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Baidu, Pony.AI win first driverless robotaxi permits in China
Chinese internet giant Baidu and autonomous vehicle company Pony.ai have received permits to provide driverless ride-hailing services to the public on open roads in Beijing, according to both compa...
Post-pandemic, used car startup platforms are booming — and the latest is Spotawheel
Used-car digital platforms have been proliferating across the world for a handful of significant reasons, but most of those are related to our recent pandemic. Among those reasons is the rapid digi...
Raising monster rounds for self-driving mobility startups on TechCrunch Live
Raquel Urtasun founded Waabi in 2021 after spending nearly three years as Uber’s R&D head of Advanced Technology Group (ATG). Waabi’s mission is to develop an AI-first approach to s...
Dat Bike is the creator of Vietnam’s first domestic electric motorbike
Dat Bike is on a journey to reduce the amount of gasoline used in Vietnam. The startup makes electric motorbikes with key components that it designs and produces domestically to reduce costs and im...
Sumutasu secures $10M to digitize Japan’s real estate market
Sumutasu, a Tokyo-based proptech startup that offers a direct online real estate purchase service, has secured $8.2 million in equity and $1.6 million in debt. The company has raised a total of $16...
Daily Crunch: US dangles reward up to $10M for info on 6 elite Russian military hackers
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
WhatsApp follows Google in giving cash-back rewards to win payments users in India
WhatsApp, the most popular smartphone app in India, is employing one of the most popular strategies that has proven to drive users in the world’s second largest market to a service: cash-back...
Meta says Reels now makes up over 20% of the time users spend on Instagram
Meta announced during its Q1 2022 earnings call that Reels, its short-form video feature and TikTok rival, now makes up more than 20% of the time that people spend on Instagram. The company also no...
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Meta says its metaverse biz lost another $3B… but the 2030s will be ‘exciting’
Do you hear that? It’s the sound of every Meta executive breathing a deep sigh of relief, because unlike last quarter, Facebook’s daily active users (DAUs) are up… a little. For t...
Elon Musk wins $13B suit over Solar City deal Tesla shareholders called a ‘bailout’
A Delaware judge has sided with Elon Musk in a hefty lawsuit brought by Tesla shareholders, which accused the executive of coercing the electric vehicle company’s board into buying SolarCity ...
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Dear Sophie: When should I sponsor engineers for green cards?
The engineers that we’re trying to recruit to work at our startup are increasingly requesting that we sponsor them for green cards. Can you give me a rundown of the green cards that are available?
Ford earnings weighed down by Rivian stake
Ford reported Wednesday a multibillion dollar loss in the first-quarter due to a massive write-off on the value of its stake in Rivian. Shares still rose in after-hours trading as investors focused...
HBO Max app just had one of its best quarters to date, but app performance still has room to improve
Sensor Tower’s “Q1 2022: Store Intelligence Data Digest” report saw HBO Max as a top contender for the most downloaded apps in the U.S. Not only did the app make the top five list, but it also had ...
ChowNow founder on rethinking food delivery to serve local restaurants first
Welcome back to Found, the TechCrunch podcasts that get the stories behind the startups. This week we’re joined by Chris Webb from Chow Now. ChowNow started as a way for founder and CEO, Chri...
OneWeb founder Greg Wyler’s new startup wants to launch a ‘sustainable’ satellite mega-constellation
The proliferation of space junk in low Earth orbit is a problem that isn’t going away. Instead, it’s getting worse — a fact that grabbed headlines last November when a Russian direct-ascent anti-sa...
In leaked all-hands meeting, Twitter CEO fields questions about Elon Musk’s takeover
If you wanted to be a fly on the wall during the first Twitter all-hands meeting after the platform accepted Elon Musk’s $44 billion bid, you’re in luck. Audio from Twitter’s comp...
PayPal shuttering its San Francisco office
PayPal is shuttering its San Francisco office as it evaluates its global office footprint. Multiple sources say the payments giant is closing its San Francisco office on 425 Market St. which housed...
The corporate venture comeback: What startups considering CVC need to know
Corporates generally aren’t hard to find because of their bigger presence, but founders have to take care to perform due diligence around which corporate best suits their needs
Ex-Chime engineers raise $4M for B2B payments infrastructure startup Streamlined
While working as the head of treasury at Braintree, Boris de Souza once discovered a $90 million payment that went “missing” for over two weeks because of poor payments infrastructure. ...
Leaked Facebook ads document raises fresh questions over GDPR enforcement
Motherboard/Vice had an explosive report on Facebook’s business yesterday that’s sure to raise fresh questions over the lack of enforcement of European privacy laws against the adtech g...
