Friday, June 2, 2023

Shopify’s Shop app introduces a new ‘Shop Cash’ rewards program

Shopify’s Shop app is introducing a new rewards program called Shop Cash, the e-commerce platform announced on Friday. The new program is funded by Shopify and earns shoppers 1% back on purchases made using its Shop Pay online checkout service. Once a purchase is made, shoppers will see their rewards appear in their Shop Pay […]

Shopify’s Shop app introduces a new ‘Shop Cash’ rewards program by Aisha Malik originally published on TechCrunch

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NestAway, once valued at over $225 million, sells for $11 million

PropTech firm Aurum is acquiring NestAway, a once high-flying Indian startup operating in the same space, for up to $10.9 million, in a deal that marks a near complete erosion in value for the startup’s investors. Eight-year-old NestAway raised $115 million over the years and was valued at $227 million in a funding round in […]

NestAway, once valued at over $225 million, sells for $11 million by Manish Singh originally published on TechCrunch

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‘Stranger Things’ game developer BonusXP is shutting down

BonusXP, the game studio that worked with Netflix to kick off its gaming initiative and introduced “Stranger Things” titles on mobile devices, as well as on desktop and consoles, is shutting down. The Texas-based studio announced the closure through its social media channels on Wednesday evening. “We have begun the difficult process of ceasing operations […] ‘Stranger Things’ game developer BonusXP is shutting down by Jagmeet Singh originally published on TechCrunch
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Thursday, June 1, 2023

Gig workers in California to receive millions for unpaid vehicle expenses

Uber, Lyft, DoorDash and other app-based ride-hail and delivery companies will have to reimburse California gig workers potentially millions of dollars for unpaid vehicle expenses between 2022 and 2023. The back payments come from a provision in Proposition 22, the controversial law that classifies gig workers as independent contractors rather than employees and promises them […]

Gig workers in California to receive millions for unpaid vehicle expenses by Rebecca Bellan originally published on TechCrunch

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Twitter’s trust and safety lead Ella Irwin resigns

Twitter’s head of trust and safety Ella Irwin has resigned, the now-former executive confirmed to Reuters on Thursday. Irwin took over for Yoel Roth, who famously left the company during the early days of Elon Musk’s chaotic Twitter takeover. While Roth clashed with Musk over the new Twitter owner’s hands-off approach to content moderation, Irwin […]

Twitter’s trust and safety lead Ella Irwin resigns by Taylor Hatmaker originally published on TechCrunch

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Pixxel’s hyperspectral orbital imagery attracts investment from Google

Hyperspectral imagery startup Pixxel has closed $36 million in funding as it prepares to roll out new remote sensing and analytics capabilities to customers. The L.A. and Bangalore-based startup also scored a new strategic investor: Google, the tech giant that’s as well known for its mapping products as it is for its search engine. While […]

Pixxel’s hyperspectral orbital imagery attracts investment from Google by Aria Alamalhodaei originally published on TechCrunch

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BeReal is adding a messaging feature called RealChat

BeReal is working on a chat feature, which will begin with a test among users in Ireland. At launch, users will be able to message one on one with friends, send them a private BeReal (no time limit, just a front-back photo) and react with RealMoji (BeReal’s custom emojis). BeReal users can only message each […]

BeReal is adding a messaging feature called RealChat by Amanda Silberling originally published on TechCrunch

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Ford pilot program offers Uber drivers in California flexible Mach-E leases

Ford has launched a pilot that will give Uber drivers access to flexible leases on Mustang Mach-E models in three California cities. The pilot program, called Ford Drive, launched Thursday in San Diego, San Francisco and Los Angeles. It’s an initiative of Ford Next, a division within Ford that incubates and launches new business that […]

Ford pilot program offers Uber drivers in California flexible Mach-E leases by Rebecca Bellan originally published on TechCrunch

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New New York-meets-Warsaw VC fund brings in Japan partner to hunt for European startups

The VC which backed such a startups as Socure (raised $741.9M) and Cornerstone OnDemand (now NASDAQ:CSOD) is launching a new fund to support startups in Central Europe. To date the new “ff Red & White” fund from ff Venture Capital has closed €32 million so far, with a final target of €60 million later this […]

New New York-meets-Warsaw VC fund brings in Japan partner to hunt for European startups by Mike Butcher originally published on TechCrunch

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Baidu’s $145M AI fund signals China’s push for AI self-reliance

The U.S.-China decoupling is giving rise to a divided tech landscape between the two major economies, shaping the development of the red-hot area of generative AI, which turns text into various forms of content like prose, images, and videos. China, in order to reduce dependence on the U.S. technological foundation, has been pursuing its own […]

Baidu’s $145M AI fund signals China’s push for AI self-reliance by Rita Liao originally published on TechCrunch

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Popular Reddit app Apollo may go out of business over Reddit’s new, unaffordable API pricing

The maker of Apollo, one of the most popular third-party mobile apps for browsing Reddit, may have to close up shop due to Reddit’s recently announced new API pricing terms. App developer Christian Selig shared today that Reddit’s API pricing appears to be bad news for the future of third-party Reddit apps, as it would […] Popular Reddit app Apollo may go out of business over Reddit’s new, unaffordable API pricing by Sarah Perez originally published on TechCrunch
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Wednesday, May 31, 2023

GetYourGuide books $194M at a $2B valuation with travel experiences back in business

The tourist industry is bouncing back after a rough couple of pandemic-stressed years, and in the case of some tourism and travel startups, its momentum is coming in at a pace that’s defying the even the current market climate. Today, GetYourGuide — a Berlin-based startup that has built a marketplace for finding and booking tourist, […]

GetYourGuide books $194M at a $2B valuation with travel experiences back in business by Ingrid Lunden originally published on TechCrunch

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California lawmakers and AV industry battle for future of self-driving trucks

A California bill that would require a trained human safety operator to be present any time a heavy-duty autonomous vehicle operates on public roads in the state is getting traction. The bill, first introduced in January, passed the state’s Assembly Wednesday and will now face a committee review and vote in the Senate. Advocates of […]

California lawmakers and AV industry battle for future of self-driving trucks by Rebecca Bellan originally published on TechCrunch

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Indian SaaS startup Capillary Technologies grabs $45M to expand globally

Capillary Technologies, an Indian SaaS startup that offers solutions for loyalty management and customer engagement, has raised $45 million in a funding round, as it plots plans to expand into global markets and widen its reach through mergers and acquisitions. The funding arrives at a crucial time amidst the prevailing market slowdown, where startups, particularly […]

Indian SaaS startup Capillary Technologies grabs $45M to expand globally by Jagmeet Singh originally published on TechCrunch

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