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Uber, Lyft to pay NYC drivers more by end of year | Rebecca Bellan | 2,022 | 11 | 15 | Uber and Lyft will have to increase the minimum pay rates for drivers in New York City by the end of the year, . The fare increase comes amid a driver shortage post-pandemic, in large part due to rising operational costs. The city’s Taxi and Limousine Commission (TLC) voted to increase the per-minute rates of ride-hai... |
Genesis teases its EV future with the Genesis X convertible | Abigail Bassett | 2,022 | 11 | 15 | Hyundai luxury arm Genesis unveiled Tuesday evening the Genesis X convertible, the third and final electric vehicle concept of the brand’s EV future. The reveal, held at a splashy event ahead of the 2022 Los Angeles Auto Show, follows the X Concept and the X Speedium Coupe — all of which fall under the Inspired by X li... |
Daily Crunch: High-precision induction stove startup Impulse powers up with $20M Series A | Christine Hall | 2,022 | 11 | 15 | Greetings on this fine Tuesday. There was a lot of news today, so I’m not going to waste time and instead will get right to what you came here for. — . , but Vimcal thinks we shouldn’t have to spend that much time creating the actual event. writes that this “nifty calendar app” will have you entering a new event and ... |
Boston Dynamics sues Ghost Robotics over robot dog patent infringements | Brian Heater | 2,022 | 11 | 15 | If you know anything about Ghost Robotics, it’s likely one of two things: 1) They make robot dogs. 2) Sniper rifles can be mounted to those robots. A majority of the Philadelphia firm’s press coverage has revolved around these facts, along with some coverage of its systems being used to patrol the U.S. border. That las... |
Bling Capital has $212M to invest across two new funds — and two coasts | Connie Loizos | 2,022 | 11 | 15 | Ben Ling, a turned venture capitalist, has never put a lot of stock in the need for a new, decentralized internet. It’s why the firm he founded almost exactly four years ago — naming it (a nickname from way back) — doesn’t have the kind of bets that are right now becoming a for a lot of other venture outfits. It ... |
NASA taps SpaceX for second crewed Starship demonstration mission to the moon | Aria Alamalhodaei | 2,022 | 11 | 15 | NASA tapped SpaceX to provide a second crewed demonstration landing on the moon as part of its Artemis lunar exploration program, a huge win for SpaceX and a possible gesture at improving the relative lack of existing competition for such services. The award is a modification to an existing Human Landing System (HLS) c... |
Third time’s the charm? NASA will attempt to launch its mega moon rocket early tomorrow morning | Aria Alamalhodaei | 2,022 | 11 | 15 | NASA is set to launch the Artemis I mission on November 16, with agency officials Tonight’s attempt, which has a two-hour launch window opening at 1:04 a.m. EST (10:04 PM Pacific), could kick-start NASA’s ambitious Artemis lunar exploration program. It’s under that program that NASA is hoping to send the first woman a... |
Ring launches pilot program to let local agencies share updates and ‘safety information’ | Kyle Wiggers | 2,022 | 11 | 15 | Ring today that local government agencies will be able to have an official presence on the company’s Neighbors app. Beginning with the City of North Port and Pinellas County Government in Florida and the City of Fulton in New York, the new program will allow government organizations to provide safety information thro... |
Global venture funding plateaued in October, with valuations likely to blame | Rebecca Szkutak | 2,022 | 11 | 15 | slow summer, the mood in venture capital seemed to change with the season come Labor Day. By the end of September, it felt that maybe the worst had already come in terms of this year’s falling venture funding numbers. Investment volume had stopped declining and was starting to . Investors said that anecdotally it fel... |
Unit’s banking-as-a-service platform is getting into the charge card game | Natasha Mascarenhas | 2,022 | 11 | 15 | If the banking-as-a-service fintech does its job right, it will be ubiquitous among businesses and simultaneously have a name unknown to the end user. The company gives companies a way to embed financial services into their product — and after already launching debit cards, Unit is officially breaking into the charge... |
null | Rebecca Szkutak | 2,022 | 11 | 23 | null |
LF Europe’s Project Sylva wants to create an open source telco cloud stack | Frederic Lardinois | 2,022 | 11 | 15 | The Linux Foundation Europe (LF Europe) — the recently European offshoot of the open source Linux Foundation — today announced the launch of Project Sylva, which aims to create an open source telco cloud framework for European telcos and vendors. This is the first project hosted by LF Europe and is a good example of ... |
