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It happened: Elon Musk officially owns Twitter | Amanda Silberling | 2,022 | 10 | 27 | It’s for real this time. After months of , and to put your favorite rom-com to shame, Elon Musk has closed his $44 billion acquisition of Twitter. Musk sealed the deal Thursday night, taking Twitter private and ousting a handful of top executives — CEO Parag Agrawal — in the process. the bird is freed — Elon Mus... |
YouTube redesign gives long-form videos, Shorts and Live videos their own tabs on channel pages | Sarah Perez | 2,022 | 10 | 27 | YouTube is rolling out a change impacting how videos appear on its platform. The company today a redesign that now splits video content into three different tabs on all channel pages — one for YouTube’s traditional long-form content, another for YouTube Shorts only and a third for Live videos, including past, current... |
Skidattl’s augmented reality beacons are ‘like a Bat-Signal for fun’ | Rebecca Bellan | 2,022 | 10 | 27 | wants to use augmented reality to get people to engage with the real world. It’s a story we’ve heard before from AR companies, particularly as they pit themselves against the potentially isolating effects of virtual reality. But rather than chasing metaversal Pokémon creatures on the street, Skidattl aims to use AR “b... |
Daily Crunch: Mason raises $7.5M seed round to scale its no-code commerce engine | Christine Hall | 2,022 | 10 | 27 | Hello! And it’s Thursday! We are all waiting with bated breath for the latest installment of “Will Elon Actually Buy Twitter or Will He Squirrel Out of It” — the miniseries of indeterminate length and too many twists and turns to enumerate. Supposedly we’ll learn more tomorrow, but who knows. Also, what is time? And if... |
Amazon accidentally exposed an internal server packed with Prime Video viewing habits | Zack Whittaker | 2,022 | 10 | 27 | It feels like is caught red-faced spilling reams of data across the internet because of a lapse in security. But even for technology giants like Amazon, it’s easy to make mistakes. Security researcher found a database packed with Amazon Prime viewing habits stored on an internal Amazon server that was accessi... |
null | Kyle Wiggers | 2,022 | 10 | 18 | null |
Amazon’s income dipped in Q3 2022 as the economy took its toll | Kyle Wiggers | 2,022 | 10 | 27 | Amazon suffered steep losses in year-over-year income as post-pandemic shopping habits and inflation threw the retailer for a loop. In its third quarter 2022 earnings report today, Amazon that operating income decreased to $2.5 billion in Q3 2022 compared to $4.9 billion the same quarter last year, while net income d... |
How to raise funds when you aren’t in the Bay Area | Dominic-Madori Davis | 2,022 | 10 | 27 | somewhere in sunny Miami, Florida, is a founder wondering the best ways to fundraise for a company when situated outside a traditional tech hub like the Bay Area. They need not worry. Last week, from M25, of Hustle Fund and Accel’s answered that question at TechCrunch Disrupt. The consensus of the venture capita... |
Apple earnings see iPhone revenues up, still short of forecast | Brian Heater | 2,022 | 10 | 27 | Sometimes earnings leave you wondering how good is good enough. Take, for example, Apple’s Q4, which finds the iPhone maker beating Wall Street expectations overall but still seeing an extended trading stock dip after iPhone sales were improved and still managing to miss the mark. Revenue hit $90.15 billion for the qua... |
Cruise opens robotaxi waitlist in Austin and Phoenix | Rebecca Bellan | 2,022 | 10 | 27 | Cruise, General Motors’ autonomous vehicle subsidiary, is now inviting potential passengers in Phoenix and Austin to join the to be among the first Cruise robotaxi passengers. The company has been operating a fully driverless commercial since June, with fully driverless meaning there’s no human safety operator behi... |
Meta is in trouble | Taylor Hatmaker | 2,022 | 10 | 27 | A day after weighing in with its third-quarter earnings report, Meta is flailing. The company formerly known as Facebook was in trouble Thursday and an apparent sent its shares plunging by 25%. At the time of writing, Meta was trading around $98, down from $130 on Wednesday. Other tech stocks are in a similar boat ... |
Apple doesn’t want you trading NFTs on your phone (unless it makes them money) | Anita Ramaswamy | 2,022 | 10 | 27 | Apple is no stranger to asserting its dominance. That’s exactly what the tech giant did this week when it for NFT transactions in the iOS App Store, marking the first time the company has taken any sort of substantial position on web3. We hopped on the mic for the of to discuss the new rules and how they could ma... |
Apple says, ‘NFTs? Yes, fees’ | Anita Ramaswamy | 2,022 | 10 | 27 | TechCrunch Welcome back to Last week, we recorded our news episode live onstage at TechCrunch Disrupt, in which we talked about the Aptos launch and shared our predictions for where we expect money to flow in the web3 world. This week, we dove into NFTs, examining Apple’s new App Store guidelines and Reddit’s recent s... |
