Sunday, April 30, 2023

Meet Visa, Mayfield, DuploCloud and more at Disrupt

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TechCrunch Disrupt 2023 takes place on September 19–21 in San Francisco and — if you don’t already know — it’s the startup world’s big tent. It draws founders, investors, CEOs, tech professionals, scientists, policy makers, researchers and entrepreneurs. It’s where you’ll find inspiration, gain knowledge, forge new relationships and discover tools to help you build […]

Meet Visa, Mayfield, DuploCloud and more at Disrupt by Lauren Simonds originally published on TechCrunch

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The cultivated meat industry’s known struggles will take time to sort out, and maybe that’s OK

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“Is cell-culture meat ready for prime time?” wasn’t just a clever TechCrunch+ headline, but a legitimate question posed in early 2022 that still really hasn’t been answered.

The cultivated meat industry’s known struggles will take time to sort out, and maybe that’s OK by Christine Hall originally published on TechCrunch

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Warm intros are awful for diversity, so why do investors keep insisting on them?

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There are oodles of advantages to having a diverse workforce, but you can't simply take your homogenous workforce, add diversity, stir and hope for the best.

Warm intros are awful for diversity, so why do investors keep insisting on them? by Haje Jan Kamps originally published on TechCrunch

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As the US cracks down on crypto, Hong Kong extends a warm welcome

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On a balmy day in mid-April, thousands of people queued in line to enter the Hong Kong Convention Center where the city’s inaugural web3 festival was underway. Most had flown in from mainland China, but many others had trekked from Singapore, Japan, Indonesia, Thailand and even the U.S. to see what the city had to […] As the US cracks down on crypto, Hong Kong extends a warm welcome by Rita Liao originally published on TechCrunch
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Saturday, April 29, 2023

Pitch for the check you want 

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Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Tech’s guiding principles these days aren’t too difficult to find: discipline, focus and cash conservation. But I’ve always found those same focuses to be especially in conflict with […]

Pitch for the check you want  by Natasha Mascarenhas originally published on TechCrunch

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This Week in Apps: Users pan Snapchat’s AI, Bluesky has a moment, Apple wins antitrust appeal

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Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app economy in 2023 hit a few snags, as consumer spending last year dropped for the first time by 2% to $167 billion, according to data.ai’s “State of […]

This Week in Apps: Users pan Snapchat’s AI, Bluesky has a moment, Apple wins antitrust appeal by Sarah Perez originally published on TechCrunch

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Persona and Index Ventures talk identity, and identifying a good deal

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Identity management used to mean making sure you had your driver’s license when you left the house, but these days it’s not so easy: Identity fundamentally underpins how we engage with the digital world, and identity services can take on many forms (and, unfortunately, abuses). I’m excited to host a TechCrunch Live event with Persona […]

Persona and Index Ventures talk identity, and identifying a good deal by Matt Burns originally published on TechCrunch

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Jack Dorsey thinks Elon Musk isn’t doing right by Twitter

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Jack Dorsey has been using Bluesky, the app he partially funded that’s built upon a federated and open social networking protocol he advocates, to do some truth-telling about Twitter, Elon Musk and the decision to take the company private under the stewardship of the Tesla CEO. Dorsey admits that Twitter is faring poorly under Musk […]

Jack Dorsey thinks Elon Musk isn’t doing right by Twitter by Darrell Etherington originally published on TechCrunch

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In spite of recent a downward trend, the future remains bright for cloud

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It would be easy to think the best days of the public cloud are over, but the data suggests otherwise, and there's lots of room for growth.

In spite of recent a downward trend, the future remains bright for cloud by Ron Miller originally published on TechCrunch

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#NotMyAI and other TC news

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Snapchat Rolled out their generative AI chatbot My AI to their 750 million monthly users, so it feels like the right time to pause and ask whether we’re ready for the real thing — and ready or not, whether anybody wants one. This week on The TechCrunch Podcast, we’re talking to TechCrunch reporter Amanda Silberling […] #NotMyAI and other TC news by Darrell Etherington originally published on TechCrunch
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Friday, April 28, 2023

OpenAI closes its monster $10B funding round at $27B-29B valuation

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OpenAI, the startup behind the widely used conversational AI model ChatGPT, has closed its new funding round of over $10.3 billion, TechCrunch has learned. VC firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global are in the round, according to documents seen by TechCrunch. A source tells us Founders Fund is also […]

OpenAI closes its monster $10B funding round at $27B-29B valuation by Jagmeet Singh originally published on TechCrunch

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EV owners in Texas face $200 annual fee

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States have taxed motorists at the pump for more than a century. Yet, as electric cars gain ground, what happens when folks stop refueling altogether? State lawmakers are increasingly imposing annual fees on EV owners, arguing they should pay up because they still rely on public infrastructure to get around. Texas is on track to […]

EV owners in Texas face $200 annual fee by Harri Weber originally published on TechCrunch

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Daily Crunch: First Republic Bank stock reaches record low as feds discuss rescue plan

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: First Republic Bank stock reaches record low as feds discuss rescue plan by Christine Hall originally published on TechCrunch

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TechCrunch+ roundup: Customer personas, content that resonates, efficiency metrics VCs love

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Reducing CAC Payback and following the Rule of 40 is proof that a founding team knows how to move directionally. Investors love that.

TechCrunch+ roundup: Customer personas, content that resonates, efficiency metrics VCs love by Walter Thompson originally published on TechCrunch

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After initially defying the global slowdown, African startups’ first quarter venture results fall

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Let’s talk venture results, unique issues to the African startup scene, and look ahead to see if we can spy any good news on the horizon.

