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Cadillac’s new self-driving concept is a luxury loveseat on wheels | Devindra Hardawar | 2,022 | 1 | 5 | After introducing a six-person self-driving box and , GM’s latest luxury self-driving EV idea is much more grounded. The looks like a futuristic car from the outside—but inside, there’s a two-seat loveseat surrounded by one of the widest screens we’ve ever seen. There’s no steering wheel or pedals, of course. Instead... |
Power1 is an iPhone battery case with a spot for your AirPods | Brian Heater | 2,022 | 1 | 5 | Perhaps was ahead of its time. It certainly made sense for devoted Apple fans: a one-stop portable charging solution for one’s iPhone and AirPods. The product also had the pedigree to match, including Pebble co-founder (and future YC partner) Eric Migicovsky. Ultimately the project failed to reach its lofty $300,000 ... |
Daily Crunch: $360M funding round values Fractal ‘well north of $1 billion,’ says co-founder | Alex Wilhelm | 2,022 | 1 | 5 | Hello and welcome to Daily Crunch for January 5, 2021! Today we have a great mix of news for you. Mega-rounds? Heck yes. Electric trucks from U.S. companies? Yep! Android cozying up to Windows? But of course. And some great essays on lock-up periods, LP transparency and more. But before we do that, every once in a whil... |
Software stocks get punched in the face (again) | Alex Wilhelm | 2,022 | 1 | 5 | Some of the most high-flying stocks of the pandemic are struggling in the new year and it’s bad news for tech companies of all sizes. yesterday that software stocks were having a pretty poor start to the year. That was, it turned out, only the beginning of the damage. Today’s trading took yet another bite out of the k... |
BMW wants to turn your car into a rolling cinema | Frederic Lardinois | 2,022 | 1 | 5 | After fitting some of its cars with comfy lounge chairs at , BMW today unveiled the next step in its in-car entertainment story: a 31-inch 8K smart TV with support for Amazon’s Fire TV service (with a country-specific streaming service for China in the works, too). This new 32:9 “My Mode Theatre” screen for rear passe... |
MVP versus EVP: Is it time to introduce ethics into the agile startup model? | Anand Rao | 2,022 | 1 | 5 | The rocket ship trajectory of a startup is well known: Get an idea, build a team and slap together a minimum viable product (MVP) that you can get in front of users. However, today’s startups need to reconsider the MVP model and the market grows increasingly conscious of the ethical implications of AI augmenting or r... |
Petal nears unicorn status with fresh $140M in capital to upend ‘broken’ traditional credit system | Mary Ann Azevedo | 2,022 | 1 | 5 | Petal . That new B2B platform, designed to help other fintech startups and financial institutions use Petal’s “CashScoring” technology to grow their own businesses, in early 2021 and is described as a “sister company” by Gross. “We’re following in the footsteps of other fintech firms like Lithic and Upstart that ha... |
Electric Chevrolet Equinox, Chevrolet Blazer SUVs are coming in 2023 | Kirsten Korosec | 2,022 | 1 | 5 | General Motors is adding two more electric vehicle SUV models under the Chevrolet brand by 2023 in addition to the upcoming Silverado EV WT pickup, General Motors CEO and Chair Mary Barra said at the tech trade show Wednesday. The company, which , also announced that it will begin selling electric versions of the Ch... |
null | Walter Thompson | 2,022 | 1 | 4 | null |
BMW shows off a color-changing car | Frederic Lardinois | 2,022 | 1 | 5 | After first teasing it a few weeks ago, BMW today officially unwrapped its color-changing car at CES. The BMW iX Flow, as the German automaker has dubbed this experimental vehicle, is wrapped in what is basically a form of e-paper, which BMW developed in cooperation with . As of now, we’re only talking about black and... |
Constant compliance is security theater | Justin Beals | 2,022 | 1 | 5 | CTO, I know that integrations are required to deliver data-driven products online. I’ve designed transactional data systems that integrated with global telecom networks, applicant tracking systems and cloud-based infrastructures. Powerful integrations are not hard to conceive. It’s easy to identify data you would like... |
Why it matters having Matter support for your new smart home device | Christine Hall | 2,022 | 1 | 5 | As companies unveil their new smart home devices at the 2022 CES tech show, underway now in Las Vegas, much of the hype involves , an open source connectivity standard built around a shared belief that smart home devices should seamlessly integrate with other systems and be secure and reliable. If you like devices, yo... |
The Chevy Silverado finally goes electric | Matt Burns | 2,022 | 1 | 5 | General Motors just pulled the sheet off the Chevrolet Silverado EV. It has a range of 400 miles, up to 664 horsepower and a starting price of $39,900 for a basic work truck edition. The fully loaded, four-wheel steering RST First Edition costs $105,000. Both will hit production lines in 2023. Can’t wait? Get in line f... |
