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Never express your ‘use of funds’ slide as percentages
Early-stage companies need to paint a compelling picture for another round of funding. That’s where startups often fall down. Here’s how to fix that. #press
https://techcrunch.com/2023/08/27/use-of-funds-are-not-percentages/?utm_source=press.coop
Looking for your next book? These 9 authors have reading recommendations for you
We asked authors whose work is closely tied to tech and startups this simple question: "What book have you read this summer that you think others might enjoy?" #press
https://techcrunch.com/2023/08/27/tech-startups-recommendations/?utm_source=press.coop
Better.com’s public market debut was Miserable.com
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. Better.com finally went public last week, and the stock’s performance was worse than expected. Affirm, on the other hand, saw its shares get a boost on the back of a better-than-expected earnings report. There was also a […] #press
https://techcrunch.com/2023/08/27/better-com-had-a-miserable-com-public-debut/?utm_source=press.coop
Microsoft brings Python to Excel, Cruise reduces fleet following crash, and MrBeast creates controversy
Hello, folks, and welcome to Week in Review (WiR), TechCrunch’s regular newsletter that covers the biggest happenings in tech over the past few days. Haven’t been able to follow the news closely? Don’t sweat it. WiR will get... #press
A Brazilian phone spyware was hacked and victims’ stolen data ‘deleted’
A Portuguese-language spyware called WebDetetive has been used to compromise more than 76,000 Android phones in recent years across South America, largely in Brazil. WebDetetive is also the latest phone spyware company in recent months to have been hacked. In an undated note seen by TechCrunch, the unnamed hackers... #press
https://techcrunch.com/2023/08/26/brazil-webdetetive-spyware-deleted/?utm_source=press.coop
Uber, squeezed by insurance, increases minimum age for new drivers in California
Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the state. The new policy will only apply to new drivers planning to use the rideshare... #press
Luxury Presence, which builds marketing tools for realtors, raises $19.2M
Real estate marketing is no walk in the park. Not only do realtors have to weather market volatility, but they need to meet buyers where they shop — creating compelling marketing experiences while keeping costs under control. Malte Kramer experienced the roadblocks firsthand while... #press
Better.com’s stock tanks after SPAC combination brings it to the public markets
Shares of Better.com are getting hammered into the ground Thursday morning after the digital mortgage company completed its long-delayed SPAC merger and began to trade as a public company for the first time. When Better first announced plans to go public in 2021 at a $7.7... #press
Former head of growth at Slack is building a growth-tracking platform for everyone
When Panobi co-founder Merci Grace began running growth at Slack in 2015, she helped grow the user base from 50,000 users to over 3 million users in just a couple of years. Along the way, she learned some valuable lessons about tracking growth metrics, and how... #press
a16z-backed AI video generator Irreverent Labs raises funding from Samsung Next
Generative artificial intelligence, used to create content from text to images to videos, is still on the rise. Big Tech and startups across the globe are racing to compete and launch their own AI-powered chatbots, text-to-image generators, and video tools. Among them... #press
Google plans to bring AI-fueled security enhancements to Google Workspace
As companies move to the cloud, keeping data secure is always front of mind. While Google is quick to point out that it has never had an exploit in Google Workspace, it doesn’t mean it isn’t working to continually stay ahead of security issues. Today, the company announced a number... #press
Spotify introduces new podcaster tools, including customized pages, analytics, and other controls
Following Apple’s announcement of podcast creator tools for subscriptions on Monday, Spotify today also introduced its own latest developments in terms of features aimed at podcasters. Included among the changes are customization tools... #press
India’s Chandrayaan-3 makes successful landing on the moon
Chandrayaan-3, the latest iteration of India’s ambitious mission to the moon, has successfully landed on the lunar surface — making history after its predecessor failed in 2019. The landing, which took place at the targeted time of 5:34am PT (6:04pm IST) on Wednesday over a month after the spacecraft’s launch, has made India the fourth […] #press
https://techcrunch.com/2023/08/23/india-chandrayaan-3-landing-moon/?utm_source=press.coop
Dice books $65M for its event discovery and ticketing platform
Live, in-person activity has come back with force in the wake of years of living with Covid-19, and a London startup that built an events tech business is today announcing funding to capitalise on that. Dice, an events discovery and ticketing platform, has raised $65 million, funding that it will be using... #press
Snap overhauls India organizational structure, appoints new head
Snap has restructured its reporting system in India and named Pulkit Trivedi as the new country head, underscoring the increasing importance of the South Asian market to the company. Snapchat’s parent company will now have its Indian team report directly to Trivedi, giving India more autonomy over... #press
Twitch starts testing a TikTok-like clips feed to boost channel discovery
Twitch’s previously-announced Discovery Feed is now out in the wild as a live test following the feature’s announcement back in July. The new feed will surface short clips from streams in a TikTok-like area within the Twitch app, giving offline creators a way to connect with new viewers without staying live for hours on end. […] #press
https://techcrunch.com/2023/08/22/twitch-disccovery-feed-test/?utm_source=press.coop
Moniepoint cleared to acquire Kenyan fintech Kopo Kopo
The competition regulator in Kenya has given Moniepoint, the Nigerian fintech that provides business payments and banking platforms, the green light to acquire Kopo Kopo, a Kenyan-based company offering payments services and credit to businesses. Following the approval by Competition Authority of Kenya (CA), Moniepoint... #press
Chip company Arm files for Nasdaq listing in IPO anticipated to be this year’s biggest
Arm, the U.K.-based chipmaker owned by Japan’s SoftBank since 2016, has filed for a Nasdaq listing under the ticker symbol “ARM,” five months after announcing it had filed confidential, preliminary IPO paperwork with U.S. regulators. The outfit didn’t... #press
Roblox faces a new class action lawsuit alleging it facilitates child gambling
In a new class action lawsuit filed in the Northern District of California this week, two parents accuse Roblox of illegally facilitating child gambling. While gambling is not allowed on the platform, which hosts millions of virtual games that cater to children and teens, the lawsuit points to... #press
Musk says X will address shadowbanning ‘soon,’ but former Trust & Safety exec explains why that will be difficult
X owner Elon Musk is promising to “soon” address the lack of transparency around “shadowbanning” on the social network formerly known as Twitter — that is, not outright banning a user, but making changes that... #press