After initially defying the global slowdown, African startups’ first quarter venture results fall by Anna Heim originally published on TechCrunch

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Shares of First Republic are off 40% on reports that the government may step in

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There is no clear indication yet that that is new de facto policy, or that First Republic customers will enjoy similar protections.

Shares of First Republic are off 40% on reports that the government may step in by Alex Wilhelm originally published on TechCrunch

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How Jack Dorsey’s Bitcoin Legal Defense Fund is fighting for the future of open source software

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A crypto wallet theft lawsuit brought about by a man who claims to be Bitcoin creator Satoshi Nakamoto could jeopardise the future of open source software development. That’s according to the Jack Dorsey-backed Bitcoin Legal Defense Fund which is taking on a case to defend 11 Bitcoin developers named in a lawsuit filed by Craig […]

How Jack Dorsey’s Bitcoin Legal Defense Fund is fighting for the future of open source software by Paul Sawers originally published on TechCrunch

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Critical-rated security flaw in Illumina DNA sequencing tech exposes patient data

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The U.S. government has sounded the alarm about a critical software vulnerability found in genomics giant Illumina’s DNA sequencing devices, which hackers can exploit to modify or steal patients’ sensitive medical data. In separate advisories released on Thursday, U.S. cybersecurity agency CISA and the U.S. Food and Drug Administration warned that the security flaw — […]

Critical-rated security flaw in Illumina DNA sequencing tech exposes patient data by Carly Page originally published on TechCrunch

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Thursday, April 27, 2023

Muslims come into the frame in Southeast Asia’s fintech boom

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Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in […]

Muslims come into the frame in Southeast Asia’s fintech boom by Catherine Shu originally published on TechCrunch

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Snap stock down 24% on weak earnings, ad revenue slump

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Snap, the parent company of Snapchat, has seen its stock tumble 20% in after-hours trading after reporting first-quarter earnings Thursday. The company missed Wall Street revenue estimates of $1 billion, closing out the quarter with $989 million. That’s down 7% from the same period last year, and it represents the first time since Snap went […]

Snap stock down 24% on weak earnings, ad revenue slump by Rebecca Bellan originally published on TechCrunch

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Clubhouse needs to fix things, and today it cut more than half of staff

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Clubhouse, a once skyrocketing social audio app built by Paul Davison and Rohan Seth, has laid off more than half of its staff. The startup’s co-founders made the decision in response to customer habits changing in a post-COVID world and remote work complexities, according to a blog post. Those who were impacted will receive severance […]

Clubhouse needs to fix things, and today it cut more than half of staff by Natasha Mascarenhas originally published on TechCrunch

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Daily Crunch: Citing slow growth and desire to be ‘at the forefront of the AI era,’ Dropbox CEO lays off 500

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Citing slow growth and desire to be ‘at the forefront of the AI era,’ Dropbox CEO lays off 500 by Christine Hall originally published on TechCrunch

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Researchers develop tiny hydraulic haptics for touchscreen notifications you can physically feel

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If you find smartphone notifications annoying enough already thanks to their skill at exploiting the full range of distraction options available, whether dropping a banner from above or sprinkling pox-like red balls over your homescreen icons so as to lodge like grit in the eye, you should prepare yourself for even less subtle demands bubbling […]

Researchers develop tiny hydraulic haptics for touchscreen notifications you can physically feel by Natasha Lomas originally published on TechCrunch

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Meta updates its avatars with new body shapes, hair and clothing

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Meta announced today that it’s introducing new body shapes, improved hair and clothing textures to its avatars. The company also announced that more than one billion avatars have been created across its platforms. Starting this month, users will be able to choose from a wider range of body shape options, including two curvier body shapes. […]

Meta updates its avatars with new body shapes, hair and clothing by Aisha Malik originally published on TechCrunch

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Flipping is much easier than walking

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I wrote about half of last week’s Actuator on Wednesday in an empty office at MassRobotics after meeting with an early-stage startup. I’m not ready to tell you about them just yet, but they’re doing interesting work and have one of the wilder founding stories of recent vintage, so stay tuned for that. Also, shoutout […]

Flipping is much easier than walking by Brian Heater originally published on TechCrunch

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Instagram and Facebook will force their checkout experience on Shops soon

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Meta announced today that it will be phasing out onboarding of new Shops without checkout on Facebook and Instagram enabled. Beginning April 24 of next year, Shops without checkout on Facebook and Instagram enabled will no longer be accessible. This means that shops that direct people to an e-commerce site to complete a purchase, rather […]

Instagram and Facebook will force their checkout experience on Shops soon by Aisha Malik originally published on TechCrunch

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YouTube Music contractors win historic union vote

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YouTube Music contractors have officially unionized with the Alphabet Workers Union-CWA after winning a historic vote through the National Labor Relations Board (NLRB). Forty-one workers voted yes out of a total of 49 eligible voters; the remaining eight workers did not vote. This election has meaningful implications for Google beyond YouTube Music. The union earned […] YouTube Music contractors win historic union vote by Amanda Silberling originally published on TechCrunch
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Wednesday, April 26, 2023

Meta says time spent on Instagram grew 24% thanks to TikTok-style AI Reel recommendations

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Meta shared some updated engagement info around its platforms on its Q1 2023 quarterly earnings call on Wednesday, with Meta CFO Susan Li joining CEO and founder Mark Zuckerberg to field questions from analysts about its results. Zuckerberg shared that time spent on Instagram has grown more than 24% since the company launched Reels on […]

Meta says time spent on Instagram grew 24% thanks to TikTok-style AI Reel recommendations by Darrell Etherington originally published on TechCrunch

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Meta beats revenue expectations, remains committed to metaverse

