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Tencent lays off nearly all of staff at its gaming site Fanbyte | Amanda Silberling | 2,022 | 9 | 15 | The first rule of conducting layoffs is to about it. The second rule is to make sure the social media manager you just laid off doesn’t still have access to your accounts. Today, Tencent violated both of those rules as it laid off nearly all of the editorial staff at Fanbyte, an online gaming publication. Tencent is ... |
Rocket Lab celebrates 30th launch and 150th satellite sent to orbit | Devin Coldewey | 2,022 | 9 | 15 | by Rocket Lab, “The Owl Spreads Its Wings,” was as unremarkable as a rocket going to orbit can be, but it also marked a few milestones for the growing space company: 30 launches and 150 satellites taken to space. The company’s first trip to orbit , technically Electron’s second test flight but the first successful de... |
Private equity’s gatekeepers get serious about tokens | Lucas Matney | 2,022 | 9 | 15 | Welcome to , where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday episode this week, we dug into the institutional embrace of blockchain by stodgy financial powerhouses including mega PE firm KKR which announced this week ... |
Daily Crunch: Adobe snaps up Figma in proposed $20B deal that has some scratching their heads | Christine Hall | 2,022 | 9 | 15 | Happy Thursday! Has everyone recovered from ? Don’t worry, Zoom is back up, but if anything, we hope it helped you have a quieter day…for a while at least. — and Today, has been running around at Micromobility America. They insist on using the MMA acronym, so he’s expecting a fist to the face any moment, but so ... |
FTC sets its sights on ‘unfair, deceptive, and anticompetitive practices’ in gig economy | Devin Coldewey | 2,022 | 9 | 15 | The Federal Trade Commission is for “deceptive, unfair, and otherwise unlawful acts and practices.” Whether it’s forced arbitration, labor misclassification, or algorithmic pay and job distribution, the agency says it will go after any dubious tactics that hurt workers. To be clear, a “statement of policy” like that ... |
CFPB signals that regulation is coming for BNPL | Kyle Wiggers | 2,022 | 9 | 15 | In a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting that companies like Klarna and Afterpay, which allow customers to pay for products and services in installments, must be subjected to stricter oversight. The CFPB — i... |
Anki’s spiritual successor hits Kickstarter with some impressive moves | Brian Heater | 2,022 | 9 | 15 | Like a number of attendees, I was when I first saw it a few CESes ago. We’re all up to our ears in “educational” robotics kits. STEM learning is important, of course, but the last several years have seen a veritable explosion in these sorts of toys, and your mileage is going to vary a good bit, based on the line. Wha... |
Unagi throws in the towel on its $700K Model Eleven scooter Indiegogo campaign | Haje Jan Kamps | 2,022 | 9 | 15 | Although 345 backers dug into their pockets to the tune of more than $700,000, — the Model Eleven — will never see the light of day. The company is offering its backers three options to make up for it, including a full refund, or a different model electric scooter. Hardware can be excruciatingly hard — I should know,... |
null | Mary Ann Azevedo | 2,022 | 9 | 23 | null |
Unagi launches the updated Model One Voyager, a subscribable scooter | Haje Jan Kamps | 2,022 | 9 | 15 | is perhaps best known for its Model One and its ( ) Model Eleven scooter. Today, the company announced it has a new micromobility transportation tool in the works, the Voyager. It packs significantly more range, power, acceleration and smart mobile app features while keeping the lightweight and portable design of its ... |
Amazon’s live radio app Amp is launching a new creator fund | Aisha Malik | 2,022 | 9 | 15 | Amazon’s is launching a that is designed to reward creators who create engaging shows and build loyal audiences. A spokesperson from Amazon told TechCrunch that Amp has allocated “millions of dollars” to pay creators through monthly rewards but didn’t provide an exact figure. The company says the range of payments ... |
Now that the Ethereum Merge is behind us, what’s next? | Jacquelyn Melinek | 2,022 | 9 | 15 | its highly anticipated shift from proof-of-work (PoW) into (PoS) in a process known as the Merge. The plan was years in the making and has undergone a seemingly endless series of tests and tinkering. It finally happened after being one of the most anticipated and talked-about events in the crypto world this year. ... |
Plant-based leather pushes Allbirds’ new silhouette into classier territory | Tim De Chant | 2,022 | 9 | 15 | The sneaker world has a dirty secret — the carbon footprint of just about every shoe out there weighs more than the shoe itself. Then there’s the extensive use of plastics and polyesters, foam and rubber, nearly all of which is derived from fossil fuels. Those clean kicks might not be so clean after all. Recently, thou... |
