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Adam Neumann, Kimberly Bryant and the importance of nuance | Natasha Mascarenhas | 2,022 | 8 | 20 | of people trying to make sense of what’s happening in tech. If you’ve been compartmentalizing: Cheers! Now let me walk you through what’s been going on. On Monday, WeWork founder Adam Neumann a seed round from Andreessen Horowitz for a new real estate company, reportedly at an over $1 billion valuation. Neumann’s re... |
The anti-Adam Neumann | Connie Loizos | 2,022 | 8 | 20 | According to this week, Adam Neumann, the famed, controversial co-founder of WeWork, is in the process of creating a vast network of residential real estate properties that — we’re guessing — can be rented on a highly flexible basis to people who don’t want to be confined to one location or lease but to live as “glob... |
India’s higher education startup Sunstone raises $35 million | Manish Singh | 2,022 | 8 | 18 | Sunstone, a higher education startup that collaborates with academic institutions to help upskill their students for employability, has raised $35 million in a new financing round as it looks to expand to more Indian cities. Sunstone founders said Friday WestBridge Capital led the startup’s Series C financing round. Al... |
Daily Crunch: HBO Max is pulling 36 shows this week — Here’s the list | Christine Hall | 2,022 | 8 | 18 | G’day, crunch bunch! We’re both starting to get a little bit excited about TechCrunch Disrupt coming up in October. Would you believe that, even though we’ve been working together for a long time, this will be the first time that your trusty Daily Crunch co-writers will meet in person? There will be high fives, terribl... |
Lincoln’s latest EV concept is a grand tourer land yacht with a sprinkle of 1920s nostalgia | Jaclyn Trop | 2,022 | 8 | 18 | Lincoln revealed Thursday during Monterey Car Week its vision for future EVs — while commemorating its centennial year — with the debut of the Lincoln Model L 100 concept, an autonomous, battery-electric grand tourer that pays homage to the brand’s first luxury vehicle, the . The futuristic and massive concept has an ... |
null | Walter Thompson | 2,022 | 8 | 2 | null |
Bolt founder Ryan Breslow isn’t going away | Connie Loizos | 2,022 | 8 | 18 | Ryan Breslow has had a tumultuous 2022. It’s not slowing him down. Few outside of Breslow’s world even knew his name a year ago. Then , a “one-click” checkout tech company that evolved from an earlier idea of his, announced $355 million in Series E funding at a reported . Suddenly, the startup was on everyone’s radar... |
Federal, state regulators put pressure on Tesla’s Autopilot safety | Rebecca Bellan | 2,022 | 8 | 18 | Tesla is coming under fire from federal and state regulators over both the safety and the capabilities of its Autopilot advanced driver assistance system. The National Highway Traffic Safety Administration (NHTSA) asked Tesla on Thursday to answer questions about its cabin camera as part of an ongoing probe into 830,00... |
Cameo now lets you have 10-minute calls with celebs | Andrew Mendez | 2,022 | 8 | 18 | The dream to find out what actually happened on your favorite show last week, spill the tea with the Real Housewives or learn about your favorite artists’ creative process is now underway as Cameo launches a new feature, Cameo Live. This new 10-minute video calling feature allows users and their friends to have a live ... |
Facebook is losing its grip as a ‘Top 10’ app as BeReal and TikTok grow | Sarah Perez | 2,022 | 8 | 18 | Facebook this year has been struggling to maintain its position among the Top 10 apps on the U.S. App Store, according to an analysis of iPhone App Store data. As younger consumers shift to newer social networking experiences like TikTok and , the tech giant’s big blue app has lost traction in the App Store’s Top Char... |
FDA decision to allow over-the-counter hearing loss technology will be a catalyst for innovation | Rebecca Szkutak | 2,022 | 8 | 18 | market has long been dominated by a handful of legacy players with little incentive to innovate due to outdated regulations and social stigma. But a new ruling from the U.S. Food and Drug Administration could revolutionize the market by driving competition, giving startups a greater chance at success in this sector. O... |
Do Kwon’s Terra trauma and drama lives to see another day | Anita Ramaswamy | 2,022 | 8 | 18 | TechCrunch There are some events in your life that you look back on and think to yourself, “Wow, that was a tough time.” We all have memories like that and I think the crypto community definitely shares one (or more) of those experiences together. For example, the Terra/LUNA collapse back in May. So when Terraform La... |
5 investors explain why longevity tech is a long-term play | Anna Heim | 2,022 | 8 | 18 | stories passed on through history, the tales of life unending have persisted in the human imagination without much change. The details differ, but nearly every civilization right from the time of the Egyptians has in some form or the other sought to delay death. While we’re still far away from achieving that lofty goa... |
