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Meta is integrating its Horizon Venues live events app into Horizon Worlds
Aisha Malik
2,022
5
6
Meta that it’s integrating its Horizon Venues event experience into its social virtual reality Horizon Worlds platform. Horizon Venues is currently a separate app dedicated to attending live events in VR that uses the same avatars as Horizon Worlds. On June 6, users will be able to attend these live events directly w...
Simone Giertz goes from projects to products
Brian Heater
2,022
5
6
be royalty,” Simone Giertz laughs. “I’m happy to be a woman who does things.” YouTube’s one-time Queen of Shitty Robots didn’t renounce her crown so much as outgrow it. A few years back, the time came to put away the , the and the that slams into a keyboard and kind of rolls back and forth in a rough approximation...
Coinbase’s NFT marketplace is off to a lackluster start
Jacquelyn Melinek
2,022
5
6
over two weeks since Coinbase its highly anticipated NFT marketplace for select waitlisted beta users. Earlier this week, the company opened the service up to the public — and digital collectibles trading has been sluggish. Coinbase’s exchange has 24-hour , according to CoinMarketCap. Since launching on April 20, C...
Codenotary launches a full-stack monitoring solution for Kubernetes and VMware environments
Frederic Lardinois
2,022
5
6
, the company behind the immutable open source database and a software supply chain security service built on top of it, today announced that it is also adding a full-stack Kubernetes and VMware vSphere monitoring service for operations and DevOps teams on top of that. Basically, while the company’s previous offering...
Stripe is playing checkers with Plaid
Natasha Mascarenhas
2,022
5
6
Hello and welcome back to  , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. The crew was back at full-speed, and maybe even full excitement meets exhaustion, this week. and were on the mic with moral and edit support from the wonderful  If we had to give this ...
Spotify Stations has left the station
Aisha Malik
2,022
5
6
Spotify Stations, the streaming service’s offering easy access to curated playlists, is shutting down on May 16. The company told TechCrunch that the app and web player will no longer be available after this date. The Stations app was originally designed for those who want a more radio-like experience, rather than ha...
Watch the latest TechCrunch Live event on building a better mobility fintech startup
Matt Burns
2,022
5
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This week Rachel Holt from Construct Capital and Kevin Bennett from Caribou spoke with Kirsten Korosec, TechCrunch’s transportation editor. This event was the first in our month dedicated to mobility startups — and that includes event this month. Kevin Bennett started his auto financing company in 2016. It started ...
24 hours left to save $200 on passes to TC Sessions: Climate 2022
Lauren Simonds
2,022
5
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The venture slowdown isn’t coming — it’s here
Alex Wilhelm
2,022
5
6
venture capitalists are deploying funding across the globe slowed yet again in April. Venture capital dollar volume, as , peaked in November 2021. Since that apogee, the value of venture investments has ticked lower in most months before dropping another $5 billion from March to April. That the venture capital indust...
Daily Crunch: 7 months after raising $1B, grocery delivery Gorillas exits four countries and lays off 300
Christine Hall
2,022
5
24
It’s the 24th of May, 2022, and today made us laugh with her “Welcome to Hell, we all drive Teslas,” subhead to her story about . Masterful.  — and It’s mildly absurd to be alternately covering $150 million rounds and layoff stories today, but such is the life of startups. to turn streaming experiences into e-c...
Dyson has been secretly building robots
Brian Heater
2,022
5
24
You probably know Dyson for their vacuums, or maybe that too-powerful dryer you’ve tentatively stuck your hands in while waiting for a flight. Maybe you’ve seen their hair dryers or fans. Dyson is a company that develops premium products that move air around. Basically, if they don’t suck, they blow. Recently, the firm...
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Christine Hall
2,022
5
6
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Sequoia Capital plays Nostradamus (again)
Connie Loizos
2,022
5
24
Sequoia Capital, the storied, 50-year-old venture firm, has become known over the years for using sweeping memos to warn the founders in its portfolio about market shifts after the shift has become somewhat obvious. Still, while it’s tempting to poke fun at these missives — its “ ” in 2008 and its “ ” memo in March of ...
Mastercard exec is bullish on crypto, sees mass adoption ‘sooner rather than later’
Jacquelyn Melinek
2,022
5
24
Both large and small companies are retaining their crypto optimism despite the recent market correction in the developing technology space. Mass adoption of blockchain technology and digital assets is going to happen sooner rather than later, according to Mastercard’s VP of new product development and innovation, Harol...