The Apple Watch SE isn’t as much of a compromise as you might think | Brian Heater | 2,022 | 9 | 15 | the casual reader to learn that I don’t run a trillion-dollar multinational corporation. Like any decent tech writer, however, I’m more than happy to offer all my opinions on the matter in a very public forum. Having most closely followed hardware makers over the years, I’m often struck by one specific subject in part... |
Institutions investing in crypto haven’t ‘wavered one inch,’ LMAX CEO says | Jacquelyn Melinek | 2,022 | 9 | 15 | by crypto assets continuing to trade far below all-time highs, LMAX Group CEO David Mercer told TechCrunch. Even though the total crypto market capitalization has fallen from over $2 trillion at the beginning of the year to about today, institutional investors “haven’t wavered one inch,” Mercer said. “It hasn’t gone... |
Splatoon is the video game version of those ASMR-like ‘oddly satisfying’ videos | Amanda Silberling | 2,022 | 9 | 15 | is a simple game: You’re a squid- or octopus-like humanoid in a post-apocalyptic world, and all you wanna do is shoot people with colorful ink and buy cute outfits. I had never played a Splatoon game before Splatoon 3 was released last week, but my friends were all hyping it up, so I jumped in. There’s not a ton of ba... |
Polywork lands $28 million more to add hyphens to your job title | Natasha Mascarenhas | 2,022 | 9 | 15 | Stop trying to make Polywork happen. It’s already happening. You may even be polyworking as you read this. is a venture-backed startup that is building a professional network to help people express their multihyphenated work lives. In other words, if you’re a reporter, who also podcasts, wants to write a book and woul... |
‘Top Widgets’ soars to No. 1 on the App Store, displacing BeReal, as iOS 16 customization takes off | Sarah Perez | 2,022 | 9 | 15 | As iOS 16 Lock Screen customization takes off, an iPhone personalization app called has soared to the No. 1 spot on the U.S. App Store’s top free apps list, displacing BeReal. The Sichuan, China-based app maker first introduced Top Widgets in August 2020 to capitalize on the introduction of with the release of iOS ... |
How WhiteLab Genomics is using AI to aid gene and cell therapy development | Paul Sawers | 2,022 | 9 | 12 | French biotech company Founded out of Paris in 2019, recent WhiteLab Genomics provides gene and cell therapy companies with predictive software simulations to expedite the design of gene and cell therapies. Gene therapy, for the uninitiated, is an emerging treatment that involves replacing missing or defective genes... |
Pitch Deck Teardown: Helu.io’s $9.8M Series A deck | Haje Jan Kamps | 2,022 | 9 | 15 | a huge pain where the don’t shine? Financial reporting, planning and analysis. I often go on and on ( ) about startups not getting their financials and operating plans right in their startup pitch decks, so … not gonna lie, I picked Austrian startup , which completed a in the hope that a company that focuses exclu... |
Vedanta and Foxconn sign agreement with Indian state for $20 billion semiconductor unit | Manish Singh | 2,022 | 9 | 12 | Indian oil-to-metals conglomerate Vedanta and global manufacturing giant Foxconn have signed a memorandum of understanding with the Indian state of Gujarat to set up a $20 billion semiconductor and display unit in the coastal state that is home of Prime Minister Narendra Modi, officials said Tuesday. Foxconn will bring... |
The SEC revealed today that it charged VMware with fraud . . . and then settled for next to nothing | Connie Loizos | 2,022 | 9 | 12 | The world of enterprise software is often a little staid. Not today, however. The Securities and Exchange Commission today said it has charged the cloud computing giant VMware for “misleading investors about its order backlog management practices, which enabled the Palo Alto, California-based technology company to push... |
Labor pains | Brian Heater | 2,022 | 9 | 15 | from Queens. I’m back home from Apple and happy to be back from the high double-digit heat (but it was a dry heat!). I got a strong response from last week’s newsletter, wherein we discussed questions around robotic delivery. Always nice to be reminded that people are, in fact, reading this thing we put out into the w... |
Max Q: The waiting game | Aria Alamalhodaei | 2,022 | 9 | 12 | Hello and welcome back to Max Q. In this issue: … finally returns — live and in person — to San Francisco on October 18-20. (excluding online and expo). NASA said it is looking to attempt the launch of the Artemis I mission on September 23 and 27, dates far enough away that the agency will hopefully have enough tim... |
Daily Crunch: New Starbucks Odyssey loyalty program ‘happens to be built on blockchain and web3’ | Christine Hall | 2,022 | 9 | 12 | Happy new week, startup nerds! Tomorrow (Tuesday), we have not one, but two Twitter Live events happening, and we’re excited about both of ’em. At 8:00 a.m. PDT / 11:00 a.m. EDT, with about why Gen Z VCs are trash, and at 12:00 p.m. PDT / 3:00 p.m. EDT, we’re talking with M13 partner about what today’s founders c... |