Alienware’s Concept Nyx is an at-home gaming server that may never exist | Brian Heater | 2,022 | 1 | 2 | Over the last few years, Dell (and its gaming brand, Alienware) has grown fond of showing off concept devices — as a potential look at what may be coming down the road. In fact, it’s a growing trend in the consumer electronics industry at large, taking a page out of the automotive world’s book. Depending on how you loo... |
Twitter bans Rep. Marjorie Taylor-Greene’s personal account over COVID-19 misinformation | Devin Coldewey | 2,022 | 1 | 2 | Twitter has permanently suspended the personal account of Rep. Marjorie Taylor-Greene (R-GA) “for repeated violations of our COVID-19 misinformation policy,” according to the company. Her official government account remains active. Rep. Greene has been prolific in the posting of articles and statistics supposedly perta... |
Gillmor Gang: Rage On | Steve Gillmor | 2,022 | 1 | 2 | This argument over Web3 is really exciting. How does one call out either of the two main protagonists? Jack Dorsey has an unlimited hall pass now that he’s free of Wall Street’s hound dogging adult supervision of Twitter, and he’s using it for some subtle purpose. I don’t know the guy well, but I’ve always appreciated ... |
Peloton CEO acknowledges corrective actions, denies ‘halting all production’ of bikes and treadmills | Brian Heater | 2,022 | 1 | 20 | Ahead of the company’s upcoming earnings, Peloton CEO John Foley took a break from a “quiet period” to address a number of reports related to poor device sales. The executive issued a denial that the company is as demand for the devices has begun to crater amid gym re-openings. Under the heading, “Rumors that we are ... |
AIMMO bags $12M Series A to advance data labeling technology | Kate Park | 2,022 | 1 | 2 | Founded in 2016 by chief executive officer SeungTaek Oh, the startup has three data annotation tools: AIMMO DaaS, which manages sensor fusion data for autonomous vehicle corporations; AIMMO GtaaS, a turnkey-based platform for big data; and AIMMO Enterprises, launched in 2020, a web-based SaaS annotation labeling tool u... |
Netflix had its lowest year of subscriber growth since 2015 | Amanda Silberling | 2,022 | 1 | 20 | Despite producing global hits like “Squid Game” in 2021, Netflix’s show the streaming giant struggling to maintain a lead over its competitors. The company fell short of its projections for new subscribers this quarter, adding 8.3 million as opposed to its projected 8.5 million — it also projects to add just 2.5 mill... |
5 areas where VCs can play an outsized role in addressing climate change | Jamil Wyne | 2,022 | 1 | 20 | and finance leaders have that the world’s first trillionaire will be someone tackling climate change and that many climate are on the way, current VC levels are dwarfed by the mind-boggling funding amounts that are needed to give humanity a fighting chance. As of October, climate-tech startups had over $32 billi... |
Daily Crunch: Following ‘significant reduction’ in demand, Peloton puts brakes on production | Alex Wilhelm | 2,022 | 1 | 20 | Hello and welcome to Daily Crunch for January 20, 2022! Today’s theme is . Sure, the creator economy grew last year, but this year more major platforms are working to help power individual artists. And sure, last year was one of the best for crypto startups, but now even more big companies are getting into the mix. Oh... |
The first big tech antitrust bill lumbers toward reality | Taylor Hatmaker | 2,022 | 1 | 20 | A major Senate bill that would prevent tech companies from giving preference to their own products and services just passed a significant hurdle in Congress, bringing it one step closer to becoming law. The Senate Judiciary Committee voted today on the moving the prominent antitrust bill toward a vote before the full ... |
ANYmal’s quadrupedal robot takes a hike | Brian Heater | 2,022 | 1 | 20 | It’s been pretty astonishing to see what robotics researchers have been able to accomplish with legged robots over the past few years. Oregon State University taking . This week researchers at ETH Zurich announced that they were stretching their own physical capabilities in similar fashion by . The team trained the... |
Ahead of a February event, Samsung teases Galaxy S/Note merger | Brian Heater | 2,022 | 1 | 20 | Last summer, Samsung announced that – for the first time in a decade – it wouldn’t be releasing a new Note. The future of the well-loved phablet was a big, open question, as the hardware giant acknowledged a shift in focus to foldables, a form factor it felt was finally ready for a truly mainstream push. Further muddyi... |
An early bet on Solana and others has led to a new, $500M fund for Foundation Capital | Connie Loizos | 2,022 | 1 | 20 | , an early-stage venture firm with offices in Palo Alto and San Francisco, has been around for 27 years, in . It has been sprawling, it has been small, it has thrived, it has teetered. In 2022, it’s in expansion mode once again. Three years after closing its ninth fund with $350 million in capital commitments with thr... |
