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India’s Moglix valued at $2.5 billion in new funding

Moglix has more than doubled its valuation to about $2.5 billion in just eight months as the Indian industrial business-to-business marketplace aggressively scales its offering in many parts of the wo

Edtech startups flock to the promise and potential of personalized learning

The rise of remote instruction left many parents freshly aware of (and annoyed by) the shortcomings of Zoom school, but for Letha McLaren, COVID-19 brought an epiphany: the importance of a headset.

Crossover investors are turning their focus to public stocks, says crossover investor

A lot of public market investors began elbowing their way into the world of venture-backed startups roughly a decade ago, and the ripple effects have been obvious. Think faster funding rounds across t

Amazon must pay $2M and end program after price-fixing investigation by Washington AG

Amazon must pay $2.25 million and permanently shut down a previously suspended sales program, following an investigation and lawsuit by the attorney general of Washington alleging it was essentially p

Daily Crunch: 4 years after launch, fintech platform Esusu saddles unicorn with $130M Series B

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

Google Play is getting an ‘Offers’ tab to display deals on games and apps

Google Play is introducing a new “Offers” tab to help users discover deals on games and apps, Google announced on Thursday. The company says the tab will surface deals across travel, shopping, med

Apple hits record revenue as iPhone sales defy supply chain shortages

After ditching guidance at the beginning of the pandemic, Apple had plenty of reason to smile as it reported its single-largest quarterly revenue. Even in the face of pandemic uncertainty and supply c

Let’s make the teen Tesla hack a teachable moment

EVs are fun. They are superbly connected, constantly updated and offer a great user experience, but they are cars, not mobile phones. Hacking into vehicles endangers driver safety and privacy.

Latest Apple OS betas deliver Face ID with a mask and Universal Control

Apple just dropped a bunch of new OS betas, bringing a pair of long-awaited features. IOS Beta 15.4 delivers the ability to unlock your phone with Face ID while wearing a mask (really upper-Face ID, i

New modes of ownership: From torrents to music NFTs

Let’s take a breath and give creators room to explore this new space. And if IP law helps protect the new things that are being built, let’s applaud that.

Web3’s early promise for artists tainted by rampant stolen works and likenesses

Jillian C. York didn’t want to be a non-fungible token. A Berlin-based author and activist, York is also the director for International Freedom of Expression at the Electronic Frontier Foundation. F

Atlassian acquires Percept.AI

Atlassian today announced that it has acquired Percept.AI, an AI company from Y Combinator’s summer 2017 batch that offers an automated virtual agent support solution — a chatbot, basicall

TikTok is confronting Holocaust misinformation, but antisemitism persists

In honor of International Holocaust Remembrance Day, TikTok launched a portal on its Discover page this morning, intended to educate users about the historic catastrophe, as well as the ongoing threat

European, North American edtech startups see funding triple in 2021

Brighteye Ventures' 2021 funding report, released today, highlights key global growth and activity metrics in edtech with a focus on Europe.

Laparoscopic surgery performed by a robot without human assistance

Researchers at Johns Hopkins this week issued a report noting that their Smart Tissue Autonomous Robot (STAR) system has completed laparoscopic surgery on a pig tissue without human guidance. The surg

The robotic arm of the law

It’s hard to know where to start this week. Any temporary slowdown we might have experienced over the holidays has been wiped away. Once again, we find ourselves knee deep in robotics news, like the

Facebook reportedly ditches Diem stablecoin with asset sale

The Diem Association, a consortium of companies working on a blockchain-based payment system, is selling its technology assets to Silvergate Capital for $200 million, according to a report from the WS

Here’s how far VCs have lowered revenue expectations for seed through Series B

This is what a founder-friendly market looks like, turbocharged during a unique economic period.

FTC: US consumers lost $770 million in social media scams in 2021, up 18x from 2017

A growing number of U.S. consumers are getting scammed on social media, according to a new report by the Federal Trade Commission (FTC), which revealed that consumers lost $770 million to social media

Quan raises $1.15M from YC to tackle post-pandemic employee burnout

With post-pandemic burnout on the rise, the shift to remote working, and the “Great Resignation” now passing into the lexicon, companies are struggling to hold onto talent. Culture platfor
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