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Indian electronics and lifestyle startup Boat files for an IPO
Manish Singh
2,022
1
26
Imagine Marketing, the holding company of electronics and lifestyle brand Boat, one of the rare hardware startups from India, has filed for an IPO of up to $266 million. In its DRHP filing with local regulator on Thursday, Warburg Pincus-backed Boat said it plans to issue fresh shares worth about $120 million and offer...
Carbon updates its workhorse 3D printer line with shiny new M3 and M3 Max models
Haje Jan Kamps
2,022
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3D printing stalwart today lifted the veil on its next-generation 3D printing workhorses, the Carbon M3 and M3 Max. Aimed at high-end prototyping and manufacturing processes, the printers are available on subscription-based packages, and offer a raft of upgrades and improvements over the previous-generation printers....
New EIP fund to invest in tech that banishes emissions and gives the planet a bit of a breather
Haje Jan Kamps
2,022
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With the catchy moniker Deep Decarbonization Frontier Fund, has captured $200 million of commitments for its $350 million fund, doubling down on its commitments to transition the world toward a sustainable future. The fund targets early-stage technologies that accelerate the transition to net-zero greenhouse gas emis...
Will your nose know lamb? Black Sheep Foods is betting it will
Christine Hall
2,022
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, a food tech company making plant-based heritage breed meats and wild game, took in $5.25 million in seed funding as it continues developing its patent-pending flavor compounds. Sunny Kumar, co-founder, told TechCrunch that where some plant-based meats fall short is relying on the taste to be generated by the mouth. R...
Tesla closes 2021 on a high note by besting expectations in Q4
Alex Wilhelm
2,022
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U.S. electric vehicle company Tesla its fourth-quarter and calendar-year 2021 results this afternoon. In the final three months of 2021, Tesla generated $17.72 billion in revenue, $16.0 billion of which came from its vehicle business. From that total, Tesla’s Q4 saw net income of $2.32 billion and earnings per share ...
Instagram rolls out a new profile banner to display users’ upcoming live streams
Aisha Malik
2,022
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Instagram is introducing a new profile banner that will display a user’s upcoming livestreams, the company on Wednesday. Instagram head Adam Mosseri detailed the new feature in a video published to his   and noted that users can now display a badge on their profile to let others know that they have a livestream com...
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Mike Butcher
2,022
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Spotify removes Neil Young’s music after falling out over Joe Rogan
Taylor Hatmaker
2,022
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Musician Neil Young is following through on his threat to pull his extensive and well-loved sonic catalogue from Spotify. Young , accusing Spotify of propagating Covid-19 misinformation through Rogan’s hit show, which Spotify bought exclusive rights to in a deal reportedly . Spotify confirmed Young’s actions in a sta...
Unpacking the UBS-Wealthfront deal
Alex Wilhelm
2,022
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earlier today that it will purchase venture-backed robo-advisor Wealthfront in an all-cash transaction worth $1.4 billion. Wealthfront, which raised just north of $200 million while private, , is one of a few wealth management services that grew on the back of offering automatic investing tools to consumers. Better...
Identity verification provider Veriff raises $100M Series C co-led by Tiger Global and Alkeon
Mike Butcher
2,022
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Identity verification (IDV) provider , has raised a $100 million Series C round co-led by Tiger Global and Alkeon. They were joined by existing investors IVP and Accel, bringing Veriff’s total funding to date to $200 million. The new funding means the company is now valued at $1.5 billion. The new financing will be us...
Discord is down, it’s not just you
Amanda Silberling
2,022
1
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The group chat platform Discord suffered a widespread API issue today, beginning just before noon PT. That means that if you’re a gamer/crypto bro/someone else who just likes Discord, you won’t be able to upload that picture of your dog in the #pets channel of your podcast’s sever (or upload and view anything, for that...
Blizzard is working on a brand new survival game that could define its next era
Taylor Hatmaker
2,022
1
26
It might still be in the headlines every day for organizational chaos, union busting and being part of the biggest gaming acquisition ever, but Blizzard is apparently hard at work on its next original gaming world. Though it offered few specifics, the company teased a “survival game in an all-new universe” this week, k...
