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Hello, dear readers! We’re back again (like Traitor Lord) with a great wall of tech news stories. Plug in some headphones and bob your head to that song as you catch up on what’s going on in the wider world. Remember: there is no such thing as a standing desk. It’s a dance table. Oh ok (we may have had a little too much coffee this morning. That might explain our bad behavior.) – Christine And came
TechCrunch’s Top 3
- Turn on your woolVeterinarians are being stretched to their limits as pet ownership increases since the outbreak. Romania-based Digital is here to automate the administrative work of veterinarians so they can focus on our four-legged friends. Mike The company reported closing $11 million in new funding to expand its operations in the US and Canada.
- Your activity: Amanda He writes that changes to Dungeons and Dragons’ Open Gaming License threaten a group of D&D content creators who are struggling to keep their livelihoods.
- Starts SBF SubstackSam Bankman-Fried took to Substack to explain his side of the FTX controversy, saying, “I didn’t steal money, and I certainly didn’t steal billions. Mary Ann It has more.
Startups and VCs
The outlook for investment in China has suddenly brightened as the country gradually dismantles its zero-covid policy, which has disrupted all kinds of businesses and closed the country’s borders for the past three years. Rita Reports. For venture capitalists, the pandemic has been a chaotic ride. Tony Wu, a partner at Northern Light Venture Capital, a China-focused VC firm with $4.5 billion in assets under management, calls 2022 the “toughest” of his 15 years of investing in Chinese startups.
Other highlights to build for you:
Why Africa Didn’t Have a Unicorn Last Year Despite Record Fundraising
Image Credits: Getty Images
The unicorn is becoming an endangered species in the African startup ecosystem, reports Tage Kene-Okafor.
Although funding in the region increased slightly in 2022, “no unicorns emerged for the entire year, compared to five in 2021,” he wrote.
“So what happened in Africa in 2022… that made it weird?”
And there’s more for our loyal TC+ subscribers:
TechCrunch+ Our membership program helps founders and startup teams stay ahead of the pack. You can register here.. Use code “DC” for 15% off annual subscription!
Big Tech Inc.
We started some of these yesterday, but Natasha L It brings us a warning article for other ad-supported programs to keep an eye out for when meta ads are illegal in the EU. “Just because Facebook has processed and profited from Europeans’ data for years by running illegal ads doesn’t mean other ad-supported platforms get the same free ride from EU regulators,” she wrote. Enforcement is finally here.
And we have five more for you:
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