CEO Vishal Garg apologizes to current employees for ‘blundering’ of mass layoffs; SPAC delayed
Wed, 08 Dec 2021 00:19:21 +0000 CEO Vishal Garg apparently realizes he’s done wrong. (As if the barrage of negative publicity wasn’t enough evidence of that ). Today, a letter to current employees was leaked on Blind by a verified Better employee. In the letter, Garg apologized for the way he (mis)handled the layoffs news last week, writing: “I failed to […]
On 5th anniversary, the Chan Zuckerberg Initiative announces new institutes and efforts in biotech
Tue, 07 Dec 2021 23:29:12 +0000
It’s been five years since the founding of the Chan Zuckerberg Initiative, which has proven to be quite a generous patron of cutting-edge biotech science and research, and far from winding down, the organization is stepping on the gas as good outcomes from its grants and internal work pile up. “Working as partners with scientists, […]
Invest in Earth’s biggest problems to save the planet and turn a profit
Tue, 07 Dec 2021 23:21:30 +0000
The bigger the impact, the bigger the problem — and likely the bigger the market opportunity and financial return. Impact is where the problems are.
Daily Crunch: Digital infrastructure giant Equinix buys Nigeria-based MainOne for $320M
Tue, 07 Dec 2021 23:10:46 +0000
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
TechCrunch+ roundup: Credit Karma post-exit, recruiting developers, re:Invent recap
Tue, 07 Dec 2021 22:59:52 +0000
The very day in Feb. 2020 that Credit Karma planned to announce that it had been acquired by Intuit for over $7 billion, the stock market tanked, spooked by news that a virus could start a pandemic.
AWS opens ‘top secret’ western region for US government customers
Tue, 07 Dec 2021 22:37:24 +0000
“Amazon’s cloud arm, AWS, announced a new ‘top secret’ region this week, designed specifically for the U.S. government. It is Amazon’s second such region. The company now boasts “top secret” regions on the east and west coasts of the U.S. “AWS Top Secret-West is accredited to operate workloads at the Top Secret U.S. security classification […]’s PR, comms, marketing heads submit resignations in wake of layoffs fiasco
Tue, 07 Dec 2021 21:49:50 +0000 continues to find new ways to make itself look bad. This week, sources familiar with internal happenings within the company told TechCrunch the company’s VP of communications, Patrick Lenihan; head of public relations, Tanya Gillogley; and head of marketing, Melanie Hahn, have all submitted their resignations. Insider also reported the news earlier today. The […]
Facebook’s new website lets fans buy ‘Stars’ without paying the app stores’ commissions
Tue, 07 Dec 2021 21:28:52 +0000
Meta (formerly Facebook) has found a new way to avoid the app stores’ commissions on in-app purchases with the launch of a new website where people can buy “Stars” — the virtual items that allow fans to express their support for favorite creators during Facebook videos and livestreams. Typically, Stars are bought as in-app purchases […]
Amazon Web Services went down and took a bunch of the internet with it
Tue, 07 Dec 2021 20:56:54 +0000
Users are reporting a widespread outage at Amazon Web Services, bringing down websites and backend services for organizations including the Associated Press, Disney+ and Vice.
MainOne CEO Funke Opeke says Equinix is buying her company for the right price
Tue, 07 Dec 2021 20:24:32 +0000
The African tech scene woke up today to exciting news about the landmark acquisition of MainOne, one of the region’s most important and pivotal tech companies in the past decade, by Equinix, a U.S. multinational specializing in internet connection data centers. The story of MainOne starts with founder and CEO Funke Opeke moving back to […]
USAID should let for-profit companies help it build a better world
Tue, 07 Dec 2021 20:23:47 +0000
If USAID's NPI expands to work with tech companies, they can provide USAID with existing tools and solutions. Opening up NPI to for-profit businesses is the first step in doing so.
TechCrunch wants to meet your startup at CES 2022
Tue, 07 Dec 2021 20:04:59 +0000
After a year away, we’re less than a month out from the next CES. Seeing as how it’s a hybrid event (as, we assume, most events will be, going forward), TechCrunch is taking a hybrid approach to the Consumer Electronics Show. We’ll be tackling the event both in person and remotely, and — as usual […]
Jupe wants to solve for X, where X is the 1.5B people without adequate shelter
Tue, 07 Dec 2021 20:00:55 +0000
“We’re not making fucking glamping tents for bros at Coachella,” Jeff Wilson, co-founder and CEO at Jupe is eager to reassure me, as he outlines his vision for the company. “At this point, food is a distribution problem, clothing is largely solved. There are about 1.5 billion people in the world that still don’t have […]
Gift Guide: Camping gear you won’t regret buying
Tue, 07 Dec 2021 20:00:34 +0000
Buying camping gear is all about making tradeoffs. Lightweight backpacking gear may be perfect for trips where you carry everything with you but might not be quite as sturdy as the heavier options. Little luxury items can make a trip feel plush, but every dollar spent might make you a bit more wary to drop your pack and go for that lake swim.
App stores to see record consumer spend of $133 billion in 2021, 143.6 billion new app installs
Tue, 07 Dec 2021 19:48:38 +0000
The app economy will again set new records in 2021. According to a review of the global app ecosystem in 2021 by Sensor Tower, released today, first-time app installs grew to 143.6 billion during the year, a half percentage point higher than 2020, but consumer spending in apps is up a much larger 19.7% year […]
Meta’s Messenger boss is leaving the company
Tue, 07 Dec 2021 19:20:45 +0000
As Facebook transitions its corporate branding and organizes around a “metaverse” future, a number of high-profile execs have been leaving the company. Last week, former Messenger boss and current crypto czar David Marcus announced he was leaving at the end of the year. Today, Meta’s current chief of the Messenger division Stan Chudnovsky announced he […]
Last week to score late-registration passes to TC Sessions: Space 2021
Tue, 07 Dec 2021 19:01:13 +0000
There’s just one week left until TC Sessions: Space 2021 launches on December 14-15. If you haven’t secured your seat on this virtual mission that explores the trends, advances and opportunities in the rapidly evolving space industry, it’s time to get it done. Late registration pricing disappears on December 13 at 11:59 pm (PT). Buy […]
Netflix’s gaming service adds three more titles globally on iOS and Android
Tue, 07 Dec 2021 18:57:27 +0000
Last month, Netflix’s new gaming service became globally available across both iOS and Android with a debut lineup that included two “Stranger Things”-themed games and a few more casual gaming titles. Netflix has now expanded its lineup with three more games that are rolling out globally for both iOS and Android users. The first new title is […]
Twitter will use new data from reported tweets to identify platform problems earlier
Tue, 07 Dec 2021 18:30:11 +0000
Twitter is trying out some changes to the way that users report tweets that they believe might break Twitter’s rules. Like most social media companies, Twitter has long relied on user reporting to flag potentially policy-violating tweets. But in its new imagining of that system those reports would provide the company with a richer picture […]
At ‘Lens Fest,’ Snap debuts creations tools for more sophisticated augmented reality experiences
Tue, 07 Dec 2021 18:01:01 +0000
As Snap’s creators begin to experiment with the company’s augmented reality Spectacles hardware, the company is delving deeper into juicing the capabilities of its Lens Studio to build augmented reality filters that are more connected, more realistic and more futuristic. At the company’s annual Lens Fest event, Snap debuted a number of changes coming to […]