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Google says surveillance vendor targeted Samsung phones with zero-days
Zack Whittaker
2,022
11
10
Google says it has evidence that a commercial surveillance vendor was exploiting three zero-day security vulnerabilities found in newer Samsung smartphones. The vulnerabilities, discovered in Samsung’s custom-built software, were used together as part of an exploit chain to target Samsung phones running Android. The ch...
We may all be #RatVerified forever
Amanda Silberling
2,022
11
10
I rarely update my Twitter display name, except maybe when I am on vacation and want to warn people that if you email me, I will either not see it or I will become very annoyed that you emailed me about NFTs. But I was convinced to add a little emoji to my name by Alex Cohen, an internet funny guy whom I’ve crossed pat...
Crypto’s crown prince stumbles
Anita Ramaswamy
2,022
11
10
Once we ran through the background behind the situation that’s been unfolding in real time this week, we shared our thoughts on the massive implications this fiasco might have for the rest of the crypto industry, from This list was compiled with information from Messari as well as TechCrunch’s own reporting. Who bet...
Even Healthcare lands additional capital to advance primary care adoption in India
Andrew Mendez
2,022
11
10
, an Indian “healthcare membership” company, landed new financial support in the form of $15 million to further drive its mission of providing affordable care to communities across India. Even isn’t insurance, but allows members to access primary and preventative care at any of over 100 partnered hospitals. Typically, ...
Dispatches from the conference room
Brian Heater
2,022
11
10
New England morning. I’m finally here on my long threatened trip to Boston. I was planning to be here in early July ahead of our robotics event, but SARS-CoV-2 and its many variants had different ideas. I narrowly avoided another reschedule on my third time around with COVID, but now I’m in that brief (and ever narrow...
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Brian Heater
2,022
11
17
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Who’ll get the last laugh over Musk toying with Twitter’s veracity?
Natasha Lomas
2,022
11
10
Twitter’s painstakingly layered infosphere looks to be light-speeding back to chaotic noise under new owner Elon Musk. The billionaire is no fan of meritocratic signals nor, it seems, a friend to genuine information — preferring anyone pay him $8/m to have their account on his microblogging social network badged with a...
Pitch Deck Teardown: Syneroid’s $500K seed deck
Haje Jan Kamps
2,022
11
10
a $500,000 round of funding to bring to market. The company is finding some interesting slices of the market, but the deck, overall, leaves a few things to be desired. We learn more from mistakes than from perfection, so I figured it’d be a great one to dive into for this week’s pitch deck teardown! Throughout this ...
Galaxy and Gradient VCs will judge the TC Sessions: Crypto Pitch-off
Lauren Simonds
2,022
11
10
Google Play to pilot third-party billing in new markets, including US; Bumble joins Spotify as early tester
Sarah Perez
2,022
11
10
Google today it’s expanding its user choice billing pilot, which allows Android app developers to use other payment systems besides Google’s own. The program will now become available to new markets, including the U.S., Brazil and South Africa, and Bumble will now join Spotify as one of the pilot testers. Google addi...
OpenAI leads $23.5M round in Mem, an AI-powered note-taking app
Kyle Wiggers
2,022
11
10
Last year, OpenAI announced the , a tranche through which it and its partners, including Microsoft, are investing in early-stage AI companies tackling major problems. Mum’s been the word since on which companies have received infusions from the Fund. But today, the OpenAI Startup Fund revealed that it led a $23.5 mill...
Amazon previews its new delivery drone, the MK30
Brian Heater
2,022
11
10
Following this morning’s , Amazon just unveiled MK30, the latest iteration of its delivery drone. The system is the successor to the MK27-2, which is set to debut limited deliveries to residents in . The MK30, which is set for a 2024 debut, is both smaller and lighter than the earlier version and able to withstand ha...
Police arrest suspected LockBit operator as the ransomware gang spills new data
Carly Page
2,022
11
10
A dual Russian and Canadian national linked to has been arrested over his alleged involvement in attacks targeting critical infrastructure and large industrial groups worldwide. Mikhail Vasiliev, 33, was arrested in Ontario, Canada on October 26 following an investigation led by the French National Gendarmerie with t...