Inside Secfi’s 2021 state of stock options equity report | Frederik Mijnhardt | 2,022 | 1 | 20 | a new record for public exits, with more than 844 U.S. companies going public via an initial public offering (IPO), a direct listing, or through a special purpose acquisition company (SPAC). That’s 105% higher than 2020, which saw 410 similar companies go public, according to PitchBook. The 20 largest U.S. IPOs genera... |
null | Alex Wilhelm | 2,022 | 1 | 5 | null |
Spotify still tops other music services, but its market share declined | Amanda Silberling | 2,022 | 1 | 20 | Music streaming is continuing to grow around the world. According to a new , an entertainment research firm, 523.9 million people subscribed to a music streaming service globally as of the second quarter of 2021. This marks a 109.5 million (26.4%) increase since the previous year. Though Spotify remains the most-subsc... |
TBD turns an STI into NBD with at-home testing for sexually transmitted infections | Haje Jan Kamps | 2,022 | 1 | 20 | Sexual health isn’t the taboo it once was, but that doesn’t mean everything is all roses and unicorns in the land of STI testing. is taking a fresh new approach with at-home testing made available for vagina-havers. The company has been offering , and recently opened an in-person clinic in Las Vegas. I spoke to the ... |
Don’t underestimate first-time founders | Anna Heim | 2,022 | 1 | 20 | PayFit is after raising a $289 million Series E round. It’s not France’s only recent unicorn, though: , , and also joined the club this month. If you add ’s $510 million Series E round valuing the company at $5.7 billion, things are shaping up well for French tech in 2022. As you can imagine, the pace of new ... |
The pandemic trade is over | Alex Wilhelm | 2,022 | 1 | 20 | News broke today ( ) that Peloton is . Compare and contrast the following headlines, the first from May 2020 : And today: Calling an event after it has happened is lazy newswriter cliche, but it is fair today to say that is over. The concept was pretty simple: As COVID-19 spread across the planet, lockdowns and a g... |
Advanced driver assistance tech in cars today won’t pass IIHS’ new safety rating | Kirsten Korosec | 2,022 | 1 | 20 | Not a single advanced driver assistance system offered in today’s new vehicles would meet pending safety criteria being developed by the Insurance Institute for Highway Safety, according to the organization. The nonprofit that is funded by auto insurance companies said Thursday that its new rating program will evaluate... |
Pay Misty for me | Brian Heater | 2,022 | 1 | 20 | Misty’s founders a number of times over the years, often in hotel suites at CES where the company was showing off their humanoid robot’s latest capability. The firm started life in mid-2017, as a spinoff of Sphero, which was dealing with its own growing pains at the time, moving from entertaining robots with help from... |
How to build a product advisory council for your startup | David Annis | 2,022 | 1 | 20 | rapidly increased the pace at which companies must evolve to serve their customers, but as the world goes digital, it has also become harder to anticipate changing needs. In order to design, build and maintain a product that meets changing customer demands, companies need a mechanism that provides unbiased insights fr... |
TikTok begins testing support for paid subscriptions | Aisha Malik | 2,022 | 1 | 20 | TikTok is testing support for paid subscriptions, the company confirmed to TechCrunch on Thursday. As first reported by , the popular short-form video app is exploring the option for creators to charge subscriptions for their content. The feature is part of a limited test for the time being and is not broadly availabl... |
Prophecy raises $25M for its low-code data engineering platform | Frederic Lardinois | 2,022 | 1 | 20 | , a low-code platform for data engineering, today announced that it has raised a $25 million Series A round led by Insight Partners. Existing investors SignalFire and Berkeley Skydeck, as well as new investor Dig Ventures, also participated in this round, which brings the company’s total funding to $31 million. At the ... |
Peloton reportedly pauses bike and treadmill production amid slowed demand | Brian Heater | 2,022 | 1 | 20 | To say the last few years have been a roller coaster for Peloton barely scratches the surface. Once flying high on exploding pandemic demand, the company has been confronted with what it has deemed a “significant reduction” in its connected fitness products, including a series of treadmills and bikes. Following a prese... |
Kenyan e-commerce company Copia Global raises $50M to ramp up African expansion | Tage Kene-Okafor | 2,022 | 1 | 18 | Copia Global Tim Steel (CEO, Copia Global) Els Boerhof, the managing partner at Goodwell Investments, said in a statement. |
