To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest Terraform Labs…
Twitter is testing a new ‘Liked by Author’ label that appears when the creator of a tweet likes your reply. A reporter on the TechCrunch team spotted the new label in the Twitter Android app. A spokesperson from Twitter confirmed to TechCrunch that the company has been testing different labels to help give people context…
Because no one parties harder than I do, I spent a portion of my week reading through Coinbase’s investor call after its earnings report. The U.S. crypto exchange pulls in some questions from non-analysts during its chats, which makes for a slightly more entertaining set of prompts and responses. You can read it all here.…
Swiggy has amassed millions of users in India, helping them order food and grocery online in the country. The seven-year-old startup, India’s most valued food tech, is now looking to reach those who go out to eat. The Bengaluru-headquartered startup said on Friday it has reached a definitive agreement with the Indian conglomerate Times Internet…
Binance, the world’s largest cryptocurrency exchange, has suspended trading of Terraform Labs’ Terra (Luna) and TerraUSD (UST) tokens across most of its spot pairs, and for Luna, additionally across all of cross margins and isolated margins pairs following one of the biggest meltdowns in the history of cryptocurrencies. The move, which follows the exchange pulling…
Section4, an upskilling startup launched by prominent NYU professor Scott Galloway, has laid off a quarter of staff sources say. The layoffs, which occurred last week, affected employees across all levels of seniority and teams, but specifically targeted a majority of the product team. The startup first splashed onto the scene in 2019 with a…
In the U.S., more than 6,000 new medical devices are approved by the FDA and released every year. As a surgeon, you may not want to stay on top of this, but fear ye not, your helpful neighborhood medical equipment sales team is there to help explain why you need (on average) 16 new toys…
SoftBank, which invested over $46 billion in startups last fiscal year, may slash the investment amount to half or even a quarter of that this year, chief executive Masayoshi Son said on the earnings call Thursday, the latest high-profile investor to become vocally cautious about opportunities in the private markets amid a global slowdown. The…
It used to be that venture capitalists couldn’t sell their stake in a portfolio company before it sold or went public without raising questions about the outfit’s prospects. As startups began staying private longer, VCs and management teams grew more comfortable with selling some of their holdings to new investors, but many VCs are likely…
Bird and Lime are launching new tools to help alleviate the problem of shared electric scooters parking inappropriately, and both are powered by Google. Both Bird and Lime’s systems, named Bird Visual Parking System and Lime Visual Positioning Service (VPS times two!), respectively, rely on Google’s ARCore Geospatial API, allowing the companies to geo-locate parked…