Now anyone can hail a Waymo robotaxi in downtown Phoenix
Rebecca Bellan
2,022
11
10
Waymo has opened up its fully driverless ride-hail service in downtown Phoenix to members of the general public. Previously, the company had only been with no safety driver behind the wheel for participants in its “trusted tester” program. The expansion in Phoenix is yet another sign of Waymo’s accelerated push toward...
Meet Pineapple, the platform aiming to reshape professional networking for Gen Z
Aisha Malik
2,022
11
10
, an app that’s aiming to reshape professional networking for Gen Z, is to the public today. The idea behind Pineapple is to give young professionals a way to network with others through a visual story profile that’s kind of like a digital portfolio. For now, the platform is only . The professional network is the bra...
OK, I take back what I said about tech layoffs
Natasha Mascarenhas
2,022
11
19
Well, that didn’t take long. In late October, I wrote about highlighting that 70% of layoffs that happened this year were conducted over the summer. In fact, using layoffs.fyi data, I claimed that the fall was shaping up to be far less gruesome in terms of net new events and people impacted. Then, things got worse. S...
Elon Musk ends Trump’s Twitter ban
Amanda Silberling
2,022
11
19
Former President Donald Trump’s Twitter account has been reinstated following a in January 2021. On Friday, new Twitter owner Elon Musk posted a poll asking if Trump should be allowed back on the platform. Just over 15 million people voted, with 51.8% voting in favor of reinstating Trump on Twitter. As of July 2022, ...
Okta CEO opens up about Auth0 acquisition, SaaS slump and Lapsus$ attack
Ron Miller
2,022
11
10
identity product back in 2009 when most people were locked into Microsoft Active Directory, an on-prem incumbent so entrenched that nobody believed that anyone could touch it. It took a little audacity to go after a giant like that, but Okta took a cloud-first approach, a markedly different strategy from Active Direct...
Gopuff launches scheduled deliveries, gifting and in-store pickup
Kyle Wiggers
2,022
11
19
Rapid grocery deliver startups like , and , once heralded as the next big thing in on-demand ordering, are running up against logistical challenges that might very well be insurmountable. Even faced with competition and sky-high operating costs, though, they’re taking what steps they can to stick around. Case in po...
Amazon layoffs begin, Ticketmaster can’t handle Taylor Swift, and much of Twitter HQ quits
Greg Kumparak
2,022
11
19
Hello again! Time for another edition of , the newsletter where we recap the week’s most read TechCrunch stories in one quick and easy-to-skim blast. Get it in your inbox every Saturday AM by . If you read last week’s edition, you’ll notice some echoes here: more layoffs, more FTX drama, and more absurdity at Elon’s ...
You shouldn’t skim over gross dollar retention
Anna Heim
2,022
11
19
TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. “Gross retention really speaks to the true stickiness and health of your customer base. It’s what protects you during really challenging times,” growth stage VC said in a at TechCrunch Disrupt in 2021. An...
This Week in Apps: Apple-Epic antitrust battle resumes, Apple sued over tracking, Google’s new rules for kids’ apps
Sarah Perez
2,022
11
19
Welcome back to This Week in Apps, that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by the pandemic has slowed down. But overall, the app economy ...
Efficient growth? No problem, bootstrapped startups say
Anna Heim
2,022
11
26
TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. In 2021, and I wondered out loud if startups eschewing venture capital . The answer this year seems to be yes. Indeed, Capchase’s recent contains an interesting finding: In 2022, bootstrapped SaaS compan...
A love letter to micro funds, the backbone and future of venture capital
Rebecca Szkutak
2,022
11
19
and the Andreessen Horowitzes of the world continue to swell in size, their influence on venture capital may be heading in the opposite direction as micro funds increase their impact on the industry. Whether you define micro funds as below $50 million or sub-$25 million, these are truly the funds that power the future...
Paytm falls to all-time low amid competition risk from Reliance
Manish Singh
2,022
11
21
Shares of Paytm ended Tuesday at an all-time low of 477 Indian rupees ($5.8), a week after the lockup period for early backers of the Indian financial services firm ended last week and mounting concerns of growing competition. The lockup period for the company’s earlier backers expired on November 15, freeing significa...
Spain’s Cobee raises $41M for an employee benefits ‘superapp’
Ingrid Lunden
2,022
11
21
Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis. Now a startup called — which has built a platform and an app to make organizing...
