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VinFast says preorders ‘will get a $7,500 rebate,’ federal tax credit or not | Haje Jan Kamps | 2,022 | 8 | 14 | We wrote that the . Since then, Congress announced it is making changes to the $7,500 federal electric vehicle tax credit, meaning that it becomes much harder to get that sweet, sweet tax deduction. The two major changes are that the tax credit will becomes means-tested (i.e., if your household makes more than a certa... |
Digital pensions platform Penfold raises $8.5M Series A led by Bridford Group | Mike Butcher | 2,022 | 8 | 13 | , a digital pensions platform, has closed a £7 million ($8.49 million) Series A funding round led by Bridford Group, an investment group. Also participating in the round was Jeremy Coller, chief investment officer and chairman of Coller Capital. Penfold also raised additional funding via a crowdfund amongst its custome... |
Uber to sunset free loyalty program in favor of subscription membership | Rebecca Bellan | 2,022 | 8 | 14 | Ride-hailing giant Uber is shutting down its free loyalty program, Uber Rewards, so it can focus on its subscription-based Uber One membership. as a sort of frequent flyer scheme that allowed riders to earn points for every dollar spent on rides or Uber Eats deliveries. Those points could then be used to get discounts... |
As companies fight to retain talent, employee-benefits startups might escape cost cuts | Rebecca Szkutak | 2,022 | 8 | 14 | startups fare when their corporate customers start slashing costs as the market goes downhill? We’re going to find out if current trends continue. There was a spike in the number of startups offering employee-benefits services through a B2B2C model last year, as nearly every company focused on employee benefits amid t... |
Why Twitter anons are sending crypto to celebrities | Anita Ramaswamy | 2,022 | 8 | 14 | Welcome back to , we talked about a hack that gave new, ironic meaning to the word “trustless.” This week, we’ll get into one of the most polarizing aspects of crypto — privacy. If someone forwarded you this message, you can subscribe on Tornado Cash has been the talk of the town this week in crypto circles. The U.S. ... |
Uniswap Labs COO MC Lader on the incentives behind DeFi | Anita Ramaswamy | 2,022 | 8 | 14 | Crypto lending and financial services companies have been at the forefront of the industry’s latest controversies ever since the collapse of the Terra stablecoin, with many drawing parallels between the web3 financial system and the broader markets in 2008. But not all protocols are created equal, and many that have su... |
Battery investment moves onshore to kick-start US EV production | Jaclyn Trop | 2,022 | 8 | 14 | are breaking ground on battery factories across the United States as they race to go all in on EVs by the end of the decade. Car companies and suppliers such as LG Energy, SK Innovation, Panasonic and Samsung are investing more than $38 billion through 2026 to boost battery production in the U.S., according to AlixPar... |
null | Jacquelyn Melinek | 2,022 | 8 | 12 | null |
Sustainability data platform Worldfavor fuels up for ecosystem opportunities | Natasha Lomas | 2,022 | 8 | 22 | More funding for sustainability reporting: Sweden’s , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas. The ... |
Are debt financings the new venture round for fintechs startups? | Mary Ann Azevedo | 2,022 | 8 | 14 | Last week, I wrote about , an Austin-based company that offers debt financing to B2B startups. As I started thinking about debt and credit facilities as increasingly attractive alternatives for startups who are seeking capital — especially during a downturn such as the one we are currently experiencing — I realized th... |
DhiWise takes the tedium out of programming | Catherine Shu | 2,022 | 8 | 22 | Programming involves a lot of monotonous tasks. Based in Gujarat, India, wants to makes things less onerous for developers with its programming automation platform. The company, which won last year, announced today it has raised $7 million in Series A funding led by Accel and Together Fund, with participation from ... |
Daily Crunch: Collectible trading card marketplace TCGplayer sells to eBay for $295M | Christine Hall | 2,022 | 8 | 22 | Hello, Crunch Bunch! Have you remembered to drink water today? You can’t live off coffee and Red Bull alone. Look after yourself, you good-looking but dehydrated startup nerds. We care about you, and we want you to thrive! Okay, with that out of the way, let’s dive into the news! — and There was a bunch of news last... |
Dioseve wants to help infertile people with tech that grows egg cells | Catherine Shu | 2,022 | 8 | 22 | Based in Japan, biotech startup ’s ambitious goal is to grow human oocytes, or eggs, from other tissue. Its aim is to help people struggling with infertility, and it recently raised $3 million led by ANRI, with participation from Coral Capital. Dioseve’s mission might sound like it comes out of science fiction, but it... |