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Things are looking up for Meta. The company beat revenue expectations, reporting an increase in year-over-year revenue for the first time in three quarters. But this ray of light for the company formerly known as Facebook comes amid harsh restructuring, resulting in over ten thousand jobs eliminated this year. Tech moves through buzzwords like clockwork. […]

Meta beats revenue expectations, remains committed to metaverse by Amanda Silberling originally published on TechCrunch

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Daily Crunch: Lookout sells consumer security segment for $223M to become ‘pure-play enterprise company’ 

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Lookout sells consumer security segment for $223M to become ‘pure-play enterprise company’  by Christine Hall originally published on TechCrunch

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Vinfast’s EV ambitions just got a $2.5B boost

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Vietnamese EV automaker Vinfast is getting a $2.5 billion injection of capital as it pursues an ambitious plan to woo U.S. consumers with a slate of electric SUVs and crossovers. Billionaire Pham Nhat Vuong, who founded Vinfast’s parent company Vingroup, committed Wednesday to invest $1 billion of his personal wealth via a grant in the […]

Vinfast’s EV ambitions just got a $2.5B boost by Kirsten Korosec originally published on TechCrunch

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UK’s TympaHealth sounds out $23M to expand its hearing diagnostics startup

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The basic principle of Moore’s law — computing becoming more powerful yet more compact — is playing out in a number of fields, and one of the latest is coming from the world of audiology technology. TympaHealth, a London startup that has developed handheld hardware built around streamlined iPhone and Android devices, and corresponding software, […]

UK’s TympaHealth sounds out $23M to expand its hearing diagnostics startup by Ingrid Lunden originally published on TechCrunch

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EU warns Twitter over disinformation after Musk policy shifts found to boost Kremlin propaganda

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Twitter was only confirmed yesterday as one of 19 major tech platforms subject to centralized oversight by the European Union’s executive starting this fall, when so-called very large online platforms (VLOPs) are expected to be compliant with the Digital Services Act (DSA). But the Commission has not wasted any time warning the Elon Musk-owned social […]

EU warns Twitter over disinformation after Musk policy shifts found to boost Kremlin propaganda by Natasha Lomas originally published on TechCrunch

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Instacart rolls out new ways for users to find deals on its app

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Instacart is introducing a few new ways for users to find deals on its app, the company has announced. The app will now surface a new “You Items on Sale” section on a store’s page that will leverage Instacart’s AI recommendation systems to help users find personalized deals based on their past orders. There’s also […]

Instacart rolls out new ways for users to find deals on its app by Aisha Malik originally published on TechCrunch

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Greycroft closes on over $1 billion across new funds

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Greycroft, the self-styled “seed-to-growth” venture capital firm, today announced the closing of over $1 billion in capital commitments across new funds. The firm’s two flagship vehicles, Greycroft Partners VII and Greycroft Growth IV, closed on more than $980 million, according to co-founder and managing partner Dana Settle — cash that’ll be put toward investing in […]

Greycroft closes on over $1 billion across new funds by Kyle Wiggers originally published on TechCrunch

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Tesla expands non-Tesla Supercharger access to China

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Certain non-Tesla vehicles in China can now charge at selected Superchargers, the company said Tuesday. The expanded access will also be available at certain destination charging points, which are wall connectors available in public locations. To start, 10 Supercharging stations across Beijing and Shanghai, as well as 120 destination charge points in 25 provinces and […] Tesla expands non-Tesla Supercharger access to China by Rebecca Bellan originally published on TechCrunch
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Tuesday, April 25, 2023

Hyundai, GM partner with Korean battery makers to build US plants

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Hyundai Motor Group and General Motors announced separately Tuesday plans to build electric vehicle battery plants in the U.S. in partnership with South Korean battery manufacturing firms. Hyundai will set up a $5 billion battery cell production joint venture in the U.S. with SK On, the company that is also working with Ford to set […]

Hyundai, GM partner with Korean battery makers to build US plants by Rebecca Bellan originally published on TechCrunch

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Colorado’s new right-to-repair law ensures tractor and wheelchair owners get the parts they need

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Colorado’s governor signed a refreshingly straightforward “right-to-repair” bill into law this afternoon, requiring companies to provide resources like parts, firmware and manuals for devices that they previously kept secret and proprietary even if an owner wanted to do the repairs themselves. Colorado’s “Consumer Repair Bill of Rights Act” is one of many such bills that […]

Colorado’s new right-to-repair law ensures tractor and wheelchair owners get the parts they need by Devin Coldewey originally published on TechCrunch

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Hear how Cambrian BioPharma is reinventing drug (and drug company) development

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I’m thrilled to announce this TechCrunch Live event. The startup Cambrian BioPharma is developing a life-changing technology while pioneering a radical approach to a pharmaceutical company. Don’t miss this TechCrunch Live taking place on May 3 at 12 p.m. PDT. Register here. It’s free to watch and participate. Cambrian BioPharma bills itself as a new […]

Hear how Cambrian BioPharma is reinventing drug (and drug company) development by Matt Burns originally published on TechCrunch

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AI startup Runway launches app to bring users video-to-video generative AI

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Runway, an AI startup that helped develop the AI image generator Stable Diffusion, launched its first mobile app yesterday to give users access to Gen-1, its video-to-video generative AI model. The app is currently only available on iOS devices. With the new app, users will be able to record a video from their phones and […]

AI startup Runway launches app to bring users video-to-video generative AI by Lauren Forristal originally published on TechCrunch

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Big-time VCs link arms for climate coalition

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About two-dozen venture capital firms say they are teaming up to “build a robust movement” in the VC business to combat the climate crisis. The group calls itself the Venture Climate Alliance, or VCA. The coalition counts well-known tech investors, including Kleiner Perkins, Tiger Global and Union Square Ventures as members, and said in a […]

Big-time VCs link arms for climate coalition by Harri Weber originally published on TechCrunch

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Daily Crunch: Did Elon Musk unwittingly expose his alt Twitter account, or are we being trolled again?