Hacker George Hotz, long a frenemy of Elon Musk, signs on for 12 weeks at Twitter
Connie Loizos
2,022
11
21
A lot has been made of Twitter’s shrinking workforce, which is reportedly at people, down from the 7,500 employed by the company when new owner Elon Musk took control. While we posited that the newest wave of departures was part of Musk’s to shrink down the company, many worry about the haphazard ways it has been d...
Daily Crunch: Finnish tech conference yanks $1M pitch contest prize from Russian co-founders
Christine Hall
2,022
11
21
What’s up, Crunchers! Haje is back from his away-ness, and we are chomping at the bit to bring you a wall of amazing stories from our dastardly team of TC wordcraftspeople. Let’s goooooo! — and Actor Noah Schnapp, who plays Will on Netflix’s hit original series “Stranger Things,” is passionate about tbh, , reports ...
Faraday Future warns it may not be able to deliver its luxury EV
Rebecca Bellan
2,022
11
21
Electric vehicle Faraday Future has raised a going concern warning, per regulatory . The company said it has substantial doubt as to whether it would be able to continue operating over the next year, adding that it is uncertain when it will dispatch first deliveries of its FF 91 luxury EVs. This isn’t the first time...
Max Q: We are going
Aria Alamalhodaei
2,022
11
21
Hello and welcome back to Max Q. Before we get to the news, I have a pretty exciting announcement myself: about the event and get your free ticket by . In this issue: It finally happened. After years of preparation and two false starts, NASA’s heavy-lift Space Launch System has finally taken off and entered orbit. I...
Elon Musk puts Twitter’s Blue Verified relaunch on hold
Amanda Silberling
2,022
11
21
If you didn’t jump at the chance to give Elon Musk $7.99 for a blue check while you could, you might have to wait a bit longer. Originally slated to , Musk that the product will be put on hold until “there is high confidence of stopping impersonation.” The initial roll out of Twitter Blue Verified (or, the “I-paid-E...
Tumblr to add support for ActivityPub, the social protocol powering Mastodon and other apps
Sarah Perez
2,022
11
21
Tumblr will add support for , the open, decentralized social networking that today is powering social networking software like , the Instagram-like Pixelfed, video streaming service PeerTube, and others. The news was revealed in response to a Twitter user’s complaint about Mastodon’s complexities. Automattic CEO Ma...
Crypto firm Genesis says it has ‘no plans to file bankruptcy imminently’
Jacquelyn Melinek
2,022
11
21
Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t, according to a by Bloomberg. “We have no plans to file bankruptcy imminently,” a Genesis spokesperson said in an emailed statement to TechCrunch on...
FTX processed billions monthly in Africa before going bust
Tage Kene-Okafor
2,022
11
21
, one of the startups leading crypto and web3 efforts in Africa, announced that it was . At least 30 employees across various departments were let go, while those who were left at the company had their salaries slashed by as much as 40%, according to people familiar with the matter. The news is, in part, connected to ...
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Mike Butcher
2,022
11
10
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Private investors appear key to COP27’s ‘loss and damage’ fund for vulnerable countries
Tim De Chant
2,022
11
21
, the world’s nations wrapped a meeting where they tried to figure out how to deal with climate change. It was the 27 time they’ve done it in as many years. Think about that. We’ve been at this for nearly three decades, and we’re still . COP27, as the meeting is known, didn’t start auspiciously — though to be honest,...
Quit Twitter better with these free tools that make archiving a breeze
Kyle Wiggers
2,022
11
21
It’s never a bad time to back up your data. But for Twitter users, it’s arguably more urgent than usual, what with the platform’s recent … unpredictability. Mass firings and resignations, whiplash policy changes and crippled infrastructure don’t instill a ton of confidence that Twitter will remain stable well into the ...
Twitter alternative Hive hits 1 million users after surge of sign-ups
Sarah Perez
2,022
11
21
In the wake of Elon Musk’s takeover of Twitter, to other social apps like and niche communities like CounterSocial. Now, another social app called is in sign-ups in response to the upheaval at Twitter. The app today finds itself in the top 20 on the U.S. App Store after seeing a surge of new interest over the w...
