Ava Labs President John Wu joins Caroline Hyde and Ed Ludlow to discuss the significance of Ether’s software update going off without a hitch. Plus, he shares Ava’s new Evergreen Subnets, allowing institutions to pursue their blockchain and digital asset strategies in private, permissioned chains with known and approved counterparties. ——– Like this video? Subscribe
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Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. This week, I am diving deeper into what generative AI means, or doesn’t mean, for enterprise buyers. I also have some notes on why
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior reporter Natasha Mascarenhas. After a Tahoe-based tech conference, Sheel Mohnot, the fintech investor behind Better Tomorrow Ventures, is beatboxing in his head — all day, every day. And while it may feel like an uncommon takeaway from an event
Hello, friends. Looking for a recap of this week’s news? You’re in the right place. It’s Week in Review (WiR), the (more or less) regular newsletter that recaps the top stories from the past few days written by the talented TC team. (Woot, alliteration.) There’s no quicker way to catch up on the stuff that
Emerging managers have been on the same rollercoaster as startups for the last few years. Funding to these young firms swelled in 2021 as venture was hot overall, but in line with the broader market, fundraising has slowed to a trickle since the beginning of 2022. The trend continued into 2023. New data from PitchBook
Let’s start with an obvious truth: Hardware is hard. We’ve all heard the cliché — and implicitly understand it to be truth. The good news is such difficulties give us a lot to talk about — and as it happens, for the first time, hardware is getting its own stage at Disrupt 2023. The event,
A slew of new funds indicate potential for dedicated pools for climate startups Annie Njanja 7 hours Venture capital activity around climate tech has been heating up in Africa despite the global VC funding cooldown. The continent’s climate tech startups secured over $860 million in equity funding, largely driven by clean energy technologies, representing 3.5x
At Meta Connect 2022, the tech giant announced a three-year partnership with NBCUniversal that would bring Peacock to the Meta Quest virtual reality headset. Today, the streaming app is now available on Meta Quest 2 and Meta Quest Pro devices. Subscribers can get Peacock in the Meta Store and stream 90,000 hours of movies and
Blueprint CEO and founder Bryan Johnson joins Caroline Hyde and Ed Ludlow to discuss his million-dollar chase for youth, and what it’s like having a team of more than 30 doctors and health experts monitoring his every bodily function in order to stay young. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Oleksandr Yaroshenko Contributor Oleksandr Yaroshenko is head of investor relations at Headway, an edtech startup with operations in Ukraine, the UK, Poland, and Cyprus. Investors wish they could forecast the future and decrease the uncertainty regarding how a business will grow. Subscribers’ retention on the annual plan is directly related to the product value. However,
Creative platform EVEN, which allows artists to sell music directly to fans, said it has closed a $2.2 million seed round led by CSA Partners. The platform positions itself as the first stop before artists release music on streaming platforms. Fans, in return, receive access to exclusive content and experiences. The company’s CEO and founder,
European accelerators are going through an interesting time right now. For instance, TechStars Stockholm was all set to launch and then abruptly shut down. And I think it’s now commonly accepted that most accelerators outside of YCombinator can too be often ‘less than adequate’, to put it diplomatically. Perhaps an exception to this oft-repeated phrase,
James Murdoch’s venture fund Bodhi Tree slashed its planned investment into Viacom18 to $528 million, down 70% from the committed $1.78 billion, the two said late Thursday as the global weakening economy hammers investors’ appetite. Viacom18, a joint venture between Mukesh Ambani’s Reliance and Paramount Global, did not say why Bodhi Tree slashed its pledged
A robotic taxi drove me home a few nights ago, and it was just fine. As it carried me through Golden Gate Park at a steady 23 miles per hour (slowing down to 6 mph for every speed bump), I felt like a packet of information being delivered across a network. Since our last robotics
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, our crunchiest of friends! Over the last few days, we’ve been telling you about all the cool stuff that’s happening at Disrupt. Well, guess what — we’re getting a hardware
