Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
A group of 40 YouTube Music workers went on strike Friday. Employed by Alphabet subcontractor Cognizant, the striking workers allege that both companies’ management have leveraged unfair labor p
The venture secondaries market has been on the same roller-coaster ride as the broader VC market over the past few years, but it looks poised to break away in 2023. Like venture capital as a whole, th
Voyager Space, a company developing a private space station, has raised $80.2 million in new capital. The new funding comes as Voyager continues its development of the station, Starlab, which is no do
As more Twitter features break and glitch, users are becoming increasingly concerned about the platform’s stability. We’re about three months into Elon Musk’s ownership of Twitter, a
Twitter’s new owner is making moves to build in more revenue streams for creators — or at least he’s tweeting about it. Elon Musk announced Friday that the company would soon begin shari
Google worked to reassure investors and analysts on Thursday during its quarterly earnings call that it’s still a leader in developing AI. The company’s Q4 2022 results were highly anticipated as
What do the investors want from Salesforce, which is hardly in full distress? Sure, the stock is down, but it raked in $8 billion last quarter. That could be why they're so interested.
A South Korean financial regulator said on Friday that the country had approved the Apple Pay launch to allow local credit card firms to introduce the Apple Pay service. The announcement comes nearly
Should Twitter’s developers rebuild Vine from scratch, or can they dust off the old code and turn it back on?
A few more electric vehicle models now qualify for the federal EV tax credit, including GM’s Cadillac Lyric, the Ford Mustang Mach-E and Tesla’s five-seater Model Y, thanks to a change by
Yesterday Amazon reported earnings, with AWS growing a modest 20% for the quarter over the prior year to $21 billion. But perhaps even more troubling, the company reported in the earnings call with an
In October last year, Sendy, a Kenyan logistics scale-up, wound up its supplies service, which enabled retailers to purchase FMCGs directly from manufacturers, saying it was directing all its focus on
GitHub CEO Thomas Dohmke says that open source developers should be made exempt from the European Union’s (EU) proposed new artificial intelligence (AI) regulations, saying that the opportunity
It appears the NFT market is slowly getting back on its feet. Trading volumes rose for two months straight, with January scoring the highest volumes since June last year, according to the Dapp Industr
Amazon detailed the costs of its content business during its fourth-quarter earnings on Thursday, citing that its content expenses jumped to $16.6 billion in 2022, a 28% increase from $13 billion in
A New York-based spyware maker has agreed to notify the individuals whose phones were compromised by its mobile surveillance software, following a deal with the New York attorney general’s offic
Information is power, especially when you’re just beginning your startup journey. Whether you’re in the idea stage or building on the friends-and-family plan or preparing to pitch investors, it’
San Francisco-based AI chatbot maker, Replika — which operates a freemium ‘virtual friendship’ service based on customizable digital avatars whose “personalized” response
The U.K. government is seemingly backtracking on plans that would have allowed text and data mining “for any purpose,” plans designed to position the U.K. as a “global AI superpower.