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Snapchat now has more than 2 million paid subscribers | Ivan Mehta | 2,023 | 1 | 31 | Snapchat has on its Snapchat+ program, the company said during its latest earnings report. Snap noted that the paid plan, which costs $3.99 a month, is a part of “diversifying” its revenue pipelines. The social network first launched in June 2022 in countries like the U.S., Canada, the U.K., France, Germany, Austra... |
Peacock kills its free tier option for new customers | Aisha Malik | 2,023 | 1 | 31 | Peacock is no longer offering its free tier to new customers, a spokesperson for NBCUniversal confirmed to TechCrunch on Tuesday. The company says it’s shifting its focus to its Premium offering and that doing so will allow the streaming service to remain competitive in the marketplace. The change was first reported by... |
OpenAI releases tool to detect AI-generated text, including from ChatGPT | Kyle Wiggers | 2,023 | 1 | 31 | After telegraphing the move in , OpenAI has a tool that attempts to distinguish between human-written and AI-generated text — like the text produced by the company’s own and models. The classifier isn’t particularly accurate — its success rate is around 26%, OpenAI notes — but OpenAI argues that it, when used in... |
Energy X secures $20M at $120M valuation to slash building sector emissions | Kate Park | 2,023 | 1 | 31 | , — Energy X was founded in 2019 by co-CEOs Sean Park and Tom Hong. That’s when the duo pivoted from their first startup — a sustainable architecture crowdfunding platform, called Xquare. “Most building owners are not experts in building management, and they don’t know how to use it because building energy manageme... |
Egyptian financial services provider MNT-Halan valued at $1B in $400M funding | Tage Kene-Okafor | 2,023 | 1 | 31 | Egyptian fintech and e-commerce ecosystem has raised up to $400 million in equity and debt financing from local and global investors as it continues to serve underbanked and unbanked customers in the North African country. The round includes $260 million in equity financing and $140 million through two securitized bo... |
Daily Crunch: Cell network provider Google Fi confirms customer data breach | Christine Hall | 2,023 | 1 | 31 | As January is coming to a close, the TechCrunch team is firing on all cylinders (do we still say that, in a time of electric cars? What is a better expression these days?), with a wall of amazing content for you to download straight into your brain. We’ve picked the cream of the crop, even as we are further confused as... |
Tesla records $204M loss from bitcoin in 2022 | Rebecca Bellan | 2,023 | 1 | 31 | Tesla recorded a $204 million impairment loss in 2022 on its bitcoin holdings, according to regulatory . The loss was offset by $64 million in profits from bitcoin trading, leaving the automaker with a net loss of $140 million. during the first quarter of 2021, stating that it believed in the longevity of the cryptoc... |
DOJ requests Autopilot, FSD documents from Tesla | Rebecca Bellan | 2,023 | 1 | 31 | The U.S. Department of Justice has asked Tesla for documents related to its branded Full Self-Driving and Autopilot advanced driver-assistance systems, the automaker disclosed in a securities filing. Tesla said it “has received requests from the DOJ for documents related to Tesla’s Autopilot and FSD features. . . . T... |
Spotify’s test of a Friends tab on mobile hints at expanded social ambitions | Sarah Perez | 2,023 | 1 | 31 | Spotify’s success with , designed for social sharing, may be pushing the company toward building more social experiences directly into its mobile app. The company for many months has been testing different iterations of a “friends activity” tab on its mobile app, and investors have now taken notice. During the streame... |
Meta starts testing ‘members-only worlds’ in Horizon Worlds | Aisha Malik | 2,023 | 1 | 31 | Meta is starting to test closed spaces called “members-only worlds” in Horizon Worlds, its social VR experience. The company has begun a limited alpha test to give creators the ability to grow and moderate their own communities. Meta has selected a small group of creators to build and obtain feedback about members-only... |
GM invests $650M in lithium mining to lock down EV raw materials | Kirsten Korosec | 2,023 | 1 | 31 | General Motors said Tuesday it will invest $650 million into Lithium Americas as part of an agreement to develop a mine in Nevada, the latest effort by the automaker to lock down a supply chain of key components needed to produce millions of EVs. The investment in raw materials for batteries is the biggest to date, acc... |
