Apple Watch Ultra first impressions

We posted a pair of Apple Watch reviews this time last week. Both the Series 8 and second gen SE received high marks for their categories — flagship and budget, respectively. Were Apple to stick to those two products, it’s easy to imagine the company maintaining roughly a third of the smartwatch market share it … Read more

Remofirst raises $14.1M to make it cheaper and easier for businesses to hire remote workers globally

Remote work has never been as accepted, or mainstream, as it is today. Yet some businesses hesitate to explore the option of hiring people in other countries because the prospect can be daunting and costly. Nurasyl Serik and Volodymyr Fedoriv started Remofirst in 2021 to open up that option to more businesses with a SaaS … Read more

What the CHIPS and Science Act means for the future of the semiconductor industry

Simon Butler Contributor Share on Twitter Simon Butler was founder and CEO of Methodics Inc, acquired by Perforce in 2020. He is currently the general manager of Perforce’s Methodics Business unit. This year is proving to be momentous for U.S. semiconductor manufacturing. During a global chip shortage and record inflation, U.S. President Biden signed into … Read more

Instagram is developing a nudity filter for direct messages

Instagram is testing a new way to filter out unsolicited nude messages sent over direct messages, confirming reports of the development posted by app researcher Alessandro Paluzzi earlier this week. The images indicated Instagram was working on technology that would cover up photos that may contain nudity but noted that the company would not be … Read more

Limbo is tackling obesity with a pair of wearables and decades of physiology

In recent years there has been a flurry of startup activity aimed at commercializing blood glucose biosensors — aka, wearable tech that was originally developed for diabetes management. These continuous glucose monitors (CGMs) transmit near real-time data on glucose levels, providing instant feedback (via a companion mobile app) on how the body metabolizes different foods … Read more

SoftBank slashes Oyo’s valuation to $2.7 billion

SoftBank, the largest backer of Oyo, has cut the Indian hotel chain startup’s valuation to $2.7 billion despite its claims of improved finances in recent months, a person familiar with the matter said. The Japanese conglomerate, which had slashed its internal valuation of Oyo to $3.4 billion earlier, further slashed the valuation of Oyo by … Read more

South Korea finds more suspicious crypto-linked foreign exchange transactions

South Korea’s Financial Supervisory Service (FSS) said on Thursday that it had found additional unusual foreign exchange transactions of $680 million, which brings the total amount of “abnormal” transfers to approximately $7.2 billion since June. The authorities confirmed that most dubious foreign money remittances involved crypto-related activities because the transactions were transferred from cryptocurrency exchanges to … Read more

Inside Seoul Robotics’s contrarian approach to autonomous vehicle tech

Seoul Robotics has taken a divergent path on the road to commercializing autonomous vehicles. Instead of developing and embedding the entire self-driving system, including sensors into a vehicle, Seoul is turning to surrounding infrastructure to do some of the heavy lifting. And its contrarian approach has attracted a new group of investors and $25 million … Read more

India proposes to regulate internet communication services

India has proposed to regulate internet-based communication services, requiring platforms to obtain a license for operating in the world’s second largest wireless market. The Department of Telecommunications’ new proposal, called Draft Indian Telecommunication Bill, 2022, seeks to consolidate and update three old rules — Indian Telegraph Act, 1885, Indian Wireless Telegraphy Act, 1933, and The … Read more

Mozilla urges action to unpick platform browser lock-ins

As antitrust regulators around the world dial up scrutiny of platform power, Mozilla has published a piece of research digging into the at times subtle yet always insidious ways operating systems exert influence to keep consumers locked to using their own-brand browsers rather than seeking out and switching to independent options — while simultaneously warning … Read more

Alibaba Cloud pledges $1B to boost overseas alliance

Alibaba is known for its sprawling e-commerce empire, but like Amazon, cloud service has been a big driver of its revenues in recent years. The Chinese cloud giant is ready to double down on its overseas reach and announced today a $1 billion investment in a “global partner ecosystem upgrade.” Alibaba Cloud is now the … Read more

Berlin’s Visionaries Club VC boosts its funds with €350M worth of fresh capital for B2B investments

It was back in 2019 that we reported on Visionaries Club, a new, Berlin-based, European VC focusing on B2B, founded by Sebastian Pollok and Robert Lacher. At the time, Visionaries Club had launched two new €40M micro funds for seed and growth-stage B2B. Pollok was previously a VC at e.ventures in San Francisco and also … Read more

EV charging operator Bump unlocks $180 million

French startup Bump has signed a multi-year financing partnership with DIF Capital Partners in order to roll out more charging stations for electric vehicles and double down on growth in general. It is an equity and quasi-equity $180 million deal that will be progressively unlocked from 2022 to 2030. Yesterday, ZePlug also announced a significant … Read more

Florida escalates the fight over a controversial social media law to the Supreme Court

After an appeals court struck down key portions of a state law designed to prevent social media companies from freely making content moderation decisions, Florida wants the Supreme Court to weigh in. Florida Attorney General Ashley Moody filed a petition Wednesday asking the highest court in the land to wade into the issue after two … Read more

Daily Crunch: Moonlighters eclipsed — Wipro lets go of 300 employees who were working for its rivals

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Due to excessively poor judgment, today’s Christine and Haje show is brought to you by Haje and Christine. Meanwhile, mark your calendar for September 23 at 10:00 a.m. PDT/1:00 p.m. EDT when … Read more

Bird board backs new scooter boss

Micromobility company Bird is boosting its president, Shane Torchiana, to CEO status in a “long-planned” shakeup that sees founding chief executive Travis VanderZanden further stripped of power. Bird’s board also announced two other appointments: Former Archer Aviation chief financial officer Ben Lu has joined as Bird’s new CFO, taking over the role from Yibo Ling, … Read more

Materials startup Novoloop brings its upcycled outsole to On’s new running shoe

Making sneakers is a dirty business; one that’s heavily reliant on fossil fuels. Shoe companies have experimented with various ways to reduce their footprints, from uppers made of recycled plastic to midsoles made of foam derived from sugarcane. Now, there’s a new approach — upcycling. Materials startup Novoloop and running-shoe manufacturer On will announce a … Read more