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Rapyd Ventures backs Indian fintech-as-a-service startup Decentro | Jagmeet Singh | 2,022 | 10 | 31 | India’s , the Y Combinator-backed startup that helps companies enter the fintech market by deploying its APIs, has raised $4.7 million in a Series A round. The Bengaluru-based startup offers banking and payments APIs that allow development of fintech products such as banking, payment cards, neobanking and collections ... |
Indonesia weighs blockchain-powered carbon trading scheme | Rita Liao | 2,022 | 10 | 31 | Indonesia wants to direct the blockchain craze toward greener use. The Indonesia Stock Exchange (IDX) has signed a memorandum of understanding with Metaverse Green Exchange (MVGX), a Singaporean startup that specializes in digital exchange technology. The intended collaboration centers around IDX’s emission trading sch... |
null | Mike Butcher | 2,022 | 10 | 7 | null |
‘Last year was the party. This year is the hangover.’ | Mary Ann Azevedo | 2,022 | 10 | 9 | to ! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up has been a partner at since 2015, investing in — and sitting on the boards of — financial services companies such as Plaid, Persona, Lithic, Cocoon and Pilot. Current... |
Dragonfly GP talks web3’s current and future state at TC Sessions: Crypto | Lauren Simonds | 2,022 | 10 | 9 | While the overall crypto markets have been in lately, web3 venture capitalists have never had more conviction — or more funding at their disposal — to back startups and teams building in the space. The big question on their minds is whether tokens and startup valuations have bottomed out, or if they need to wait a bi... |
Google pauses enforcement of Play Store billing requirement in India following antitrust order | Jagmeet Singh | 2,022 | 10 | 31 | Google is indefinitely pausing the enforcement of its policy requiring developers to use Play Store’s billing system for user transactions in India following an order by the country’s antitrust body. The Android maker on Tuesday a support page to disclose the move and said that the requirement to use Google Play’s bi... |
Uber tests push notification ads, a feature literally no one wants | Rebecca Bellan | 2,022 | 10 | 31 | Uber recently launched its and in-app ads. Apparently, those ads aren’t staying within the app. Instead, ads from other companies are being sent out as push notifications, much to the chagrin of some Uber users. Over the weekend, people turned to Twitter to complain about the notifications, sharing , including one p... |
Daily Crunch: SpaceX set to launch two spacecraft tomorrow aboard Falcon Heavy rocket | Christine Hall | 2,022 | 10 | 31 | Last week was a hell of a week in startup news, and wrote a particularly good summary of everything that went down, including . — and Politician turned venture capitalist Bradley Tusk recently spoke at a TechCrunch Live event on how startups should approach regulation, in a session called “How to launch a startup... |
ispace wants to stake its claim to the moon with November launch | Aria Alamalhodaei | 2,022 | 10 | 31 | Tokyo-based startup ispace’s lunar ambitions will soon be put to the test, as the company gears up for its first launch at the end of this month. The startup will attempt to send its “Hakuto-R” lander to the moon’s surface, kicking off an ambitious lunar exploration program of the same name. Founded in 2010, ispace is ... |
Max Q: Halloween special | Aria Alamalhodaei | 2,022 | 10 | 31 | Hello and welcome back to Max Q. Happy Halloween folks. Hope you’re having a very spooky day. By the way… We are counting down to TC’s Space event in December! In this issue: , a startup that aims to transform satellite bus manufacturing, emerged from stealth Monday with a $7.5 million seed round led by Andreessen Ho... |
Elon Musk’s Twitter already looks grim for the LGBTQ community | Taylor Hatmaker | 2,022 | 10 | 31 | He’s only owned Twitter for a couple of days, but has already undermined his credibility on some of social media’s most vexing problems, all while displaying a disturbing inclination toward anti-LGBTQ views. The world’s most credulous billionaire couldn’t help but over the weekend from Hillary Clinton denouncing Re... |
OpenSea CEO Devin Finzer discusses staying on top of a turbulent NFT market at TC Sessions: Crypto | Anita Ramaswamy | 2,022 | 10 | 31 | The NFT market is worth tens of billions of dollars and saw rapid growth throughout the crypto bull run. NFT exchange OpenSea, led by CEO and co-founder Devin Finzer, emerged as a clear market leader, and controlling an estimated 90% of the overall NFT market. Since then, it’s been a bumpy ride for NFTs. over 90% f... |
Twitter’s verification chaos is now a cybersecurity problem | Zack Whittaker | 2,022 | 10 | 31 | Cybercriminals are already capitalizing on Twitter’s ongoing verification chaos by sending phishing emails designed to steal the passwords of unwitting users. The phishing email campaign, , attempts to lure Twitter users into posting their username and password on an attacker’s website disguised as a Twitter help form... |