TechCrunch+ roundup: SaaS spending squeeze, tax time tips, freemium frameworks | Walter Thompson | 2,023 | 1 | 31 | If you thought egg prices were out of control, the SaaS inflation rate is outpacing the rest of the economy. In the U.S., SaaS expenses are growing 3.5x faster than market inflation. In Australia and the U.K., that rises to 5x, according to Eldar Tuvey, founder and CEO of Vertice. “If cutting SaaS costs is a top priori... |
Avoiding the pitfalls of OnlyFans with Rosie Nguyen from Fanhouse | Rebecca Szkutak | 2,023 | 1 | 31 | Welcome back to Found, where we get the stories behind the startups. This week, and catch up with , the co-founder and CCO of , a startup that helps content creators monetize their work. Rosie talked about her initial reluctance to become an entrepreneur but how issues at other content platforms pushed her to lau... |
Thrive Capital believed to be leading new multibillion-dollar investment in Stripe | Mary Ann Azevedo | 2,023 | 1 | 31 | Founded by Irish brothers John and Patrick Collison (the CEO), Stripe has raised more than $2.2 billion in funding since its 2010 inception from investors such as Allianz (via its Allianz X fund), Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital, General Catalyst, Base Partners, GV and an i... |
Precision Neuroscience is making brain implants safer, smarter and reversible | Devin Coldewey | 2,023 | 1 | 31 | Brain researchers have relied on devices called microelectrode arrays for decades, but the technology behind these tools is increasingly outdated. Precision Neuroscience is building a modern alternative that’s not only an order of magnitude better, but far less invasive to put in. With a in the bank, they’re all set ... |
Teal unwraps $8.8M to build out a telehealth platform for women — starting with cervical cancer screening | Natasha Lomas | 2,023 | 1 | 31 | Female-focused telehealth startup, , is popping up today to announce an $8.8 million seed round with a roster of heavy hitting investors on board — including (Serena Williams’) Serena Ventures, ( Metrodora Ventures, and (Laurene Powell Jobs’) Emerson Collective. The February 2020-founded San Francisco-based startup’s ... |
Superstrata e-bike review: Rebel without a cause | Taylor Hatmaker | 2,023 | 1 | 31 | specimen — there’s no two ways about it. The bike’s concept, borne out in seamless 3D-printed carbon fiber, springs from an equally strange premise. We’ll get into that. Talking to , Superstrata’s bike was crafted not out of a love of cycling, the hunt for a climate-friendly urban transportation solution or any tradi... |
Practice your startup pitch on TechCrunch Live with Benchmark and Cambly | Matt Burns | 2,023 | 1 | 31 | TechCrunch Live is back! The weekly show , and we’re excited to bring back a popular segment. Called Pitch Practice, it should be self-explanatory. Participants have a chance to practice their pitch by presenting to another founder and investor. This show’s guests are fantastic too. You want their feedback on your pit... |
Privacy assistant Jumbo tears down its paywall | Romain Dillet | 2,023 | 1 | 31 | , an app that lets you control your privacy on the web, is hitting the reset button — sort of. While the company is still focused on privacy and security, users can now download and use all features for free as the premium subscription is gone. In addition to this pricing update, Jumbo’s newest version now includes fre... |
How to cut your SaaS spending by 30% in 2023 | Eldar Tuvey | 2,023 | 1 | 31 | of affairs paints a concerning picture for SaaS buyers. Our data shows that the SaaS inflation rate is around than the general market inflation rate. Specifically, SaaS expenditure in the U.K. and Australia is currently growing at a rate five times higher than market inflation — and in the U.S., a substantial 3.5 ti... |
When to build a freemium plan and how to get it right | Konstantin Valiotti | 2,023 | 1 | 31 | users go through when using your product directly affects how the product is evaluated and how it is perceived. The business model you choose strongly influences the entire funnel, enabling or preventing you from engaging certain types of users. This article will examine whether the freemium model is right for your bu... |
What do recent changes to state taxes mean for US SaaS startups? | Ardy Esmaeili | 2,023 | 1 | 30 | a majority of businesses plan to fully adopt software as a service (SaaS) by 2025, and if the past is any indicator, that means state legislatures are working hard to capture revenue from this new sales stream. As with many U.S. laws and regulations, tax laws regarding SaaS and continue to evolve. Currently, some st... |