YouTube Shorts begins testing shopping features and affiliate marketing | Aisha Malik | 2,022 | 11 | 15 | YouTube is adding shopping features to Shorts, its TikTok-like short-form video product, the company confirmed to TechCrunch on Tuesday. The new shopping features allow users to purchase products as they scroll through Shorts. The news was first reported by the . The company is starting to introduce shopping features ... |
TechCrunch+ roundup: Bootstrapping basics, fintech’s future, tech employers gain advantage | Walter Thompson | 2,022 | 11 | 15 | Are you planning to play League of Legends during your next investor pitch? (If so, reading this probably isn’t a good use of your time.) For founders who are interested in building on their own, maintaining control and staying off the fundraising treadmill for as long as possible, investor/entrepreneur Marjorie Radlo-... |
Netflix’s new feature lets subscribers kick devices off their accounts | Lauren Forristal | 2,022 | 11 | 15 | Want to kick your ex off your Netflix account without having to change your password? A new Netflix feature will make that possible. Today, Netflix is launching “ ,” which allows account owners to remotely log out of devices they don’t recognize or no longer want signed in. The addition could help Netflix push more fre... |
YouTube Shorts can now include 60 seconds of music or sounds, up from 15 seconds before | Sarah Perez | 2,022 | 11 | 15 | YouTube today is addressing one of creators’ chief with filming videos for its TikTok competitor, YouTube Shorts: to date, the music and sounds added to videos could only be 15 seconds in length, even though Shorts themselves can be as long as 60 seconds. Now, thanks to revised licensing deals, YouTube says the major... |
Freemium or free trials: Why not both? | Anna Heim | 2,022 | 11 | 12 | TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. As more SaaS companies adopt (PLG), a sales method in which user conversions are driven by the product itself rather than a sales team, founders are often faced with a pricing model dilemma. If their startu... |
After key privacy and security departures last week, Twitter names ‘acting DPO’ | Natasha Lomas | 2,022 | 11 | 15 | Following a late last week, the social media firm has informed its lead data protection regulator in the European Union that it has appointed an “acting” replacement for one of those positions: The key role of data protection officer (DPO). The abrupt departures of Twitter’s CISO Lea Kissner; chief privacy officer (a... |
Meta lays off thousands, FTX collapses, and Twitter has a very weird week | Greg Kumparak | 2,022 | 11 | 12 | Hey, friends! Welcome back to , the newsletter where we recap the top TechCrunch headlines from the past seven days. Get it in your inbox every Saturday AM by . Ready? Let’s go. Twitter had a week so strange that it could easily make up this entire newsletter, so we’ll keep to the bullet points: : Once one of the big... |
This Week in Apps: Twitter’s crazy week drives social apps’ growth, Google expands user choice billing | Sarah Perez | 2,022 | 11 | 12 | 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 ... |
What the midterm madness means for startups | Kyle Wiggers | 2,022 | 11 | 12 | Hey, folks. It’s , filling in this issue for Natasha, who’s taking a much needed break from the news cycle (and the spectacle that’s become Twitter). While it’s my first Startups Weekly column, you’ve likely seen me on TC here and there, covering chiefly venture, AI and enterprise-related items. It’s a real pleasure t... |
GoFreight raises $23M to become the “Shopify of freight forwarding” | Catherine Shu | 2,022 | 11 | 13 | Unicorn Flexport is , serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets. A startup called wants to help them compete by providing the “Shopify of freight for... |
Nearly 80% of venture funds raised in just two states as US LPs retreat to the coasts | Rebecca Szkutak | 2,022 | 11 | 12 | in the United States raised more dry powder in the first three quarters of this year than they did in all of 2021, but it’s not equally distributed: The big funds keep getting bigger while fundraising has gotten harder for the majority of other players. And Q3 data shows that where a firm is based appears to be playin... |
The power pendulum is swinging back to employers, isn’t it? | Natasha Mascarenhas | 2,022 | 11 | 13 | get worse before they get better — which means that the next few months will be full of companies trying to pivot their way to survival during this extended downturn. At least that’s what entrepreneur , who helped lead Carta’s 2020 layoffs as its chief people officer, thinks. He estimates that another 30,000 to 40,00... |
How Rad Power Bikes stacks up for a boomer and a millennial | Rebecca Bellan | 2,022 | 11 | 12 | , the U.S.-based e-bike manufacturer, has made its mark as a direct-to-consumer business selling fat-tire bikes that helped shape the COVID e-bike boom. In 2021, the company raised two massive rounds — in February 2021 and another just eight months later — that brought its total funding above and beyond what Europe... |
