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Alex Hofmann once served as Musical.ly’s president, overseeing the North and South American markets for the TikTok precursor, then leaving shortly after the app exited to Chinese tech giant ByteDance…

9count, maker of Wink and new dating app Summer, scores additional funding

Dutchie today is announcing a new cannabis point of sale platform, including a dual-screen terminal for dispensaries. Called Dutchie POS, this comes just weeks after the company announced a new…

Dutchie launches new cannabis point of sale platform with its own dual-screen register

After permanently banning parties and events on all Airbnb listings in June, the company is hardening its anti-party stance by launching new screening tools in the U.S. and Canada. The…

Airbnb launches ‘anti-party’ tech to spot potential rule-breakers at the point of booking

In an effort to expand its social platform for virtual reality, Horizon Worlds, Meta is launching it in France and Spain today — building on the existing three markets including…

Meta launches Horizon Worlds in France and Spain

Thanks to cross-border e-commerce platforms, China continues to be a major exporter of consumer goods for the world in the online shopping age. It’s not just marketplaces like Amazon and…

SoftBank, Sequoia China back this ERP startup enabling China’s online exporters

Technology advancements in recent years are giving startups a shot at providing grocery stores with e-commerce-like features in a brick-and-mortar setting.

The grocery industry’s shopping list: Inventory management, frictionless checkout, computer vision

Social media marketing firm Hootsuite says it has slashed its workforce by 30%. “We need to refocus our strategies to drive efficiency, growth and financial sustainability,” CEO Tom Keiser said…

Hootsuite lays off nearly a third of its workforce as CEO tries to ‘refocus’

Although the mobile app boom driven by pandemic lockdowns has long since passed, consumers’ mobile usage is still growing. According to new data released today by app intelligence firm data.ai…

Mobile users are now spending 4-5 hours per day in apps

An innovative new medical startup in Romania helped doctors from three countries collaborate to treat Ukrainian cancer patients made refugees after Russia’s brutal invasion. The “Tumor Board” project was initiated…

How a Romanian medtech startup helped US doctors treat refugee Ukrainian cancer patients

Aurora uses a microwave-based approach to liberate hydrogen from methane.

Aurora Hydrogen raises $10M, but will its process decarbonize or facilitate tar sand exploitation?

Large-scale and mid-sized enterprises and businesses are increasingly adopting — and offering — software-as-a-service platforms as they seek to increase their revenue and parlay their growth into greater efficiency. Now…

Emitrr raises $4 million to expand its automation offering for local businesses

Compared to this year’s drumbeat of announcements from car companies touting future battery-electric models, Stellantis has remained quiet, focusing on plug-in hybrids instead. The Amsterdam-based joint venture between Fiat-Chrysler and…

3 indicators to watch for on Stellantis Q2 earnings day

One way to curb competition in other countries is to file a patent in each of those countries. However, the cost of filing a patent in every country can be…

Where should US-based startups file their patent applications?

Google is expanding its photo and canvas prints service to Europe and Canada. Google has offered printed photo books in the U.S. since 2017, a service that started rolling out…

Google expands its photo and canvas printing service to Europe and Canada

Volkswagen Group subsidiary Electrify America said Tuesday it raised $450 million in a deal that includes its first external investor as it aims to accelerate its rollout of ultra-fast charging…

Volkswagen, Siemens invest $450M into Electrify America in EV charging push

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues…

This Week in Apps: Twitter Notes, Instagram age verification, Spotify’s Live Events

Disney+ will be livestreaming for the second time ever to celebrate World Music Day on June 21. “Harmonious Live!”, a special music performance at the Epcot theme park at Walt…

Disney+ expands its livestreaming efforts with upcoming ‘Harmonious Live!’ music special

Canadian fintech giant Wealthsimple, which was valued at $4 billion as of last year, is laying off 159 people — or about 13% of its staff. The Toronto-based company has…

Wealthsimple, valued at $4B last year, joins the fintech layoffs list

A founder with two exits shares his seven-step method for managing investor meetings, including tips for following up on promising leads.

A 7-step method for running effective pitch meetings

Amazon is tapping into augmented reality in an attempt to appeal to sneakerheads shopping its site. The retailer this morning announced a new feature called Virtual Try-On for Shoes that…

Amazon gets into AR shopping with launch of ‘Virtual Try-On for Shoes’

Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana.

Stellantis to build new battery plant in Indiana

One of the promises made by web3 entrepreneurs is putting data back in the hands of owners through decentralization. Palo Alto-based CyberConnect is among a handful of blockchain startups working…

CyberConnect raises $15M Series A to put data back in the hands of users

Rivian saw its first-quarter losses widen nearly fourfold as the EV maker burned through cash battling supply chain constraints and production bottlenecks to bring its electric vehicles to market. Rivian,…

Rivian shares pop even as Q1 losses widen amid EV production ramp up

Shark Tank’s Kevin O’Leary talks about the kind of crypto company he would create if he decided to do so.

Shark Tank’s Kevin O’Leary talks crypto and why he’s pro stablecoins

Featured Article

The costs of driver incentives are weighing on Lyft, Uber

To understand the driver incentive issue in the wake of Q1 earnings, we’ll first explore Lyft’s situation, and then compare it to what Uber said.

11:00 am PDT • May 5, 2022
The costs of driver incentives are weighing on Lyft, Uber

Canadian digital bank Neo Financial has raised $145.2 million (CAN$185 million) after surpassing the 1 million customer mark, the company announced today. Valar Ventures led the investment, which brings Neo’s total…

Canada’s Neo Financial closes on $145M Series C, surpasses 1 million customers

Stellantis will spend $2.8 billion (CAD $3.6 billion) to increase production of electric vehicles at two of its Canadian plants, the company said on Monday. The funding is a portion…

Stellantis, Trudeau invest $2.8 billion to boost EV production in Canada

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

Daily Crunch: US dangles reward up to $10M for info on 6 elite Russian military hackers

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…

Netflix says it will eventually charge more if you share your account

Immigrants, international students, and the migrant population in general all require international payments, or foreign exchange. Revolut and Wise are among those platforms to have taken advantage of this international…

UK fintech startup Leatherback raises $10M for its cross-border payments led by ZedCrest