Boom will build a supersonic jet factory in North Carolina
Igor Bonifacic
2,022
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Transporation startup Boom is one step closer to bringing back supersonic passenger flight. On Wednesday, the company plans to build a manufacturing facility at Piedmont Triad International Airport in North Carolina. Once complete, “The Overture Superfactory” will employ approximately 1,750 workers by 2030 and produc...
Reddit tests allowing users to set any NFT as their profile picture, similar to Twitter
Sarah Perez
2,022
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Reddit is testing a feature that would allow its users to set any NFT they own as their profile picture — not only its own Ethereum-based NFTs, called “ ,” in limited quantities last year. A similar feature allowing users to set their NFTs as profile pictures where the photos themselves provide information about th...
Apple releases iOS 15.3 with fix for ‘actively exploited’ iPhone flaw
Carly Page
2,022
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Apple on Wednesday patched dozens of security issues with the release of iOS 15.3 of macOS Monterey 12.2. IOS 15.3 fixes a total of 10 bugs, including a flaw that the company says may have been actively exploited. The vulnerability, tracked as CVE-2022-22587, is a memory corruption bug in IOMobileFrameBuffer — a kern...
Dear Sophie: 3 questions about immigration and naturalization
Sophie Alcorn
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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 attorney. “Whether you’re...
FarmRaise aims to become a financial services giant, starting with farm grants
Connie Loizos
2,022
1
21
You have to begin somewhere. When Jayce Hafner and Sami Tellatin bonded as Stanford MBA classmates over their shared belief that helping U.S. farms run more efficiently would be good for the country and a great business, they decided to start with grants. For her part, Hafner grew up on a cattle ranch in Virginia and k...
Google asks a judge to dismiss Texas antitrust lawsuit about its ad business
Taylor Hatmaker
2,022
1
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Google filed a motion Friday asking a federal court to dismiss most of the counts in an antitrust lawsuit led by the state of Texas. In the filing, the company argued that the Texas lawsuit isn’t “credible” and that the state failed to establish that the company’s ad business has run afoul of antitrust laws. “AG Paxton...
Daily Crunch: IBM sells off Watson Health unit to private equity firm Francisco Partners
Alex Wilhelm
2,022
1
21
Hello and welcome to Daily Crunch for January 21, 2022! I normally try to bring some pep to my little intros in this missive. But today I am going to avoid astroturfing my own mood to simply say, hey, what’s up with the stock market? After a period of time when things only went up, have we flipped the coin? I am not go...
Experts Roundup: lead magnets, e-commerce trends, software developer Q&A
Miranda Halpern
2,022
1
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Let’s get into it! Miranda Halpern continues the TechCrunch Experts project by interviewing CEO of Wolfpack Digital, Georgina ‘Gina’ Lupu Florian. I would say probably around 50% of our clients are in this situation, either as founders of a startup, or as representatives of companies (product owners in scale-ups, or p...
2022 crypto predictions from Prime Trust CFO Rodrigo Vicuna
Rodrigo Vicuna
2,022
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had a breakout year in 2021. Just look at the numbers: 80 million unique crypto wallets; Bitcoin and Ether grew 60% and 407%, respectively; El Salvador adopted bitcoin as official currency; the NFT market generated $2.5 billion in trades. Even Burger King announced a whopper when they got in on the NFT action. Impress...
FCC proposal would curb ISP lock-ins at apartment complexes
Devin Coldewey
2,022
1
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Most anyone who’s moved to a new apartment has had the same experience: Whatever broadband provider everyone else in the building has, you have. This kind of lock-in could become less common if is adopted, preventing revenue-sharing between providers and building owners and opening the door to competitors. It’s large...
3 factors to consider when adding remote visual assistance software to your tech stack
Gary York
2,022
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responsible for examining and implementing technologies that are proven, cost-effective and easy to use while also offering long-term solutions that reimagine workflows, speed up processes and increase productivity. Prior to the pandemic, executives predicted that increasing the use of advanced technologies in their o...
TechCrunch+ roundup: 2022 VC predictions, how to hook an angel, product advisory councils
Walter Thompson
2,022
1
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I’ve worked at early-stage startups where we relied on our best guesses to shape product pipelines and develop marketing strategies. I have also held jobs at companies where we engaged directly with current and past customers to ask them what they wanted. You can probably guess which approach generated more favorable o...