Pony.ai loses permit to test autonomous vehicles with driver in California
Rebecca Bellan
2,022
5
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The California Department of Motor Vehicles revoked Pony.ai’s permit to test its autonomous vehicle technology with a driver on Tuesday for failing to monitor the driving records of the safety drivers on its testing permit. “While reviewing Pony.ai’s application to renew the testing permit, the DMV found numerous viola...
Kim Kardashian lends her taste buds to Beyond Meat as first chief taste consultant
Christine Hall
2,022
5
24
has some new star power behind its plant-based meat brand in Kim Kardashian. The entrepreneur and influencer extraordinaire came on as the company’s first “chief taste consultant” and will be featured in a new campaign touting her recipes for using Beyond Meat and other creative content. Kim Kardashian is Beyond Meat’...
Bumble is planning to expand further into social networking with a new communities feature
Sarah Perez
2,022
5
24
Dating platform Bumble is looking to enhance its non-dating social features with a further investment into its Bumble BFF feature, first launched in 2016. This friend-finding feature currently uses the same swiped-based mechanics to connect people looking for platonic relationships but will soon expand to include socia...
A single question changed how Singularity viewed its market
Tim De Chant
2,022
5
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started , a carbon intelligence platform that , he never thought he would focus the company on a greenhouse gas. But one conversation with a customer changed the way he viewed his product and, ultimately, his company and the type of customers it now serves. “The journey was really customer driven, to be honest. When...
Netflix is adding four more games this month, including Exploding Kittens
Aisha Malik
2,022
5
24
Netflix has four more games that are launching on its platform this month, including a game that is based on a popular card game and will also be tied to an upcoming Netflix series premiering in 2023. The four new titles bring Netflix’s gaming catalog to 22 games in total. The Exploding Kittens game, which was deve...
Robotic rehabilitation glove wins Microsoft’s 20th Imagine Cup for student inventors
Devin Coldewey
2,022
5
24
Microsoft’s Imagine Cup is something I look forward to every year. The students and young entrepreneurs who submit their extremely early-stage projects to this global competition are like the seeds of future startups and potentially world-changing projects. , created a robotic glove to help patients with neurological ...
Questions arise on Y Combinator’s role in startup correction
Alex Wilhelm
2,022
5
24
, albeit . Venture capital totals are sagging in most geographies, and falling share prices for tech companies large and small have on the future value of high-growth and often cash-hungry startups. The end of the lengthy startup boom that first formed in the wake of the 2008 financial crisis and largely powered t...
Shellworks wants to crack makeup’s single-use plastic problem
Harri Weber
2,022
5
24
Is the beauty industry ready to wean itself off single-use plastic? is betting on it. Targeting cosmetics brands, the London-based biotech startup has scooped up a $6.2 million seed round to prove it can scale its petroleum-free, compostable packaging, which “performs like plastic” but breaks down in about a year, th...
Twitter rebrands its media website to focus on creators with a new ‘Create’ hub
Aisha Malik
2,022
5
24
Twitter today that it has rebranded its Twitter Media website to ” The social media giant says the website is a new hub for creators to access resources, product information and tips for getting the most out of Twitter. With this new rebrand, the company says it wants to make it easier for creators to understand how...
DDG has a tracker blocking carve-out linked to Microsoft contract
Natasha Lomas
2,022
5
24
DuckDuckGo, the self-styled “internet privacy company” — which, for years, has built a brand around a claim of non-tracking web search and, more recently, launched its own ‘private’ browser with built-in tracker blocking — has found itself in hot water after a researcher found hidden limits on its tracking protection t...
Mayfield’s Navin Chaddha: I’ve looked at clouds from both sides now
Navin Chaddha
2,022
5
24
at tech from both sides now (h/t ), as a three-time entrepreneur and as a venture investor through two downturns. On the startup side, my first company, VXtreme, was acquired by Microsoft and became the platform for media streaming over the internet. My second experience was the rocket ship run up to an IPO and subse...
PlanetScale expands its database service with built-in performance monitoring and more
Frederic Lardinois
2,022
5
24
, the highly scalable MySQL database service founded by the co-creators of the increasingly popular open source project, today announced a series of updates that push the platform beyond its basic database features by adding new enterprise features and new tools to improve the developer experience. The first of these...
