The Latest from Lucas Matney
In search of a new crypto deity
Hello friends, and welcome back to Week in Review! Last week, I wrote about tech taking on Disney. This week, I’m talking about the search for a new crypto messiah. If you’re reading this on t
Facebook buys studio behind Roblox-like Crayta gaming platform
Facebook has been making plenty of one-off virtual reality studio acquisitions lately, but today the company announced that they’re buying something with wider ambitions — a Roblox-like ga
Twitter starts rolling out Birdwatch fact checks inside tweets
Twitter is looking to crowdsource its way out of misinformation woes with its new product Birdwatch which taps a network of engaged tweeters to add notes to misleading tweets. Today, Twitter announced
SoftBank-backed construction giant Katerra said to be shutting down after raising billions
After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Informatio
Ditto raises $1.5 million to help teams collaborate on copy
Even as remote software uptake has boomed during the pandemic, certain workflows have gotten prioritized for specialized toolsets while other team members have been left piecemealing their productivit
Venrock’s Camille Samuels is joining us to judge Startup Battlefield at Disrupt 2021
The team at TechCrunch is preparing for another epic Startup Battlefield competition this year at Disrupt 2021 on September 21-23, and we’re assembling a superstar team of judges that will choos
Augmented reality NFT platform Anima gets backing from Coinbase
Augmented reality and non-fungible tokens, need I say more? Yes? Oh, well NFTs have certainly had their moment in 2021, but the question of what they do or what can be done with them has certainly bee
Dapper Labs backs art hardware startup Infinite Objects in $6 million seed raise
The NFT world is all about reshaping the idea of digital ownership, but art hardware startup Infinite Objects sees a big opportunity in making physical copies of those assets as it looks to reshape di
Decentralized Komorebi Collective launches to back female and nonbinary crypto founders
As decentralized currencies have taken off in recent months, there’s been renewed attention around DAOs, or Decentralized Autonomous Organizations, as a means of bringing together groups of inve
Snap announces a new generation of Spectacles, streamlined glasses to experience the world in AR
Amid a pre-recorded Partner Summit where Snap took users through a whole set of new tools for Snapchat users, creators and companies, Snap also threw in a “one more thing” at the end that
Snap emphasizes commerce in updates to its camera and AR platforms
At Snap’s Partner Summit, the company announced a number of updates to the company’s developer tools and AR-focused Lens Studio, including several focused on bringing shopping deeper into
Snap brings partner-centric Layers to its social map used by 250 million people
Snap wants users to get a more personal view of the world around them. While products like Google Maps and Apple Maps have long-relied on data partners to juice the quality of their contextual insight
Bitcoin crashes as investors fear crypto bull market could be nearing its end
Bitcoin, Ethereum and a host of Altcoins suffered massive drops Tuesday night and Wednesday morning, erasing months of gains and hundreds of billions in market cap. The overall crypto market shrunk mo
Facebook VR exec Hugo Barra is leaving
Four years after joining as Facebook’s first VP of VR, ex-Xiaomi exec Hugo Barra has left the company, he said in a social media post Tuesday. Barra led Facebook’s VR efforts during a part
Gucci brings digital items and experiences to Roblox in new partnership
As gaming platforms capitalize on pandemic-fueled traffic to their digital worlds, brands that drive culture in the physical world are fighting to ensure they don’t miss any new opportunities. A new
Elon Musk giveth and taketh away
Hello friends, and welcome back to Week in Review! Last week, I wrote about Facebook’s never-ending Trump problem. This week, I’m looking at Elon Musk’s wild week of whipping crypto
Substack acquires team from community consulting startup People & Company
New media poster child Substack announced today that they’ve added a small community-building consultancy team to its ranks, acquiring the Brooklyn-based startup People & Company. The small
After another canceled year in the desert, Burning Man plans for a virtual event
Last month, the organization behind Burning Man announced that the festival/experience would not be returning to the desert of Nevada this year due to the COVID-19 pandemic and would instead be attemp
CryptoPunks NFT bundle goes for $17 million in Christie’s auction
A lot of 9 CryptoPunks portraits ended up selling for just under $17 million in a Christie’s auction Tuesday evening, marking another substantial moment for NFT art sales. The lot of pixelated p
eBay embraces NFTs
eBay is joining the NFT frenzy, telling Reuters today that going forward it will allow the sales of NFTs on its platform, a mainstream embrace that follows billions of dollars in NFT purchases over th