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Match Group promotes Faye Iosotaluno to Tinder CEO

January 10, 2024

Dating app behemoth Match Group has named Faye Iosotaluno as the new Tinder CEO, two years after the previous CEO Renate Nyborg left the company in August 2022. During that time, Match Group CEO Bernard Kim held the position. Iosotaluno has been working at the Match Group since 2017. She was promoted from the company’s […]

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Crypto apps Binance, Kraken, KuCoin disappear from Apple’s App Store in India

January 10, 2024

Binance, Kraken, Mexc, Kucoin and five other crypto exchanges flagged for operating “illegally” in India have disappeared from Apple’s App Store in the country. The move follows Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, issuing show cause notices to all nine firms two weeks ago and alleging that they weren’t compliant […]

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Keith Rabois dishes on his surprising return to Khosla Ventures, after leaving the firm in 2019 for Founders Fund

January 10, 2024

Earlier today, Forbes reported that renowned venture capitalist, operator and entrepreneur Keith Rabois is returning to Khosla Ventures (“KV”), the Silicon Valley outfit where he cut his teeth as a full-time VC before joining Founders Fund (“FF”), where in 2019 he teamed up with former Stanford classmate Peter Thiel. The move came as a surprise […]

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What happens to Carta now?

January 10, 2024

If a noticeable chunk of Carta startup and venture customers do leave, it would hurt the company’s otherwise impressive revenue figures, but that seems unlikely to happen.

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Twitch is laying off another 500 employees

January 10, 2024

Another round of layoffs is hitting Twitch. The Amazon-owned livestreaming platform will cut 35% of its staff, or roughly 500 employees, Bloomberg reports, and will announce the reduction as early as this week. Twitch did not immediately respond to TechCrunch’s request for comment. It’s the latest blow for the already beleaguered company, which cut hundreds […]

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Treasure Financial lays off staff just months after reporting ‘explosive growth’

January 10, 2024

Treasure Financial has laid off 14 employees, the fintech startup confirmed to TechCrunch today. The layoffs took place in December. The move affected some 60% to 70% of the company, according to multiple sources familiar with internal operations.  Sam Strasser, founder and CEO of Treasure Financial, told TechCrunch that “a need to streamline our operations […]

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Stairs are no obstacle for this delivery bot’s squishy wheels

January 10, 2024

One of the easiest shots to take at the delivery bots some of us see trundling around techy cities is that they can’t climb stairs, curbs, or any other minor obstacle that even a slug could handle. Mobinn, a new spinoff from Hyundai, has seemingly solved this using a set of flexible wheels that can […]

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Quora raised $75M from a16z to grow Poe, its AI chat bot platform

January 9, 2024

Quora is back at it, raising funding for the first time in nearly seven years. The questions and answers website nabbed $75 million from Andreessen Horowitz (a16z), which will be used to power the growth of Poe, Quora’s AI chat platform. What makes Quora’s AI chatbots different from the rest of the pack? Quora is […]

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Substack won’t commit to proactively removing Nazi content, ensuring further fallout

January 9, 2024

Substack has industry-leading newsletter tools and a platform that independent writers flock to, but its recent content moderation missteps could prove costly. In late November, the Atlantic reported that a search of the publishing platform “turns up scores of white-supremacist, neo-Confederate, and explicitly Nazi newsletters on Substack—many of them apparently started in the past year.” […]

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Hyundai says its electric air taxi business will take flight in 2028

January 9, 2024

Supernal, the advanced air mobility company under Hyundai Motor Group, took the wraps off its latest iteration of an electric vertical takeoff and landing aircraft called the S-A2 that executives say is designed to shuttle passengers by 2028. The S-A2 is essentially a more fully baked version of what it intends to launch commercially and […]

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