The three true robotic startup outcomes | Brian Heater | 2,022 | 8 | 18 | a phrase from baseball for a moment. If you follow the sport, you’re likely aware of the concept of the “three true outcomes.” They are, specifically, a home run, a strikeout, and a walk. The throughline between the three is that, in most instances, they’re not determined by the defense. There’s gray area, of course, ... |
Pixelmator Photo is coming to Mac with a new subscription-based model | Andrew Mendez | 2,022 | 8 | 18 | Pixelmator, as a whole, originally launched in 2007 with the “Classic” version and later rebranded to “Pro”. In 2021, on the iPhone. The Photo app today is only available on the iPhone and iPad and includes some of the same editing features seen on Pro — but it’s not a complete graphic design solution. Instead, it’s ... |
Streaming viewership surpassed cable TV for the first time, says Nielsen | Lauren Forristal | 2,022 | 8 | 18 | Streaming viewership reached new highs last month, exceeding cable usage for the first time, according to . The measurement firm today released its total TV and streaming report for July, stating that streaming represented a 34.8% share of total TV viewing in the U.S. — an increase of 22.6% compared to Cable consumpt... |
Sports partnerships are more than just a deal for major crypto companies | Jacquelyn Melinek | 2,022 | 8 | 18 | like every week a crypto company joined forces with a sports team or athlete. Fast-forward to today’s stagnating crypto market: Those partnerships still exist, but they’re less talked about. I wondered whether these alliances were paying off in a meaningful way, so I asked a few people from major crypto companies and ... |
These 5 investors are betting on helping you live longer and better | Anna Heim | 2,022 | 8 | 18 | Analysts that the market for “delaying human death” could be worth $610 billion by 2025. But that doesn’t sit well with Christian Angermayer, who co-founded Cambrian BioPharma and Rejuveneron, and whose family office has a special interest in expanding longevity. “This is a nonsensical, imaginary number that is alm... |
Samsung Galaxy Z Flip 4 review | Brian Heater | 2,022 | 8 | 18 | carrying both of Samsung’s new foldables on my person when I leave the house for the last few days. It’s mostly for testing purposes, of course, but there’s also a fun game I like to play when I see people I know. I pull them both out, stick them in front of the person and see how they react. This entirely unscientifi... |
Why do startup valuations go down when interest rates go up? | Daniel Faloppa | 2,022 | 8 | 18 | , a new interest rate hike. A few serious faces from the Fed have announced that they will do to tame inflation. Wall Street invariably responds in the red, and startup outlets proclaim the tighter availability of capital and lower valuations. But what is the actual connection between interest rates, startup capital ... |
Looks like time is up for Snap’s Pixy drone | Brian Heater | 2,022 | 8 | 18 | Snap may have flown a bit too close to the sun in its development of the palm-sized selfie drone, Pixy. Following , the social media firm has already begun pumping the brakes on the project, per a . CEO Evan Spiegel has apparently relayed the message that the hardware is one causality of re-prioritization, amid broade... |
Quora is shutting down the English version of its Partner Program | Aisha Malik | 2,022 | 8 | 18 | Quora is shutting down the English version of its Partner Program on September 1, the company . The Partner Program will remain active in other languages, including German, Japanese, Spanish, French, Italian, Portuguese, Hindi, Swedish, Dutch, Marathi, Bengali, Tamil, Indonesian, Danish, Finnish and Norwegian. The Par... |
Sofy raises cash to grow its no-code mobile app testing platform | Kyle Wiggers | 2,022 | 8 | 18 | , a startup developing a testing platform for mobile app devs it claims is used by Microsoft, today closed a $7.75 million seed round that brings its total capital raised to $9.5 million. Voyager Capital led the tranche with participation from PSL Ventures, GTMFund and Revolution, providing cash that CEO Syed Hamid say... |
Hackers access DoorDash data, T-Mobile teams up with SpaceX, and eBay buys TCGplayer | Greg Kumparak | 2,022 | 8 | 27 | Hello, hello! We’re back with another edition of , the newsletter where we quickly break down the top stories to hit TC in the last seven days. Want it in your inbox? Our story this week was about , a “new open source AI image generator capable of producing realistic pictures from any text prompt” that is quickly ... |
When the party has confetti but no allergen-friendly appetizers | Natasha Mascarenhas | 2,022 | 8 | 27 | The bets are no longer just on Wall Street — they’re in your group chats, book clubs and that awkward shuffle that happens when everyone’s trying to get out of the door at the same time at the end of class. Community investment clubs are nothing new, but a renewed interest in decentralization and the glittering — albei... |