Physical ‘copies’ of the new Call of Duty are just empty discs | Devin Coldewey | 2,022 | 10 | 27 | Cartridges and discs used to be how you got the latest games, but that’s been changing as downloads have become more convenient and reliable. But some people prefer the sure thing: a physical copy, so they can play offline or with a bad connection. To them, Activision says “qq”: the Call of Duty: Modern Warfare II disc... |
Uber scales back in Pakistan | Manish Singh | 2,022 | 10 | 11 | Uber is scaling back its operations in Pakistan, the latest in a series of efforts from the ride-hailing firm as it looks to improve its financial performance. The company says its marquee app is ceasing operations in five of the six cities where Uber had launched and expanded over the years. The eponymous service will... |
Dawn of the tentacle | Brian Heater | 2,022 | 10 | 27 | going to be a quick one from me today. I caught the thing again, roughly three months after the last time I caught the thing. They say, “third time’s the charm,” and I now recognize that they were referring to chest pain and a general light-headedness. Turns out it doesn’t get easier. Send soup. With that in mind, con... |
Google filing says EU’s antitrust division is investigating Play Store practices | Natasha Lomas | 2,022 | 10 | 27 | A Google regulatory filing appears to have confirmed rumors in recent months that the European Union’s competition division is looking into how it operates its smartphone app store, the Play Store. However TechCrunch understands that no formal EU investigation into the Play Store has been opened at this stage. The SEC ... |
Apple, Google and Samsung to soon release 5G support software updates in India | Ivan Mehta | 2,022 | 10 | 11 | Apple, Google and Samsung said Wednesday they will roll out software updates to enable 5G support on their respective handsets in India, the world’s second-largest wireless market, just days after local bureaucrats began . Reliance Jio and Airtel, India’s two largest carriers, have started to offer 5G services in sele... |
Tiger Global, Blume back Indian startup bringing safety — and intelligence — to EVs | Jagmeet Singh | 2,022 | 10 | 11 | Tiger Global’s latest investment in India is , a startup building solutions to bring safety and reliability alongside intelligence and health monitoring to light electric vehicles (EVs), addressing concerns that are curtailing the sales of electric scooters in the South Asian market. Unlike traditional internal combus... |
My virtual torso went to Meta Connect 2022 | Taylor Hatmaker | 2,022 | 10 | 11 | Moments before was set to begin, TechCrunch’s staff scrambled to see who had a charged Meta Quest headset, which it turned out was nobody. But because I knew what corner of the closet mine was in (upper left), here I am. After merging my work Facebook account (Taylor Linguini) with Meta’s , I pushed a software updat... |
Smashing success: NASA’s DART spacecraft bumped an asteroid off its orbit | Stefanie Waldek | 2,022 | 10 | 11 | The demise of a spacecraft is usually something rather poignant. But two weeks ago, NASA celebrated one’s destruction. On September 26, (DART), in which a spacecraft intentionally crashed into the asteroid Dimorphos to investigate whether such an impact could deflect an Earth-bound stellar object. A successful collis... |
Homa raises another $100 million for its data-driven mobile gaming tools | Romain Dillet | 2,022 | 10 | 11 | French startup has raised a $100 million Series B funding round. Quadrille Capital and Headline are leading the round. Homa partners with indie mobile game studios so their games are perfectly optimized to become a hit game on the App Store and Google Play. In other words, Homa builds tools that help third-party deve... |
Noom lays off more employees amid CFO departure | Natasha Mascarenhas | 2,022 | 10 | 11 | , a health coaching platform , is laying off a portion of staff for the second time in a matter of months, TechCrunch has learned from sources. Noom has laid off 10% of its staff, or around 500 people, which is a reduction that mostly impacts its coaching team. It’s the second layoff impacting Noom’s coaching team , ... |
Here’s what you missed at Meta Connect 2022 | Amanda Silberling | 2,022 | 10 | 11 | Connect, the company then known as Facebook dropped a bombshell: It would now be and focus on building the “ .” After investing into the future of virtual reality, the rebranded Meta came back this year for its next big announcement: legs. Yes, avatars are going to get legs — our disembodied torsos will finally as... |
Daily Crunch: News and updates from TechCrunch’s Meta Connect 2022 coverage | Christine Hall | 2,022 | 10 | 11 | Hello, humans, and the hundreds of AIs that are probably reading this as well. May your day be full of joy. If you can’t feel joy today, be kind to yourself. Perhaps tomorrow is the day for joy. That goes for both humans and AIs, come to think of it. — and its largest to date, split between an early-stage vehicle, a... |