Arnica raises $7M to improve software supply chain security | Frederic Lardinois | 2,022 | 10 | 31 | Everybody wants to talk about software supply chain risks these days, whether that’s security teams, developers or . It’s no surprise then, that VCs, despite the current economic climate, continue to fund startups in this space, too. One of the newest members in this club is , a startup that takes a somewhat broader ... |
‘Simply decarbonizing’ isn’t enough: Third Nature targets $35M fund | Harri Weber | 2,022 | 10 | 31 | With a glitzy vision of tackling some of “the biggest planetary challenges,” is out to raise $35 million for its first VC fund, TechCrunch has learned. Third Nature has secured at least $2.8 million so far, per a . It joins a wave of relatively new, environmentally focused funds that are driving the current . While... |
Manufacturing firm Bright Machines raises $132M after unfulfilled SPAC deal | Brian Heater | 2,022 | 10 | 31 | In May of last year, announced plans to embrace the SPAC craze with a merger deal that valued the Bay Area-based manufacturing firm at $1.6 billion. As the temperatures for the phenomenon cooled, however, so too did its plans. The , a little over a month before it was planned to go through. Even without the SPAC slo... |
Shopify acquires Remix to bolster its storefront design tools | Kyle Wiggers | 2,022 | 10 | 31 | , a startup developing an open source web framework similar to , has been acquired by Shopify, the companies announced in a joint statement today. The financial terms weren’t disclosed, but in a blog , Remix CEO Michael Jackson said that Remix will receive “long-term backing and support” from Shopify that will allow ... |
Immutable onboarded more web3 games in Q3 than any other quarter, co-founder says | Jacquelyn Melinek | 2,022 | 10 | 31 | , Immutable, a web3 gaming firm with its own layer-2 chain, Immutable X, launched a whopping to boost gaming on its platform. Fast forward a few months and the company says things are going according to plan. “It has been super busy,” Robbie Ferguson, co-founder of Immutable, said to TechCrunch. “In the last quarter,... |
With Bret Taylor out as Twitter board chair, he can focus entirely on Salesforce | Ron Miller | 2,022 | 10 | 31 | Usually being a board chair is a job that involves running some meetings and pushing through routine company business, but when Bret Taylor became Twitter board chair last year, he was getting a lot more than he bargained for. Taylor was promoted to the job in November 2021, the same day . That in itself was an inausp... |
Elon Musk tells Europe Twitter will comply with bloc’s illegal speech rules | Natasha Lomas | 2,022 | 10 | 31 | Surprise! Elon Musk’s tenure at Twitter is already shaping up to be confusing and contradictory. Whether this dynamic ends up being more self-defeating for him and his new company than harmful for the rest of humanity and human civilization remains tbc. On the one hand, a fresh report today suggests Musk is preparing m... |
Netflix acquires Seattle-based cozy games developer Spry Fox | Aisha Malik | 2,022 | 10 | 31 | Netflix has acquired Spry Fox, a Seattle-based independent gaming studio focused on cozy games, the streaming giant on Monday in a blog post. The financial terms of the deal were not disclosed. Spry Fox is now Netflix’s sixth in-house games studio. Amir Rahimi, the vice president of game studios at Netflix, said in t... |
With board’s dissolution, Elon is ‘sole director’ of Twitter | Devin Coldewey | 2,022 | 10 | 31 | Elon Musk is now lord of the manor over at Twitter after the board of directors was dissolved as part of the merger agreement. While the state of affairs likely isn’t permanent, it does mean that as owner, director and “Chief Twit,” he has what amounts to ultimate power to hire, fire and change the social media platfor... |
I’m not really in the mood to finance your vanity project | Alex Wilhelm | 2,022 | 10 | 31 | Musk’s interim Twitter leadership is considering has caused no end of consternation among current holders of the service’s well-known blue check marks. Complaints have arisen about price (potentially too high) and value offered (potentially too low), among other concerns. It’s also fair to note that before the Musk ... |
Zebra Labs raises $5M to help Chinese celebrities enter the metaverse | Rita Liao | 2,022 | 10 | 30 | In June, Chinese pop-punk singer Wowkie Zhang released a music video where he encounters a virtual character in a hyper-colored, animated world that is reminiscent of Pixar films. The avatar, sporting Gen Z-styled silver hair, a yellow and black oversize sweat and baggy pants, makes hip-hop moves to Zhang’s catchy, lig... |
