro is for | Haje Jan Kamps | 2,022 | 5 | 20 | robot has been scurrying its way around my apartment for the past few weeks. It has no arms to scratch its own head in confusion, but I am willing to do that for him. As part of Amazon’s Day 1 Editions program, the robot is a $1,000 invitation-only program with limited numbers of robots available, as the company is ... |
Digital biomarkers are healthcare’s next frontier | Sunny Kumar | 2,022 | 5 | 20 | temperature, hemoglobin A1c levels and other biomarkers have been used for decades to track disease. While this information is essential for chronic condition management, these and many other physiological measurements are typically captured only periodically, making it difficult to reliably detect early meaningful ch... |
Indian launch startup Skyroot successfully completes full-duration stage test | Aria Alamalhodaei | 2,022 | 5 | 20 | , the first private Indian company to design, build and test a solid rocket propulsion stage, has reached another key milestone in the development of its Vikram-I launch vehicle: a full-duration test of the rocket’s third stage. The third stage, dubbed Kalam-100 in homage to Indian rocket scientist and former President... |
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