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02:48 09.08.2023

BlueJeans folds

Verizon dropped hundreds on millions on BlueJeans at the height of pandemic lockdowns. Three years and some change later, the lesser-known video-conferencing app is done for. In a mass email to users, Verizon said today that it “made the difficult decision to sunset our suite of BlueJeans products,” 9to5Google first reported. Verizon added that it […]... →

501 techcrunch.com

02:45 09.08.2023

Singapore wealth management platform Endowus raises $35M

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding. Now two years later, despite a much […]... →

616 techcrunch.com

01:25 09.08.2023

WeWork goes from a $47B valuation to ‘subtantial doubts’ about its ‘ability to continue as a going concern’

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now and with so many companies abandoning office space and more people being […]... →

411 techcrunch.com

00:46 09.08.2023

Lyft wants to kill surge pricing

Lyft has been cutting fares in order to secure more riders, and it’s working. Bu that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in revenue per active rider. That discrepancy was fueled by a decision by the company to […]... →

412 techcrunch.com

00:40 09.08.2023

Human toddlers are inspiring new approaches to robot learning

It’s an exciting time for robotic learning. Organizations have spent decades building complex datasets and pioneering different ways to teach systems to perform new tasks. It seems we’re on the cusp of some real breakthroughs when it comes to deploying technology that can adapt and learn on the fly. The past year, we’ve seen a […]... →

413 techcrunch.com

00:29 09.08.2023

Lyft shares pop, then plop, as it predicts slow and steady growth

Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains shortly before this story went live. Lyft’s enthusiastic investors seemed […]... →

421 techcrunch.com

23:56 08.08.2023

So your startup’s runway is dwindling and fundraising is hard. What’s next?

What should startups do when their runway is ending, investors are disappearing, and options for more capital dwindle?... →

572 techcrunch.com

23:22 08.08.2023

Rivian beats on Q2 revenue, raises EV production guidance for 2023

Rivian gained positive momentum in the second-quarter and beat Wall Street expectations as the company ramped up EV sales, narrowed losses, reduced costs and shored up its supply chain. Rivian struck a confident tone in its second-quarter earnings, which was released after markets closed Tuesday, even raising its production guidance for the year from 50,000 […]... →

641 techcrunch.com

23:00 08.08.2023

Daily Search Forum Recap: August 8, 2023

Here is a recap of what happened in the search forums today...... →

383 seroundtable.com

22:52 08.08.2023

Kenyan logistics startup Sendy shuts down, embarks on asset sale

Sendy, a Kenyan logistics scale-up that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCrunch has learned. Meshack Alloys, Sendy co-founder, confirmed the sale to TechCrunch without offering more details, saying: “We are in the middle of an acquisition process. […]... →

546 techcrunch.com

22:30 08.08.2023

YouTube no longer suggests videos if your ‘watch history’ is turned off

YouTube announced Tuesday that its newest update disables all its video recommendations for users who have their watch history turned off, solving an arguably annoying problem for those who may not want to be bothered by a sea of suggested videos. YouTube viewers are used to having a home feed full of thumbnails since the […]... →

890 techcrunch.com

22:07 08.08.2023

Firefly debuts Elytra orbital transfer vehicle line, with first mission planned for 2024

Firefly Aerospace debuted a line of orbital vehicles called Elytra on Tuesday, as it looks to become an end-to-end mission services provider for commercial and government customers. The first Elytra will fly on a Firefly Alpha rocket in 2024, part of a rapid-response mission contract with Texas-based startup Xtenti for the National Reconnaissance Office (NRO). […]... →

544 techcrunch.com

22:01 08.08.2023

Google’s Messages app will now use RCS by default and encrypt group chats

Google announced today it’s making its Messages by Google app more secure with improvements to RCS, or Rich Communication Services — a protocol aimed at replacing SMS and is more on par with the advanced features found in Apple’s iMessage. The company says it will now make RCS the default for both new and existing […]... →

763 techcrunch.com

22:00 08.08.2023

Kickstarter’s CEO eyes the future of crowdfunding at TechCrunch Disrupt 2023

It wasn’t the first, but for more than 10 years, Kickstarter has been synonymous with crowdfunding. We’re excited to announce that CEO Everette Taylor will join us on the Hardware Stage, September 21, at TechCrunch Disrupt 2023. In a session called “Crowdfunding the Future,” we’ll discuss Taylor’s vision for the company. Crowdfunding itself may be […]... →

387 techcrunch.com

21:24 08.08.2023

5 lessons robotics founders can learn from the AV industry

We've identified five lessons that the next generation of robotics founders can take from the successes and failures of the AV industry.... →

353 techcrunch.com

20:54 08.08.2023

Nvidia CEO: We bet the farm on AI and no one knew it

Nvidia founder and CEO Jensen Huang said today that the company had made an existential business decision in 2018 that few realized would redefine its future, and help redefine an evolving industry. It’s paid off enormously, of course, but Huang said this is only the beginning of an AI-powered near future — a future powered […]... →

309 techcrunch.com

20:27 08.08.2023

Cruise inches into Waymo’s territory in the Phoenix area

Cruise, the self-driving subsidiary of General Motors, has expanded its robotaxi radius in the Phoenix area by 20x as it seeks to compete with Alphabet-owned Waymo in its home court. Cruise soft-launched its robotaxi service in Chandler, a city southeast of Phoenix, in December 2022. The expanded arena will now include Tempe and Scottsdale, according […]... →

313 techcrunch.com

20:00 08.08.2023

TechCrunch+ Roundup: How VCs spot liars, venture debt basics, getting legal help (without going broke)

Hot takes will not help your startup gain media traction. Reporters are looking for actual expertise and opinions supported by facts and experience.... →

447 techcrunch.com

20:00 08.08.2023

Google launches Project IDX, a new AI-enabled browser-based development environment

Google today announced the launch of Project IDX, its foray into offering an AI-enabled browser-based development environment for building full-stack web and multiplatform apps. It currently supports frameworks like Angular, Flutter, Next.js, React, Svelte and Vue, and languages like JavaScript and Dart, with support for Python, Go and others in the works. Google did not […]... →

668 techcrunch.com

19:40 08.08.2023

Sling TV struggles to keep subscribers, drops nearly 100K users in Q2

It appears that Sling TV is still in hot water as it continues to experience subscriber churn. Parent company DISH reported its Q2 2023 earnings results on Tuesday, revealing a loss of 97,000 Sling TV subscribers. In retrospect, this is a slight improvement from the whopping 234,000 customers who left the service in Q1. However, […]... →

304 techcrunch.com

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