Peloton co-founders resign amid company shakeup | Brian Heater | 2,022 | 9 | 12 | As exercise demands shifted away from the gym amid pandemic-related shutdowns, Peloton hit heights experienced by precious few tech firms. That made the connected fitness company’s crash down to Earth all the more jarring. In February, co-founder as CEO amid a 2,800-person layoff. Spotify CFO Barry McCarthy stepped i... |
Cruise to launch robotaxi services in Austin, Phoenix before end of 2022 | Rebecca Bellan | 2,022 | 9 | 12 | GM’s self-driving technology unit Cruise will launch commercial robotaxi services in Austin, Texas and Phoenix — two hot spots for autonomous vehicle development — “in the next 90 days and before the end of 2022,” Cruise CEO and co-founder Kyle Vogt said Monday, The services will initially be small scale, but from the ... |
Magna enters the micromobility and battery swapping market | Rebecca Bellan | 2,022 | 9 | 12 | Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. The company invested $77 million in Yulu, an Indian shared micromobility operator, and plans to jointl... |
Want a Tesla Solar Roof? You may need to shell out for a Powerwall first | Harri Weber | 2,022 | 9 | 12 | At Tesla, the company’s stock price apparently isn’t the only thing that’s climbing lately. sales are also poised to rise, now that the automaker’s big batteries are reportedly a prerequisite for Solar Roof installations. The requirement is new as of September, and it comes as Tesla at its Nevada factory, per . Tes... |
Is the glass half-empty or half-full in the seed market? | Alex Wilhelm | 2,022 | 9 | 12 | indicates that valuations for very early-stage startups are holding up better than we might have expected in the current slowdown. But while it appears that the price at which investors are willing to put capital into various startup sectors is at times becoming more expensive, the pace at which deals are happening ... |
25+ iOS 16-ready apps featuring Lock Screen widgets you can try today | Sarah Perez | 2,022 | 9 | 12 | One of the major changes with is the ability for users’ to now , in addition to adding widgets to the Home Screen, which had . However, outside of built-in widgets for Apple’s first-party apps like Calendar, Clock, Fitness, Home, News, Reminders and others, this new feature relies on developer adoption. Fortunately... |
All the nifty iOS 16 features you want to know about | Ivan Mehta | 2,022 | 9 | 12 | Apple is rolling out the iOS 16 updates to all users today. The newest version of the company’s mobile operating system has like customization of the Lock Screen, an improved Messages app with the ability to unsend messages and a Mail app with scheduling abilities. However, there are tons of small enhancements Apple ... |
null | Sarah Perez | 2,022 | 9 | 15 | null |
iOS 16 turns your iPhone into a more personal device | Romain Dillet | 2,022 | 9 | 12 | 16 is the version that comes after iOS 15. But in reality, iOS 16 finishes the work that started with iOS 14. This year’s update to Apple’s mobile operating system is all about making your phone more personal. With , Apple revamped widgets. It led to a new wave of apps that help you the home screen. People started ... |
Apple’s iOS 16 is now available to download | Romain Dillet | 2,022 | 9 | 12 | Apple has just released the new version of iOS, the company’s operating system for the iPhone. is a free download and it works with the iPhone 8 or later, as well as the the second- and third-generation iPhone SE. The main change in iOS 16 is a brand new Lock Screen. You can customize how it looks and feels in severa... |
EU urged to reject ‘weak’ Amazon offer to end antitrust probe | Natasha Lomas | 2,022 | 9 | 12 | A series of commitments offered by Amazon in the EU, where regulators are investigating competition concerns linked to its use of third-party data, has been dubbed “weak, vague and full of loopholes” in a critical submission signed by a dozen civil society and digital rights groups, non-governmental organizations and t... |
Big hopes for the upcoming Ethereum Merge | Alex Wilhelm | 2,022 | 9 | 12 | It’s going to be a big week for the crypto market. On Thursday, , moving one of the largest and most important blockchains in the world away from its current proof-of-work setup to a proof-of-stake model. The technical change brings with it a wealth of questions, including what sort of precedent it sets for rival bloc... |
Movie and TV app ReelTime helps you track your viewing, check ratings and more | Lauren Forristal | 2,022 | 9 | 12 | It’s not easy to keep up with all the content being released to dozens of streaming services. However, TV tracker apps make our binge-watching habits a little more manageable. is an app for iOS device users who want to track TV shows and movies that they’ve streamed, content they’re currently watching and titles they... |