Google TV is finally launching personalized user profiles after a long delay
Lauren Forristal
2,022
5
24
After being delayed for months, it’s about time that Google rolls out its personalized profiles for Google TV.   , users will get profiles “over the next few weeks.” , Google TV announced profiles that will give each user their own tailored recommendations, watchlists and personalized Google Assistant answers. While th...
Niantic transcends Discord to build Campfire, an AR social network, and unveils Lightship VPS
Amanda Silberling
2,022
5
24
Since the launch of Pokémon Go in 2016, players have been coordinating meetups, in-game raids and battles on platforms like Reddit and Discord. This summer, parent company Niantic is Campfire, a social networking service designed to help mobile augmented reality (AR) gamers connect. Niantic’s games incentivize people...
Stellantis to build new battery plant in Indiana
Jaclyn Trop
2,022
5
24
Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana. The project, which will create 1,400 new jobs and could surpass the $3 billion mark once it’s complete, is Stellantis’ first battery plant in the U.S. and its fifth worldwide. The latest factory is...
Adam Neumann’s blockchain-based redemption story now sponsored by a16z
Anita Ramaswamy
2,022
5
24
In a classic “pivot to crypto to reinvent yourself” moment, controversial WeWork founder Adam Neumann recently launched a startup, , to sell tokenized carbon credits on the blockchain. Venture capitalists just can’t seem to get enough of Neumann and his spouse/co-founder, Rebekah, who started the company alongside its...
Airbnb China closes domestic unit to cut costs as it bets on border reopening
Rita Liao
2,022
5
23
Airbnb will terminate its domestic business in China, marking the partial retreat of another Western tech giant from the country. Like most of its peers, the home sharing titan is shifting its focus to China’s outbound business. Google, Facebook, Twitter and the likes don’t offer services to Chinese consumers but they ...
IP and cybersecurity disputes are top legal concerns for tech companies
Andrea D'Ambra
2,022
5
23
to litigation, but for the tech sector, it appears intellectual property (IP) and patent disputes, followed by cybersecurity and data protection issues, are among the top legal matters that keep tech company managers up at night. According to the , which surveys hundreds of in-house litigation leaders from global cor...
OpenAI: Look at our awesome image generator! Google: Hold my Shiba Inu
Devin Coldewey
2,022
5
23
The AI world is still figuring out how to deal with the amazing show of prowess that is … but OpenAI isn’t the only one working on something like that. Google Research has rushed to publicize a similar model it’s been working on — which it claims is even better. (get it?) is a text-to-image diffusion-based generator ...
SwipeRx lands $27M from MDI and Gates Foundation to digitize the pharma industry in Southeast Asia
Kate Park
2,022
5
23
, a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia’s MDI Ventures, with participation from the Gates Foundation, Johnson & Johnson Impact Ventures, Susquehanna International Group and existing backers. Pharmacies in Southeast Asia were largely fragmented, mo...
Snap says it will miss this quarter’s revenue goals and slow hiring
Amanda Silberling
2,022
5
23
Snap CEO Evan Spiegel wrote in an internal memo that the company will for this quarter. Snap will also slow its pace of hiring, a that companies like Meta and Uber have employed as a way to cut costs. Though Snap continues to grow year over year, Spiegel says the company is growing more slowly than expected due to t...
Max Q: Insertion burn
Aria Alamalhodaei
2,022
5
23
Hello and welcome back to Max Q. In this issue: Nearly two and a half years after the first botched flight test, Boeing successfully launched its Starliner capsule on Thursday, and It’s a major achievement for the company’s astronaut transportation program, which until now has been plagued with setbacks and technical...
Daily Crunch: Used-car marketplace Sylndr lands $12.6M pre-seed round, sets new record for MENA startups
Christine Hall
2,022
5
23
Monday May 23, 2022, and we’re listening to . In it, we talk to TechCrunch writers about the stories they’re most excited about. The first episode is live now, featuring Darrell and Taylor talking about … UFOs — and Putting robot operating systems in the cloud makes sense in a world where a lot of industrial robot...
