Tuesday, March 28, 2023

Zoom's new AI-powered features include whiteboard generation and meeting summaries

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By Christine Hall and Haje Jan Kamps

Tuesday, March 28, 2023

Happy Tuesday Crunch!

To meet the changing startup landscape, we're refreshing and reimagining TechCrunch Disrupt 2023 in a big way, with more of what you love and new ways to accelerate your growth — new stages, new content, and new opportunities. Panzer breaks down what you have to look forward to in his post today — don't miss it! Oh, and if you were laid off recently, we are offering a free Expo+ pass to TC Disrupt 2023. Join us!

Christine and Haje

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Image Credits: OLIVIER DOULIERY/AFP / Getty Images

The TechCrunch Top 3

  • It was only a matter of time: Zoom doesn't want you to stray far from its platform and has added new features, including email, assistant and calendar, so that it can go head-to-head with Slack, Calendly, Google and Microsoft, Ivan reports. That's a lot of sparring. We hope Zoom is up to the task.
  • RIP: Natasha L makes her case for why "Twitter is dying." We won't spoil it for you, but it involves a certain person taking it over. If you need any further evidence, only verified accounts will show up in the "For You" section starting April 15. Yes, the people who paid $8 for the blue check.
  • More layoffs: Manish reports that GitHub laid off "virtually its entire engineering team in India as the Microsoft-owned firm cuts its expenses amid weakening global market conditions."

"You can't be a global investor and not have presence in the UK"

Sponsored by GREAT Britain & Northern Ireland

The UK tech sector is home to more unicorns than Germany, France and Sweden combined with its founders focused on international growth. Find out how the UK is building world-class companies across AI, Fintech and Healthtech with a global outlook.

Read More

Startups and VC

Gotta love some solid startup drama, and Brian covers it in his summary of Turntable and all its iterations over the years: Turntable LIVE raises $7 million ahead of public launch, after years of co-founder disagreements and music licensing challenges.

We've all seen “Jurassic Park,” so we conclude that there's nothing that could possibly go wrong from taking mammoth DNA and vat-growing mammoth burger meat. That's right, a cultured meat firm resurrects the woolly mammoth so you can get a whole new (well, old) sensory experience, Paul reports. Personally, we can't wait for dino-burgers next. Next step: Triceratops tri-tip, Stegosaurus steak and Brachiosaurus burgers all around.

And we have five more stories for you, home grown in small artisanal batches by your friendly, local TechCrunch writers:

Q1 VC results tread water, but that's cold comfort for SaaS unicorns

As Q1 2023 draws to a close, Alex Wilhelm reviewed early data from PitchBook to get a feel for key VC trend metrics like deal count and total capital invested.

"The picture forming from Q1 2023 venture data is one of measured decline compared to the end of 2022," he found.

"And March brought with it something akin to a boomlet in domestic venture activity, which could become an even brighter spot if the last bits of first-quarter data further bolster the month's totals."

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription!

Read More

Q1 VC results tread water, but that's cold comfort for SaaS unicorns image

Image Credits: Nigel Sussman/TechCrunch

Big Tech Inc.

If you're a fan of listening to music without words while you work, as Christine does, then Apple has a treat for you. Apple Music Classical is now available for download and includes over 5 million tracks, Ivan and Sarah report. Tweet at Christine and let her know your favorite piece. Hers is "Isle of the Dead, Op.29" composed by Sergei Rachmaninoff. It's a delightful 19 minutes.

Also in today's Apple headlines is the launch of Apple Pay Later, which enables users to split the cost of an Apple Pay purchase into four equal payments over six weeks without interest or late fees. Kyle has more.

Meanwhile, it's time to take a walk on Amazon's Sidewalk, a low-bandwidth, long-range network that the delivery giant opened to developers. Sidewalk can be used to connect Internet of Things (IoT) devices and "developers will be able to check their local signal strength on a map to get a better sense of whether their devices will be able to connect to the network before they start working on a product," Frederic writes.

And we have five more for you:

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard

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Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

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Monday, March 27, 2023

Twitter tells GitHub to remove proprietary source code and help them ID who posted it

TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

By Christine Hall and Haje Jan Kamps

Monday, March 27, 2023

Happy Monday Crunch, our Crunch-a-licious friends!

Our favorite part of Lorenzo's excellent piece on how the feds busted a cybercrime forum: "​​In a spectacular snafu on the hacker's part . . . the second piece of evidence came from Pompompurin himself. . . . He said he noticed a data breach posted on the site did not include ‘one of my old emails,’ which he looked up on the legitimate data breach notification site Have I Been Pwned.”

Go get 'em. Or, if your business is more of avoiding than getting, go avoid 'em!

Christine and Haje

 image

Image Credits: maciek905

The TechCrunch Top 3

  • Come together: If you find yourself grumbling about using Microsoft Teams, this story might bring a smile to your face: Frederic reports that Microsoft rebuilt Teams from the ground up, promising some neat things, like 2x faster performance and only half the memory being used.
  • Riding the WaveOne: If you're having a "Silicon Valley" experience right now, you're not alone. Apple acquired WaveOne, a startup using AI to compress videos, Kyle reports.
  • Ahead of the game: A GitHub user named "FreeSpeechEnthusiast" wanted to get the drop on Elon Musk's promise to open source all code used to recommend tweets on March 31 by creating a repository on GitHub that contained Twitter's source code. Ivan explains what happened next.

Smart investment looks to the UK tech sector

Sponsored by GREAT Britain & Northern Ireland

Find out why leading West Coast VCs believe the UK has one of the best tech ecosystems in the world - closing the gap with Silicon Valley and China. See how companies including Revolut and Graphcore have benefitted from decades of sustained R&D, innovation and creativity in the UK.

Learn More

Startups and VC

First Citizens Bank has agreed to buy $72 billion in deposits and loans from Silicon Valley Bridge Bank, the California lender formerly known as Silicon Valley Bank that was taken over by the FDIC two weeks ago, Manish reports.

Another handful to keep you ready for this week's watercooler moments:

Just starting out angel investing? Avoid these 7 mistakes.

Becoming an angel investor isn’t easy, and that’s on purpose.

Those who claim the title must satisfy a few requirements with regards to income and licensing. If not, just about anyone could schedule Zoom calls with founders to talk about making their dreams come true.

Business schools teach the basics, but Mysty Rusk, who’s reviewed around 4,500 deals over the last 20 years, says the most important lessons she learned were the result of mistakes she made along the way.

“There may be no way to foresee a global crisis, a stealth competitor, or other risks that are completely outside the startup's control,” writes Rusk, “but some obstacles are avoidable with the right knowledge.”

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription!

Read More

Just starting out angel investing? Avoid these 7 mistakes. image

Image Credits: Alyona Jitnaya / Getty Images

Big Tech Inc.

It's springtime, so we are guessing it was the right time for Alibaba founder Jack Ma to be seen again. Rita reports that Ma returned to China after a year of uncertainty that included China "trying to voice support for the private sector following a years-long crackdown on the tech industry, including shelving the IPO plans of Ant Group, the fintech affiliate of Alibaba. The movement prompted some founders to move abroad and seek to expand their businesses overseas."

It seems Salesforce did a good job in convincing investors that it is on the right path. Activist investor Elliott Investment Management, which had probably been a thorn in Salesforce’s side for the better part of this month, said it was ditching its director nomination plans. Paul has more.

And we have five more for you:

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard

See more jobs on CrunchBoard

Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

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