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The Latest
Indonesian audio content platform NOICE gets $22M Series A
8:53 pm PDT • April 19, 2022
NOICE, an Indonesia audio content startup, has raised $22 million in Series A funding led by Northstar, with participation from returning investors Alpha JWC Go-Ventures and Kinesys. NOICE is different…
Hardware
A camera battery with a built-in USB-C charger wins today’s ‘I didn’t know I needed this’ prize
4:18 pm PDT • April 19, 2022
I have 600 hundred USB-C chargers everywhere; in my car, next to my bed, in my bathroom, in the garage, in my camera bag. Do you know what I never…
Are you looking to buy a folding smartphone? Do you want it to be Pokémon-themed? And do you live in South Korea? If all those stars are aligned just right,…
Media & Entertainment
Netflix says it will eventually charge more if you share your account
3:39 pm PDT • April 19, 2022
In light of Netflix’s concerning subscriber losses, the company announced today during its first-quarter earnings call that it will expand its test that charges members a higher price if they’re…
Media & Entertainment
Netflix to introduce ad-supported plans in a major shift
3:30 pm PDT • April 19, 2022
Netflix plans to offer cheaper, ad-supported tiers to consumers over the next year or two, the world’s largest on-demand video streaming service said Tuesday, as it looks to boost its…
Venture
Daily Crunch: Since December 2021, Better.com has laid off nearly half of its workforce
3:30 pm PDT • April 19, 2022
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Media & Entertainment
Lyft follows Uber’s lead and removes its mask mandate
3:09 pm PDT • April 19, 2022
Despite the ongoing COVID-19 pandemic, face masks are no longer required for Lyft riders and drivers. Yesterday, Florida federal Judge Kathryn Kimball Mizelle voided a federal mask mandate on transportation,…
Venture
A $30 million fund backed by dozens of VIPs aims to bolster founders of Asian descent
2:49 pm PDT • April 19, 2022
Four years ago, a nonprofit collective called Gold House was formed to advance the interests — and safety — of people of Asian and Pacific Islander descent in the U.S.…
Media & Entertainment
TechCrunch+ roundup: VC ‘bottom feeders,’ valuation calculator, think like an investor
2:40 pm PDT • April 19, 2022
Farmers don’t get embarrassed when the price of corn drops; similarly, there’s no reason for startup founders to lose their joy because publicly traded tech stocks are undercutting their valuations.
Transportation
Lyft doubles micromobility footprint with PBSC acquisition
2:06 pm PDT • April 19, 2022
Lyft has signed an agreement to acquire PBSC Urban Solutions, a Canadian supplier for bikeshare equipment and technology, in a move that the company says will double its scale in…
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Netflix shares down more than 20% after losing 200,000 subscribers in first quarter
1:55 pm PDT • April 19, 2022
Concerning news from Netflix’s earnings today. The streaming service reported that in the first quarter of 2022, it lost 200,000 subscribers — its first subscriber loss in over a decade.…
Enterprise
Under intense activist investor pressure, Zendesk could be looking at possible sale
12:35 pm PDT • April 19, 2022
It’s been tough times for Zendesk, which has been fending off Jana since the end of last year, when the activist investor began to send the company, which focuses on…
Startups
Evok Innovations raises a fund to put industrial decarbonization into high gear
11:48 am PDT • April 19, 2022
Silicon Valley has gotten fantastically efficient at funding apps, SaaS and developer tools. It turns out, though, that climate change cares a lot less about bits, bytes and stored procedures…
Media & Entertainment
Disney+ glitch is causing missing episodes for fan-favorite series
11:36 am PDT • April 19, 2022
Disney has confirmed an issue impacting its Disney+ service that led to missing episodes for a number of popular series on its service, including those from its Disney, Pixar and…
Startups
Salesforce and Twitter are both lucky their purported $20B deal failed in 2016
11:30 am PDT • April 19, 2022
What if history gone a bit differently and Salesforce had bought Twitter in 2016? We spoke to some analysts who cover the CRM industry to get their thoughts.
Climate
Oklo’s Caroline Cochran and Swell’s Suleman Kahn talk scaling alternative energy at TC Sessions: Climate
10:30 am PDT • April 19, 2022
Stopping the dire pace and consequences of climate change requires a diverse range of climate technologies across multiple fronts, and alternative energies play an essential role. However, changing the way…
Media & Entertainment
Instagram test removes ‘Recent’ tab from hashtag pages for some users
10:28 am PDT • April 19, 2022
Instagram is removing the ‘Recent’ tab on hashtag pages for some users as part of a small test, the company announced on Tuesday. Currently, when you select a hashtag, you’re…
Startups
SaaS demo platform Demostack raises $34M to expand to new markets
10:20 am PDT • April 19, 2022
Demostack, a San Francisco, California-based startup creating a “demo experience” platform for software-as-a-service (SaaS) sales teams, today announced that it raised $34 million in a Series B round led by…
As usual, it’s been a dramatic quarter for Tesla. Tesla, which will announce its first-quarter financial results Wednesday, has benefited from a global surge in consumer demand for electric vehicles…
Featured Article
GoTo’s debut shows the global IPO window is not entirely closed
A large initial public offering took GoTo public in Indonesia. Given the generally chilly global IPO climate, and the fact that GoTo managed to float without sinking, The Exchange got curious.
9:47 am PDT • April 19, 2022
