Monday, January 8, 2024

Pitch your tent now for Apple’s Vision Pro sale

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By Christine Hall

Monday, January 08, 2024

Those of you waiting patiently for the sale of Apple's Vision Pro have something to celebrate today. Brian reports that the long-awaited headset goes on sale February 2 for $3,500. It will feature over 1 million compatible apps and over 250 games. Also, check out what Darrell has to say about whether the Vision Pro launch will be a Groundhog Day for immersive computing.

Next, another African fintech is throwing its hat into the fintech ring. Tage writes that Cleva, currently going through Y Combinator, is creating a banking platform for individuals and businesses to receive international payments by opening U.S. accounts. This one is founded by Stripe and AWS alums and just claimed $1.5 million in pre-seed funding. Read more.

Coming back to Apple . . . Ivan reports that the consumer electronics giant is at odds again with email service Hey. This time it is over the rejection of Hey's new calendar app from the App Store. Get the scoop.

And CES 2024 kicked off today in Las Vegas. Not only do we help you watch it live, but we also have a roundup of everything announced so far in case you don't have time to tune in. Some of the big stories you'll see include:

Volkswagen is bringing ChatGPT into its cars and SUVs

CES brings us another wave of overpriced 'smart' cookware

Bosch thinks in-car eye-tracking can be used for more than safety

 image

Image Credits: Brian Heater

More top reads

Funding ahead: Venture debt is not for everyone, and not everyone is a fan. Enter fintech company Arc Technologies, which wants to make the concept popular again with its venture debt marketplace targeting Silicon Valley companies. Read more.

More layoffs, and a pivot: German startup Pitch, a company that offers presentation software for businesses, switches to a new CEO and lays off two-thirds of its workforce. Get the scoop.

Amazon delivers: We have a pair of Amazon announcements for you. First, Amazon taps into artificial intelligence to help customers find clothing that fits when shopping online. The delivery giant also has a new initiative on the healthcare front called Health Condition Programs. It’s a digital health benefits program to help people manage chronic conditions.

To the moon . . . almost: At first, Astrobotic’s lander was on its way to the moon after a successful launch. However, it has since encountered some issues that will likely make a moon landing not possible. Learn more.

We see HUE: Health in Her HUE, a digital health app focused on women of color, closes on $3 million in seed funding to reduce health disparities. Meet founder Ashlee Wisdom.

Look over here, not over there: Microsoft Copilot has been a big fixture in the news lately. Now we get some news that despite free access to GPT-4, Microsoft's Copilot app hasn't impacted ChatGPT installs or revenue. Here's why.

Navigating a fork in the road: As you've most likely read in the past few months, the sales of electric vehicles are doing okay, depending on the company. However, even though there were strong results in the fourth quarter, Tim writes that they could have been stronger. (TC+)

Hacked: LoanDepot is trying to return to its normal business operations after a suspected ransomware attack took the company offline. Read more.

Weekend warriors you may have missed:

Carta, the cap table management outfit, is accused of unethical tactics by a prominent startup

Tulsa's tech scene remains resilient amid state's anti-DEI efforts

Deal Dive: A Stripe secondary deal worth paying attention to (TC+)

Vietnam EV maker VinFast plans $2B investment in India

More top reads image

Image Credits: Arc Technologies / Don Muir, co-founder and CEO of Arc Technologies

On the pods

On today's Equity, Alex got into stocks and crypto, including Bitcoin ETFs. He also explores how ULA managed to get a rocket into the sky and what’s going on at Carta. Listen here.

On the pods image

Image Credits: Bryce Durbin

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Friday, January 5, 2024

What do Ryan Reynolds and Sam Altman have in common?

TechCrunch Newsletter
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By Christine Hall

Friday, January 05, 2024

To answer the question from today's headline, Paul reminds us why we've heard of mobile virtual network operators (MVNOs), who's using them and why they are having a moment right now. Get the scoop.

Meanwhile, artificial intelligence is seeping into every industry as a way to automate and streamline workloads. Romain writes about Nabla, a French startup that raised another $24 million for its AI approach to helping doctors. Read more.

And Kirsten reports on Aurora and Continental, which made a pre-CES announcement that they completed the first phase of a more than $300 million project to mass-produce autonomous vehicle hardware for commercial self-driving trucks. Buckle up.

 image

Image Credits: Jobalou / Getty Images

More top reads

Tough year in VC: Venture capital activity was down everywhere, including Africa. In today's story, Annie and Tage give a deep dive into what happened in 2023 and talk to investors about what happened and where the ecosystem goes from there. Read more.

Drive time: Uber is testing a flexible pricing model across India in a move that could help it gain a broader customer base. See how it works.

IPO alert: MobiKwik, an Indian financial services company, is going after an $84.2 million raise through issue of new shares in an initial public offering in the home market. Read more.

Pitch Deck Teardown: In this latest version, which just so happens to be the 78th one (and you can be the 79th), Haje looks at Pepper Bio's seed deck. Find out what he liked, and didn't like, about the drug discovery company's approach. Get the scoop. (TC+)

Hype it up: Artificial intelligence was everywhere in 2023, especially if you've been reading TechCrunch. After a year of hyping it up, venture capitals say they are eager to move forward and see more enterprise adoption and vertical AI solutions. Learn more. (TC+)

Watching for the plateau: It's true — when you hit a peak, usually the only way to go is down. And as I mentioned at the beginning of this section, it's been a tough year for VC. Now we have the fourth-quarter data to prove it. Take a look. (TC+)

In case you missed it:

CES 2024: How to watch as Nvidia, Samsung and more reveal hardware, AI updates

Logan Paul promises CryptoZoo refunds, as long as you don't sue him

Lawsuit against Snap over fentanyl deaths can proceed, judge rules

The goal of a startup is to cease existing (TC+)

More top reads image

Image Credits: Bryce Durbin/TechCrunch

On the pods

This week on Equity, we kicked things off with news of Ruth Foxe Blader leaving Anthemis to launch Foxe Capital and Exponent announcing their second fund. We then dove deep into layoffs and shutdowns for Frontdesk and Countdown Capital, respectively, and new efforts to support tech startups in both Israel and Palestine. Listen here.

On the pods image

Image Credits: Bryce Durbin

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