Apple kicks off fundraising effort to support US National Parks via Apple Pay donations | Andrew Mendez | 2,022 | 8 | 22 | Apple |
Max Q: To the moon!!! | Aria Alamalhodaei | 2,022 | 8 | 22 | Hello and welcome back to Max Q. T-minus 1 week until Artemis I liftoff. Are you going? I’ll be there! In this issue: NASA engineers completed final tests of the Space Launch System (SLS), which cleared the way for the mega moon rocket to roll out a few days earlier than planned. The space agency was able to move up th... |
Black Girls Code files lawsuit against ousted founder over alleged ‘hijacking’ of website | Natasha Mascarenhas | 2,022 | 8 | 22 | filed a lawsuit Monday alleging its founder , who was earlier this month, has “hijacked” the nonprofit’s website. The heart of the complaint, which was filed with the U.S District Court for the Northern District of California, is over control of the Black Girls Code website. The complaint alleges that Bryant “took ... |
Tesla’s petition against CA civil rights agency suing for racial bias is denied | Rebecca Bellan | 2,022 | 8 | 22 | California’s Office of Administrative Law (OAL) denied Tesla’s petition against the state’s civil rights watchdog for failing to conduct proper investigations before suing the automaker for racial discrimination at its Fremont assembly plant. , claiming that the Department of Civil Rights (DCR), formerly known as the D... |
Manchin’s ultimatum may turn the US into a battery powerhouse | Tim De Chant | 2,022 | 8 | 22 | That was the gist of U.S. Senator Joe Manchin’s discussions with the automotive industry regarding EV tax credits. Manchin, a Democrat from West Virginia, had grown increasingly concerned about China’s dominance of the lithium-ion battery market, and he told car companies that they needed to move vast swaths of the glo... |
Netflix explores cloud gaming as it looks for new hires | Lauren Forristal | 2,022 | 8 | 22 | Netflix requests the help of cloud gaming specialists in its recent job listing posts, a possible hint at what’s to come for its ongoing gaming venture. As noted by , the company is on the hunt for a with experience handling “cloud gaming challenges,” a who can support Netflix’s “cloud gaming service,” and other r... |
In an EV world, Lamborghini knows it can’t rely on power alone | Roberto Baldwin | 2,022 | 8 | 22 | EV acceleration hit a new and interesting phase at the Monterey Car Week event that wrapped Sunday. Kia, (yeah Kia) showed up at the typically ultra-luxe affair with its EV6 GT, a new performance trim that will go on sale by the end of the year and can travel from zero to 60 miles per hour in just 3.4 seconds. This isn... |
The great shrinking late-stage round | Alex Wilhelm | 2,022 | 8 | 22 | to be hitting the gym this year. A — a dataset that TechCrunch — indicates that late-stage rounds are seeing their heft rapidly shrink as 2022 continues. The cap table management company sits atop a regular inflow of startup information from which it extracts hard data about venture capital activity. While we lean... |
‘Thor: Love and Thunder’ to premiere on Disney+ next month on Disney+ Day | Lauren Forristal | 2,022 | 8 | 22 | Disney+ that “ ” will be coming to the streaming service on September 8. The announcement is a part of this year’s Disney+ Day — an annual celebration that debuted in 2021 to mark the anniversary of the streaming service’s launch. On Disney+ Day, subscribers are rewarded with tons of new content, sneak peeks, as well... |
LockBit ransomware group downed by DDoS after claiming Entrust breach | Carly Page | 2,022 | 8 | 22 | The LockBit ransomware gang is claiming responsibility for against cybersecurity giant Entrust, but with a twist — the group is also accusing its latest victim of a counterattack. Entrust, which describes itself as a global leader in identities, payments and data protection, said in late July that an “unauthorized pa... |
Disney accelerator alum Miko celebrates 140-country launch | Haje Jan Kamps | 2,022 | 8 | 22 | It looks like is paying off in a big way, as the company is bringing Disney and Pixar characters to its Miko 3 robot for kids. The company launched its Disney collaboration today, available to customers in more than 140 countries. The funky little robot can play animated story books with stories featuring stars from ... |
Is Adam Neumann a new man? and other TC news | Darrell Etherington | 2,022 | 8 | 22 | This week on The TechCrunch Podcast Anita Ramaswamy is back to talk about Adam Neumann’s latest Andreessen Horowitz-backed startup, and Amanda Silberling joins us to talk about teens flocking away from Facebook. And as always, we’ll catch you up on the tech news you may have missed this week. Articles from the episode:... |