Twitter launches NFT Profile Pictures — but only for Twitter Blue subscribers | Sarah Perez | 2,022 | 1 | 20 | Twitter today is introducing a new feature that will allow users to show off their NFTs, or non-fungible tokens — a way to certify digital assets stored on the blockchain. The company is to Twitter Blue subscribers on iOS by way of Twitter Blue’s early access Labs feature. Support for Twitter’s NFT product will later... |
Sequoia Capital India looks to double down on commerce startup Bikayi | Manish Singh | 2,022 | 1 | 18 | Bikayi is in talks to raise about $50 million in a new financing round, four people familiar with the matter told me, as the Indian startup looks to scale its platform that helps small businesses set up and run their e-commerce stores. Tiger Global and Sequoia Capital India are holding conversations with the Indian sta... |
Kenyan fintech Zanifu nabs $1M to bridge MSME financing gap, eyes Ghana, Uganda expansion | Annie Njanja | 2,022 | 1 | 18 | Kenyan fintech is set to upgrade its platform and grow the number of micro, small and medium enterprises (MSMEs) it extends stock financing to after securing $1 million in seed funding. Saviu Ventures, which invested in the startup’s pre-seed round early 2020, Launch Africa Ventures, Sayani Investments and a number o... |
SoftBank leads cash infusion into AI infrastructure company Pyxis One as it starts year with new name | Christine Hall | 2,022 | 1 | 18 | Pyxis One, now , closed on $100 million in Series C funding to continue developing what it touts as “the world’s only contextual codeless AI infrastructure for complete marketing optimization.” SoftBank Vision Fund 2 led the round and was joined by new investor General Atlantic, and existing investors Celesta Capital,... |
Philippines ‘buy now, pay later’ startup BillEase scores $11M Series B | Catherine Shu | 2,022 | 1 | 18 | Buy now, pay later (BNPL) startups are and the Philippines is no exception. Today, one of the country’s biggest BNPL providers, , announced it has raised an $11 million Series B. The round was led by BurdaPrincipal Investments, the growth capital arm of Hubert Burda Media. Other participants included Centauri, a joi... |
Gillmor Gang: Director’s Cut | Steve Gillmor | 2,022 | 1 | 18 | Politics and tech are certainly strange bedfellows. The Gang loves to talk about filibusters and the fall of democracy, but forget it when I try to bring up my fascination with live audio. That is understandable; we never talk about the little stuff until there’s a battling billionaire angle. So it was that Jack Dorsey... |
OpenSea buys DeFi wallet startup Dharma Labs, appoints new CTO | Lucas Matney | 2,022 | 1 | 18 | NFT marketplace OpenSea is putting some of its freshly raised funds to good use, buying up crypto wallet startup Dharma Labs, the company today. The announcement follows a report earlier this month in that detailed OpenSea was in talks to buy the startup for between $110 million and $130 million. Dharma’s Ethereum ... |
New privacy bill would put major limits on targeted advertising | Taylor Hatmaker | 2,022 | 1 | 18 | A new bill seeks to dramatically reshape the online advertising landscape to the detriment of companies like Facebook, Google and data brokers that leverage deep stores of personal information to make money from targeted ads. The bill, the , introduced by Reps. Anna Eshoo (D-CA) and Jan Schakowsky (D-IL) in the House ... |
Better.com CEO Vishal Garg returns to work amid controversy regarding his leadership | Mary Ann Azevedo | 2,022 | 1 | 18 | Garg had also recently reportedly accused “at least 250″ terminated staffers of stealing from the company and customers by working just two hours a day |
Daily Crunch: In an all-cash deal, Microsoft will buy Activision Blizzard for $68.7B | Alex Wilhelm | 2,022 | 1 | 18 | Hello and welcome to Daily Crunch for January 18, 2022! Today kicked off the working week with a bang, thanks to Microsoft and another public company. But will all deals announced become deals completed? We’ll see. We also have an acre-feet of startup news items for your enjoyment. Let’s go! – Before we dive into the ... |
500 Global’s Christine Tsai shares her 2022 VC predictions | Christine Tsai | 2,022 | 1 | 18 | blockbuster year for global venture funding, with . Deal activity is at record highs. Last year, a total of $643 billion was invested globally, , compared with $335 billion in 2020 – that’s 92% growth year over year. Beyond being awash in capital, the VC industry has also seen a historic number of exits. A record nu... |
Rocket Lab acquires SolAero Holdings for $80M to boost space solar cell production | Rebecca Bellan | 2,022 | 1 | 18 | Rocket Lab is on a mission to vertically integrate space solutions. On Tuesday the launch and space systems company announced the close of a deal to acquire SolAero Holdings, a supplier of space solar power products and precision aerospace structures, for $80 million in cash. Buying SolAero, a 24-year-old, New Mexico-b... |