This Week in Apps: Whistleblowing drama, Instagram’s teen safety features, Twitter adds podcasts | Sarah Perez | 2,022 | 8 | 27 | 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... |
Jay Chandrasekhar is using revenge to build a new review app | Maggie Stamets | 2,022 | 8 | 27 | Welcome back to , where we tell you the stories behind the startups. Super Troopers premiered at Sundance to a receptive, giggling crowd, but if you judged it based on its Rotten Tomato score and reviews, you’d think it flopped. Writer, director, comedian and recent founder Jay Chandrasekhar never felt right about the... |
More venture funds are betting on Central and Eastern Europe | Anna Heim | 2,022 | 8 | 27 | TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. Startup founders in Central and Eastern Europe will soon have more dry powder to chase. In recent weeks, we learned that Underline Ventures was to invest in Romania and nearby countries; that Poland-based I... |
Drop’s DCX keycaps give your old keyboard a new lease on life | Frederic Lardinois | 2,022 | 8 | 27 | Most people don’t spend a lot of time thinking about the keycaps on their keyboards. Chances are, they are white with black text or black with white text and that’s about it. Like with all things (mechanical) keyboards, though, there are seemingly endless . For a long time, the most sought-after keycaps were those man... |
EV battery leases could be a boon for manufacturers, a bust for consumers | Tim De Chant | 2,022 | 8 | 27 | have thought that consumers would be better off leasing EV batteries than buying them outright — because the batteries are prone to degradation, because new technology will turn the old ones obsolete, because someday you might be able to upgrade your car’s battery with a better one and so on. Thing is, leasing is to... |
Digital health unicorn Truepill conducts third round of layoffs in 2022 | Natasha Mascarenhas | 2,022 | 8 | 11 | that helps other companies offer diagnostics, telehealth services and prescriptions, has conducted its third mass layoff in a string of workforce reductions, sources tell TechCrunch. The layoff impacted about third of the company, or 175 people. The company did not respond to multiple requests for comment. One source ... |
Investment clubs are cool again, and maybe community is, too | Anita Ramaswamy | 2,022 | 8 | 27 | no longer just on Wall Street — they’re in your group chats, book clubs and that awkward shuffle that happens when everyone’s trying to get out of the door at the same time at the end of class. Community investment clubs are nothing new, but a renewed interest in decentralization and the glittering — albeit now hungov... |
Amazon-owned MGM makes a viral video show with surveillance footage from Amazon-owned Ring | Amanda Silberling | 2,022 | 8 | 11 | MGM (which is owned by Amazon) is making a viral video show based on footage from Ring security cameras (also owned by Amazon). The syndicated television show, “Ring Nation,” is poised to be a modern-day, surveillance-tinged spin on “America’s Funniest Home Videos” with Wanda Sykes as host. According to a report in , ... |
Daily Crunch: Facebook avoids European blackout as regulators squabble over EU-US data transfers | Christine Hall | 2,022 | 8 | 11 | Hello, and “happy Friday junior,” as someone put in their email to me today. I hope it has been a productive Thursday for you. is hanging with a bunch of robotics technology, so it’s just me and my trusty Lakeland Terrier companion delivering the juicy morsels of news goodness today. Please enjoy his while he’s awa... |
null | Aisha Malik | 2,022 | 8 | 18 | null |
How digital health startups are navigating the post-Roe legal landscape | Andrew Mendez | 2,022 | 8 | 11 | of Roe v. Wade earlier this year, digital health and reproductive care startups to make abortion pills and emergency contraceptives more accessible. Now, as state laws shift and abortion bans go into effect across the United States, companies are still trying to find ways to provide care while reimagining what healt... |
Rivian delivers on Q2 revenue, expects loss to widen another $700M | Harri Weber | 2,022 | 8 | 11 | Rivian is holding on tight to its goal of delivering electric vehicles by year’s end, but to get there it now anticipates to burn an extra $700 million. The automaker tucked the revised guidance within its earnings report, telling investors that it expects to lose a whopping $5.45 billion in 2022, up from the est... |
Randomly selected quotes from Zuck’s very, very long interview | Devin Coldewey | 2,022 | 8 | 27 | Life is too short to listen to a between successful normal human Mark Zuckerberg and the Joe Rogan, so I’m taking a different tack: scrolling very fast through an extremely long transcript and picking nuggets more or less at random. Here’s what Zuckerberg thinks about various things. (These quotes have been very li... |