Space startup Stells wants to put spacecraft-charging covers on the moon
Stefanie Waldek
2,022
11
21
The portable power bank first came on the scene in 2001, and since then, on-the-go charging has been a possibility for most mobile device users. Now, a new space company — not for cell phones, of course, but for rovers and landers. Toronto-based Stells, founded by CEO Alex Kapralov and CTO Vital Ioussoupov in 2021, i...
Holmes’ sentencing sends a clear message that the startup ecosystem must be built on good faith
Ron Miller
2,022
11
21
the supposition that the venture-founder compact is built almost entirely on trust, especially early on. Sure, due diligence matters in the investment process, but lying about your capabilities can undercut the founder-investor relationship — and in extreme cases, to the detriment of the larger, global startup market....
Everything that stood out to us at the 2022 LA Auto Show
Kirsten Korosec
2,022
11
21
The 2022 Los Angeles Auto Show is in the rearview mirror, leaving us with one final task: sharing a roundup of the weird and wonderful, the awkward and eye-popping vehicle unveilings and new announcements that made this year’s show. The auto show didn’t quite capture the energy of those heady pre-COVID pandemic days, a...
Series C is the new venture-startup bottleneck
Alex Wilhelm
2,022
11
21
building a startup today, it’s likely harder for you to raise money than it was a year ago. New data makes it clear, however, that not every startup stage is feeling the same headwinds. A lack of uniformity in the startup fundraising climate is not novel. We have seen, variously, a , and a . Today, however, we’re se...
Musk’s impact on content moderation at Twitter faces early test in Germany
Natasha Lomas
2,022
11
21
A German law requiring social media platforms to promptly respond to reports of hate speech — and in some cases remove illegal speech within 24 hours of it being brought to their attention — looks like it will provide an early test for whether Elon Musk-owned Twitter will face meaningful legal consequences over how rec...
NASA’s Thomas Zurbuchen tackles cosmic questions at TC Sessions: Space
Lauren Simonds
2,022
11
21
If you follow NASA’s many interplanetary and orbital missions, you’re no doubt familiar with Thomas Zurbuchen, the agency’s associate administrator of science. He also oversees NASA’s science program with a total budget approaching $7 billion a year. That’s a mighty big number, but there’s an even bigger reason why we’...
Former Snap Kitchen CEO whips up Prado for better access to fresh food
Christine Hall
2,022
11
21
Meal delivery continues to be popular, but most of us use it to get perhaps not the best-for-us food delivered. This is what Austin-based wants to change. CEO Jon Carter, the former CEO of healthy meal delivery service Snap Kitchen, started the company in 2020 to provide a customizable e-commerce platform for local m...
Amazon quietly opens its logistics network to third-party merchants in India
Manish Singh
2,022
11
7
Amazon is quietly beginning to offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India, tapping its large delivery chain to drive revenue in the key overseas market as the e-commerce group attempts to replicate a model it has been testing i...
Musk’s $56 billion Tesla pay deal goes to trial amid Twitter overhaul
Rebecca Bellan
2,022
11
7
As if Elon Musk didn’t have enough on his plate, the world’s richest man is headed to court next week to defend his $56 billion Tesla pay package. Richard Tornetta, a Tesla shareholder who filed suit in 2019 to rescind Musk’s 2018 pay deal, claims the package — “the largest compensation grant in human history” — is unj...
Nvidia touts a slower chip for China to avoid US ban
Rita Liao
2,022
11
7
Two months after the U.S. China’s access to two of Nvidia’s high-end microchips, the American semiconductor design giant unveiled a substitute with a reduced processing speed for its second-largest market. The Nvidia A800 graphic processing unit is “another alternative product to the Nvidia A100 GPU for customers in ...
Outgoing YC President Geoff Ralston: The market is changing; YC’s terms are not
Connie Loizos
2,022
11
7
Last week at Web Summit, we were asked to interview outgoing Y Combinator President Geoff Ralston about the past, present and future of the popular accelerator program. We covered a lot of ground during our 20-minute chat, including why Ralston — long a partner at YC —  decided to leave after assuming the role of presi...
