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Daily Crunch: ‘The bitcoin network is not a payments network,’ says FTX CEO Sam Bankman-Fried

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

Rivian founder RJ Scaringe snaps up $1M worth of EV maker’s stock

Rivian founder and CEO RJ Scaringe bought 41,000 shares of company stock worth about $1 million, a securities filing posted Monday afternoon shows. Scaringe now holds 169,175 shares of direct stock wo

iOS 15.5 brings new Apple Cash update that lets you send and request money directly in Wallet

Apple users can now request and send money from their Apple Cash card directly through the Wallet app with the launch of iOS 15.5. The company notes that to request or send money directly from Wallet,

Max Q: Near and far

Kolkata Chai’s next cup includes a taste of venture funding

Co-founded by brothers Ani and Ayan Sanyal, Kolkata Chai wants to be “the place to get good chai” in the United States. It’s a big market. The Sanyal brothers estimate the national tea market re

Fall Guys is going free-to-play, coming to Switch and Xbox on June 21

Battle royale platformer Fall Guys: Ultimate Knockout is going free-to-play and is coming to Xbox, Nintendo Switch and the Epic Games Store on June 21st, developer Mediatonic announced on Monday. The

Ballooning US EV registrations raise opportunities for startups

Surging EV adoption is certain to drive even more opportunities for startups to capitalize on the sector's growth.

Prusa buys 3D-printer seller Print Solid to expand US footprint

Lots going on in the world of desktop 3D printers — that’s not a sentence I thought I’d be writing anytime soon. Days after MakerBot and Ultimaker announced merger plans, one of the companie

There are no easy answers for tech in the aftermath of the Buffalo tragedy

As a gunman wrought terror in a Buffalo, New York supermarket over the weekend, the violence was, yet again, streamed live online. The latest U.S. mass shooting left 10 people dead and raised familiar

Rivian says pricing dispute with seat supplier threatens Amazon van program

Rivian filed a complaint against Commercial Vehicle Group, alleging that the supplier violated a contract and nearly doubled prices on a custom seat package bound for the electric vans its producing f

Start up solo, or bring on a co-founder? 4 factors to consider

While the data show solo founders raise more funding, a holistic approach to understanding your gaps and how to fill them is imperative.

Twitter CEO and Elon Musk clash over bot-battling metrics

Twitter is full of bots, this much we know. But how full, and what kinds of bots? With estimates ranging from Twitter’s own “under 5 percent” to independent researchers suggesting 20

Melbourne-based Blinq wants to make paper business cards obsolete

Business cards feel almost as outdated as Victorian calling cards, but they are still a networking staple. Melbourne-based Blinq wants to do away with them altogether. The app generates a QR code that

Sony confirms its new PlayStation Plus tiers will launch on June 13, reveals list of games

Sony announced today that its revamped PlayStation Plus gaming subscription tires will launch in the United States on June 13th. The new PlayStation Plus tiers offer a similar to Microsoft’s Xbo

Flexxbotics puts work-cell manufacturing on cloud nine

In manufacturing — and especially in the space of contract manufacturing, where production lines are reconfigured to suit the product that’s being built — we’ve seen a prevaili

Google faces fresh class action-style suit in UK over DeepMind NHS patient data scandal

Google is facing a new class-action style lawsuit in the UK in relation to a health data scandal that broke back in 2016, when it emerged that its AI division, DeepMind, had been passed data on more t

Apple TV+’s ‘For All Mankind’ season three trailer drops, teasing a space race to Mars

Apple TV+ released the trailer for season three of “For All Mankind,” which returns to the service on Friday, June 10, featuring ten weekly episodes. By altering historical events, the dra

Yes! More tickets released for TechCrunch’s Annual Summer Party next month

Get ready for summer in the city, TechCrunch style. We just released a second round of tickets to our Annual Summer Party happening this June. Available on a first-come, first-served basis, tickets to

Keelvar raises $24M to automate procurement in the supply chain

Keelvar closed a $24 million Series B funding round led by 83North with participation from Elephant, Mosaic, and Paua.

Dusty’s construction robots raise another $45M

Another sizeable funding round for Dusty Robotics this month. The Bay Area firm announced a $45 million Series B. The round, led by Scale Venture Partners, is a quick follow-up to last June’s $16.5
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