The Swedish technology conference awarded a $1 million competition from Russian co-founders

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What’s up, crunchers! Hajj is back from his hiatus, and our team of wordsmiths from TC are trying our best to bring you a wall of amazing stories. Let’s be excited! – Christine And came

TechCrunch’s Top 3

  • Here yesterday, gone today“Before entering the competition, we had to thoroughly evaluate the practices of all participants.” That’s what they and the VC Pitch judges said after Slush’s editors decided to revoke the $1 million prize awarded to Imigram after they discovered the company had ties to Russia. Mike It has more.
  • Tesla’s dark times350,000, or 1%, of Tesla’s electric vehicles sold in the past two years, including taillights and headlights and airbags; Jacqueline He wrote.
  • Clouds of doom and gloomNo optimism here for starters. Flipkart CEO Kalyan Krishnamurthy didn’t mince words when he warned startups of “a lot of turbulence and volatility” in his financial forecast over the next 12 to 18 months. Manish Reports.

Startups and VCs

Actor Noah Schnapp, who stars in the hit Netflix series Will On, reports that co-founder Hazelnut Cocoa Nutella aims to “reinvent” Nutella, so tbh is passionate about it. Mary Ann. The company turned to crowdfunding to raise money for the vegan alternative.

During our TC Session: Crypto event last week in Miami, Darrell A real who’s-who in crypto sat down to talk about the crypto regulatory landscape. The key takeaways that all three panelists basically agreed on is that the benefit of the FTX situation now more than ever is the impetus to reach a specific regulatory framework for crypto in the U.S. You can view the episode on the site.

Here’s a fellowship of stories to see you through the rest of your Monday. Be a light in dark places when other lights go out.

Get your product and customer success teams on the same page to improve net retention

Image Credits: Richard Drury (Opens in a new window) / Getty Images

You don’t need to move the needle far to optimize customer success. Ever-evolving SaaS startups accumulate small wins that have the potential to change a company’s direction.

Instead of a traditional siled approach, moving product and CX teams into one unit can help align incentives, writes Brian House, Product and Customer Success at Elastic Path.

“Regardless of your role, product management, UX and customer success should report to the same person,” he advises. “This leader needs to create a structure that shares incentives and common goals aligned with your customers’ success metrics.”

Three more from the TC+ team:

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.

It’s a bit of déjà vu for Broadcom, which is back under the scrutiny of competition regulators. Meanwhile, the UK’s Competition and Markets Authority is looking into the chip giant’s proposed $61 billion deal to buy virtualization software giant VMware. If you don’t remember last time, Broadcom was trying to acquire rival Qualcomm in 2018. The deal was canceled after former President Donald Trump cited national security concerns. Paul “Both the political and competitive optics are different at this point, so it’s hard to predict how this will all play out,” he wrote, but he did get a comment from Broadcom about what the company thinks.

Oh, FIFA is back. Lauren It has your instructions for releasing it.

Five more for you Monday:

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