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VC fundraising gets weird as autumn nears | Rebecca Szkutak | 2,022 | 9 | 11 | of 2022 broke fundraising records at VC firms, but at the same time, pretty much fundraising to slow to a trickle by the end of the year. And while it is slowing down, fundraising is also getting really weird. By weird, I mean largely unpredictable. According to Kari Harris, an attorney focused on firm fundraising a... |
Here are some of the cringiest revelations in the Elon Musk text dump | Amanda Silberling | 2,022 | 9 | 29 | A new, particularly juicy document has surfaced in discovery leading up to the Elon Musk v. Twitter trial, slated to take place in a few weeks. : A trove of texts between Musk and key figures at Twitter, like founder Jack Dorsey, board chair Bret Taylor and current CEO Parag Agrawal, and other casual chats with invest... |
Regulators appear to be growing increasingly wary of banks and fintech startups getting too cozy | Mary Ann Azevedo | 2,022 | 9 | 11 | At the end of last week, venture-backed robo-adviser snuck in an announcement that in which it was to be acquired by Swiss banking giant for $1.4 billion was scrapped. Instead, as TC+ editor Alex Wilhelm , UBS “invested $69.7 million in the company at a valuation that Wealthfront described as $1.4 billion.” The ... |
Why this Blizzard vet thinks the next killer web3 game will come from China | Rita Liao | 2,022 | 9 | 29 | This year, around 3.2 billion people — or about 40% of the world’s population — will play games, with total spending nearing $200 billion, estimates . The purveyors of web3 want a slice of this gargantuan market. of the first generation of crypto games, dominated by the play-to-earn model, have already been well doc... |
Amazon launches QVC-style livestream shopping in India | Manish Singh | 2,022 | 9 | 29 | Amazon has launched QVC-style livestream shopping in India, the company said Friday, broadening its offerings in the key overseas market where it has . The retail group has rolled out the new service, called Amazon Live, bringing an army of more than 150 creators to host livestreams and plug products in the videos. Th... |
mmhmm co-founders are building the great pyramid of hybrid work | Maggie Stamets | 2,022 | 9 | 29 | Welcome back to Found, where we get the stories behind the startups. When co-founded he spent tons of money making the perfect working environment with chic offices, a shuttle bus and headphones to block out all of his employees’ distracting co-workers. He’s since seen the work-from-home light and co-founded to m... |
SoftBank Vision Fund is reportedly laying off 30% of its workforce, or at least 150 employees | Kate Park | 2,022 | 9 | 29 | The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, according to a by Bloomberg. The news comes nearly two months after SoftBank chief executive officer and founder Masayoshi Son said the... |
GV aims to help build a company that can sniff out disease, literally | Connie Loizos | 2,022 | 9 | 29 | Alex Wiltschko has what he thinks is a big idea. He wants to build a company that digitizes scent. It’s a natural step for Wiltschko, who has a PhD in neurobiology from Harvard, where he studied how the brain processes odor. He didn’t wind up in this specific group accidentally, he suggests. It owes to a lifelong “obse... |
Google Colaboratory launches a pay-as-you-go option, premium GPU access | Kyle Wiggers | 2,022 | 9 | 29 | Google Colaboratory (Colab for short), Google’s service designed to allow anyone to write and execute arbitrary Python code through a web browser, is a pay-as-a-you-go plan. In its first pricing change since Google launched premium Colab plans in 2020, Colab will now give users the option to purchase additional compu... |
Truepill, a digital health unicorn, conducts fourth round of layoffs in 2022 | Natasha Mascarenhas | 2,022 | 9 | 29 | , a platform that helps other companies offer diagnostics, telehealth services and prescriptions, has conducted its fourth layoff of the year. Sources say the layoff impacted around 65% of the existing staff across the engineering, human resources, design, IT and finance teams. The layoff comes around two months after ... |
Daily Crunch: Google to sunset Stadia in January 2023, will refund hardware purchases | Christine Hall | 2,022 | 9 | 29 | Today we are mostly listening to acoustic covers of songs we love (a surprise , perhaps?), and mentally preparing ourselves for TechCrunch Disrupt. Which reminds us — did you know you can ? Don’t say we never did anything for you, dear reader! — and Eviation’s Alice electric aircraft , teasing a future in which ... |
House Democrats debut new bill to limit US police use of facial recognition | Zack Whittaker | 2,022 | 9 | 29 | A group of House Democrats has unveiled a new bill that aims to put limits on the use of facial recognition technologies by law enforcement agencies across the United States. Dubbed , the bill would compel law enforcement to obtain a judge-authorized warrant before using facial recognition. By adding the warrant requi... |
