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With nearly 100 new tales on the location for the reason that final Day by day Crunch, we’re having a tough time choosing the cream of the crop, however that’s what we dooooo. It’s been an Amazon and Google extravaganza over the previous 24 hours, along with all of the common information tales our crack workforce of tech information sleuths have been ferreting out from the underbrush. There shall be no additional ado — let’s do that! — Christine and Haje
The TechCrunch High 3
- News you don’t want to use: Apple Information customers bought some attention-grabbing — learn “offensive” — notifications because of a hacker that breached Quick Firm’s techniques. Carly has extra.
- Well, that went downhill fast: We really feel like we had been simply hyping all things Apple iPhone 14, however now Ivan studies that the tech large is “readjusting its manufacturing targets” after not seeing as a lot rah-rah from clients.
- Fewer fees please: Ingrid covers fee community Satispay’s €320 million funding spherical that values the corporate at over €1 billion and likewise places it within the hearts and minds of consumers in Europe searching for higher funds management.
Startups and VC
First up is Romain, who invitations you to satisfy Roundtable. It’s a brand new startup backed by eFounders that desires to carry community-driven, AngelList-style angel investments to European startups. The corporate has constructed a platform that simplifies the executive, authorized and monetary challenges that include angel investments.
Cash continues to move into new enterprise capital funds. Previously month, Runa Capital, Lerer Hippeau, Razor’s Edge Ventures, First Star, OurCrowd, Northzone, Janngo Capital and Kapor Capital all introduced new funds. Now it’s Scale Enterprise Companions’ flip, asserting it secured $900 million in committed capital for its eighth fund, additionally its largest since forming in 2000, Christine studies. The fund was raised in 120 days over the summer time, accomplice Rory O’Driscoll mentioned.
Extra extra extra, all the time extra:
The insufferable lightness of being asset-light
Picture Credit: Westend61 (opens in a new window) / Getty Pictures
Buyers have embraced “asset-light” firms like Hire the Runway, Uber and Airbnb that don’t personal the {hardware} that generates their income.
Firms that generate billions from property they don’t personal “usually require much less capital — and due to this fact much less dilution for his or her buyers,” writes Daniel Hoffer, managing director of Autotech Ventures.
“However some asset-light marketplaces wrestle to fulfill their clients as a result of not all of the property they will make out there are equally appreciated by their demand-side clients.”
Three extra from the TC+ workforce:
TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You can sign up here. Use code “DC” for a 15% low cost on an annual subscription!
Massive Tech Inc.
Boy, do we’ve got a deal with for you at the moment: Our workforce was busy masking each Google’s Search On occasion and Amazon’s fall event, which implies we’ve got all of the Amazon and Google information that’s match to print, er, put up. There’s so much to select from, however listed here are a few of our favorites:
- Amazon’s latest Halo device is a bedside sleep tracker; Kindle Scribe brings writing to Amazon’s popular e-reader; and Amazon’s Astro robot gets pet detection, home security updates and an SDK, by Brian.
- Google revamps shopping with 3D images, shoppable looks, buying guides, and more personalization and Google unveils a more visual search experience for the TikTok generation, by Sarah.
- Google’s upcoming Maps feature will let you check out the ‘vibe’ of a neighborhood, by Aisha.
- The new Echo Dot is also an Eero, by Devin.
- Amazon debuts new Echo devices, including Echo Studio with spatial audio, by Kyle.
And we’ve got 4 extra for you:
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