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India won’t enforce market share cap on UPI until 2025 in a win for Google and Walmart

India won’t enforce a cap on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising move that analysts say is a major a win for Google P

LineupSupply updates its app to generate Instafest-styled posters via your Spotify

In the last week or so, a web app named Instafest went viral. Instafest lets you generate festival posters from your Spotify listening history. Millions of people started generating their own festival

Shein jumps on the third-party brandwagon with Alibaba veteran

Shein, the ultra-fast fashion giant that’s taken the globe by storm, has brought on another heavyweight executive to help steer its ship. It lately onboarded Jessica Liu, former co-president at

Twitter-backed ShareChat to shut down fantasy sports app Jeet11, eliminate some jobs

Indian social media startup ShareChat, backed by Twitter, Tiger Global and Temasek, is shutting down its fantasy sports platform Jeet11 and has laid off some employees. People familiar with the matter

Kenya’s Uncover raises $1M to expand skincare product enterprise across Africa

Africa’s beauty and personal care market is growing accelerated by its growing young and fashion conscious population, increasing spending power, and urbanization. The market’s potential has in re

Mozilla acquires Active Replica to build on its metaverse vision

An automated status updater for Slack isn’t the only thing Mozilla acquired this week. On Wednesday, the company announced that it snatched up Active Replica, a Vancouver-based startup developin

Elon Musk suspends Kanye West’s account for breaking Twitter rules

Elon Musk has suspended Kanye West’s (aka Ye) Twitter account after the latter posted antisemitic tweets and violated the platform’s rules. In a reply to Mega founder Kim Dotcom, Musk clar

Tesla reveals long-awaited Semi Truck and begins first deliveries

Tesla delivered Thursday evening the first production versions of its long-delayed electric semi truck five years after CEO Elon Musk revealed the commercial vehicle. The first Tesla Semi trucks were

This secondary markets expert says we haven’t hit bottom yet

Earlier today, we talked with Phil Haslett, the cofounder and now chief strategy officer of EquityZen, a 10-year-old, New York-based secondary marketplace that connects accredited buyers with privatel

Boundary Layer pivots from container ships to hydrofoiling personal watercraft

Boundary Layer, which was gunning for local air freight, and announced a slew of launch partners earlier this year, today announced a shift in strategy, with some high-performance foiling personal wat

To da moon: Emm aims to innovate on the menstrual cup

Menstrual cups (sometimes known as “moon cups”) have been around since the 1930s, and it’s been a bloody long period since we’ve seen much innovation in that category. Emm just

Rocket Lab carves off defense-focused subsidiary for national security customers

Launch provider Rocket Lab is establishing a subsidiary to handle its sensitive U.S. government business, like launching spysats and experimental military spacecraft. Rocket Lab National Security LLC

What’s a Twitter user to do?

In the older days of the web, an app called Trillian emerged to solve the problem of allowing users to connect to their friends across multiple messaging services, like AIM, Jabber, Yahoo! Messenger,

While anticipation builds for GPT-4, OpenAI quietly releases GPT-3.5

Released two years ago, OpenAI’s remarkably capable, if flawed, GPT-3 was perhaps the first to demonstrate that AI can write convincingly — if not perfectly — like a human. The succe

Meet the early-stage startups exhibiting at TC Sessions: Space

The technological advances happening within the space industry are nothing short of dramatic — from propulsion systems, heavy-lift rockets and increased payload capabilities to building commercial s

Now AI can outmaneuver you at both Stratego and Diplomacy

While artificial intelligence long ago surpassed human capability in chess, and more recently Go — and let us not forget Doom — other more complex board games still present a challenge to computer

Daily Crunch: SBF says he’s ‘had a bad month,’ but is he really giving us the full story?

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

Hyundai-backed AV startup Motional cuts workforce

Motional, the Aptiv-Hyundai joint venture developing autonomous vehicle technology, cut its workforce this week — the latest example of layoffs in the AV industry and more broadly in the tech sector

Monarch delivers its first robot tractor

Monarch Tractor this morning announced the delivery of its first MK-V unit. The “smart tractor” is electric and what the Bay Area-based company refers to as “driver optional” (terms like “au

Tesla offers $3,750 discount for Model 3, Model Y deliveries in December

Tesla is offering Model 3 and Model Y buyers in the U.S. a $3,750 credit if they have their vehicle delivered in December 2022, according to an update on the company’s inventory page and several
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