NASA and SpaceX are studying sending a private crew to boost Hubble’s orbit | Aria Alamalhodaei | 2,022 | 9 | 29 | SpaceX and NASA have signed a new agreement to study the feasibility of sending a commercial crew in a SpaceX Dragon to boost the orbit of the Hubble Space Telescope. If completed, the mission could extend the operational lifespan of the telescope by as much as 20 years. NASA officials cautioned that today’s news is no... |
FCC rules satellites must deorbit within 5 years of ending mission | Devin Coldewey | 2,022 | 9 | 29 | Satellites in low Earth orbit can’t linger too long after they’ve finished what they went there to do, according to new rules passed by the FCC today. Now there’s a , which should help keep the space debris problem more manageable in years to come. The FCC, for reasons beyond the scope of this article, is the de facto... |
The biggest moonshots from 500 Global’s latest Demo Day | Kyle Wiggers | 2,022 | 9 | 29 | It’s demo day season. This morning marked the kickoff of VC firm 500 Global’s Fall 2022 Demo Day, which saw over a dozen startups give their best pitches to prospective investors — and customers. Participants ran the gamut from fintech and sustainability to edtech and developer tools, and several stood out from the res... |
Mark Zuckerberg says Meta will freeze hiring and cut costs | Taylor Hatmaker | 2,022 | 9 | 29 | After a decade of explosive growth, the company formerly known as Facebook is planning to trim down. that Meta CEO Mark Zuckerberg announced plans to freeze hiring and restructure some groups within the company Thursday in an internal all-hands call. According to Bloomberg, Meta plans to shrink budgets widely within ... |
Twitter is adding a new TikTok-like full-screen video feature | Aisha Malik | 2,022 | 9 | 29 | Twitter is adding new features to make it easier for users to watch and discover videos on its platform, the social network on Thursday. Most notably, the company is launching a scrollable TikTok-like video feed. In the coming days, users on iOS will be able to click on a video in their feed to enter the new scrollab... |
null | Alex Wilhelm | 2,022 | 9 | 27 | null |
8 investors weigh in on the state of insurtech in Q3 2022 | Anna Heim | 2,022 | 9 | 29 | been among the biggest victims of the public market sell-off, especially those that went public in 2021. Notably, Metromile saw its valuation decline over 85% and was , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. All this M&A activity and repricing in the public insurtech... |
Tokenization is key to linking TradFi to the blockchain | Jacquelyn Melinek | 2,022 | 9 | 29 | more traditional institutions begin to dabble in digital assets, some believe the best way for both old-school finance and decentralized finance (DeFi) to grow together is through a cross-chain world and tokenization. At Chainlink’s 2022 conference, the “Bridging Traditional Finance and DeFi” panel discussed how int... |
It’s a sprint, not a marathon | Brian Heater | 2,022 | 9 | 29 | for you: How seriously should we take ? Perhaps a better way of framing it is: When do we take Amazon’s home robotics play seriously? I realize these sound like pointed questions, and I should specify that they’re not really specific to Amazon. They’re more a result of having been burned in the past. The road to the ... |
Tesla ordered to tell laid off workers about lawsuit | Jaclyn Trop | 2,022 | 9 | 16 | A U.S. District Court has ordered that Tesla must tell employees about a lawsuit alleging the automaker violated state and federal law by requiring workers to sign separation agreements. Two former Tesla employees filed the suit in July, alleging that the company required them to sign releases in exchange for less seve... |
VC Ann Miura-Ko is looking to help more students answer the question: Is this idea big enough? | Connie Loizos | 2,022 | 9 | 16 | Writing so few checks, particularly in a booming market, might prove frustrating to some investors. But over the years, it has forced Floodgate’s to sort through many thousands of pitches and identify those it thinks have the most potential. Now, co-founding partner Ann Miura-Ko and Tyler Whittle, a senior associate ... |
Meta’s Make-A-Video AI achieves a new, nightmarish state of the art | Devin Coldewey | 2,022 | 9 | 29 | Meta’s researchers have made a significant leap in the AI art-generation field , the creatively named new technique for — you guessed it — making a video out of nothing but a text prompt. The results are impressive and varied, and all, with no exceptions, slightly creepy. We’ve seen text-to-video models before — it’s ... |
