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| On the one hand, we could be upset that Punxsutawney Phil saw his shadow, but the sun hasn’t come out where Christine lives for several days, so sheâs pretty stoked that wherever Phil lives has a ray of sunshine or two. In other news, Haje has to move house due to a flooded apartment, weather is real, and perhaps itâs time we start taking climate change seriously, yâall. Meanwhile, for todayâs Black History Month recommendation, weâre watching Angela Davis talking about how we can’t eradicate racism without eradicating racial capitalism. â Christine and Haje |
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The TechCrunch Top 3 The List: Ron has been following the Salesforce layoffs announced last month and writes that although these were announced in January, some employees are just now finding out they are on the list. Ouch. Grocery store going digitalâ¦currency that is: Reliance Retail, Indiaâs largest retail chain, is now accepting payments in digital rupees, known as Central Bank Digital Currency, Manish reports. The password isâ¦: Dashlane, a password management company, published its source code to GitHub, which Paul writes is one of the first steps the company is taking to provide transparency about its platform. |
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Startups and VC Lex, the hookup and social app that launched in 2019 with a nod to lesbian personal ads from the â80s, is changing. Only, precisely how much will change is still an open question, Harri writes. Sure, the venture-backed startup behind the queer app gave it a new lick of paint last week, but in refocusing on âfriends and community,â some users fear that Lex will also scrub away its beloved raunchy essence. “Keep Lex filthy,” the users are chanting. The growing ease with which anyone can create convincing audio in someone elseâs voice has a lot of people on edge, and rightly so, Devin writes. Resemble AIâs proposal for watermarking generated speech may not fix it in one go, but itâs a step in the right direction. Hereâs another bucket oâ stories for your reading joy: Pass the crayons: Ingrid reports that open source platform for designers and their coders Penpot draws up $12 million as its user count crosses the 250,000 mark. Thereâs something fishy about this: Christine writes that New School Foodsâ filet looks and tastes like salmon, but itâs actually plants. Whale, whale, whale: Frederic reports that Triple Whale raises $25 million for its Shopify data platform. Donât worry, bee happy: As the bee population declines, BloomX secures $8 million to apply AI and EVs to pollination, Mike reports. Bank grows horn: UK neobank Zopa just raised $93 million at a $1 billion+ valuation, Ingrid reports. |
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| Offering a free sample in the hopes that the recipient becomes a paying customer is a core tactic at food courts, cosmetic counters, and inside software startups. Freemium products are everywhere, but unless companies revisit and optimize their strategy, there’s no effective way to optimize conversions. “Enabling freemium, especially for established products, can bring organizational and operational challenges even if it adds value to the business,” writes Konstantin Valiotti, product director of growth at PandaDoc. In this article, he presents strategies for optimizing: User activation Conversion paths Product changes Where to place barriers and limitations Three more from the TC+ team: Tearing into language learning: Pitch Deck Teardown: Laoshiâs $570K angel deck, by Haje. Gotta get pumped: Want to buy an EV or heat pump? New coin will help you defray the costs, by Tim. Hardware is hard? Well, then build it more like you make software: How Fictiv is making hardware manufacturing more like building software, by Haje. TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code âDCâ for a 15% discount on an annual subscription! Read More |
| | Image Credits: Richard 0rury / Getty Images |
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Big Tech Inc. Samsung, Google and Qualcomm are poised to take us in and out of reality, Ivan writes. The trio is making a mixed-reality platform that Qualcommâs Cristiano Amon described as âa new era of highly immersive digital experiences that blur the line between our physical and digital worlds. With our Snapdragon XR tech, Samsungâs amazing products, and Google experiences, we have the foundation to make this opportunity a reality.â As a follow-up to his Apple HomePod review, Brian spoke to the companyâs hardware VP, Matthew Costello, to discuss Appleâs approach of âif it ainât broke, donât fix it.” Thereâs going to be six more weeks of winter, so how about six more stories? Itâs a trap!: Financial software firm Ion Group confirmed a ransomware attack that affected some of its trading and derivatives systems, Carly reports. That ad might be illegal: If members of the European Parliament get their way, political ads may face tougher targeting restrictions, Natasha L writes. All for You: TikTok has some new features, including a new system for enforcing post violations, and the test of a new one for the âFor Youâ feed, Sarah reports. Weâve got your ticket to ride an e-scooter: Lyft wants to reshape shared micromobility with dockable e-scooter. Rebecca has more. Picture it, layoffs: Pinterest lays off another 150 people as a part of its âlong-term strategy,â Ivan writes. Taking off: Chinaâs EV upstart Xpeng got the green light to launch its electric vehicle takeoff and landing vehicle, Rita reports. |
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