Monday, March 13, 2023

Starlink and T-Mobile’s sat-to-cell service will start testing this year

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SpaceX and T-Mobile will begin testing a new service to bring satellite connectivity to cell phones this year, a SpaceX executive said. The news, first reported by CNBC, suggests that we may be close to a future where cellular “dead zones” are a thing of the past. SpaceX and T-Mobile announced the partnership last August, […]

Starlink and T-Mobile’s sat-to-cell service will start testing this year by Aria Alamalhodaei originally published on TechCrunch

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The one where Alex and Natasha catch the Equity audience up on SVB

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Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is Alex and we are here to do our Monday show, a kickoff for the week that covers startup news, tech news and a little bit of the money that powers both. Given […]

The one where Alex and Natasha catch the Equity audience up on SVB by Natasha Mascarenhas originally published on TechCrunch

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WordPress.com owner Automattic acquires an ActivityPub plugin so blogs can join the Fediverse

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WordPress.com sites now have an easier way to integrate with the Fediverse, including Mastodon. Automattic, the company behind WordPress.com, Tumblr, and other web publishing tools is the new owner of the ActivityPub for WordPress plugin and has also recruited its developer to come work for the company, according to Automattic CEO Matt Mullenweg. The newly […]

WordPress.com owner Automattic acquires an ActivityPub plugin so blogs can join the Fediverse by Sarah Perez originally published on TechCrunch

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Signature Bank seizure creates obstacles for crypto industry while promoting ‘unbanked’ innovations

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Unease is rising in crypto after federal regulators seized Signature Bank, Silvergate Capital wound down operations, and Silicon Valley Bank collapsed.

Signature Bank seizure creates obstacles for crypto industry while promoting ‘unbanked’ innovations by Jacquelyn Melinek originally published on TechCrunch

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Aether wants to shift you from blood diamonds to gems pulled from thin air

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Diamonds: carbon, transparent, expensive, symbolic of love and commitment — and many of them come dripping with human rights abuses. They also come with a heavy environmental burden, even the lab-grown ones. So what if diamonds could be done differently, with proper traceability and sustainability? That’s exactly where Aether, a diamond-growing company based in New […]

Aether wants to shift you from blood diamonds to gems pulled from thin air by Haje Jan Kamps originally published on TechCrunch

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123 Baby Box delivers for parents seeking children’s products without the hassle

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123 Baby Box sends parents a curated box of items tailored to their baby’s age and developmental stage. 

123 Baby Box delivers for parents seeking children’s products without the hassle by Christine Hall originally published on TechCrunch

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Sunday, March 12, 2023

Deel makes over $120M of its own cash available to support customers affected by SVB crisis

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Global payroll provider Deel plans to provide $120 million of its own cash off its balance sheet to support startups’ payroll operations in the wake of Silicon Valley Bank shutting down. It has teamed up with Andreessen Horowitz (a16z) and Y Combinator – both of which are investors in Deel – to offer the support […]

Deel makes over $120M of its own cash available to support customers affected by SVB crisis by Natasha Mascarenhas originally published on TechCrunch

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Silicon Valley Bank’s depositors will be fully protected, according to the Federal Reserve

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The Federal Reserve issued a joint pair of statements on Sunday with one clear message: Silicon Valley Bank’s depositors, both insured and uninsured, will receive help in a manner that will “fully protect” all. Depositors, the statement reads, “will have access to all of their money starting Monday, March 13. No losses associated with the […]

Silicon Valley Bank’s depositors will be fully protected, according to the Federal Reserve by Natasha Mascarenhas originally published on TechCrunch

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Sam Altman, Vinod Khosla say they’ll personally loan cash to startups in the wake of SVB collapse

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Two of tech’s biggest entrepreneurs, OpenAI CEO Sam Altman and storied venture capitalist Vinod Khosla, are offering personal capital to startups on the brink of SVB collapse as their money remains locked up at Silicon Valley Bank. The bank, which was shut down and taken over by regulators on Friday, is involved with nearly half […]

Sam Altman, Vinod Khosla say they’ll personally loan cash to startups in the wake of SVB collapse by Natasha Mascarenhas originally published on TechCrunch

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As the SVB auction continues, the sale of its UK arm bounces between potential suitors

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In the US today, The Federal Deposit Insurance Corp. continued the auction process for the beleaguered Silicon Valley Bank, with final bids due by Sunday afternoon, according to Bloomberg. Any agreed sale may not be known until late Sunday, if at all. It’s still possible that no deal will be reached and the bank will […]

As the SVB auction continues, the sale of its UK arm bounces between potential suitors by Mike Butcher originally published on TechCrunch

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FDIC auction for SVB assets said to be underway

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An auction for the remaining assets of the failed Silicon Valley Bank is reportedly underway, with final bids due this afternoon and a result potentially arriving late Sunday, according to Bloomberg. Bloomberg says that the U.S. Federal Deposit Insurance Corp. (FDIC), which stepped in and shut down SVB on Friday as it was experiencing an unprecedented […]

FDIC auction for SVB assets said to be underway by Darrell Etherington originally published on TechCrunch

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Watch Relativity attempt to launch Terran 1…again

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https://www.youtube.com/live/9Tv6pbDCmLk?feature=share Relativity Space is gearing up for its second launch attempt of the Terran 1 rocket, wasting no time after scrubbing the first attempt earlier this week. The company returns to the launch pad at Cape Canaveral with the goal of making history: sending the worlds first majority-3D printed rocket to orbit. The first launch […] Watch Relativity attempt to launch Terran 1…again by Aria Alamalhodaei originally published on TechCrunch
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