Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Nigerian startup that stored its ‘day-to-day operational budget’ on FTX announces staff cuts by Christine Hall originally published on TechCrunch
In this issue: Layoffs come to Astra; News from NASA, Starlink and more
Max Q: Join us! by Aria Alamalhodaei originally published on TechCrunch
Just hours after Bird said it had overstated revenue for more than two years by recognizing unpaid customer rides, Bird dropped a growing concern warning. In a regulatory filing, the company said it might “need to scale back or discontinue certain or all of its operations in order to reduce costs or seek bankruptcy protection.” […]
Bird may not have enough funds to continue shared micromobility business by Rebecca Bellan originally published on TechCrunch
It’s been six months since Uber hosted Go, Get, a global smorgasbord of product reveals and features that covered everything from booking party buses and voice ordering for Uber Eats to linking travel plans to Gmail and skipping the food lines at sports stadiums. The product reveals aren’t just about creating new revenue streams or […]
The Amazonification of Uber by Rebecca Bellan originally published on TechCrunch
There is this myth that investors are risk averse. This isn’t true. They love taking risks. On white men. It’s part of the thrill.
Long live the vibe capitalist! by Dominic-Madori Davis originally published on TechCrunch
Helmed by erratic new owner Elon Musk, Twitter is no longer fulfilling key obligations required for it to claim Ireland as its so-called “main establishment” under the European Union’s General Data Protection Regulation (GDPR), a source familiar with the matter has told TechCrunch. Our source, who is well placed, requested and was granted anonymity owing […]
Is Elon Musk’s Twitter about to fall out of the GDPR’s one-stop shop? by Natasha Lomas originally published on TechCrunch
Google has agreed to a $391.5 million settlement with 40 state attorneys general over its location tracking practices. The settlement outlines that Google misled its users into thinking they had turned off location tracking even as the company continued to collect their location information. The investigation, which marks the largest attorney general-led consumer privacy settlement […]
Google to pay $391.5 million in location-tracking settlement with 40 states by Aisha Malik originally published on TechCrunch