Walmart is adding Symbotic robots to warehouses across the country
Brian Heater
2,022
5
23
The push behind the massive influx of warehouse robotics funding is largely driven by one entity: Amazon. There are other factors driving the industry, of course, including the pandemic, labor shortages and supply chain constraints, but Amazon is forever looming in the corner, forcing companies to adopt creative and in...
Founder alleges that YC-backed fintech startup is ‘copy-and-pasting’ its business
Anita Ramaswamy
2,022
5
23
A new startup lifting elements of competing businesses is far from unusual in today’s venture world, but sometimes competing founders don’t find the imitation all that flattering. Andy Bromberg, CEO of the a16z-backed startup Eco, is claiming that , another fintech startup that came out of stealth this morning, “plagi...
Vibes hold steady at crypto conferences amid bearish market
Jacquelyn Melinek
2,022
5
23
It’s been a hard month for the global cryptocurrency market. And yet, community members continue to gather nonstop to network, learn and party at what feels like a seemingly endless loop of crypto conferences. But there seems to be a slight vibe shift between just a few weeks ago, when I attended FTX and SALT’s joint c...
A group of Activision Blizzard workers vote to unionize
Amanda Silberling
2,022
5
23
, the quality assurance testers at Raven Software, a division of gaming giant Activision Blizzard, have voted to unionize. This marks the first union at a major gaming company in the U.S. Administered through the National Labor Relations Board (NLRB), the vote passed 19-3 and two ballots were challenged, so a total of ...
eBay launches its first collection of NFTs in partnership with web3 platform OneOf
Aisha Malik
2,022
5
23
eBay is the latest company to enter the NFT business, as the online marketplace today that it’s launching its first collection of NFTs in partnership with web3 platform OneOf. The company’s new “Genesis” NFT Collection will feature 3D and animated interpretations of the iconic athletes featured on Sports Illustrated ...
Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025
Jaclyn Trop
2,022
5
23
Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025. Part of that pot includes the $5.5 billion Hyundai has earmarked for its in Georgia announced Friday. Non-affiliated suppliers are into that project pushing the total cost...
Why in the world would chipmaker Broadcom be interested in VMware?
Ron Miller
2,022
5
23
, rumors began flying that chipmaker Broadcom was interested in acquiring VMware, the company best known for commercializing the virtual machine concept that gave birth to cloud computing. the potential deal on Sunday. VMware will not come cheap. It had a market capitalization in the neighborhood of $40 billion befor...
Take-Two completes $12.7B acquisition of mobile games giant Zynga
Aisha Malik
2,022
5
23
Take-Two has completed its $12.7 billion acquisition of mobile games giant Zynga, the company on Monday. Under the terms of the merger agreement, Zynga shareholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock. The deal, which was first in January, will bring Zyn...
Reddit partners with Netflix to give Redditors ‘Stranger Things’ custom avatars
Lauren Forristal
2,022
5
23
The social network unveiled new custom avatars inspired by Netflix’s “Stranger Things” characters ahead of the anticipated season four premiere this Friday, May 27. This is the first partnership between Reddit and Netflix, and the limited-time avatars will be available until August. Redditors can now update their ava...
TikTok to launch LIVE creator subscriptions this week
Sarah Perez
2,022
5
23
TikTok is ramping up its competition with Twitch, YouTube and others with this week’s launch of TikTok LIVE subscriptions, a new program that will allow creators to generate recurring revenue via payments from their top fans. Similar to the offerings from rival streaming sites, the new service will offer subscribers a ...
Klarna lays off 10% of its workforce
Romain Dillet
2,022
5
23
Swedish payment giant is going to cut hundreds of jobs in the coming days. Today’s news comes a few days after the Wall Street Journal that the company was going to cut its valuation in order to raise fresh capital. The company currently employs around 7,000 people. Cutting 10% of the company’s workforce means that...
Arclight deserves a medal for how it meddles with the bike pedal
Haje Jan Kamps
2,022
5
23
If I were to make a list of things that I didn’t think needed to get smarter, bike pedals would be somewhere near the top of the list. And yet, when showed me its shiny (literally!) new pedals, I had one of those “omg this makes so much sense” moments. In a nutshell, it’s simple: Stick bike lights inside pedals to he...
Latch, a proptech meets SaaS play, conducts two consecutive weeks of layoffs
Natasha Mascarenhas
2,022
5
23
, a proptech smart lock company that raised $152 million in known private capital before debuting on the stock market through a SPAC last year, is conducting another round of layoffs. Earlier this month, the startup cut 30 people, or 6% of its total staff, per an email obtained by TechCrunch. Now, as confirmed , Latch...