Deep tech VC First Star plots a $40M third fund | Harri Weber | 2,022 | 9 | 16 | , backer of deep tech startups like and , aims to raise as much as $40 million for its third venture fund, TechCrunch has learned. Based in Cambridge, Massachusetts, First Star typically backs robotics, blockchain, AI and machine learning-focused startups at the early stage. The firm has not disclosed a first close ... |
Despite its many troubles, the insurtech market is ‘far from dead,’ investors say | Anna Heim | 2,022 | 9 | 29 | When insurtech company Metromile via a special purpose acquisition company (SPAC) in February last year, it was valued at over $1 billion. A year and five months later, Lemonade for less than $145 million. As the markets turned early this year, insurtech left most generalist investors’ playbooks almost as fast as M... |
Daily Crunch: All I can see is you — iOS 16 users enjoy new photo background removal feature | Christine Hall | 2,022 | 9 | 16 | Fridaaaaay! Today, we will mostly be , and contemplating all the weird and wonderful things that have happened this week. Because, by golly, has there been a lot of weird. And, for that matter, a lot of wonderful. One thing we are grateful for is you, our dear readers. Have a beautiful weekend. Get some rest, charge t... |
Parler forms a new parent company to offer ‘uncancelable’ cloud services | Taylor Hatmaker | 2,022 | 9 | 16 | One of the alternative social networks to emerge out of the is apparently going to try something new. Parler announced Friday that it has acquired a cloud company called Dynascale in order to expand its vision beyond offering an to provide infrastructure for businesses that run the risk of getting the boot from mai... |
Nanoracks cut a piece of metal in space for the first time | Aria Alamalhodaei | 2,022 | 9 | 16 | just made space construction and manufacturing history with the first demonstration of cutting metal in orbit. The technique could be critical for the next generation of large-scale space stations and even lunar habitats. The experiment was performed back in May by Nanoracks and its parent company Voyager Space, after... |
Launch House holds private town hall, says investigation is underway | Natasha Mascarenhas | 2,022 | 9 | 16 | In a town hall with some members of their community, addressed the harassment and assault allegations The startup, backed by a16z and Flybridge as well as a bevy of top investors, said that an independent investigation is underway. “We’ll let the investigation speak for itself, but we’re confident that it will show... |
Lynk may beat Starlink and Apple to the punch as FCC approves its space-based texting | Devin Coldewey | 2,022 | 9 | 16 | SpaceX and T-Mobile may have hogged the headlines with last month, and , but Lynk has been putting in the work and may very well steal their lunch with a satellite-to-phone connection that already works — with any device out there. In fact, they , meaning it’s just a matter of selecting a mobile network partner to ... |
null | Sarah Perez | 2,022 | 9 | 29 | null |
Most fintechs partner with banks; Varo became one, and says it’s paying off | Mary Ann Azevedo | 2,022 | 9 | 16 | |
This robot crossed a line it shouldn’t have because humans told it to | Kirsten Korosec | 2,022 | 9 | 16 | Video of a sidewalk delivery robot crossing yellow caution tape and rolling through a crime scene in Los Angeles went viral this week, amassing more than 650,000 views on Twitter and sparking debate about whether the technology is ready for prime time. It turns out the robot’s error, at least in this case, was caused b... |
Grocery delivery startups with low margins might drop IPO dreams for M&A reality | Christine Hall | 2,022 | 9 | 16 | of bananas and avocados from your favorite 15-minute grocery delivery company at 3 a.m. might be the greatest thing since sliced bread, but some of these companies are finding themselves in somewhat of a cost-related pickle in such a low-margin business. While covering the recent news of , Misfits Market founder and ... |
WhatsApp’s first original film to air on Prime Video and YouTube, NBA player Giannis Antetokounmpo stars | Lauren Forristal | 2,022 | 9 | 16 | Meta-owned messaging app is stepping into the film business. Earlier this week, WhatsApp its first original short film “Naija Odyssey,” which tells the story of NBA player Giannis Antetokounmpo, who was born in Athens, Greece to Nigerian parents. “Naija Odyssey” will premiere on Prime Video on September 21, 2022. T... |
Unsealed docs in Facebook privacy suit offer glimpse of missing app audit | Natasha Lomas | 2,022 | 9 | 16 | It’s not the crime, it’s the cover up… The scandal-hit company formerly known as Facebook has fought to keep a lid on the gory details of a third party app audit that its founder and CEO Mark Zuckerberg personally pledged would be carried out, , as he sought to buy time to purge the spreading reputational stain afte... |
