Report: Meta wins ruling against FTC to move forward with purchase of VR startup Within

February 1, 2023

Meta can move forward with its acquisition of virtual reality startup Within, a report from Bloomberg says. According to the report, Judge Edward Davila submitted a sealed decision that denied the FTC’s request to take next steps in blocking the transaction. The FTC sued Meta in July to block the purchase of Within, the creators […]

Report: Meta wins ruling against FTC to move forward with purchase of VR startup Within by Amanda Silberling originally published on TechCrunch

Be relevant, or get downturned

February 1, 2023

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single person, think about their work and unpack the rest. This week, Mary Ann interviewed Hans Tung, prolific investor and managing […]

Be relevant, or get downturned by Mary Ann Azevedo originally published on TechCrunch

Gem Security wants to secure your cloud infrastructure, raises $11M

February 1, 2023

Gem Security, a New York- and Tel Aviv-based startup that is building a cloud threat detection, investigation and response (TDIR) platform, is coming out of stealth today and announced an $11 million seed funding round led by Team8. With support for all of the major cloud platforms like AWS, Azure, Google Cloud and Kubernetes, Gem […]

Gem Security wants to secure your cloud infrastructure, raises $11M by Frederic Lardinois originally published on TechCrunch

Empathy’s new tool uses AI to generate obituaries, and it’s not half bad

February 1, 2023

Writing an obituary isn’t an easy task. That’s an understatement — it’s incredibly painful, usually expensive too. But someone has to do it. Or perhaps not. Consider leaving it to AI. That’s the pitch Empathy, a platform that provides support for families who’ve recently suffered a loss, is making with the launch of its new tool […]

Empathy’s new tool uses AI to generate obituaries, and it’s not half bad by Kyle Wiggers originally published on TechCrunch

Passthrough raises $8.4M to simplify the process of investor onboarding

February 1, 2023

Tim Flannery, Alex Laplante and Ben Doran were working together at Carta’s investor services team when they realized that onboarding funds to invest in startups was a taxing (no pun intended) process. It required manually creating subscription agreements — agreements that investors fill out to invest in a fund — by piecing together unstructured data […]

Passthrough raises $8.4M to simplify the process of investor onboarding by Kyle Wiggers originally published on TechCrunch

Proving that banking as a service is hotter than ever, Treasury Prime raises $40M Series C

February 1, 2023

Treasury Prime co-founder and CEO Chris Dean believes that the best outcomes for consumers will result from traditional banks and fintechs working together. The banking-as-a-service startup has worked to build relationships with both banks and fintechs. And Dean believes Treasury Prime’s ability “to keep both sides happy” has contributed to its ability to grow its […]

Proving that banking as a service is hotter than ever, Treasury Prime raises $40M Series C by Mary Ann Azevedo originally published on TechCrunch

Netflix gives Premium members more download devices and spatial audio on 700+ titles

February 1, 2023

Today, Netflix announced that Premium members can now download content on more devices and use spatial audio for over 700 titles. Both upgraded features are available at no extra cost. Premium subscribers are able to download Netflix titles to watch offline on six devices at a time. Previously, the plan would only allow downloads on […]

Netflix gives Premium members more download devices and spatial audio on 700+ titles by Lauren Forristal originally published on TechCrunch

The Download: risks to Reddit, and the potential return of the dodo

February 1, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. How the Supreme Court ruling on Section 230 could end Reddit as we know it When the Supreme Court hears a landmark case on Section 230 later in February, all eyes will be…