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Did Elon Musk unwittingly expose his alt Twitter account, or are we being trolled again? by Christine Hall originally published on TechCrunch

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YouTube continues to see ad revenue decline, 2.6% drop YOY

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Alphabet reported its latest earnings report today, citing that YouTube raked in $6.69 billion in advertising revenue for the first fiscal quarter of 2023—an approximate 2.6% decline compared to the $6.87 billion during the same period last year. Despite the disappointing number, YouTube managed to slightly beat analysts’ expectations of $6.6 billion. This is the […]

YouTube continues to see ad revenue decline, 2.6% drop YOY by Lauren Forristal originally published on TechCrunch

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Clockwork’s Cloud Deluxe platform eliminates packet drops, improves cloud network performance

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Clockwork today announced a new service that uses its clock synchronization service to eliminate packet drops to help businesses improve their network performance. A year ago, the company created a splash when it announced its clock synchronization service that helps businesses keep their server fleets in sync. Keeping clocks in sync with up to 5-nanosecond […]

Clockwork’s Cloud Deluxe platform eliminates packet drops, improves cloud network performance by Frederic Lardinois originally published on TechCrunch

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Shifting from founder to VC with Russ Wilcox from E Ink and Pillar VC

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We’re coming at you live from TechCrunch’s Early Stage in Boston. Darrell and Becca are joined onstage by Russ Wilcox who founded E Ink and is currently a partner at Pillar VC. They discussed how Russ navigated multiple economic downturns and eventually sold E Ink to Amazon, why he made the change from Founder to […]

Shifting from founder to VC with Russ Wilcox from E Ink and Pillar VC by Darrell Etherington originally published on TechCrunch

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Elon Musk may have accidentally leaked his burner account

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Elon Musk tweeted a photo on Monday night that shows him logged into his Twitter account, advertising to content creators how they can activate monetization features on Twitter. Unfortunately for Musk, people weren’t paying much attention to the fact that he has 24.7K paid subscribers — instead, some users realized that he appeared to be […]

Elon Musk may have accidentally leaked his burner account by Amanda Silberling originally published on TechCrunch

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Robotics safety firm Veo raises $29 million, with help from Amazon

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Survey a lot of industrial warehouses and you’ll see a lot of cages. It’s a safety thing — effectively a way of ensuring that robots don’t accidentally hurt people. They’re big, fast and made of metal. We’re small, squishy and don’t always look where we should. It’s not a perfect solution, but it’s the best […]

Robotics safety firm Veo raises $29 million, with help from Amazon by Brian Heater originally published on TechCrunch

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I actually had fun at Fatboy Slim’s metaverse rave

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I stood outside a 50s truck stop diner and gas station under a dark, dusky sky. A bright neon sign that said Norm’s Drive In illuminated the space. Behind a psychedelic school bus parked in the dirt lot, monstrous limbs with huge eyeballs, long lashes and smiley faces for irises extended upwards. Little aliens ran […]

I actually had fun at Fatboy Slim’s metaverse rave by Rebecca Bellan originally published on TechCrunch

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Haltian nabs funds to equip office buildings with smart sensors

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Adopting Internet of Things (IoT) tech for the office isn’t easy — especially at enterprise scale. Companies have IoT device administration to worry about, and also building out the infrastructure necessary to keep those devices connected and operational. To make it easier, five former co-workers — Pasi Leipälä, Teemu Vaattovaara, Jyrki Okkonen, Ville Ylläsjarvi and […] Haltian nabs funds to equip office buildings with smart sensors by Kyle Wiggers originally published on TechCrunch
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Monday, April 24, 2023

Ursa Major to provide engines for the upper stage of Astra’s new rocket

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Astra’s new Rocket 4 launch vehicle will use Ursa Major’s Hadley liquid engine to power its upper stage, the two companies announced Monday. Astra has been tight-lipped about the new upper stage engine that would power its new Rocket 4, with CEO Chris Kemp only telling investors last year that the rocket’s substantially increased payload […]

Ursa Major to provide engines for the upper stage of Astra’s new rocket by Aria Alamalhodaei originally published on TechCrunch

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Greywing’s new SeaGPT solves email overwhelm for maritime crew managers

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Every time a member of their crew changes, maritime crew managers need to handle immigration regulations, COVID requirements and travel plans for each person. This is usually done through emails with port agents, and can quickly lead to an overwhelming number of messages, sent across multiple time zones, especially if multiple people are leaving or […]

Greywing’s new SeaGPT solves email overwhelm for maritime crew managers by Catherine Shu originally published on TechCrunch

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Daily Crunch: App Store reviews and social media depict user backlash against Snapchat’s new AI chatbot

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: App Store reviews and social media depict user backlash against Snapchat’s new AI chatbot by Christine Hall originally published on TechCrunch

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Google Authenticator can now sync 2FA codes to the cloud

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Google Authenticator just got an update that should make it more useful for people who frequently use the service to sign in to apps and websites. As of today, Google Authenticator will now sync any one-time two-factor authentication (2FA) codes that it generates to users’ Google Accounts. Previously, one-time Authenticator codes were stored locally, on […]

Google Authenticator can now sync 2FA codes to the cloud by Kyle Wiggers originally published on TechCrunch

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10 years of fintech failure: 3 more ideas that failed to live up to the initial hype

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These innovations rolled out with hype and momentum, but they ultimately failed to change the way the average person manages their money.

