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Bird’s plan to stay in the shared scooter game

Bird CEO and president Shane Torchiana predicts a major consolidation in the industry, with two or three companies coming out on top. Bird, he said, has a chance to be one of those companies.

When one door closes … Opendoor CEO Eric Wu steps down, CFO Carrie Wheeler steps in as new chief executive

Opendoor co-founder Eric Wu announced today that he is stepping down from his role as CEO of the real estate technology company and that Carrie Wheeler will be taking over as chief executive. In a blo

Florida state tax website bug exposed filers’ data

A security flaw on the Florida Department of Revenue website exposed at least hundreds of taxpayers’ Social Security numbers and bank account numbers, a security researcher found. Kamran Mohsin

Google shuts down Duplex on the Web, its attempt to bring AI smarts to retail sites and more

Google is shutting down Duplex on the Web, its AI-powered set of services that navigated sites to simplify the process of ordering food, purchasing movie tickets and more. According to a note on a Goo

Q&A: ‘Better Venture’ authors on why VC has failed to reinvent itself

"Better Venture" serves as a guide for those looking to increase diversity, equity and inclusion in the venture space.

Google is testing end-to-end encryption for group chats in the Messages app

Google said today it is testing end-to-end encryption for RCS-based group chats on its Messages app — RCS stands for Rich Communication Services. The company noted that in the coming weeks it will b

Stripe announces fiat-to-crypto onramp widget

Payment giant Stripe is going to offer a new product that makes it easier to hold cryptocurrencies without signing up to a cryptocurrency exchange. The company’s new fiat-to-crypto widget can be emb

Box reaches $1B run rate in spite of a quarter dogged by currency challenges

Box launched in 2005 out of a dorm room. This week, after 17 years in business, the SaaS company reached a $1 billion run rate.

GoStudent uses its warchest to acquire large network of traditional tutoring centres in Europe

GoStudent — the Austria-based late-stage tutor marketplace that has raised $686.3 million (and attained a €3 billion valuation) to date — has acquired Germany-based Studienkreis, a traditional t

FBI, CISA say Cuba ransomware gang extorted $60M from victims this year

The Cuba ransomware gang extorted more than $60 million in ransom payments from victims between December 2021 and August 2022, a joint advisory from CISA and the FBI has warned. The latest advisory is

ChatGPT isn’t putting me out of a job yet, but it’s very good fun

I had to see if I was in near-term employment trouble, so I ran a little test with the ChatGPT model. Here are the results.

Singapore-based e-commerce platform Carousell lays off 10% of staff

Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs

Are we bullfighting in Spain? Because that’s a red flag

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. For the last time in 2022, the whole Friday gang got together

Zylo, a SaaS management platform, raises $31.5M

Software-as-a-service (SaaS) subscriptions have become a fixture of the modern enterprise; organizations with more than 1,000 employees use over 150 SaaS apps on average, according to BetterCloud. Ful

Smoodi closes $5M to expand reach for its robotic smart blender

Co-founders Pascal Kriesche and Morgan Abraham call smoodi, which came out of Harvard Innovation Labs, a “healthy smoothie store-in-a-box.”

Learn about Orbital Reef and the LEO economy at TC Sessions: Space

Just four days stand between you and a deep space exploratory mission right here on planet Earth. We’re talking about TechCrunch Sessions: Space, of course, which lifts off on December 6 in Los Ange

Treasury management should be top of mind for startup founders

Liquidity is your company’s lifeline. With it, you have a fighting chance of achieving your vision, but when you're out of money, you're on the course to ruin.

OpenAI’s ChatGPT shows why implementation is key with generative AI

It’s probably not a secret to those doing a lot of focused work in the space, but when it comes to generative AI, it’s quickly becoming apparent that how a user interfaces with generative

India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others

The digital loans business in India has been the subject of a lot of controversy, not least for over-predatory and un-transparent practices, yet that’s existed alongside the rise of a handful of

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

India won’t enforce a check on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising extension to the deadline that analysts say is a m
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