Wednesday, November 1, 2023

Either upgrade your YouTube subscription or let the ads flow, the streaming giant says

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By Christine Hall

Wednesday, November 01, 2023

Today's top story is a continuation of one we gave you in June where YouTube was experimenting with limiting the use of ad blockers. Now Ivan writes that YouTube is making a global effort to get users to upgrade to an ad-free subscription or risk their video player being blocked. Get the scoop.

Meanwhile, buy now, pay later is getting some side-eye from U.S. regulators. However, Tabby's latest monster round of $200 million, at a $1.5 billion valuation, shows the concept is still attractive to consumers. So much so that the company reached profitability.

And Carly has a look at why Atlassian is urging customers to take "immediate action" to protect themselves against a data-loss security bug. Here's what happened.

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Image Credits: Alexander Shatov / Unsplash

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Fifty-four days and counting: Does your favorite person work from home? Perhaps they might like one of these five gifts for the holidays. Gifts for remote workers in 2023.

It's an AI world, and we're just living in it: Now that LinkedIn is approaching 1 billion users, it's pulling out all the stops to retain them with some OpenAI-powered reading and writing tools. See what's new.

Don't worry, WeWon't: Be surprised, that is, if it turns out that WeWork files for bankruptcy (TC+). If you need a refresher on what's going on, start here.

Scratching our heads: While some giant retailers stopped selling some banned China surveillance equipment, lawmakers are puzzled as to why Costco made the decision to continue selling it. Get the scoop.

Math haters, listen up: We've got a Google update that will put a smile on your face. Google Search can now help you solve geometry, physics and calculus problems. Here's how. Meanwhile, Google launches generative AI tools for product imagery to U.S. advertisers.

Once you go VC, you never go back: Authentication startup FusionAuth raises $65 million in its first outside round. Learn what this cyber company does.

Yup, yup, yup: If Sam Bankman-Fried's recent court appearance has you likening it to the martians on Sesame Street, you are not alone. Our team counted up the number of monosyllabic answers to report that SBF said nothing and everything in his testimony, all at the same time. (TC+) Also, prosecutors began their closing arguments today. Here’s what they said. (TC+)

Better together: Plex becomes a social network with the public debut of "Discover Together." Learn more.

Developer's dream: Big data serving engine Vespa, now with $31 million in investment from Blossom Capital, is ready to go at it alone since spinning out of Yahoo. Here's how it will do it.

Cutting corners: Procurement management software startup Oro Labs lands $34 million in investment to help organizations more easily acquire goods and services. Read more.

Even more for your Wednesday:

Southeast Asia funding at its lowest level in six years

Why Comcast built an accelerator to nurture sports startups (TC+)

Snowflake brings together developer and analyst needs in new GenAI tool

Apple iPhone shipments just had their best quarter in India

Subaru follows Toyota in adopting Tesla's charging standard

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On the pods

In today's Equity, Mary Ann and Alex speak to ALIAVIA Ventures co-founder Marisa Warren about raising a new fund and about:

  • The current state of venture investment in women.
  • Why the numbers aren't changing, and what she thinks could make a difference.
  • When startups should target their second market, and how.

ALIAVIA invests in startups based in the U.S. and Australia that have at least one female founder, and helps their portfolio companies tackle new markets. Listen here.

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Tuesday, October 31, 2023

Apple warns some Indian lawmakers of state-sponsored iPhone attacks

TechCrunch Newsletter
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By Christine Hall

Tuesday, October 31, 2023

Happy Halloween! The story making its final resting place at the top today involves Apple getting wind of — and alerting — about a half-dozen Indian lawmakers who were targets of state-sponsored attacks to their iPhones. Manish reports these individuals are part of a group opposing Prime Minister Narendra Modi. This is not a trick.

Meanwhile, Dig Security is confirmed to be the latest company that Palo Alto Networks is buying. Ingrid writes that the financial terms were not disclosed, but she has on good authority that the price is $400 million. Read more.

And regarding President Biden’s AI executive order, Devin gives us the treat of explaining what happens when something like this is hailed as being broad but not deep without legislative backing yet. It’s going to take time.

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Image Credits: Manoj Verma / Hindustan Times / Getty Images

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Bobbing for Apples: Also out to spook us was Apple's October Scary Fast Event. Here’s everything announced. It wasn't a trick that we suspected new M3 chips would be featured, as was a new color for the MacBook Pros (and bye-bye, Touch Bar), a new iMac and the Journal app. The whole event was shot on an iPhone.

Out of the bubbling startup studio cauldron: Hexa, the startup studio behind Front, Spendesk and Aircall, unveils its next batch of startups. See the list.

A few companies got some big treats: We reported on a few big rounds and valuations today, including Brazilian fintech QI Tech, which landed $200 million in a round led by General Atlantic. Also, Shield AI raised $200 million at a $2.7 billion valuation to scale military autonomous flying tech. Finally, SkyCell raises $57 million at a $600 million valuation to build smart containers for pharmaceutical transport.

Fraud alert: The U.S. Securities and Exchange Commission accuses SolarWinds CISO of misleading investors before a Russian cyberattack back in 2019. Get the scoop.

X marks the spot: Now that we know X is valued at $19 billion, Alex has questions. Lots of questions. Like does X's new valuation make sense? (TC+)

App-solutely getting that on video: Companies use a lot of apps and software. Meet Guidde, a startup using AI to automatically generate software documentation videos so your new employees know what's up. Read more.

RIP to bad ways to make proteins: Cambrium aims to one-up nature with designer proteins that scale sustainably. Find out how.

Nevermore: Quora's Poe introduces an AI chatbot creator economy. That's right, bot creators can generate income.

Tales from the crypt-o: A new nonprofit, backed by a crypto billionaire, scores AI chips worth $500 million. Read about the nonprofit's unusual structure.

Turn that haunted property into a house: This proptech startup says generative building design can change the way cities are built. See how.

Fighting chronic disease: Egyptian health tech Almouneer raises $3.6 million to scale its platform for treating diabetes and obesity. Read more.

Consulting the crystal ball: DeepMind's latest AlphaFold model is more useful for drug discovery. Here's the prediction.

Even more treats for your Halloween bucket:

Alexis Ohanian says he's a 'techno optimist,' despite social media's impact on society

SBF's defense puts forth a 35-minute last-ditch effort to show his goodwill (TC+)

Toyota to invest another $8B into North Carolina EV battery factory

Why ransomware victims can't stop paying off hackers

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Image Credits: Apple

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On the pods

On today's episode of Found, Becca and Dom are joined by Abhi Ramesh, the CEO and founder of Misfits Market, a grocery startup that sells surplus and unwanted produce directly to consumers who don't mind funny-looking foods.

They talk about how he started the company in his apartment, handling every aspect, from personally buying the unwanted produce from the farms, to storing the food, to packaging and shipping, all while running the website and trying to fundraise.

He racked up six-figure credit card debt to fund the logistics-heavy startup before raising his first seed round — and that was just the first three months of the company. They also talked about:

  • The systemic issues that have created a massive amount of produce waste.
  • Changing consumer behavior when shopping for food and how COVID helped their business.
  • The lessons Ramesh learned after Misfits Markets acquired Imperfect Foods and what the next steps are for the company.

Listen here.

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