Fox-owned Tubi expands its free streaming service to five Latin American countries | Lauren Forristal | 2,022 | 8 | 11 | Tubi, the free ad-supported streaming service owned by Fox, is now available in Costa Rica, Ecuador, El Salvador, Guatemala and Panama — an expansion that has doubled its global footprint and signals the company’s interest in capturing more Latin American viewers. Consumers in these five Latin American countries now ha... |
Analytics, AI and robotics help MLB teams get a step closer to a perfect pitching machine | Brian Heater | 2,022 | 8 | 27 | The first pitching machine dates back well over 100 years. Obviously things have come a long way since that injury-inducing, gunpowder-fueled machine made its debut at Princeton University, but most modern systems are more or less the same. A ball is manually or mechanically dropped into a spinning wheel or wheels, whi... |
US teens have abandoned Facebook, Pew study says | Amanda Silberling | 2,022 | 8 | 11 | Gen Z internet use is on the rise, but the rate at which teens use Facebook is rapidly declining. A on teens, technology and social media found that only 32% of U.S. teens aged 13-17 use Facebook at all, but in a previous survey from 2014-2015, that figure was 71%, beating out platforms like Instagram and Snapchat. ,... |
Massive iron batteries could be key to displacing natural gas from the grid | Tim De Chant | 2,022 | 8 | 11 | passage of the Inflation Reduction Act, renewables are about to get a fresh jolt in the U.S. They’re already some of the cheapest sources of electricity to build and run, but they haven’t taken over because they’re often dependent on the weather. The simple solution is to store any excess power produced, but that rais... |
Google says AI update will improve search result quality in ‘snippets’ | Taylor Hatmaker | 2,022 | 8 | 11 | If you’ve ever Googled something only to be met with a little info box highlighting the top answer, you’ve encountered one of Featured snippets are the little bite-sized Google results the search engine packages up and delivers to the top of the page for many searches. The problem with featured snippets is that, from... |
Here’s what you need to get your financials in order if you want to be acquired | Amanda Barbour | 2,022 | 8 | 11 | , financial transactions have trended upward. In 2021, international merger and acquisition (M&A) activity increased significantly, in deal volume for the first time in history, growing 64% over the previous year. I’ve worked at startups, private equity firms and high-growth companies, handling acquisitions as both t... |
A Tornado (Cash) flew around my room | Jacquelyn Melinek | 2,022 | 8 | 11 | TechCrunch It seems like there are always people butting heads in the crypto world, and this week was no different. Cryptocurrency mixer Tornado Cash by the U.S. and over whether the Indian exchange was acquired (two years after the deal allegedly closed). A lot is still up in the air (maybe due to a certain Torna... |
Mark Cuban, Mavericks in hot water over Voyager ‘Ponzi scheme’ | Anita Ramaswamy | 2,022 | 8 | 11 | Lawsuits from disgruntled investors are beginning to stack up after crypto prices plummeted over the past few months, leaving them with steep losses. Billionaire Mark Cuban is the latest celebrity on the receiving end of investor ire. A group of Voyager Digital customers filed a class-action suit in Florida federal cou... |
FTC sets the wheels in motion for a major data privacy ruling | Devin Coldewey | 2,022 | 8 | 11 | The Federal Trade Commission is warming up for a major ruling on data privacy and digital surveillance, a domain it has long enforced case by case but which has reached a stage of crisis it believes must be addressed more comprehensively. The announcement today is only the very earliest step in what could be a multiyea... |
LinkedIn rolls out new tools to give creators more ways to share visual content | Aisha Malik | 2,022 | 8 | 11 | LinkedIn today that it’s rolling out new features for creators that are designed to make it easier to share visual content on the social network. The launch marks LinkedIn’s latest effort toward building out a platform for creating content and courting creators. In the coming weeks, creators on LinkedIn will be able ... |
Perceptron: Face-tracking ‘earables,’ analog AI chips and accelerating particle accelerators | Kyle Wiggers | 2,022 | 8 | 27 | 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 ... |
A newsletter that’s mostly about Amazon and iRobot | Brian Heater | 2,022 | 8 | 11 | was announced on Friday morning, a colleague asked me if I was surprised. The short answer is yes and no. Yes, in the sense that the news dropped suddenly on what should have been a quiet Friday morning in August. No, in the sense that, of course Amazon is buying iRobot. Buckle up, because we’ve got a lot to unpack ... |
Maker of the Muse meditation headband raises $9.5M | Brian Heater | 2,022 | 8 | 11 | I’m a mediocre meditator, at best. Some weeks I meditate every morning, and others go by without doing it at all. Turns out healthy habits are a lot harder to develop than good ones. I’ve tried a few different pieces of meditation hardware over the years, because who wouldn’t love to have a nice shortcut to mindfulness... |