Federal gig worker proposal tanks Uber, Lyft and DoorDash stocks | Harri Weber | 2,022 | 10 | 11 | The stock prices of Uber, Lyft and DoorDash slid on Tuesday after the Department of Labor announced proposed changes to how workers should be classified. The is intended to “combat employee misclassification,” the federal agency said in . Soon after, Uber’s share price dropped by more than 10% to $24.61, while Lyft’... |
This startup is building a web3-friendly app store for developers | Rita Liao | 2,022 | 10 | 11 | Apple’s 30% tech tax on developers has not just antagonized consumer tech giants like but is also . Major NFT marketplaces OpenSea and Magic Eden noticeably only let users browse listings on their iPhone apps without enabling trading to avoid the steep fees. But doing so bars the from easily accessing a new breed ... |
Kraken’s Jesse Powell on why he’s stepping down as CEO of the crypto exchange | Anita Ramaswamy | 2,022 | 10 | 11 | down from the CEO role at U.S.-based crypto exchange Kraken, reported last month. Co-founded by Powell and Thanh Luu in 2011, Kraken is now the fourth-largest crypto exchange by volume, according to . It’s a critical inflection point for the company, which and has been rumored to be considering going public. We i... |
The profit divide running through the neobanking sector | Alex Wilhelm | 2,022 | 10 | 11 | that modern, digitally native services can supplant the traditional banking landscape. Founders flocked to the idea, investors wrote myriad checks, and despite how far along we are in the neobanking boom, . Lately, we’ve seen neobanks focused on targeted niches, often segmented by demographics. Startups are building ... |
Meta’s vision for the future of VR is a worse version of the past | Devin Coldewey | 2,022 | 10 | 11 | Meta keeps saying VR is the future, but is an inferior rehash of the things we already have. Its event today was, between assurances that everything is great in the Metaverse, a collection of tacit admissions that the best they can hope to do is ape a reality we are all desperately trying to leave behind. The sillies... |
Don’t miss our partner breakouts and Discovery stage sessions at Disrupt | Lauren Simonds | 2,022 | 10 | 11 | — taking place October 18–20 in San Francisco — is the world-class tech conference where startups go to grow. Building a startup is no easy task — not exactly a newsflash, we know. And it’s why we want to direct your attention to the companies we partner with to make it happen. One of the things our partners do best i... |
Meta wants you to drop $1,499 on a headset to… go to work | Amanda Silberling | 2,022 | 10 | 11 | What happens when you’re working away from your office, so you don’t have your big desk and multiple large monitors with you? You could just use your laptop and make do. Or, you could buy a , which Meta CEO Mark Zuckerberg says is . Today, in Meta is adding a Personal Office feature, which lets you create your own ... |
null | Lauren Forristal | 2,022 | 10 | 27 | null |
Crypto VC deals continue drop as activity follows bearish market prices | Jacquelyn Melinek | 2,022 | 10 | 11 | flow into cryptocurrency startups is going in the same direction as the cryptocurrency market cap: down. The total crypto market cap has fallen almost 59% from about $2.25 trillion at the beginning of the year to $923 billion at the time of publication, according to CoinMarketCap . “Deal activity tracks very closely ... |
Many Americans treat driver assist systems like self-driving | Rebecca Bellan | 2,022 | 10 | 11 | Many Americans feel comfortable treating their advanced driver assistance systems (ADAS), which partially automate certain driving functions, as full self-driving systems, according to a from the Insurance Institute for Highway Safety (IIHS). The survey explored habits, expectations and attitudes among regular users ... |
Making robots that make robots to take over the world | Maggie Stamets | 2,022 | 10 | 11 | Welcome back to Found, where we get the stories behind the startups. This week Darrell and Jordan talk with Scott Gravelle, the CEO and co-founder of , a robotics company that specializes in distribution and supply chain. Scott talks about how he was inspired by the Cutter Ants to design a vertical warehouse and create... |
Meta and news outlet’s spar deepens India’s trust deficit | Manish Singh | 2,022 | 10 | 11 | news organizations sparring over news reporting isn’t new. Companies often complain to journalists about getting nuances wrong and usually air their dismay “off the record.” Journalists usually agree to include the rebuttals provided the companies can offer the same assertions on-record. The companies don’t follow thr... |