Former Tink employees launch Atlar, a payment automation startup
Romain Dillet
2,022
11
7
Stockholm-based startup raised a $5 million (€5 million) seed round led by Index Ventures. The company has been working on an application programming interface (API) that facilitates bank-to-bank payments for European businesses. In addtion to Index Ventures, La Famiglia VC, Cocoa and various business angels also par...
Lyft takes $135.7 million hit on Argo AI shutdown
Rebecca Bellan
2,022
11
7
Ride-hailing company Lyft lost $135.7 million in the third quarter due to the of autonomous vehicle company Argo AI, in which Lyft had a small stake. Late last month, Argo AI closed its doors as its main backers, Ford and Volkswagen, pulled their investments in order to like advanced driver assistance systems in pa...
Foxconn invests another $170M into EV SPAC Lordstown Motors
Kirsten Korosec
2,022
11
7
Taiwanese manufacturer Foxconn is increasing its investment in EV startup Lordstown Motors by buying $170 million in common stock and newly created preferred shares. Once the deal is complete, Foxconn will hold all of Lordstown’s outstanding preferred stock and 18.3% of its common stock on a pro forma basis. Foxconn wi...
Harmonic helps investors query the startup searches of their wildest dreams
Natasha Mascarenhas
2,022
11
7
Siri, show me fintech companies, founded in the last two years, that haven’t raised over the past year but have grown headcount by 100% in the same time frame; and can it be founded by Stanford alumni whose Twitter traction has grown by at least 50% in the last six months? This is Harmonic’s vision; well, only if you s...
Daily Crunch: Say ‘fromage’! French startup PhotoRoom captures $19M Series A
Christine Hall
2,022
11
7
Hello, dear crunchers! We hope you’ve had a peaceful weekend and that you were able to stay clear of social media for a few days. LOL Who are we kidding? We’ve all been glued to the slow-moving, painful, Elon-catalyzed bird crash over at Twitter. Now, if only Mastodon would call its posts something other than “toots,” ...
Elon Musk’s Twitter faces US midterm elections, his first high-stakes test
Taylor Hatmaker
2,022
11
7
braces for midterm elections, the first major voting cycle since the violence on January 6, Elon Musk’s adds more uncertainty to an already tense time. While other major platforms for dealing with viral misinformation, coordinated attacks and misleading claims about election results, Twitter’s new owner just slashe...
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Sylvain Le Borgne
2,022
11
21
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Max Q: Ocean splashdown
Aria Alamalhodaei
2,022
11
7
Hello and welcome back to Max Q. TC’s in-person Space event is almost upon us. Will you be there? In this issue: Rocket Lab’s second attempt to catch a rocket booster mid-air using a helicopter was aborted, though it’s unclear at the time of writing what exactly went wrong. Rocket Lab aims to recover its rocket boost...
Last day to save with early-bird passes to TC Sessions: Crypto
Lauren Simonds
2,022
11
7
We’re less than two weeks away from kicking off in Magic City on November 17. Yep, that’s Miami’s official nickname. Who knew? But listen up, crypto fans, because the bit of magic we call our early-bird special is about to perform a disappearing act in less than 24 hours – 11:59pm PST on November 7 to be exact. Don’t...
Truveta’s big data healthcare project is pretty cool
Alex Wilhelm
2,022
11
7
A few weeks back, TechCrunch caught up with and others from the Truveta team to chat through an important product update from the company. This publication has , curious about its objectives as a business that has a strong public-health component, and because Myerson was a longtime Microsoft denizen that we were fam...
Perceptron: AI that sees with sound, learns to walk and predicts seismic physics
Kyle Wiggers
2,022
11
7
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 ...
Dear Sophie: How can I stay in the US if I’ve been laid off?
Sophie Alcorn
2,022
11
7
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...
Here’s the rundown on the Binance and FTX fiasco
Jacquelyn Melinek
2,022
11
7
exchange by volume (Binance) and the third-largest crypto exchange by volume (FTX) faced off in recent days after Binance CEO Changpeng “CZ” Zhao that his exchange would slowly withdraw billions of its holdings in FTX’s native token, FTT, “due to recent revelations that have came to light.” But first, let’s take a f...