Launch House’s community reacts to misconduct and harassment allegations | Natasha Mascarenhas | 2,022 | 9 | 16 | |
TechCrunch+ roundup: Growth activation metrics, 3 keys to Series B, pitch deck teardown | Walter Thompson | 2,022 | 9 | 16 | In his latest TC+ post, growth expert Jonathan Martinez looks at the grim realities of user acquisition. The plain fact is, few people who are motivated enough to make it all the way through a registration flow ever create any value. “Approximately 95.87% of iOS users drop off after day 30,” writes Martinez. “As a star... |
Adobe makes $20B bet on a collaborative future with Figma acquisition | Ron Miller | 2,022 | 9 | 16 | its intent to on Thursday, Adobe’s largest deal was its in 2018. Why go so far outside of its pricing comfort zone and pay twice as much as Figma’s most recent private valuation? The easy answer is that it’s about taking a potential rival off the market. Yes, is a similar product, but there could be more to this... |
How to create a due diligence road map for Series B investors | Gaetano Crupi | 2,022 | 9 | 16 | about the “holy trinity” of materials that startups should have in their Series B data room: memo, deck and forecast. These three key documents should do the heavy lifting of capturing attention and communicating information across the partnership with high fidelity. Now, I want to highlight how founders can tie these... |
After the Figma-Adobe deal, which design startups are acquisition targets? | Alex Wilhelm | 2,022 | 9 | 16 | software giant Adobe will for $20 billion was the single largest event in startup land this week, a surprise upset over . The transaction was notable not only for its scale — 11-figure deals create their own gravity — but also for the questions it raised. With Figma heading into Adobe’s arms, we are curious which s... |
Amazon Prime Video announces live-action ‘Blade Runner’ limited TV series | Lauren Forristal | 2,022 | 9 | 16 | “Blade Runner” is getting its own limited series on Prime Video. Amazon confirmed to TechCrunch that the streaming service announced today it greenlit “Blade Runner 2099,” the first time the sci-fi franchise is getting a live-action TV show. Last year, Adult Swim made an anime series called “Blade Runner: Black Lotus.”... |
E-commerce aggregator Una Brands gets $30M to acquire more APAC brands | Catherine Shu | 2,022 | 9 | 28 | , an e-commerce aggregator focused on brands in the Asia-Pacific region, announced the first close of its Series B round at $30 million today. The funding was led by White Star Capital and Alpha JWC Ventures. Headquartered in Singapore, Una Brands has a presence in Southeast Asia, Australia, New Zealand, China and the ... |
YouTube is gearing up to give Shorts creators a cut of ad revenue, report says | Aisha Malik | 2,022 | 9 | 16 | YouTube is gearing up to turn on stable monetization for Shorts, its short-form video product, according to a new report from The . YouTube plans to launch ads in YouTube Shorts with a revenue share for creators, according to audio from a YouTube all-hands meeting that was obtained by The New York Times. The Google-ow... |
Pigment raises another $65M to build the modern business planning platform | Romain Dillet | 2,022 | 9 | 28 | French startup has raised a new round of funding less than a year after raising a . If you’re not familiar with Pigment, the company develops a business planning and forecasting platform. For small companies that are growing, it can replace Microsoft Excel, as it’s more secure and more solid in general. For bigger c... |
‘Virtual ward’ startup Doccla gets Series A injection as it eyes AI tools | Natasha Lomas | 2,022 | 9 | 28 | , a Sweden founded but London-headquartered health tech startup that sells a remote patient monitoring platform to hospitals to run so-called ‘virtual wards’, has closed a £15 million (~$17M) Series A funding round a year after raising a . The Series A is led by US VC General Catalyst, with participation from funds ma... |
Tesla appoints Airbnb co-founder to board | Kirsten Korosec | 2,022 | 9 | 28 | Tesla has appointed Airbnb co-founder and billionaire Joe Gebbia to its board of directors, according to a securities filing. Gebbia, a designer who co-founded Airbnb, officially joined the board September 25 as an independent director. His appointment comes a few months after leaving day-to-day operations at Airbnb. H... |
Astra will no longer launch NASA’s TROPICS satellites | Aria Alamalhodaei | 2,022 | 9 | 28 | Rocket launch company Astra will no longer send the remaining NASA TROPICS payloads to space, but instead will launch other “comparable” scientific missions for the agency, the company announced Wednesday. The change to the launch agreement comes a little over three months after Astra’s first TROPICS launch after the... |