Surviving the SaaS tsunami: Optimize your tech stack to reduce risk and free up cash flow | Ryan Neu | 2,022 | 8 | 22 | a considerable inflection point when it comes to how they assemble and manage their software tech stack. On one hand, the storm of pandemic-related IT changes is beginning to calm down, but on the other, many are facing an economic downturn that could further impact and strain business. The resiliency and adaptability... |
Elon Musk subpoenas former Twitter CEO Jack Dorsey | Aisha Malik | 2,022 | 8 | 22 | Elon Musk’s legal team has subpoenaed former Twitter CEO Jack Dorsey, marking the latest development in the legal battle over Musk’s attempt to break his with the social network company. Dorsey will be asked about the impact of bots and spam accounts on Twitter’s business and operations. Dorsey last November and han... |
Parsing FTX’s 2021 growth in a Coinbase context | Alex Wilhelm | 2,022 | 8 | 22 | , a set of revenue and profit figures from FTX, a global cryptocurrency exchange that raised a mountain of capital in the last year and is currently . Its founder, Sam Bankman-Fried, has been a key player in the crypto market in recent months, as the decentralized economy weathers a slowdown amid a . The data tha... |
YouTube launches a dedicated podcasts homepage for US users | Sarah Perez | 2,022 | 8 | 22 | Earlier this year, reports emerged that — a signal the company was getting more serious about its investments in podcasts and the potential ad revenue they could deliver. Today, YouTube confirmed to TechCrunch the new podcasts destination is now live for U.S. users, after the URL was discovered to be live ahead of an... |
T-Mobile phones will connect to Starlink for free starting next year | Devin Coldewey | 2,022 | 8 | 25 | T-Mobile and SpaceX have announced that Starlink satellites launched next year will be able to connect directly to the carrier’s phones over existing cellular bands. The companies hope to enable global roaming wherever satellite coverage exists, and the service may potentially be added for free to existing T-Mobile pla... |
Animoca Brands’ Japan unit raises $45M at $500M valuation for NFT push | Rita Liao | 2,022 | 8 | 25 | Asia’s crypto games and web3 investment powerhouse Animoca Brands is making inroads into Japan as its local unit picks up $45 million in financing at a $500 million pre-money valuation. The investment, which was shelled out equally by the parent firm Animoca Brands and MUFG Bank, the largest bank in Japan with 360 year... |
Better.com planning fourth layoff in less than 9 months | Mary Ann Azevedo | 2,022 | 8 | 25 | TechCrunch reached out to Better.com regarding the layoffs, and a spokesperson provided the following statement: A spokesperson told TechCrunch that the move was designed to “protect” the company and “be smart” about its future, adding: “W Better, along with others catering to home buyers, has been hit hard by the inc... |
Meta just erased a Proud Boys network stealthily organizing on Facebook and Instagram | Taylor Hatmaker | 2,022 | 8 | 25 | It’s been since the Proud Boys were banned from Facebook, but apparently its members are still trying to after all this time. Meta disclosed Thursday that it recently removed a network of activity affiliated with the violent extremist group after it detected members making inroads back onto Facebook and Instagram. ... |
Daily Crunch: Hacking group penetrates 130+ organizations, captures credentials for nearly 10K workers | Christine Hall | 2,022 | 8 | 25 | Hello, you sparkling souls! Thursday is upon us once again. Have you ever noticed how Thursdays seem to keep coming along with alarming regularity? It feels like roughly once per week, but that’s anecdotal. More research may be required. Our incredible team of writers has a trove of awesome news and analysis available ... |
California clears the way to ban new gas car sales | Harri Weber | 2,022 | 8 | 25 | The California Air Resources Board voted Thursday afternoon to phase out the sale of new gasoline-powered cars in the Golden State. The full effect of the binding decision will kick in more than 12 years from now, in 2035, when it will require most new cars and trucks sold in California to run exclusively on electricit... |
Breaking into healthcare with WELL Health and Freestyle on TechCrunch Live | Matt Burns | 2,022 | 8 | 25 | Healthcare startups often face unique challenges — something Well Health founder Guillaume de Zwirek understands. Together with Freestyle Partner, Jenny Lefcourt, the two will speak on the strategies used by de Zwirek as he built and scaled WELL Health into a leading healthcare startup. This event opens on with net... |
How many Coinbases is FTX worth? | Lucas Matney | 2,022 | 8 | 25 | TechCrunch , |