10 years of fintech failure: 3 more ideas that failed to live up to the initial hype by Walter Thompson originally published on TechCrunch

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Apigee rolls out new AI-powered API protection features

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Timed to coincide with the annual RSA cybersecurity conference, Google Cloud announced updates to Apigee, its API management and predictive analytics service, designed to help prevent business logic attacks. Business logic attacks are flaws in the design and implementation of an app that allow malicious actors to elicit unintended behavior. They can be tricky to […]

Apigee rolls out new AI-powered API protection features by Kyle Wiggers originally published on TechCrunch

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Volvo Cars Tech Fund invests in driver monitoring startup CorrActions

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CorrActions, an Israeli startup that, among other things, built a driver monitoring system that can understand a driver’s cognitive state, today announced that it has raised a strategic investment from Volvo Cars Tech Fund. According to the company, the target for this round is $6 million. The idea behind CorrActions is to use sensors that […]

Volvo Cars Tech Fund invests in driver monitoring startup CorrActions by Frederic Lardinois originally published on TechCrunch

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Apple captures nearly half of global refurbished smartphone market

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About half of refurbished smartphones sold globally were iPhones, as Apple’s sales in the category grew 16% year-on-year in 2022. The new figures arrive by way of Counterpoint Research, marking a stark contrast to on-going declines in smartphone shipments. The market research firm said Monday that the global secondary smartphone market grew 5% YoY in […]

Apple captures nearly half of global refurbished smartphone market by Jagmeet Singh originally published on TechCrunch

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Why a fast-growing climate tech startup raised its second Series B in 13 months

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The Inflation Reduction Act hasn’t changed the company’s business model, but it has changed its business plans.

Why a fast-growing climate tech startup raised its second Series B in 13 months by Tim De Chant originally published on TechCrunch

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Bonus BeReal comes to UK, lets users post more than once a day

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BeReal is piloting its new Bonus BeReal feature in the UK. Expected to roll out soon in other countries, this allows users to post more than once per day — you get two Bonus BeReal posts if you manage to upload on time during the two-minute daily window, and one extra post if you miss […]

Bonus BeReal comes to UK, lets users post more than once a day by Amanda Silberling originally published on TechCrunch

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Twitter reinstates Blue verification mark for top accounts — even if they didn’t pay for it

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After removing thousands of legacy verification checkmarks on April 20, Twitter is restoring the Blue tick marks for large accounts — even if they didn’t pay for subscriptions. Over the weekend, multiple top accounts (with more than 1 million followers) got their verification marks back. However, many of them including writer Neil Gaiman, footballer Riyad […]

Twitter reinstates Blue verification mark for top accounts — even if they didn’t pay for it by Ivan Mehta originally published on TechCrunch

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Now valued at $500M, Cosmose ditches Stripe to adopt Near’s crypto solution

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For all the investment speculation and hype, cryptocurrency has so far struggled to find meaningful use cases. Now there’s some effort from Singapore to turn the general public into crypto adopters through blockchain payments. Cosmose AI, a nine-year-old company that uses AI analytics to track in-store foot traffic and engage with shoppers online, is partnering […]

Now valued at $500M, Cosmose ditches Stripe to adopt Near’s crypto solution by Rita Liao originally published on TechCrunch

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Sunday, April 23, 2023

Walmart-backed PhonePe set to challenge Google’s dominance with app store in India

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Indian fintech giant PhonePe is preparing to launch a dedicated app store for Android users in India, the latest product push from the Walmart-backed firm that commands the mobile payments market in the second largest Asian economy. The app store, designed to offer hyper-localized services based on customer context, aims to assist developers with “high-quality” […]

Walmart-backed PhonePe set to challenge Google’s dominance with app store in India by Manish Singh originally published on TechCrunch

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For your pitch, last impressions count almost as much as first impressions

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If you don't have a closing slide, your greatest weaknesses might be left up on the screen while you talk with investors and answer questions.

For your pitch, last impressions count almost as much as first impressions by Haje Jan Kamps originally published on TechCrunch

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What is Auto-GPT and why does it matter?

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Silicon Valley’s quest to automate everything is unceasing, which explains its latest obsession: Auto-GPT. In essence, Auto-GPT uses the versatility of OpenAI’s latest AI models to interact with software and services online, allowing it to “autonomously” perform tasks like X and Y. But as we are learning with large language models, this capability seems to […] What is Auto-GPT and why does it matter? by Kyle Wiggers originally published on TechCrunch
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Saturday, April 22, 2023

AI-generated chart toppers, Apple gets into savings, and Microsoft drops Twitter

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Hello, friends, and welcome to the latest edition of Week in Review (WiR), the weekly newsletter where we recap the past several days (or so) in tech news. We’d argue that there’s no better way to get your news fix, but we’d be biased. Still! Trust us when we say it’s a labor of love. […]

AI-generated chart toppers, Apple gets into savings, and Microsoft drops Twitter by Kyle Wiggers originally published on TechCrunch

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This Week in Apps: Apple ‘sherlocks’ journaling apps, Twitter’s checkmark apocalypse, Snap summit recap

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Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app economy in 2023 hit a few snags, as consumer spending last year dropped for the first time by 2% to $167 billion, according to data.ai’s “State of […]

This Week in Apps: Apple ‘sherlocks’ journaling apps, Twitter’s checkmark apocalypse, Snap summit recap by Sarah Perez originally published on TechCrunch

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Coinbase’s layer-2 blockchain Base plans for 2023 mainnet launch

