Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. And, you might be glad to know, today was not all about OpenAI. Instead, we took on a … [Read more...]
Dbrand is suing Casetify over stolen designs
Dbrand, a company that makes gadget skins, sued competitor Casetify last week in a Canadian court over a set of stolen skin designs. The brand is seeking multi-million dollars in damages as part of the lawsuit. In a series of posts on X, Dbrand described how Casteify allegedly copied elements from a series of accessory lines called “Teardown” which Dbrand created with YouTuber Zack Nelson aka … [Read more...]
Amazon’s new $195 thin client looks just like a Fire TV Cube
Amazon’s new thin client looks just like a Fire TV Cube…and that’s by design. The company this morning announced the launch of new $195 devices that allow enterprise users to access virtual desktop environments, like Amazon WorkSpaces, over the internet. The devices are housed in Fire TV Cube hardware — a decision Amazon made to leverage existing expertise from the arm of the retail giant that … [Read more...]
RepeatMD lands capital to grow its aesthetics and wellness booking business
Traditionally, the aesthetics and wellness industry — med spas, dermatologists, plastic surgeons, weight loss clinics, OBGYNS and so on — have leaned on in-person consultations and ad hoc marketing campaigns to drive business. But the pandemic changed the equation. Now, there’s an expectation that these businesses have a presence on major digital channels. Not every practice has the skills and … [Read more...]
Mozaic raises $20 million to build payment splitting solution for creators
Creators often work with different collaborators for different projects. And splitting payments with others is one of the biggest challenges for creators. Mozaic (previously Jammber) is trying to solve this problem through its range of solutions including APIs and Chrome extensions. The company has raised a $20 million Series A round of funding from Volition Capital. Mozaic has raised more than … [Read more...]
Your pitch deck needs to be machine-readable
A while ago, I built a tool that uses AI to give feedback on hundreds of pitch decks. Every morning, I skim through the pitch deck reviews my little ‘bot makes without really looking at the decks. Every now and again, it’s stratospherically effusive in its praise, and I brace myself: What if the deck isn’t that good? To my relief, it usually gets it right. Similarly, sometimes it completely … [Read more...]
PhysicsX emerges from stealth with $32M for AI to power engineering simulations
A lot of the buzz these days in artificial intelligence is around generative AI and how AI is being used to accelerate software and products for consumers. Today, a AI startup called PhysicsX, co-founded by two theoretical physicists — including a Formula One engineering superstar — is emerging from stealth with a very specific focus on building and operating physical systems in the enterprise … [Read more...]
After two ambitious years, TikTok parent ByteDance starts mass layoffs in gaming
ByteDance’s gaming ambition has been an expensive, short-lived pursuit. In late 2021, the TikTok parent’s plans for video games came into the spotlight after it became one of the firm’s six core business units, posing a new threat to incumbents such as Tencent and NetEase and rising star MiHoYo. Nonetheless, after two years of tepid performance, the gaming department, called Nuverse, is … [Read more...]
Byju’s taps Jiny Thattil as CTO following departure of Anil Goel
Anil Goel, the CTO of Byju’s, is leaving the edtech giant, he informed some colleagues amid a broader restructuring at the Bengaluru-headquartered startup as it looks to pare down costs and unify many of its businesses. Jiny Thattil is replacing Goel as the CTO, according to an internal communication. Goel, a former Amazon executive, was one of the highest paid CTOs in the country, according to … [Read more...]
India’s EMotorad rides high with $20M investment for global e-bike push
EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5 million in total funding, with Singapore’s Panthera Growth Partners leading the latest round, along with participation from Alteria Capital, xto10x … [Read more...]
A new Vogt-less era takes shape at Cruise and battery material mining gets a boost
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Happy Thanksgiving to our readers. We’re grateful here … [Read more...]
Refections on Web Summit: Out of the frying pan, and out of the fire?
“What controversy?” said the journalist from a global mainstream television outlet to me at the Web Summit Media Dinner, earlier this month in Lisbon. For all the heat and light, the gnashing of teeth, the tearing of clothes and the clutching of pearls, the big technology conference had seemingly managed to pull itself out of the fire. After the deeply divisive public statements against Israel … [Read more...]
TC Startup Battlefield master class with Blumberg Capital: Make the most of your investors’ expertise
Funding is a necessary part of growing and scaling your startup. However, investors can do more than just provide funding for your company; many VCs are highly experienced and can provide valuable insights and tips on running a business. Every year, TechCrunch highlights the most promising 200 early-stage founders from around the world to showcase at TechCrunch Disrupt in San Francisco. As part of … [Read more...]
What startup founders need to know about AI heading into 2024
Now that the OpenAI leadership saga has died down, startup founders building with AI can get back to work building the future. If that’s you, TechCrunch+ has a pile of notes, opinion pieces and forward-looking stories with your name on them. Sure, TechCrunch+ is a lot more than AI-related coverage, but we are also going as deep as possible on artificial intelligence because everyone is building … [Read more...]
Sam Altman returns to OpenAI, Apple adopts RCS, and Binance’s CEO pleads guilty to charges
Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular recap of the past few days in tech. The headlines have been dominated — nay, overwhelmed — by the drama unfolding at AI startup OpenAI, but plenty else happened in the half-week leading up to Thanksgiving. So much for a sleepy pre-holiday! In this edition of WiR, besides the OpenAI saga, we cover Apple finally bringing RCS to … [Read more...]
Black Friday online buying hits a record $9.8B in the US, $70.9B globally
A rush of deep discounts and the growth of flexible payment options were the drivers behind $9.8 billion in online sales in the U.S. on Black Friday — a record figure for the day. According to Adobe Analytics, sales were up by 7.5% on last year’s numbers (you can see those here). Sales easily surpassed Thanksgiving figures and growth rate, as well as Adobe’s own predictions for the day. On … [Read more...]
Neuralink, Elon Musk’s brain implant startup, quietly raises an additional $43M
Neuralink, the Elon Musk-founded company developing implantable chips that can read brain waves, has raised an additional $43 million in venture capital, according to a filing with the SEC. The filing published this week shows the company increased its previous tranche, led by Peter Thiel’s Founders Fund, from $280 million to $323 million in early August. Thirty-two investors participated, … [Read more...]
The fate of US venture capital in China teeters on uncertainty
On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. Since China reopened its border this spring after three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking to the Bay Area. These trips weren’t unusual before the pandemic, but they now serve a … [Read more...]
Adobe: Thanksgiving US online sales nudge up to $5.6B; Salesforce: $31.7B spent globally
Thanksgiving Thursday, when stores in the U.S. are closed and many are spending time off work, has become the de facto start of the holiday shopping season both for those looking to bargains online, and for online retailers to kick off holiday sales deals to meet that demand. But if there is a message from this year’s Thanksgiving sales, it is that consumers are holding steady, but don’t hold your … [Read more...]
Startups should consider hiring fractional AI officers
Raphael Ouzan Contributor Raphael Ouzan is the founder and CEO of A.Team, a future-of-work company pioneering the world’s first AI-enabled team formation platform. More posts by this contributor A Developer’s Guide To The Wild West Of App Discovery The AI skills gap is real. A recent study from Randstad, the recruitment company, found that job … [Read more...]
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