Real estate tech startup Reali to shut down after raising $100M one year ago | Mary Ann Azevedo | 2,022 | 8 | 25 | |
Flexible, shorter-term apartment startups gain more traction | Connie Loizos | 2,022 | 8 | 25 | Startups looking to make it easier for people to rent apartments on a flexible, shorter-term basis are gaining momentum thanks in part to the rise of remote work. Last week, Dealbook reported that a flexible living startup, Flow, founded by WeWork co-founder Adam Neumann, has locked down from Andreessen Horowitz. Ear... |
Samsung Galaxy Watch 5 review | Brian Heater | 2,022 | 8 | 25 | review blitz over the past two weeks, covering all the products the company announced at its recent Unpacked event. In my write-up of the , I noted how understated the product line was, in contrast to its flash, . The Galaxy Watch line, meanwhile, exists somewhere between the two. Some years are flashier than others... |
DoorDash hit by data breach linked to Twilio hackers | Carly Page | 2,022 | 8 | 25 | DoorDash has confirmed a data breach that exposed customers’ personal information. In shared with TechCrunch ahead of its publication at market close, DoorDash said malicious hackers stole credentials from employees of a third-party vendor that were then used to gain access to some of DoorDash’s internal tools. Door... |
Email will be with us until the universe dies, so these startups are working to make it better | Rebecca Szkutak | 2,022 | 8 | 25 | did you send my friend’s birthday party invite to my spam folder? Why do you make it so easy to archive an email when I don’t even know what that means? Why are you … blue now … Gmail? Email is a necessary evil. So whenever I hear about startups looking to innovate on the decades-old communication tech, I’m instantly ... |
It’s brutal out there for DTC companies | Alex Wilhelm | 2,022 | 8 | 25 | , a consumer beverage brand looking to bring down the ABV in booze, had took many — this publication included — by surprise. Perhaps we should have been less taken aback. Tracking the value of recently public DTC companies is an exercise in zooming in as their valuations shrink. Shares of consumer shoe brand Allbirds... |
Meta and Twitter purge web of accounts spreading pro-US propaganda abroad | Taylor Hatmaker | 2,022 | 8 | 25 | In the post-2016 U.S. election world, secretive online campaigns designed to influence global politics are nothing new. And while U.S. adversaries like , and have been linked to government propaganda on major social media sites, there’s been little evidence to date of the U.S. and its allies leveraging the same te... |
Black Girls Code board member Heather Hiles breaks silence after allegations | Natasha Mascarenhas | 2,022 | 8 | 25 | Black Girls Code board member is breaking their silence regarding allegations made against them from Black Girls Code founder “Up until now I have chosen not to respond because I wanted to remain focused,” Hiles said in a press briefing. “However it has reached a point where I do feel like I must speak out.” Bryant,... |
Twitter’s VP of engineering to depart for Meta amid cybersecurity concerns, Musk takeover | Andrew Mendez | 2,022 | 8 | 25 | In an email to TechCrunch, a Twitter spokesperson confirmed Pandey was leaving the company and said his departure is natural given industry trends. Twitter emphasized it remains focused on managing the company effectively. TechCrunch reached out to Meta but did not receive an immediate comment. This isn’t the first tim... |
null | Aria Alamalhodaei | 2,022 | 8 | 22 | null |
The good, the bad and the Actuator | Brian Heater | 2,022 | 8 | 25 | trickiest parts of this gig is setting realistic expectations. The job of writing about robots for a living is a bit of a balancing act between excited optimism and pragmatic realism. How do you temper the excitement of some of the world’s most fascinating technologies with reality’s inevitable encroachment? Covering ... |
2023 Mercedes-Benz EQS SUV begins production in Alabama | Jaclyn Trop | 2,022 | 8 | 25 | Mercedes-Benz began production of its first battery-electric SUV for the U.S. market on Thursday, fronting a movement expected to bring auto manufacturing onshore over the next decade. The will be made at the automaker’s plant in Tuscaloosa, Alabama, using batteries supplied by a battery factory it opened nearby in B... |
As a Stripe investor cuts the value of its stake, more evidence of fintech valuation pressure | Alex Wilhelm | 2,022 | 8 | 25 | Price cut the value of its stake in fintech giant Stripe is this week, the new data point coming in the wake of similar cuts by other investment houses regarding their ownership in late-stage startups. However, while it is true that T. Rowe Price reduced the value of its stake in Stripe, part of its Global Technolog... |