Pitch Deck Teardown: Five Flute’s $1.2M pre-seed deck | Haje Jan Kamps | 2,022 | 8 | 11 | product managers had tools as good as those available for software PMs? Well, that’s the world wants to live in. The company raised a I covered earlier this week. Today, we’re taking a closer look at the pitch deck it used to raise its pre-seed round. Five Flute shared its excellent deck with us with only minimal ... |
Edtech isn’t special anymore, and that’s a good thing | Natasha Mascarenhas | 2,022 | 8 | 11 | Edtech’s day in the sun wasn’t too long ago. As the pandemic struck, consumers became hungry for new virtual-first tools, Zoom school turned into a reality for millions, and it felt like every late-stage company was getting a chance to become a unicorn. Fast-forward to today, and while the sector is still enjoying a bo... |
Luta Security and Emsisoft discuss how to fight ransomware at Disrupt | Lauren Simonds | 2,022 | 8 | 11 | Ransomware is an exponentially growing global threat. Here are just a few examples from 2022: Costa Rica declared after a ; ransomware caused one of the biggest U.S. ; and of nine hot cybersecurity trends. To hammer the point home, 14 of the 16 critical infrastructure sectors in the U.S. experienced ransomware at... |
7 investors discuss why edtech startups must go back to basics to survive | Natasha Mascarenhas | 2,022 | 8 | 11 | spotlight feels like a fever dream. In the early innings of the pandemic, top companies turned into unicorns seemingly overnight as Zoom school became an actual reality for millions across the world, and a frenzy of check-writing seized investors. Then, we slowly saw the spotlight focus and sharpen. The very companies... |
Peter Thiel backs electronics marketplace PriceOye in maiden Pakistan investment | Jagmeet Singh | 2,022 | 8 | 29 | A Pakistani startup, which has taken inspiration from China’s JD.com and India’s Flipkart to build a managed marketplace of electronics products, said on Tuesday it has raised seed funding from scores of investors, including PayPal founder Peter Thiel. Launched in March 2020 — just two weeks before the COVID-19 pandemi... |
Dubai-based Stake raises $8 million to let people across the globe invest in local properties | Ivan Mehta | 2,022 | 8 | 29 | Dubai-based startup is offering retail investors from across the globe the opportunity to buy fractions of rental property in UAE’s marquee city and earn regular income. The startup, founded in 2020, claims that because of Dubai’s real estate rules it has managed to attract investing users on the platform from more t... |
PostEx acquires Call Courier to become Pakistan’s largest e-commerce service provider | Catherine Shu | 2,022 | 8 | 29 | Pakistani fintech has acquired logistics service provider , creating what it describes as the largest e-commerce service provider in the country. PostEx will now serve 1.3 million users with over 8,000 merchants across 500 cities in Pakistan, and is on track to having a monthly loan book of more than $12 million. Th... |
Singapore-based career development platform Glints recruits $50M in new funding | Catherine Shu | 2,022 | 8 | 29 | , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. The round was co-led by DCM Ventures, Lavender Hill Capital and returning investor PERSOL Holdings. This brings Glints’ total raised so far to $80 million. As part of ... |
Singapore-based Propseller uses data to take the hassle out of real estate transactions | Catherine Shu | 2,022 | 8 | 29 | Headquartered in Singapore, proptech startup is on a mission to make real estate transactions more efficient and data-driven for sellers and buyers alike. Its platform is able to tell users the likelihood of a conversion each step of the way. Today Propseller announced it has raised $12 million in Series A funding le... |
Finally, an underwater messaging app | Devin Coldewey | 2,022 | 8 | 29 | Don’t you hate it when, after going just five or 10 meters underwater, you lose signal completely? Now this vexing limitation of modern technology is being addressed by researchers at the University of Washington, who have made an underwater communication app that uses sonic signals to pass messages to your other subme... |
Daily Crunch: Meta partnership allows Indian WhatsApp users to browse and buy groceries via JioMart | Christine Hall | 2,022 | 8 | 29 | Good morning, you crunchy ol’ pirates. Good to see you again, and hope you had a swell weekend. On Wednesday, we’re hosting a healthcare-focused TechCrunch Live. It’ll be fun! , and if you want to , Haje will be on the lookout for your applications. Now, grab yourself a glass of water, and settle in with some tech-ne... |
