TechCrunch Disrupt Battlefield alum Perygee helps secure building operations

While TechCrunch Disrupt Battlefield 2022 is still fresh in our minds, Perygee, a member of the 2020 group, has been helping companies keep their building operations elements secure. It looks at things like HVAC, elevators and sensors; keeping patches up-to-date and searching for vulnerabilities. Today the company announced a $4.75 million seed round, and the … Read more

Ahead of launching its third product, Nothing announces a brick-and-mortar store

Nothing today announced the upcoming launch of a brick-and-mortar retail store in London’s Soho district. The store will, of course, carry Nothing. In a less literal sense, one wonders precisely what the store will carry, give that the hardware startup has officially launched two products, with a third being revealed soon. GM Ryan Latham says … Read more

Bolt launches virtual Shopper Assistant for easier access to personalized experiences

Bolt, which is mostly known for its one-click checkout experience, now has a new virtual Shopper Assistant so that retailers can more easily turn guest shoppers into account-holding customers. Company CEO Maju Kuruvilla told TechCrunch that rather than dealing with pop-ups or other disconnected methods of obtaining a customer’s email address, retailers, like its customer … Read more

Shutterstock to integrate OpenAI’s DALL-E 2 and launch fund for contributor artists

Stock image giant Shutterstock has announced a major push into AI generated imagery today in partnership with OpenAI, expanding on a strategic tie-up the pair announced last year. The partnership between Shutterstock and OpenAI will see the latter’s DALL-E 2 image-generating AI system integrating with Shutterstock content and made available to Shutterstock users worldwide — … Read more

AI chip startup Axelera lands $27M in capital to commercialize its hardware

Several years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou and a group of researchers at IBM Zurich Lab to develop a computer chip. Unlike conventional chips, theirs was destined for devices at the edge, particularly those running AI workloads, because Del Maffeo and … Read more

Google hit with $113 million fine in India for anti-competitive practices with Play Store policies

India’s antitrust watchdog has hit Google with $113 million fine for abusing the dominant position of its app store, the second such penalty on the Android-maker in just as many weeks in the key overseas market. The Competition Commission of India, which opened the investigation in late 2020, said mandating developers to use Google’s own … Read more

WhatsApp appears to be facing an outage

WhatsApp, the Meta-owned instant messaging app with over 2 billion users, appears to be facing an outage, according to users. The outage began about 12.20 AM PT, according to user complaints. DownDetector and WaBetaInfo, two web services that track the Facebook app, have confirmed the outage. DownDetector shows that users in the U.S. and India are … Read more

54gene CEO steps down as the company looks to cut more jobs

54gene co-founder and chief executive officer Dr. Abasi Ene-Obong has stepped down from his executive role, the African genomics company confirmed to TechCrunch today. The three-year-old company has appointed General Counsel Teresia L. Bost as interim CEO. She will be supported by Chief Operating Officer Delali Attipoe, the company said. Ene-Obong, on the other hand, … Read more

Heura tucks into $20M funding chunk for its plant-based proteins ahead of beefier B round next year

What’s going on with demand for plant-based meat? If you take a look at Barcelona-based Heura the picture seems rosy — with the alt-protein startup claiming “non-stop” momentum and a near doubling of revenue from sales of its faux chicken, beef and pork products in the first half of 2022. Mid-year, the 2017-founded startup reports … Read more

Launch House splits with law firm conducting its harassment investigation

It’s been a little over a month since Launch House, a buzzy venture-backed founder’s club backed by the likes of Andreessen Horowitz and Day One Ventures, publicly faced numerous allegations of harassment and assault. In response to the allegations first surfaced by the news publication Vox, the startup claimed that it would undergo an independent, … Read more

Daily Crunch: Mobile gaming review — Playing on the Logitech G Cloud with Shadow

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. Good afternoon, and welcome to the final week of October! We’re confused how that happened. Haje is considering dressing up as “supply chain disruptions” for Halloween, whereas Christine is contemplating dressing up … Read more

Max Q: The ghost in the machine

Hello and welcome back to Max Q. Disrupt is finally behind us, which can only mean one thing: We are officially counting down to TC’s Space event in December! Learn more here. In this issue: Kayhan Space presents at Disrupt Report: Investment in space battered by high interest rates, inflation News from SpaceX, Orbex and … Read more

Why startups are better off prioritizing growth instead of optimizing cloud costs

Everybody’s talking so much about cost optimization and extending runways that startups across the board are looking at every little expense as they seek ways to navigate the downturn. But some costs are better left untouched simply because the work involved may not be worth the payoff. According to several investors we surveyed recently, cloud … Read more