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On today’s quarterly earnings call, Meta founder and CEO Mark Zuckerberg was on the defensive when it comes to the company’s investment in the metaverse. Once again, the company lost over $3 billion dollars to its Reality Labs division this quarter, and Meta’s net income took a big hit. Since rebranding from Facebook to Meta, […] Y’all really made Mark Zuckerberg defend himself to investors because of your memes by Amanda Silberling 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: After buying Twitter, will Musk bite back at Apple’s in-app purchase fees? by Christine Hall originally published on TechCrunch... →

A follow-up to the Quest 2, Meta is launching another consumer grade virtual reality headset next year. The company announced this during today’s Q3 earnings call, in which the company marked yet another $3 billion quarterly loss to its metaverse investments. But CFO David Wehner says that some of this continued cost can be explained […] Meta will release a new consumer grade VR headset next year by Amanda Silberling originally published on TechCrunch... →

As the third-quarter earnings drumbeat continues, we learned more about the state of global supply chains, global consumer appetite for big-ticket items and the future of self-driving technology. After the bell this afternoon, Ford beat Wall Street analyst revenue estimates of $36.25 billion, per Yahoo Finance, with automotive Q3 2022 top line of $37.2 billion, […] Ford takes $2.7B hit on Argo shutdown, shifts its bet to driver assist tech by Rebecca Bellan originally published on TechCrunch... →

Earlier this year, Meta posted its first quarterly revenue decline. Once again, Meta’s financials aren’t inspiring much faith in its investors this quarter. Meta’s revenue declined 4% year over year to hit 27.7 billion; but Meta CFO David Wehner pointed out on the earnings call today that some of this decline is owed to inflation. […] Meta posts another revenue decline as investors voice metaverse concerns by Amanda Silberling originally published on TechCrunch... →

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In tech, emerging trends usually elicit excitement and surprise, whether it’s the hot new sector that every venture capitalist is clamoring for a stake in, or the rise of a new technology you haven’t heard of. Until you only hear of it. This year, however, one of the biggest trends to form inside tech was […] The tide is shifting on tech’s layoff wave. Kind of. by Natasha Mascarenhas originally published on TechCrunch... →

Having noticed tailwinds for B2B startups that offer cloud cost-optimization solutions, we were curious to know where VCs thought the space was headed. Beyond cost control: Where cloud management is going next by Anna Heim 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. A new zero click Google study puts it only at 25%...... →

Tesla is said to be facing a criminal investigation launched by the U.S. Department of Justice facing claims made by the company regarding its ‘Autopilot’ capabilities, Reuters reports, citing “three people familiar with the matter.” The inquiry was launched last year per the sources, and was initiated following over a dozen accidents involving the active […] Tesla said to face criminal investigation by the Department of Justice over self-driving claims by Darrell Etherington originally published on TechCru... →

Планирует ли компания что-то с этим делать, неясно.... →

Amazon has quietly mothballed its pledge to stop supporting politicians who refused to certify the 2020 election. The company, like many, said it would suspend donations to those who participated in “the unacceptable attempt to undermine a legitimate democratic process.” 21 months later, however, it has changed its tune — just in time for midterms. […] Amazon resumes donations to some 2020 election deniers, just in time for midterms by Devin Coldewey originally published on TechCrunch... →

Shortly after changing his bio to “Chief Twit,” Elon Musk posted a video of himself walking into Twitter’s San Francisco headquarters. “Entering Twitter HQ — let that sink in!” he wrote. The video depicted him walking into the office holding a sink, referencing a years-old, stale meme, as is par for the course with him. […] The end is (maybe) near: Elon Musk is at Twitter HQ by Amanda Silberling originally published on TechCrunch... →

Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down — its parts being absorbed into its two main backers: Ford and VW, according to people familiar with the matter. During an all-hands meeting Wednesday, Argo AI employees were told that some people […] Ford, VW-backed Argo AI is shutting down by Kirsten Korosec originally published on TechCrunch... →

It’s been four years to the day since Microsoft closed its acquisition of GitHub, which at the time was mostly a code repository. Today’s GitHub looks quite a bit different, now that it added CI/CD tools with GitHub Actions and Codespaces as an online editor and compute platform, as well as various security tools and […] Four years after being acquired by Microsoft, GitHub keeps doing its thing by Frederic Lardinois originally published on TechCrunch... →

Elon Musk’s on-again off-again plan to buy Twitter is on track to culminate in the billionaire taking control of the company this week. Musk is expected to close the deal by Friday, October 28, putting him officially in charge of one of the most prominent social networks in the world. Musk reportedly informed bankers of […] Elon Musk’s Twitter deal has to close by Friday or the trial is back on by Taylor Hatmaker originally published on TechCrunch... →

Компания хочет оценить спрос, проведя эксперимент в ресторане в московском аэропорту Внуково.... →

While ClimateTech may be all the rage right now – and for good reasons – new VC Paris-based firm Satgana (which means “a good company” in Sanskrit) is hoping its take on the subject will gain traction. It’s now completed the first closing of a target €30m fund to back startups in areas such as […] New Paris-based VC Satgana completes the first close of its €30M fund to back ClimateTech startups by Mike Butcher originally published on TechCrunch... →

Given the ever-changing state of the world's economy this year, the information that Big Tech earnings provide is even more important than usual. Big Tech falls short in the first salvos of the Q3 earnings cycle by Alex Wilhelm originally published on TechCrunch... →

Friends, Romans, countrymen, lend me your ears: the best thing on the internet (sort of hyperbole, but not really) is soon to return to a web browser and/or mobile app near you! An absurdist Baseball simulator with an explosively creative fan base, Blaseball has been on hiatus for over a year. The team behind Blaseball, […] At last! Blaseball is coming back for Fall Ball by Amanda Silberling originally published on TechCrunch... →