Volkswagen and Bosch set up JV to push European battery production | Rebecca Bellan | 2,022 | 1 | 18 | Volkswagen and Bosch have signed a memorandum of understanding to explore a joint venture dedicated to providing Europe with battery equipment solutions. The two companies aim to supply integrated battery production systems and on-site ramp-up and maintenance support for battery cell and system manufacturers, Volkswage... |
FTC challenges consolidation in tech with review of merger guidelines | Devin Coldewey | 2,022 | 1 | 18 | It’s a sign of the times that on the very same morning, the FTC and Justice Department with an eye to preventing anti-competitive acquisitions — and a megacorp announced a $69 billion deal that would further consolidate an industry already dominated by a handful of players. That’s not to say that is necessarily ant... |
Equity Tuesday: What to make of the Microsoft-Blizzard deal | Alex Wilhelm | 2,022 | 1 | 18 | Hello and welcome back to , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Tuesday show, our short ramp into the week where we talk about the larger picture to get our feet wet. We’re a day late due to an American holiday, and later in the day thank... |
null | Anita Ramaswamy | 2,022 | 1 | 20 | null |
Animoca Brands has raised funding at a more than $5B valuation, triple where it was in October | Connie Loizos | 2,022 | 1 | 18 | , an eight-year-old, 600-person Hong Kong-based outfit that has managed to put its stamp on many of the world’s most popular NFT and metaverse brands, has raised roughly $360 million in fresh funding at a valuation of more than $5 billion, the company announced today. It’s a big leap from the $2.2 billion valuation the... |
Could humanlike behavior make smart devices more engaging? MIT researchers think so | Brian Heater | 2,022 | 1 | 18 | Jibo may have breathed its last robotic breaths back in 2019, but researchers at MIT believe the social robot may have been onto something. Sure, the world wasn’t ready for a pricey social robot a few years back, but that doesn’t mean there aren’t some positives to take away from the experience — namely, the value of i... |
Blink Charging to supply EV chargers to General Motors dealerships | Rebecca Bellan | 2,022 | 1 | 18 | Blink Charging, an electric vehicle charger manufacturer, will be deploying EV chargers at General Motors dealerships across the U.S. and Canada, according to the company. The startup will be teaming up with facility solutions provider ABM to supply its new IQ 200 Level 2 chargers to GM. While Blink is by no means a sm... |
Tesla shareholders urge judge to find Musk coerced board to buy SolarCity | Rebecca Bellan | 2,022 | 1 | 18 | Tesla’s shareholders have urged a judge to find that CEO Elon Musk coerced the company’s board to acquire SolarCity in 2016, a transaction that a group of shareholders allege was a “bailout” of the failing solar company of which Musk was the top shareholder. During a Zoom hearing on Tuesday, the shareholders asked that... |
Snapchat says it’s getting better at finding illicit drug dealers before users do | Taylor Hatmaker | 2,022 | 1 | 18 | Snapchat has faced increasing criticism in recent years as the opioid crisis plays out on social media, often with tragic results. In October, an reported the stories of a number of young people aged 13 to 23 who died after purchasing fentanyl-laced pills on Snapchat. That month, Snapchat parent company Snap committe... |
Inside Iyin Aboyeji’s plan to build charter cities for African tech | Tage Kene-Okafor | 2,022 | 1 | 27 | sub-Saharan ones, have the fastest global urban growth rate. But with challenges around overcrowding, congestion, infrastructure, power and poor governance, these cities are maxed out in what they can provide to the average African living in urban environments. A small piece I wrote about my moonshot startup project –... |
Google to invest up to $1 billion in Indian telecom operator Airtel | Manish Singh | 2,022 | 1 | 27 | Google will invest as much as $1 billion in the Indian telecom operator Airtel, the latest in a series of bets the search giant has made in the world’s second largest internet market as part of . Google said it will invest $700 million to acquire a 1.28% stake in Airtel, the second largest telecom operator in India wi... |
Zapp snaps up $200M to supersize its instant grocery play | Ingrid Lunden | 2,022 | 1 | 27 | , the instant grocery delivery startup that launched in 2020 in London, has picked up a substantial round of funding to go head-to-head with Getir, Gopuff, Jiffy, Deliveroo and the many others hungry for a share of the on-demand convenience market. It has raised $200 million, a Series B round of funding that Zapp said ... |
Edtech startups flock to the promise and potential of personalized learning | Natasha Mascarenhas | 2,022 | 1 | 27 | instruction left many parents freshly aware of (and annoyed by) the shortcomings of Zoom school, but for , COVID-19 brought an epiphany: the importance of a headset. McLaren’s son, who deals with executive dysfunction, was better able to focus through the screen because he used a headset that blocked out some other n... |