The dilemma of Chinese startups going global | Rita Liao | 2,022 | 11 | 13 | , I published an article about a Chinese hardware maker which would have otherwise been a typical funding story. Instead, I got a complaint from its PR asking me to remove all mentions of “China” from the piece. The startup wanted to be called “American” on the basis of its having a small office in California. I declin... |
Indian fintech Lentra raises $60M to expand loans-as-a-service for banks | Jagmeet Singh | 2,022 | 11 | 13 | India initially made its name in the tech world years ago when it staked out reputation as a key hub for business process outsourcing. Now that legacy has taken a very different turn in fintech with outsourcing of a very different kind, with the emergence of embedded finance technology. In the latest development, , an... |
Volunteer at TC Sessions: Space and get a free pass to TechCrunch Disrupt 2023 | Lauren Simonds | 2,022 | 11 | 13 | It takes a lot of people to bring a tech conference to life, and we’re looking for incredible people to support our events team and help make an amazing experience for our attendees. If you’re incredible (heck, you know you are) or interested in space technology, tech startups, event planning — or all of the above — ... |
How the FirstBuild product co-creation studio is changing how new things are made | Haje Jan Kamps | 2,022 | 11 | 13 | running R&D at a large appliance manufacturer, you have a challenge. You typically make products in enormous quantities at pretty slim margins. In order to recoup your development, tooling and launch marketing costs, you need to create and sell a huge number of products. To ensure that that’s possible, you’d probably ... |
What goes up must come down | Mary Ann Azevedo | 2,022 | 11 | 13 | Like many of you, I’m sure, I was caught up last week watching the unfold. It was a startling development in the world of crypto, and while I don’t cover the space directly, I couldn’t help but be fascinated by the goings-on — and not in a good way. For more on that debacle, check out our crypto-focused Chain Reactio... |
Silkhaus gets $7.75M to digitize short-term rentals across emerging markets | Tage Kene-Okafor | 2,022 | 11 | 14 | The Silkhaus team |
Alibaba eyes logistics growth in LatAm as China commerce slows | Rita Liao | 2,022 | 11 | 14 | Cainiao, the logistics arm of Alibaba, is traveling far from home to seek expansion for its business. The company recently launched its first parcel distribution center in Brazil, adding to its regional network of sorting centers in Mexico and Chile, it said Monday. Alibaba’s e-commerce business in China by a combinat... |
Helbiz sees losses in mobility revenue, slight gains in streaming | Rebecca Bellan | 2,022 | 11 | 14 | Helbiz’s third-quarter earnings show a company that’s burning cash, not making revenue gains and losing riders year over year. However, Helbiz’s burgeoning sports streaming service did realize some small gains. The micromobility SPAC reported its Q3 earnings Monday, the same day as its only public market competitor, Bi... |
null | Natasha Mascarenhas | 2,022 | 11 | 15 | null |
Max Q: Join us! | Aria Alamalhodaei | 2,022 | 11 | 14 | 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: Astra, a rocket startup that went public last year, told investors Tuesday it laid off 16% of its workforce as part of a wider strategy to increase sh... |
Bird may not have enough funds to continue shared micromobility business | Rebecca Bellan | 2,022 | 11 | 14 | Just hours after Bird said it had for more than two years by recognizing unpaid customer rides, Bird dropped a going concern warning. In a regulatory filing, the company said it might “need to scale back or discontinue certain or all of its operations in order to reduce costs or seek bankruptcy protection.” Bird clos... |
The Amazonification of Uber | Rebecca Bellan | 2,022 | 11 | 14 | It’s been six months since Uber hosted , a global smorgasbord of product reveals and features that covered everything from booking party buses and voice ordering for Uber Eats to linking travel plans to Gmail and skipping the food lines at sports stadiums. The product reveals aren’t just about creating new revenue str... |
Daily Crunch: Nigerian startup that stored its ‘day-to-day operational budget’ on FTX announces staff cuts | Christine Hall | 2,022 | 11 | 14 | Hello, and welcome to the beginning of another week. As mentioned last Friday, is off scuba diving, leaving the rest of us to pick up the Twitter and FTX pieces. No bother, we are here for you. starts us off by reporting on . And with that, let’s dig in! — At this point, we all expect our data to move pretty quic... |
Is Elon Musk’s Twitter about to fall out of the GDPR’s one-stop shop? | Natasha Lomas | 2,022 | 11 | 14 | new owner Elon Musk, Twitter is no longer fulfilling key obligations required for it to claim Ireland as its so-called main establishment under the European Union’s General Data Protection Regulation (GDPR), a source familiar with the matter has told TechCrunch. Our source, who is well placed, requested and was grante... |