Elon Musk claims Twitter layoff timing won’t affect year-end compensation | Rebecca Bellan | 2,022 | 10 | 30 | Elon Musk, Chief Twit, is taking issue with reporting in a this weekend that states he plans to lay off employees before Tuesday, November 1, thus cutting staff off from receiving stock grants as part of their compensation. In response to a tweet from Eric Umansky, deputy managing editor of ProPublica, that said Musk... |
Remote work is here to stay. Here’s how to manage your staff from afar | Rebecca Bellan | 2,022 | 10 | 30 | two and a half years, remote and hybrid working has become the norm — a have the option of working from home for all or part of the week, and 87% of workers who were offered remote work embraced the opportunity heartily. While some companies are pushing for a return to the office, today’s strapped labor market is gi... |
3 founders discuss how to navigate the nuances of early-stage fundraising | Rebecca Szkutak | 2,022 | 10 | 30 | event but rather a series of meetings and pleasantries, each with their own vibe and nuance. Yet many pieces of fundraising advice to founders paint the process with a broad brush. We heard from three founders at TechCrunch Disrupt last week: Amanda DoAmaral, co-founder and CEO of Fiveable; Arman Hezarkhani, founder o... |
Elon Musk buying Twitter after all, the ‘next Mark Zuckerberg’ and fare thee well, Stadia | Greg Kumparak | 2,022 | 10 | 8 | Hi all! Welcome back to , the newsletter where we quickly sum up some of the most read TechCrunch stories from the past seven days. The goal? Even when you’re swamped, a quick skim of WiR on Saturday morning should give you a pretty good understanding of what happened in tech this week. Want it in your inbox? . : Dev... |
This Week in Apps: Twitter gets an Edit button, Instagram increases ads, Google gets serious about wearables | Sarah Perez | 2,022 | 10 | 8 | 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 ... |
null | Sarah Perez | 2,022 | 10 | 31 | null |
Elon Musk’s X app for ‘everything’ might be a non-starter in the US | Rita Liao | 2,022 | 10 | 8 | As Elon Musk again nears a deal to buy Twitter, speculation is resurfacing around how the billionaire plans to transform the social network. Musk’s this week offered a clue: “Buying Twitter is an accelerant to creating X, the everything app.” While Musk didn’t elaborate on what X would look like, many reckon he’s asp... |
Toil and trouble and … startup acquisitions! | Natasha Mascarenhas | 2,022 | 10 | 8 | I think it took maybe three days after I roasted our rather dry M&A season for the news cycle to prove me wrong. This week we saw , Duolingo , Spotify , and, um, When we see high-profile acquisitions happen in close proximity, the human response is to think that there’s a trend forming. Eh. I’d rather ask questions... |
ACLU’s Jennifer Stisa Granick and Google’s Maddie Stone talk security and surveillance at Disrupt | Zack Whittaker | 2,022 | 10 | 8 | In a world filled with bad actors and snooping governments, surveillance is the one factor that affects almost every business across the globe. While companies like Apple, Signal and LastPass fight against surveillance using end-to-end encryption and by shunning mass data collection — you can’t hand over data you don’t... |
Meta plans hiring freeze, NASA shoots an asteroid, and Elon’s texts about Twitter are made public | Greg Kumparak | 2,022 | 10 | 1 | Hi all! Welcome back to , the newsletter where we quickly sum up some of the most read TechCrunch stories from the past seven days. The goal? Even when you’re swamped, a quick skim of WiR on Saturday morning should give you a pretty good understanding of what happened in tech this week. Want it in your inbox? . Didn’... |
Could corporates be good matchmakers for startups and VCs? | Rebecca Szkutak | 2,022 | 10 | 8 | a $1.25 billion funding program for startups that build on its software, Cloudflare Workers. But this isn’t a corporate venture fund and that sum is not company money. Rather, it’s an initiative in which the cloud infrastructure company curates a group of its startup customers and presents them to venture capitalist... |
US VC funding is holding up, but globally things are far from fair | Alex Wilhelm | 2,022 | 10 | 8 | back to The Exchange’s weekend missive. If you are reading this on TechCrunch and want to get the letter in your inbox, . Your regular host is off this week on a much-deserved vacation, so I’m stepping back into my old role as newsletter scribe. It’s good fun to write this note, frankly, so thanks for having me. To... |
Telegram cuts subscription fee by more than half in India | Manish Singh | 2,022 | 10 | 1 | Telegram has cut the monthly subscription fee for its premium tier by more than half in India, just as it attempts to aggressively cash in on a large user base in one of its biggest markets. In a message to users in India on Saturday, Telegram said it was making the subscription available in the country at a discount... |