Amazon must pay $2M and end program after price-fixing investigation by Washington AG | Devin Coldewey | 2,022 | 1 | 27 | Amazon must a previously suspended sales program, following an investigation and lawsuit by the attorney general of Washington alleging it was essentially price fixing. “Sold By Amazon” basically worked like this. Amazon would contact a third-party seller and they would agree on a minimum price for an item. If Amazon... |
Investors are turning their focus away from private shares to public stocks, says crossover investor | Connie Loizos | 2,022 | 1 | 27 | A lot of public market investors began elbowing their way into the world of venture-backed startups roughly a decade ago, and the ripple effects have been obvious. Think faster funding rounds across the board, higher valuations and venture firms that have raised increasingly bigger funds rather than cede territory to t... |
Google Play is getting an ‘Offers’ tab to display deals on games and apps | Aisha Malik | 2,022 | 1 | 27 | Google Play is introducing a new “Offers” tab to help users discover deals on games and apps, Google on Thursday. The company says the tab will surface deals across travel, shopping, media, fitness and entertainment apps. Although Google already shows users various types of offers throughout the Play Store, the new t... |
Daily Crunch: 4 years after launch, fintech platform Esusu saddles unicorn with $130M Series B | Alex Wilhelm | 2,022 | 1 | 27 |
Hello and welcome to Daily Crunch for January 27, 2022! Today’s news is a pretty positive roundup. New fund? Oh yeah. Huge rounds? You bet. We even have new unicorns to discuss. On the other side of the coin, the IPO market appears more ossified than open. – We have a host of mega-rounds to chat through today, but f... |
Apple hits record revenue as iPhone sales defy supply chain shortages | Brian Heater | 2,022 | 1 | 27 | After ditching guidance at the beginning of the pandemic, Apple had plenty of reason to smile as it reported its single-largest quarterly revenue. Even in the face of pandemic uncertainty and supply chain constraints, the hardware giant , racking up an 11% growth in sales. Things were rosy overall on the hardware fron... |
Latest Apple OS betas deliver Face ID with a mask and Universal Control | Brian Heater | 2,022 | 1 | 27 | Apple just dropped a bunch of new OS betas, bringing a pair of long-awaited features. IOS Beta 15.4 delivers the ability to unlock your phone with Face ID while wearing a mask (really upper-Face ID, if we’re going to be pendantic about it), while versions beta 15.4 of iPadOS and MacOS 12.3 deliver the delayed features,... |
Let’s make the teen Tesla hack a teachable moment | Assaf Harel | 2,022 | 1 | 27 | The buzz about 19-year-old Tesla hacker David Colombo is well deserved. A flaw in third-party software across 13 countries. The hacker shared that he was able to remotely unlock the doors, open the windows, blast music and start each vehicle. The vulnerabilities he exploited aren’t in Tesla’s software, but in a third... |
null | Maria Lepskaya | 2,022 | 1 | 18 | null |
New modes of ownership: From torrents to music NFTs | Chris Fortier | 2,022 | 1 | 27 | When you were pirating Outkast in 2003, could you have imagined a world where you earn royalties for owning a copy of that MP3? At a time when NFT and web3 criticism is reaching fever pitch, hip-hop legend and innovator Nas is selling two of his singles as NFTs, . The rising popularity of music NFTs brings a particular... |
Web3’s early promise for artists tainted by rampant stolen works and likenesses | John Biggs | 2,022 | 1 | 27 | Jillian C. York didn’t want to be a non-fungible token. A Berlin-based author and activist, York is also the director for International Freedom of Expression at the Electronic Frontier Foundation. For some reason — York doesn’t agree with her inclusion there — her name also appears on a list of so-called Cypherpunks ... |
India’s Moglix valued at $2.6 billion in $250 million funding | Manish Singh | 2,022 | 1 | 27 | Moglix has more than doubled its valuation to about $2.6 billion from $1 billion just eight months ago as the Indian industrial business-to-business marketplace aggressively scales its offerings in many parts of the world. Alpha Wave Global (formerly called Falcon Edge Capital), which led the seven-year-old startup’s ... |
Atlassian acquires Percept.AI | Frederic Lardinois | 2,022 | 1 | 27 | Atlassian today announced that it has acquired , an AI company from Y Combinator’s summer 2017 batch that offers an automated virtual agent support solution — a chatbot, basically — based on a proprietary AI engine for natural language understanding. Atlassian plans to integrate this virtual agent technology into , i... |
TikTok is confronting Holocaust misinformation, but antisemitism persists | Amanda Silberling | 2,022 | 1 | 27 | In honor of International Holocaust Remembrance Day, TikTok a portal on its Discover page this morning, intended to educate users about the historic catastrophe, as well as the ongoing threat of antisemitism. The platform also hosted a similar portal . When users navigate to the Discover page on the TikTok mobile ap... |
