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The FCC is taking a more firm hand in overseeing the prison phone system in a simple bill, which gives the regulatory body the power to ensure just and reasonable.
Christine and Haje will be gone for the holidays, but the Daily Crunch will return next week. We wish you a very happy Christmas if you celebrate, a peaceful holiday if you don't, and a prosperous 2023 if you do. Love from Christine and Haje.
The TechCrunch Top 4
Meta settles: After years of pushing back against a lawsuit, Meta has agreed to a $725 million settlement to resolve a class-action lawsuit over Cambridge Analytica harvesting data from Facebook users. Paul has more.
Breathe in that fresh air: Mila, the maker of a smart air purifier that came from humble beginnings on Kickstarter, scored $10 million in a round led by Electrolux. This gives it a $52 million valuation and the backing to add some smarts to a new product — a humidifier, Haje writes.
Charge it up: It looks like Tesla is #winning in a space that Apple couldn’t make work. The automaker unveiled its $300 charging mat that can recharge three devices at once, Matt reports.
The results are in: Dominic-Madori surveyed three Black investors about what they are prepping for in 2023. Read the full version on TechCrunch+.
Holiday shipping is easier this year, but the tech is still lagging
Global supply lines are in better shape than they were a year ago, but that doesn't bode well for the future.
He says that this year's improvements in shipping are a result of a decline in consumption rather than an improvement in the underlying infrastructure.
Today's data is rich beyond measure and we can use it to boost efficiency.
Holiday shipping is easier this year, but the tech is still lagging
There are three more people from the team.
The membership program helps startup teams get ahead of the game. This is where you can sign up. You can get a 15% discount on an annual subscription.
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We liked the in-depth look at how Mastodon is scaling as users decamp to other ways to share their thoughts. If you are not a subscriber, you can read her Q&A with Eugen.
If you are a LastPass user, you should check your email to make sure you haven't missed anything. Some customers' password vaults were stolen. The time has come for you to change your passwords.
India's latest fine isn't being taken seriously by the internet search giant. The search engine giant is appealing the hundreds of millions of dollars in fines it was ordered to pay.
We have more for you.
Can there be a fair election in social media land?: Annie writes that “botched content moderation” during Kenya’s elections last year leaves other countries with questions about what social media companies, like Facebook, Twitter and TikTok, will do to uphold election integrity in Africa as their elections happen.
Persistence or annoyance?: @ElonJet creator Jack Sweeney has a new Twitter handle now, still following Elon Musk’s jet, but now delayed, writes Connie. Meanwhile, if you’re Twitter Blue, you can now upload 60-minute videos, Ivan reports. Not sure any of us will stay long enough to watch one, so good luck with those new view counts.
Separated: India’s e-commerce giant Flipkart no longer owns a stake in PhonePe, Manish writes.
This move has Tesla investors shaking their heads: Tesla’s $7,500 discount feels desperate and is “giving investors the ick,” writes Rebecca, causing one to cut its price target for the automaker.
We made it! Another year (nearly!) complete. Go team! The end of the year means many things — holidays, food, family, reflection, etc. Around these parts, it also means it’s time for the Tech...For 2023, it appears investors are focusing on trends that are relatively safer and likelier to bear fruit
Startups that don’t have PMF, supportive investors or a manageable burn rate should already be planning to reduce headcount. Three years ago, Mila showed up on Kickstarter with its smart air purifier. The company created an air cleaner with a choice of different filters to suit the use case (and price point) customers we...Although Amazon as a whole has hit a bit of a post-peak pandemic rough patch, AWS keeps delivering.
A dozen countries in Africa, including Nigeria, the continent’s biggest economy and democracy, are expected to hold their presidential elections next year, and questions linger on how well social m...This year has been all about energy — who has it, who doesn’t and how much it costs. Investors took note.
Remember the Apple AirPower charging mat? Announced in 2017, the device was supposed to recharge three devices simultaneously, but Apple never released it, citing engineering issues. Now, Tesla is ...Reliance has backed the Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing on Thursday, making further inroads in startup backings globall...It’s not just the big names pulling back on headcount — private SaaS companies have similarly been implementing hiring freezes and headcount reductions for almost half a year now.
Facebook’s parent company Meta has agreed to a $725 million settlement to resolve a class action lawsuit related to the Cambridge Analytica data harvesting scandal. First reported by Reuters ...Google said on Friday it is appealing the Indian antitrust body’s ruling that accused the Android-maker of engaging in anti-competitive practices surrounding Android mobile devices and requir...More than a week after being banned from Twitter, Jack Sweeney, the University of Central Florida sophomore who has been a pain in the side of Elon Musk for at least the past year, has a new accoun...After taking over Twitter, Elon Musk had long promised that the company is working toward making the platform more appealing to video creators. Today, Twitter updated the Twitter Blue page declarin...Indian e-commerce giant Flipkart no longer owns a stake in payments firm PhonePe. The two said on Friday that they have completed a full ownership separation of PhonePe and shareholders in the Sing...Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
A brand-new law (awaiting only the president’s signature) will let the Federal Communications Commission directly regulate rates in the notoriously predatory prison calling industry. Under th...