Long live the vibe capitalist! | Dominic-Madori Davis | 2,022 | 11 | 14 | investors were left with egg on their faces after FTX’s valuation went from $32 billion to zero in a New York minute. VCs were left wondering, “What the hell happened?” And they’re still wondering, “Wait — did I do something wrong? Is it me?” Why yes, actually, it is you. People are led to believe that, for the most p... |
The Epic Games-Apple antitrust battle resumes today in appeals court | Sarah Perez | 2,022 | 11 | 14 | Apple’s antitrust battle against Fortnite maker Epic Games is returning to the courtroom after appealed last year’s ruling in a potentially precedent-setting case over Apple’s alleged anti-competitive behavior. Last year, a U.S. District Court judge had largely favored Apple when ruling the tech giant was not actin... |
Google to pay $391.5 million in location tracking settlement with 40 states | Aisha Malik | 2,022 | 11 | 14 | Google has agreed to a with 40 state attorneys general over its location tracking practices. The settlement outlines that Google misled its users into thinking they had turned off location tracking even as the company continued to collect their location information. The investigation, which marks the largest attorney... |
Amazon launches ‘Sports Talk’ on Prime Video to give sports fans 12 hours of live daily content | Lauren Forristal | 2,022 | 11 | 14 | Today, Amazon Prime Video announced the launch of “ ,” a live daily programming block dedicated to 12 hours of sports-talk content. Broadcasting Monday through Friday from 8 a.m.-8 p.m. ET on Prime Video, viewers in the U.S. can access seven new shows on Sports Talk without a Prime membership. It will also be available... |
Meeting camera startup Owl Labs lands $25M and partnership with HP | Kyle Wiggers | 2,022 | 11 | 14 | , a startup developing a linuep of AI-powered meeting hardware, today that it raised $25 million in a Series C round led by HP Tech Ventures (HP’s venture capital arm) with participation from Sourcenext, Matrix Partners, Spark Capital and Playground Global. The closing of the tranche marks the start of a strategic pa... |
Binance’s CEO isn’t sweating the FTX implosion | Jacquelyn Melinek | 2,022 | 11 | 14 | The crypto market is trying to pick up the pieces after it was thrown into massive disarray last week when the previously third-largest crypto exchange, FTX, imploded and . “It’s obvious that people are jittery, interested and somewhat nervous about what’s happening in the industry,” Changpeng “CZ” Zhao, CEO of Binanc... |
The startup and venture markets are coming back to square one | Alex Wilhelm | 2,022 | 11 | 14 | come down” is a cliche that is also a bastardization of Newton’s . It’s also a good reminder that when it looks like the business market has changed fundamentally, we’re often really just seeing a temporary aberration. This idiom rings true when we consider the cycle of tech valuations (up and then down), venture cap... |
SoftBank writes down nearly $100 million investment in FTX | Mary Ann Azevedo | 2,022 | 11 | 14 | emerge regarding the events that led to FTX’s and stunning collapse, the cryptocurrency exchange’s investors are also being scrutinized. TechCrunch has reached out to SoftBank for comment on its investment in FTX. Notably, former Twitter On November 12, Nikkei Asia reported that SoftBank Group had “ it had made t... |
Apple faces new lawsuit over its data collection practices in first-party apps, like the App Store | Sarah Perez | 2,022 | 11 | 14 | A new lawsuit is taking on Apple’s data collection practices in the wake of a recent report by independent researchers who found Apple was continuing to track consumers in its mobile apps, even when they had explicitly configured their iPhone privacy settings to turn tracking off. In a proposed class action lawsuit, pl... |
Disney+ has a new adorable short film for ‘The Mandalorian’ and ‘Spirited Away’ fans | Lauren Forristal | 2,022 | 11 | 14 | Disney+’s adorable new short film, “Zen – Grogu and Dust Bunnies,” on Saturday, November 12. From Lucasfilm and Japanese animation house , the hand-drawn short film will excite many fans as it features Grogu — a.k.a Baby Yoda or The Child — from the “Star Wars” series “The Mandalorian” and the coal dust bunnies from... |
A simple Android lock screen bypass bug landed a researcher $70,000 | Zack Whittaker | 2,022 | 11 | 14 | Google has paid out $70,000 to a security researcher for privately reporting an “accidental” security bug that allowed anyone to unlock Google Pixel phones without knowing its passcode. The lock screen bypass bug, tracked as , is described as a local escalation of privilege bug because it allows someone, with the devi... |