Welcome to spooky season in startups | Natasha Mascarenhas | 2,022 | 10 | 1 | A , and It would be unfair to say that this week in tech and startups felt like 2021’s boom cycle; especially when you look its fourth this year, and At the same time, it does feel like Heck, The market is not dull, but it’s not loud; and the mood among my sources is certainly closer to spooky than it is to s... |
The rise of product-led growth is creating opportunities for startups | Anna Heim | 2,022 | 10 | 1 | TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. SaaS companies that adopt product-led growth — — often have a problem: They know that droves of people are signing up for their product, but they don’t know which of these users their customer success team ... |
It’s unclear what will happen in VC in Q4, but it definitely won’t be boring | Rebecca Szkutak | 2,022 | 10 | 1 | been on a roller coaster this year. It came into 2022 riding the wave of the strongest year for venture deployment on record, just before the stock market plummeted and dragged venture down with it. As the third quarter comes to a close, things have started to get really interesting — again. Venture ! Adam Neumann is... |
Stadia died because no one trusts Google | Devin Coldewey | 2,022 | 10 | 1 | There’s a lot of chatter right now about , Google’s game-streaming service. While it’s true that rivals like Geforce Now and Xbox Cloud Gaming presented entrenched competition and that Google knows next to nothing about gaming, the main trouble — as with most of its products these days — is that no one trusted them to... |
Build for the future now with Mammoth Biosciences and Mayfield | Matt Burns | 2,022 | 10 | 1 | 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... |
This Week in Apps: Google goes visual, Twitter copies TikTok, OG app drama | Sarah Perez | 2,022 | 10 | 1 | 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 diminished. But overall, the app economy i... |
Firefly Aerospace reaches orbit for the first time | Darrell Etherington | 2,022 | 10 | 1 | There’s another space-proven private launch company in the club — Firefly Aerospace. The company’s small payload Alpha rocket reached orbit successfully early on Saturday morning after taking of from Vandenberg Space Force Base in California. This is a major achievement for Firefly, which has been a lot to get here: Th... |
Did Kim Kardashian really deserve that crypto fine? | Lucas Matney | 2,022 | 10 | 6 | TechCrunch This week was a weird one for crypto, as reality TV superstar Kim Kardashian was one of the first celebrities to get an SEC fine for promoting a cryptocurrency in a social media #ad; we also had to about Dogecoin rallying on Elon’s recommitment to the Twitter deal. Listen to the fill episode below: Welcome ... |
Tesla Semi production begins with Pepsi getting the first deliveries | Kirsten Korosec | 2,022 | 10 | 6 | Tesla CEO Elon Musk tweeted Thursday that production on its long-delayed all-electric semi truck has started with the first deliveries beginning in December. The automaker introduced an all-electric Class 8 truck prototype, dubbed Tesla Semi, during a held in Hawthorne, California, on the grounds of the company’s des... |
SaaS platform klikit saves restaurant kitchens from ‘tablet hell’ | Catherine Shu | 2,022 | 10 | 6 | The proliferation of delivery services give customers many options but means chaos for busy restaurants that need to manage orders across multiple apps and channels. Many kitchens handle this by juggling several devices at a time, one for each app. wants to save Southeast Asian food businesses from “ ” by aggregating... |
As the market cools, aggressive Tiger Global looks to raise a fund that’s half the size as its last | Connie Loizos | 2,022 | 10 | 6 | In recent years, assets under management at the investment firm Tiger Global have exploded. Now the firm is taking stock and winnowing down its operations, per a new investor letter by Axios and obtained subsequently by TechCrunch. Most significantly, whether for lack of other options or — just as likely — in reactio... |
Amazon has 365 days to pour $150 million into diverse check writers | Natasha Mascarenhas | 2,022 | 10 | 6 | announced yesterday the launch of , a $150 million commitment focused on investing in underrepresented builders in tech. The initiative, according to a release, will invest in funds that back pre-seed and seed-stage startups built by Black, Latino, Indigenous, women and LGBTQIA+ founders. The goal is that the money w... |
Web3 banking platform Juno raises $18 million, launches tokenized loyalty program | Manish Singh | 2,022 | 10 | 1 | Juno, a startup that provides checking accounts to crypto enthusiasts and allows them to take their paychecks in digital tokens, has raised a new funding round as it expands its offerings to include a tokenized loyalty program. The one-and-a-half-year old startup has amassed over 75,000 customers in the U.S. who take t... |