European, North American edtech startups see funding triple in 2021 | Rhys Spence | 2,022 | 1 | 27 | as 2019, the edtech ecosystem could have been likened to a shallow well. Funding and activity were centered in a couple of markets and there were just a few growing companies gaining interest. But that’s no longer the case. Gone are the days when pitches to VCs would have to overcome skepticism on market size, and con... |
Facebook ditches Diem stablecoin with asset sale to Silvergate | Romain Dillet | 2,022 | 1 | 27 | The , a consortium of companies working on a blockchain-based payment system, is selling its technology assets to Silvergate Capital for $200 million, according to . Meta, the company formerly known as Facebook, is one of the founding members of the association. Diem represented Facebook’s most ambitious bet on crypt... |
Laparoscopic surgery performed by a robot without human assistance | Brian Heater | 2,022 | 1 | 27 | Researchers at Johns Hopkins this week noting that their Smart Tissue Autonomous Robot (STAR) system has completed laparoscopic surgery on a pig tissue without human guidance. The surgery, which involves the connecting of two instestinal ends, was performed successfully on animals, with a “significantly better” resul... |
The robotic arm of the law | Brian Heater | 2,022 | 1 | 27 | where to start this week. Any temporary slowdown we might have experienced over the holidays has been wiped away. Once again, we find ourselves knee deep in robotics news, like the trash compactor scene in A New Hope — only without the closing walls, Death Star and weird little one-eyed monster. Honestly, the whole an... |
India’s Refyne raises $82 million to help workers get faster access to wages | Manish Singh | 2,022 | 1 | 11 | Refyne has raised a new financing round, just seven months after securing its previous funding, as the Bengaluru-based startup scales its platform that helps workers access their earned salaries in real time. Tiger Global led Refyne’s $82 million Series B funding, the two said Wednesday. Existing backers QED Investors,... |
Blockchain gaming survey: 7 investors discuss regulation, opportunities and NFT hype | Karan Bhasin | 2,022 | 1 | 11 | has always been on the bleeding edge, but blockchain gaming is still widely viewed as emerging technology. In October 2021, Valve banned all blockchain-related games from its Steam platform. Meanwhile, within Axie Infinity, an NFT-based online game, new players are paying hundreds of dollars to acquire mythical pets a... |
Despite blockchain gaming’s play-to-earn angle, I prefer to pay | Alex Wilhelm | 2,022 | 1 | 11 | thing that venture capitalists have taught me, it’s that aligned incentives can kick ass. It’s a phrase you’ll hear often if you spend time with professional private market investors. But if I summon my collegiate years, the phrase is really just the economic principle that individuals respond to incentives, restated ... |
Daily Crunch: After clinching $12.3B valuation, Brex hires Meta exec as chief product officer | Alex Wilhelm | 2,022 | 1 | 11 |
Hello and welcome to Daily Crunch for January 11, 2022! Today we have new venture funds, spyware news, Brex raising (again), and more. We’re back to 100% of last year’s startup and technology news pace, so we do hope you are rested up. It’s going to be a hectic, busy year. – Kicking off our startup coverage today, a... |
Harry’s files paperwork for fresh $139.9M financing | Natasha Mascarenhas | 2,022 | 1 | 11 | A year after the FTC blocked from getting acquired by Edgewell Personal Care, the direct-to-consumer razor startup raised $155 million in Series E financing to give it a $1.7 billion valuation. Now, months later, Harry’s filed paperwork indicating that it has raised another nine-figure cash tranche. show that Harry’... |
Tumblr adds a sensitive content toggle on iOS to comply with App Store rules | Amanda Silberling | 2,022 | 1 | 11 | For weeks, Tumblr on iOS for a variety of tags to comply with the App Store’s guidelines. Today, Tumblr is trying to by rolling out a sensitive content toggle for its iOS app, which allows users to opt-in to seeing sensitive content. (The toggle opts you out of seeing sensitive content by default.) When you search ... |
A startup founder’s guide to allocating equity grants | Kirsten Prost | 2,022 | 1 | 11 | for talent, equity compensation has become more important than ever, but it’s not the easiest concept to explain, especially in privately funded companies. Equity isn’t a new concept. Public and private companies have been using stock options (or RSUs) to recruit, motivate and retain talent for decades. However, equit... |