Florida’s Space Coast braces for Hurricane Ian | Aria Alamalhodaei | 2,022 | 9 | 28 | Florida’s Space Coast continues to make preparations for the extremely powerful and slow-moving Hurricane Ian, with officials rolling rockets back to the safety of hangars and delaying launches until the storm passes. The massive storm made landfall near Fort Myers Wednesday afternoon, coming in at just a few miles per... |
Daily Crunch: Fast Company hacker sends 2 ‘obscene and racist’ notifications to Apple News users | Christine Hall | 2,022 | 9 | 28 | With almost a hundred new stories on the site since the last Daily Crunch, we’re having a hard time picking the cream of the crop, but that’s what we dooooo. It’s been an Amazon and Google extravaganza over the past 24 hours, in addition to all the regular news stories our crack team of tech news sleuths have been ferr... |
The Startup Battlefield 200: Hardware, Robotics, AI+ML & Mobility + Transportation | Neesha A. Tambe | 2,022 | 9 | 28 | |
Inside the human cost of Better.com’s brutal layoffs | Mary Ann Azevedo | 2,022 | 9 | 28 | Better.com continues to lay off staff, and seemingly in as callous a way as possible. Indeed, whereas most companies try to avoid repeated layoffs, the outfit — which gained notoriety by over Zoom on December 1, 2021 — has since been laying off smaller groups very systematically, say sources. Asked about some of t... |
Instagram permanently disabled Pornhub’s account | Amanda Silberling | 2,022 | 9 | 28 | After a weeks-long suspension, Pornhub’s account has been permanently removed from Instagram. Instagram told TechCrunch that Pornhub has repeatedly violated community guidelines, prompting the account’s removal. Meanwhile, Pornhub declared in an to Meta and Instagram that Instagram’s enforcement of these platform rul... |
null | Aria Alamalhodaei | 2,022 | 9 | 16 | null |
Battery-swapping SPAC Gogoro secures $345M loan | Rebecca Bellan | 2,022 | 9 | 28 | Taiwanese battery-swapping company Gogoro has signed a $345 million five-year credit facility agreement in order to increase liquidity among uncertain economic conditions. The loan comes from a group of 10 syndicated banks led by Mega International Commercial Bank Co., according to a . Gogoro will use the funds to pay... |
Regie secures $10M to generate marketing copy using AI | Kyle Wiggers | 2,022 | 9 | 28 | , a startup using OpenAI’s GPT-3 text-generating system to create sales and marketing content for brands, today announced that it raised $10 million in Series A funding led by Scale Venture Partners with participation from Foundation Capital, South Park Commons, Day One Ventures and prominent angel investors. The fresh... |
Streaming service Epix will get a face-lift and relaunch as MGM+ in 2023 | Lauren Forristal | 2,022 | 9 | 28 | On the same day that Lionsgate renamed Starzplay to Lionsgate+, MGM’s Epix announced it would also get a “+” in its brand title. Epix, the ad-free streaming service, today that it will relaunch as MGM+ in early 2023. While the new name is hardly original, mainly the plus sign, the rebranding comes as streaming servic... |
BMW will use Amazon Alexa to build its next voice assistant | Kirsten Korosec | 2,022 | 9 | 28 | Amazon Alexa will be the foundation of BMW’s next-generation voice assistant, the companies announced Wednesday at Amazon’s annual Devices and Services launch event. The German automaker and Amazon have had a business relationship for years now; BMW started offering the Alexa assistant in select cars and the partners... |
Porsche to IPO in landmark listing Thursday | Jaclyn Trop | 2,022 | 9 | 28 | Porsche plans to go public on Thursday at a $73 billion valuation, catapulting the company to become the world’s fourth-most valuable automaker and netting billions of dollars for parent company Volkswagen to advance its drive toward electric vehicles. The initial public offering for Porsche AG on the Frankfurt Stock E... |
Vietnam to restrict which social media accounts can post news | Rita Liao | 2,022 | 9 | 28 | With the rising tide of fake news on social media platforms, the debate over how much control a government should have on online information is a perennial one. In Vietnam, the government is intensifying its control over the internet regime. The country is formulating new rules to control which types of social media ac... |
US senators aim to amend cybersecurity bill to include crypto | Jacquelyn Melinek | 2,022 | 9 | 28 | As regulators around the world try to provide frameworks for the digital asset industry, two U.S. senators have introduced a bill to help crypto companies report cybersecurity threats. U.S. senators Marsha Blackburn, Republican of Tennessee, and Cynthia Lummis, Republican of Wyoming, exclusively shared with TechCrunch ... |
