Sequoia reveals in filing how much is sitting in its Sequoia Capital Fund (and yes, it’s a lot)

Almost a year ago to the day, the 50-year-old investing powerhouse Sequoia Capital announced that it had reorganized itself around a singular, permanent structure: The Sequoia Capital Fund. Now, thanks to an SEC form filed on Friday, we know how much is sitting in the fund: $13.6 billion. The number represents two things: the value […]

Sequoia reveals in filing how much is sitting in its Sequoia Capital Fund (and yes, it’s a lot) by Connie Loizos originally published on TechCrunch

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Daily Crunch: Bitcoin-demanding cybercriminals use bug from 2021 to initiate global ransomware attack

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

Daily Crunch: Bitcoin-demanding cybercriminals use bug from 2021 to initiate global ransomware attack  by Christine Hall originally published on TechCrunch

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FRIDA’s robot arm attempts to bring DALL-E-style AI art to real-world canvases

One could make a very reasonable argument that FRIDA (Framework and Robotics Initiative for Developing Arts) is as much a thought experiment as it is a research project. Certainly it butts up against similar questions around art and creativity as AI projects like DALL-E and ChatGPT — though the question is arguably even more in […]

FRIDA’s robot arm attempts to bring DALL-E-style AI art to real-world canvases by Brian Heater originally published on TechCrunch

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‘Black Panther: Wakanda Forever’ becomes the most-watched Marvel premiere on Disney+

Five days after getting its streaming debut on Disney+, “Black Panther: Wakanda Forever” is now the most-watched Marvel premiere on Disney+ based on hours streamed within the first five days, the company announced today. Disney didn’t provide specific viewing numbers, so it’s not exactly clear how the movie’s streaming performance compares to other Marvel titles […]

‘Black Panther: Wakanda Forever’ becomes the most-watched Marvel premiere on Disney+ by Lauren Forristal originally published on TechCrunch

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Max Q: Space raise

TechCrunch's weekly newsletter dedicated to all things space, including launch, satellites, space stations and more.

Max Q: Space raise by Aria Alamalhodaei originally published on TechCrunch

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EV maker VinFast downsizes in US, Canada

Vietnamese electric vehicle maker VinFast is cutting jobs in the United States and Canada as part of a restructuring that will merge operations across the two countries. The restructuring comes as VinFast prepares to enter the U.S. public market and delays deliveries to its first customers in the country. VinFast has not shared how many […]

EV maker VinFast downsizes in US, Canada by Rebecca Bellan originally published on TechCrunch

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Modular eel robots combine soft and rigid components

Here’s an interesting comment from MIT’s Alfonso Parra Rubio, “Treating soft versus hard robotics is a false dichotomy.” For, I suppose, obvious reasons, thinking around technology tends to be a bit…binary. Certainly we’ve traditionally regarded soft robots as being something that exists in direct opposition to their more traditional counterparts. But the organic beings that […]

Modular eel robots combine soft and rigid components by Brian Heater originally published on TechCrunch

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Nex Cubed launched $40 million fund targeting Black colleges and universities

The fund seeks to foster and invest in startups where at least one founder is an HBCU student, alumni, or faculty member.

Nex Cubed launched $40 million fund targeting Black colleges and universities by Dominic-Madori Davis originally published on TechCrunch

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To improve close rates for technical interviews, give applicants feedback (good or bad)

Technical interviews are a black box — candidates usually are told whether they made it to the next round, but they rarely find out why.

To improve close rates for technical interviews, give applicants feedback (good or bad) by Ram Iyer originally published on TechCrunch

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Breef raises $16M to match brands with marketing agencies

Breef, a platform that allows brands to manage and service marketing agency projects, today announced that it raised $16 million in a Series A round (an undisclosed portion of which was debt) led by Greycroft with participation from BDMI, UTA.VC, Afterpay’s Touch Ventures and UC Berkeley’s The House Fund. The new capital brings Breef’s total […]

Breef raises $16M to match brands with marketing agencies by Kyle Wiggers originally published on TechCrunch

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Meta fails in bid to be removed as a party from an exploitation lawsuit against it and moderation partner Sama in Kenya

More drama is afoot for Facebook’s parent company Meta on the African continent. A Kenyan court today rejected Meta’s request to be removed as party in a lawsuit filed last year against it and Sama, its main subcontractor for content moderation in Africa. Together, the two are being accused of exploitation and union busting. Meta […]

Meta fails in bid to be removed as a party from an exploitation lawsuit against it and moderation partner Sama in Kenya by Annie Njanja originally published on TechCrunch

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Choosing a cloud infrastructure provider: A beginner’s guide

It's essential to analyze the tools available before you decide on a cloud infrastructure provider to keep application maturity and running costs in check.

Choosing a cloud infrastructure provider: A beginner’s guide by Ram Iyer originally published on TechCrunch

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The solo GP behind iSeed SEA launches his second fund for Southeast Asia

If you follow Southeast Asia funding, you’re probably familiar with iSeed SEA. Some of the startups the fund has invested in since it launched in 2020 include Dat Bike, Skuad and Upmesh. What you might not know, however, is that iSeed SEA is a solo GP fund. Now that solo GP, AngelList alum Wing Vasiksiri, […]

The solo GP behind iSeed SEA launches his second fund for Southeast Asia by Catherine Shu originally published on TechCrunch

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Startups, here’s how you can make hardware without ruining the planet

If you can't make planet-friendly choices as the founder of a startup, when the buck literally stops with you, when can you?

Startups, here’s how you can make hardware without ruining the planet by Haje Jan Kamps originally published on TechCrunch

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India is blocking over 230 betting and loan apps, many with ties to China

India is moving to block 232 apps, some with links to China, that offer betting and loan services in the South Asian market to prevent misuse of the citizens’ data, the state-owned public broadcaster said Sunday. The Ministry of Electronics and Information Technology is in the process to enforce an emergency order to ban 138 […]

India is blocking over 230 betting and loan apps, many with ties to China by Manish Singh originally published on TechCrunch

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