Peacock tops 20M subscribers in Q4 as losses widen | Lauren Forristal | 2,023 | 1 | 26 | Comcast-owned streaming service Peacock had its best quarterly result since its 2020 , adding five million paying subscribers in its to bring the total to 20 million, up from the in the previous quarter. In Q1 2021, Peacock had 9 million paid users. Peacock gets much of its success from its sports programming. The... |
Where should sales sit in product-led companies? | Anna Heim | 2,023 | 1 | 28 | Product-led sales is a model in which the product, not traditional marketing, helps companies understand who might be their next big customer. Think of a freemium dev tools company, for instance: Instead of tracking which CTO downloaded their latest white paper, they look for organizations that already have dozens of e... |
Elon Musk is being investigated by the SEC for Tesla self-driving claims, report says | Darrell Etherington | 2,023 | 1 | 27 | Tesla CEO Elon Musk is facing scrutiny by the U.S. Securities and Exchange Commission (SEC) regarding his specific comments and efforts to promote the automaker’s claims regarding its “self-driving” capabilities, . The SEC investigation into Musk is part of its overall efforts to determine whether Tesla has run afoul ... |
Tesla engineer testifies that 2016 video promoting self-driving was faked | Rebecca Bellan | 2,023 | 1 | 17 | Tesla faked a 2016 video promoting its self-driving technology, according to testimony by a senior engineer reviewed by . The video, which shows a Tesla Model X driving on urban, suburban and highway streets; stopping itself at a red light; and accelerating at a green light is still on and carries the tagline: “The ... |
T-Mobile says hacker accessed personal data of 37 million customers | Lorenzo Franceschi-Bicchierai | 2,023 | 1 | 19 | In a financial filing on Thursday, T-Mobile revealed that a hacker accessed a trove of personal data belonging to 37 million customers. The telecom giant said that the “bad actor” started stealing the data, which includes “name, billing address, email, phone number, date of birth, T-Mobile account number and informatio... |
Musk oversaw misleading 2016 video saying Tesla drove itself | Rebecca Bellan | 2,023 | 1 | 19 | Musk published a on Tesla’s website on October 19, the day before the went up, that said all Tesla cars from that day forward would ship with the hardware necessary for full self-driving capability. His emails to staff that month discussed the importance of a demonstration drive to promote the system. Musk’s direct... |
Google Fi says hackers accessed customers’ information | Carly Page | 2,023 | 1 | 31 | Google’s cell network provider has confirmed a data breach, likely related to the recent at T-Mobile, which allowed hackers to steal millions of customers’ information. In an email sent to customers on Monday, obtained by TechCrunch, Google said that the primary network provider for Google Fi recently informed the ... |
Lost your crypto amid Chapter 11 bankruptcy filings? You’re probably not getting it back | Jacquelyn Melinek | 2,023 | 1 | 31 | access to your money when the crypto firm holding your assets filed for bankruptcy, then you’re probably out of luck getting it back. As Chapter 11 bankruptcy proceedings move forward for several big-name crypto companies, those who lost funds are surely hoping to get all — or at least some — of their money back. Lawy... |
Apple HomePod (2023) review | Brian Heater | 2,023 | 1 | 31 | dark night of the . A few years back, the — and, frankly, why not? We’ve smartened our phones and watches. Why shouldn’t our homes be the next step? For decades, many looked longingly at home automation. Smart blinds that opened with your alarm clock might as well have been magic — or, at the very least, the domain... |
NetApp, a specialist in cloud data management, says it will lay off 8%, or around 960 people, citing economic climate | Ingrid Lunden | 2,023 | 1 | 31 | , one of the big players in cloud data management, today that it would lay off 8% of its staff, citing “macroeconomic challenges and the reduced spending environment” in the current market. The company is estimated to employ about 12,000 people globally, so this will work out to around 960 people impacted. NetApp sai... |
