Amazon has launched a QVC-style livestream shopping in India, broadening its offerings in the key overseas market where it has deployed over $6.5 billion to win customers. The company on Friday quietl
This year, around 3.2 billion people — or about 40% of the world’s population — will play games, with total spending nearing $200 billion, estimates industry researcher Newzoo. The p
When it comes to the decentralized world of crypto, few single entities loom larger or carry more weight in the industry than exchange behemoth Binance. The blockchain giant processed $34 trillion in
The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, according to a re
Alex Wiltschko has what he thinks is a big idea. He wants to build a company that digitizes scent. It’s a natural step for Wiltschko, who has a PhD in neurobiology from Harvard, where he studied
A new, particularly juicy document has surfaced in discovery leading up to the Elon Musk v. Twitter trial, slated to take place in a few weeks. Behold: a trove of texts between Musk and key figures at
Google Colaboratory (Colab for short), Google’s service designed to allow anyone to write and execute arbitrary Python code through a web browser, is introducing a pay-as-a-you-go plan. In its f
Welcome back to Found, where we get the stories behind the startups. When Phil Libin co-founded Evernote he spent tons of money making the perfect working environment with chic offices, a shuttle b
Truepill, a platform that helps other companies offer diagnostics, telehealth services and prescriptions, has conducted its fourth layoff of the year. Sources say the layoff impacted around 65% of the
SpaceX and NASA have signed a new agreement to study the feasibility of sending a commercial crew in a SpaceX Dragon to boost the orbit of the Hubble Space Telescope. If completed, the mission could e
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
A group of House Democrats has unveiled a new bill that aims to put limits on the use of facial recognition technologies by law enforcement agencies across the United States. Dubbed the Facial Recogni
Satellites in low Earth orbit can’t linger too long after they’ve finished what they went there to do, according to new rules passed by the FCC today. Now there’s a five-year limit o
It’s demo day season. This morning marked the kickoff of VC firm 500 Global’s Fall 2022 Demo Day, which saw over a dozen startups give their best pitches to prospective investors — a
Meta’s researchers have made a significant leap in the AI art-generation field with Make-A-Video, the creatively named new technique for — you guessed it — making a video out of nothing but
After a decade of explosive growth, the company formerly known as Facebook is planning to trim down. Bloomberg reports that Meta CEO Mark Zuckerberg announced plans to freeze hiring and restructure so
Twitter is adding new features to make it easier for users to watch and discover videos on its platform, the social network announced on Thursday. Most notably, the company is launching a scrollable T
Seeing significant M&A activity and repricing in the public insurtech cohort left us wondering about their private peers: Are the same trends at play, and to what extent?
The insurtech market has had a rough time this past year, so we reached out to 8 investors to find out where insurtech is headed in Q4.
Here’s a question for you: How seriously should we take Amazon’s home robotics play? Perhaps a better way of framing it is: When do we take Amazon’s home robotics play seriously? I realize these