LG’s best-selling OLED TVs get an upgrade for the new year | Haje Jan Kamps | 2,022 | 1 | 3 | LG has had a pretty incredible winning streak with its OLED televisions the past couple of years. has been the flat screen to beat, so there’s little surprise that the company’s 2022 lineup caught our (virtual) attention at CES this year. It seems like the company is content leaving well enough alone, with a relative... |
VC Joe Lonsdale’s tweets about ‘woke’ tech diversity spark investor pushback | Natasha Mascarenhas | 2,022 | 1 | 3 | Last week, in response to , venture capitalist and entrepreneur attributed disparities in venture capital investing to “average black culture.” “A real view: average black culture needs to step it up and stop having as many kids born out of wedlock (statistical indicator of underperformance) / who don’t value educat... |
Elizabeth Holmes convicted of 4 of 11 fraud counts in Theranos trial | Amanda Silberling | 2,022 | 1 | 3 | Elizabeth Holmes has been found guilty of defrauding investors as founder and CEO of Theranos. After four months of court proceedings and seven days of deliberations, the jury has reached a verdict that will have lasting implications in Silicon Valley and beyond. The former female self-made billionaire was tried for ... |
Liquid Death lands $75M more to expand the brand | Connie Loizos | 2,022 | 1 | 3 | , a water brand that began life in 2018 with a to first test the concept, has grown deadly serious about its growth prospects. The LA-based outfit, which sells canned mountain water from the Alps that will “murder your thirst,” has just landed $75 million in Series C funding led by the startup studio Science, which h... |
Withings launches an even smarter scale to measure you from top to toe | Haje Jan Kamps | 2,022 | 1 | 3 | Your bathroom scales have been capable of telling you more than your weight for a while, and is one of the companies leading the charge on that front ( ). Today, the company announced its Withings Body Scan, which continues the company’s bid for being your measure-all-the-things-about-yourself brand of choice. In add... |
Exotel raises $40M for its full-stack customer engagement platform | Manish Singh | 2,022 | 1 | 3 | Exotel said on Tuesday it has raised $40 million in a financing round, just three months after securing $35 million in funding, as the Bangalore-based startup demonstrates growth for its full-stack customer engagement platform in emerging markets. Steadview Capital led the startup’s Series D round. Exotel, which counts... |
Samsung’s budget flagship Galaxy S21 FE arrives next week, starting at $699 | Brian Heater | 2,022 | 1 | 3 | CES, in general, isn’t much of a phone show. That certainly applies to Samsung, which tends to save its big mobile news for Mobile World Congress, a month or two from now. Instead, the event is more about big things: TVs, washing machines, etc. Over the past few years, however, the electronics giant has used the show a... |
The coming reckoning: Showing ROI from threat intelligence | Chris Jacob | 2,022 | 1 | 3 | been a part of cyber defense processes in the private sector for nearly a decade now. Many threat intelligence teams were initially composed of classically trained intel operators from the public sector, where they focused on gathering data to thwart national security threats. And as these teams grew and adjusted to p... |
Connecting the dots on diversity in cybersecurity recruitment | Mandy Andress | 2,022 | 1 | 3 | Critical thinking and problem-solving are considered vital attributes for the cybersecurity professional — so it’s time our industry applied those capabilities to connect the dots between the skills shortage and lack of diversity. There’s no question that recruiting talent in sufficient numbers right now is a growing c... |
Daily Crunch: No-code app development platform Abstra raises $2.3M | Alex Wilhelm | 2,022 | 1 | 3 | Hello and welcome back to Daily Crunch for January 3, 2022! It’s a new year, but that doesn’t mean we’re going to reinvent the wheel. This newsletter is going to stick to its tried-and-true format, so expect few surprises and of news. Before we start, a big thanks to for taking over while I was off. Now, to work! —... |
AWS will buy a SaaS company, and other 2022 enterprise predictions | Ron Miller | 2,022 | 1 | 3 | business predicting what’s going to happen in tech, because who knows what’s going on behind the scenes or what’s coming next. Would you have thought, for instance, that Salesforce would spend almost $28 billion at the end of 2020? Or that in 2021, Jeff Bezos with a domino effect of , and after a stint at Table... |
The fish is driving again | Devin Coldewey | 2,022 | 1 | 3 | Truly there is nothing new under the sun if, when one learns that a goldfish can drive, the immediate response is “again?” But while today’s icthyological innovation may bear superficial, scale-deep if you will, similarity to fish-driven vehicles of yesteryear, there is an important new aspect: in this case, the goldfi... |
