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We’re here on Friday! If you’re looking for a good podcast show, I highly recommend Today’s Where’s the Fair. Natasha M, Mary Ann And Becca Talk about CES, NYE, SBF and FTX – oh my! Also, shout out to you Daily Crunchers for helping you read yesterday’s newspaper and make it one of today’s top read stories. It warms my heart, and I hope today’s news is just as heartwarming. Without further ado… Christine
TechCrunch’s Top 3
- Knock, knock, guaranteed tenants are at the door.: Property owners don’t always have peace of mind when renting out their space, but Doorstead believes its approach is solving that. Mary Ann The company reports that it has secured $21.5 million in new funding to help you not only know how much rent to expect, but also to ensure you always have a tenant.
- Credit buzzIndian fintech KreditBee, whose business model helps people get microloans, has attracted more venture capital — $100 million in fact — to boost the company’s valuation to nearly $700 million. Manish He wrote.
- Seeing is believing: came The Lumius bid has reduced the AR lens slightly.
TechCrunch @ CES
If you liked the above on Lumus, you’ll love what else the TechCrunch team has in store for you today as they continue to cover the Consumer Electronics Show in Las Vegas. Two more days left!
Gadgets and gizmos galore:
Will the filing of dry powder standards trigger a late burst of startup investment?
Image Credits: Tim Roberts / Getty Images
There’s a subtext to the wave of discounts and Craigslist ads for discounted office supplies: tech investors have amassed nearly $290 billion in dry powder.
“Despite the slowdown, strong funding and tailwinds for digitization spending are leading some market participants to believe that we are in a strong investment cycle,” said Raphael Mukomilou and Pierre Bourdon at Picus Capital.
In the year After tracking uninvested capital year by year going back to 2006, the pair noted that “a crisis in the investment landscape has often been followed by years of systematic underperformance and history has a way of repeating itself.”
Three more from the TC+ team:
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Big Tech Inc.
If you’ve been using Snap’s desktop camera to give yourself a fun filter during a video call, start saying goodbye now. Ivan Snap reported on January 25 that it is shutting down its Camera app to focus on its Camera Kit for Web feature. He also noted that there may be more behind the move, saying, “The Snap Camera app’s demise — first spotted by The Verge — isn’t entirely surprising. Last year, it cut 20 percent of its workforce and shut down the drone just months after it first launched.
And we have five more for you:
- We are dropping prices left and right.: Matt Tesla has reported price cuts for the Model 3 and Model Y in China for the second time in three months.
- Fraud In the world of AIIf you were in school in the late 1990s or early 2000s, you may remember your teacher telling you not to use the Internet because it was full of misinformation. Well, technology has come a long way, and now chatgpt is a thing. Amid news that New York City public schools are banning ChatGPT, OpenAI says it’s working on “mitigations” to detect ChatGPT-generated text. Kyle Reports.
- TikTok, it’s time to sleep.: We hear alarms to wake you up, but phone screens are meant to catch you when you should be sleeping. “No problem,” says Tik Tok, who is trying out the “Sleep Reminder” feature as he falls asleep. Aisha He wrote. And that’s not all – TikTok also reports that it now has a video sweeper thumbnail to make it easier to find specific video segments.
- It’s enough to make you Twitch.Website and app outages happen all the time, but when Amanda She saw it happen on Twitch for the second time in a week and decided to get to the bottom of it.
- Samsung did not sing a happy tune.: Kate It reports estimates for Samsung’s quarterly profit, which doesn’t look good. The memory chip and phone maker said quarterly profit fell to an eight-year low on weak demand for its products.
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