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Natasha Mascarenhas
2,022
5
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Kevin Rose on crypto winters, pseudonymous founders and his buzzy Moonbirds NFT project
Lucas Matney
2,022
5
15
On the this week, we spoke with Kevin Rose, a serial entrepreneur whose efforts — including most famously Digg –have been well covered in over the past couple decades. Rose is a partner at the VC firm True Ventures, but his latest project is an NFT startup called Proof Collective, which recently launched a much-hyp...
South Korea’s new pro-crypto president gets pushback
Rita Liao
2,022
5
15
One of the pledges Yoon Suk-yeol made to his voters was to implement a set of crypto-friendly policies in South Korea. Yoon, who won the presidency in March and came into office this month, said he would raise the tax threshold for crypto investment gains to 50 million won, or around $38,922. But he’s getting some resi...
Twiga starts commercial farming, looking to guarantee quality, sustain supply
Annie Njanja
2,022
5
15
, a B2B e-commerce food distribution platform, has today announced the launch of its new subsidiary, Twiga Fresh, through which it will farm and distribute its own agricultural produce to traders. Twiga said it has begun producing horticultural produce like onions, tomatoes and watermelons on its 650-hectare (1,606 acr...
Uber Eats pilots autonomous delivery with Serve Robotics, Motional
Rebecca Bellan
2,022
5
15
Uber Eats is launching two autonomous delivery pilots in Los Angeles on Monday with Serve Robotics, a robotic sidewalk delivery startup, and Motional, an autonomous vehicle technology company. The new programs are a part of a range of new products Uber is launching across its ride-hail and delivery platforms, which are...
The Interchange: Things go from bad to worse at Better.com
Mary Ann Azevedo
2,022
5
15
Ali Heron, Petal CTO Co-founder Michael Broughton / Altro Well, that’s it for this week. It felt like there was even more news than normal, which proves just how much activity continues to take place in the world of fintech. Thank you so much for reading, and see you next week!
Crypto VCs can’t just buy ‘community’
Lucas Matney
2,022
5
15
Hello everyone, and welcome back to Last week, we talked about the efforts of regulators to chase crypto crime. This week, the markets have crashed, and a new generation of crypto startups are likely about to find out that you can’t pay for loyalty. This newsletter lands in inboxes every Thursday afternoon, subscribe o...
Corporate venture investors pulled back in Q1 but less than you imagined
Alex Wilhelm
2,022
5
15
capital market didn’t reach in a year. It will also take a good amount of time to unwind from last year’s excesses. That fact is clear in new corporate venture capital (CVC) data collected by business intelligence concern CB Insights. Per the company’s , CVC activity was strong in the first quarter, albeit with som...
Curious Thing’s voice AI communication platform asks the right questions
Catherine Shu
2,022
5
15
Curious Thing founders Dr. Han Xu, Sam Zheng and David Mckeague. Curious Thing Sydney-based is an aptly named startup. The voice AI communication platform can call people and ask them questions like “How are you feeling today?” and then follow up with “How does it feel compared to yesterday?” Used primarily by healt...
Binance halts Luna and UST trading following meltdown
Manish Singh
2,022
5
12
Binance, the world’s largest cryptocurrency exchange, has halted the trading of Terraform Labs’ Terra (Luna) and TerraUSD (UST) tokens on its platform following one of the industry’s biggest meltdowns. The exchange indefinitely suspended the trading of Luna and UST tokens across all its spot, cross margins and isolated...
‘Move fast and break things’ is a bad idea for health tech startups
Rachel B. Goodman
2,022
5
12
counterintuitive, but one of the reasons some entrepreneurs are drawn to healthcare are the regulations. No industry outside of defense is as heavily scrutinized, and for good reason: When you deal with people additional caution is essential. Rules, requirements and regulatory complexity may be barriers to entry in th...
Hear from Aurora, Nvidia and Waymo about the two roads to autonomous driving at TC Sessions: Mobility
Kirsten Korosec
2,022
5
12
The road to commercializing autonomous vehicle technology for people has split into two paths. In one camp, AV developers like Argo AI, Aurora, Cruise, Motional, Waymo and Zoox are aiming straight for full autonomy — a system that can handle all driving within certain conditions and with no expectation for a human to t...