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Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. For this week’s episode, Jacquelyn interviewed Jesse Pollak, the lead for Base and head of protocols at Coinbase. Base is an Ethereum-focused layer 2 blockchain launched […] Coinbase’s layer-2 blockchain Base plans for 2023 mainnet launch by Jacquelyn Melinek originally published on TechCrunch
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Friday, April 21, 2023

Missouri trans ‘snitch form’ down after people spammed it with the ‘Bee Movie’ script

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A Missouri government tip site for submitting complaints and concerns about gender-affirming care is down after people flooded it with fanfiction, rambling anecdotes and the “Bee Movie” script. The Missouri Attorney General’s office launched an online form for “Transgender Center Concerns” in late March, inviting those who’ve witnessed “troubling practices” at clinics that provide gender-affirming […]

Missouri trans ‘snitch form’ down after people spammed it with the ‘Bee Movie’ script by Morgan Sung originally published on TechCrunch

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Daily Crunch: Starting today, Twitter says all advertisers must obtain verified accounts

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Starting today, Twitter says all advertisers must obtain verified accounts by Christine Hall originally published on TechCrunch

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EU lawmakers eye tiered approach to regulating generative AI

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EU lawmakers in the European parliament are closing in on how to tackle generative AI as they work to fix their negotiating position so that the next stage of legislative talks can kick off in the coming months. The hope then is that a final consensus on the bloc’s draft law for regulating AI can […]

EU lawmakers eye tiered approach to regulating generative AI by Natasha Lomas originally published on TechCrunch

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Twitter removes ‘government-funded’ news labels after NPR and other flubs

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After weeks of truly stupid antics, Twitter has removed “government-funded media” labels on all accounts, from NPR to the Chinese state-affiliated Xinhua News. Twitter even appears to have deleted its web page explaining the “government-funded media” labels. This whole saga started when Twitter labeled NPR as “state-affiliated,” a designation that Twitter reserves for publications where […]

Twitter removes ‘government-funded’ news labels after NPR and other flubs by Amanda Silberling originally published on TechCrunch

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Coinbase’s layer-2 blockchain Base plans for 2023 mainnet launch

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Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. For this week’s episode, Jacquelyn interviewed Jesse Pollak, the lead for Base and head of protocols at Coinbase. Base is an Ethereum-focused layer 2 blockchain launched […]

Coinbase’s layer-2 blockchain Base plans for 2023 mainnet launch by Jacquelyn Melinek originally published on TechCrunch

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As the UK readies its first nationwide Emergency Alerts test this Sunday, here’s everything you need to know

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After officially unveiling itseEmergency Alerts system last month, the U.K. government is preparing to launch the first nationwide this Sunday (23 April). The system is designed to notify the public of impending danger to life in a specific area. At 3pm, all 4G- and 5G-enabled smartphones in the U.K. will receive a message directly to […]

As the UK readies its first nationwide Emergency Alerts test this Sunday, here’s everything you need to know by Paul Sawers originally published on TechCrunch

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Xaviar ‘X’ Jernigan, the voice of Spotify’s DJ, explains what it’s like to become an AI

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In March, Spotify launched its first AI-powered feature with the debut of its AI DJ — a smart audio guide with a convincingly realistic voice. That AI persona was actually based on a real person, as it turns out —  Spotify’s Head of Cultural Partnerships, Xavier “X” Jernigan, who had the honor of becoming the […]

Xaviar ‘X’ Jernigan, the voice of Spotify’s DJ, explains what it’s like to become an AI by Lauren Forristal originally published on TechCrunch

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Twitter’s legacy blue check mark era is officially over

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Twitter appears to have officially killed off its legacy blue check marks, one of the last remaining vestiges of the pre-Elon Musk era. The legacy blue checks, which Twitter doled out to journalists, celebrities and other public officials for free to help curb impersonations and spam, were supposed to end April 1. Musk took to […] Twitter’s legacy blue check mark era is officially over by Kirsten Korosec originally published on TechCrunch
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Thursday, April 20, 2023

Chaos reigns after Twitter’s blue checks vanish

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The blue checkmarks that once christened an echelon of elite Twitter users as trustworthy — or at least probably themselves — are no more. It’s only been a few hours since the so-called legacy blue checks flickered and eventually disappeared, but chaos already reigns. Prior to the great unchecking, Twitter check havers and have-nots were […]

Chaos reigns after Twitter’s blue checks vanish by Taylor Hatmaker originally published on TechCrunch

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Three-wheeled EV startup Arcimoto shuffles leadership again

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A new-ish leadership team is taking over at Arcimoto, a Eugene, Oregon-based startup that makes doorless, three-wheeled electric vehicles. On Thursday, the company said that board member Chris Dawson will step in as CEO, replacing interim CEO Jesse Fittipaldi. Arcimoto added that Fittipaldi will stick around as president and report to Dawson going forward. Two […]

Three-wheeled EV startup Arcimoto shuffles leadership again by Harri Weber originally published on TechCrunch

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Daily Crunch: Proton releases end-to-end encrypted password manager for desktop and mobile

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Proton releases end-to-end encrypted password manager for desktop and mobile by Christine Hall originally published on TechCrunch

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Paramount alleges Warner Bros. Discovery owes $52M for ‘South Park’ streaming rights

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A few months after Warner Bros. Discovery (WBD) sued Paramount over the streaming rights for “South Park,” Paramount is now striking back. On Wednesday, April 19, Paramount countered sued WBD, alleging that the company is withholding two required payments of $26 million each, bringing the total unpaid fees to $52 million. “South Park Studios has […]

Paramount alleges Warner Bros. Discovery owes $52M for ‘South Park’ streaming rights by Lauren Forristal originally published on TechCrunch

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Apple’s newest feature helps solve App Store billing issues without bugging developers