Back Market reaches $5.7B valuation for its refurbished device marketplace | Romain Dillet | 2,022 | 1 | 11 | French startup has raised another mega round of funding. In May, the company raised a . Today, the company is announcing a $510 million Series E round, which values the company at $5.7 billion. If you’re not familiar with Back Market, the company operates a marketplace of refurbished electronics devices — mostly sma... |
Here’s what happened when Mercedes-AMG got its hands on the all-electric EQS | Roberto Baldwin | 2,022 | 1 | 11 | the dense fog. Then there was the snow. But inclement weather couldn’t put a damper on the AMG iterations of Mercedes’ flagship EV or its latest generation SL. Performance, luxury, comfort, and technology all hit the mark even when the AMG team gets their hands on the and the latest SL Roadster. At its core, the 202... |
Tupu.io wants to help women thrive in tech jobs through mentorship | Ron Miller | 2,022 | 1 | 11 | Monica Sarbu, co-founder and CEO at , has more than 15 years of experience working at tech companies. She never had a mentor to help her navigate her way inside the organizations where she worked, but she saw how some women and other historically underrepresented people struggled to find their way. She began thinking ... |
TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt | Walter Thompson | 2,022 | 1 | 11 | You don’t need to be a scientist to understand the impacts of factory farming: if you’ve been near a North Carolina hog waste lagoon or driven past the enormous cattle feedlot in Coalinga, CA, the smell travels for miles. In exchange for affordability and convenience, consumers, regulators and meat producers have learn... |
null | Alex Wilhelm | 2,022 | 1 | 27 | null |
Locket, an app for sharing photos to friends’ homescreens, hits the top of the App Store | Sarah Perez | 2,022 | 1 | 11 | A new social app, , popped to the top of the App Store charts in recent days thanks to its clever premise to put live photos from friends in a widget on your iOS homescreen. In other words, it turns Apple’s widget system — typically used to showcase information like news, weather, inspirational quotes or photos from y... |
China’s Chang’e-5 probe finds on-site evidence of water on the Moon’s surface | Igor Bonifacic | 2,022 | 1 | 11 | China’s lunar lander has found water on the surface of the Moon, marking the first-ever time scientists have found on-site evidence of the substance on Earth’s satellite. In a study published in , Chinese researchers claim the lander detected signs of water molecules or hydroxyl, a close chemical cousin of H2O. Chan... |
DoorDash co-founder and CEO joins Meta’s board of directors | Aisha Malik | 2,022 | 1 | 11 | DoorDash co-founder and CEO Tony Xu has joined Meta’s board of directors, the Facebook parent company on Tuesday. Xu has served as CEO of DoorDash since 2013 and was appointed the company’s board chair in November 2020. Meta says Xu’s appointment is effective immediately. Xu’s appointment brings the total number of p... |
Twig takes $35M to turn stuff you own into a way to pay | Natasha Lomas | 2,022 | 1 | 11 | , a London-based fintech targeting Gen Z and younger millennial consumers with an e-money account that gives them instant cash-outs on fashion and electronics they want to sell, has closed a $35 million Series A round of funding. The investment is led by U.K.-based fintech specialist, Fasanara Capital, with additional ... |
IBM looks to sustainability with acquisition of emissions data company Envizi | Ron Miller | 2,022 | 1 | 11 | announced this morning that it has acquired Australian startup to add to its package of ESG (environmental, social and governance) offerings to help measure environmental impact up and down the supply chain. The companies did not share the terms of the acquisition, but with Envizi Big Blue gets a platform for measur... |
Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride | Kirsten Korosec | 2,022 | 1 | 11 | Magna has acquired the technology, IP and assets of Optimus Ride, a startup based in Boston that was trying to commercialize electric autonomous shuttles. As part of the deal , Magna has hired more than 120 employees of Optimus Ride. The financial terms of the agreement were not disclosed, Optimus Ride CEO Sean Harrin... |
Second Amazon warehouse union vote planned for next month via mail-in ballot | Brian Heater | 2,022 | 1 | 11 | The National Labor Relations Board today issued an announcement detailing plans for a second vote among Amazon’s Bessemer, Alabama warehouse employees. The planned follow-up would be conducted via USPS mail-in ballots, which will be mailed out February 4 and counted March 28. Late last year, the director of the NLRB’s ... |
Orbit Fab’s on-orbit fuel shuttle will top up Astroscale’s servicing satellites | Darrell Etherington | 2,022 | 1 | 11 | In a new partnership that should break new ground for sustainable orbital operations, “gas stations in space” startup Orbit Fab has teamed with Astroscale to provide on-orbit refueling services to the latter company’s LEXI (life extension in-orbit) geostationary servicing spacecraft. Both Astroscale and Orbit Fab’s cor... |
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