New rules for digital lenders in Kenya aim to weed out bad actors while bolstering sector growth | Annie Njanja | 2,022 | 8 | 29 | often met with skepticism from startup founders, but digital lenders in Kenya largely seem to be upbeat about the new Digital Credit Providers law, saying it will bring order to the sector. The chairman of the Digital Lenders Association of Kenya, , sounded optimistic about the impending new regulatory environment, s... |
Elon Musk taps the Twitter whistleblower for help getting out of the deal | Taylor Hatmaker | 2,022 | 8 | 29 | With the , Elon Musk’s legal team to former Twitter head of security Peiter “Mudge” Zatko, who filed a whistleblower complaint against the company that was . In the complaint, Zatko alleges that he witnessed “egregious deficiencies, negligence, willful ignorance, and threats to national security and democracy” wit... |
Roku debuts a hilarious new trailer for ‘WEIRD: The Al Yankovic Story’ starring Daniel Radcliffe | Lauren Forristal | 2,022 | 8 | 29 | Al Yankovic, the 62-year-old parody artist known as Weird Al, is getting his own equally weird biopic this fall. The for “WEIRD: The Al Yankovic Story” gives a first look at the movie, exploring the wacky world of Weird Al, his hilarious cover songs and his Polka obsession. “WEIRD: The Al Yankovic Story” premieres on... |
Garry Tan’s return is a full circle moment for Y Combinator | Natasha Mascarenhas | 2,022 | 8 | 29 | venture capitalist Garry Tan’s answer to a need first highlighted by Y Combinator. As a partner at the accelerator from 2010 to 2015, Tan spent time working with companies to better understand what they needed from investors after they graduated. “I literally built the seed fund that I wanted to exist for those compan... |
Microsoft launches Arm-based Azure VMs powered by Ampere chips | Kyle Wiggers | 2,022 | 8 | 29 | Following a preview in April, Microsoft this morning the general availability of virtual machines (VMs) on Azure featuring the Altra, a processor based on the Arm architecture. The first Azure VMs powered by Arm chips, Microsoft says that they’re accessible in 10 Azure regions today and can be included in Kubernete... |
Waymo opens up driverless robotaxi service in downtown Phoenix to vetted passengers | Kirsten Korosec | 2,022 | 8 | 29 | Waymo, the autonomous vehicle developer under Alphabet, is opening up its driverless robotaxi service in downtown Phoenix to vetted local residents. People who have been accepted to Waymo’s “trusted tester” program are eligible to hail a driverless ride — meaning no human safety operator is behind the wheel — in a Jagu... |
Neurofenix puts a new spin on home stroke rehabilitation with the NeuroBall | Devin Coldewey | 2,022 | 8 | 29 | Millions around the world suffer strokes every year, and millions more are in recovery from one they’ve suffered. Regaining the use of affected limbs and capabilities is a long road, but one that can be shortened by intensive rehabilitation efforts — which has shown can take place in the home rather than during frequ... |
‘Dateline NBC’ Apple Podcasts subscription channel gives true crime fans ad-free episodes | Lauren Forristal | 2,022 | 8 | 29 | Today, NBC launched a new channel on called “ ,” an ad-free plan that includes a seven-day free trial and costs $2.99 per month or $29.99 per year. Subscribers get ad-free episodes, early access to new content and exclusive bonus material. NBC’s “Dateline” podcasts go more in-depth into true crime stories. Titles i... |
Meet the judges for the Minneapolis TechCrunch Live pitch-off | Matt Burns | 2,022 | 8 | 29 | TechCrunch Live is hosting a special, extended event focused on the great city of Minneapolis, Minnesota on September 7. . We have an agenda packed with insiders who can speak to the growing startup ecosystem in the Twin Cities. But for the pitch-off, we’ve recruited two outsiders to judge the local startups: Mahati S... |
Does venture capital need a shot in the arm? | Alex Wilhelm | 2,022 | 8 | 29 | Hello and welcome back to , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week was back with Grace and our new producer to kick off the week. This Monday morning we recorded right before that he was heading back to Y Combinator as its president. Dang.... |
Investors detail their red (and green) flags for startups seeking venture dollars | Rebecca Bellan | 2,022 | 8 | 29 | months have hit the startup community where it hurts — the balance sheet. With a and , . So where does that leave startups relying on that cash to reach their next levels of operations? TechCrunch sat down with investors who cover a range of growth stages and industry sectors, with a bent toward mobility and cli... |
Is there no bottom to the SPAC mess? | Alex Wilhelm | 2,022 | 8 | 29 | moment earlier in the ongoing pandemic, it appeared that there was a solution for the backlog of richly priced startups that needed to provide their backers with liquidity: SPACs. SPACs, or special purpose acquisition companies, are paper companies taken public with capital attached that then combine with a private en... |
null | Devin Coldewey | 2,022 | 8 | 11 | null |
