Daily Crunch: No-code startup Bubble pops with $100 million Series A round
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Hello and welcome to Daily Crunch for July 27, 2021. Today is a good day not only because the U.S. women's national soccer team is heading to the Olympics qua
Alphabet crushes Q2 earnings estimates as Google Cloud cuts losses, grows 54%
Today after the bell amidst a deluge of major technology company earnings reports, Alphabet reported its own second-quarter performance. The search-and-services company posted revenues of $61.9 billion in the June 30, 2021 quarter, net income of $18.5 billion, and earnings per share of $27.26. Thos
Microsoft bests earnings estimates as Azure posts 51% growth; shares fall
Today after the bell, Microsoft reported its fiscal Q4 2021 earnings, the period corresponding to the second calendar quarter of this year. Microsoft posted revenues of $46.2 billion in the period, along with net income of $16.5 billion and earnings per share of $2.17. The company’s revenues
Dan Olsen leads a product-market fit master class for the Startup Alley+ cohort
Yes Virginia, there are advantages to exhibiting in (the sold-out) Startup Alley at TC Disrupt 2021. Out of all the early-stage startups ready to exhibit on September 21-23, Team technewss hand-picked 50 to form the Startup Alley+ cohort.
Startup Alley+ is a VIP experience designed to help founder
Sony's ZV-E10 brings interchangeable lenses to its vlogging camera series
Sony has launched its first vlogging-specific mirrorless camera, the ZV-E10, that borrows a number of features from ZV-1 compact vlogging model. At the same time, it’s roughly based on the A5000 and A6000-series APS-C mirrorless cameras, with all the good (and bad) that entails.
The two bigge
Element, a messaging app built on the decentralized Matrix protocol, raises $30M
After Element acquired Gitter last year to bring in more users and features into its own decentralized, Matrix-based messaging app, the startup is announcing some funding to invest in its growth.
Element has picked up $30 million in a Series B round of funding. Some of the funding will be used to e
German startup Aleph Alpha raises $27M Series A round to build ‘Europe’s OpenAI’
With Microsoft now being an investor in OpenAI the field is more open for new insurgents into the open-source AI arena. Now a German company hopes to take on the next AI mantle and produce something akin to the success of the GPT-3 AI model.
German AI startup Aleph Alpha has now raised €23 millio
Peppy, a B2B health platform for menopause, fertility, raises $10M Series A led by Felix Capital
When it comes to health issues like menopause, fertility, pregnancy, and even early parenthood, the data tells us that people typically turn to search engines and social media for advice to ask about symptoms or concerns they have. They tend not to go to a medical practitioner, in the first instanc
Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue
Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business.
The demand picture will get even sunnier for the division if the company can access enough chips for its energy stor
Daily Crunch: Accused January 6 insurrectionist must use face to unlock laptop, orders judge
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Hello and welcome to Daily Crunch for July 26, 2021. Tech news got off to a cracking start this week after the Chinese government spent the weekend rolling out a
A magnetic helmet shrunk a deadly tumor in its first test
We’ve seen helmets and AI that can spot brain tumors, but a new hard hat can actually treat them, too.
As part of the latest neurological breakthrough, researchers used a helmet that generates a magnetic field to shrink a deadly tumor by a third. The 53-year-old patient who underwent the trea
Queenly's marketplace for formalwear gets millions in round led by A16z
Queenly, a resale marketplace for formalwear, announced on Friday that it has grown its seed round to $6.3 million in a financing round led by Andreessen Horowitz's Connie Chan. The financing event brings Queenly's total venture raised to date at $7.1 million.
Queenly sees itself as a “St
The DL on CockroachDB
As college students at Berkeley, Spencer Kimball and Peter Mattis created a successful open-source graphics program, GIMP, which got the attention of Google. The duo ultimately joined Google, and even personally got kudos from Sergey Brin and Larry Page. Kimball and Mattis quickly rose to prominenc
Sequoia’s Mike Vernal outlines how to design feedback loops in the search for product-market fit
Sequoia’s Mike Vernal has worn many hats. He was VP of product and engineering at Facebook for eight years before getting into investment. His portfolio includes Houseparty, Threads, Canvas, Citizen, PicsArt and more, and he continues to invest in companies across a broad spectrum of stages a