Crypto-friendly bank Silvergate to wind down after FTX blow-up

Silvergate Capital Corporation, the holding company of crypto-focused Silvergate Bank, announced Wednesday its intent to wind down operations and voluntarily liquidate the banking unit. The move came

Wattpad lays off 15% of its staff, blames changing economic environment

Challenging economic conditions are affecting companies of all sizes, resulting in job cuts. Storytelling platform Wattpad announced Tuesday that it has laid off 42 of its 267-people workforce — tha

Houseware launches out of stealth to help SaaS companies optimize revenue using data

Using data to make better decisions faster helps startups in the crowded SaaS space improve product development, identify hidden market opportunities and complete work with fewer false steps, importan

QuantWare raises €6M to scale its quantum processor business

QuantWare, the Dutch startup that builds quantum processors for research and commercial usage, today announced that it has raised a €6 million seed round (that’s about $6.33 million) led by Du

Envisics raises $50M at a $500M valuation for its in-car holographic tech

The automotive industry is starting to show some signs of recovery after a big contraction during the COVID-19 pandemic, and carmakers planning for the next five years are looking at what new feature

Faraday Future on track to start production of FF 91 this month if funds come through

Faraday Future said Wednesday it plans to start production of its all-electric FF 91 Futurist SUV at the end of March after years of delay, lack of capital and internal drama that threatened the compa

Comedian Hasan Minhaj returns as The Riddler in new Spotify podcast series

Among the wave of Spotify announcements coming out of today’s Spotify Stream On event, the company shared some exciting news with podcast listeners — in particular, Batman fans. Spotify is lau

Daily Crunch: Twitter CEO expresses regret after using his platform to call disabled employee ‘the worst’

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Ant veteran turns to NFT verification for SXSW festival VIP feast

As funding into web3 projects cools down during the crypto winter, startups in the space are increasingly focused on building bridges for mass adoption and exploring revenue opportunities to stay aflo

Netflix now lets TV viewers customize text for subtitles and closed captions

Starting today, Netflix is giving TV users the option to customize the size and style of subtitles and closed captions. This update gives subscribers the ability to choose from three sizes — sma

TikTok begins blocking links to app store pages from creators’ bios

TikTok has begun blocking links to app stores in creators’ bios, TechCrunch learned and the company confirmed. The block, which will have significant impact on CPI (cost per install) campaign deals

Today’s startups should terrify you

A steady stream of new startups pitch their ideas, concepts, products and services on a daily basis to TechCrunch reporters: Startups that claim to predict when employees might want to leave for a new

Relativity scrubs first Terran 1 launch attempt

Relativity Space called off the first launch attempt of the Terran 1 rocket a little over a half hour before the close of the launch window, joining every other space company in history in not launchi

Better.com’s SPAC gets a lifeline but remains on life support

It's looking less likely that digital mortgage lender Better.com will go public via a SPAC combination with Aurora.

Hear why Kleiner Perkins went all in on Arianna Huffington’s Thrive Global on TechCrunch Live

The best part of TechCrunch Live is that we grab folks who we chat with privately and bring those conversations to you as they happen. It’s a great way to tear the curtain back a bit and get unvarni

Spotify is revamping its podcaster tools, including Anchor, and is partnering with Patreon

In addition to news related to its mobile app’s revamp and the introduction of TikTok-style music and podcast discovery feeds, Spotify announced podcast-focused news at its Stream On event in LA

UK takes another bite at post-Brexit data protection reform — with ‘new GDPR’

Turns out the UK government, under current prime minister Rishi Sunak, is not replacing the GDPR, as Michelle Donelan, his secretary of state for science, innovation and technology, implied last Octo

Spotify introduces Countdown Pages and its own Stories feature

It’s not just TikTok Spotify is taking inspiration from with its app’s redesign, the company also announced today new features inspired by YouTube and other social platforms, like Instagra

Spotify debuts new growth and discovery tools for artists, merch and live events

At Spotify’s Stream On event today, the company introduced new tools to help artists on the streaming service build an audience and grow. Spotify showcased a suite of tools to help artists find fans

Wonder Dynamics puts a full-service CG character studio in a web platform

The tools of modern cinema have become increasingly accessible to independent and even amateur filmmakers, but realistic CG characters (like them or not) have remained the province of big-budget proje
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