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Apple is introducing a new feature that will reduce the burden on app developers when it comes to solving subscription billing issues. Often, when an app’s subscribers have a payment method that fails, they’ll turn to the app developer for help. But the developer doesn’t handle billing issues for their App Store apps — those […]

Apple’s newest feature helps solve App Store billing issues without bugging developers by Sarah Perez originally published on TechCrunch

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Wavelength is a new app trying to make group chat suck less

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There are billions of people using WhatsApp, Telegram, iMessage, or even Instagram for group chats. These platforms are ideally designed for “personal conversations” — more specifically individual chats. A new app called Wavelength wants to change that narrative by putting group chat on the front stage. The app is built by the makers of Telepath, […]

Wavelength is a new app trying to make group chat suck less by Ivan Mehta originally published on TechCrunch

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Robust.AI raises $20M, as it scales robot deliveries for pilot customers

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When the company started, Robust.AI’s founders had no intention of making hardware. “Hardware’s hard,” cofounder and CTO Rodney Brooks tells TechCrunch, “and doing hardware at scale is harder. It takes a lot of resources and it takes a long time to get there. Which is why people love pure software plays: the marginal cost of […]

Robust.AI raises $20M, as it scales robot deliveries for pilot customers by Brian Heater originally published on TechCrunch

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Tesla Q1 income falls 24% as EV price cuts squeeze profits

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Tesla reported Wednesday net income of $2.51 billion in the first quarter, a 24% drop from the same period last year as the company’s EV price-cutting strategy cut into profits. Tesla has repeatedly reduced the price of its four EVs — the Model S, Model X, Model Y and Model 3 — in the United […] Tesla Q1 income falls 24% as EV price cuts squeeze profits by Kirsten Korosec originally published on TechCrunch
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Wednesday, April 19, 2023

Snap CEO Evan Spiegel on TikTok ban: ‘We’d love that’

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At the Snap Partner Summit, one thing is clear: the company is pulling out all the stops to woo its Gen Z userbase and keep them on the platform. Like literally every other social media app, Snapchat responded to the pressure of TikTok’s massive growth by rolling out its own short form video feed and […]

Snap CEO Evan Spiegel on TikTok ban: ‘We’d love that’ by Amanda Silberling originally published on TechCrunch

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Inside Hyundai’s plan to turn software into a profit machine

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The car industry is in the midst of its biggest transformation since the first Model T rolled off the assembly line. And no, it’s not just about shifting to electric vehicles. It’s about software, which goes hand-in-hand with the EV transition. Automakers are betting that apps designed to work natively with infotainment systems, over-the-air updates, […]

Inside Hyundai’s plan to turn software into a profit machine by Patrick George originally published on TechCrunch

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Microsoft kicks Twitter in the teeth

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Microsoft is dropping Twitter from its advertising platform next week, nearly two months after Twitter announced that it will begin charging a minimum of $42,000 per month to users of its API, which include enterprises and research institutions. Users began receiving emails about its new pricing details in early March, per a Wired report that […]

Microsoft kicks Twitter in the teeth by Connie Loizos originally published on TechCrunch

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Another Starship explosion would be bad news for nearby park managers

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Tomorrow’s Starship orbital flight test may well go explosively wrong, and SpaceX’s less than stellar coordination with officials responsible for overseeing debris cleanup on nearby state parks could leave them with another “substantial burden,” emails between the organizations show. Starship’s upcoming test does not have a very high probability of success, according to SpaceX CEO […]

Another Starship explosion would be bad news for nearby park managers by Aria Alamalhodaei originally published on TechCrunch

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Daily Crunch: Meta is dismissing around 4,000 more employees this week 

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Meta is dismissing around 4,000 more employees this week  by Christine Hall originally published on TechCrunch

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Atlassian brings an AI assistant to Jira and Confluence

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Atlassian today announced the launch of Atlassian Intelligence, the company’s AI-driven ‘virtual teammate’ that leverages the company’s own models in conjunction with OpenAI’s large language models to create custom teamwork graphs and enable features like AI-generated summaries Confluence and test plans in Jira Software, or rewriting responses to customers in Jira Service Management. These new […]

Atlassian brings an AI assistant to Jira and Confluence by Frederic Lardinois originally published on TechCrunch

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Tanso banks a seed for its CO2 footprint software for industrial manufacturers

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Munch-based climate tech startup Tanso, which sells software to help industrial manufacturers carry out sustainability reporting and carbon accounting, has banked €6.5 million in early stage growth funding. The investment breaks down into a €4 million seed raise, led by Cologne-based investor Capnamic, with existing investors including as UVC Partners also participating; and €2.5M it […]

Tanso banks a seed for its CO2 footprint software for industrial manufacturers by Natasha Lomas originally published on TechCrunch

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Qdrant, an open source vector database startup, wants to help AI developers leverage unstructured data

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For many, ChatGPT and the generative AI hype train signals the arrival of artificial intelligence into the mainstream. But while there’s little question of a seismic sea change these past six months in terms of public awareness, the growing demand for AI could be outpacing the infrastructure required to power the myriad use-cases that are […]

Qdrant, an open source vector database startup, wants to help AI developers leverage unstructured data by Paul Sawers originally published on TechCrunch

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Unagi secures Best Buy as e-scooter subscription partner

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E-scooter manufacturer Unagi has had a busy month. Just a couple weeks after bringing its Model One Voyager scooter to market, the company says it closed a large funding round and secured Best Buy as a scooter subscription partner. The $29.3 million round is a combination of equity and debt. The $17.3 million in equity […]

Unagi secures Best Buy as e-scooter subscription partner by Rebecca Bellan originally published on TechCrunch

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Ask Sophie: Can I launch a startup if I’m in the US on a student visa?

