Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Balancing risk: Modern architecture’s role in the BNPL playbook
Buy now, pay later (BNPL) is an old form of payment that is new again in a big way. And that could mean trouble for BNPL fintechs that are just getting to know the world of lending.
When should your B2C startup enter a new market?
The toughest questions most entrepreneurs face will involve international expansion. Whether to, when to, where to and how to expand all involve a wealth of complex considerations.
MIT’s CSAIL self-driving water taxis launched in the Amsterdam canals
Granted, there aren’t many cities where self-driving water taxis are a viable option, but Amsterdam may just be one of those places. This week, scientists from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and the Senseable City Laboratory launched the first self-navigating, fully autonomous robot boats. They call ’em Roboats (geddit?), and they made […]
Will Smith, Kevin Durant and Sean ‘Diddy’ Combs invest in electric boat startup Arc
Arc, a startup that launched 10 months ago with ambitions to electrify everything on the water, starting with a limited-edition $300,000 boat, has captured the attention and capital of some of the entertainment industry’s biggest stars. The startup, which closed a seed round in February led by VC firm Andreessen Horowitz, has brought on several […]
Twitter now lets all iOS users ‘Super Follow’ select creators
Twitter is rolling out the ability for all iOS users globally to Super Follow select creators. The option was previously only available to users in the U.S. and Canada. Super Follows allow users to subscribe to accounts they like for a monthly subscription fee in exchange for exclusive content. It’s Super Following time –– everyone […]
‘Project Cambria’ is a high-end VR headset designed for Facebook’s metaverse
Facebook is working on a new high-end VR headset codenamed Project Cambria. The company teased the device during its recent Connect conference on Thursday. It plans to release the headset sometime next year. Facebook CEO Mark Zuckerberg said it will be a separate “high-end” product from the company’s $299 Quest 2 headset. It will also cost more than that device.
Daily Crunch: After renaming Facebook ‘Meta,’ Zuckerberg says ‘mission remains the same’
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Amazon stock falls on revenue miss, rising costs due to macroeconomic conditions
It’s very hard to feel poorly for a company worth around $1.75 trillion, so we won’t. But shareholders of Amazon stock are taking on a bit of water in after-hours trading this afternoon. Amazon reported its Q3 2021 results today after the bell, detailing its recent performance that included a top-and-bottom miss on revenues and […]
Audi turns to software to add more range to its older e-tron EVs
Audi has rolled out a new software update to its 2019 model year e-tron electric SUV that will add up to 12 miles of range to the battery. While the improvement might not seem significant — it is, after all, only 12 miles — it does show how automakers are using software to improve older […]