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Daily Crunch: EU, US reach ‘agreement in principle’ on trans-Atlantic data flows
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Spotify will suspend its services in Russia in light of free speech crackdown
Spotify will discontinue access to its streaming services in Russia in light of the country’s dramatic new restrictions on free speech. In early March, the Russian parliament enacted a new la...
IT can play a major role in driving sustainability
With data centers alone consuming around 1% of global electricity demand, IT departments have substantial influence on their organization’s sustainability goals.
Counting for Amazon’s Alabama and Staten Island union votes begins next week
It’s been a predictably wild ride for unionization efforts at Amazon’s Bessemer, Alabama fulfillment center. After a hard-fought battle, the retail giant emerged victorious last April. While worker...
SpaceX, Northrop Grumman to resupply the ISS through 2026
NASA just placed another order with SpaceX. The agency said Wednesday it had ordered six additional resupply missions from the company under its Commercial Resupply Services-2 (CRS-2) contract. NAS...
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How Europe has expanded its bid to disrupt Big Tech
The European Union’s co-legislators reached political agreement on a major reform of digita...
US charges four Russian spies for hacking Saudi oil facility and US nuclear power plant
The U.S. Department of Justice has announced charges against four Russian government employees for a years-long hacking campaign targeting critical infrastructure, including a U.S. nuclear power op...
TechCrunch+ roundup: PLG handbook, hiring early-stage sales teams, abolishing pro-rata
If investors don’t deliver on their promise to add value for investors, why are pro-rata clauses standard terms?
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Spotify confirms it’s testing a new ‘Car Mode’ interface with some users
Spotify has started testing a new “Car Mode” interface with some users, the company confirmed to TechCrunch on Friday. The test comes a few months after Spotify announced that it was re...
Improving discovery for NFTs will amplify digital creators and marketplaces
NFTs hold a tremendous amount of potential not only for buyers, but for artists as well. Yet, that potential isn’t being fully tapped.
HubSpot is the latest SaaS company to woo creators
It’s getting harder these days to get your buyer’s attention. It used to be that you paid for some ads and threw up some blog posts and you were pretty much good to go, but as these cha...
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TechCrunch
As Instacart looks to cut its valuation, will it kick off a trend?
The change in price won’t enthuse Instacart’s most recent investors – no one likes losses, paper ...
Netflix buys independent game developer Boss Fight in latest gaming acquisition
Netflix has acquired Texas-based independent game developer Boss Fight Entertainment, the company announced in a blog post. The financial terms of the deal were not disclosed. The deal, which marks...
It’s a fintech world, and we’re just living in it
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It was a live recording this week, which was good fun. Our c...
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Remote-work boom powers Firstbase to $50M Series B
Firstbase announced a Series B round of funding today, led by Kleiner Perkins. TechCrunch covered...
Bigblue raises $15 million for its D2C order fulfillment service
French startup Bigblue has raised a $15 million Series A funding round. The company operates an order fulfillment platform for direct-to-consumer (D2C) brands. In other words, a D2C brand can outso...
EU, US agree on data transfer deal to replace defunct Privacy Shield
The European Union has just announced reaching an agreement in principle with the U.S. on a revived trans-Atlantic data flows deal — potentially signaling an end to the many months of legal u...
Colabs gets $3 million seed to expand across Pakistan, launch back-office SaaS solution
Lahore-based coworking space startup Colabs is set to roll out a SaaS product to enable businesses to meet back-office needs including company registration, talent sourcing and management, payroll ...
Google-backed Glance acquires gaming platform Gambit in NFT push
Glance has acquired India’s Gambit as the Google-backed firm looks to supercharge its mobile games offerings and introduce NFTs to its Gen-Z users, TechCrunch has confirmed. Piyush Shah, co-f...
Former TikTok content moderators file lawsuit over ‘psychological trauma’
A pair of former TikTok content reviewers is suing the company, alleging that it failed to adequately support them as they engaged in the deeply disturbing work of removing objectionable videos fro...