How should non technical founders collaborate with software developers?
Miranda Halpern
2,022
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in many forms, but if you cannot write your own code, finding a developer who meets your needs can be a stressful process that involves much trial and error. To narrow down good consultancies, we polled experts across the world about the best software development consultants through our program. One of the most-reco...
VCs approached Facebook to fund a spinout of Workplace valued at over $1B, but Facebook declined
Ingrid Lunden
2,022
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— the app as a version of Facebook for employees to communicate with each other — now has more than 7 million users, carving out a place for itself as an app to help companies communicate internally using essentially the same tools that have proven sticky in their lives with friends and family. That traction, it tur...
How our SaaS startup broke into the Japanese market without a physical presence
Barnabas Birmacher
2,022
1
21
is often one of the biggest challenges a growing tech company will encounter. The country is home to some of the world’s most advanced software and hardware leaders. For the startups that cater to these companies, “cracking Japan” is inevitably part of their growth and expansion roadmaps. But the barriers to entry are...
European spend management platform Moss raises $86 million
Romain Dillet
2,022
1
21
Berlin-based startup announced earlier this week that it has closed a new $86 million Series B funding round (€75 million). The company offers corporate credit cards for small and medium companies so that they can more easily spend and track their spending. Following today’s funding round, Moss has reached a valuatio...
Calii bags $22.5M to build Latin America’s grocery shopping future
Christine Hall
2,022
1
21
Grocery delivery startup is carving out a piece of Latin America’s with its approach to cut inefficiencies in the food supply chain so it can bring produce and thousands of other grocery items to customers’ doorsteps in less than two hours. Calii app To continue on that mission, the company announced Friday $22.5 m...
Cana Technology raises glass to new capital as it readies beverage printer for market
Christine Hall
2,022
1
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Following nearly four years in the prototype phase, is unveiling what it calls the “world’s first molecular beverage printer” after securing $30 million in funding from venture foundry The Production Board. If you’re wondering exactly what this might be, it’s basically a SodaStream meets a computer printer. The smart...
Raven Software testers at Activision Blizzard form the first union at a major US gaming company
Amanda Silberling
2,022
1
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Today, Raven Software’s quality assurance (QA) department — which mostly works on “Call of Duty” as part of Activision Blizzard — became the first union to form at a major U.S. gaming company. With help from the Communications Workers of America (CWA), Raven Software testers launched the , which plans to focus on “imp...
Netflix’s dismal results are more evidence that the pandemic trade is over
Alex Wilhelm
2,022
1
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teeth into the pandemic trade and its possible conclusion yesterday. As a refresher: After the initial onset of COVID-19 and the ensuing lockdowns, changes to work environments and restriction of travel, some companies saw their values quickly appreciate as they found investor favor. The reasons for some sectors gaini...
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Anita Ramaswamy
2,022
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Intel eyes Ohio for a pair of chip factories amid global shortage
Brian Heater
2,022
1
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Intel this week to build two chip manufacturing facilities outside of Columbus, Ohio. The announcement is still early stages, involving the eventual allotment of $20 billion to construct the factories designed to tackle the ongoing global chip shortage — or at least address potential future issues. The company sketch...
Francisco Partners scoops up bulk of IBM’s Watson Health unit
Ron Miller
2,022
1
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In what has to be considered an anticlimactic ending, IBM sold off the data assets of its Watson Health unit to private equity firm Francisco Partners today. The two firms did not share the purchase price, but pegged the value at around $1 billion. Under the terms of the deal Francisco is grabbing various pieces of t...
Nourish + Bloom Market, first Black-owned, autonomous grocery, opens in Atlanta
Christine Hall
2,022
1
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Contactless grocery store opened to the public Friday in Trilith’s Town Centre retail district in Atlanta. Husband-and-wife entrepreneurs Jamie and Jilea Hemmings started the grocery store and bistro to offer over 1,000 locally sourced, healthy food products, including produce, meats, baked goods, dairy and prepared ...
Wordle’s Blizzard of transparency
Alex Wilhelm
2,022
1
21
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 Friday episode, a run-down of key news headlines, startup funding rounds and whatever else is popping in the worlds of startups and tech. The whole gang was in the huddle this ...
