February 2023

Damus pulled from Apple’s App Store in China after two days

February 3, 2023

Damus, one of the fastest-growing Twitter alternatives, has been pulled from China’s App Store just two days after the app was approved by Apple. The app, which is based on the Jack Dorsey-backed decentralized social networking protocol Nostr, was removed from the China App Store per request by the country’s top internet watchdog because it […]

Damus pulled from Apple’s App Store in China after two days by Rita Liao originally published on TechCrunch

Car-sharing SPAC Getaround lays off 10% of staff

February 3, 2023

Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability and long-term growth,” the company said in a statement. Per LinkedIn, Getaround has 421 employees, so the staff cuts should affect around 42 employees. Getaround did […]

Car-sharing SPAC Getaround lays off 10% of staff by Rebecca Bellan originally published on TechCrunch

Apple revenue drops amid quarterly hardware decline

February 3, 2023

Apple has thus far been lauded for a deliberate hiring approach that saved the company from the mass layoffs conducted by top competitors like Alphabet and Amazon. But not even the iPhone maker is immune from economic headwinds. In quarterly earnings posted today, the company notched its first y-o-y loss since before the pandemic. The […]

Apple revenue drops amid quarterly hardware decline by Brian Heater originally published on TechCrunch

Rebar robotics firm Toggle adds another $3M to its fundraising tally

February 2, 2023

There’s no denying that the robotics startup world has taken a hit during the ongoing economic downturn. Recent numbers prove what we’ve all suspected for some time. But two things are true: 1) The lull is temporary; and 2) While robotics isn’t recession-proof, construction might as well be. This is certainly a theme of late […]

Rebar robotics firm Toggle adds another $3M to its fundraising tally by Brian Heater originally published on TechCrunch

Ford left ‘$2B of profits on the table’ in 2022

February 2, 2023

Ford reported Thursday it earned $10.4 billion in net income last year, falling well below its own guidance and missing Wall Street’s expectations as the U.S. automaker struggled with supply chain issues and production instability that drove down sales and pushed operating costs higher. Shares fell as much as 8.3% in after-market trading, before recovering. […]

Ford left ‘$2B of profits on the table’ in 2022 by Kirsten Korosec originally published on TechCrunch

‘0ktapus’ hackers are back and targeting tech and gaming companies, says leaked report

February 2, 2023

The hackers who reportedly hit more than 130 organizations last year and stole the credentials of almost 10,000 employees are still targeting several tech and video game companies, according to a report obtained by TechCrunch. The report, prepared by cybersecurity firm CrowdStrike, calls the hackers “Scattered Spider.” In a previous publicly available report, the company […]

‘0ktapus’ hackers are back and targeting tech and gaming companies, says leaked report by Lorenzo Franceschi-Bicchierai originally published on TechCrunch

Is Instagram considering paid verification? Code reveals references to a ‘paid blue badge’

February 2, 2023

New references in Instagram’s code suggest the company could be developing a paid verification feature following the rollout of a similar system at Twitter under Elon Musk. Recently discovered code snippets reference explicitly refer to a “paid blue badge” and a new subscription product, a developer has discovered. The same reference also appears in the […]

Is Instagram considering paid verification? Code reveals references to a ‘paid blue badge’ by Sarah Perez originally published on TechCrunch