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Clubhouse accidentally leaked its Backchannel for DMs feature

While Clubhouse is very popular among live-audio social network enthusiasts, it lacks one major feature users would give anything for: direct messages. It’s annoying when you’re engaged in a lively room, and want to connect to someone, you have to go to their profile, find their Twitter or Instagram handle and message them there. That’s probably about to change. [Read: Why entrepreneurship in emerging markets matters] Clubhouse accidentally leaked its under-development chat feature called Backch...
Tags: Startups, Instagram, Plugged


10 Remarkably Straightforward Ways To Boost Your Productivity And Efficiency

If you can get into the right habits, then you can become a much more efficient group or individual. Here are ten good habits to form to boost your productivity. The post 10 Remarkably Straightforward Ways To Boost Your Productivity And Efficiency appeared first on Young Upstarts.
Tags: Startups, Workplace Productivity, Others, Personal Productivity


Should You Hire An Employee Or An Independent Contractor? Four Key Considerations

Whether you should hire an employee or an independent contractor comes down to your business needs. Here are four considerations. The post Should You Hire An Employee Or An Independent Contractor? Four Key Considerations appeared first on Young Upstarts.
Tags: Startups, Hiring, Others, Hiring Practices


Fintech veteran Jitendra Gupta is ready for his new inning — now he is going after banks in India

For most people in India, having to engage with banks doesn’t instill a sense of joy. Banks in the South Asian market are notorious for making unannounced spam calls to upsell customers loans and credit cards, even when they have been explicitly asked not to do so. Moreover, when a customer does reach out to a bank with a query, it can take forever to get the job done. Take ICICI Bank, India’s third largest bank and until recently my only banking partner for over six years, for an example. It is...
Tags: Amazon, Startups, Apps, Asia, Finance, India, Tech, Banking, Jupiter, Fintech, UPI, Nubank, Naspers, Axis Bank, Gupta, CitrusPay


Review: The Tenways ebike is a lightweight, stealthy steal for under $1500

We have a rule about crowdfunding campaigns here at TNW: with rare exceptions, we don’t cover crowdfunded products unless they’re from an already established company with a proven track record or we get to demo a fully functional prototype. With the Tenways C-Go 600 ebike, it was the latter case. And I’m really glad I did get to try it because this ebike is fantastic — no gimmicks necessary. At $1,000-1,500 (Tenways has not settled on a final price yet), the bike offers a Gates Carbon belt drive...
Tags: Startups, Shift, Plugged


Facebook welcomes Team Trump back with open arms and wallets

Facebook is doing a terrible job of banning Donald Trump from its platform. From its failure to hold the former president accountable for the myriad misinformation campaigns conducted on his behalf by members of his campaign team from 2015 through 2018, to the most recent nonsense, it’s apparent that Facebook’s somehow vested in keeping Trump on the social network. Up front: Facebook’s allowing “Team Trump,” a Page directly associated with numerous leadership and conservative PACs run by Donald ...
Tags: Startups, Facebook, Politics, Social Media, Donald Trump, Trump


No. Just no. GPT-3 did not create a video game

GPT-3 is arguably the world’s most advanced text-generator. It was trained using supercomputing clusters, a nearly internet-sized dataset, and 175 billion parameters. It’s among the most impressive generative AI systems ever created. But it absolutely did not create a video game. You may have read otherwise. But it’s what you didn’t read that matters. Background GPT-3, for those who aren’t in the know, is a big powerful AI system that generates text from prompts. At the risk of oversimplifying, ...
Tags: Startups, Opinion, Tech, Artificial Intelligence, GPT, Neural, Next Featured


What does Red Hat’s sale to IBM tell us about Couchbase’s valuation?

