Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Citing slow growth and desire to be ‘at the forefront of the AI era,’ Dropbox CEO lays off 500 by Christine Hall originally published on TechCrunch
Clubhouse, a once skyrocketing social audio app built by Paul Davison and Rohan Seth, has laid off more than half of its staff. The startup’s co-founders made the decision in response to customer habits changing in a post-COVID world and remote work complexities, according to a blog post. Those who were impacted will receive severance […]
Clubhouse needs to fix things, and today it cut more than half of staff by Natasha Mascarenhas originally published on TechCrunch
Snap, the parent company of Snapchat, has seen its stock tumble 20% in after-hours trading after reporting first-quarter earnings Thursday. The company missed Wall Street revenue estimates of $1 billion, closing out the quarter with $989 million. That’s down 7% from the same period last year, and it represents the first time since Snap went […]
Snap stock down 24% on weak earnings, ad revenue slump by Rebecca Bellan originally published on TechCrunch
Hackers have stolen email addresses, direct messages, and other personal data from users of two dating websites, according to a data breach expert. Earlier this week, someone alerted Troy Hunt, the founder and maintainer of the data breach alerting website Have I Been Pwned, that hackers had breached two dating websites, CitiJerks and TruckerSucker. Hunt […]
Hackers steal emails, private messages from hookup websites by Lorenzo Franceschi-Bicchierai originally published on TechCrunch
Microsoft Designer, Microsoft’s AI-powered design tool, today launched in public preview with an expanded set of features. Announced in October, Designer is a Canva-like web app that can generate designs for presentations, posters, digital postcards, invitations, graphics and more to share on social media and other channels. It leverages user-created content and DALL-E 2, OpenAI’s […]
Microsoft makes its AI-powered Designer tool available in preview by Kyle Wiggers originally published on TechCrunch
I have joined so many social media websites since October 27, 2022, the fateful day in which Elon Musk tanked his net worth and volunteered for the worst job in the world. There’s Mastodon, T2, Spoutible, Hive, Post, Cohost and so many more, but no Twitter alternative has felt as promising as Bluesky. That is, […]
Bluesky’s best shot at success is to embrace shitposting by Amanda Silberling originally published on TechCrunch