Google’s Health Connect app is now available in beta | Aisha Malik | 2,022 | 11 | 14 | Google today that its Health Connect app is now on the Play Store. Health Connect is designed to centralize access to health and fitness data from various eligible apps. Today, more than 10 health and fitness apps are launching integrations with Health Connect, including MyFitnessPal, Oura and Peloton. The app sync... |
Ukio, a premium apartment rental platform for Europe’s ‘flexible workforce,’ raises $28M | Paul Sawers | 2,022 | 11 | 22 | , a short-term furnished apartment rental platform aimed at the “flexible workforce,” has raised €27 million ($28 million) in a Series A round of funding. The cash injection constitutes €17 million in equity and €10 million in debt, and follows some 14 months after the Spanish company of funding. Founded out of Barce... |
Sequoia India’s Surge backs health tech startup RedBrick AI in $4.6M funding | Jagmeet Singh | 2,022 | 11 | 22 | Health tech startup has raised $4.6 million in a funding round led by Sequoia India and Southeast Asia’s Surge as it plans to expand the market for its medical imagery annotations solution. Artificial intelligence has become ubiquitous in clinical diagnosis. But researchers need much of their initial time preparing d... |
Daily Crunch: No-code fintech services startup Taktile closes $20M Series A round | Christine Hall | 2,022 | 11 | 22 | Soooo you may have received the, erm, , where we mentioned a certain conference, placing it in the wrong country. Whoops — we updated the headline. Sorry, Finland, we love you, honestly. That was yesterday. Today, there’s a wall of new exciting things to look at…including, among other things, an opportunity has for ... |
Ronna learn some new metric prefixes? They’re quetta upgrade | Devin Coldewey | 2,022 | 11 | 22 | We may still be a ways from worrying how many yottabytes your computer can hold, but the international standards community has for even bigger numbers than that — ronna for 10 and quetta for 10 . , representatives from numerous governments got together to vote on the official names for these enormous magnitude indic... |
HyperloopTT’s SPAC public debut may be going nowhere fast | Rebecca Bellan | 2,022 | 11 | 22 | (HyperloopTT) has entered into a definitive with special purpose acquisition company (SPAC) Forest Road Acquisition Corp. II, which is led by former Disney executives Tom Staggs and Kevin Mayer. The combined company will list shares at a pre-money valuation of $600 million. In theory, hyperloop technology is a vacuu... |
The best Black Friday 2022 tech deals | Greg Kumparak | 2,022 | 11 | 22 | You blinked and it is, inexplicably, almost again. Should you buy a bunch of stuff just because it’s discounted? Probably not! Can you use it as an opportunity to save some money on stuff you already wanted anyway? Absolutely. We don’t aim to be exhaustive with our Black Friday tech roundup. Instead, we just try to h... |
Apple TV+ series ‘Severance’ gets exclusive ‘innie’ and ‘outie’ vinyl records | Lauren Forristal | 2,022 | 11 | 22 | Fans of Apple TV+’s popular sci-fi workplace drama, “Severance,” can have their very own Lumon music-dance experience — maracas not included. Starting Wednesday, November 23, online store Mondo will have on sale, which contain the official soundtrack, artwork, themed packaging and other bonus merch. Like in the show,... |
Food delivery company JOKR confirms closing of Santiago, Medellin operations | Christine Hall | 2,022 | 11 | 22 | confirmed Tuesday that it has withdrawn its on-demand food delivery operations in both Santiago, Chile and Medellin, Colombia, letting go of 22 employees and 19 employees, respectively, in those markets. The company said via email that the move will “further tighten our geographical footprint to those markets that hav... |
Almond launches full-service OB-GYN care to rebuild patient experience | Andrew Mendez | 2,022 | 11 | 22 | is aiming to modernize obstetrical-gynecological (OB-GYN) care for birthing people who want something more “modern,” full service and comprehensive than the standard provider offers. Fresh out of Y Combinator, the company just announced a $7 million seed round. “The patient experience today is slow, it’s incomplete, a... |
FTX’s bankruptcy hearing details prior control by ‘inexperienced and unsophisticated individuals’ | Jacquelyn Melinek | 2,022 | 11 | 22 | determine the fate of FTX, once one of the largest crypto exchanges globally, began Tuesday in the U.S. Bankruptcy Court for the District of Delaware. “We are here on an unprecedented matter and I don’t say those words lightly,” James Bromley, a partner at Sullivan & Cromwell and co-head of the firm’s global restructu... |
FCC 86es first carrier for flouting robocall rules | Devin Coldewey | 2,022 | 11 | 22 | When it comes to robocalls, the FCC means business, though you could be forgiven for thinking otherwise as its various efforts over the last few years have crept rather than leapt forward. But the agency has just that has failed to comply with new anti-robocalling rules — perhaps the first of many. , a U.S.-based (bu... |
null | Jaclyn Trop | 2,022 | 11 | 14 | null |