Tighter VC capital forces AI startups to face the music | Kyle Wiggers | 2,022 | 9 | 12 | arrived early for AI and machine learning startups. After years of rosy projections, growth and investor enthusiasm, a new from PitchBook shows that VC activity in the AI sector declined precipitously over the past few months. Deal value growth in AI startups was down 27.8% quarter over quarter in Q2 2022, with over... |
iOS 16 lands today with these five new security and privacy features | Zack Whittaker | 2,022 | 9 | 12 | Apple’s long-awaited lands Monday with new security and privacy features, aimed at , protecting users and that let hackers break into your online accounts. Here’s a rundown of what to expect to see after you install. A new security feature, temporarily switches off certain core features of your iPhone that are... |
South Korea issues arrest warrant for Do Kwon, Luna drop nearly 50% | Manish Singh | 2,022 | 9 | 13 | A court in South Korea has issued an arrest warrant for Do Kwon, the founder of Terraform Labs, escalating its probe into the crypto ecosystem whose two tokens in a span of days earlier this year. LUNA, the new token of the , dropped as high as 48.4% to $2.23 apiece on the news, which was earlier by local media Yo... |
CoverSelf’s customizable platform simplifies the healthcare claims system | Catherine Shu | 2,022 | 9 | 13 | The U.S healthcare system is infamously labyrinthine, with a lengthy claims process that results in frequent errors and high administrative costs. Headquartered in Bangalore and San Francisco, is building a cloud-native platform to improve payment integrity (or the process of making sure healthcare claims are paid ac... |
Don’t leave your Meta Quest Pro prototype in your hotel room | Amanda Silberling | 2,022 | 9 | 12 | Looks like someone made a booboo. A video game streamer in Mexico, , claims to have found an engineering prototype of the Meta Quest Pro in . Per Cardenas’ leaked videos and photos, the new virtual reality hardware surpasses the current, by adding three cameras on the front of the headset. The controllers also have... |
Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes | Catherine Shu | 2,022 | 9 | 13 | , the Southeast Asian digital financial services group created by the , announced today that it has raised a total of $100 million in Series C funding. This includes $75 million in equity and a $25 million debt facility. The equity investment came from returning investors Tiger Global, DST Global Partners, B Capital, ... |
Canva moves beyond graphic design to launch a visual worksuite | Amanda Silberling | 2,022 | 9 | 13 | is further establishing itself as more than just a user-friendly graphic design tool. The Australian company announced at its Canva Create event that it will unveil a suite of new products to round out its product offerings: Canva Docs, Canva Websites, Canva Whiteboards and Data Visualization, which comes from its acq... |
Astrobotic expands with acquisition of Masten Space Systems | Aria Alamalhodaei | 2,022 | 9 | 13 | Pittsburgh-based Astrobotic has acquired Masten Space Systems after the latter company at the end of July. The acquisition comes following a successful $4.5 million bid for Masten’s assets in a Delaware bankruptcy court earlier this month. The acquisition includes Masten’s substantial portfolio of space technologies,... |
AC Ventures reaches first close of a $250M fund for Southeast Asian startups | Catherine Shu | 2,022 | 9 | 13 | , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). The fund is targeting $250 million and has raised 65% of that capital so far, mostly from limited partners who invested in ACV’s previous funds. Fund V has alr... |
null | Rebecca Bellan | 2,022 | 9 | 12 | null |
Daily Crunch: Xeneta raises $80M to build out its real-time analytics platform for shipping and air freight | Christine Hall | 2,022 | 9 | 13 | The incomparable just celebrated 15 years at TechCrunch. You get less for murder these days, so that’s a hell of a milestone, and (as far as we know) he didn’t even seriously maim, far less murder, anyone. Awesome work, Mike. Glad to have you here with us! — and Meta Platforms is looking at India’s burgeoning star... |
VC still requires in-person connection, argues Madrona’s Matt McIlwain | Connie Loizos | 2,022 | 9 | 13 | In downtown Seattle, offices are only 42% as full as they were before the pandemic, according to cited late by The Seattle Times. It’s a problem, suggests Matt McIlwain, who has been a managing director at the early-stage venture firm in Seattle for 22 of its 27 years. “Nobody has figured out hybrid work yet, whic... |
Patreon lays off 17% of staff, affecting 80 employees | Amanda Silberling | 2,022 | 9 | 13 | The creator subscription company Patreon is the latest company to be affected by a of . CEO Jack Conte wrote in — cross-posted to Patreon’s blog — that 17% of the staff will be laid off. This affects the Go-to-Market, Operations, Finance and People teams. Patreon will also close its Berlin office, which worked on ... |
