FTX and its affiliated debtors have sent confidential letters asking politicians, PACs and other recipients of funds to return donations made by the crypto exchange once valued at $32 billion. The recipients are being asked to return donations — or potentially face repercussions — to the now-bankrupt exchange, according to a Sunday statement from FTX. […]
FTX wants politicians and PACs to return their donations by Jacquelyn Melinek originally published on TechCrunch
There are two common problems with the problem slide: Some founders are tempted to go way into the weeds, while others don’t include one at all.
What do investors need from your problem slide? by Haje Jan Kamps originally published on TechCrunch
Canoo has agreed to sell 50 million shares at a steeply discounted price as the cash-strapped EV company seeks the money it needs to keep its operations running. Canoo said Monday it would sell 50 million new shares to unnamed investors for $1.05 per share, a 16% discount from its closing price Friday. The shares […]
EV SPAC Canoo agrees to sell $52M in stock to stay alive by Kirsten Korosec originally published on TechCrunch
Last year, Snap shut down Zenly, a popular social mapping app it acquired for over $200 million in 2017, despite the fact that Zenly still had 40 million active users and growing. Users were understandably upset. But now, Zenly co-founder Antoine Martin says he’s returning to the social app market with the launch of a […]
Zenly co-founder returns with new social app company, Amo by Sarah Perez originally published on TechCrunch
Practice pitching your startup on this week’s TechCrunch Live. I have two amazing guests and they bring along a lot of startup pitching experience. Three guests of this week’s TechCrunch Live event will have two minutes to practice their elevator pitch and they’ll get four minutes of candid feedback from the two guests. This week, […]
Practice your startup pitch on TechCrunch Live with Mayfield and Cube by Matt Burns originally published on TechCrunch
Finrtech Kissht and PayU’s LazyPay are among the apps that India’s IT Ministry has blocked in the ongoing crackdown as New Delhi moves to curb the misuse of consumers’ data and protect the nation’s integrity. The LazyPay website has been blocked by several internet service providers in the country. A message on the Prosus-owned website […]
India blocks Kissht and PayU’s LazyPay in fresh crackdown by Manish Singh originally published on TechCrunch
Simple HealthKit provides at-home and in-clinic diagnostics, performs its own testing and telehealth services and works with pharmacy partners for treatment and follow-up care.
Simple HealthKit is taking on health equity with at-home diagnostics, treatment by Christine Hall originally published on TechCrunch
Magic, a startup developing a code-generating platform similar to GitHub’s Copilot, today announced that it raised $23 million in a Series A funding round led by Alphabet’s CapitalG with participation from Elad Gil, Nat Friedman and Amplify Partners. So what’s its story? Magic’s CEO and co-founder, Eric Steinberger, says that he was inspired by the […]
Code-generating platform Magic challenges GitHub’s Copilot with $23M in VC backing by Kyle Wiggers originally published on TechCrunch
Tech workers took another big hit today when Dell announced it was laying off 5% of its worldwide employees in the face of plunging PC sales and general economic uncertainty. That’s 6650 more people who will be out of work. Bloomberg data showed that the company peaked at 165,000 employees in January 2020 and has […]
More tech job market misery as Dell lays off 5% of worldwide workforce by Ron Miller originally published on TechCrunch