BlackBerry phones once ruled the world, then the world changed | Ron Miller | 2,022 | 1 | 3 | It’s easy to forget now in the age of Apple and Android, but at one time, BlackBerry owned the business smartphone market. You could have your Motorolas and your Nokias and your Samsungs, but for business, BlackBerry was it. Stalwart. Secure. Functional. As TechCrunch , BlackBerry is shutting down its remaining servic... |
GAF Energy’s easy-install solar shingles aim to outshine Tesla roofs and traditional panels | Devin Coldewey | 2,022 | 1 | 3 | Putting solar panels on the roof is increasingly realistic for the average homeowner, but they tend to be specialized, aftermarket affairs or else whole-roof replacements. GAF Energy, a division of the roofing giant, claims are simple enough to install that no special equipment or knowledge is required, making home r... |
null | Jaclyn Trop | 2,022 | 8 | 25 | null |
Fintech-focused Ribbit Capital raises $1.15B in seventh fund, according to SEC filing | Mary Ann Azevedo | 2,022 | 1 | 3 | |
These balls tell you how zen you are | Haje Jan Kamps | 2,022 | 1 | 3 | It’s all good and well to be able to sit cross-legged on a mountain top and feel at one with the universe — but how do you know if you are doing it right or not? For beginner meditators who aren’t sure how they are “meant” to feel in their bodies there’s , which was launched during this year’s virtual CES shenanigans.... |
Please effect a golf clap as Apple’s value reaches $3 trillion | Alex Wilhelm | 2,022 | 1 | 3 | Apple’s rapid valuation ascent of the last few years came to a head today as the Cupertino-based hardware-and-software company reached the $3 trillion market cap threshold, according to data. There’s some quibbling among different data providers, but the is that Apple managed to reach a $3 trillion valuation during... |
Samsung’s 2022 Smart TVs to support cloud gaming, video chat and even NFTs | Sarah Perez | 2,022 | 1 | 3 | Ahead of the official start of CES, Samsung today revealed its vision for its next generation of smart TVs that will include everything from cloud-based gaming services to video chat while watching TV to even NFTs. The company says its 2022 Smart TVs will ship with a new “Smart Hub” that will offer consumers the abilit... |
Indian e-commerce Udaan raises $250 million | Manish Singh | 2,022 | 1 | 4 | Indian commerce startup , which helps merchants secure inventory and working capital, has raised $250 million as it accelerates its scaling efforts and prepares to explore the public markets. The Bengaluru-headquartered startup has raised $200 million via a convertible note and an additional $50 million as debt, its c... |
Your mom owns Web 2.0 | Alex Wilhelm | 2,022 | 1 | 3 | another episode of “Tech versus Tech: Crypto Edition” today. The argument among the tech elite about just who owns what in the Web 2.0 and web3 worlds continued this weekend. And once again the dustup featured former Twitter CEO Jack Dorsey and a16z, the investing firm best known in recent years for its capital deploy... |
3 views: Pay attention to these startup theses in 2022 | Alex Wilhelm | 2,022 | 1 | 3 | rise of software as a service (SaaS) is obvious. But for years, the idea that software would not only be hosted by providers instead of purchased by customers, and rented, instead of owned outright, was far from anyone’s mind. SaaS has cemented its place in the epicenter of startup and Big Tech life, but it’s already ... |
Tencent offloads stakes in allies as it continues investment spree | Rita Liao | 2,022 | 1 | 4 | Chinese internet titan Tencent is divesting its vast portfolio. On Tuesday, the company announced plans to offload more than $3 billion worth of shares in Sea, a Singaporean internet conglomerate, The move came less than a month after Tencent decided to hand $16 million of its stock in JD.com to its shareholders. The t... |
Walmart to expand InHome grocery delivery to 30 million US households in 2022 | Sarah Perez | 2,022 | 1 | 4 | Walmart is expanding its service that will deliver your groceries directly to your refrigerator, the company announced today. First launched in fall 2019, , as it’s called, allows customers to place grocery orders online, then receive their deliveries by having a Walmart associate enter their home by way of a smart lo... |
The year of the disappearing lock-up | Connie Loizos | 2,022 | 1 | 4 | That startup founders are in the driver’s seat has been plain for a while now. Consider the extent to which funding has soared, with investors reportedly plugging a record into early-stage U.S. startups last year — triple what they raised five years earlier. Consider that the median valuation for seed- and early-stag... |
