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Wayfair to layoff 5% of its workforce, or nearly 900 employees

Wayfair, the online home goods retailer, announced today it was laying off close to 900 employees as a way to reprioritize investment needs and meet the company’s current needs. This comes after the

TechCrunch+ roundup: How VC really works, longevity investor survey, choosing your angel

“Venture capital” is semantically equivalent to “dangerous money,” which is part of its mystique.

Lucid launches new EV performance brand with a three-motor $249,000 sedan

Lucid Group, the publicly traded EV manufacturer, has launched a new high-performance luxury brand called Sapphire that pushes the bounds of performance and price. As part of the public debut, which o

Faire and Forerunner get real about retail at TC Disrupt

Faire, an online marketplace that gives local retailers a way to buy wholesale from independent brands around the world, launched in 2017. That means the company, recently valued at $12.59 billion, ha

a16z’s fintech leads say ‘Silicon Valley is becoming unbundled’

Last month, Andreessen Horowitz — one of venture capital’s largest and most prominent players — announced that its “headquarters will be in the cloud” going forward. Founded in 2009

Rivian has dropped its cheapest trim level due to low customer demand

Rivian is discontinuing the cheapest trim level of its all-electric truck and SUV known as the Explore package due to low demand, according to emails sent this week to customers. The company said in t

Safeheron secures $7M to make private keys safer for crypto wallets

Crypto enthusiasts promise to build a decentralized money system that allows people to freely trade without any intermediary intervention. It’s a rosy picture, but recent events of security vuln

Go mining for opportunity at TC Sessions: Crypto

Mining cryptocurrency is no easy task, but neither is finding a co-founder who is savvy and resilient enough to withstand the sector’s volatile nature. Whether you’re mining for a co-founder or yo

What happens when a Black founder is ousted?

Defending an ousted Black founder is not a denial of the wrong, but an ask for empathy in the quest to get it right.

Snap, HBO Max partner to launch AR experiences for ‘House of the Dragon’ premiere

To celebrate the premiere of HBO’s highly anticipated “Game of Thrones” prequel, “House of the Dragon,” HBO Max is partnering with Snap to give users access to in-app AR

Will your company cut your benefits or your co-workers first?

 Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Natasha was joined by TC+ reporter Rebecca Szku

DoorDash is ending its delivery partnership with Walmart

DoorDash is ending its partnership with Walmart after more than four years of delivering the retail giant’s products to customers. The news was first reported by Business Insider. Sources famili

Zūm founder strikes balance between accessibility and a massive logistics network

As part of our ongoing series of interviews with transportation founders, we sat down with Zūm founder Ritu Narayan to catch up on the past year.

After CNN+ shutdown, Discovery+ adds a CNN Originals hub to its US service

Today, Discovery+ subscribers in the U.S. get access to more than 800 episodes of CNN content through a dedicated CNN Originals hub. The network’s three brands — CNN Original Series, CNN Films

How W4 plans to monetize the Godot game engine using Red Hat’s open source playbook

A new company from the creators of the Godot game engine is setting out to grab a piece of the $200 billion global video game market — and to do so, it’s taking a cue from commercial open

Andreessen, Atlántico, MAYA Capital add some dough to Fudo’s restaurant tech recipe

The independent restaurant customer, most likely adopting restaurant operation technology for the first time, is who Fudo is targeting.

Indian fintech Uni to suspend card services amid central bank’s guidelines

Indian pay-later cards startup Uni plans to temporarily suspend its card services in the South Asian market following the local central bank’s guidelines on digital lending, it said in a notice

Massdriver wants to abstract away infrastructure to let devs focus on coding

Modern DevOps turned back the clock on agile software development. Them’s fighting words, but they’re words Cory O’Daniel, the CEO of Massdriver, stands by. From his point of view, e

Law Commission proposes revolutionary rules for ownership of crypto tokens and NFTs

There is a major earthquake happening in the sphere of digital assets, which is expected to create shockwaves that will impact tech not only in the real world but also in the metaverse.

TikTok’s in-app browser could be keylogging, privacy analysis warns

‘Beware in-app browsers’ is a good rule of thumb for any privacy conscious mobile app user — given the potential for an app to leverage its hold on user attention to snoop on what yo
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