Venture capital will soon be brimming with ghosts | Natasha Mascarenhas | 2,022 | 10 | 29 | “There’s more dry powder powder than ever before.” “There’s never been a better time to start a startup.” “Discipline is the new scale.” (OK, OK, I made that last one up, but didn’t you kind of believe it?). The tech industry loves generalizations — — but as the downturn continues to play out, it’s increasingly impor... |
Elon Musk completes Twitter purchase, Meta’s in trouble and it’s time to admit self-driving cars ain’t gonna happen | Henry Pickavet | 2,022 | 10 | 29 | Hey, folks, welcome back to another edition of TechCrunch , the place where we point you to the hottest stories of the past sevenish days. I’m stepping in front of the laptop for this week, but don’t fret, he will be back soon. If you want this goodness in your inbox every Saturday, head on over to sign up. Now, l... |
What if your startup doesn’t take off overnight? | Matt Burns | 2,022 | 10 | 29 | This event opens on with networking. The interview begins at 12:00 p.m. PDT followed by the TCL Pitch Practice at 12:30 p.m. PDT. by completing and gain access to all TechCrunch Live events, including TechCrunch Live, City Spotlight, Startup Pitch Practice, Networking and other TechCrunch community events, wit... |
Let’s check in on community-focused startups | Natasha Mascarenhas | 2,022 | 10 | 29 | few years, has been a buzzword for tech startups looking to sell a product or service based on their definition of a useful network. The pandemic stress-tested these business models, with some companies seeing that consumers weren’t willing to pay fees in exchange for advice they could find on Twitter, while others ... |
Why Cruise is making its own chips, and a lot more besides | Roberto Baldwin | 2,022 | 10 | 16 | to make its own silicon. But in the quest to commercialize robotaxis — and make money doing it — those never-planned pursuits can suddenly seem a lot more appealing. Cruise realized that the price of chips from suppliers was too high, the parts were too big and the reliability of the third-party technology just wasn’t... |
Top climate tech deals net nearly $4B in Q3, outpacing other industries | Tim De Chant | 2,022 | 10 | 16 | a strong Q3, landing three of the top four equity deals, including the whopping raised by fleet-charging startup TeraWatt. While the broader market might be cooling, climate tech , with investment figures for top deals in Q3 outpacing the . In total, five climate tech startups made CB Insights’ top 10 equity deals... |
Should early-stage startups join in on the cloud marketplace fun? | Anna Heim | 2,022 | 10 | 29 | TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. The sky’s the limit for the cloud market. If Alphabet’s earnings missed expectations in Q3, it is certainly not because of Google Cloud, whose revenue year on year last quarter, from $4.990 billion to $6.86... |
This Week in Apps: Elon buys Twitter, new App Store rules, gambling ads backlash | Sarah Perez | 2,022 | 10 | 29 | 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 ... |
With a $13B valuation, Celonis defies current startup economics | Ron Miller | 2,022 | 10 | 16 | German process mining company, announced in August on a $13.2 billion post-money valuation, it was a bit of a shock. After all, VC firms were pulling back from the huge raises and gaudy valuations of yesteryear. But — which has raised $2.4 billion, per , with $2 billion coming in the last year alone — has been ab... |
null | Mary Ann Azevedo | 2,022 | 10 | 11 | null |
Even decacorns have their challenges | Mary Ann Azevedo | 2,022 | 10 | 16 | Hello, hello. By the time you’re reading this, we’ll be two days away from TechCrunch Disrupt! Soooo exciting! But first, let’s talk about fintech. Last week’s big news was corporate spend management startup Brex’s announcement that it was , or 136 people. It was also revealed that the startup’s CFO, Adam Swiecicki, i... |
Google’s Nest Wifi Pro is a dead simple way to bring Wi-Fi 6E home | Brian Heater | 2,022 | 10 | 28 | up top. This isn’t a review. TechCrunch does reviews. This isn’t one. There are several reasons for this. First, last week was Disrupt — I was busy on the other side of the country. Second, this week is my COVID week (third round, otherwise self-explanatory w/r/t a limited output). Third, we very rarely review routers... |
India launches 75 digital banking units across rural areas in financial inclusion push | Manish Singh | 2,022 | 10 | 16 | India on Sunday launched 75 digital banking units in villages and small towns across the country in a move that it said will help bring financial services and literacy to more citizens. The digital banking units, set up in collaboration with over 20 public and private banks, are brick-and-mortar outlets that are equipp... |
Why ‘generative AI’ is suddenly on everyone’s lips: It’s an ‘open field’ | Connie Loizos | 2,022 | 10 | 28 | If you’ve been closely following the progress of , the company run by Sam Altman whose neural nets can now write original text and create original pictures with astonishing ease and speed, you might just skip this piece. If, on the other hand, you’ve only been vaguely paying attention to the company’s progress and the... |