This week in TechCrunch Experts: E-commerce trends, growth marketing predictions
Miranda Halpern
2,022
1
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TechCrunch Experts is off to a great start in 2022! Rebecca Lynn, co-founder and general partner of Canvas Ventures, wrote about the latest challenges facing growth marketing teams and shared some of the the advice she’s given and received from CEOs and marketing leads. Her post includes commentary from Lauren Weinber...
Daily Crunch: Avataar raises $45M Series B to improve 3D e-commerce product visualizations
Alex Wilhelm
2,022
1
7
Hello and welcome to Daily Crunch for January 7, 2021! It’s Friday and the snow is falling like the dickens in my neck of the woods. But it was no snow day in the tech world. Not at . In fact, one venture firm raised 10 figures of capital today. Can you guess who? Before we jump in, today’s TechCrunch staff highlight ...
Let’s talk CES gadgets
Brian Heater
2,022
1
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the days when CES actually stood for “Consumer Electronics Show” — the CTA has seen to that in its various small print. I recommend you check out our recent story for a look back on the days when things like smartphones took center stage at the event. Mobile World Congress has taken some of the wind out of CES’s sai...
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Annie Njanja
2,022
1
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VR and AR continue to simmer at CES 2022
Greg Kumparak
2,022
1
7
It has somehow, inexplicably, impossibly been almost 10 years since the original Oculus Rift hit Kickstarter. A decade of development later, VR headsets have gotten better and better — but it’s safe to say, at this point, that VR’s adoption will be … gradual. If we’re all destined to end up with headsets (be they VR, A...
IBM reportedly shopping Watson Health just as healthcare gets hot
Ron Miller
2,022
1
7
IBM could be looking to sell the Watson Health division for a mere $1 billion, according to . The question is why is IBM running away from the healthcare vertical just as it seems to be heating up, and for such a low price? Just last month, to buy digital health records company Cerner. Last spring, to buy Nuance, ...
With more data available than ever, are companies making smarter decisions?
Ron Miller
2,022
1
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I wrote a post titled . We have made big advances since then in storing, processing and generally handling large volumes of data in a digital context, but humans still have trouble when it comes to reliably finding relevant nuggets that can improve business outcomes. I’m revisiting the idea to see how far we’ve come ...
The best (and weirdest) future car tech at CES 2022
Rebecca Bellan
2,022
1
7
at is in the bag for TechCrunch, and even though we attended the event remotely, one thing in the vehicle space was made abundantly clear: Your car is about so much more than mobility. In fact, if you think a vehicle is about getting you from point A to point B, think again, peasant! Your car — at least in the eyes ...
Use alternative financing to fuel VC-level growth without diluting ownership
Miguel Fernandez
2,022
1
7
is hard enough, but scaling it to a successful and lucrative exit is even more difficult. Securing early-stage venture financing is usually the best way to accelerate and sustain growth, but with various funding options available, how do you figure out the best course of action? What is the best alternative to VC, and...
Meta is testing a new meta privacy control center across apps
Taylor Hatmaker
2,022
1
7
Meta, , is tinkering around with how it tells users about their privacy options. The company has switched up where this information lives and how it’s explained a number of times over the years and now appears to be centralizing some privacy FAQs and controls in one place across its family of apps. The new privacy cen...
TechCrunch+ roundup: VC advice for CEOs, 2022 e-commerce trends, OpenSea’s valuation
Walter Thompson
2,022
1
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Data privacy is top of mind for online sellers, and for good reason: Regulators in China, Europe and North America are taking an interest, and iOS 14.5 allowed many consumers to disable data tracking, with negative consequences for companies that relied on Facebook’s granular ad targeting. Bearing those factors and oth...
US regulator rules that Google infringed on Sonos speaker patents
Mariella Moon
2,022
1
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The US International Trade Commission has with Sonos’ that Google had infringed on its speaker and cast patents. It issued its initial decision back in August, and this finalizes its ruling, which prohibits Google from importing products found to have violated Sonos’ intellectual properties. Since Google manufactur...
Right-wing social app Parler raises $20M in funding
Amanda Silberling
2,022
1
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The conservative social media platform Parler has raised $20 million in funding, according to an that was signed and submitted on January 6, the anniversary of last year’s domestic attack on the Capitol. The app, which  16 million-plus registered users, its mission as one focusing on protecting “against the author...