Stripper Web, a 20-year-old forum for sex workers, is shutting down. No one knows why. | Amanda Silberling | 2,023 | 1 | 31 | people on the internet who don’t want to be found. That seems to be the case for the elusive, mysterious owner of Stripperweb, a 20-year-old forum for exotic dancers and sex workers. With just one week of advance notice, the forum’s unknown owner announced that the website will shut down on February 1, erasing the dec... |
InstaDeep’s acquisition is a classic case of an African startup gone global | Tage Kene-Okafor | 2,023 | 1 | 31 | largest vaccine maker BioNTech announced that it had Tunisian-born and London-headquartered AI startup InstaDeep for up to £562 million, including a performance-tied £200 million tranche investment. InstaDeep’s deal — subject to regulatory approval and expected to close in the first half of this year — is quite intr... |
Entocycle grabs $5 million for its insect breeding technology | Romain Dillet | 2,023 | 1 | 31 | Even if insects don’t sound appealing to you, black soldier flies could play an essential role in the food chain in the coming years. In particular, these flies’ larvae can become an important source of proteins for livestock and fish. That’s why is raising another $5 million in a Series A funding round led by , a E... |
Fairphone nabs $53M in growth capital for ‘sustainable’ consumer electronics | Natasha Lomas | 2,023 | 1 | 31 | Dutch social enterprise , which makes modular and — the claim is — more sustainable and ethical consumer electronics, has nabbed a chunk of funding to continue scaling a circular-economy-aligned smartphone business. The €49 million (~$53 million) “growth capital” investment — from an international consortium of impact... |
As NYC public schools block ChatGPT, OpenAI says it’s working on ‘mitigations’ to help spot ChatGPT-generated text | Kyle Wiggers | 2,023 | 1 | 5 | New York City public schools have restricted access to , the AI system that can generate text on a range of subjects and in various styles, on school networks and devices. As this morning and confirmed to TechCrunch by a New York City Department of Education spokesperson, the restriction was implemented due to con... |
Why Africa had no unicorns last year despite record fundraising haul | Tage Kene-Okafor | 2,023 | 1 | 12 | scene was met with fanfare in 2021: Venture capital investments in the region totaled between $4 billion and $5 billion and produced five unicorns. In my piece this progress, I predicted there would be more unicorns in 2022. Those predictions proved to be way off the mark by year’s end. Data from market insights tra... |
TBD Health is rolling out at-home sexual healthcare to all US states | Haje Jan Kamps | 2,023 | 1 | 31 | Reproductive rights is a hot-button topic for much of the political spectrum in the U.S. Against that backdrop. is not-so-quietly making patient-focused and inclusive sexual healthcare available and accessible to everyone in the U.S., as it raises a $4.4 million round to scale up further. “At a time when women’s righ... |
The Team Slide is the most important slide in a startup pitch deck | Haje Jan Kamps | 2,023 | 1 | 31 | graduates and becomes a “real” company, with hundreds of employees and the first inklings of large amounts of revenue, you could argue that a Team Slide is less important. Yes, the top leadership team still has to be good, but if the company is growing rapidly, getting new customers and delivering a good product, it’s... |
Plugable’s new dock turns your tablet or phone into a workstation | Haje Jan Kamps | 2,023 | 1 | 31 | Laptops and tablets are getting better and more powerful by the day but our fingers aren’t getting any more precise, and for extended writing and work, it’s still more helpful to have a keyboard and a larger screen at hand. These types of products , but what’s new about ‘s offering is the sleek portability and build ... |
Would Baidu’s answer to ChatGPT make a difference? | Rita Liao | 2,023 | 1 | 31 | Baidu, China’s top search engine provider and robotaxi developer, is apparently working on its own counterpart to ChatGPT. The news, first reported by and , sent Baidu’s stock price rising on Monday to reach its highest point since September. A spokesperson for Baidu declined to comment on the reports. But it wouldn... |
Instagram’s co-founders introduce a new social app…for news reading | Sarah Perez | 2,023 | 1 | 31 | Can lightning strike twice? That’s apparently the question being raised today with the public introduction of the next social app built by Instagram’s co-founders, Kevin Systrom and Mike Krieger. The duo have launched a new venture to explore social apps, according to a report published in , which includes the debut p... |
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