Startup founders need to be data-informed, not just ‘data-driven’ | Ann Lai | 2,022 | 11 | 22 | buzzwords startups use when pitching investors and in their marketing, “data-driven” is nearly at the top of the pile. But what does being data-driven really mean? Investments are slowing down and VCs are tightening their purse strings. Previously trending tech startups in fields like BNPL, crypto and the delivery mar... |
Hackers are locking out Mars Stealer operators from their own servers | Zack Whittaker | 2,022 | 11 | 22 | A security research and hacking startup says it has found a coding flaw that allows it to lock out operators of the Mars Stealer malware from their own servers and release their victims. Mars Stealer is data-stealing malware as a service, allowing cybercriminals to rent access to the infrastructure to launch their own ... |
TechCrunch+ roundup: Attention metrics, growth through retention, cold-calling advice | Walter Thompson | 2,022 | 11 | 22 | Pitching a startup to investors without a personal recommendation isn’t a terrible idea — as long as you’ve done your research first. Tetra Insights co-founders Michael Bamberger and Panos Rigopoulos raised a $5 million Series A last year, and the duo said . “When I changed my criteria to finding people who were a fit... |
Pipe’s founding team stepping down as hunt for ‘veteran’ CEO begins | Mary Ann Azevedo | 2,022 | 11 | 22 | of alternative financing startup are stepping down from their roles as executives of the company in one of the most dramatic management shake-ups seen in the fintech startup world in some time. Miami-based said today it is on the hunt for a “veteran” CEO as Harry Hurst, who has been the face of the company since i... |
Are tech valuations artificially low, or are we simply returning to reality? | Alex Wilhelm | 2,022 | 11 | 22 | detailing an evolving venture capital market. We argued that the collected information showed the existence of a Series C “crunch,” or a bottleneck in the capital ladder that startups climb. Because there have been “crunches” at various stages before, the fact that Series Cs are particularly stubborn today might not... |
Researchers are building robots that can build themselves | Brian Heater | 2,022 | 11 | 22 | Researchers at MIT’s Center for Bits and Atoms are working on , designing robots that effectively self-assemble. The team admits that the goal of an autonomous self-building robot is still “years away,” but the work has thus far demonstrated positive results. At the system’s center are voxels (a term borrowed from com... |
Venmo adds in-app charitable donations, redesigned ‘send money’ screen | Sarah Perez | 2,022 | 11 | 22 | PayPal-owned Venmo is today rolling out two changes to its peer-to-peer payments app, including the ability to donate to charities through Venmo as well as a redesigned money-sending experience. The latter aims to make it easier to see how much you’re sending and who you’re sending to, while also improving the ability ... |
This manta ray-inspired soft robot flies through the water | Brian Heater | 2,022 | 11 | 22 | Biologically inspired soft robots make a lot of sense in a lot of different scenarios, but as with any class of technology, they have their limitations. Among other things, these compliant structures can struggle to move at the same speed as their more rigid counterparts. To help speed up swimming, a team of researcher... |
Aerospace Corp discusses Space Workforce 2030 at TC Sessions: Space | Lauren Simonds | 2,022 | 11 | 22 | Are you ready — and as excited as we are — to hear and learn from the brightest minds envisioning, building, investing and committing to forging and securing humanity’s future in space? Spend December 6 with us and the world’s leading space aces at in Los Angeles. — before prices increase on — and pay just $199. ... |
Meet 5 startups working to harness the Earth’s heat to save the planet | Tim De Chant | 2,022 | 11 | 25 | sources of power that are “free” here on Earth, namely wind, solar, hydro and geothermal. Humans have been tapping hydro and wind for millennia, and we’re getting pretty good at harnessing the power of the sun. But with geothermal, we’re still not expertly exploiting the heat that’s generated deep within the planet. M... |
Pitch Deck Teardown: Juro’s $23M Series B deck | Haje Jan Kamps | 2,022 | 11 | 25 | , covered which added $23 million to its coffers. Juro aims to put an end to contract negotiation madness, moving the workflows out of Microsoft Word and a handful of other subpar tools to an all-in-one, web-based platform for contract negotiation-to-signature workflow. It seems like a very good idea. The deck work... |
Has the FTX mess iced venture interest in crypto? | Alex Wilhelm | 2,022 | 11 | 25 | a kind year for blockchain-based startup activity. In addition to an during a general venture capital slowdown, web3-focused tech upstarts have also had to deal with a series of intra-industry crises that have, at times, dominated technology headlines. The comes to mind. As does the . That’s not to mention the .... |
