Divvy Homes goes from $2B valuation to third layoff in a year

September 11, 2023
Divvy Homes, the rent-to-own startup that gained attention and investment from Tiger Global and other high-profile investors, is laying off 94 employees. The layoffs — its third in the past year — represents the latest blow to the real estate tech company as mortgage interest rates have continued to surge. The 94 employees are spread […]

‘Exadelic’ takes a shot at being Silicon Valley’s ‘Ready Player One’

September 11, 2023
We don’t often review books at TechCrunch, let alone fiction, but sometimes a work comes along that is just so carefully tuned to the ecosystem we cover that it justifies a quick post. And so here we have “Exadelic,” a sci-fi novel by erstwhile TC contributor Jon Evans, who does his level best to match […]

Snapchat partners with MTV to let users vote for VMAs through Lenses

September 11, 2023
MTV has partnered with Snapchat to let users vote for a Video Music Awards category through Lenses. The entertainment company is leveraging Snap’s Camera Kit to integrate AR-based experiences into the award show. Users will be able to vote on the Best New Artist once the three finalists are decided. They can use a special […]

MGM Resorts blames ‘cybersecurity issue’ for ongoing outage

September 11, 2023
Hotel and casino giant MGM Resorts has confirmed a “cybersecurity issue” is to blame for an ongoing outage affecting systems at the company’s Las Vegas properties. “MGM Resorts recently identified a cybersecurity issue affecting some of the company’s systems,” the company said in a statement posted to X, formerly Twitter, on Monday. “Promptly after detecting […]