Eat Just bags $25M, gets Alibaba’s help to sell alternative protein in China | Rita Liao | 2,022 | 8 | 16 | China is a notoriously difficult market for international startups to crack, but one company seems to have found the recipe for wooing the country’s picky consumers. Three years after Eat Just , the San Francisco-based company is ready to put more alternative protein products on Chinese people’s plates. Formerly Hampto... |
India’s Exponent Energy may have found the secret to 15-min rapid EV charging | Rebecca Bellan | 2,022 | 8 | 16 | Bangalore-based might have come up with a way to deliver 15-minute rapid charging for electric vehicles. The startup, which just raised a $13 million Series A, relies on a combination of its proprietary battery pack and charging infrastructure to achieve such a feat. Exponent Energy’s business model is geared toward ... |
Biden admin says about 20 models will still qualify for EV tax credits | Rebecca Bellan | 2,022 | 8 | 16 | The , which President Joe Biden signed into law Tuesday, says that if automakers want their electric vehicles to be eligible for tax credits, they’ll need to have final assembly in North America. The law, which takes effect immediately, ends credits for about 70% of the 72 models that were previously eligible, . About... |
Getting power from poop, with Levidian’s Loop | Haje Jan Kamps | 2,022 | 8 | 16 | The U.K. water processing industry produces a godawful amount of biogas annually. The gasses are primarily used to generate operational heat and power on-site, or they can be turned into biomethane and injected back into the national gas grid. New research funding is going to see if United Utilities can use to turn t... |
FTC sues data broker Kochava for sale of people’s sensitive location data, including visits to reproductive health clinics | Sarah Perez | 2,022 | 8 | 29 | The U.S. Federal Trade Commission (FTC) on Monday announced it has filed a lawsuit against data broker Kochava Inc. for selling geolocation data from “hundreds of millions of mobile devices,” it says, which could be used to trace the movements of individuals including those to and from sensitive locations. Specifically... |
YC grad QuotaBook raises $11M to scale its equity management platform | Kate Park | 2,022 | 8 | 16 | , a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Republica. Some of its previous backers, including Draper Associates and Capstone Partners, joined the round. The Korean startup, w... |
American Airlines to buy 20 jets from Boom Supersonic | Rebecca Bellan | 2,022 | 8 | 16 | American Airlines will buy up to 20 jets from Boom Supersonic, an aircraft maker that aims to commercialize supersonic, and super-fast, flight. Boom’s Overture four-engine jets promise speeds of up to Mach 1.7 over water, which is twice the speed of today’s fastest commercial aircraft — meaning the jet can fly from Mia... |
From ‘literally zero’ experience to $100M, this VC is raising his second climate tech seed fund | Harri Weber | 2,022 | 8 | 16 | If you ask me, climate tech investor Contrarian Ventures isn’t so contrarian anymore. The five-year-old firm is targeting $100 million for its second seed-stage fund, and it’s doing so smack in the middle of a . So, if anything, it’s trendy. But when the seed-stage VC — a backer of e-bike maker and solar data firm ... |
Google makes robots smarter by teaching them about their limitations | Haje Jan Kamps | 2,022 | 8 | 16 | a smart voice assistant such as Alexa, Siri and whatever-Google’s-smart-assistant-is-called, you’ll probably have noticed that the tech is getting smarter every day. Google can , Siri can and Alexa can in your dead grandmother’s voice. , as we explored in our Robotics event last month. The gap between the two — ... |
SAIC Mobility valued at $1B after $148M Series B | Rebecca Bellan | 2,022 | 8 | 16 | SAIC Mobility, an arm of state-owned Chinese automaker SAIC that aims to launch a commercial robotaxi service, raised $148 million (RMB 1 billion). The funds will be used to scale its robotaxi service in China, which it will operate in partnership with autonomous vehicle company . SAIC Group led the Series B round tha... |
null | Ivan Mehta | 2,022 | 8 | 29 | null |
Daily Crunch: 7 months after emerging from stealth, YC alum Arc secures $20M Series A | Christine Hall | 2,022 | 8 | 16 | Hello! Did you know that is on a shiny new platform? We’ve even made it easier to enter our two-minute Pitch Practice segment. You can now . We’ll select the startups 24 hours before that week’s event and notify startups by email. May you find love, peace, harmony, and a CAC/LTV arbitration ratio beyond your wildest... |
As digital tracking wanes, companies turn to online communities for direct access to customers | Ron Miller | 2,022 | 8 | 16 | policies make it more across the internet, it has forced companies to rethink how to understand and get to know their customers. If they can’t stalk them surreptitiously, how can they gain a full understanding of their needs and wants? The answer may lie in building or buying communities of individuals whose inter... |