Binance launches proof-of-reserves system for BTC holdings | Romain Dillet | 2,022 | 11 | 25 | Cryptocurrency exchange company has released a that explains its proof-of-reserves system. The company is starting with BTC reserves. Right now, Binance has a reserve ratio of 101%. It means that the company has enough bitcoins to cover all users’ balances. This move comes a couple of weeks after the , another pop... |
Amazon to shut down food delivery business in India | Manish Singh | 2,022 | 11 | 25 | Amazon will shut down its food delivery business in India by the end of the year, the retailer said Friday, retreating from a $20 billion vertical it entered . The retailer will shut down the food delivery business, called Amazon Food, on December 29 in India. It launched Food in India in May 2020 in parts of Bengalur... |
Black Friday 2022 e-commerce reaches record $9.12B, Thanksgiving $5.3B; BNPL and mobile are big hits | Ingrid Lunden | 2,022 | 11 | 25 | and have been predicting a muted online holiday shopping season this year, with sales in the first three weeks of November essentially flat over a year ago due to a weaker economy, inflation and more people returning to shopping in stores again in the wake of the COVID-19 pandemic. But on the face of it, the Thanksg... |
How to run data on Kubernetes: 6 starting principles | Sylvain Kalache | 2,022 | 11 | 25 | becoming an industry standard, with up to of organizations deploying their services and applications on the container orchestration platform, per a survey. One of the key reasons companies deploy on Kubernetes is standardization, which lets advanced users double productivity gains. Standardizing on Kubernetes gives ... |
Be like Gmail: Proton Mail will soon offer email categorization, message scheduling and more | Paul Sawers | 2,022 | 11 | 25 | , the Swiss company behind a suite of including email, has a fairly substantial upgrade for its flagship and services. Although Proton has expanded into and through the years, remains Proton’s bread and butter — and that is arguably the most interesting facet of its latest reveal. Indeed, while Proton oft... |
null | Sarah Perez | 2,022 | 11 | 22 | null |
UK to criminalize deepfake porn sharing without consent | Natasha Lomas | 2,022 | 11 | 25 | Brace for yet another expansion to the U.K.’s : The Ministry of Justice has changes to the law that are aimed at protecting victims of revenge porn, pornographic deepfakes and other abuses related to the taking and sharing of intimate imagery without consent — in a crackdown on a type of abuse that disproportionatel... |
Elon Musk says Twitter’s new multicoloured verification will launch next week | Ivan Mehta | 2,022 | 11 | 25 | After the first launch of Twitter’s “power to the people” verification system, Elon Musk said that the social network will tentatively roll out a new multicolored verification system next week. The owner of Twitter said that, under this scheme, companies will get a gold checkmark, government officials will get a grey... |
A new wave of solo GP VCs is coming to Europe and Hypernova hopes to power it | Mike Butcher | 2,022 | 11 | 25 | The U.S. has had solo VC fund managers for many years but the trend is only just starting to catch on in Europe. One of the newest is , started this year by in Romania. His career trajectory toward being a solo GP fits the profile: a former entrepreneur, a key player in the Eastern European tech scene, a founder of ... |
Bessemer backs SaaS platform that automates billing workflows | Jagmeet Singh | 2,022 | 10 | 3 | , a startup that is aiming to help SaaS companies automate their billing workflows, has raised $3.5 million in a seed funding round. Headquartered in New York and Bengaluru, Zenskar is building a platform for SaaS companies to generate bills for their complex pricing plans — whether they are based on usage-based pricin... |
South Africa’s Revio allows businesses to connect to multiple payment methods and reduce failures | Tage Kene-Okafor | 2,022 | 11 | 25 | Three out of every 10 payments in Africa fail, according to reports. Factors behind this range from a fragmented payments landscape and invalid cards to dormant accounts and higher dispute rates; they surface yearly leading to a $14 billion loss in recurring revenue for digital businesses across the continent. These pr... |
Activision Blizzard illegally withheld raises from unionizing workers, labor board finds | Amanda Silberling | 2,022 | 10 | 3 | Gaming giant Activision Blizzard unlawfully retaliated against workers at Raven Software who formed a union, the National Labor Relations Board found. The quality assurance (QA) department at subsidiary Raven Software, who mostly work on “Call of Duty,” announced that they would in January. Activision Blizzard sought... |
Egyptian venture capital firm Algebra Ventures hits first close of second fund at $100M | Tage Kene-Okafor | 2,022 | 10 | 3 | null |