SkySpecs watches wind turbines from above, lands $80M led by Goldman Sachs
Harri Weber
2,022
5
12
As wind energy in the U.S., is using drones and AI to detect future equipment failures before they grind those giant turbine blades to a halt. The company, which works with wind farms to monitor the health of turbine blades from above, has locked down a fresh $80 million Series D round led by Goldman Sachs to expan...
Uber shareholders get closer to passing lobbying disclosure proposal
Rebecca Bellan
2,022
5
12
Uber shareholders voted against a proposal that would have required the ride-hailing company to activities and expenditures, according to a regulatory released Thursday. The measure has been proposed and rejected by shareholders before. But this year’s results show a growing number of shareholders are keen to requi...
Daily Crunch: Key Twitter executives depart following Elon Musk ownership deal
Christine Hall
2,022
5
12
It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. . is enjoying a couple of days off, and I fear you will now know who the funny one is. See you tomorrow! – / Getty Images Emotion and intuition often drive a lot o...
Congress asks Meta, TikTok, YouTube and Twitter to archive evidence of Russian war crimes
Amanda Silberling
2,022
5
12
Four U.S. representatives to the CEOs of Meta, TikTok, YouTube and Twitter urging them to archive any content uploaded to their platforms that could be used as evidence of Russian war crimes. As TikTok booms in popularity and , the rise of short-form video has offered unprecedented access to live footage from war zo...
Gusto raises an extension round, following Faire as unicorns react to a changing market
Anita Ramaswamy
2,022
5
12
, an HR technology unicorn worth nearly $10 billion, has raised an extension to its . That funding event included $175 million in primary capital, a tranche of secondary shares and a tender offer. first noted the new capital raise from Gusto based on its review of publicly available filings, which TechCrunch can con...
Scott Galloway’s edtech startup, Section4, lays off a quarter of staff
Natasha Mascarenhas
2,022
5
12
, an upskilling startup launched by prominent NYU professor , has laid off a quarter of staff sources say. The layoffs, which occurred last week, affected employees across all levels of seniority and teams, but specifically targeted a majority of the product team. The startup first splashed onto the scene in 2019 with...
Simulation meets observation in first image of the supermassive black hole at our galaxy’s center
Devin Coldewey
2,022
5
12
and general news outlets have reported today, the image of Sagittarius A*, the supermassive black hole at the center of our galaxy, is a fabulous scientific achievement. But one aspect that hasn’t gotten quite as much attention is the central role played by simulations and synthetic data in the discovery. If you haven...
Reggie Fils-Aimé talks web3, AR and his gaming SPAC
Brian Heater
2,022
5
12
, Reggie Fils-Aimé announced that he would be leaving Nintendo after 16 years — 13 of which were spent as the president and COO of the company’s North American division. It was a fruitful run, filled with more ups (Wii, Switch) than downs (Wii U) during a time of tremendous growth for the gaming industry. A lifelong se...
Crypto winter is coming
Anita Ramaswamy
2,022
5
12
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. You’ve probably gotten the memo that the markets are suffering, and crypto is getting hit especially hard. On this week’s episode, we talked through what ...
Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z and Paradigm
Lucas Matney
2,022
5
12
After his departure from Facebook in November, many crypto industry insiders speculated where long-time executive David Marcus would land. Today, the former Messenger boss and Paypal executive offered some early details on his next company Lightspark, which will be building on Bitcoin’s Lightning network. Marcus will s...
Getting high on HRI
Brian Heater
2,022
5
12
teasing how excited I am about July’s big robotics event, but it’s precisely because of panels like the one we announced earlier this week. We’ve got Rodney Brooks and Clara Vu teaming up for to discussing the changing face of human-robot interaction. It’s a big, broad and important topic, as robotics take an increa...
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Mary Ann Azevedo
2,022
5
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Tidio raises $25M to automate customer service interactions
Kyle Wiggers
2,022
5
12
During the pandemic especially, it’s become overwhelming for small- and medium-sized businesses (SMBs) to answer all of their customer service requests. A Freshworks found that companies experienced a 71% increase in overall contact volume between February 2020 and January 2021, and expect it to increase further. At ...