3 investors explain why earned wage access startups are set to cash more checks | Karan Bhasin | 2,022 | 9 | 13 | good to get paid, so it’s no surprise that a payroll model like earned wage access (EWA), which lets employees withdraw their accrued wages at any time, has exploded in popularity. The pandemic certainly played a big role in helping people understand the benefits of being able to treat their accrued salaries like a sm... |
Wegmans discontinues its in-store scan-and-go mobile app, citing high losses | Lauren Forristal | 2,022 | 9 | 13 | Wegmans, the popular supermarket chain, will kill off its in-store scan-and-go app this Sunday, September 18, 2022. The company of the news in an email yesterday, stating that it experienced too many losses from the program to continue making the mobile app available to users. “Unfortunately, the losses we are expe... |
Instagram is internally testing a new monetization feature for creators called ‘Gifts’ | Aisha Malik | 2,022 | 9 | 13 | Instagram is internally testing a tipping feature that would give creators a new way to make money on the social network. The test feature is called “Gifts” and would enable creators to earn money through Reels. The news was first reported by . When asked about the feature, a Meta spokesperson told TechCrunch in an em... |
LatAm’s Gen-t is working to enrich biotech with Brazilian genomic data | Andrew Mendez | 2,022 | 9 | 13 | Improving the diversity of global genomic data could hasten medical breakthroughs — and that’s the goal of , a Brazilian startup working to infuse biotech with genetic data from the country’s population. For Lygia da Veiga Pereira, founder of the company, she said it’s more than just building a company, it’s about adv... |
Is earned wage access ushering in a new era of payroll management? | Karan Bhasin | 2,022 | 9 | 13 | Payroll is one area of business that’s been ripe for innovation and disruption for a while now. On the surface, it may not look like something that really requires any major changes. After all, it’s worked well enough so far: You work your hours and you get paid every fortnight or month. The machines kept ticking witho... |
Why this consumer investor is switching VC firms after making partner last year | Natasha Mascarenhas | 2,022 | 9 | 13 | of the few Latina investors at a partner level within the often homogenous world of venture capital, is shaking things up. The investor tells TechCrunch that she is leaving , a pre-seed venture firm that bets on immigrant founders, after seven years to become a partner at , a seed-stage firm focused on data-driven d... |
Starbucks and DoorDash launch delivery partnership, will expand offering nationwide in 2023 | Aisha Malik | 2,022 | 9 | 13 | Starbucks is adding a new delivery partner, as the coffee giant has entered into a partnership with DoorDash that will expand nationally in 2023, the companies confirmed to TechCrunch on Tuesday. The two companies are currently testing delivery in Atlanta and will begin testing the offering in stores in Sacramento and ... |
A terrifying AI-generated woman is lurking in the abyss of latent space | Devin Coldewey | 2,022 | 9 | 13 | in the machine. Machine learning, that is. We are all regularly amazed by AI’s capabilities in writing and creation, but who knew it had such a capacity for instilling horror? A chilling discovery by an AI researcher finds that the “latent space” comprising a deep learning model’s memory is haunted by least one horrif... |
Honda’s EV motorcycle offensive includes one just for kids | Jaclyn Trop | 2,022 | 9 | 13 | Honda plans to launch at least 10 all-electric motorcycles by 2025, including one for children, as demand for business-use bikes rises worldwide. The world’s largest motorcycle manufacturer said Tuesday that it’s targeting annual sales of 1 million electric motorcycles within the next five years. It announced a number ... |
Twitter shareholders approve Elon Musk’s $44 billion buyout offer | Taylor Hatmaker | 2,022 | 9 | 13 | Elon Musk might have about his , but the company’s shareholders are still here for it. The acquisition cleared one remaining hurdle Tuesday, with most shareholders voting to accept the $44 billion deal that Musk himself is now trying to get out of. The shareholder vote comes the same day that former Twitter security... |
High-end speaker manufacturer Devialet raises $50 million | Romain Dillet | 2,022 | 9 | 13 | French startup has raised a new $50 million (€50 million) funding round from two existing investors — Crédit Mutuel Equity and Bpifrance’s Large Venture fund — and a new mysterious Asian investor. Devialet doesn’t want to share the name of this new investor. All I know is that it’s an industrial company based in Chin... |
Virtual Internships matches students with top companies around the world | Catherine Shu | 2,022 | 9 | 14 | Remote work struck down barriers for many employees, and now is doing the same for university students around the world by partnering with over 12,000 companies from 100 countries. The edtech startup announced today it has raised a $14.3 million Series A led by Hambro Perks, with participation from Sequoia India and ... |
