Square paid around a quarter of its present-day value for Afterpay. That seems like a lot. But was it too much?
Daily Crunch: For $20/month, crime alert app Citizen will connect users with live ‘safety agents’
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Discord now lets you customize your user profile on its apps
For mobile users, Discord is adding one new feature that you’d find on a more traditional social app. The company rolled out an option for users to customize their profiles across its iOS and Android apps Tuesday, following the feature’s release on the desktop version of Discord in late June. The new option lives in […]
Lyft reaches adjusted profitability milestone despite continuing net losses
Today after the bell, U.S. ride-hailing company Lyft reported its second quarter financial performance. In aggregate the company’s performance was a rebound from the year-ago second quarter, which was heavily impacted by the onset of the COVID-19 pandemic and resulting lockdowns in the United States. Lyft also managed to produce positive adjusted EBITDA in the […]
Embodied AI, superintelligence and the master algorithm
In the next year and a half, we’re going to see increasing adoption of technologies, which will trigger a broader industry shift, much as Tesla triggered the transition to EVs.
Fleet your last Fleet — the Twitter feature vanishes today
You don’t know what you’ve got ’til it’s gone. After a fittingly fleeting time in the wild, Twitter is banishing its ephemeral stories feature known as Fleets, which debuted in November 2020. Twitter began testing Fleets back in March of last year. The company thought that it might be able to lure people who were […]
Anonymous Snapchat app Sendit surges with 3.5M installs after Snap bans Yolo and LMK
In May of this year, Snap banned two Snapchat platform apps that allowed users to send anonymous messages, Yolo and LMK, following a lawsuit filed on behalf of a mother whose son died by suicide after being bullied through messages on the apps for many months. In the wake of Snap’s ban, another anonymous messaging […]
Edtech startup bina raises $1.4M to teach 4- to 12-year-olds, launch School-as-a-Service
With the pandemic wreaking havoc amongst early years education amid school lockdowns, it’s no wonder edtech startups have piled into the space. But it has also served to highlight the abysmal nature of early years teaching: Some 40 million teachers across the globe are leaving the sector, according to the World Bank. Of the 1.5 […]
CELA Innovation holds a master class on Lean Startup Methodology for the Startup Alley+ cohort
Startup Alley is the place to be at TechCrunch Disrupt 2021 on September 21-23. The sold-out expo area is the virtual home to hundreds of innovative startups ready to demo their tech and talent. While exhibiting offers plenty of opportunity for all, a VIP experience kicked off in July for 50 startup exhibitors the TechCrunch […]
Nikola cuts delivery outlook for its electric semi trucks
Nikola, the electric truck startup that went public via a SPAC merger, warned Tuesday that supply chain constraints are causing numerous delays forcing it to slash its vehicle delivery projections in half. The company, which is still in pre-production, said in its second-quarter earnings call that its plans to produce 50 to 100 electric semi […]