Terra resumes blockchain production after halting to prevent hacks amid UST crash
Jacquelyn Melinek
2,022
5
12
Terraform Labs, the company behind the Terra USD (UST) and Terra (LUNA) cryptocurrencies, briefly the Terra blockchain for two hours on Thursday following the Terra ecosystem’s meltdown this week, which caused its stablecoin, UST, to crash, taking with it the rest of the cryptocurrency market. The halt meant no new b...
Want to attend TechCrunch Disrupt for free? Find out how
Alexandra Ames
2,022
5
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Well, all you have to do is for work exchange at on May 17, 18 and 19, and not only will you get a behind-the-scenes look at how TechCrunch events run, you’ll also earn a free General Admission pass to attend , our three-day flagship conference in San Francisco this October. Whether you dream of becoming a startup...
Watch the latest TechCrunch Live here: Raising monster rounds for self-driving mobility startups
Matt Burns
2,022
5
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Yesterday’s TechCrunch Live featured the Raquel Urtasun, the CEO of Waabi, and the company’s Series A lead investor Sven Strohband from Khosla Ventures. Urtasun founded Waabi in 2021 after spending nearly three years as Uber’s R&D head of Advanced Technology Group (ATG). Waabi’s mission is to develop the an AI-first ap...
Going, going … grab one of the last 2 demo tables at TC Sessions: Climate before they’re gone
Lauren Simonds
2,022
5
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Climate-change warriors heed this call! If you want to demo your climate tech at on June 14 at UC Berkeley, time is running out. We have only two — count ‘em two — Startup Demo Packages left, and your last day to purchase one is May 14. — while you still can — before May 14. Let’s talk about value-add. The $525 pa...
Amazon’s ‘Alexa Together’ elder care subscription service for families now supports up to 10 caregivers
Aisha Malik
2,022
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Amazon is two new features for its elder care subscription service. The subscription expands on Amazon’s existing product Alexa Care Hub and includes an emergency helpline, fall detection response features, a remote assist option that allows family members to manage settings on the elderly person’s device and an ac...
Daily Crunch: Better.com CEO Vishal Garg says he’s on the hook for $750M SoftBank loan
Christine Hall
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It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest Terraform Labs news — — and some . And make sure to secure your “seat” for our June 1 . See you Monday! – Dutch As CEO and founder of virtual veterinarian care ...
Twitter is testing a new ‘Liked by Author’ label for tweets
Aisha Malik
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Twitter is testing a new “Liked by Author” label that appears when the creator of a tweet likes your reply. A reporter on the TechCrunch team spotted the new label in the Twitter Android app. A spokesperson from Twitter confirmed to TechCrunch that the company has been testing different labels to help give people conte...
48 hours left to save $200 on TC Sessions: Mobility
Alexandra Ames
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Attention mobility startups, professionals, investors and enthusiasts! You have just 48 hours remaining to save $200 on , our first in-person mobility event since 2019. The event takes place on May 18-19 in San Mateo, California with online analyst commentary on May 20. It’s the must-see mobility event of the year, an...
Twitter CEO Parag Agrawal says he fired key execs due to ‘challenging’ economy
Taylor Hatmaker
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Twitter’s new CEO Parag Agrawal has largely remained silent through the , even as its likely future owner Elon Musk continues to very much do the opposite. But Agrawal finally broke his silence following an especially tumultuous week at the company, which saw him Twitter’s head of product Keyvon Beykpour and Bruce F...
DOJ warns that misuse of algorithmic hiring tools could violate accessibility laws
Devin Coldewey
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AI tools for the hiring process have become a hot category, but the Department of Justice warns that could lead to violations of U.S. laws protecting equal access for people with disabilities. If your company uses algorithmic sorting, facial tracking or other high-tech methods for sorting and rating applicants, you m...
To win insurtech 2.0, focus on underwriting before growth
Jamie Hale
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markets poised for change, the insurance industry has already seen its first wave of innovation. Similar in many ways to the initial novelty of opening a bank account online, insurtech 1.0 brought a centuries-old product into the digital era by giving customers a way to apply for insurance online. Customer excitement ...
Postmates founder banks $23 million for his new crypto startup TipTop
Lucas Matney
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Postmates founder Bastian Lehmann’s new crypto startup was lightly teased out a few weeks ago, but now the stealth startup is sharing some info on its early funding, though there’s not much info on what they’re actually doing with that money. Lehmann notes that the company has raised a $23 million Series A from a16z ...
