What is happening with all these new venture funds?
Against a backdrop of layoffs and continuing economic uncertainty, the announcements — particularly in such quick succession — point to a few underlying truths about the market right now. © 2023 TechCrunch. All rights reserved. For personal use only.
Read MoreOne-click checkout company Bolt confirms another round of layoffs
This latest round of layoffs, which the spokesperson said happened last week, follow a handful of other layoffs made by the company since 2022. © 2023 TechCrunch. All rights reserved. For personal use only.
Read MoreCredit Karma co-founder Nichole Mustard stepping down after more than 16 years
Credit Karma co-founder and Chief Revenue Officer Nichole Mustard is leaving the company after 16-and-a-half years, TechCrunch has exclusively learned today. A spokesperson of the consumer fintech, now a subsidiary of Intuit, confirmed Mustard’s departure via email, writing only: “I can confirm she decided to leave the company, her contributions
Read MoreGrimes has a new line of AI plush toys, including one named Grok
Curio The musician Grimes has developed an interactive AI plush toy for children which can converse with and “learn” the personalities of their owners. Grimes and toy company Curio created the line of toys in partnership with OpenAI, as first reported by The Washington Post. Grimes, who voices all three
Read MoreGetaround’s Q3 earnings delight investors, but the company isn’t out of the woods yet
Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company’s third-quarter earnings report details a company seeing quick revenue growth, but not enough top line yet to cover its expenses. Getaround reported gross bookings of $69 million in
Read MoreMrBeast’s analytics platform ViewStats is out in beta
The top YouTuber in the U.S., MrBeast (Jimmy Donaldson) co-founded the new analytics platform ViewStats, which is now available in beta. Similar to tools like Social Blade, ViewStats uses the YouTube API to unveil detailed stats about channels that both creators and their fans can see. MrBeast didn’t become one
Read MoreEuropean Investment Bank Partners Central Bank of Kenya for Climate Finance Initiative
The European Investment Bank and the Central Bank of Kenya launched a climate finance best practice initiative. Addressing barriers to green financing and promoting climate resilience in Kenya’s financial systems. The European Investment Bank’s two-year initiative, a first in East Africa under the Greening Financial Systems Programme, enhances Kenyan financial
Read More6 Ways AI Optimizes Lenders’ Debt Processes
During these challenging economic times, South African consumers are facing unprecedented pressure, resorting to borrowing to cover living expenses. The Q2 2023 Consumer Default Index (CDIx) by Experian reveals that the country’s 25 million credit-active consumers hold over R2 trillion in outstanding debt. The Index, tracking the rise in consumer
Read MoreCurious About Turning Your Smartphone Into a Pro Camera?
Photographers say the best camera is the one you have with you. For most of us, that’s the smartphone we always have near at hand. Today’s smartphones make it easy to capture those special festive season memories with friends and family, or those wonderful times on holiday. With a bit
Read MoreMomentum Metropolitan’s Chief Digital and Technology Officer
Ravikumaran Govender has been appointed as Momentum Metropolitan Holdings’ Group Chief Digital and Technology Officer, effective January 1, 2024. Govender, previously the Group Digital Transformation Executive, brings over 15 years of experience in financial services and consulting to his new role. His responsibilities include aligning digital activities with market needs
Read More