Founders may be discouraged in this environment, but they need to remember that they have “currency,” too.
Early-stage founders still have currency: Fundraising in times of greater VC scrutiny by Ram Iyer originally published on TechCrunch
Expectations for this year’s holiday spend online were lukewarm, but initial activity — driven by deep discounts — has bucked predictions. Cyber Monday pulled in $11.3 billion in sales online according to figures from Adobe Analytics, which tracks seasonal e-commerce activity. This is 5.8% more than consumers spent on the same day last year (when […]
Cyber Monday online sales hit a record $11.3B, driven by demand, not just inflation, says Adobe by Ingrid Lunden originally published on TechCrunch
Apple debuted its first podcast award today with Slate’s “Slow Burn” as a winner for this year. The company said that the award is to celebrate the “outstanding quality, innovation, and impact” of the show. “Slow Burn” first launched in 2017, and its latest season about Roe v. Wade was released on June 1, 2022 […]
Slate’s ‘Slow Burn’ is the winner of Apple’s first podcast award by Ivan Mehta originally published on TechCrunch
The new Ethereum and Polygon integrations are live in beta mode on Phantom’s browser and iOS and Android applications.
Solana-focused crypto wallet Phantom adds Ethereum and Polygon support by Jacquelyn Melinek originally published on TechCrunch
The news comes more than a year after Saltbox closed a $10.6 million Series A, bringing its total funding to $56 million.
‘Co-warehouse’ company Saltbox closes $35M Series B by Dominic-Madori Davis originally published on TechCrunch
Kenya’s first fully electric taxi service, NopeaRide, is exiting the market after its parent company EkoRent OY failed to raise additional funding to keep it afloat. In a statement, NopeaRide said EkoRent Africa, the local subsidiary of the Finnish company, has filed for insolvency in Kenya, bringing to an end the operations of the all-electric […]
NopeaRide, Kenya’s first EV taxi service, shuts down by Annie Njanja originally published on TechCrunch
Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi Ventures and Alkeon. An extension of Deepgram’s Series B that kicked off in February 2021, led by Tiger Global, it brings the startup’s total raised to $86 million, which CEO […]
Deepgram lands new cash to grow its enterprise voice-recognition business by Kyle Wiggers originally published on TechCrunch
Lyst, the UK fashion e-commerce site that last year raised funding at a $700 million valuation, is the latest tech startup to rein in spending by cutting staff. TechCrunch has learned that the company is in the process of laying off 25% of its employees, working out to about 50 people, as part of a […]
Lyst, the UK fashion marketplace, is laying off 25% of staff by Ingrid Lunden originally published on TechCrunch
The UK government has completed a major revision to controversial but populist online safety legislation that’s been in the works for years — and was finally introduced to parliament earlier this year — but has been paused since this summer following turmoil in the governing Conservative Party. In September, new secretary of state for digital, Michelle Donelan, […]
UK confirms removal of Online Safety Bill’s ‘legal but harmful’ clause by Natasha Lomas originally published on TechCrunch