Lyft freezes hiring in the US amid economic instability | Rebecca Bellan | 2,022 | 9 | 28 | Lyft has been canceling job interviews this week and is reportedly on a in the U.S., according to anonymous professional network and a report from . The freeze affects all departments in the U.S. and should last into next year as the ride-hail giant continues to face economic unpredictability. “Like many other com... |
Adobe buys Figma, Uber gets hacked, and Google shrinks Area 120 | Greg Kumparak | 2,022 | 9 | 17 | Hello, friends! Welcome back to , the newsletter where we quickly sum up the most read TechCrunch stories from the last sevenish days. The goal? Even if you’ve had a busy week, a quick skim of WiR should keep you in the (tech) loop. Want it in your inbox every Saturday? This week was a bit all over the place, with an... |
Amazon sheds some light on your would-be intruders with Blink Floodlight | Haje Jan Kamps | 2,022 | 9 | 28 | Weighing in at $100, Amazon’s new Blink Floodlight camera brings more brightness and smarts to its camera line. The company also launched a brand-new $30 Blink Mini Pan Tilt mount, giving security-conscious customers the ability to look around a bit more than before. The two new additions to the Blink family were launc... |
Our top 4 Tesla AI day predictions | Rebecca Bellan | 2,022 | 9 | 28 | Tesla’s second AI Day is fast approaching, and with it a flurry of speculations as to what will be discussed at the event — a phenomenon that we at TechCrunch are certainly not above. AI Day is the luxury electric vehicle maker’s annual event to hype up its artificial intelligence capabilities across different business... |
No money for shelfware | Anna Heim | 2,022 | 9 | 17 | TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. “SaaS sprawl is a natural consequence of the SaaS revolution,” TechCrunch contributors Mark Settle and Tomer Y. Avni last November. Paying for and managing myriad SaaS subscriptions may be natural, but it i... |
Community isn’t a buzzword, it’s a challenge | Natasha Mascarenhas | 2,022 | 9 | 17 | I first covered Launch House in Oct 2020, when the co-founders described a strong focus on inclusion when creating hacker homes. A co-founder said then, “I wouldn’t say we’re the next Y Combinator, but the next YC would look something like that.” The company soon went onto raise venture funding for its vision of what a... |
TC Sessions: Crypto is in Miami — and 5 more reasons students should go | Lauren Simonds | 2,022 | 9 | 17 | If you’re a university- or college-level student who believes the future of finance is crypto — or even if you’re just crypto curious — pack a bag and head to Miami for on November 17. Why? Well, for starters, TechCrunch (of and fame) brings its considerable talent for attracting the top technology founders, CEOs... |
Emerging managers should take advantage of the slower fundraising market by courting LPs | Rebecca Szkutak | 2,022 | 9 | 17 | for emerging venture managers to get on institutional investors’ radars. Many LPs already have long-term relationships in the asset class, and these investors frequently have lean teams with a long list of investment criteria. But as venture fundraising continues to slow, now may be the perfect time for emerging manag... |
This Week in Apps: iOS 16 takes off, TikTok clones BeReal, social cos go to Congress | Sarah Perez | 2,022 | 9 | 17 | 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 decreased. But overall, the app economy is... |
YouTube Shorts could steal TikTok’s thunder with a better deal for creators | Amanda Silberling | 2,022 | 9 | 17 | secret in short-form video has nothing to do with the algorithm. The secret is that you can’t get rich on TikTok, because even the most viral creators earn a negligible portion of their income from the platform itself. TikTok remains hugely dominant over the copycat short-form video feeds that competing social media g... |
The week an Apple event and YC Demo Day collided | Greg Kumparak | 2,022 | 9 | 10 | Happy Saturday, friends. Welcome back to , the newsletter where we very quickly sum up the most read TechCrunch stories from the past week. Want it in your inbox every Saturday AM? . This week saw two big events running in parallel: an . Either one of those on their own would generally lead our traffic for the w... |
What 227 Y Combinator pitches will teach you about startups | Natasha Mascarenhas | 2,022 | 9 | 10 | In some ways, Y Combinator’s biannual Demo Day is somewhat predictable: There will be Stanford dropouts, last-minute pivots, and, as always, promises of near-term profitability. We But one thing I can never guess ahead of time is the exact priorities of the season’s batch. Y Combinator stands by the fact that it backs... |
Has France cracked the YC recipe? | Anna Heim | 2,022 | 9 | 10 | TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. France was among the top five countries represented in YC’s S22 batch, with joining the accelerator’s latest cohort. That was fewer than the U.S., India, the U.K. and Israel. But it was more than Germany, w... |