The Musk vs. Twitter trial is temporarily on hold as proposed deal looms | Amanda Silberling | 2,022 | 10 | 6 | Judge Kathaleen McCormick that the Elon Musk vs. Twitter trial will be put on hold so that the two parties can work out a deal. Earlier this week, the Tesla and SpaceX CEO finally agreed to pay $54.20 per share for Twitter, the same $44 billion deal he proposed in April. This afternoon, Musk’s legal team filed to sta... |
Daily Crunch: Everything you wanted to know about Google Fall Event 2022 (but were afraid to ask) | Christine Hall | 2,022 | 10 | 6 | Hi again! Wondering if you have a preference between “Friday Eve,” “Pre-Friday” or just stick to Thursday? We are very gently leaning toward Little Friday, but tweet us your favorite post–hump day monikers! — and Online shopping and speedy delivery through services like Instacart and Amazon Prime are the height of m... |
The Mario movie trailer is as cursed as we hoped | Amanda Silberling | 2,022 | 10 | 6 | shared the first trailer for the anticipated “ ,” an animated adventure featuring some deeply meme-worthy casting. With Chris Pratt as Mario and Jack Black as Bowser, fans were excited to see just how unhinged this film would be. More than 600,000 viewers tuned into the premiere on Nintendo of America’s YouTube Channe... |
Spotify cancels 11 original podcasts, lays off under 5% of podcast staff | Lauren Forristal | 2,022 | 10 | 6 | Spotify is pulling 11 original podcasts from the platform, which will impact studios Parcast and Gimlet and involve less than 5% layoffs from Spotify’s podcast staff, a source familiar with the matter confirmed to TechCrunch. Spotify will also reassign some staff to other podcasts, we understand. Reached for comment, S... |
Elon Musk moves to kill the upcoming Twitter trial | Amanda Silberling | 2,022 | 10 | 6 | After Elon Musk agreed to , his legal team is now motioning for the court to cancel the upcoming trial with Twitter, slated to begin on October 17. But, as Judge Kathaleen McCormick yesterday, the trial cannot be called off until both parties agree. So, the trial is still technically moving forward unless Twitter al... |
Sub-Optimus | Brian Heater | 2,022 | 10 | 6 | Friday’s big Tesla AI event. I was actually looking forward to seeing what the company had cooked up after months of teasing, but a combination of rogue stomach virus and the most inconvenient event timing (Friday at 9:15 PM EDT) outside of something held on the other side of the world meant I had to watch the whole t... |
A new cross-border VC firm is offering a sweetener to its founder LPs: Part of its own profits | Mary Ann Azevedo | 2,022 | 10 | 6 | Atman Capital, a year-old early-stage venture firm partially backed by about 20 founders, is sweetening the deal for these individual limited partners. It promises to give credit to any one of them who refers a successful deal to the venture firm in the form of some carried interest in the firm’s own profits. It’s an i... |
Ro says it ‘inadvertently’ exposed employees’ personal information | Zack Whittaker | 2,022 | 10 | 6 | Healthcare unicorn Ro is notifying employees of a data exposure involving their personal information after a security contractor “inadvertently” uploaded a spreadsheet of employee data to the internet. In a data breach notice obtained by TechCrunch from an affected employee who received the notice this week, Ro said it... |
GOP’s war on ESG could come back to bite it | Dominic-Madori Davis | 2,022 | 10 | 6 | months before Hurricane Ian swept across Florida, its governor, Ron DeSantis, as a danger to economic freedom. His office even released a saying the practice sought to “advance a woke ideological agenda,” and that investors taking into account environmental, social and governance-related matters into their decisio... |
The Startup Battlefield 200: Climate tech and health tech edition | Neesha A. Tambe | 2,022 | 10 | 6 | We think you’ll be as amazed as we are by the collective creativity, ingenuity and technical prowess of the . Out of thousands of applications, only 200 early-stage startups made the final cut, and you’ll find all of them — and only them — exhibiting on the show floor on October 18–20 in San Francisco. That’s a whol... |
Twitter’s edit button will reach all US subscribers by end of today | Sarah Perez | 2,022 | 10 | 6 | Just a few days after Twitter said its new “Edit” button to its paying subscribers in select markets, the company today announced the feature would begin to roll out to its U.S. audience through its Twitter Blue subscription. Previously, the edit button was being made available to Blue subscribers in Canada, Australi... |
Google Pixel 7 up close: The software’s the thing | Brian Heater | 2,022 | 10 | 6 | As with , we’ll be bringing more in-depth thoughts with a full review in the near future. Now, however, seems like as good a time as any to offer up some initial thoughts (and pictures) of the . First is the price. I suspect it’s not the first thing Google wants to discuss in regard to its new smartphones, but it’s i... |