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One day, my dream would be to create my own startup in the U.S. Is there any groundwork I am allowed to lay to make my dream come true?

Ask Sophie: Can I launch a startup if I’m in the US on a student visa? by Walter Thompson originally published on TechCrunch

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Stealth-mode startups: Apply to Startup Battlefield 200

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Calling all founders with a startup in stealth mode! Unless you’ve been buried under a rock in an undisclosed remote location, you already know that the Startup Battlefield 200 (SB 200) is the world’s preeminent competition — and launching pad — for early-stage startups. Apply to the Startup Battlefield 200 Don’t miss your chance to […]

Stealth-mode startups: Apply to Startup Battlefield 200 by Neesha A. Tambe originally published on TechCrunch

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FTC warns that AI technology like ChatGPT could ‘turbocharge’ fraud

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In a Congressional hearing on Tuesday focused on the Federal Trade Commission’s work to protect American consumers from fraud and other deceptive practices, FTC chair Lina Khan and fellow commissioners warned House representatives of the potential for modern AI technologies, like ChatGPT, to be used to “turbocharge” fraud. The warning was issued in response to […] FTC warns that AI technology like ChatGPT could ‘turbocharge’ fraud by Sarah Perez originally published on TechCrunch
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Tuesday, April 18, 2023

Another round of mass layoffs expected at Meta this week

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Meta, formerly Facebook, is expected to issue another round of mass layoffs Wednesday, according to a report from Vox that cites “several sources working at the company.” The layoffs are part of a broader restructuring at Meta that CEO Mark Zuckerberg has dubbed the “year of efficiency.” In March, Zuckerberg said the company would cut […]

Another round of mass layoffs expected at Meta this week by Rebecca Bellan originally published on TechCrunch

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The Polestar 4 replaces a rear window with a hi-def screen

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Polestar introduced the Polestar 4, the second SUV in its lineup, at Auto Shanghai 2023. Actually, it’s technically an SUV coupé, meaning it has the space and four doors of an SUV, but the sloping roof and aerodynamics of a coupé. The Polestar 4 has plenty of new specs that make it turn heads, but […]

The Polestar 4 replaces a rear window with a hi-def screen by Rebecca Bellan originally published on TechCrunch

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Einride brings its electric trucks to U.K. freight sector in partnership with PepsiCo

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Electric and autonomous trucking company Einride is expanding to the U.K., representing the latest in a line of European market expansions. Einride said that it’s looking to target the 1.6 billion tonnes of goods that are transported by road freight in the U.K each year. Its first U.K. deployment will be in partnership with PepsiCo […]

Einride brings its electric trucks to U.K. freight sector in partnership with PepsiCo by Paul Sawers originally published on TechCrunch

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Daily Crunch: Citizen Lab claims Apple’s ‘Lockdown Mode’ helped block spyware attack by hacker group NSO

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Citizen Lab claims Apple’s ‘Lockdown Mode’ helped block spyware attack by hacker group NSO by Christine Hall originally published on TechCrunch

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There was just one fintech unicorn birth in the first quarter

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Global fintech funding totaled $15 billion in the first quarter of this year, growing 55% from the fourth quarter, according to CB Insights’ latest State of Fintech report.  While this generally may seem like a win, it’s important to note a few things. For one, 2020 and 2021 were unique years where investment in fintech […]

There was just one fintech unicorn birth in the first quarter by Christine Hall originally published on TechCrunch

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Europe spins up AI research hub to apply accountability rules on Big Tech

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As the European Union gears up to enforce a major reboot of its digital rulebook in a matter of months, a new dedicated research unit is being spun up to support oversight of large platforms under the bloc’s flagship Digital Services Act (DSA). The European Center for Algorithmic Transparency (ECAT), which was officially inaugurated in […]

Europe spins up AI research hub to apply accountability rules on Big Tech by Natasha Lomas originally published on TechCrunch

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Meta opens up its social VR space Horizon Worlds to teens

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Meta announced today that it’s opening up Horizon Worlds to teen users in the U.S. and Canada, after previously restricting the social VR platform to users 18 years of age and above. As part of the expansion, the company says it’s introducing a set of age-appropriate protections and safety defaults. The move comes as lawmakers […]

Meta opens up its social VR space Horizon Worlds to teens by Aisha Malik originally published on TechCrunch

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TechCrunch+ roundup: SaaS benchmarks, TikTok strategy, milestone-based fundraising

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SaaS companies are like leaky rowboats: if retention rates don't overcome customer churn, you will take on water and sink to the bottom.

TechCrunch+ roundup: SaaS benchmarks, TikTok strategy, milestone-based fundraising by Walter Thompson originally published on TechCrunch

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Gogoro’s battery swapping stations in Taiwan are now virtual power plants

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Taiwanese two-wheeler battery swapping company Gogoro has a plan to give energy back to Taiwan’s electrical grid and make money while doing it. The company is partnering with Enel X, an energy services provider, to integrate 2,500 of its GoStations in Taiwan into Enel X’s Virtual Power Plant (VPP). A VPP is a collection of […]

Gogoro’s battery swapping stations in Taiwan are now virtual power plants by Rebecca Bellan originally published on TechCrunch

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Instagram takes on Linktree and others with support for up to 5 ‘links in bio’

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Instagram today is rolling out a new feature for adding links to user profiles that challenges Linktree, Beacons and numerous other “link in bio” solution providers. The company announced on Tuesday it will now allow users to add up to five links to their Instagram profile bios, which can direct their followers to other content […]

Instagram takes on Linktree and others with support for up to 5 ‘links in bio’ by Sarah Perez originally published on TechCrunch

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