Tuesday, February 28, 2023

Remote workspace platform Gable raises $12M Series A

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By Christine Hall and Haje Jan Kamps

Tuesday, February 28, 2023

TikTok just can't dodge the watchful eyes of the watchmen: Earlier this year, Taylor reported that a string of universities banned TikTok from devices. Last week, Paul reported that the European Commission threw the kibosh on having TikTok on work devices, and today, Amanda reported that Canada followed suit for its government devices. The bans are coming down over concerns that China-based TikTok can be used to spy on its users.

Christine and Haje

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The TechCrunch Top 3

  • Raise the roof: Continuing to work remotely in 2023 remains a hotly contested issue in today's workplaces. What if we told you that Gable can give your company better remote working options? Still with us? Okay, Haje writes about how Gable raised $12 million to not only show your remote employees a nearby workplace, but also show them if any of their colleagues are there so they can connect.
  • The world in the palm of your hand: Reporting from Mobile World Congress, Brian sat down with OnePlus' COO Kinder Liu to discuss the company's first foldable phone.
  • Closing the feedback loop: Engaged customers are where your company can get some of its best ideas for new products. Cycle snagged $6 million to help companies collect all of that customer feedback for a more streamlined product management process, Romain writes.

Startups and VC

Bain Capital Ventures is doubling down on what works, literally, Natasha M reports. The venture firm, one of Bain's 11 financial divisions, has raised $1.9 billion across two funds, one for seed for growth-stage startups that hovers around $1.4 billion, and one for later-stage opportunities that closed around a third of that, at $493 million.

Devin reports that the FTC, fresh off announcing a whole new division taking on "snake oil" in tech, has sent another shot across the bows of the overeager industry with a sassy warning to "keep your AI claims in check."

And we have five more for you:

Active learning is the future of generative AI: Here's how to leverage it

The generative AI models that have made headlines and memes in recent months weren’t cooked up in someone’s garage or basement.

“Only well-funded institutions with access to a massive amount of GPU power are capable of building these models,” says Encord co-founder Eric Landau, who recommends using the iterative process of active learning to “leapfrog the AI production gap and build models capable of running in the wild more quickly.”

In a TC+ post aimed at ML team managers, he shares tactics for leveraging active learning and addresses the perennial buy-versus-build dilemma.

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription!

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Big Tech Inc.

As you can see from our stories today, Brian has been writing a lot about new phones lately. In this particular article, he spoke with Nothing's Carl Pei about the company's expansion strategy and its upcoming Phone (2) and how it will run on Qualcomm's Snapdragon 8 series.

Meanwhile, Microsoft is really going all in on this artificial intelligence thing for Bing. Frederic reports that the software giant brings the new Bing to Windows 11 while also launching Phone Link for iOS.

And we have five more for you:

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Monday, February 27, 2023

Mobile World Congress 2023 kicks off with new features for Android, Chromebook and Wear OS

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By Christine Hall and Haje Jan Kamps

Monday, February 27, 2023

There's another episode out of Inside Startup Battlefield, the podcast mini-documentary getting a behind-the-scenes look at the TechCrunch Disrupt Battlefield. Maggie just dropped the new EP: Getting to know the Battlefield 200. Oh, and if you want to speak at TechCrunch Disrupt, you can apply now to speak!

Christine and Haje

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Image Credits: Denny Müller / Unsplash

The TechCrunch Top 3

  • Don't you just love a new feature?: We have a team over in Barcelona for the Mobile World Congress, and one of the top stories coming out of there is the slew of new features Google has announced for Android, Chromebook and Wear OS. We'll let Aisha give you the scoop, but it involves productivity, connectivity and accessibility. You know, the equivalent of the three educational "Rs," but instead for mobile.
  • A reason to wear sunglasses at night: Speaking of Mobile World Congress, Xiaomi unveiled its lightweight AR glasses with a "retina-level" display, Ivan writes. Also, check out Ivan's other Xiaomi story on its 13 Pro flagship.
  • This phone is cool, literally: OnePlus has been on a roll this month with new products, and now today, Brian reports on its gaming concept phone with a glowing liquid cooling feature.

