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Daily Crunch: Following ‘significant reduction’ in demand, Peloton puts brakes on production

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

The first big tech antitrust bill lumbers toward reality

A major Senate bill that would prevent tech companies from giving preference to their own products and services just passed a significant hurdle in Congress, bringing it one step closer to becoming la

New Greylock venture partner Mustafa Suleyman is looking for AI’s next best thing

Suleyman says the time has come for AI due to the ecosystem maturing and more people understand the strengths and limitations of AI and how to use it.

Google reportedly planning a new AR headset for 2024

Frankly, it would be a bigger surprise at this point if Google wasn’t baking up its own AR headset. Per a new report from The Verge, the company is said to be targeting a 2024 ship date for its its

Mitsubishi partners with Cartken to break into the robotic delivery world

Mitsubishi Electric, the automaker’s electronics equipment manufacturing company, is starting a pilot program to explore the value of autonomous robots. The company will be working with Cartken,

Google Play Games for PC, which brings Android games to Windows, enters beta testing

Google today will begin rolling out a limited beta test of its newly announced Google Play Games for PC product in three overseas markets: Hong Kong, South Korea and Taiwan. The Google Play Games PC a

As its data flows woes grow, Google lobbies for quickie fix to EU-US transfers

As the legal uncertainty in Europe clouding use of US cloud services cranks up, Google has responded by firing up its lobbying engines to call for US and European lawmakers to get a move on and come u

a16z, Avenir and Google back South African mobile games publisher Carry1st in $20M round

Carry1st, a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z). This is a16z’s first investm

Filmhub, backed by $6.8M from a16z and others, helps filmmakers get their work streamed

As the streaming market grows, so has the demand for content. But even though it’s now easier than ever for filmmakers to create, distribution is still often controlled by traditional systems &#

QED Investors hires Gbenga Ajayi as partner to focus on investments in Africa

In a move rarely made by Western venture capitalists, QED Investors announced today that it has hired an African partner, Gbenga Ajayi. He will focus on Africa investments as part of QED’s internati

New privacy bill would put major limits on targeted advertising

A new bill seeks to dramatically reshape the online advertising landscape to the detriment of companies like Facebook, Google and data brokers that leverage deep stores of personal information to make

Could humanlike behavior make smart devices more engaging? MIT researchers think so

Jibo may have breathed its last robotic breaths back in 2019, but researchers at MIT believe the social robot may have been onto something. Sure, the world wasn’t ready for a pricey social robot a f

After Dutch antitrust order, Apple starts letting local dating apps use alternative payment options

Another regulatory brick in the wall for Apple: The iPhone maker agreed this weekend to changes to its App Store in the Netherlands focused on dating apps, agreeing to allow local developers of dating

This Week in Apps: Fortnite (sorta!) returns to iOS, PUBG Mobile maker sues over copycats, Apple plans for alternative payments in South Korea

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 to grow, with a re

Google’s loss to Sonos settles it: Big Tech has an IP piracy problem

Simply put, Big Tech benefits from stealing IP. The legal costs and potential damages, if ever issued after years of litigation, are paltry by comparison.

PUBG Mobile maker Krafton sues Apple, Google and rival game developer Garena over ‘clones’

Krafton, the developer behind PlayUnknown’s Battlegrounds,” and the maker of PUBG Mobile, last year’s No. 6 top-grossing mobile game on a global basis, is suing the app stores and a

A bill to ban geofence and keyword search warrants in New York gains traction

A New York bill that would ban state law enforcement from obtaining residents’ private user data from tech giants through the use of controversial search warrants will get another chance, two ye

Crypto API provider Conduit wants to be the Stripe of decentralized finance

Financial institutions continue to search for ways to pile into the crypto market, and decentralized finance (DeFi) products are one mechanism that could help them capture share. Investors in DeFi pro

Give users genuine control over ad targeting, MEPs urged

Over 30 civil society organizations, pro-privacy tech businesses and European startups are making a last-ditch pitch to try to convince EU lawmakers to put stricter limits on surveillance advertising

HeyCharge’s underground charging solution raises $4.7M seed led by BMW i Ventures

EV charging continues to be a high-growth business, for obvious reasons. Since 2007, one of the largest players has been ChargePoint, the floated U.S. company with a widespread EV charging network. Bu
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