Southeast Asian open finance startup Brankas gets $20M Series B led by Insignia Ventures | Catherine Shu | 2,022 | 1 | 4 | , an open banking startup for Southeast Asian markets, is entering the new year with a $20 million Series B. The funding was led by Insignia Ventures Partners, with participation from returning investors Beenext and Integra Partners. Other backers included Visa (Brankas was a member of its 2021 Accelerator Program), AF... |
Stellantis to transform Chrysler into an all-electric brand by 2028 | Kirsten Korosec | 2,022 | 1 | 4 | brand owned by that is best known today for its minivans, will become an all-electric brand by 2028. The company made the announcement as it introduced the Chrysler Airflow Concept, an all-wheel drive electric SUV concept equipped with two electric motors and a battery designed to travel 350 miles to 400 miles on a ... |
Waverly Labs brings its translation tech to retail transactions with Subtitles | Brian Heater | 2,022 | 1 | 4 | We’ve been covering Waverly Labs for a few years now, primarily focused on the company’s wearable language translators. Today at CES, the Brookyln-based hardware startup unveiled a new form factor for its tech — designed for real-world interactions, and removing the need to share in-ear devices (something that seems li... |
NFT kingpin OpenSea lands monster $13.3B valuation in new raise | Lucas Matney | 2,022 | 1 | 4 | The NFT auction marketplace OpenSea had a blockbuster 2021 and as a result is seeing its private valuation grow more quickly than almost any other startup. OpenSea saw more than $2.4 billion in transaction volume in the past 30 days alone, hauling in some hundreds of millions in fees last year. The firm’s ballooning va... |
null | Kirsten Korosec | 2,022 | 1 | 3 | null |
Sony gives first details on next-gen PSVR2 headset for PS5 | Devin Coldewey | 2,022 | 1 | 4 | Sony has announced some basic information about its much-anticipated next-generation VR hardware for the PS5, which it calls — predictably — PSVR2. Little was revealed about the device beyond its basic specs but it did confirm some features gamers will care about. The original PSVR was a competent, relatively affordabl... |
This lightbulb can monitor your vital signs | Brian Heater | 2,022 | 1 | 4 | Here’s a fun left-field idea from this week: , including heart rate, temperature and tracking sleep. Necessary? Not in the slightest. Interesting, yeah, sure. On the face of it, the product operates in a similar capacity as the — and uses a similar technology. Radar sensing is at the heart of it, measuring changes ... |
Where will our data go when cookies disappear? | James Avery | 2,022 | 1 | 4 | , Google announced plans to eliminate third-party cookies, heralding a massive shake-up for digital advertising and the internet itself. The end of these cookies promises , where the internet becomes privacy-first. At first glance, this update seems to be a step in the right direction, and in many ways, it is. That’s ... |
Daily Crunch: Israel-based cybersecurity startup Siemplify sells to Google for $500M | Alex Wilhelm | 2,022 | 1 | 4 | Hello and welcome to Daily Crunch for January 4, 2022! Yesterday that startup news was kicking off the year a little light, but that that would change quickly. And change it has. In the following we have IPO news, robot news, canned-water startup news, acquisitions and more. Let’s go! — Before we dive into startup ne... |
Sony shows off SUV, will explore building electric cars as ‘Sony Mobility Inc’ | Haje Jan Kamps | 2,022 | 1 | 4 | At CES in Las Vegas this evening, Sony’s Chairman, President and CEO Kenichiro Yoshida showed off a brand new prototype of its Vision S concept electric car, and announced that the Sony Group is starting a new division — the Sony Mobility Inc – which will start commercializing its electric vehicles. On the CES stage du... |
Hyundai sends Boston Dynamics’ Spot robot into the metaverse | Brian Heater | 2,022 | 1 | 4 | One thing’s for certain: Hyundai has some grand ambitions for its robotics development. And thus far, the automaker has been willing to put its money where its mouth is, most notably in the form of its acquisition of Boston Dynamics, which valued the robotics pioneer at north of $1 billion. Robotics are, predictably, t... |
OnePlus 10 Pro will launch with a beefy battery and latest Snapdragon | Brian Heater | 2,022 | 1 | 4 | OnePlus has seemingly taken a page out of co-founder Carl Pei’s book with the 10 Pro launch. Gone, it seems, are the days where we get everything we want to know about an upcoming device in one handy location. Instead, the company’s meting out information about its latest flagship, piece by piece. Overnight we got the ... |
