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Rivian hires a new COO amid other leadership and organizational shifts

Rivian has hired a new chief operating officer to lead the restructuring and alignment of its operations, the automaker said Thursday. Frank Klein will join the company on June 1 as Rivian’s new COO

Snapchat rolls out new ‘Shared Stories’ feature to make it easier to share memories

Snapchat is rolling out a new “Shared Stories” feature that is designed to make it easier for users on the app to collaborate and share memories. The feature is a new iteration of the app&

What’s the TAM for paid newsletters?

While Substack was correct that it had identified a niche worth exploiting, it may not be a market slice that is amenable to venture-speed revenue expansion.

TechCrunch Podcasts this week: Scaling web3, bulls and bears, falling tech valuations and UFOs

TechCrunch is more than just a site with words. We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. To help y

A ping-pong match between bulls and bears

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Happily we were once again at full strength this week, with Al

Manish Maheshwari, former Twitter India head, leaves new startup

Manish Maheshwari, the former head of Twitter India, is leaving the startup he co-founded just six months ago following disagreements with co-founder and investors. “I am moving out of Invact to

Joywell Foods raises $25M to bring sweet proteins to market

Joywell uses a proprietary microbial fermentation process to produce sweet proteins that are nearly identical to those found in exotic fruits and berries.

Indian fintech Jar eyes $50 million investment

Indian fintech Jar, which closed a $32 million financing round in February this year, is in talks to raise new funding as it looks to scale its product and expand its offerings. The Bengaluru-headquar

FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that distributed ledger technology has the potential to play oth

Report: Substack, the highly hyped newsletter platform, has ditched plans for a Series C

Substack, the five-year-old newsletter platform that has aggressively positioned itself as a disruptive force in media, has abandoned efforts to raise a Series C round, The New York Times is reporting

After buying Bungie, Sony goes all in on live service games

After buying Bungie earlier this year, Sony is moving fast to integrate the company’s expertise into its broader vision. In an investor presentation Thursday, Sony Interactive Entertainment CEO

Canon takes another stab at the mirrorless market, with R7 and R10

Camera giant Canon has had an impressive SLR camera lineup since the mid-’70s and has made a successful transition from film-based SLR cameras to the digital realm. The company has been less suc

Daily Crunch: In one of the largest tech deals ever struck, Broadcom will buy VMware for $61B

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

Foursquare founder banks funding for mystery 3D social network startup

The excitement around web3 and the metaverse have pulled plenty of entrepreneurs who defined the first generation of native mobile apps to begin questioning what’s next. Foursquare founder Denni

Meta and Google’s Gradient back LatAm startup OlaClick

More than 80% of food delivery orders in Latin America are still made over phone calls and settled with cash. OlaClick, a young startup that is helping these restaurants sell online and collect money

A look at the nine teams that just presented at Pear’s latest demo day

TechCrunch has been covering the demo days of the seed-stage venture firm Pear VC since 2015. (There we are in the front row in 2016, surrounded by investors, typing away.) A few things have remained

Longtime Bitcoiner Dan Held says this ‘crypto winter’ won’t be as harsh as others

Even though there is lots of talk of a crypto winter, Dan Held, director of growth marketing at crypto exchange Kraken, said the sentiment for this current market cycle is different.

Making room at the cap table: A new plan for promoting diversity in tech

As it turns out, we don’t just have a diversity problem in tech employment. We have a diversity problem in tech investment as well.

Disney+ releases trailer and premiere date for latest ‘Star Wars’ series ‘Andor,’ starring ‘Rogue One’ rebel hero

Disney+ released its first trailer for the upcoming series “Andor,” a prequel to “Rogue One.” It will premiere on the service on August 31 with two episodes to start. In total, the series will

Does WeWork’s Adam Neumann really deserve his second chance?

Plenty of entrepreneurs have used the crypto boom to plot the next step of their Silicon Valley character arcs, but few of them have an active television series chronicling their misdeeds. This week,
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