Cruz Foam’s chitin-based packaging brings in $18M as industries scramble to go green | Devin Coldewey | 2,022 | 10 | 28 | The best way to remove plastics from the ecosystem is to make sure they never get there in the first place, and is well on its way to replacing some of the worst ones out there with its naturally derived and compostable alternative — and the company just landed an $18M series A to do it faster. Cruz Foam creates mate... |
GM pauses paid advertising on Twitter as Chief Twit Elon Musk takes ownership | Kirsten Korosec | 2,022 | 10 | 28 | General Motors has temporarily paused paid advertising on Twitter, one day after billionaire and Tesla CEO Elon Musk finalized a of the social media platform. CNBC was the GM’s decision. TechCrunch confirmed the U.S. automaker’s decision. “We are engaging with Twitter to understand the direction of the platform und... |
NASA’s Psyche mission to a metal-rich asteroid is back on the books for October 2023 | Aria Alamalhodaei | 2,022 | 10 | 28 | NASA said Friday that its Psyche mission (named after the asteroid the mission is targeting) has been rescheduled to October next year. The news comes just a few months after the agency announced that it would definitively miss its planned 2022 launch attempt. The delayed schedule is due to late delivery of key compone... |
Daily Crunch: With Musk’s purchase completed, NYSE will delist Twitter stock on Election Day | Christine Hall | 2,022 | 10 | 28 | Happy Friday! is enjoying some down time on the East Coast, so I am running solo. As you can see from the last night and the sheer number of Twitter stories from our fabulous consumer tech team today, it has been all Twitter, all day. We promise to give you a little bit of that, of course, and a little of what else... |
The TwitterMusking and other news | Darrell Etherington | 2,022 | 10 | 28 | Lo, the day is upon us: Elon Musk owns the bird app and all that comes with it. Musk’s $44 billion Twitter acquisition has closed, and he fired most of the top people in charge and is now busy learning about this thing he sort of wanted, then didn’t want at all, and now has been at least in part forced to spend a large... |
Elon Musk says Twitter will form a content moderation ‘council’ before deciding on Trump | Taylor Hatmaker | 2,022 | 10 | 28 | Elon Musk has only been in , but he’s already making big moves. Musk on day one, including Twitter CEO Parag Agrawal, but in a new tweet he claims he’ll be moving more slowly when it comes to making content moderation decisions. Musk hasn’t said much since taking over at Twitter, but he will apparently form some kind... |
Here’s why ServiceNow’s stock soared in a week of dismal tech earnings reports | Ron Miller | 2,022 | 10 | 28 | reader of this publication, chances are you know that it for many tech company stocks — one like , and have been mauled by the markets after less than stellar earnings reports. Even an enterprise stalwart like Salesforce is behind hounded by . The fact is that few have been spared, whether startups or establi... |
TechCrunch+ roundup: Fundraising beyond the Bay Area, web3 gaming, TDD prep checklist | Walter Thompson | 2,022 | 10 | 28 | In a previous era, aspiring journalists relocated to New York, would-be actors made pilgrimages to Hollywood and plucky tech founders moved to the Bay Area so they could attract capital and talent. , and it hasn’t been for a while. Cities like Boulder, Detroit and Austin had emerging tech ecosystems long before the pan... |
Latin American founders see VC funding drop as investors retreat from underrepresented cohorts | Dominic-Madori Davis | 2,022 | 10 | 28 | shows that Latin American-founded companies in the United States raised $250 million out of the $39.85 billion allocated in venture funds in the U.S. this Q3 — or about 0.63%. The Q3 sum is a sharp decrease from the $2.3 billion the cohort raised in Q3 last year and a dramatic decline from the $1.3 billion raise in... |
Twitter just keeps getting more expensive | Alex Wilhelm | 2,022 | 10 | 28 | has been wall-to-wall news. With the , and Musk now in control of the social service, a long chapter in technology history has been written. Views vary regarding what’s next for Twitter, be it looser content moderation guidelines or the return of certain banned users. What Musk intends to do with his new company ... |
As overall cloud infrastructure market growth dips to 24%, AWS reports slowdown | Ron Miller | 2,022 | 10 | 28 | With the big three — Amazon, Microsoft and Google — reporting earnings this week, we learned that the cloud infrastructure market topped $57 billion for the quarter, up $11 billion over the same period last year. That adds up to 24% growth, according to data from . It might not be the growth we are used to seeing from... |
