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Instant grocery app Getir acquires its competitor Gorillas

After weeks of rumors, Getir has announced that it is acquiring Gorillas. This is a major consolidation deal for the instant grocery delivery space. The Financial Times first reported that Getir has c

How to respond when a VC asks about your startup’s valuation

Founders are at a distinct disadvantage in the valuation game. By design, VCs play this game far better than most founders ever will.

Amid growing concerns from third-party developers, Twitter shuts down Toolbox and other projects

Historically, Twitter has had a tumultuous relationship with the third-party developer community. But in the last few years, the company has tried to appease the developer community with projects like

Primer, the UK e-commerce tech startup, has laid off one-third of its staff

Primer, a U.K. startup founded by alums of Braintree and PayPal that provides a drag-and-drop framework for merchants to build online payment stacks, last year raised $50 million at a $425 million val

CommonSpirit Health says patient data was stolen during ransomware attack

Chicago-based medical giant CommonSpirit Health has confirmed that an October ransomware attack exposed the personal data of more than 620,000 patients. CommonSpirit Health, which operates more than 7

Japan’s health tech Ubie wants to fuel its US expansion with $19M Series C extension

Ubie, a Tokyo-based startup providing an AI-powered symptom checker app and hospital SaaS products, has closed a $19 million extension to its previous Series C round. This brings the health tech start

Akros Technologies, an AI-powered asset management platform, raises funding from Z Holdings

Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. In Deloitte’s 2019 report, the firm reveals that AI is transforming the financi

UK regulator says it’s not to blame for Virgin Orbit mission delay

Virgin Orbit is retargeting a launch that was supposed to take place as soon as next week from Cornwall, England — and that was to be the first spaceflight to depart from British soil — du

Daily Crunch: Airtable lays off 250+ as CEO cites importance of ‘being a lean organization’

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

In Pokémon Go, you can now capture superbig or supersmall friends

For some reason, Niantic added a feature to Pokémon Go in which sometimes Pokémon can be HUGE and sometimes they’re tiny. This feels like a relatively useless feature that doesn’t really

Slack’s new CEO, Lidiane Jones, brings two decades of product experience to the job

We've heard a lot about Stewart Butterfield stepping down as Slack CEO, but less about his successor, Lidiane Jones.

Solana founders see now as a time to bridge the blockchain and the physical world

Solana's co-founders see this downturn as an opportunity for its team and developers to build and ignore the noise.

GitHub launches Copilot for Business plan as legal questions remain unresolved

GitHub Copilot, GitHub’s service that intelligently suggests lines of code, is now available in a plan for enterprises months after launching for individual users and educators. Called GitHub Co

6 gifts for coffee lovers looking to up their game

You know what I miss about working in an office? Literally nothing, apart from having access to a fancy coffee machine. It turns out that the magic of the liquid black gold is within reach even for wo

Will SBF saddle up for a testimony after his media tour?

If you’re keeping up with the news cycle, then you know FTX’s former CEO Sam Bankman-Fried has gone on quite a bit of a media campaign.

The FTC is suing to block Microsoft from buying Activision

The FTC announced Thursday that it would sue to block Microsoft’s acquisition of gaming giant Activision Blizzard. Microsoft announced plans to buy the company, which has been plagued by sexual

Critical mass

Greetings from…somewhere. As I mentioned the other week, I’m taking a few weeks off. It’s the first time off I’ve had this year and the most consecutive days I’ve taken off in 15+ years

Airtable chief revenue officer, chief people officer and chief product officer are out

As part of Airtable’s decision to cut 20% of staff, or 254 employees, three executives are “parting ways” with the company as well, a spokesperson confirmed over email. The chief revenue

Pitch Deck Teardown: Rootine’s $10M Series A deck

The slide deck bespoke vitamin startup Rootine used to raise a $10 million Series A is a master class. Let's check out some of the highlights.

Airtable, last valued at $11 billion for its no-code software, lays off over 250

Just days ago, Airtable published a memo about how laid off workers can use Airtable to search for jobs. “It’s been an unwelcome theme of 2022—layoffs,” the post said. “Each season seems to
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