The IPO rush of 2021 continued this week with a fresh filing from NoSQL provider Couchbase. The company raised hundreds of millions while private, making its impending debut an important moment for a number of private investors, including venture capitalists. According to PitchBook data, Couchbase was last valued at a post-money valuation of $580 million when it raised $105 million in May 2020. The company — despite its expansive fundraising history — is not a unicorn heading into its debut to t...
Tags: Fundings & Exits, Startups, Enterprise, Ipo, Tech, Ibm, Nosql, Red Hat, PitchBook, Couchbase, EC Cloud and Enterprise Infrastructure


How To Raise Pre-Seed And Seed Funding: 5 Alternative Strategies

Looking to raise seed funding for your startup? CEO and Co-Founder of Chisos Capital William Stringer shares 5 alternative strategies. The post How To Raise Pre-Seed And Seed Funding: 5 Alternative Strategies appeared first on Young Upstarts.
Tags: Startups, Fundraising, Seed Funding, Advice For The Young At Heart, Startup Advice, Raising Funds, William Stringer, Co Founder of Chisos Capital William Stringer


Clubhouse’s biggest threat? Facebook launches Live Audio Rooms

Facebook has unleashed another threat to the future of Clubhouse. The social media giant on Monday started rolling out Clubhouse-clone Live Audio Rooms, continuing the company tradition of ripping off competitors. Like Clubhouse, Live Audio Rooms lets users listen to and join live conversations. Initially, only public figures and select Facebook Groups on iOS in the US will be able to create Live Audio Rooms, but users on both Android and iOS will be able to join them. Hosts can invite up to 50 ...
Tags: Startups, Facebook, US, Insider, Russell, Plugged


A Business’s Guide To Moving Into A New Office Space

Moving your business to a new office is exciting but stressful. It requires planning and well-coordinated execution for it to be smooth and successful. The post A Business’s Guide To Moving Into A New Office Space appeared first on Young Upstarts.
Tags: Startups, Others, Office Space, Moving Office


Tips For Marketing A Small Business

Marketing a small business does take time, but when you do it right, you give your business a higher chance of survival. The post Tips For Marketing A Small Business appeared first on Young Upstarts.
Tags: Startups, Small Business, Marketing, Others, Small Business Advice, Marketing Advice


Uber to become the sole owner of grocery delivery startup Cornershop

Uber has reached a deal to become the sole owner of Latin American delivery startup Cornershop, just one year after acquiring a majority stake in the company. The ride-hailing giant said in a regulatory filing Monday that it will purchase the remaining 47% interest in Cornershop in exchange for 29 million shares. The transaction is expected to close in July. Uber announced in 2019 plans to take a majority ownership in Cornershop. That transaction wasn’t completed until the third quarter of 2020 ...
Tags: Startups, TC, Uber, Apps, Mexico, Americas, Tech, Walmart, Canada, Chile, Postmates, Grocery Delivery, Accel, Exit, Dara Khosrowshahi, Cornershop


This drone captures 4K pictures and video, flies like a champ, and it’s less than $40

TLDR: The Portable Foldable Ultimate 4K Drone has a stellar camera for better than HD quality images and video to go with its impressive array of flight features, all for under $40. Not too long ago, shoppers were thrilled when they saw a flying drone with an on-board camera at a reasonable price. Now, drone users expect premium quality with better than 1080p resolution images and video, but at prices under $50.  Sure, we got spoiled. But thankfully, advancements in drone engineering have delive...
Tags: Startups, Offers


If you’ve never heard of GitOps, this training explains it all and its role in changing your web development game

TLDR: The 2021 Ultimate GitOps Certification Bundle includes 11 courses aimed at speeding up and improving the development process for cloud-native app builds. Developers don’t often have the luxury of time. They not only need to deploy their work fast, they need to be constantly updating and refining that work even after it’s been set forth into the world.  Cloud native tools have made it easier and quicker for developers to run those apps in virtually any environment using concepts like contai...
Tags: Startups, Offers


Maybe neobanks will break even after all

The Exchange is back after its brief hiatus. Anna and I have some really neat stuff planned, so stick with us every morning this week. — Alex Building a consumer-facing fintech company is expensive. And if you want to build one in a sector crowded by both incumbent companies and richly funded startups, it can be super expensive. That was the lesson we learned in late 2020 by examining operating results from a number of neobanks. Neobanks are essentially software layers atop banking infrastructur...
Tags: Fundings & Exits, Startups, TC, Finance, Tech, Anna, Starling, Revolut, Romain Dillet, Monzo, The Exchange, Neobank, Neobanks, EC Newsletter, EC Fintech, Alex Building