BMW unveils the iX M60 | Frederic Lardinois | 2,022 | 1 | 4 | BMW’s has always been about taking the German luxury car manufacturer’s production vehicles a few steps further. And like its competitors, the company has long thought about what the combination of electric drivetrains and advances in autonomous driving will mean for brands like BMW M. The first all-electric M car wa... |
Anker debuts a 2K webcam with built-in lighting, speakers and more for $220 | Brian Heater | 2,022 | 1 | 4 | One thing I’m expecting to see a lot more of : good remote work gear. There’s plenty of room for improvement in the field, and as we stare down the beginning of year three of this global pandemic, you’ve got to assume most hardware companies have something up their sleeve, even if they missed out on the first round of... |
John Deere’s self-driving tractor arrives later this fall | Brian Heater | 2,022 | 1 | 4 | The 8R tractor has been in select customers’ hands for “a few seasons” now, according to John Deere. After all, like any kind of autonomous machinery, a self-driving tractor isn’t the kind of thing you just unleash on the world without extensive testing. Prototypes have been piloted in fields since fall 2019. Come fall... |
Panasonic to use Redwood’s recycled materials in battery cell production at Tesla gigafactory | Kirsten Korosec | 2,022 | 1 | 4 | Panasonic battery cells made at the Gigafactory it operates with Tesla will use more recycled materials by the end of 2022 as part of an expanded partnership with startup Redwood Materials. Panasonic said Tuesday at the that Redwood Materials will start supplying it with copper foil produced from recycled materials, ... |
LiLz uses computer vision to read gauges and dials where humans prefer not to tread | Devin Coldewey | 2,022 | 1 | 4 | No one wants to be the maintenance worker who has to hike through half a mile of damp hallways just to check the pressure gauge on a valve somewhere. makes it possible to keep an eye on such inconvenient physical interfaces remotely with a clever and practical application of machine learning. The Japanese (specifical... |
Payroll startup PayFit is France’s latest unicorn as it raises $289 million | Romain Dillet | 2,022 | 1 | 5 | French startup just announced that it closed a new $289 million Series E round (€254 million) before the holidays. Following this round, the startup has reached a post-money valuation of $2.1 billion (€1.82 billion). The company has been building a payroll and HR software-as-a-service platform for small and medium co... |
Korean car-sharing startup SOCAR has filed for an IPO | Kate Park | 2,022 | 1 | 5 | null |
Your kids can get lost in Disney with these storytelling headphones | Haje Jan Kamps | 2,022 | 1 | 5 | Some of my favorite childhood memories include being read to, and learning to read myself to get lost in a book. If you’ll forgive me the moment: It’s a grievous loss that many children are so comprehensively surrounded by screens that it’s hard to experience this. I was delighted, then, to see launch its StoryPhon... |
AARP Innovation Labs takes a holistic approach to elder tech at CES | Catherine Shu | 2,022 | 1 | 5 | When young (or youngish) people think of elder tech, they may picture mostly clinical solutions — telemedicine platforms, for instance. Growing older, however, doesn’t just have a physical component. Isolation, for example, is a serious issue for elderly people, especially during the pandemic. And older people still ha... |
Dear Sophie: With the H-1B lottery looming, how should we approach overseas hiring? | Sophie Alcorn | 2,022 | 1 | 5 | Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says , a Silicon Valley immigration a... |
5 growth marketing predictions for 2022 | Jonathan Martinez | 2,022 | 1 | 5 | year in growth marketing, what with the meteoric rise of TikTok, radical iOS privacy shifts and as of September 30. All of this new money has meant heavier investments in growth marketing throughout 2021. The heavier investments have occurred during uncertain times, with startups scrambling to find ways to measure i... |
As CES goes hybrid, connected fitness companies have another big year | Brian Heater | 2,022 | 1 | 5 | been the healthiest week for me. Aside from some unintentional intermittent fasting, TechCrunch really has the habit of doing it up with our team dinners at the show, to say nothing of Matt’s near religious devotion to a Mexican place named Tacos & Beer. In my defense, I will say that there’s never been a year that I ... |
Doosan announces $33.7M raise, as it introduces a robotic camera system at CES | Brian Heater | 2,022 | 1 | 5 | Doosan Robotics this week announced $33.7 million in funding, led Praxis Capital Partners and Korea Investment Partners. The fundraising news arrives as the Seoul-based company shows off its wares at CES in Las Vegas. The company says the funding will be used to increase research and development and attract new partner... |
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