Regulating crypto could create American super apps
David Donovan
2,022
1
7
Much of Chinese society has come to depend on so-called super apps like WeChat to do multiple tasks, from making a medical appointment to hailing a taxi to getting a loan, all on one platform. But such one-stop shops have not taken off in the United States. Now, the time may finally be ripe — and the best contenders fo...
Here’s how startups can prevent tech debt from piling up
Sowmyanarayan Raghunathan
2,022
1
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In 1992, Ward Cunningham coined the metaphor “technical debt” to highlight how businesses weigh their short-term gains against the long-term viability of a software product. Business dynamics have evolved a lot since then, but the metaphor still works. Favoring a short-term plan to get a faster go-to-market option is n...
How to upgrade your DEI metrics to influence change
Arthur Woods
2,022
1
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We find ourselves amid the largest talent shortage in history after a year in which countless organizations voiced their commitments to diversity. Yet few have made much progress — and 76% of have still not set diversity goals for 2022. Over the last few years, we’ve been of hundreds of employers and written about ...
India hits Google with antitrust investigation over alleged abuse in news aggregation
Manish Singh
2,022
1
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India’s antitrust watchdog has ordered an investigation into Google following complaints from news publishers who allege that the search giant is “abusing” its dominance in news aggregation to impose unfair conditions on the outlets. The Competition Commission of India said Friday that Google dominates certain online s...
Smarter, more powerful e-bikes and scooters take charge at CES 2022
Rebecca Bellan
2,022
1
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Here’s a roundup of new bikes, scooters and some connected tech that came to . Segway-Ninebot Cake The Swedish maker of lightweight electric motorbikes brought its “CAKE :work series” to the U.S. for the first time. This series of professional motorbikes have been shown before, just not in the states. The bigger n...
Apple Fitness+ introduces new ‘Collections’ feature and ‘Time to Run’ series
Aisha Malik
2,022
1
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Apple Fitness+ is a new “Collections” feature along with a new “Time to Run” series starting on January 10th. Collections are a curated series of workouts and meditations from the Fitness+ library organized to help users reach a goal. The feature draws on nearly 2,000 workouts to give users a new way to get motivated...
Andreessen Horowitz raises $9B in new capital for venture, growth, bio funds
Alex Wilhelm
2,022
1
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This morning private-market powerhouse Andreessen Horowitz that it has closed $9 billion in new capital for its venture capital, growth-stage and biotech-focused vehicles. The firm, better known by the moniker a16z, also . These fundraises by the firm highlight the rising size of private-market investing vehicles th...
How today’s startup market isn’t like 1999, and what you need to raise a hot Series A
Alex Wilhelm
2,022
1
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down, The Exchange wanted to dig into what might happen if the startup music stopped playing. So we got veteran venture capitalist on the phone to talk it over. Murphy at Sun Microsystems back in the mid-90s, joining venture shop in 1999, where he stayed until 2015. From there, the investor changed teams , wher...
Ankorstore reaches $2 billion valuation two years after launching its wholesale marketplace
Romain Dillet
2,022
1
9
French startup has raised a $283 million Series C funding round (€250 million). Founded in November 2019, it took Ankorstore around two years to reach a post-money valuation of $2 billion (€1.75 billion). The company operates a wholesale marketplace for independent retailers across Europe. Ankorstore lets independent...
The rich get richer: Rethinking Bitcoin’s power as an inflation hedge
Kay Khemani
2,022
1
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From turkeys to gasoline, clothes to dollar stores, nearly every avenue of human activity has been hit by the specter of inflation. Across the globe, rising inflation rates are disrupting purchasing plans and spending. In the face of this inflationary inferno, consumers and institutions holding devaluing fiat currency ...
Gillmor Gang: State Your Name
Steve Gillmor
2,022
1
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Here we go with the last show of 2021, recorded in mid-December. It was Frank Radice’s last show from New York before he returned to London. It was nice to bid the year goodbye, but we were careful not to say good riddance like we did in 2020. It was nice to feel good about the Zoom-connected friendships we nurtured, a...
