Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Ledger locks down another $108M to double down on hardware crypto wallets by Christine Hall originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Virgin Orbit is laying off around 85% of its workforce in order to further reduce expenses, after the troubled space company said it was unable to secure additional funding to keep it afloat. The news, which Virgin Orbit filed with the U.S. Securities and Exchange Commission Thursday, comes just two weeks after the company furloughed […]
Virgin Orbit burns up in uncontrolled descent by Aria Alamalhodaei originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Yes, there is an anime dating sim that does your taxes, and it actually works. Tax Heaven 3000 is a game produced by MSCHF, the venture-funded creative studio behind projects like Push Party, the Lil Nas X blood shoes, the big red Astro Boy boots and Dead Startup Toys. Basically, they just make a bunch […]
I played the anime dating sim that does your taxes for you by Amanda Silberling originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
If you thought last week was crazy with the SEC clamping down on major crypto companies like Coinbase and Tron, you should buckle up for this week’s news.
Crypto market cap unaffected on the week amid more US lawsuits by Jacquelyn Melinek originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
When Netflix launched its ad-supported plan four months ago, there were a few devices the plan didn’t support — Apple TV being one of them. Starting this week, the cheaper tier is available in the Netflix tvOS app. A Reddit user that goes by websgeisti noticed the update yesterday. The user noted that Netflix’s Basic […]
Netflix’s ad-supported plan comes to Apple TV after months of delay by Lauren Forristal originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
While some startups are reinventing the wheel, most are looking to build nuanced use cases of AI. It would be weirder if they weren't.
Yeah, of course, YC’s winter class is oozing with AI companies by Rebecca Szkutak originally published on TechCrunch
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What do you do when you have a very successful and popular product (marijuana) that is legal in some places, but federally has been a Schedule 1 drug since 1970? Well, you can’t rely on any national institutions as your business partners. One of the major places that shows up is in payments and payment […]
Smoakland is testing a loophole to sell cannabis by credit card by Haje Jan Kamps originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Lyft might once again drop its shared rides offering, just one of several changes the company’s newly appointed CEO could make in a bid to focus on its core ride-hailing business and become profitable. David Risher, who is taking over as Lyft’s CEO in mid-April, told TechCrunch in a wide ranging interview that other features […]
Lyft might drop shared rides, stay focused on basics under new CEO by Rebecca Bellan originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK by Christine Hall originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Microsoft is “exploring” putting ads in the responses given by Bing Chat, its new search agent powered by OpenAI’s GPT-4. While these sponsored responses are clearly labeled as such, it does make one question how far we’ve really come from the old model of ads on search engines. Microsoft confirmed this is happening, albeit in […]
That was fast! Microsoft slips ads into AI-powered Bing Chat by Devin Coldewey originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Investors just pumped millions into Irrigreen, a startup vying to quench America’s thirsty lawns with “approximately 50% less water.” Seed investor Ulu led the $15 million funding round. Two tech investors that are focused on water conservation — Burnt Island and Echo River — also chipped in, among a handful of others. The San Francisco–based […]
Irrigreen’s precision sprinklers prevent water waste and wet legs by Harri Weber originally published on TechCrunch
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According to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.”
6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech by Anna Heim originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz, CEO Jeff Clementz said during an earnings call. The layoffs came as the company saw its revenue plummet in the fourth quarter and its […]
Online used-car marketplace Shift cuts workforce 30% following CarLotz merger by Kirsten Korosec originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