Platforms beware: Politics won’t save you from antitrust legislation | Bradley Tusk | 2,022 | 10 | 6 | at different startups, we constantly ask ourselves the same question I imagine every venture fund does. Can Amazon do this? Google? Facebook? Apple? Microsoft? And then we ask whether any of those companies would likely buy the startup we’re considering. The vast majority of the time the answer is yes to the first que... |
Michigan is becoming the center of US battery manufacturing | Rebecca Bellan | 2,022 | 10 | 6 | Michigan, long the automotive manufacturing capital of the United States, is now getting pumped with investment both publicly and privately to build out a series of battery manufacturing plants that will power the wave of electric vehicles coming to market. The demand for domestically produced batteries has reached new... |
TikTok adds new editing tools to adjust clips, sounds, images and text | Aisha Malik | 2,022 | 10 | 6 | TikTok is introducing new editing tools to give users more creative freedom with their content, the company on Thursday. The new tools allow users to easily adjust clips, sounds, images and text. The changes announced today are now available to users in the U.S. and most regions globally, TikTok says. With the new to... |
Sequoia India eyes $50 million investment in K12 despite market slump | Manish Singh | 2,022 | 10 | 24 | Sequoia India is in advanced stages of deliberations to invest over $50 million in , a startup that offers a range of services to education institutions and also runs its own chain of schools, doubling down on a firm that it first backed over a decade ago, two sources familiar with the matter told TechCrunch. K12 Tech... |
Heura tucks into $20M funding chunk for its plant-based proteins ahead of beefier B round next year | Natasha Lomas | 2,022 | 10 | 24 | What’s going on with demand for plant-based meat? If you take a look at Barcelona-based the picture seems rosy — with the alt-protein startup claiming “non-stop” momentum and a near doubling of revenue from sales of its faux chicken, beef and pork products in the first half of 2022. Mid-year, the 2017-founded startup... |
54gene CEO steps down as the company looks to cut more jobs | Tage Kene-Okafor | 2,022 | 10 | 24 | 54gene co-founder and chief executive officer has stepped down from his executive role, the African genomics company confirmed to TechCrunch today. The three-year-old company has appointed General Counsel as interim CEO. She will be supported by Chief Operating Officer , the company said. Ene-Obong, on the other h... |
China’s XPeng moves closer to launching a robotaxi network | Rebecca Bellan | 2,022 | 10 | 24 | Chinese luxury EV startup XPeng is moving forward on its plans to launch a robotaxi business. The company’s latest G9 SUV became China’s first mass-produced commercial vehicle to pass a government-led autonomous driving closed-field test, the company said Monday at its fourth . When XPeng , the company said it would ... |
Launch House splits with law firm conducting its harassment investigation | Natasha Mascarenhas | 2,022 | 10 | 24 | It’s been a little over a month since , a buzzy venture-backed founder’s club backed by the likes of Andreessen Horowitz and Day One Ventures, publicly faced numerous allegations of harassment and assault. , the startup claimed that it would undergo an independent, third-party investigation. But Launch House have no... |
Top VCs have expanded into broader asset managers; is the model sustainable? | Connie Loizos | 2,022 | 10 | 24 | Last week at TechCrunch’s annual Disrupt event, this editor sat down with VCs from two firms that have come to look similar in ways over the last five or so years. One of those VCs was , a managing partner at General Catalyst (GC), a 22-year-old firm that began as an early-stage venture outfit in Boston and that now m... |
Apex Space takes on satellite bus ‘bottleneck’ with seed round led by a16z | Aria Alamalhodaei | 2,022 | 10 | 24 | , a startup that aims to transform satellite bus manufacturing, emerged from stealth Monday with a $7.5 million seed round led by Andreessen Horowitz. The Los Angeles-based company has set its sights on the satellite bus — the part of the spacecraft that hosts the payload — which it says is the “new bottleneck” hitting... |
Hyph set to launch a music creation app with an emphasis on remixing | Lauren Forristal | 2,022 | 10 | 24 | Music startup announced an upcoming mobile app, which aims to be a music creation and remixing tool for everyone to use. With the creator economy to be worth $100 billion, HYPH could be useful for the over 50 million people worldwide who identify as content creators. HYPH allows users to create original songs by ta... |
Daily Crunch: Mobile gaming review — Playing on the Logitech G Cloud with Shadow | Christine Hall | 2,022 | 10 | 24 | Good afternoon, and welcome to the final week of October! We’re confused how that happened. Haje is considering dressing up as “supply chain disruptions” for Halloween, whereas Christine is contemplating dressing up as a down round. What’s your spookiest startup-themed costume? Let us know on The Twitters! — and Haj... |