GIPHY comes to connected TVs with launch of a GIPHY Arts app for Roku
Lauren Forristal
2,022
11
7
GIPHY Arts, the Giphy division dedicated to GIF art and artists, a free exclusive today that allows users in select regions to view GIPHY Clips — 30-second original short clips with audio — with their Roku devices. The new “Public Axis” channel is Giphy’s first app for connected TVs and brings short-form video cont...
Signal is the latest app to roll out a Stories feature
Aisha Malik
2,022
11
7
End-to-end encrypted messaging app Signal is rolling out a new Stories feature to all users on Android and iOS, the company on Monday. The official launch comes a few weeks after the company the feature with select users. Signal plans to release its Stories feature on desktop soon. As with other platforms’ Stories f...
YouTube begins rolling out Shorts on TV globally starting today
Sarah Perez
2,022
11
7
YouTube is expanding the reach of its TikTok competitor, YouTube Shorts, with today’s that it will begin rolling out Shorts on TV to its global users. The company’s updated smart TV app will now allow users to view the popular vertical videos in an optimized experience that’s designed to feel more consistent with wha...
Travel app Hopper raises $96M from Capital One to double down on social commerce
Kyle Wiggers
2,022
11
7
Evidently, the downturn hasn’t soured investors on the travel industry. Travel booking startup today that it closed a $96 million follow-on investment from Capital One, bringing the company’s total raised to $740 million. The fresh cash will be put toward several efforts, CEO and co-founder Frederic Lalonde said in...
Sequoia Capital marks its FTX investment down to zero dollars
Connie Loizos
2,022
11
9
just marked down to zero the value of its stake in the cryptocurrency exchange FTX — a stake that accounted for a minor percentage of Sequoia’s capital but as of last week likely represented among the most sizable unrealized gains in the venture firm’s 50-year history. It alerted its limited partners in a letter that...
Airly fights air pollution with a network of affordable sensors
Catherine Shu
2,022
11
9
Clean-tech startup wants to help communities around the world improve air quality with affordable sensors and software that provides actionable insights. Based in London and Krakow, the startup announced today it has raised $5.5 million. The round was led by firstminute capital and Pi Labs, with participation from re...
Waymo can now charge for fully driverless services in San Francisco
Rebecca Bellan
2,022
11
9
The California Department of Motor Vehicles approved an amendment to Waymo’s existing deployment permit Wednesday to include driverless, as well as drivered, operations. Now, Waymo will be able to charge for usage of its autonomous vehicles, which will operate without anyone in the driver’s seat, for services like food...
I guess you can (officially) use your fancy Canon camera as a webcam studio now
Haje Jan Kamps
2,022
11
9
When the pandemic slammed into our shores a couple of years ago, many of us were shoo-ed inside, doomed to endless Zoom meetings. At the time, Canon released a beta of its , and then seemed to pretty much forget about it. Until today. In a “geez, Canon, this would have been helpful two years ago” kind of move, the com...
Lyft-backed plan to fund electric cars flops in California
Harri Weber
2,022
11
9
Prop. 30’s primary backer was Lyft, which paid more than The measure’s opponents — which included Democratic Governor Gavin Newsom and venture capitalists Michael Moritz and Ron Conway — cast Prop. 30 as a “Lyft grift,” a “scheme to further line the pockets of Silicon Valley tech billionaires.” Yet, Prop. 30 did not ...
Apple limits AirDrop ‘Everyone’ option to 10 minutes in China
Rita Liao
2,022
11
9
A change in the iOS 16.1.1 update for Chinese users is turning some heads. Apple is restricting the “Everyone” option in AirDrop to 10 minutes on iPhones purchased in mainland China, according to . Apple says it is improving the AirDrop experience by automatically reverting the receiving setting back to “Contacts Only...
Canoo to buy vehicle manufacturing facility in Oklahoma City
Rebecca Bellan
2,022
11
9
Commercial electric vehicle company Canoo entered into an agreement to acquire a vehicle manufacturing facility in Oklahoma City, the company announced Wednesday along with its third-quarter earnings. The news comes a week after Canoo said it would build an in Pryor, Oklahoma. The new facility will be dedicated to pr...
Rivian upholds 2022 production targets as net loss widens
Jaclyn Trop
2,022
11
9
Electric vehicle maker Rivian affirmed Wednesday that the company is on track to hit its annual production target of 25,000 vehicles despite unpredictable supply chain crunches and component shortages. The startup-turned-public company remained committed to its production goal even as industry-wide challenges, supply c...
