When it comes to diversity in hiring, businesses are their own worst enemy
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Today’s business leaders are using yesterday’s tactics in an attempt to address tomorrow’s problems.General Motors issues third recall for Chevrolet Bolt EVs, citing rare battery defects
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General Motors is recalling even more Chevrolet Bolt electric vehicles due to possible battery cell defects that could increase the risk of fire. This latest recall, announced by the automaker on Friday, marks the third time GM has issued the consumer notice
Relativity is pushing back the demo launch of its Terran 1 rocket to early 2022
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3D rocket printing company Relativity Space has pushed back the date of the demonstration launch of its lightweight Terran 1 rocket from winter 2021 to early 2022. The company announced the updated schedule on Twitter, while also confirming that the launch wiPeloton’s Android app hints at long-rumored rowing machine
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Conducting an APK teardown of the latest version of the Peloton Android app, 9to5Google found evidence the company is preparing the software to support a rowing machine in the near future.Extra Crunch roundup: Corp dev handbook, Chicago startups, Brazil’s e-commerce landscape
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If you're a founder who finds yourself in a meeting with a VC, try to remember two things — you're the smartest person in the room, and investors are looking for a reason to say «yes.»SiriusXM launches ‘TikTok Radio,’ a music channel featuring viral hits hosted by TikTok stars
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If viral TikTok songs like Dr. Dog’s “Where’d All the Time Go?” or Bo Burnham’s “Bezos I” weren’t already stuck in your head on loop, now they could be. Today SiriusXM launched a TikTok Radio channel, which featSão Paulo’s QuintoAndar real estate platform raises $120M, now valued at $5.1B
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Less than three months after announcing a $300 million Series E, Brazilian proptech QuintoAndar has raised an additional $120 million. New investors Greenoaks Capital and China’s Tencent co-led the round, which included participation from some existing backA mathematician walks into a bar (of disinformation)
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Disinformation, misinformation, infotainment, algowars — if the debates over the future of media the past few decades have meant anything, they’ve at least left a pungent imprint on the English language. There’s been a lot of invective and fear over whaSpotify to spend $1B buying its own stock
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If Spotify is still a growth-focused company, shouldn't it preserve its capital to invest in exclusive podcasts and the like — efforts that may grant it pricing power in the future?Men are a niche demographic
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Danny was back, joining Natasha and Alex and Grace and Chris to chat through the week’s coming and goings. But,Bird shows improving scooter economics, long march to profitability
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Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model, and a multi-year path to profitability. However, that path is fraught.Nvidia-ARM takeover raises serious antitrust concerns, finds UK’s CMA
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The UK’s competition watchdog has raised serious concerns about Nvidia’s proposed takeover of chip designer, ARM. Its assessment was published today by the government which will now need to decide whether to ask the Competition and Markets AuthoriRutter comes out of stealth with $1.5M in funding for its e-commerce API
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Rutter is developing a unified e-commerce API that enables companies to connect with data across any platform.Greycroft leads $3.5M into Breef, an online marketplace for ad agencies
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Breef’s platform is democratizing how brands and boutique agencies connect with each other in the process of planning, scoping, pitching and paying for projects.Cardiomatics bags $3.2M for its ECG-reading AI
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Poland-based healthtech AI startup Cardiomatics has announced a $3.2M seed raise to expand use of its electrocardiogram (ECG) reading automation technology. The round is led by Central and Eastern European VC Kaya, with Nina Capital, Nova Capital and InnovatiCommunication software startup Channels takes on event management with text workflow
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Three University of Michigan students are building Channels Inc., a communication software tailored for physical workers, and already racking up some big customers in the event management industry.Apple launches a new iOS app, ‘Siri Speech Study,’ to gather feedback for Siri improvements
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Apple recently began a research study designed to collect speech data from study participants. Earlier this month, the company launched a new iOS app called “Siri Speech Study” on the App Store, which allows participants who have opted in to sharChina passes data protection law
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China has passed a personal data protection law, state media Xinhua reports (via Reuters). The law, called the Personal Information Protection Law (PIPL), is set to take effect on November 1. It was proposed last year — signalling an intent by ChinaRFacebook launches program to help small Indian businesses secure loans
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Facebook is launching a new program in India to help small and medium-sized businesses secure loans in the South Asian market as the company makes further push to expand its presence among merchants. The social conglomerate said its new program, called SmallAlerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online