Google Pixel 7 Pro’s camera has a really dumb, totally avoidable flaw | Haje Jan Kamps | 2,022 | 10 | 24 | A lot has been written about how incredible Google Pixel 7 Pro’s camera is. The camera itself gets no beef from me. Last week at TechCrunch Disrupt, and I were gawking in amazement at how well the 5x optical zoom lens does, for example. We had plenty of opportunities to contrast and compare. During Disrupt, I was sho... |
null | Mike Butcher | 2,022 | 10 | 6 | null |
Telehealth unicorn Cerebral lays off 20% of staff for ‘operational efficiencies’ | Andrew Mendez | 2,022 | 10 | 24 | Cerebral is laying off 20% of its staff, citing an ongoing push for efficiency at the digital health unicorn. A spokesperson for Cerebral confirmed the layoffs to TechCrunch but did not share the specific number of employees affected. According to the , which first reported the news, and , some 400 people will lose t... |
Starlink signals could work as GPS alternative, whether SpaceX likes it or not | Devin Coldewey | 2,022 | 10 | 24 | With some 3,000 satellites in orbit, the Starlink constellation is easily the largest in history and of course presents an immense opportunity for global connectivity. But its signals could also be analyzed and used as an alternative to traditional GPS, a new paper claims, with or without SpaceX’s blessing. Todd Humphr... |
Max Q: The ghost in the machine | Aria Alamalhodaei | 2,022 | 10 | 24 | Hello and welcome back to Max Q. Disrupt is finally behind us, which can only mean one thing: We are officially counting down to TC’s Space event in December! In this issue: before, but during a presentation at Disrupt the company revealed how it has progressed considerably. The company, which was founded by friends... |
Why startups are better off prioritizing growth instead of optimizing cloud costs | Anna Heim | 2,022 | 10 | 24 | Everybody’s talking so much about cost optimization and extending runways that startups across the board are looking at every little expense as they seek ways to navigate the downturn. But some costs are better left untouched simply because the work involved may not be worth the payoff. According to , cloud costs are o... |
A closer look at macOS Ventura | Brian Heater | 2,022 | 10 | 24 | when a product launch falls when I’m on the road. I qualify that statement because, well, it’s one more thing to shoehorn into an invariably overloaded work trip. But there are some products that are just better tested on the road: laptops, earbuds, travel chargers and the occasional operating system. I’ve been runnin... |
The seas are getting even rougher for Chinese startups | Alex Wilhelm | 2,022 | 10 | 24 | was far from favorable for Chinese startups looking to raise money. Data shows that for upstart tech companies in the country, Q3 2022 was the worst time to raise venture capital since Q1 2020, with far less capital invested than either the rest of 2020 and 2021, or for most of 2018 and 2019. China is in seeing its ... |
US charges two alleged Chinese spies over plot to obstruct Huawei prosecution | Carly Page | 2,022 | 10 | 24 | The U.S. Department of Justice (DOJ) has unsealed charges against two alleged DPRC spies who are accused of attempting to obstruct a federal prosecution against Chinese telecommunications giant . In a criminal complaint dated October 20 and on Monday, the U.S. claims that two Chinese intelligence officers, Guochun H... |
Marvel drops first trailer for ‘Ant-Man and the Wasp: Quantumania’ | Lauren Forristal | 2,022 | 10 | 24 | Marvel released the first trailer for “ ” today, which gives fans a look at Jonathan Majors as Kang the Conqueror and, for some reason, Bill Murray. The superhero movie will premiere in theaters on February 17, 2023. Disney told TechCrunch that the film would likely stream on Disney+, but there’s no confirmed release d... |
TechCrunch wants to hear Black founders’ stories of VC fundraising | Dominic-Madori Davis | 2,022 | 10 | 24 | On Friday, TechCrunch venture capital data, and the news isn’t very good from a diversity point of view: Black founders raised a paltry $187 million out of the near $43 billion in this year. To put that into perspective, that’s only about 0.43% of the total investment made in the quarter. The story on Twitter abo... |
Bumble open sourced its AI that detects unsolicited nudes | Amanda Silberling | 2,022 | 10 | 24 | As part of its larger commitment to combat “cyberflashing,” the dating app Bumble is its AI tool that detects unsolicited lewd images. First debuted in 2019, Private Detector (let’s take a moment to let that name sink in) blurs out nudes that are sent through the Bumble app, giving the user on the receiving end the c... |
Why Q3’s median valuations actually make perfect sense | Rebecca Szkutak | 2,022 | 10 | 23 | top of mind for the entire venture industry this year as many VCs try to navigate their overvalued portfolios and founders scramble to conserve cash and grow into their lofty valuations. So one might have predicted that valuations would fall off a cliff this year. But that hasn’t happened because venture investing jus... |