Some crypto VCs see decentralization as the future following FTX collapse
Jacquelyn Melinek
2,022
11
9
market digests the of , venture capitalists see the moment as a warning, but also as an opportunity for the growth of decentralization and maturation of the larger blockchain space. “As venture investors, we take a long-term view on the industry; despite the current market turmoil. We are actively assessing and inv...
Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000
Christine Hall
2,022
11
9
Whooo-weee interesting times for crypto land, as Bitcoin crashes down to under $17,000 for the first time in a while. Wild, given that the cryptocurrency was trading at $65,000 or so a year ago. That’s a 74% decrease. What kind of winter is this — are we seeing a crypto cold snap or crypto permafrost? Answers on an imm...
Binance backs out of deal to buy FTX
Jacquelyn Melinek
2,022
11
9
The world’s largest crypto exchange by volume, Binance, said it would walk away from a deal with the third largest crypto exchange by volume, FTX. On Tuesday, Binance signed a letter of intent to purchase its troubled competitor, FTX, in what appeared to be a potential bailout of the latter amid a liquidity crunch. But...
Fake Twitter accounts flock to blue check mark chaos
Taylor Hatmaker
2,022
11
9
Elon Musk’s and are already creating fertile ground for confusion on Twitter. We’ve lost count of how many times Musk has changed his mind or offered contradictory claims about what a new paid $8 verification badge would do, but after pushing the feature live, fake accounts are seizing on the chaos. Twitter’s bought...
Google and Twitter veteran maps out a Twitter alternative
Ingrid Lunden
2,022
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Twitter’s new CEO and owner Elon Musk is rattling the cage at his social network and ruffling a lot of feathers both inside and outside of the company. But while some in the tech world describe that kind of chaos as a garbage fire, others see it as something very different: an opportunity. Years-old social networks, ...
Gaming company Kabam lays off 7% of its workforce to better align with goals
Jagmeet Singh
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, the gaming company that has developed mobile games in partnership with entertainment brands including Disney, Marvel and Universal, has laid off about 7% — around 35 people — of its workforce, TechCrunch has learned from sources and confirmed with the company over email. The Vancouver-based company informed the affec...
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Ron Miller
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Power up with our partners at TC Sessions: Crypto
Lauren Simonds
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We’re packing our bags and getting pumped about flying to Miami for on November 17.  What about you? Don’t miss your chance to rub elbows with the kings and queens of blockchain, cryptocurrency, DeFi, NFT and web3 — the current rulers and the up-and-coming contenders for the crown. and join the royal courtiers of th...
Elon Musk addresses Twitter advertisers in a meandering Q&A
Amanda Silberling
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New Twitter owner Elon Musk joined a Twitter Space today to address concerns from advertisers about changes at the company. The Tesla and SpaceX CEO’s nascent foray into running a social media platform has been tumultuous, from launching , to , to laying off . Twitter’s Client Solutions Leader Robin Wheeler moderated...
The bottom keeps dropping for software valuations
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52-week low. It seems that instead of finding fresh support, the value of software companies keeps discovering new basement levels to descend into. This afternoon, software stocks were off 3% or so, while the broader Nasdaq composite was down around 2% in mid-afternoon trading. The dramatic collapse in the value of so...
Elon Musk details his vision for a Twitter payments system
Sarah Perez
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Elon Musk detailed his vision for Twitter’s plan to enter the payments market during with Twitter advertisers, hosted on Twitter Spaces on Wednesday. The new Twitter owner suggested that, in the future, users would be able to send money to others on the platform, extract their funds to authenticated bank accounts and...
Say hello to the newest crypto startups from web3 accelerator Alliance DAO’s demo day
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New crypto startups forged ahead during Alliance DAO’s demo day on Wednesday amid the . “This is actually worse than the 2018 bear market,” Qiao Wang, a core contributor at Alliance DAO, said, referring to the tentative plans for Binance to absorb competitor FTX. “Today, everyone was caught off guard, myself included ...