How Zoho became a $1B company without a dime of external investment… | Ron Miller | 2,022 | 9 | 10 | fever dream goes something like this: You come up with a revolutionary idea for a startup in your dorm room. You quit school and take your idea to Sand Hill Road, where VCs shower you with cash. Your company grows quickly. You eventually get a valuation of over $1 billion and you go public to great fanfare. That’s the... |
Chain Reaction x Equity talk the Ethereum Merge | Anita Ramaswamy | 2,022 | 9 | 17 | If you are into web3, the biggest news of the week in tech was not the . No, the leading story of the last few days — arguably even the last few weeks — has been . The Merge, an upgrade to the Ethereum blockchain that moved it from a proof of work (PoW) to a proof of stake (PoS) system of consensus, was a long-awaite... |
This Week in Apps: Apple’s event brings a ‘Dynamic Island,’ new widgets and iOS 16 | Sarah Perez | 2,022 | 9 | 10 | 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 ... |
The Merge is upon us (and other TC news) | Haje Jan Kamps | 2,022 | 9 | 10 | This week on The TechCrunch Podcast we talked with about the Y Combinator Demo Day for the Summer 2022 cohort; the highs, the lows, the new management and whether the accelerator moving to be more in-person-focused is a help or a hindrance to its further-flung participants. Then, ever a crypto-sceptic at heart, I was... |
Stanford moonshot promises near-term profitability with no-code magical mushrooms, ft. Plaid of X | Natasha Mascarenhas | 2,022 | 9 | 10 | Hello and welcome back to , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. As you can tell by the headline of this episode, this is a bonus episode all about Y Combinator Demo Day (and the terms we heard most often during the two-day affair). and jumped on Twi... |
null | Devin Coldewey | 2,022 | 9 | 28 | null |
Sequence orders up $19M led by a16z for a new approach to B2B fintech | Ingrid Lunden | 2,022 | 9 | 19 | When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment. But at the same time, there’s been a growing trend for building more for the B2B market following the bigger enterprise swing in tech, and... |
Zopper raises $75 million to solve India’s insurance problem | Manish Singh | 2,022 | 9 | 19 | For more than half a decade, built a platform for small- and medium-sized businesses, helping merchants with invoicing and payments through its point-of-sale platform. It sold that IP to PhonePe in mid-2018, but instead of joining the fintech giant, Zopper has been working on a new venture from scratch and independen... |
Meta alumni’s startup TrueFoundry raises $2.3M to accelerate ML deployments | Jagmeet Singh | 2,022 | 9 | 19 | A group of former Meta engineers is building a platform to help enterprises deploy machine learning models at the speed of big tech companies. Their startup, , has raised $2.3 million in a funding round. The San Francisco, California–headquartered startup automates repetitive tasks in the machine learning pipeline to ... |
Max Q: Propulsive! | Aria Alamalhodaei | 2,022 | 9 | 19 | Hello and welcome back to Max Q. In this issue: …We are less than a month away from , which is returning live and in-person to San Francisco on October 18-20. (excluding online and expo). , which produces a modular electric propulsion system for small satellites, has The company aims to use the funds to build a ma... |
Daily Crunch: Rockstar’s whoopsie means you can get an early look at GTA 6 | Christine Hall | 2,022 | 9 | 19 | Happy Monday! We’re late to the party, but today . And maybe we’ve been practicing a little in front of the mirror. Shh, don’t tell anyone. While we have you: stretch. Take a breath. Let’s crash into this week and show it who’s boss! — and Everyone wants to get in on the AI image-generation action, but if you’ve be... |
Why Ford will have to eat an extra $1B in supplier costs this quarter | Kirsten Korosec | 2,022 | 9 | 19 | Ford said Monday that supplier costs will be $1 billion higher in the third quarter than expected due to rising inflation and persistent supply chain problems. Ford that supply shortages have caused a backlog of thousands of assembled, yet incomplete vehicles. Ford anticipates that between 40,000 and 45,000 unfinishe... |
OpenAI begins allowing users to edit faces with DALL-E 2 | Kyle Wiggers | 2,022 | 9 | 19 | After initially disabling the capability, OpenAI today announced that customers with access to can upload people’s faces to edit them using the AI-powered image-generating system. Previously, OpenAI only allowed users to work with and share photorealistic faces and banned the uploading of any photo that might depict ... |
