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Daily Crunch: South Korea’s special financial crimes unit is investigating Do Kwon

What is that we hear? Is that the Friday, May 20, 2022, on the calendar and the soft, alluring siren’s song of a weekend that’s right around the corner? Why, yes, that must be it! Our events team

Even Amazon can’t quite figure out what Astro is for

Amazon’s cute little Astro robot has been scurrying its way around my apartment for the past few weeks. It has no arms to scratch its own head in confusion, but I am willing to do that for him.

Mobility marketplaces and brake repair on TechCrunch Live

Walker Drewett founded NuBrakes in May 2019. According to Mike Ghaffary, GP at Canvas Ventures, Drewett is building a high-growth business powered by a marketplace model, which is why Ghaffary led the

Hyundai to open $6.5B EV factory in Georgia

Hyundai is the latest automaker to announce plans to open an EV factory in Georgia, the same state where Rivian is preparing to break ground on its controversial plant. Hyundai’s $6.5 billion EV and

Indian launch startup Skyroot successfully completes full-duration stage test

Skyroot, the first private Indian company to design, build and test a solid rocket propulsion stage, has reached another key milestone in the development of its Vikram-I launch vehicle: a full-duratio

Digital biomarkers are healthcare’s next frontier

Historically, continuous tracking of an individual’s vital signs meant they had to be in a hospital. But that's not true anymore.

A third straight week of tech layoffs in the books

You thought the market was bad for venture capitalists, but what about the actual workers behind the tech companies they’ve backed? Reluctantly, we’re writing a tech layoffs roundup for the third

TechCrunch+ roundup: Construction tech survey, founder-CEO friction, diversify your cap table

As you may have heard, tech companies are having a bit of a whoopsie.

Match Group and Google reach an interim compromise over app payments

Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is getting along better with Google, just by a little bit. On Friday, Match withdrew its request for a temporary restraining o

Salty, subterranean water could relieve world’s lithium shortage

Today’s lithium mines can't hope to meet skyrocketing demand. Startups like Lilac Solutions and Vulcan Energy Resources have leaped into action with new, more efficient lithium extraction processes

Carbon capture is headed for the high seas

Unless you live near a port, you probably don’t think much about the tens of thousands of container ships tearing through the seas, hauling some 1.8 billion metric tons of stuff each year. Yet these

One man’s quest to bring back the small phone

In 2017, we noted that smartphone screen sizes had settled into a sweet spot between five and six inches. In hindsight, that may well have been wishful thinking. A brief respite aside, it seems that p

Endel’s generative soundscapes show up in Sony’s new headphones

The other day, Brian reported on Sony’s new LinkBuds headphones, including its partnership with “what if Brian Eno was a piece of computer software” app Endel. The company uses reall

Luminar’s Austin Russell: ‘We probably shouldn’t have existed’ but lidar will drive next-gen safety anyway

At TC Sessions: Mobility, Luminar founder and CEO Austin Russell admitted that his now successful company was founded in hubris, but that a skeptical eye during peak lidar hype helped them focus on re

As Klarna looks to raise more capital, is it cutting its valuation enough?

No one likes a down round. They are dilutive, messy and demoralizing. But they are also miles better than not raising money and dying, so companies raise them when required.

Coca-Cola’s attached bottle cap is rock bottom of hokey greenwashing

I don’t cover post-IPO companies a lot, and Coca-Cola is def on the list of ones I can generally ignore. But when the company sends out a hand-wringing press release about how awesome they are f

Terra creator Do Kwon faces prosecution in South Korea

Do Kwon, the creator of the stablecoin TerraUSD (UST) and its sister token Luna, is facing legal prosecution in South Korea over the collapse of the two coins that wiped out billions of dollars from i

Galley Solutions turns kitchen chaos into recipe for streamlined operations

The company’s technology is a kitchen productivity tool that focuses on core recipe data, and the purchasing and inventory aspects stem from that.

How to earn a shot at $100,000 in equity-free funding at TechCrunch Disrupt

Most folks enjoy a good how-to — they’re useful, and they can make life a little easier. This is not a good how-to. This one’s a life-changer. Just imagine what $100,000 of equity-free funding c

Fears grow for smaller nations after ransomware attack on Costa Rica escalates

The Russia-linked ransomware gang demanded $20 million in ransom — and the overthrow of Costa Rica's elected government. Where does that leave smaller, equally vulnerable nation states?
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