November 2022

Seedstars Capital launches to support new fund managers around the world

November 29, 2022

The venture market is in the middle of a downturn, but there are still plenty of emerging fund managers. Seedstars International Ventures, the investment firm that backs high-growth startups around the world, announced today it has launched a platform called Seedstars Capital with Swiss-based investment holding company xMultiplied to help new fund managers around the […]

Seedstars Capital launches to support new fund managers around the world by Catherine Shu originally published on TechCrunch

AWS makes Lambda cold start latency a thing of the past with SnapStart

November 29, 2022

At its re:Invent kickoff keynote tonight, AWS announced a small but important update to Lambda, its serverless platform, that tackles one of the most common issues with the service. Typically, when a function isn’t used for quite a while, Lambda will shut the virtual machine down — and despite improvements like faster Firecracker microVMs, this […]

AWS makes Lambda cold start latency a thing of the past with SnapStart by Frederic Lardinois originally published on TechCrunch

Despite ban, Twitter downloads surge in China amid COVID protests

November 29, 2022

Twitter saw a surge in downloads in China as protests against the country’s stringent COVID restrictions erupted nationwide over the last few days. The social media app ranked 9th amongst all the free iOS apps in China on November 29, up from 150th a week ago, according to app analytics firm SensorTower. Discussion about the […]

Despite ban, Twitter downloads surge in China amid COVID protests by Rita Liao originally published on TechCrunch

AWS launches Graviton3E, its new Arm-based chip for HPC workloads

November 29, 2022

At its traditional evening keynote at re:Invent, AWS tonight announced quite a bit of new hardware in its cloud, starting with a new version of its Nitro hypervisor, new instance types, and a new version of its custom Arm-based Graviton chips which was specifically designed for powering high-performance computing workloads. This new Graviton3E chip — […]

AWS launches Graviton3E, its new Arm-based chip for HPC workloads by Frederic Lardinois originally published on TechCrunch

As Pipe’s founding team departs, tensions rise over allegations

November 29, 2022

On November 22, alternative financing startup Pipe announced that its three co-founders were stepping down from their executive roles and that a search for a new, “veteran” CEO had commenced. In an exclusive interview, co-founder and former co-CEO Harry Hurst told TechCrunch that the trio were “0-1 builders, not at-scale operators.” He said the company’s […]

As Pipe’s founding team departs, tensions rise over allegations by Mary Ann Azevedo originally published on TechCrunch

Southeast Asia insurtech Igloo increases its Series B to $46M

November 29, 2022

Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. The first tranche of $19 million was announced in March, and led by Cathay innovation with participation from ACA and returning investors OpenSpace. The newest round […]

Southeast Asia insurtech Igloo increases its Series B to $46M by Catherine Shu originally published on TechCrunch

EV SPAC Faraday Future ousts its CEO

November 29, 2022

Faraday Future, the troubled EV startup-turned-publicly-traded company, has shuffled its executive ranks once again. The board fired its CEO Carsten Breitfeld, according to a regulatory filing posted Monday after the markets closed. Brietfeld, who was the former co-founder of failed EV startup Byton, took the leadership role at Faraday Future in September 2019. The board […]

EV SPAC Faraday Future ousts its CEO by Kirsten Korosec originally published on TechCrunch

Nufa lets you live up to unrealistic beauty standards at the tap of an app

November 28, 2022

It isn’t like Instagram is a beacon of truth as it is, but things are about to get a lot worse, as Nufa takes any image and sculpts you into the “after” picture dream that every gym owner wants to project into our souls as they continue on their mission to make us all look […]

Nufa lets you live up to unrealistic beauty standards at the tap of an app by Haje Jan Kamps originally published on TechCrunch