Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron: Rita Liao
Despite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that develops semiconductors to give devices artificial intelligence…
Twitter rolls out bigger images and cropping control on iOS and Android: Taylor Hatmaker
Twitter just made a change to the way it displays images that has visual artists on the social network celebrating. In March, Twitter rolled out a limited test of uncropped, larger images in users’ feeds. Now, it’s declared those tests a success and improved …
Founded by former Carousell and Fave execs, Rainforest gets $36M to consolidate Asia-Pacific Amazon Marketplace brands: Catherine Shu
Singapore-based Rainforest is one of the newest entrants in the wave of startups that “roll-up” small e-commerce brands. Launched in January by alumni from some of Southeast Asia’s top startups, including Carousell, OVO and Fave, Rainforest acquires Amazon ma…
Una Brands launches with $40M to roll up brands on multiple Asia-Pacific e-commerce platforms: Catherine Shu
One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and Branded Group, focus on consolidating Amazon Marketplace sellers. B…
China expresses concern over its absence in India’s 5G trials: Manish Singh
China expressed concern on Wednesday over India’s move to not grant any Chinese firm permission to participate in 5G trials in the world’s second largest internet market as the two neighboring nations struggle to navigate business ties amid their geo-politica…
Uber's mixed Q1 earnings portray an evolving business: Alex Wilhelm
Surprised by the revenue miss? Shocked by the profit beat? Startled by the sharp drop in the value of Uber's stock? Let's unpack the numbers.
SpaceX successfully launches and lands its Starship prototype rocket: Darrell Etherington, Aria Alamalhodaei
SpaceX flew the 15th prototype of its Starship fully reusable next-generation rocket today, with a test flight that included a successful climb to around 30,000 feet, as well as a controlled flip, descent and soft landing upright as planned. A very small fire…
Toyota AI Ventures and May Mobility will talk the future of the transportation industry on Extra Crunch Live: Jordan Crook
Besides a passion for progress in the mobility space, what do Toyota AI Ventures’ Jim Adler, May Mobility’s Nina Grooms Lee and Edwin Olson have in common? All three of them are joining us on an upcoming episode of Extra Crunch Live. The show goes down on May…
The Daily Crunch: Peloton share price falls 14% after product recall and data breach; CEO apologizes: Alex Wilhelm
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Chime has agreed to stop using the word "bank," after a California regulator pushed back: Connie Loizos
Chime can apparently call itself the “fastest-growing fintech in the U.S.” but it has agreed to stop referring to itself as a “bank,” per a new report out of American Banker. Evidently, the eight-year-old, San Francisco-based outfit was the target of an inves…
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