Reusable packaging startup Olive creates new model to keep clothes out of landfills | Christine Hall | 2,022 | 9 | 14 | When , it aimed to eliminate waste from online shopping by enabling consumers to order from multiple sites and get products in one reusable package. Today, the company relaunches itself in the business-to-business space to work initially with apparel retailers on establishing a circular economy that delivers clothing ... |
Indonesian crypto platform Reku is built for both new and experienced traders | Catherine Shu | 2,022 | 9 | 14 | Cryptocurrency transactions in Indonesia , according to the country’s commodities futures trading agency. Crypto exchange and marketplace has been riding the wave with what it says are the lowest fees on the market, and a platform that is aimed at both newcomers and experienced traders. Today, the startup, founded i... |
Walmart introduces virtual try-on tech which uses customers’ own photos to model the clothing | Sarah Perez | 2,022 | 9 | 14 | Walmart is expanding its support for AI-powered virtual try-on technology that allows online shoppers to better visualize clothing on models that look like themselves in both appearance and body type. Before, Walmart.com customers to find one who best looked like them in order to see how clothing would likely look on... |
VCs look the other way as they give $205M more to Verkada, whose tech has been abused repeatedly | Connie Loizos | 2,022 | 9 | 14 | , a six-year-old, maker of building security tools — it sells video security cameras, door-based access control, environmental sensors and alarms, all connected on a cloud-based platform — just raised $205 million in Series D funding at what it says is a $3.2 billion valuation. Altogether, Verkada has raised $360 milli... |
Sigmoid raises $12 million to scale its data engineering and analytics platform | Jagmeet Singh | 2,022 | 9 | 14 | , a startup helping firms in the U.S., U.K. and Europe comb through their data and derive better insights from it, has raised $12 million in a new financing round following a strong year of growth, it said Thursday. Sequoia Capital India led the San Francisco-headquartered startup’s Series B funding, which included som... |
California attorney general accuses Amazon of anti-competitive pricing | Kyle Wiggers | 2,022 | 9 | 14 | California’s attorney general, Rob Bonta, has a lawsuit against Amazon for allegedly anti-competitive pricing in violation of the California Unfair Competition Law and the Cartwright Act, California’s primary antitrust law. The complaint, filed in San Francisco Superior Court, accuses the company of contractually pro... |
Majority, a mobile bank for migrants, closes third venture round in just over a year | Natasha Mascarenhas | 2,022 | 9 | 14 | Nine months after raising a Series A round, has raised tens of millions in both equity and debt financing for its mobile bank for migrants. The fintech announced today that it has raised a $37.5 million Series B, $30 million of which is in equity financing led by and other existing investors, and the remaining $7.5... |
Morpheus Space’s satellite thrusters are propelled forward with a $28M Series A | Stefanie Waldek | 2,022 | 9 | 14 | The booming satellite industry has been a boon for , which produces a modular, electric propulsion system for small satellites. Morpheus has , with which it intends to build a factory in Dresden, Germany, where it’s based, and to increase headcount. That will allow the company to ramp up production of its propulsion ... |
Jeep turns to its heritage for newest and cheapest plug-in hybrid Wrangler | Kirsten Korosec | 2,022 | 9 | 14 | Jeep unveiled Wednesday the latest plug-in hybrid to join its lineup, a vintage-inspired Jeep Wrangler Willys 4xe that is the brand’s most affordable trim to date. The Willys 4xe, which debuted Wednesday at the 2022 Detroit Auto Show, has a base price of $53,995, excluding any tax credits or the $1,595 destination fee.... |
Daily Crunch: Twilio CEO: Laying off 11% of company’s workforce is ‘wise and necessary’ | Christine Hall | 2,022 | 9 | 14 | Oh heeeeeey. So excited to see you again, glad to have you with us. It’s been a busy news day on the site, and we’re particularly excited to share with y’all. Oh, and did you know we’ve managed to convince our marketing team to let you have 15% off TechCrunch Disrupt tickets, just for being a Daily Crunch reader? w... |
Codi lands $16 million, led by a16z, to prove that we never really actually liked co-working | Natasha Mascarenhas | 2,022 | 9 | 14 | We know that long-term leases aren’t the move anymore, but San Francisco–based has a hotter take: neither is co-working. The company, co-founded by and , began in 2018 to create more flexible office space for companies whose employees want private, flexible workspaces. These days, the startup’s most disruptive beli... |
Perceptron: AI that lights up the moon, improvises grammar and teaches robots to walk like humans | Devin Coldewey | 2,022 | 9 | 14 | Research in the field of machine learning and AI, now a key technology in practically every industry and company, is far too voluminous for anyone to read it all. This column, , aims to collect some of the most relevant recent discoveries and papers — particularly in, but not limited to, artificial intelligence — and ... |