Facebook will disable new political ads a week before US midterm elections | Taylor Hatmaker | 2,022 | 8 | 16 | Meta loosely outlined how it plans to brace its platforms for the upcoming U.S. midterm elections Tuesday, starting with . In November, the nation will decide a number of key congressional and gubernatorial races in the midst of worsening political polarization that the social network has become synonymous with in rec... |
Pomelo exits stealth mode with $20M seed to rethink international money transfer | Natasha Mascarenhas | 2,022 | 8 | 16 | had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. Instead of sending money to his family once a year — a costly, fee-heavy affair — why can’t he just leave his credit card there? As with many things in fintech, it wasn’t that simple. But the ... |
How a16z’s investment into Adam Neumann further solidifies the ‘concrete ceiling’ | Dominic-Madori Davis | 2,022 | 8 | 16 | fundraise heard around Twitter. Adam Neumann, the infamous entrepreneur behind WeWork, from Andreessen Horowitz for a yet-to-launch real estate company called Flow. The investment gave Neumann’s latest venture a more than , as reported by The New York Times, and came amid what is supposed to be an investor pullback... |
Faraday Future seeks to raise capital after massive Q2 loss | Jaclyn Trop | 2,022 | 8 | 16 | Faraday Future, maker of the long-delayed FF91 EV, re-upped its commitment to raising funds while reporting Tuesday that its second-quarter operating losses more than quadrupled. The company posted an operating loss of $137 million for the second quarter compared with $28 million for the year-ago period. Overall, its s... |
Watch NASA roll out the mega moon rocket Space Launch System ahead of launch | Aria Alamalhodaei | 2,022 | 8 | 16 | NASA engineers have completed final tests of the Space Launch System (SLS), clearing the way for the mega moon rocket to roll out to the launch pad today instead of Friday as originally planned. The space agency was able to move up the date for the rollout — when a transporter-crawler moves the 322-foot-tall SLS from t... |
Pliops lands $100M for chips that accelerate analytics in data centers | Kyle Wiggers | 2,022 | 8 | 16 | Part of the problem is that data-intensive workloads require substantial resources, and that adding the necessary compute and storage infrastructure is often expensive. For companies moving to the cloud specifically, IDG that they plan to devote $78 million toward infrastructure this year. Thirty-six percent cited co... |
Winners, losers abound as Inflation Reduction Act becomes law | Tim De Chant | 2,022 | 8 | 16 | signed the climate-and-energy-focused into law today, a turn of events that just a few months ago seemed impossible. The move will undoubtedly bolster the United States’ stance in the next round of climate negotiations. And by the end of the decade, it’s expected that the law will reduce the country’s emissions by 4... |
The majority of early-stage VC deals fall apart in due diligence | Haje Jan Kamps | 2,022 | 8 | 28 | and tearing down had me wondering: How the hell investors decide whether to invest in a company at the earliest stages? VC firm led the Five Flute investment, and I sat down with and to learn how they evaluate a potential early-stage deal. They told me that the vast majority of the deals they look at fall a... |
Walmart’s last-mile delivery service, Walmart GoLocal, tops 1M deliveries in year one | Sarah Perez | 2,022 | 8 | 16 | Walmart’s , Walmart GoLocal, has topped 1 million deliveries in its first year, the retailer today revealed. The company offered a brief update on the state of its newer delivery business during its Q2 earnings call on Tuesday, where it noted that GoLocal had been growing its support of local merchants’ delivery opera... |
The venture slowdown finally hit early-stage valuations, PitchBook data shows | Anna Heim | 2,022 | 8 | 16 | stocks began getting repriced in late 2021, we kept hearing that the correction would eventually trickle down to private startups. Each quarter brought its share of answers on how the venture capital slowdown would shape up. Would it impact late-stage deals first? Yes. Would it ever reach the angel and seed stage? May... |
Aston Martin Valhalla plug-in hybrid to shape future EVs | Jaclyn Trop | 2,022 | 8 | 28 | Aston Martin is using its upcoming Valhalla high-performance plug-in hybrid to develop a playbook for its future EVs. Executives said that the exhibited at the Pebble Beach Concours d’Elegance showcases lessons in driver engagement, visual effects and sound that could surface in its . “If we get that performance hyb... |
Burn baby burn. Real estate-focused fintech startups feel the heat | Mary Ann Azevedo | 2,022 | 8 | 28 | As we all know, the housing market goes through cycles. Low interest rates mean more purchases and refinances. Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. In 2020, historically low interest rates led to a surge in both rates an... |
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