Tesla vehicles will soon have Zoom video conferencing
Kirsten Korosec
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Zoom is working with Tesla to bring video conferencing into its vehicles. The announcement, made at the 2022 Zoomtopia conference, was light on details. But according to Zoom’s group product manager Nitasha Walia, the video conferencing feature “will come standard on all new Tesla models soon.”   ...
Plant-based food brand Huel valued at $560M following Idris Elba-backed round
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, the European provider of nutritional products, has sold more than 270 million meals across the globe since Julian Hearn started the company in 2015. Now with $24 million in fresh capital, it plans to do even more. It’s been a while since we covered Huel, which originally launched in the United Kingdom in 2017 with a ...
Indian agritech DeHaat tops $700 million valuation in $60 million funding
Manish Singh
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DeHaat, a startup that , has raised $60 million in a new funding round as it looks to deepen its penetration in the country and reach break-even profitability within two years. Sofina Ventures and Temasek co-led the Patna and Gurgaon-headquartered startup’s Series E funding, it said, at a valuation between $700 millio...
SBF claims massive ignorance on obvious conflicts in FTX downfall
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try to commit fraud on anyone, I was shocked by what happened this month,” Sam Bankman-Fried (SBF), the founder and former chief executive of the fallen FTX, said at The in an interview with Andrew Ross Sorkin. One of the biggest questions around this debacle is if there was any misuse of funds between Alameda and F...
Twitter is going to show you more tweets from people you don’t follow
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As new Twitter owner Elon Musk with the social network’s feature set, more algorithmic recommendations are apparently on the way. Twitter’s support account tweeted about the change on Wednesday, noting that the platform was “expanding recommendations to all users.” This is of course under the guise of giving users th...
LastPass says it was breached — again
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Password manager LastPass said it’s investigating a security incident after its systems were compromised for the second time this year. LastPass chief executive Karim Toubba said that an “unauthorized party” recently gained access to some customers’ information stored in a third-party cloud service shared by LastPass...
SBF says journalists are good, actually
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“I’ve had a bad month,” Sam Bankman-Fried (SBF) said onstage. The crowd instantly broke out in laughter. The former CEO and founder of disgraced crypto exchange FTX, SBF’s month probably got worse today. In his first public interview since his company imploded, But maybe SBF is being so open with the press because he ...
Daily Crunch: Music fans revisit their year in music with Spotify Wrapped 2022
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Heeeeeey! Couple of fun things we have in the pipeline at the moment… If you’re wondering what our Spotify Wrapped listening personalities are, you are in luck. See below. Happy end of November — onward to the last month of the year! — and Today, crypto exchange Kraken announced it’s . The announcement came from a ...
Stability AI doubles down on AWS
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Microsoft may have long had OpenAI as its trusty partner (after its ), but AWS today announced that , one of the hottest new upstarts in the generative AI space and the company behind , is doubling down on its cloud, making it its “preferred cloud provider to build and scale its AI models for image, language, audio,...
YouTube acknowledges its iOS app is crashing, says it’s working on a fix
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YouTube’s mobile app on iOS devices is currently down for some users. The crashes began on Wednesday afternoon as thousands of iOS users reported the app would close shortly after opening it. Users also reported seeing a message on the app that said, “A serious error occurred.” TechCrunch tried to replicate the problem...
Musk at Twitter has ‘huge work’ ahead to comply with EU rules, warns bloc
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European Union regulators have fired another warning shot at Elon Musk over his erratic piloting of Twitter since his takeover last month — saying he has “huge work” ahead if the social media site is to avoid falling foul of major new governance rules for digital services which entered into force . Reminder: Breaches ...
Bret Taylor steps down as co-chair and CEO of Salesforce
Ron Miller
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It’s been quite a roller coaster ride for Bret Taylor over the last year. , he was named board chair at Twitter and co-CEO at Salesforce. One year later, he doesn’t have either job. Taylor lost the job as Twitter board chair and dissolved the Twitter board immediately. Today, he stepped down as co-CEO at Salesforce i...
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StartupOS launches what it hopes will be the operating system for early-stage startups
Haje Jan Kamps
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Running a startup can be a chaotic time; a million things need to be built, done, tracked, analyzed, considered, reported and validated. Keeping an overview of it all can be hard, and there’s always a threat of something (maybe something important?!) slipping through the cracks. today launched a platform to bring som...