How ‘feature bloat’ is driving the chip shortage
Jim Motavalli
2,022
1
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auto industry’s best solution to the chip shortage was not simply making more chips? Suppose we instead got a handle on what might be called “feature bloat” — the tendency, fueled by sales competition, to slather new cars with as much technology as possible? Surveys show that consumers want — and expect — that their n...
AirTree launches three new funds totaling $700M AUD
Catherine Shu
2,022
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AirTree partners (from l to r): James Cameron, John Henderson, Elicia McDonald, Jackie Vullinghs, Craig Blair and Helen Norton. AirTree Ventures More money is flowing into Australia and New Zealand’s startup ecosystems. Sydney-based , one of the region’s most prolific VC firms, announced it has raised $700 million A...
India proposes 30% tax on crypto and NFTs income
Manish Singh
2,022
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India on Tuesday announced plans to launch a digital currency by next year and tax cryptocurrencies and NFTs as the country moves closer to recognizing cryptocurrencies as legal tender in the world’s second largest internet market. Income from the transfer of any virtual assets will be taxed at 30%, the nation’s financ...
European micromobility startup Dott grabs $70 million
Romain Dillet
2,022
1
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Urban mobility startup has raised an extension to its Series B round. Originally announced in the spring of 2021, the company an $85 million Series B round — it was a mix of equity and asset-backed debt financing. And today, the company is adding another $70 million to this round —once again, it’s a mix of equity a...
Waymo can keep some driverless data secret for another 22 days
Rebecca Bellan
2,022
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Waymo had a small win Monday in its fight to keep certain details about its autonomous vehicle operations from public view. The Alphabet-owned company filed a lawsuit last week against the California Department of Motor Vehicles to keep some information from its , as well as emails between the company and the DMV, reda...
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Anita Ramaswamy
2,022
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Popular puzzle game Wordle is being purchased by The New York Times
Aisha Malik
2,022
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, the popular puzzle game that has captivated users around the world, has been by The New York Times Company. The game has been acquired for an undisclosed price in the “low-seven figures.” The New York Times Company says Wordle will be free to play for new and existing players for the time being. The company also sa...
Daily Crunch: Citrix to be acquired by Vista and Evergreen/Elliott in $16.5B all-cash deal
Alex Wilhelm
2,022
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Hello and welcome to Daily Crunch for Monday, January 31! We’re putting a bow on the first month of the year today, but that doesn’t mean we’re looking back. Not at all. First, news is popping off like firecrackers. And, we’re looking ahead because . See you there! – Let’s start today in France. The French startup sc...
Max Q: NFTs… but for space stuff
Darrell Etherington
2,022
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Welcome back to Max Q, our weekly newsletter about space and the business thereof. NFTs were bound to intersect with space in a number of ways, and the way they do in this week’s newsletter is very likely not the first such intersection, but it is the first one I’ve noticed. Also, some hiccups for major M&A in the sect...
Upskilling platform Scaler tops $700 million valuation in new funding
Manish Singh
2,022
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Scaler, an edtech startup that offers upskilling courses to working professionals in India, has raised $55 million in a new financing round as it looks to expand to international markets including the U.S., the Bengaluru-headquartered firm said Tuesday. The Series B funding — led by Lightrock India — values the startup...
Meta brings 3D avatars to Instagram, rolls out new options for Facebook and Messenger
Aisha Malik
2,022
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Meta is bringing its 3D avatars to Instagram and is also rolling out updated avatars to Facebook and Messenger, the company on Monday. Users in the United States, Canada and Mexico can now show up as their virtual selves in stickers, feed posts, Facebook profile pictures and more. Today’s update adds Cochlear implant...
How to build and maintain momentum in your fundraising process
Nathan Beckord
2,022
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single most important factor that helps startup founders raise capital. In 20+ years of working to connect founders with potential investors, I’ve learned that there’s a direct correlation between the speed of your fundraising process and the probability of actually getting funded. Startup investors are incredibly sma...
Paradigm invests in Solana wallet app Phantom at $1.2 billion valuation
Lucas Matney
2,022
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In the crypto ecosystem, wallets are perhaps the most critical user touchpoint serving as a gateway to exchanges and smart contracts. This positions the startups building popular wallet apps closest to the firehose of consumer crypto opportunities, while also leaving them to take charge in tackling many of web3’s unsol...