Meta, TikTok, YouTube and Twitter dodge questions on social media and national security | Taylor Hatmaker | 2,022 | 9 | 14 | Executives from four of the biggest social media companies testified before the Senate Homeland Security Committee Wednesday, defending their platforms and their respective safety, privacy and moderation failures in recent years. Congress managed to drag in a relatively fresh set of product-focused executives this time... |
TikTok claims it’s not collecting US users’ biometric data, despite what privacy policy says | Sarah Perez | 2,022 | 9 | 14 | Last year, TikTok to allow the app to collect biometric data on U.S. users, including “faceprints and voiceprints” — a concerning change that the company declined to detail at the time or during held last October. Today, the tech company was again asked about its intentions regarding this data collection practice d... |
Lido, Coinbase, Kraken and Binance stake majority of ETH. Does that matter? | Jacquelyn Melinek | 2,022 | 9 | 14 | is nearing its final hours before , which one of the most important global blockchains from a proof-of-work (PoW) system of achieving consensus to proof-of-stake (PoS). The upgrade to the blockchain has raised concerns in the crypto community that Ethereum could become less decentralized — more centralized — by mov... |
null | Natasha Mascarenhas | 2,022 | 9 | 13 | null |
Arpeggi Labs banks a16z funding to build web3 music software | Lucas Matney | 2,022 | 9 | 14 | The quest to define what exactly a web3 use case looks like hasn’t always been easy but has allowed plenty of founders to get creative in building out products designed to tap the ethos of decentralization and the business opportunities of the creator economy. , a new crypto startup focused on using blockchains to make... |
Apollo’s app brings Reddit to your iOS 16 Lock Screen | Sarah Perez | 2,022 | 9 | 14 | A popular mobile app is bringing access to Reddit to the iPhone Lock Screen with iOS 16. The new version of the iOS app has embraced the iOS 16 feature that allows third-party developers to that can appear on the phone’s Lock Screen, offering at-a-glance information or even a way to tap directly into a favorite app... |
TikTok competitor YouTube Shorts is integrating more closely with YouTube Music | Amanda Silberling | 2,022 | 9 | 14 | Music is a powerful force in the short-form video sphere — so powerful that it can resurrect a 37-year-old . Today, YouTube Shorts announced that it will integrate songs you’ve saved on YouTube or YouTube Music into the video app. You can also save songs that you hear on Shorts to listen to later. When you watch a You... |
Alexa may answer your questions with ads soon | Kyle Wiggers | 2,022 | 9 | 14 | Amazon wants Alexa owners to buy more things. That’s the clear impetus behind the new Alexa feature today at Amazon’s Accelerate conference, called Customers Ask Alexa, which lets brands submit answers to common questions like “How can I remove pet hair from my carpet?” and “How to eliminate odor from soil stains?” P... |
Rad Power Bikes and Cycle pilot consumer e-bike subscriptions | Rebecca Bellan | 2,022 | 9 | 22 | Rad Power Bikes, a popular American e-bike brand that in the past two years, will start offering bikes as a subscription service next week. The company is partnering with that caters to couriers and last-mile delivery, to pilot the offering in Berlin. Starting September 22, Cycle will provide two cargo bikes, the ... |
On Deck tried to do it all. Now, it’s trying to do less, better | Natasha Mascarenhas | 2,022 | 9 | 22 | the co-CEO of a tech company that is trying to productize the community in a way that helps founders secure capital and advice. Torenberg, an early Product Hunt employee and the founder of investment firm Village Global, assumed the role only a year ago. But now, as On Deck returns to its founder-focused roots and s... |
Daily Crunch: A closer look at Google’s remote-controlled $30 Chromecast | Christine Hall | 2,022 | 9 | 22 | Hey, folks! Chromecasts have been a hacker and nerd favorite for a moment or two, and we’re pretty psyched to see the price (with a remote!) . Apropos hardware, and just published our , so we’ve been enjoying that, too. — and Anyone who has to use a wheelchair regularly runs the risk of incurring injury from ... |
Optus, Australia’s second largest telco, says customer data exposed in data breach | Zack Whittaker | 2,022 | 9 | 22 | Australia telecoms giant Optus said current and former customer data was accessed following a cyberattack on its systems. Optus said in a that an unspecified number of customer names, dates of birth, phone numbers, email addresses, and addresses and identity document numbers, such as driver’s license or passport numb... |