Europe delivers blow to Asia with $47B investment in EV battery gigafactories

As EV sales are surging, Europe is trying to enhance its capacity to produce batteries domestically, instead of fully relying on Asian countries such as China, Japan, and South Korea, which are currently the major global manufacturers. As of May 2021, 38 battery cell gigafactories are being built or planned in Europe and the UK, according to the latest report by the non-governmental organization Transport & Environment.  Out of the 38 projects, 17 have secured funding so far, estimated to be up ...
Tags: Startups, Asia, South Korea, Europe, UK, Tesla, Shift, China Japan


Equity Monday: China hates crypto, and the Vision Fund’s vision lives on

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here. Our live show is this week! And we’re very excited about it! Details here, and you can reg...
Tags: Apple, Fundings & Exits, Startups, Facebook, Spotify, Audio, China, Tech, Crypto, Stock Market, Cryptocurrencies, Fintech, Coinbase, Revolut, Clubhouse, Kinko


Bitcoin hits two-week low after US and China lay the smackdown

The crypto market plummeted again over the weekend, amid concerns over a crackdown on bitcoin mining in China and a policy tilt at the US Federal Reserve. Bitcoin dived by as much as 9% on Monday, dropping to $32,288 — its lowest price in almost two weeks. Ether, meanwhile, slid by as much as 12%, dipping below $2,000 for the first time in nearly a month. At the time of writing, Coindesk lists their prices as $32,448 and $1,959 respectively. Analysts attributed the dip to two key factors: a hawk...
Tags: Startups, China, US, Federal Reserve, Insider, Hard Fork, US Federal Reserve Bitcoin


Australian state spends $375M on EV boost to become the Norway down under

A month ago, New South Wales (NSW) Transport Minister Andrew Constance had criticized Australia’s slow transition to EVs, emphasizing the need for bigger incentives.  Well, that’s old news! Two days ago, the NSW government announced an ambitious $375 million plan for battery-powered cars, the Sydney Morning Herald reports. The government hopes that with this plan EVs will make up more than half of new car sales by 2030.  Specifically, stamp duty will be removed from EVs that cost less than $58,5...
Tags: Startups, Australia, New South Wales, Norway, Shift, NSW, Sydney Morning Herald, Andrew Constance


Music licensing marketplace Songtradr raises $50M

Music licensing marketplace Songtradr this morning announced a $50 million Series D. The oversubscribed round – which features Regal, Aware Super, Perennial, Argo and Greencape – follows a $30 million raise last August, bringing the Los Angeles company’s total funding to north of $100 million. The platform licenses music to high profile names for advertising, films, TV, gaming and the like, including Disney, Netflix, Apple, Coca-Cola, Amazon and Google. It hosts songs from some 600,000 musicians...
Tags: Google, Startups, Europe, Music, Entertainment, Los Angeles, Asia Pacific, Wiltshire, Paul Wiltshire, Disney Netflix Apple Coca Cola Amazon, Cuesongs Song Zu Pretzel


Extreme weather: A drone’s worst enemy

Small aerial drone’s are touted as a disruptive technology, with massive investment and hype surrounding their use. They may deliver our morning coffee, pizzas, time-sensitive medical supplies, and Amazon orders. These on-demand drone applications require a high proportion of uptime or flyability — the amount of time when drone’s can fly safely. But a key factor often overlooked in the hype about on-demand drone applications is the weather: drone’s cannot and should not fly in all types of weath...
Tags: Amazon, Startups, Tech, Next Featured


Hyundai completes deal for controlling interest in Boston Dynamics

Hyundai this morning announced that it has completed its acquisition of Boston Dynamics. The deal, which values the innovative robotics company at $1.1 billion, was announced in late-2020. The companies have not disclosed any future financial details. The South Korean automotive giant now owns a controlling interest in Boston Dynamics, previously belonging to SoftBank. The Japanese investment company was effectively a transitional owner, purchasing Boston Dynamics from Google, which owned the c...
Tags: Google, Startups, Softbank, Robotics, Hyundai, Boston Dynamics, Ford Toyota, Fu, Ernestine Fu, Rob Playter, Google Alphabet X Boston Dynamics, Hyundai s New Horizon Studios, New Horizon Studios


Buy now, pay later startup Kredivo doubles its debt facility from Victory Park Capital to $200M