Will the Citrix-Tibco merger create enterprise magic? Vista clearly thinks so
Ron Miller
2,022
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Vista Equity Partners has finally found a suitable match for Tibco: it has teamed up with Evergreen Coast Capital (a unit of Elliot Management) to buy Citrix Systems for $16.5 billion. The deal, which represents a roughly 30% premium on Citrix’s value, aims to combine the two companies to create a legacy enterprise te...
Success of web3 hinges on remedying its security challenges
Wei Lien Dang
2,022
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In both Web 1.0 and Web 2.0, security models changed in tandem with application architectures to help unlock entirely new economies. In Web 1.0, Secure Sockets Layer (SSL) was pioneered by Netscape to provide secure communication between user browsers and those servers. Trusted Web 2.0 intermediaries such as Google, Mi...
An app developer’s lawsuit over rejections and scammers is allowed to proceed, judge rules
Sarah Perez
2,022
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A lawsuit over App Store abuses has been given the green light to proceed, at least on some fronts. The case, filed in California’s Superior Court in Santa Clara County , hails from app developer and former Pinterest engineer Kosta Eleftheriou, who claims his keyboard app FlickType was initially unfairly rejected from...
Sony snaps up ‘Halo’ and ‘Destiny’ creator Bungie for $3.6B
Devin Coldewey
2,022
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Bungie, the studio responsible for the creation of Halo and Destiny, two of the gaming world’s biggest franchises, has been acquired by Sony. It’s part of a consolidation and turf war being waged as the next generation of gaming (and the metaverse, whatever that is) builds up steam. The news was announced by both compa...
How one founder aims to both improve women’s health right now, and the gender gap in research
Darrell Etherington
2,022
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We’re in the business of talking to very impressive people who are working to solve incredibly tough problems— but Elizabeth Ruzzo, founder and CEO of adyn, may be one of the most impressive yet. Not only did she develop the only test for women to ensure they are prescribed the birth control that will be the least like...
Ember expands into cold chain medical shipping with new device, Cardinal Health partnership
Brian Heater
2,022
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Last year, one of the more fascinating expansions of recent vintage we’ve seen in the hardware space. Primarily known for its smart mugs designed to keep their contents hot, the firm took a long, hard look at the cold chain — specifically, the transport of medicine across distances. What began as a conversation was b...
Following his fiery Twitter tirades, Bolt founder Ryan Breslow is no longer CEO — and he says it’s his choice
Connie Loizos
2,022
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Ryan Breslow, who founded the “one-click” checkout tech company Bolt as a Stanford student and dropped out of college to build it, is stepping away as the company’s CEO seven years into his reign. Breslow, who says the decision is his own, is being replaced as CEO by Maju Kuruvilla, who joined the company as its chief ...
Pinterest’s AR shopping feature expands to include furniture and home décor
Sarah Perez
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A new Pinterest feature will allow consumers to see what furniture or other home décor items will look like in their own home, using augmented reality (AR). Similar technology has already been put into place by major retailers, like , and , as well as others in the home design space, . In Pinterest’s case, it’s wo...
Deepnote raises $20M for its collaborative data science notebooks
Frederic Lardinois
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, a startup that is building a data science platform on top of Jupyter-compatible notebooks, today announced that it has raised a $20 million Series A round co-led by Index Ventures and Accel, both of which participated in its . Existing investors Y Combinator and Credo Ventures also participated in this round. As Dee...
Egyptian social commerce startup Brimore raises $25M led by IFC and Endure Capital
Tage Kene-Okafor
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Brimore Ahmed Sheikha, the company’s chief business and investment officer.
Pennylane wants to overhaul the accounting tech stack in France
Romain Dillet
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French startup has raised a $57 million Series B round (€50 million) from existing investors, such as Sequoia Capital (leading the round), Global Founders Capital and Partech. The startup wants to replace legacy accounting solutions in France — and in Europe. If you’re an accountant, you might be familiar with tools ...
Norrsken, VCs and 30 unicorn founders set up $200M fund to back growth-stage startups in Africa
Tage Kene-Okafor
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This Week in Apps: Instagram brings back the chronological feed, South Korea bans P2E games, Google looks for ecosystem integrations
Sarah Perez
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Welcome back to This Week in Apps, that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the year-end out this week. A...
