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With nearly 100 new tales on the positioning because the final Day by day Crunch, we’re having a tough time selecting the cream of the crop, however that’s what we dooooo. It’s been an Amazon and Google extravaganza over the previous 24 hours, along with all of the common information tales our crack workforce of tech information sleuths have been ferreting out from the underbrush. There shall be no additional ado — let’s do that! — Christine and Haje
The TechCrunch Prime 3
Information you don’t wish to use: Apple Information customers acquired some attention-grabbing — learn “offensive” — notifications because of a hacker that breached Quick Firm’s techniques. Carly has extra.
Nicely, that went downhill quick: We really feel like we had been simply hyping all issues Apple iPhone 14, however now Ivan reviews that the tech big is “readjusting its manufacturing targets” after not seeing as a lot rah-rah from clients.
Fewer charges please: Ingrid covers cost community Satispay’s €320 million funding spherical that values the corporate at over €1 billion and in addition places it within the hearts and minds of shoppers in Europe in search of higher funds management.
Startups and VC
First up is Romain, who invitations you to fulfill Roundtable. It’s a brand new startup backed by eFounders that wishes to carry community-driven, AngelList-style angel investments to European startups. The corporate has constructed a platform that simplifies the executive, authorized and monetary challenges that include angel investments.
Cash continues to movement into new enterprise capital funds. Prior to now month, Runa Capital, Lerer Hippeau, Razor’s Edge Ventures, First Star, OurCrowd, Northzone, Janngo Capital and Kapor Capital all introduced new funds. Now it’s Scale Enterprise Companions’ flip, asserting it secured $900 million in dedicated capital for its eighth fund, additionally its largest since forming in 2000, Christine reviews. The fund was raised in 120 days over the summer time, associate Rory O’Driscoll mentioned.
Extra extra extra, at all times extra:
The insufferable lightness of being asset-light
Picture Credit: Westend61 (opens in a brand new window) / Getty Photos
Traders have embraced “asset-light” firms like Lease the Runway, Uber and Airbnb that don’t personal the {hardware} that generates their income.
Firms that generate billions from property they don’t personal “usually require much less capital — and subsequently much less dilution for his or her traders,” writes Daniel Hoffer, managing director of Autotech Ventures.
“However some asset-light marketplaces battle to fulfill their clients as a result of not all of the property they will make obtainable are equally appreciated by their demand-side clients.”
Three extra from the TC+ workforce:
TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You’ll be able to enroll right here. Use code “DC” for a 15% low cost on an annual subscription!
Large Tech Inc.
Boy, do we’ve got a deal with for you at present: Our workforce was busy overlaying each Google’s Search On occasion and Amazon’s fall occasion, which suggests we’ve got all of the Amazon and Google information that’s match to print, er, publish. There’s quite a bit to select from, however listed below are a few of our favorites:
Amazon’s newest Halo gadget is a bedside sleep tracker; Kindle Scribe brings writing to Amazon’s well-liked e-reader; and Amazon’s Astro robotic will get pet detection, dwelling safety updates and an SDK, by Brian.
Google revamps purchasing with 3D pictures, shoppable seems to be, shopping for guides, and extra personalization and Google unveils a extra visible search expertise for the TikTok era, by Sarah.
Google’s upcoming Maps function will allow you to take a look at the ‘vibe’ of a neighborhood, by Aisha.
The brand new Echo Dot can be an Eero, by Devin.
Amazon debuts new Echo gadgets, together with Echo Studio with spatial audio, by Kyle.
And we’ve got 4 extra for you:
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