India sets up panel with veto power over social media content moderation | Manish Singh | 2,022 | 10 | 28 | India will set up one or more grievance committees to oversee content moderation decisions of social media firms, it said Friday, moving ahead with a proposal that has rattled Meta, Google and Twitter in the key overseas market but one it finds necessary. In an to the nation’s new IT law that went into effect last ye... |
Elon Musk owns Twitter: The story so far | Darrell Etherington | 2,022 | 10 | 28 | Musk owns Twitter. We knew it was going to happen (except for the part where Elon fought it tooth and nail), but it’s real now, so let’s catch you up on the whirlwind that was the new “Chief Twit’s” ascension. The week’s festivities kicked off with Elon Musk paying a visit to Twitter HQ, on what we now know was the ev... |
5 ways biotech startups can mitigate risk to grow sustainably in the long run | Omar Khalil | 2,022 | 10 | 28 | of investment in life sciences over the past decade has resulted in incredible new therapies for patients, strong financial returns for companies and an overall increase in translational research, which is critical to advancing the next generation of therapies. It has also led to eye-popping levels of capital raised b... |
I regret to inform you that Elon has something to do with this | Alex Wilhelm | 2,022 | 10 | 28 | Hello and welcome back to , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We hope that you are in good form this Friday, alive, well and ready to rock. We certainly were. And in a change of pace, as our dear Mary Ann was off this week, the excellent joined a... |
YouTube ends the test asking users to get a premium subscription to watch 4K videos | Ivan Mehta | 2,022 | 10 | 17 | Earlier this month, YouTube ran . The company has now ended this test — probably because of uproar from users. In a tweet, YouTube confirmed the end of the experiment and said, “viewers should now be able to access 4K quality resolutions without Premium membership.” So all users can now watch videos at the highest res... |
Galen Robotics looks to assist ENT surgeons with new bot and $15M round | Andrew Mendez | 2,022 | 10 | 28 | Medical devices and robots have been making their way into operating rooms in an increasing number of procedures. Now a new robot is trying to forge its path in the OR and assist surgeons who don’t yet have that advantage. “There are surgeons out there that have really no robotic assistance at all,” said Bruce Lichorow... |
Crypto bear markets are a ‘great time’ to launch startups, industry execs say | Jacquelyn Melinek | 2,022 | 10 | 28 | things to look at beyond crypto prices, the COO of , Mary-Catherine Lader, said at TechCrunch Disrupt last week. “Right?” She asked rhetorically. “Especially if you’re building something and you’re excited about the technology and its potential and not [viewing] crypto necessarily as an asset class.” Even though the ... |
Revyze is building the TikTok of educational videos | Romain Dillet | 2,022 | 10 | 17 | Meet , a French startup that is developing a mobile app for and at the intersection of education and social. In many ways, Revyze looks just like TikTok — but it is focused specifically on educational content for teenagers. “We talked with kids attending 30 or 35 different high schools,” co-founder Florent Sciberr... |
Twilio hack investigation reveals second breach, as the number of affected customers rises | Carly Page | 2,022 | 10 | 28 | U.S. messaging giant confirmed it was hit by a second breach in June that saw cybercriminals access customer contact information. Confirmation of the second breach — carried out by the same “0ktapus” hackers that — was buried in an update to a lengthy that Twilio concluded on Thursday. Twilio said the “brief secu... |
Who is going to buy Cadillac’s $300,000 hand-built EV? | Jaclyn Trop | 2,022 | 10 | 17 | The battery-electric Celestiq sedan, which starts “north of $300,000,” is tasked with more than restoring Cadillac to its former glory; it now must back executives’ bold claim to “reestablish the iconic brand as the standard of the world.” But with a price tag more than three times the average transaction price of a ve... |
The Cadillac Celestiq is GM’s big (literally) luxury EV bet | Abigail Bassett | 2,022 | 10 | 17 | Years ago, Cadillac was associated with luxury and performance. Today, in an effort to claw its way back to the top of the luxury heap, the U.S. automaker unveiled Monday the production Cadillac Celestiq, a hand-built, bespoke behemoth fastback sedan that adheres closely to the concept it of this year. The vehicle, w... |
5 things you didn’t know about Cadillac’s $300,000 Celestiq EV | Jaclyn Trop | 2,022 | 10 | 17 | Cadillac confirmed Monday that its forthcoming flagship Celestiq sedan will launch late next year with all of the futuristic bells and whistles befitting a bespoke EV starting “north of $300,000.” The Celestiq isn’t just a flagship for the GM luxury brand. The four-seater is slated to set the direction for the brand’s ... |
null | Ivan Mehta | 2,022 | 10 | 28 | null |