Kredivo announced today it has secured another $100 million debt facility from Victory Park Capital (VPC). This doubles the Indonesian digital lending and credit platform’s total warehouse financing facility from VPC to $200 million. The first round was closed in July 2020. Kredivo is operated by Singapore-based fintech FinAccel. This is the largest loan facility it has raised so far, and is VPC’s biggeast debt commitment to a fintech company outside of the United States and Europe, as well as i...
Tags: Fundings & Exits, Startups, TC, Asia, Europe, Indonesia, Southeast Asia, Singapore, United States, Credit, Fintech, Garg, VPC, Victory Park Capital, Victory Park Capital VPC, Gordon Watson


Twitter geoblocks tweets in India over violent video circulation

Twitter has restricted 50 tweets in India related to a viral video of an elderly Muslim man being assaulted in the town of Ghaziabad, Uttar Pradesh. This action comes after cops sent a notice to summon Twitter India’s chief last week to give a statement. The Ghaziabad police force had filed a complaint against Twitter, journalists Mohammed Zubair and Rana Ayyub, and online media entity The Wire, for allegedly creating communal tension through tweets. Those tweets had a video of an elderly Muslim...
Tags: Startups, Twitter, India, Muslim, Ghaziabad, Twitter India, Rana Ayyub, Mohammed Zubair, Ghaziabad Uttar Pradesh This


Revolut revenue grew by 57% in 2020

Fintech startup Revolut has filed some financial results and is sharing details with the press. In 2020, the company reported $361 million in revenue (£261 million) — that’s a 57% increase compared to 2019 revenue of $229 million (£166 million). Interestingly, those revenue figures have been adjusted to include fair value gains on cryptocurrency assets — it means that Revolut holds some crypto assets on its balance sheet. Revolut made $54 million (£39 million) in fair value gains on cryptocurren...
Tags: Startups, Europe, Australia, Finance, Tech, Lithuania, Fintech, Mastercard, Revolut, Challenger Bank, Japan Australia, US Japan, European Economic Area, Nikolay Storonsky, Revolut Metal, Neobank


Xiaomi will reportedly debut its under-screen camera tech later this year

Phone manufacturers have tried to give us a full-screen experience by testing solutions like pop-up cameras to replace punch-hole selfie snappers and front-facing notches. Sadly, they never caught on. However, we might see the debut of an under-screen camera in a mainstream phone, thanks to Xiaomi. According to a report by ITHome, the Chinese tech company is set to introduce this technology in three devices this year: the CC 11, the Mix 4, and the Mix Fold 2. [Read: Why entrepreneurship in emerg...
Tags: Startups, Xiaomi, Plugged


The UK’s used car market recovers – and BEVs are the winners

The UK‘s used car market has been witnessing a surge since April with sales rising 671% year-on-year, according to the latest INDICATA Market Watch. The trend continued in May with an extra 8.9% increase. But these aren’t the only striking numbers. Used hybrid car sales went up 8% in May compared with April, by the same rate as petrol cars (8%) and just behind diesel cars, with 10% rise. EVs had the biggest increase of 15%. Similarly, battery electric vehicles (BEVs) saw the highest rise in stoc...
Tags: Startups, UK, Shift


Is your phone listening to your conversations? No, because it already has your data

Have you ever chatted with a friend about buying a certain item and been targeted with an ad for that same item the next day? If so, you may have wondered whether your smartphone was “listening” to you. But is it really? Well, it’s no coincidence the item you’d been interested in was the same one you were targeted with. But that doesn’t mean your device is actually listening to your conversations — it doesn’t need to. There’s a good chance you’re already giving it all the information it needs. C...
Tags: Startups, Tech, Next Featured


Vietnamese financial services app MFast gets $1.5M pre-Series A led by Do Ventures

MFast founders Phan Thanh Long and Phan Thanh Vinh MFast, a mobile app that lets Vietnamese users in remote areas access financial services, announced it has raised a $1.5 million pre-Series A today. The round was led by Do Ventures, with participation from JAFCO Asia.   Launched in 2019 by fintech company Digipay, MFast says it has been used by 600,000 people to date. It partners with financial institutions who provide services like loans and insurance, and says it has been used to distribu...
Tags: Fundings & Exits, Startups, TC, Apps, Tech, Vietnam, Financial Services, Fintech, Jeff, Jafco, Do Ventures, Naver Vertex, Digipay, JAFCO Asia, MFast, Phan Thanh Long