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The all-electric Volkswagen ID 7 sedan — the next EV in the German automaker’s lineup — was unveiled Tuesday at CES 2023 in Las Vegas. And the most exciting part of the debut wasn’t the vehicle’s multi-layered explosion of yellow, orange, red and blue camouflaged electroluminescent paint that lights up on command. (although it is […] The Volkswagen all-electric ID 7 sedan’s most interesting feature isn’t its light-up paint by Kirsten Korosec originally published on TechCrunch... →

Amazon has secured an $8 billion loan in anticipation of market headwinds. Provided by DBS Bank, Mizuho Bank and others, the loan — which will mature in 364 days (January 3, 2024), with an option to extend for another 364 days — will be used for “general corporate purposes,” Amazon said in a filing with […] Amazon secures $8B loan, anticipating market headwinds by Kyle Wiggers originally published on TechCrunch... →

During the lull between last Christmas and New Year’s, New York State became one of the first in the country to enact a “right to repair” law — albeit with amended language that some advocates say make the law toothless. Called the Digital Fair Repair Act and set to go into effect on July 1, […] New York’s right-to-repair bill has major carve-outs for manufacturers by Kyle Wiggers originally published on TechCrunch... →

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: Reddit users discover Apple is raising its battery replacement service fees by Christine Hall originally published on TechCrunch... →

At the start of the year, a new law went into effect in Louisiana, which requires online publishers to conduct age verification checks if their site’s content is more than 33.3% pornography. In accordance with this law, Pornhub now requires visitors to verify their age with the LA Wallet app, a digital wallet for Louisiana […] You must now verify your drivers license to watch Pornhub in Louisiana by Amanda Silberling 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...... →

Welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. As promised, I’m taking over Equity Monday for the beginning of this year as Alex is out on paternity leave. Big hugs to his growing family! We’re starting the year with big post-PTO energy, because […] Remember how this whole working thing works? by Natasha Mascarenhas originally published on TechCrunch... →

The majority of capital that did flow into Israel's cybersecurity industry poured directly into one area: seed rounds of early-stage startups. How well did Israel’s cybersecurity industry do in 2022? by Walter Thompson originally published on TechCrunch... →

The FTX founder and former CEO Sam Bankman-Fried has pleaded not guilty to all eight counts of U.S. criminal charges on Tuesday. Bankman-Fried appeared before a judge in the U.S. District Court in New York City on Tuesday with his lawyers, Mark Cohen and Christian Everdell. Criminal charges against the 30-year-old former billionaire include wire […] FTX former CEO SBF pleads not guilty to U.S. criminal charges by Jacquelyn Melinek originally published on TechCrunch... →

At ZeniMax, a Microsoft-owned gaming studio, 300 quality assurance (QA) testers have voted to unionize. This marks Microsoft’s first official union in the U.S., as well as the biggest gaming union in the country. Union organizing has been on the rise in the video game industry, particularly among QA workers. In 2022, QA testers at […] Microsoft now has its first official union in the U.S. by Amanda Silberling originally published on TechCrunch... →

Welcome back to Found, where we get the stories behind the startups. This week Darrell and Becca are joined by Brex co-founder and co-CEO Henrique Dubugras to chat about his corporate credit card and expense management startup. Henrique talked about what made him and his co-founder (Pedro Franceschi) decide to launch the company and why […] Two CEOs is better than one with Henrique Dubugras from Brex by Rebecca Szkutak originally published on TechCrunch... →

The Housing Authority of the City of Los Angeles, or HACLA, has confirmed it is investigating a cybersecurity incident shortly after the LockBit ransomware gang claimed responsibility for a cyberattack on the agency. HACLA, which provides affordable housing to more than 19,000 low-income families across Los Angeles, was added to LockBit’s dark web leak site on […] Hackers claim ransomware attack on Los Angeles housing authority by Carly Page originally published on TechCrunch... →

With so much dry powder, what are Union Square Ventures' plans for deployment? Here’s what USV plans to do in 2023 with its $200M climate fund by Tim De Chant originally published on TechCrunch... →

Intel is taking a more subdued approach to CES these days — forgoing a splashy event staged in a big hotel showroom in the wake of Covid-19, and a wider change in PR strategy after years of making bullish investments in next-generation tech like drones and moonshots like Volocopter and using them as showpieces at […] Intel unveils high-end 13th-gen 24-core processors plus N-series workhorse to fill the the Pentium and Celeron gap by Ingrid Lunden originally published on TechCrunch... →

Everyone gets wet when it rains, but accepting a down round allows founders to keep building their businesses. TechCrunch+ roundup: Normalizing down rounds, 2023 climate trends, term sheet basics by Walter Thompson originally published on TechCrunch... →

As readers know, we have fun with headlines on this site. But clearly, so do all of you. As part of our end of the year coverage, the Equity podcast team asked listeners to write a headline that represents 2022 in tech. Listeners showed up, with the brutal, the real and the holy-moly-yes-that-happened-this-year-how-could-you-forget. Our recap […] Here’s how you described the tech industry’s 2022 in a headline by Natasha Mascarenhas originally published on TechCrunch... →

Nvidia announced some new features for its cloud gaming service during its virtual CES press conference. The company is upgrading its premium plan by adding new servers with better hardware components. Users on the $19.99 plan should expect better performance for more demanding games. The company is now using GeForce RTX 4080-class graphics processing units […] Nvidia upgrades GeForce Now with RTX 4080 performance for premium users by Romain Dillet originally published on TechCrunch... →

It's critical for due diligence providers to analyze a company's business segments and product lines to identify the range of its exposure to potential issues. 3 ways PE firms can ensure relevant due diligence for M&A targets ahead of a recession by Ram Iyer originally published on TechCrunch... →

Taiwanese manufacturer Foxconn and Nvidia announced Tuesday ahead of CES 2023 a partnership to develop automated and autonomous vehicle platforms. Under the two-part partnership, Foxconn will become a primary supplier of electronic control units for automakers. Those ECUs, which are an essential component for all modern vehicles, will be built with Nvidia’s Drive Orin system-on-a-chip […] Foxconn’s EVs will be built with Nvidia’s self-driving toolkit by Rebecca Bellan originally published on TechCrunch... →

Mercedes Benz is joining the metaverse. Or at least its assembly facilities are. The automaker is one of Nvidia’s latest customers to use Omniverse Enterprise, a software platform used to  build and operate metaverse applications. Nvidia said Tuesday ahead of the official kickoff of CES 2023 that Mercedes will use Omniverse to design, plan and […] Mercedes to use Nvidia’s digital twin tech to modernize its factories by Rebecca Bellan originally published on TechCrunch... →