TikTok’s BeReal clone is now available as standalone app outside the US | Sarah Perez | 2,022 | 9 | 19 | TikTok over the weekend launched , as a standalone mobile app across global markets outside the U.S., largely on iOS. The app offers a similar feature set to the TikTok Now experience being introduced into the U.S. TikTok app, But as an independent mobile app, it allows users to opt in to receive the push notificati... |
BeReal reportedly considers paid features in lieu of advertisements | Amanda Silberling | 2,022 | 9 | 19 | The viral photo-sharing app has accomplished something incredible, quickly racking up in a super saturated social market. It’s so popular that , and have all released new features that capitalize on what makes BeReal shine: its front-and-back camera set-up and its anti-addictive, once-per-day posting gimmick. ... |
How do you stop another Uber hack? | Zack Whittaker | 2,022 | 9 | 19 | Uber says its services are operational following that saw a hacker break into the company’s network and access systems that store vast troves of customer data. Uber said little about the incident until Monday. Screenshots of inside Uber’s network by security researchers in conversations with the hacker to internal ... |
Retail tech startup Swiftly valued at $1B after bagging another $100M | Christine Hall | 2,022 | 9 | 19 | entered unicorn territory after announcing today that it grabbed another round of $100 million, this time in a Series C. The new funding was led by BRV Capital Management. If you’re feeling some déjà vu, you would be right: this is the second $100 million the retail technology company has raised in the past six months... |
Ethereum drops more than 17% after ‘way overhyped’ Merge | Jacquelyn Melinek | 2,022 | 9 | 19 | , just a few minutes before 3 a.m. EDT, a long-anticipated upgrade to Ethereum was executed. Since then, the second most valuable blockchain’s cryptocurrency, ETH, has tumbled — and some are saying its price hasn’t bottomed out yet. When the upgrade, generally referred to as “the Merge,” transpired, ETH was priced at a... |
Video game coaching marketplace Metafy cuts 23% of staff despite doubling revenue | Natasha Mascarenhas | 2,022 | 9 | 19 | , a marketplace for video game coaching, laid off 23% of its staff last week, primarily impacting product, design and engineering teams, founder confirmed in an e-mail to TechCrunch. The layoff impacted 12 full-time employees. A Notion page has been from Tiger Global, Seven Seven Six, Forerunner, DCM and others. La... |
TC editors weigh in: Tech, trends and controversy in the cryptoverse | Lauren Simonds | 2,022 | 9 | 19 | There’s never a dull moment in the cryptoverse. Blockchain, DeFi and web3 technologies continue to evolve rapidly in a world of wild extremes. How extreme? Consider these two examples. The in a multi-billion-dollar crash-and-burn while traditional investment firm Andreessen Horowitz closes a . Then you have crypto’s... |
Productivity platform Loopin helps work teams wrangle meetings | Catherine Shu | 2,022 | 9 | 26 | Meetings are essential to helping teams, especially remote or hybrid ones, stay in touch. But too many meetings can become unproductive, as shared information and action items get buried underneath all the other stuff workers have to do. Productivity platform wants to help by integrating with work apps and gathering ... |
Tile rolls out ‘Lost and Found’ QR code stickers to complement its hardware lineup | Sarah Perez | 2,022 | 9 | 19 | After getting by Apple’s AirTag and late last year, lost item tracker Tile is launching a new product — and it’s not a hardware device. Today, the company introduced new “Lost and Found” labels, which are simply QR code stickers that you can place on anything that might go missing. By scanning the QR code, someone ... |
Insurtech gets more specialized, with products just for e-bikes and factory-built homes | Mary Ann Azevedo | 2,022 | 9 | 19 | As the greater insurtech industry continues to struggle, it will be interesting to see if specialty insurtechs such as these will succeed. |
Ideon Technologies digs up $16M Series A to use particle physics to find critical minerals | Tim De Chant | 2,022 | 9 | 19 | battery manufacturers have scrambled over the last few years to secure critical minerals supplies, a race that’s only gotten more intense as consumers snap up every EV that comes off the production line. Demand is so high that the International Energy Agency believes the critical minerals market will grow by the end... |
Ford drivers could get alerts from nearby pedestrians’ phones | Jaclyn Trop | 2,022 | 9 | 19 | Ford is working on a mobile app designed The app, scheduled to debut at the Intelligent Transportation Society of America’s World Congress in Los Angeles this week, uses Bluetooth Low Energy to send a location alert from a pedestrian or cyclist’s smartphone to passing Ford vehicles equipped with the latest infotainment... |
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