Welcome to Week in Review, folks, TechCrunch’s regular roundup of Week in Tech. GPT-4, OpenAI’s text and image understanding AI, may have dominated the headlines in the past few days. But new drama has also emerged surrounding the collapse of Silicon Valley Bank. We cover all of that and more in this issue, so grab a coffee and sit back. A quick note, TechCrunch Early Stage 2023 is fast approaching. It will be in Boston on April 20 and will feature three concurrent founder-future workshops, case studies and deep dives…
Day: March 18, 2023
Let’s talk about succession plans
Welcome to Startups Weekly, a special focus on this week’s startup news and trends by a senior reporter and equity co-host. Natasha Maskerenhas To receive this in your inbox, subscribe over here. Maybe it’s the fact that “success” is back next week, or maybe it’s the fact that Silicon Valley has its first banking crisis, but I want to talk about the lineage in startups. As I wrote in my recent post: Silicon Valley Bank is a good reminder that startups, often entrenched in a world of risk and adversity,…
Infinitely disappointing, we probably won’t get tech IPOs until later this year.
But there are reasons to be optimistic that we will get a decent public offering. IPO market So far 2023 is a goose egg, and we probably won’t get any exciting IPOs for another quarter or two. This is incredibly unfortunate for your friendly, local TechCrunch+ reporting team, who love the S-1 more than anything else. The good news is that when we get the IPO train back on track, we should be able to see some decent public-market startups. Let’s talk about why. The exchange examines startups, markets and…
Hear why AtoB calls itself the Strip for Trucks on TechCrunch Live
While trucking is a critical industry, most operations are operating on outdated platforms. AtoB thinks it has a solution, and CEO and co-founder Harshita Arora says the company is essentially Stripe for transportation. I’m excited to have her and Eric Tarczynski of Opposite Capital speak at the upcoming TechCrunch Live. March 22 at 12 pm PT / 3 pm ET. TechCrunch’s Rebecca Bellan talks to them about the company’s growth and current state. AtoB has raised $175 million in three rounds of funding. The last was a $75 million Series…
Corporate Venture Capital: How To Apply | TechCrunch
This is what you want. in the middle of the movement With the industry’s funding slowing in 2022, non-traditional investors such as hedge funds and private equity firms ran for the hills. Many assumed that corporate venture capital funds would too – but they didn’t. These strategic backers remained consistent in 2022 and, according to PitchBook data, increased their presence in venture deals. In the year In 2022, CVCs participated in 26.2 percent of venture deals, just a hair above 25.6% in 2021. Although this is by no means a…
Qualcomm is poised to dominate EVs before Apple has a chance.
Perhaps crucially, Qualcomm also claims that its digital chassis will allow automakers to “capture the in-vehicle experience… [and] Extend their brand and bring consumer interaction to the vehicle. This will be especially welcomed by manufacturers after the announcement of Apple’s next-gen multi-screen version of CarPlay in June. Indeed, when CarPlay 2 was announced, WIRED reached out to several major automakers to comment on Cupertino’s system, and the companies seemed unaware of the news, and its potential impact on their own dominance of Car UI, was coming. The digital chassis system…
10 Best Sound Machines & White-Noise Machines (2023): Cheap, Night Lights, Lullabies
i can’t sleep In total silence. I need a fan or fire crack. Too much noise and I can’t turn my mind off, but too little and every toss, turn or sneeze is amplified. Whether you feel the same way or not, you probably still don’t get enough sleep, and if you’re like most people, it’s not for lack of trying. Help is available. A good noise machine (also called a white-noise machine or a sleep machine) is one tool in the toolkit that can help you get the recommended…
Security news this week: Ring is tight with hackers.
What is more controversial. Instead of a famous surveillance camera maker who has an uneasy relationship with the US police? Ransomware hackers say they’ve breached that company, Amazon’s camera maker Ring, steals its data, and Ring responds by denying the breach. But we will go there. Five years ago, police in the Netherlands arrested members of Russia’s GRU military intelligence as they tried to hack into a chemical weapons defense agency in The Hague. The group parked a rental car outside the company’s building and hid the Wi-Fi sliding antenna…
India’s sacred groves are reviving the dying forest.
Ankoli Stoll runs a place called Nilatangam, a 7.5-acre forestry project started by her parents in Europe when Auroville was first set up. Nilatangam has tall trees from different parts of the world but few indigenous species. It is not as dense and complex as the forests of sacred groves. Instead, the trees are spaced cleanly, like crops on a farm, with plenty of room for walking and natural planting. Stoll works with Blanchflower and Baldwin in the herb garden, and says that at Nilatangam she has recently planted many…
Over the weekend Silicon Valley looked into the depths
Friday March 10, Mike Wheeler, chief legal officer of payroll startup Patriot Software, was on a five-day cruise off the coast of Florida to celebrate his brother’s wedding. That morning, as he headed out to the beach for a short stop in Key West, his cell service was back on and he received a text from the company’s former bank representative: “Are you ready to withdraw some dollars from Silicon Valley Bank??? 😳 Wheeler replied with a question mark. Overnight, his company had to send cooks, librarians and 46,000 other…