Apple’s biggest scandal of 2022 is already happening
Lucas Matney
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Hello friends, and welcome back to ! I’ve taken the last few weeks to unwind and ensure that my 2022 hot takes are as scorching as possible, or at least as prescient as possible. This week, we’re talking about what I’m sure could be one of Apple’s biggest scandals of the decade thus far: the itty bitty AirTag. You can...
Fintech Roundup: Better.com workers leaving in ‘droves’ in wake of CEO Vishal Garg’s return
Mary Ann Azevedo
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Better.com CEO Vishal Garg / LinkedIn MagicCube Esusu Creditas Founder Nik Milanovic / The Fintech Fund
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Alex Wilhelm
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Venture water, biotech investing and 2021’s carnage
Alex Wilhelm
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Welcome back to the working world, friends, I hope that you survived the return to the desk in good stead and are both warm and healthy. The current boom in COVID cases is a huge bummer, but perhaps this is the last year we’ll have to drag ourselves back to productivity under the specter of lockdowns, mass death and a ...
What’s left to learn from Theranos? Have friends.
Amanda Silberling
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Elizabeth Holmes’ has been the talk of the town (both in Silicon Valley and, you know, on Twitter). The four-month trial was so popular that the journalists who covered it had to to make sure they could get a seat in the courtroom and do their jobs. Too many curious onlookers and fans of John Carreyrou’s tell-all “...
4 ways to navigate a post-acquisition partnership
Todd McKinnon
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Mergers and acquisitions are notoriously tricky to navigate from a leadership and culture perspective. They require a thoughtful approach to working with a new CEO and joining teams as one workforce — a journey familiar to us and recently acquired Auth0. Okta and Auth0 have their share of differences — we’re enterprise...
Startups at CES showed that elder tech can help everyone
Catherine Shu
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Elder tech startups at this year’s CES demonstrated the potential breadth of the sector. If tech can help an older person live more comfortably, it can also help a lot of other people. After all, the usefulness of things like mobility aids, health monitoring platforms and long-term financial planning aren’t limited to ...
Roblox pauses service in China as it takes ‘important transitory actions’
Rita Liao
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On December 8, Roblox’s Chinese version LuoBuLeSi, published and operated by Tencent, abruptly closed down its server after it launched on iOS and Android. Many users, taken by surprise, took to Chinese social media to complain about the short notice. What users had been playing was in fact an “archive-deleting test ...
Nigerian ethical credit-recovery fintech Bfree secures $1.7M, expands to Asia, Europe, South America and across Africa
Annie Njanja
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, a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves. Funds that participated in the latest round included 4Di Capital, Octerra Capital, Vest...
Daily Crunch: France’s data watchdog bites Google and Facebook over cookie consent violations
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Hello and welcome to Daily Crunch for January 6, 2021! Today we have not only killer notes on this year’s strange CES confab, but breaking media news and even an editorial from United States Secretary of Transportation Pete Buttigieg. And, of course, a host of updates from startup land. Let’s have some fun! — Rounding ...
At CES 2022, metaverses metaversed the metaverse
Brian Heater
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In the lead up to CES, I wrote a piece reflecting on top tech of . It was an interesting exercise for a number of reasons — not the least of which was recalling the buzzwords from 10 years ago. That year, LTE and ultrabooks topped the list. One had a great run. The other one, not so much. That is to say that the stren...
How sweet is your blood? Scanbo gives an answer without poking holes in you
Haje Jan Kamps
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If you have diabetes, or ever suspected that you might, you will have done the poke-your-finger-and-drop-blood-on-a-stick thing until your finger goes numb. Finger-prick blood glucose monitoring is the de facto standard, but AI company wants to put an end to all that, replacing the droplet with some off-the-shelf dia...
The end of the demo day, dilution and other startup accelerator resolutions
Natasha Mascarenhas
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In April 2020, in the thick of the pandemic, while historical incubators like Y Combinator and 500 Startups were similarly rethinking their independent strategies. Key tweaks like making batches fully remote and scrapping the cohort model gave us a peek at how some of the most active pre-seed and seed investors were ...