Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Shopify lays off 20% of staff and sells its logistics arm to Flexport by Christine Hall originally published on TechCrunch
Welcome back to Chain Reaction. This week I’m writing the newsletter from the currently sunny and always beautiful city of Barcelona, Spain.
Developers are building out the blockchain ecosystem in Barcelona by Jacquelyn Melinek originally published on TechCrunch
Augmented reality is coming to Reels Ads and Facebook Stories, Meta announced this afternoon the IAB’s NewFronts as part of its pitch to advertisers. The update allows brands like Sephora, Tiffany & Co., and others to offer more immersive experiences and AR filters when marketing to Meta’s audience, including its younger Gen Z users. The […]
Meta pitches augmented reality to advertisers with new AR Reels Ads and Facebook Stories by Sarah Perez originally published on TechCrunch
I’m heading back to the South Bay next week, thanks to Google I/O, which is coming back to the Shoreline Amphitheater. I honestly don’t expect much of anything related to this beat, though AI is going to be all over that thing. That’s hardly a new phenomenon, of course — previous developer conferences have showcased […]
The life and death of a robot vacuum by Brian Heater originally published on TechCrunch
Tellus, an Andreessen Horowitz-backed fintech company that claims it can offer people higher yields on their savings balances by using that money to fund certain U.S. single-family-home loans, is under scrutiny by the U.S. government. On May 2, as first reported by Barron’s, U.S. Senator Sherrod Brown, chairman of the Senate Banking, Housing, and Urban Affairs […]
Senate Banking chair urges FDIC to look into Tellus, a fintech backed by Andreessen Horowitz by Mary Ann Azevedo originally published on TechCrunch
HubSpot CEO Yamini Rangan told investors that generative AI is going to “rapidly” change the business landscape.
As generative AI finds its footing in enterprise products, how will companies charge for its use? by Alex Wilhelm originally published on TechCrunch
Senzai’s technology measures impact, experimentation and optimization to determine which sales campaigns will appeal to customers.
Senzai taps into AI optimization to guide LatAm companies to the right customers by Christine Hall originally published on TechCrunch
The European Union’s top court has handed down a couple of notable rulings today in the arena of data protection. One (Case C-300/21) deals with compensation for breaches of the bloc’s General Data Protection Regulation (GDPR); and the second (Case C-487/21) clarifies the nature of information that individuals exercising GDPR rights to obtain a copy […]
Europe’s top court clarifies GDPR compensation and data access rights by Natasha Lomas originally published on TechCrunch
The partnership will provide Alibaba’s clients with a launchpad that aims to help businesses launch their own metaverse spaces on Avalanche’s blockchain.
Alibaba Cloud, Avalanche partner to deploy metaverses on the blockchain by Jacquelyn Melinek originally published on TechCrunch