GIC backs Indian EV startup Euler Motors in $60 million funding | Manish Singh | 2,022 | 10 | 3 | Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production capacity and broaden its offerings. Singapore’s sovereign fund GIC led the New Delhi-headquartered startup’s Series C funding. Blume Ventures, Athera ... |
Drowning in trash: Google opens applications for circular-economy accelerator | Harri Weber | 2,022 | 10 | 3 | Google is spinning up a new, online-only startup centered around the elusive circular economy. The effort is Google’s latest to help environmentally focused In the broadest of strokes, the circular economy represents a colossal shift in how humanity makes and uses stuff. Instead of primarily harvesting raw materials ... |
Elon Musk steps in it — ‘F#ck off is my very diplomatic reply to you’ | Connie Loizos | 2,022 | 10 | 3 | Elon Musk today waded into the Ukraine-Russia war with a peace plan that was … not very well received. It may have been a tactic to distract industry watchers from Tesla’s third-quarter vehicle production and delivery numbers for 2022, which of analysts’ expectations. But it was a knuckle-headed tactic if so, and one... |
UK pauses data reform bill to rethink how to replace GDPR | Natasha Lomas | 2,022 | 10 | 3 | The U.K. government has confirmed another pause to draft digital legislation under new prime minister Liz Truss’ reshuffled cabinet — saying the data reform bill it had introduced in is on hold while ministers take another look. The paused bill contained a package of amendments to the U.K.’s data protection regime, wh... |
Naver agrees to acquire fashion marketplace Poshmark for $1.2B | Kyle Wiggers | 2,022 | 10 | 3 | Naver, the South Korean search giant, today it plans to acquire secondhand apparel marketplace for $1.2 billion in cash. The deal values publicly traded Poshmark’s shares at $17.90 — a 15% premium over today’s closing price — and the companies expect it to close by Q1 2023, subject to approval by Poshmark stockhold... |
John Curtius is leaving Tiger Global to start his own venture fund | Ingrid Lunden | 2,022 | 10 | 3 | John Curtius, the prolific Tiger Global senior partner who has been at the center of some of the firm’s biggest deals in the last several years, is leaving the firm, TechCrunch has learned. He will be leaving to start his own firm, which will concentrate investments from Series A to Series C. Curtius will stay with Tig... |
Daily Crunch: Vice Society hackers post 500GB of data stolen from LA school district to dark web | Christine Hall | 2,022 | 10 | 3 | Oc-flippin-tober? You’ve got to be mock-tobering us. It’s a sobering experience, though, to see the who-ber year fly by like that! Ahem. Forgive the incoherence, we are entering TechCrunch Disrupt silly season over here. We are psyyyyched. Also, there’s just a few hours left to apply to , if you want to get your appli... |
Max Q: Hubble hubble, toil and trouble | Aria Alamalhodaei | 2,022 | 10 | 3 | Hello and welcome back to Max Q. I hope all of our Florida readers stayed safe during Hurricane Ian — thinking of you guys. In this issue: …We are just a few weeks away from , which is returning live and in-person to San Francisco on October 18-20. (excluding online and expo). Florida’s Space Coast battened down the... |
The Supreme Court takes on Section 230 | Devin Coldewey | 2,022 | 10 | 3 | Section 230 of the Communications Act, which prevents online platforms from being liable for the content posted by their users, will be evaluated by the Supreme Court in the coming season. It’s anyone’s guess how it may be affected, but we can be sure that the regulatory landscape for tech will look rather different th... |
Prosus cancels $4.7 billion acquisition of India’s BillDesk | Manish Singh | 2,022 | 10 | 3 | Prosus has scrapped the it announced last year, once stated to be the European technology giant’s largest, saying “certain conditions” were unfulfilled in a surprising move a month after the proposed acquisition . “Certain conditions precedent were not fulfilled by the 30 September 2022 long stop date, and the agree... |
Twitter expands access to its experimental Status feature…but not to its paid subscribers | Sarah Perez | 2,022 | 10 | 3 | Twitter’s throwback feature, Twitter Status, is today expanding its list of potential status updates to choose from, in a continuation of tests that . The feature, which is something of a cross between Myspace moods and a Facebook status, allows users to tag posts with an additional expression beyond the tweet itself ... |
Rivian made 7,363 of its EV pickups and SUVs in Q3 | Darrell Etherington | 2,022 | 10 | 3 | Electric vehicle maker on Monday, revealing it made 7,363 of its R1T pickup truck and R1S SUV during the three-month period that ended on September 30. Rivian also said it delivered 6,584 vehicles during the same span. The automaker is still backing its target of delivering 25,000 vehicles over the course of 2022, a ... |
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