Africa’s tech talent accelerators attract students, VC funding as Big Tech comes calling | Annie Njanja | 2,022 | 10 | 23 | increasingly looking for tech talent in Africa, where the number of developers reached 716,000 last year, up 3.8% from 2020, according to In the last six months, Microsoft and Amazon have been on a recruitment that came along with enticing offers including relocation to their hubs in the U.S. and Europe, endearing ... |
Meta announces legs, Hulu raises prices, and Microsoft embraces DALL-E 2 | Greg Kumparak | 2,022 | 10 | 15 | Hi, friends! It’s time for another edition of , the newsletter where we quickly recap the most read TechCrunch stories from the past seven days. Want it in your inbox every Saturday morning? : The company formerly known as Facebook held its Meta Connect conference this week, where it announced everything from a to ... |
Pay as you drive, or pay how you drive? | Anna Heim | 2,022 | 10 | 15 | TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. “There has been a lot of noise around UBI […] over the past few years. It was supposed to be the next big thing, but it hasn’t really taken off yet,” associate told TechCrunch. ‘s partner concurred with... |
Brex lands Coinbase as new software customer | Mary Ann Azevedo | 2,022 | 10 | 23 | Hellooo! I am writing this newsletter on the plane back to my home in Austin after being at Disrupt in San Francisco this week. It was my first IRL Disrupt, and even though I am on the team and was aware of all the planning and preparation behind the scenes, I was still blown away by how incredibly professional and wel... |
This Week in Apps: Play Store revamp, Google antitrust suit updates, BeReal’s real traction | Sarah Perez | 2,022 | 10 | 15 | 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 ... |
Starlink isn’t a charity, but the Ukraine war isn’t a business opportunity | Devin Coldewey | 2,022 | 10 | 15 | What appeared earlier this year to be a selfless act of technotopianism, the widespread deployment of Starlink terminals in Ukraine, has soured as SpaceX and governments disagree on who ultimately should foot the bill of this unprecedented aid campaign. Some expect Elon Musk — one of the richest men in the world — to c... |
An Apple Store in Oklahoma City votes to unionize | Amanda Silberling | 2,022 | 10 | 15 | A majority of retail workers at the Apple Store at Penn Square in Oklahoma City have voted to unionize. The second Apple Store to win union representation in the U.S., the workers voted 56-32 in favor of forming a union, and will be represented by the Communications Workers of America (CWA). Per National Labor Relation... |
Zombie startups | Natasha Mascarenhas | 2,022 | 10 | 15 | People leave jobs for all kinds of reasons, but when it’s a CFO departing a richly valued company as the company itself conducts layoffs, the exodus can be a sign of a larger issue. This was one of the takeaways I had when chatting with Continuum CEO and co-founder Nolan Church about a recent spree of CFO resignations,... |
An ‘ambitious’ new D&D game is on the way from Invoke Studios | Taylor Hatmaker | 2,022 | 10 | 12 | There’s a new D&D video game on the way from the Montreal studio formerly known as Tuque Games. Wizards of the Coast, which , has relaunched the Canadian game developer as Invoke Studios — a revamped company with a focus on crafting big games out of the considerable source material that comes with the territory. Invok... |
Truth Social debuts in the Google Play Store | Taylor Hatmaker | 2,022 | 10 | 12 | Though it’s been available for the iPhone for months, Truth Social is now listed in Google’s app marketplace . first reported Wednesday that Truth Social, former President Trump’s social network, cleared the necessary hurdles to get approval from Google. The app became available on Android shortly after and is now li... |
Are CFOs OK? (Answer: Yes, but CEOs? That’s complicated) | Natasha Mascarenhas | 2,022 | 10 | 15 | who knows a company’s inner workings like a chief financial officer. So, when three high-profile CFOs leave their jobs at richly valued, late-stage startups in quick succession, we notice it. This week, OpenSea CFO Brian Roberts left the web3 company the job. Days later, Brex CFO Adam Swiecicki the expense managem... |
null | Darrell Etherington | 2,022 | 10 | 24 | null |
Resonance is a new $150 million VC fund based in Paris | Romain Dillet | 2,022 | 10 | 12 | There’s a new VC fund in town — at least if you live in Paris. Meet Resonance, a new $150 million fund (€150 million) backed 100% by . You may already be familiar with Otium Capital. It is family office. Back in 2003, Stérin co-founded , the company behind many popular experience gift boxes. He still owns Smartbox ... |
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