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Struggling electric vehicle company Arrival has secured a $300 million lifeline to help it stay in business into late 2023, but no later. The company is seeking additional dedicated funds to develop its XL delivery vans for the U.S. market and start production in Charlotte, North Carolina by 2024. Arrival announced the $300 million equity […] Arrival nabs $300M lifeline, but is still seeking more funds by Rebecca Bellan originally published on TechCrunch... →

A fair valuation that feels good to both the founder and investor will lead to a partnership in which both sides win. Finding your startup’s valuation: An angel investor explains how by Ram Iyer originally published on TechCrunch... →

Система рекомендаций материалов от блоггеров и СМИ "Пульс", созданная в Mail.ru Group, изначально выглядела не слишком жизнеспособной, а теперь станет частью "Дзена". .... →

SpaceX and T-Mobile will begin testing a new service to bring satellite connectivity to cell phones this year, a SpaceX executive said. The news, first reported by CNBC, suggests that we may be close to a future where cellular “dead zones” are a thing of the past. SpaceX and T-Mobile announced the partnership last August, […] Starlink and T-Mobile’s sat-to-cell service will start testing this year by Aria Alamalhodaei 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: HSBC buys Silicon Valley Bank UK, says ‘customers should not notice any changes’ by Haje Jan Kamps originally published on TechCrunch... →

In this issue: Relativity scrubs first Terran 1 launch attempt; claims of age discrimination in hiring at Blue Origin; news from Starfish Space and more Max Q: Have luck and good fun by Aria Alamalhodaei originally published on TechCrunch... →

Looks like Meta is NGMI, as some might put it. Meta’s head of commerce and financial technologies Stephane Kasriel posted on Twitter that the company will sunset its NFT and digital collectibles features on Instagram and Facebook. This short-lived product only began testing with select Instagram creators last May, plus some Facebook users in June. […] Meta winds down support for NFTs on Instagram and Facebook by Amanda Silberling originally published on TechCrunch... →

Рекламный рынок решил просто не исполнять пока новые неудобные и непонятные требования, а заодно брать за это дополнительные деньги с рекламодателей..... →

After USDC depegged from $1 last week, many are questioning whether SVB’s collapse has bigger implications on the stablecoin ecosystem SVB’s mess could become stablecoins’ problem by Jacquelyn Melinek originally published on TechCrunch... →

Y Combinator will be writing less checks toward late-stage companies, a scale back that also cost 17 team members – or roughly 20% of the accelerator’s employees – their jobs, according to a statement released on Monday. The accelerator told TechCrunch that Silicon Valley Bank’s failure was not a factor and that they have been […] Y Combinator cuts nearly 20% of staff, scales back growth stage investments by Natasha Mascarenhas originally published on TechCrunch... →

Spotify has bigger plans for the technology behind its new AI DJ feature after seeing positive consumer reaction to the new feature.  Launched just ahead of the company’s Stream On event in L.A. last week, the AI DJ curates a personalized selection of music combined with spoken commentary delivered in a realistic-sounding, AI-generated voice. But […] Spotify’s new ‘DJ’ feature is the first step into the streamer’s AI-powered future by Sarah Perez originally published on TechCrunch... →

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

Volkswagen Group and its battery company PowerCo have picked Canada for its first overseas battery cell factory. The plant, located in St. Thomas, Ontario, will produce battery cells beginning in 2027, according to the German automaker. PowerCo, a VW company that launched in July 2022, will handle the automaker’s global battery business including sourcing raw […] Volkswagen and PowerCo to build North American battery factory in Canada by Kirsten Korosec originally published on TechCrunch... →

Stop me if you’ve heard this one before: Apple is building a mixed reality headset that’s set to ship this year. The company’s MR (AR+VR) hardware ranks among its longest-lasting rumor cycles. Some (Apple Watch) have borne fruit. Others (that pesky Apple TV set) not so much. The category doesn’t feel like a foregone conclusion […] Apple’s AR/VR headset reportedly being pushed out due to ‘huge pressure to ship’ by Brian Heater originally published on TechCrunch... →

WeRide.ai, one of the most funded Chinese robotaxi operators, has confidentially filed to go public in the U.S., Bloomberg reported on Monday. China’s autonomous driving startups have been racking up hefty investments in the past few years to fuel their technology development and fleet deployment, which can take up a big chunk of their costs. […] China’s robotaxi upstart WeRide confidentially files for IPO: Bloomberg by Rita Liao originally published on TechCrunch... →

While it's unclear what the future will hold, funds near maturation were actually doing pretty well so far. Despite 2022’s volatility, VC funds performed better than you think by Rebecca Szkutak originally published on TechCrunch... →

Porsche said Monday it will add a full-sized all-electric SUV to its lineup — slotting above several other upcoming EVs — as part of its goal for 80% of all new sales to be EVs by 2030. Porsche didn’t share many details about the all-electric SUV, including its name, price point or specific production date. The […] Porsche adds all-electric flagship SUV to its growing EV lineup by Kirsten Korosec originally published on TechCrunch... →

As the situation is starting to solidify around Silicon Valley Bank, many international companies that interacted in one way or another with the regional U.S. bank are now trying to understand the implications of the bank failure. Regulators in Canada and Germany have decided to freeze Silicon Valley Bank’s branches in these respective countries — […] Some international regulators froze assets of local SVB branches by Romain Dillet originally published on TechCrunch... →

Amazon launched today its new interactive NCAA bracket feature on Fire TV, giving users the ability to create a bracket and track their progress throughout the March Madness tournament. Fire TV users can find the feature via the new dedicated March Madness hub on the home screen or by saying “Alexa, fill my bracket.” They […] Fire TV users can fill out NCAA brackets with the new March Madness feature by Lauren Forristal originally published on TechCrunch... →

Mercury, a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product in the wake of Silicon Valley Bank’s collapse. That’s 12x the industry standard for institutions of $250,000 in FDIC insurance that other institutions offer. Immad Akhund, CEO and co-founder of […] Mercury expands FDIC insurance up to $3M through new Vault product by Mary Ann Azevedo originally published on TechCrunch... →