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The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. In fact, it might be the second-best thing after fintech at the moment. Today’s news is from Alerzo, a little-known B2B e-commerce retail startup baMicrosoft backs India’s Oyo at $9.6 billion valuation
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Microsoft has invested $5 million in Indian budget hotel chain Oyo, according to a regulatory filing this week. The investment confirms a TechCrunch scoop from last month. The new investment values Oyo at $9.6 billion, only slightly below the $10 billion implTop four highlights of Elon Musk’s Tesla AI Day
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Elon Musk wants Tesla to be seen as “much more than an electric car company.” On Thursday’s Tesla AI Day, the CEO described Tesla as a company with “deep AI activity in hardware on the inference level and on the training level” that can be used dowMusk: The Tesla Bot is coming
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Remember that weird Will Smith movie about robots? Yeah, neither do we. But Elon Musk does. Tesla is developing a 5’8” Tesla Bot, with a prototype expected sometime next year. The news comes during Tesla’s inaugural AI Day, which was streamed on the comIndonesian D2C insurance marketplace Lifepal raises $9M Series A
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Choosing an insurance policy is one of the most complicated financial decisions a person can make. Jakarta-based Lifepal wants to simplify the process for Indonesians with a marketplace that lets users compare policies from more than 50 providers, get help frDaily Crunch: Under pressure from ‘banking partners and payout providers,’ OnlyFans bans explicit content
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Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.Today’s real story: The Facebook monopoly
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To the average person, Facebook’s monopoly seems obvious. But obviousness is not an antitrust standard. Monopoly has a clear legal meaning, and thus far Lina Khan’s FTC has failed to meet it.Arianna Simpson of a16z on Yield Guild Games, the firm’s newest bet on crypto + gaming
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As one of four general partners at Andreessen Horowitz who are now investing the venture firm’s third crypto fund, a $2.2 billion vehicle, Arianna Simpson is very focused on how to return that capital and much more to the firm’s limited partners.Google says geofence warrants make up one-quarter of all US demands
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For the first time, Google has published the number of geofence warrants it’s historically received from U.S. authorities, providing a rare glimpse into how frequently these controversial warrants are issued. The figures, published Thursday, reveal thaCompanies betting on data must value people as much as AI
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The truth is, we are still early when it comes to data transformation. The success of tech giants that put data at the core of their business models set off a spark that is only starting to take off.Samsung Galaxy Watch 4 Classic: A well-rounded smartwatch
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For smartwatches, it’s Apple against the world. Per recent numbers from CounterPoint, the Apple Watch commanded more than one-third of global shipments in Q1. Samsung/Tizen’s own market share is a distant — but respectable — second place, witOnlyFans’ porn ban is crypto’s opportunity of a lifetime
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Today, OnlyFans dropped the massive bombshell that it will be banning “sexually explicit content” from the app later this year. This is obviously a wildly seismic shift for OnlyFans, which completely disrupted the adult content industry and gave performerAdobe buying Frame.io in $1.28B deal
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Adobe announced today it is acquiring Frame.io, a video review and collaboration platform used by over a million customers, for $1.275 billion. Founded in 2014 by the owner of a post-production company Emery Wells and technologist John Traver, New York-basedTwitter rolls out a series of improvements to its Direct Message system
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Have you ever tried to share a funny tweet with a few friends via Twitter DM, only to accidentally start a group chat? You’re not alone. Today, Twitter announced that it will roll out a few quality of life improvements to its direct messaging system oveLet’s make a deal: A crash course on corporate development
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If you’re a venture-backed startup at some point it would be wise to generate a return — either get acquired or go public. If you’re going to get acquired, chances are you’re going to spend a lot of time with corp dev teams.OnlyFans bans explicit content
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OnlyFans has announced that it will ban sexually explicit content starting in October. The platform was not built specifically for porn but that has grown to be its most popular and visible use case, but pressure from “banking partners and payout providRevolut introduces salary-advance feature in the UK
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Fintech startup Revolut is launching a new feature called Payday. It is an alternative to credit card debt and short-term credit as it lets you unlock a portion of your wage early. If a business decides to integrate with Revolut, users can then access the feaDeed pulls your employer’s charity and volunteer program into Slack to keep it front of mind
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If your employer does any sort of charity donation matching, the system powering it might be… not great. Maybe it’s got an ancient interface; maybe it’s stuffed behind the VPN at some weird URL that takes a half hour to dig up every December when you re
