Sequoia is the latest VC firm telling you to take the downturn seriously – TechCrunch

Sequoia takes things seriously. The storied venture firm is known to react to macroeconomic events with grand memos aimed at portfolio companies and sometimes the entrepreneurship scene at large. Most recently, Sequoia created a 52-slide deck, first reported by The Information, titled “Adapting to Endure.” The document reads like a follow-up course to its infamously ill-timed…

With Bungie under its wing, Sony plans to invest half of its PlayStation Studios development budget on live service games this year – TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Friday, Crunchers! It’s 27 May 2022, and we are slinking into a long weekend because it’s Memorial Day weekend here in the U.S. There’s no newsletter on Monday — Haje is…

With Bungie under its wing, Sony plans to invest half of its PlayStation Studios development budget on live service games this year – TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Friday, Crunchers! It’s 27 May 2022, and we are slinking into a long weekend because it’s Memorial Day weekend here in the U.S. There’s no newsletter on Monday — Haje is…

FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked – TechCrunch

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. One of the startups working towards this vision is Zimbabwe’s…