Daily Crunch: Kanye West reaches agreement to acquire social media platform Parler | Christine Hall | 2,022 | 10 | 17 | Greetings from the TechCrunch office! Yes, it turns out we have an office, even though we haven’t seen the inside of it for a good long stretch. We are here doing some stretches ahead of Disrupt kicking off tomorrow. Some of us have gotten to take a sneaky peek inside the venue, and it looks amazing. “Squeeeeee!” as (s... |
Jane Technologies launches its first iOS app for cannabis shopping | Matt Burns | 2,022 | 10 | 17 | null |
Don’t let today’s software rally improve your mood | Alex Wilhelm | 2,022 | 10 | 17 | year in the public markets, you might take today’s brilliant trading as good news. Any positive price movement is a win, right? Kinda. The tech-heavy Nasdaq composite index rose 3.4% today, while other major U.S. indices jumped smaller amounts in a hall-of-fame start to the trading week. (That the markets are turning ... |
SpaceX no longer seeking Pentagon funding for Starlink in Ukraine, Musk says | Aria Alamalhodaei | 2,022 | 10 | 17 | SpaceX has withdrawn its request to the Pentagon that it fund the ongoing use of Starlink internet terminals in Ukraine, CEO Elon Musk said Monday. His statement ( — where else?) comes just hours after it was reported that the Pentagon was considering footing the bill using a fund that finances contracts for weapons a... |
Developers pour into crypto space despite stagnant markets | Jacquelyn Melinek | 2,022 | 10 | 17 | huge for the crypto developer space even though the digital asset market continues to wallow in a downturn, according to a new by web3 developer platform Alchemy. Although the crypto market capitalization is year to date, web3 developers are pouring into the space. The report found that developer activity increase... |
Max Q: Any way you spice it | Aria Alamalhodaei | 2,022 | 10 | 17 | Hello and welcome back to Max Q. Last week was one of those weeks where your head spins with the sheer amount of news/announcements/launches in the space sector. It’s a crazy time to be alive, folks! In this issue: If all goes to plan, Florida’s Space Coast could see two separate lunar missions take off in November. Ja... |
Chinese chipmakers, U.S. suppliers caught in crosshairs of new export restrictions | Tim De Chant | 2,022 | 10 | 17 | Over the last week and a half, the Chinese semiconductor industry’s circumstances have taken a sharp turn for the worse. The Biden administration on October 7 a sweeping set of export restrictions that prevent the export of certain chips and, more important, the sale of tools using certain technologies to Chinese chi... |
Stability AI, the startup behind Stable Diffusion, raises $101M | Kyle Wiggers | 2,022 | 10 | 17 | Stability AI, the company funding the development of open source music- and image-generating systems like , today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC. The tranche values the company at $1 billion post-... |
Low-cost hearing aids are now available over the counter in the US | Brian Heater | 2,022 | 10 | 17 | Over the summer, Joe Biden issued the “Executive Order on Promoting Competition in the American Economy.” Included in the legislation was a push to make more affordable hearing aids available without a prescription. Following a final rule from the FDA, those products are . A number of major U.S. drugstore chains have ... |
Netflix launches new ‘Profile Transfer’ feature to help monetize account sharing | Lauren Forristal | 2,022 | 10 | 17 | Netflix today that it has launched “Profile Transfer,” a feature that lets a member on an existing account switch to a brand-new account without rebuilding their profile. This prevents their personal data from being erased like customized recommendations, viewing history, list of favorite shows/movies, and other sett... |
Watch two Mini Cheetah robots square off on the soccer field | Brian Heater | 2,022 | 10 | 17 | Some robotics challenges have immediately clear applications. Others are more focused on helping systems solve broader challenges. Teaching against one another fits firmly into the latter category. The authors of detailing the use of reinforcement learning to teach MIT’s Mini Cheetah robot to play goalie note: Socc... |
With over 43M K-12 users, Adobe Express for Education gets new AI and safe search tools | Frederic Lardinois | 2,022 | 10 | 17 | , the company’s template-centric tool for helping anyone quickly create logos, banners, flyers, ads and more, has always long offered a . As the company announced today — one day before its annual MAX conference — Adobe Express for Education now has over 43 million K–12 users globally. In case you’re confused about th... |
Apple is bringing Spatial Audio to cars, starting with Mercedes-Benz | Kirsten Korosec | 2,022 | 10 | 17 | Apple is bringing its immersive surround-sound audio product to vehicles through a partnership with Mercedes-Benz and Universal Music Group, the latest example of the tech company’s push into automotive. For the first time, Spatial Audio with Dolby Atmos from Apple Music will be natively integrated into the car, starti... |
Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures | Tage Kene-Okafor | 2,022 | 10 | 10 | Stears So far, the company’s strategy seems to be paying off. Enterprise customers now contribute over 75% of revenues generated, up from 45% in 2021. It also expects revenues to double from last year as half-year revenues for 2022 have already surpassed full-year revenues for 2021. This is compared to the 80% revenue... |
Want to tip for your Amazon delivery? Drivr is a new app for that | Ingrid Lunden | 2,022 | 10 | 17 | Tipping in the U.S. is a critical part of how the wheels turn in the service economy. One service area that’s been very overlooked, however, is the world of last-mile delivery — a service job that falls between the cracks when it comes to tipping because those who deliver products typically don’t work for the company t... |
Amazon launches weekly livestream concert series ‘Amazon Music Live’ on Prime Video | Lauren Forristal | 2,022 | 10 | 17 | As more streaming services explore the , Amazon Prime Video is branching out beyond live sports and a new weekly livestreamed concert series called “Amazon Music Live.” Next Thursday, October 27, at 9:00 p.m. PDT, Amazon will launch the series, which features rapper 2 Chainz as the host and performances by artists L... |
Singapore-based staffing platform Workmate acquired by Persol Asia Pacific | Catherine Shu | 2,022 | 10 | 10 | , a Singapore-based on-demand staffing platform, has been acquired by , one of the region’s largest HR service providers. Workmate focuses on frontline and essential workers, and the acquisition will allow it to expand its HR solutions throughout the Asia Pacific. Workmate currently operates in Thailand and Indonesia ... |
Only 72 hours left to save hundreds on TC Sessions: Crypto passes | Lauren Simonds | 2,022 | 10 | 10 | You have more than a month before Miami heats up for on November 17, but you have only three days left until our special launch pricing sets sail and heads out to the OpenSea — ha, that’s a pretty NFT pun right there. Don’t waste another minute. — either general admission or student — before , and you’ll save $250... |
Brands are spamming WhatsApp users in India, Facebook’s largest market | Manish Singh | 2,022 | 10 | 10 | As Meta makes deeper inroads with businesses on WhatsApp, its biggest bet to monetize the instant messaging app with , we are getting an early glimpse at how user experience might change on the free app. It’s not great. Scores of people in India, WhatsApp’s largest market by users with over 500 million accounts, have ... |
Airwallex raises $100M to power cross-border business banking, valuation stays flat at $5.5B | Ingrid Lunden | 2,022 | 10 | 10 | The economy may be showing many signs of contraction right now, but many companies still need to do business internationally. Now a startup providing the tools to make and manage those transactions is announcing some funding. , the Hong Kong/Australia startup that provides cross-border banking and other financial serv... |
OG App, what exactly was your end game here? | Haje Jan Kamps | 2,022 | 10 | 10 | A couple of weeks ago, , and today , booting the app from its platform as well. And I’m left scratching my head wondering what the end game was for the founders of the OG App. As far as I can tell, the company basically made a new version of Instagram that strips the advertising out, and brings back the non-algorithm... |
Daily Crunch: After bans by Apple and Google, The OG App ‘will be unable to continue serving users’ | Christine Hall | 2,022 | 10 | 10 | Beep boop, here we go again with another exciting week in tech. Next week is Disrupt, so the TechCrunch Slack watercooler is full of sartorial advice, much to our surprise and confusion. Oh, and Haje has written more than 20 Pitch Deck Teardowns over on TC+ — and he’s running low on decks to review. Surely he hasn’t sc... |
Thai beauty platform Konvy raises Series A for international expansion | Catherine Shu | 2,022 | 10 | 10 | Founded 10 years ago, is now Thailand’s top beauty e-commerce platform. It plans to accelerate its omnichannel and international distribution with a new Series A of $10 million from Insignia Ventures Partners. Konvy was launched in 2012 by Chinese entrepreneur QingGui Huang, who previously managed fashion e-commerce ... |
UK’s Ofcom says one-third of under-18s lie about their age on social media | Ingrid Lunden | 2,022 | 10 | 10 | Companies like Instagram are getting (and dragged through the publicity coals) over how they have mishandled children’s privacy on their platforms. But if a recent report from is accurate, maybe they are getting off lightly. The U.K. media watchdog is publishing research today that found that one-third of all child... |
null | Brian Heater | 2,022 | 10 | 17 | null |
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