There’s a long list of things corporations can do to lessen consumer electronics’ environmental impact. Making systems easier to repair is up there, along with encouraging device recycling and updating manufacturing and supply chain processes. Utilizing recycled material in the devices themselves is a big piece of this puzzle, as well — it’s good publicity
Apple has signed a multi-year deal with Canal+, a leading French premium television channel and streaming service. Starting on April 20, all existing and future Canal+ subscribers in France and some other European countries will be able to stream Apple TV+ content for no additional cost. This is an odd deal as Canal+ isn’t just
The rumors going around about Apple TV launching a multiview feature — which was spotted by developer Steve Moser — are coming true. Tonight, Apple is launching a beta version of the feature on the Apple TV 4K during its MLB Friday Night Baseball livestream, TechCrunch has learned. Users participating in the Apple beta software
Zoom today announced plans to acquire Workvivo, a six-year-old Irish startup focused on improving companies’ internal communications and culture. Terms of the deal weren’t disclosed. While many enterprise communication tools — such as Zoom — specialize in real-time communication, Workvivo is very much about the asynchronous. The platform is less about project-specific collaboration than it
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Mary Ann, Natasha and Alex enjoyed the warming climate and the fact that there are some positive vibes in the venture market as well. Hell, we even had a nine-figure round
Opportunities abound as new rules push EVs to the forefront Tim De Chant 7 hours If there was any question as to whether the Biden administration is serious about the electrification of the U.S. economy, this week’s announcement of new automotive emissions regulations should put that to rest — along with any doubts investors have
A shiny new data transfers deal between the European Union and the United States aimed at fixing costly legal uncertainty over exports of personal data isn’t in place yet but the European Parliament’s civil liberties committee is predicting the incoming EU-U.S. Data Privacy Framework (DPF) won’t survive a legal challenge — just as its two
Spotify is closing down Heardle, the Wordle-inspired music guessing game it acquired last July for an undisclosed sum. Similar to Wordle, Heardle offers players six tries to guess a popular song — but instead of typing in different letters to form words, players listen to a song’s intro to guess the artist and title. At
Former BitPay Chief Commercial Officer Sonny Singh, who invested in FTX in 2020 when it was valued at $16 billion, joins Caroline Hyde and Ed Ludlow to discuss the FTX empire fallout, the impact on the wider crypto space, and what other crypto companies he thinks might crash. ——– Like this video? Subscribe to Bloomberg
Things could’ve been worse, I guess. Companies with all female-founding teams raised about $800 million, or 2.1%, out of the estimated $37 billion invested in U.S. startups in Q1 2023, according to PitchBook. In dollar terms, that is a 53% year-over-year decline from the $1.7 billion all-female founding teams raised in Q1 2022. The decline
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 Thursday, Crunchers! If you’ve been to Disrupt before, you’ll remember we had a stage or two or three. This year, we’re going all out, with a bunch of tracks to tickle
But first it’ll have to prove its business model Tim De Chant 9 hours We’ve spent the last century and a half pumping carbon dioxide into the atmosphere, and it’s clear that we’ll have to spend the coming decades removing a significant fraction of that. But then what do we do with it all? Some
In the past couple of weeks, already an ice age ago in AI hype terms, a number of very well known names in tech (Elon Musk! Woz!) signed an open letter calling for a halt on the development of AI models more powerful than OpenAI-s GPT-4 — arguing humanity needs time for planning and management
Spotify today is introducing new technology that will give radio broadcasters the ability to turn their existing audio content into podcasts, or what it’s calling “broadcast-to-podcast.” Based on IP Spotify acquired in late 2021 from an Australia-based podcast tech company Whooshkaa, the feature set will be integrated into Spotify’s enterprise podcast tech platform Megaphone, where it’s
Elevate, a consumer benefits administration platform, today announced that it raised $28 million in a funding round led by Anthemis with participation from Fin Capital Norwest Venture Partners, Greycroft, Bowery Capital, and Firebolt Ventures. The new cash, which brings Elevate’s total raised to $43 million, will be put toward product development, hiring and customer acquisition,
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