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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: In its second markdown in 4 months, Invesco slashes Swiggy’s valuation to $5.5B by Christine Hall originally published on TechCrunch... →

In this issue: Environmentalists sue over Starship; Nuview's plan to make a 3D map of the world; News from Maxar, and more Max Q: A lawsuit? Over Starship? I’m shocked by Aria Alamalhodaei originally published on TechCrunch... →

Tesla CEO Elon Musk has laid out a rough plan for expanding access to Full Self-Driving (FSD), the company’s advanced driver assistance system (ADAS), throughout North America and the rest of the world. “Once FSD is super smooth (not just safe), we will roll out a free month trial for all cars in North America,” […] Elon Musk teases free Tesla FSD trial in North America by Rebecca Bellan originally published on TechCrunch... →

Lucid’s first quarter results showed a company with widening losses and revenue that failed to meet Wall Street expectations, results that sent shares tumbling as investors worried about demand for its luxury Air sedan. Lucid shares dropped more than 9% in after-hours trading as investors reacted to the dismal first-quarter earnings. Shares have since recovered […] EV maker Lucid misses on revenue, earnings in Q1 by Kirsten Korosec originally published on TechCrunch... →

Casey Handmer is not intimidated by very large quantities. Trillions of acres. Thousands of gigawatts of solar power. A billion metric tons of carbon. His startup, Terraform Industries, aims to operate at these ambitious scales. The company wants to turn hydrogen and atmospheric carbon into synthetic natural gas at scale. It’s more than a little […] Terraform Industries wants to solve climate change by making more hydrocarbons by Aria Alamalhodaei originally published on TechCrunch... →

Time is relentless and, right now, it’s no friend to procrastination-prone early-stage startup founders. The application window for Startup Battlefield 200 (SB 200) at TechCrunch Disrupt 2023 slams shut in just one week. Can you afford to miss this potentially life-changing opportunity? We think not. Startup Battlefield 200 applications close in 7 days The elite […] One week left: Apply to TC Disrupt Startup Battlefield 200 by Lauren Simonds originally published on TechCrunch... →

Here is a recap of what happened in the search forums today, through the eyes of the Search Engine Roundtable and other search forums on the web. With Google I/O around the concern...... →

“The medium is the message” is the common phrase, but entrepreneur Alexis Traina believes that messages, themselves – text messages to be exact – deserve attention, too. Traina is the CEO and co-founder of HiNOTE, an app that helps people create messages, set over personalized backdrops of anything from a tipped-over wine glass to a […] This app, backed by Marissa Mayer and Peter Thiel, is making texts more expressive by Natasha Mascarenhas originally published on TechCrunch... →

Synthetic speech can be a fearful object these days when paired with deepfakes and other AI deceptions, but it’s also an indispensable tool for anyone who can no longer speak on their own. Acapela Group has these folks squarely in mind with its new “my own voice” service, which lets anyone train an AI voice […] Acapela lets anyone back up their own voice for free in minutes — just in case by Devin Coldewey originally published on TechCrunch... →

Conferences and other in-person events rushing to impose facial recognition on attendees in Europe without doing the necessary due diligence over data protection risks beware: The organizers of the global connectivity industry shindig, Mobile World Congress (MWC), which takes place annually in Barcelona, have been fined €200,000 (~$224k) by Spain’s data protection watchdog over a […] MWC’s organizer slapped with GDPR fine over biometrics ID checks due diligence by Natasha Lomas originally published on TechC... →

Первый пилотируемый запуск компания провела в 2021 году.... →

A number of brand-name mainstream financial institutions have been rolling out new crypto products and services in an attempt to make the space more accessible. Mastercard, PayPal and Robinhood dive deeper into crypto as industry shows ‘promise’ by Jacquelyn Melinek originally published on TechCrunch... →

We can all agree that data brokers are creepy and bad, and that in this age they have feasted upon our personal information like never before. Opting out is hard enough — which is why Optery is there to help — but as the data economy continues to evolve, we may want a more proactive […] Optery using its new funding to evolve from data broker opt-outs to personal info platform by Devin Coldewey originally published on TechCrunch... →

Crackdowns on the smuggling of U.S. technology in support of Russia’s war effort has wider implications for the tech industry. Western sanctions against Russia: Tips for tech companies managing compliance risk by Walter Thompson originally published on TechCrunch... →

Hollywood's writers already had a mechanism in place to rebuff what they consider to be unfair changes to their compensation and employment. Tech workers don't have that muscle. Tech workers could take labor lessons from Hollywood’s writers by Alex Wilhelm originally published on TechCrunch... →

Electric boats are still a rarity on America’s waterways, but everyone seems to agree they represent a cleaner, quieter future for our lakes, rivers, and coastal waters. Navier has moved impressively quickly from idea to prototype to production boat, and the startup is now touring the west coast, winning admirers in high places who hope […] Navier’s hydrofoiling electric cruises west coast waterways to line up first pilot programs by Devin Coldewey originally published on TechCrunch... →

Twitter is purging inactive accounts on its platform, which may free up a number of long-coveted usernames, according to recent tweets by owner Elon Musk. Though Twitter for years has promised to put more usernames back into rotation, it hadn’t yet made any large-scale effort to do so, despite having an inactive account policy in […] Elon Musk says Twitter is purging old accounts, freeing up desired usernames by Sarah Perez originally published on TechCrunch... →

Amazon announced Monday the launch of its new unit Amazon MGM Studios Distribution, which will allow the company to license Amazon Originals and other titles to third-party media companies, which could include streaming services (free, ad-supported or subscription), cable TV as well as pay TV distribution. For the first time, titles such as “The Marvelous […] Amazon to license original series and movies to other media companies by Lauren Forristal originally published on TechCrunch... →

Music streaming platform SoundCloud is today launching a new tool to let artists engage with their fans better. The new product, conveniently called Fans, lets artists direct message their followers and sort their listeners through different engagement measures. SoundCloud said that Fans product was available to 10,000 artists and now will this beta release it […] SoundCloud debuts a fan engagement tool for artists by Ivan Mehta originally published on TechCrunch... →

Let's examine when to start measuring diminishing returns and how to use a simple regression analysis to find optimal spending leve Are you spending too much on paid acquisition? by Walter Thompson originally published on TechCrunch... →