Startups and VC

Card collectors often dispute how much their cards are worth. New Jersey–based CollX raises $5.5 million to provide a free iOS and Android app to card enthusiasts that enables them to scan their trading cards and get value in return, Ivan reports.

Anthropic, a buzzy AI startup co-founded by ex-OpenAI employees, has begun offering partners access to its AI text-generating models, Kyle reports. The first commercial venture to announce that it's integrating Anthropic models is Robin AI, a legal tech startup that's raised over $13 million. Quora's experimental chatbot app for iOS and Android, Poe, uses Anthropic models, but it's not currently monetized.

And we have five more for you:

Using predictive LTV to juice up marketing campaigns

Last fall, Voyantis CEO Ido Wiesenberg shared a TC+ post with several tactics for reducing customer acquisition costs via predictive modeling.

In a follow-up, he explains how to use predictive lifetime value (LTV) to create “more targeted, effective acquisition strategies that focus on acquiring and retaining customers.”

Adding predictive LTV to decision flows helps identify lucrative customers early in the sales cycle, but it can also shorten underperforming ad campaigns, set performance targets and help teams adjust budgets midstream.

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription!

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Big Tech Inc.

The hubbub over the weekend was that a new round of Twitter layoffs included Esther Crawford, the chief executive of Twitter payments who oversaw the company's Twitter Blue verification subscription. She had been one of Elon Musk's most public cheerleaders following his acquisition of the social media giant. Rebecca reports that some 50 people were part of the layoffs.

And, just when you thought we might get a break from AI chatbots, Aisha writes that Snapchat now has one that is powered by OpenAI's GPT technology. That's right, folks, it's called "My AI" and for $3.99 per month, you too can give it a whirl. Go ahead, ask it for birthday gift ideas for your BFF.

And we have five more for you:

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Friday, February 24, 2023

Falling short of analysts' estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

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By Christine Hall and Haje Jan Kamps

Friday, February 24, 2023

Folks, we've got some really sad news for you. The weekend is here, which means that you have to stop working for a couple days. We know, it's a tragedy. But don't worry, Monday is only two short weekend days away, and then you can get back to the grindstone.

Black History Month continues! Originally published in 1975, For Colored Girls Who Have Considered Suicide/When the Rainbow Is Enuf is a magnificent, passionate, and fearless story of what it meant to be a woman of color in the 20th century.  Well worth a read — or seek it out onstage!

Much love and hugs and such, Christine and Haje

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​​The TechCrunch Top 3

  • Money, money, money…must be funny: Warner Bros. Discovery revealed that it lost another $2.1 billion in the fourth quarter. This is despite the success of shows like "The Last of Us" on HBO and games like "Hogwarts Legacy." Lauren explains more.
  • Fashion layoffs: Secondhand apparel marketplace Poshmark is now laying off employees just two months after being acquired by Naver, Kate reports.
  • Another brick in the wall: Ron explains why a possible U.S. Department of Justice lawsuit over competition could derail the pending $20 billion Adobe-Figma deal.

Startups and VC

The truth of the matter is that Mobile World Congress (MWC) was never a consumer tech show, per se, but the participation of various smartphone makers transformed it into a handy launching pad. Brian explores in What we expect from MWC 2021.

In the face of conscripted co-founders and blacked-out bunkers, Ukraine’s tech industry marches on. Mike explores how, a year on from Russia's invasion, Ukrainian startups show astounding resilience.

And we have five more for you:

5 questions emerging managers should ask before selecting LPs

Before an emerging manager can start backing startups, they’ll first need to earn the trust of limited partners who are willing to bet on their investment thesis.

“Each step up the decision-making ladder increases the risk of dismissal, lost information or miscommunication, which can be mitigated if you can get in front of the decision-makers early on,” says Linda Greub, co-founder and managing partner of Avestria Ventures.

Drawing from her own experience, Greub shares five questions emerging managers can use “to find the investors most likely to believe in you.”

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription!

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Big Tech Inc.

A new hacker group going by the name CH01 defaced Russian websites to have them display a video of the Kremlin on fire. Lorenzo has more.

Google One subscribers can rejoice over this news that they now have access to Google Photos' new AI-powered "Magic Eraser" that will remove unwanted content from images, Sarah reports.

We have a treat for you: six stories instead of five:

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