Apple said to be testing a switch to USB-C for future iPhones
Darrell Etherington
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It’s neither surprising, nor necessarily new scuttlebutt, but one of the most reliable Apple news scoopers of all time has chimed in to say that Apple is indeed at least serious enough about a potential switch from Lightning to USB-C on future iPhones that it’s doing testing with models equipped with the latter connect...
TechCrunch+ roundup: Find your valuation, international visas, hiring for growth
Walter Thompson
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The ongoing market correction and the cratering of several leading crypto tokens are erasing wealth so quickly, you can almost hear it. Companies in other industries are on a hiring spree, but startups like Robinhood, Better.com and Peloton are laying off thousands as FAANG companies slow down their recruiting and look...
Flume lights up dark fiber to bring fast internet to more people
Haje Jan Kamps
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It’s the darnest thing — in major cities, around 30% of homes have a fiber cable running past the house due to a local cell site or enterprise customer, but a bunch of humans are still on dial-up speeds. is tapping into the under-used fiber capacity in order to make high-speed internet available to more people — incl...
Investors reward battery startup SES for losing money (but not too much)
Tim De Chant
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startup SES’ investors are quite happy with its first earnings report. The company went public in February via a SPAC merger, and to no one’s surprise, reported a loss. And its investors don’t seem to mind. The company posted an operating loss of $19.2 million in the first quarter quarter. General and administrative c...
Hulu partners with Xbox to bring PC Gamers free games in a bundle deal
Lauren Forristal
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and have announced a partnership deal that gives existing U.S. Hulu subscribers three free months of PC Game Pass as part of the Hulu “Friends with Benefits” initiative. The move to target gamers follows Netflix’s entry into the gaming market, where the streamer has made a number of ad-free mobile games a part of it...
Better.com CEO Vishal Garg says he is ‘personally liable’ for $750M SoftBank investment
Mary Ann Azevedo
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Better.com CEO Vishal Garg has acknowledged to employees that he “personally guaranteed”  $750 million in post-closing convertible notes that would be provided to the online mortgage lender should it still go public under the original SPAC agreement, according to an email seen by TechCrunch. Let’s start at the beginnin...
Inflection AI, led by LinkedIn and DeepMind co-founders, raises $225M to transform computer-human interactions
Kyle Wiggers
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, the machine learning startup headed by LinkedIn co-founder Reid Hoffman and founding DeepMind member Mustafa Suleyman, has secured $225 million in equity financing, to a filing with the U.S. Securities and Exchange Commission. The source of the capital isn’t yet clear — Inflection didn’t immediately respond to a re...
Peloton is releasing a rowing machine
Brian Heater
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Peloton punctuated a with a bright spot, teasing the next major addition to its home exercise offerings. In a blink-and-you’ll-miss-it moment, the connected fitness brand confirmed the forthcoming release of a home rowing machine. Beyond the quick glimpse and a “coming soon” graphic, that’s apparently all we’re getti...
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As FTX’s CEO eyes Robinhood, will we see crypto exchanges move into equities trading?
Alex Wilhelm
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parties harder than I do, I spent a portion of my week reading through Coinbase’s investor call after its earnings report. The U.S. crypto exchange pulls in some questions from non-analysts during its chats, which makes for a slightly more entertaining set of prompts and responses. You can read it all . I bring it up...
PSA: Owl City remixed Smash Mouth’s ‘All Star’
Amanda Silberling
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My Chemical Romance yesterday released their . Kendrick Lamar just dropped . But did you know that this morning, Owl City Smash Mouth’s seminal hit “All Star”? You might be wondering why we are covering this on TechCrunch, which is not a music website. My editor is probably wondering the same thing. But here are th...
Zoom dives deeper into intelligent customer service with Solvvy acquisition
Ron Miller
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Zoom swung for the fences last summer when its stock value was soaring, to get into customer service. Eventually when , but Zoom’s desire to get into customer service one way or the other didn’t diminish. Earlier this year, the company announced , which would take advantage of existing Zoom capabilities. As the c...
This week in TechCrunch podcasts: Chain Reaction, Found, Equity and The TechCrunch Live Podcast
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than just a site with words. We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. To help you find the right show for your interests, we’ve compiled our audio output from the week. Embedded below is the latest from , our new and stell...