Looking at 320 pitch decks, here’s what science tells us works best | Haje Jan Kamps | 2,022 | 9 | 22 | Investors are spending 24% less time looking at pitch decks in 2022, compared to 2021. On average, you have just under three minutes to convince them to take a meeting with you. In fact, for decks that to raise funding, investors give up in just 2 minutes and 13 seconds. That’s not a lot of time to make a first impre... |
Apple fixes camera shaking issues and the paste permissions bug in today’s iOS 16 update | Sarah Perez | 2,022 | 9 | 22 | Apple today released the first major update to its new iOS 16 mobile operating system ahead of schedule. Earlier this week, Apple confirmed it would roll out an update next week aimed at addressing a handful of bugs that have been plaguing users, including an annoying copy and paste permissions-related bug and another ... |
Nothing is prepping a new pair of earbuds | Brian Heater | 2,022 | 9 | 22 | When Nothing was unveiled early last year, founder Carl Pei promised that the hardware startup had a full road map. Early stories about the London-based firm alluded to a pitch deck full of Pokémon characters, each representing a different product in the pipeline. Roughly a year and a half later, Nothing has delivered ... |
Cloud kitchen startup CloudEats raises more capital to ramp up Southeast Asian expansion | Kate Park | 2,022 | 9 | 22 | 25 ghost kitchens more than 30 brands in the Philippines and over 20 in Vietnam CloudEats integrated with food delivery platforms allows us to scale up and grow the business quickly.” |
DocuSign has hired former Google ad exec Allan Thygesen as its new CEO | Ron Miller | 2,022 | 9 | 22 | announced today that as its next CEO, effective October 10. Thygesen was most recently at Google where he was president of the Americas and global partners. He was in charge of Google’s $100 billion advertising business in the Americas, a rather significant business by any measure, and a position that should prepare... |
Want a glimpse at the Apple Watch Series 9? Look no further than the Ultra | Tim De Chant | 2,022 | 9 | 22 | With the Ultra, Apple has taken a page from its now-familiar playbook for how to broaden the appeal of its mobile devices and applied it to its watch lineup: The Ultra is the first truly new Apple Watch variant since the first one was introduced in 2015, and it fills the “pro” slot. (I’m not counting the SE because it’... |
Q1 performance data shows maturing VC fund vintages aren’t doomed | Rebecca Szkutak | 2,022 | 9 | 22 | to tell how venture capital firms are doing. Sometimes it’s easier after a big exit, like Figma’s , which gave us a window into the sizable returns some of its early backers, including Index Ventures and Greylock, could capitalize on. But VC firms are usually an opaque bunch when it comes to performance. So when the ... |
Facebook users sue Meta, accusing the company of tracking on iOS through a loophole | Taylor Hatmaker | 2,022 | 9 | 22 | Apple’s last year made it much more difficult for apps to track user behavior beyond their own borders, but a new lawsuit alleges that Facebook and Instagram parent company Meta kept snooping through a workaround. The complaint, filed in the U.S. District Court for the Northern District of California and embedded bel... |
Connect with Google Cloud for Startups, Blackstone Launchpad and more at TechCrunch Disrupt | Lauren Simonds | 2,022 | 9 | 22 | Mark your calendars, startup fans, because TechCrunch is returning — live and in person — to the beautiful City by the Bay to host our flagship event, , on October 18–20 at the Moscone West Convention Center followed by an online recap event on October 21. is the grande dame of tech conferences for many reasons, and ... |
How Adobe and Salesforce are fine-tuning customer experience tools | Ron Miller | 2,022 | 9 | 22 | week for the customer experience market, with two major players in the marketing tool space taking swings to bring the idea to the next level. The pair of moves taken together could move customer experience closer to reality after a long period of ambition. “Customer experience” is . The idea is that you want your cu... |
The Merge pregame is over, but where’s the party? | Anita Ramaswamy | 2,022 | 9 | 22 | TechCrunch |
8 investors discuss what’s ahead for reproductive health startups in a post-Roe world | Dominic-Madori Davis | 2,022 | 9 | 22 | most pressing issues the U.S. has to prepare for, perhaps, is the future it faces after the toppling of Roe v. Wade. Come the midterm elections, voters will weigh in on candidates and, consequently, measures that will dictate abortion access and other human rights issues. The role venture capital must play in all of t... |
With new cuts, Klarna joins the ranks of companies having to conduct more than one layoff | Connie Loizos | 2,022 | 9 | 22 | They say if you’re going to cut, cut deeply so you only have to do it once. Alas, a growing number of companies are realizing that despite layoffs earlier in the year, they need to cut back more now. , the Stockholm, Sweden-based buy now, pay later outfit, finds itself in this camp. , the 17-year-old company told empl... |
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