1,000 companies per Y Combinator batch? RIP Y Combinator

Don’t worry, Y Combinator fans, you’ll be able to write off this entire opinion piece as the disgruntled musings of “a failed startup founder who was never able to get into Y Combinator,” because seen through one lens, that’s exactly what I am. But, damn it, for a whil

Daily Crunch: In just 12 months, LatAm e-commerce platform Merama attains unicorn status

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for December 9, 2021!  Yes, we're one day closer to the Christmas holiday for all those who celebrate, so we published part

Don't miss the mission-critical insights our sponsors bring to TC Sessions: Space 2021

With just a tad less than a week until TC Sessions: Space 2021 launches its massive knowledge payload, we'd like to take this opportunity to tip our space helmets to our sponsors. Yes, they write the checks that help make this stellar event possible, but they don't just cut-checks-and-run.

Daily Crunch: Byju's edtech buying spree continues with $100M purchase of Austria’s GeoGebra

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for December 8, 2021! technewss is getting into the holiday spirit with some end-of-year content, including our Vaunted, Famous

Apple launches support for hotel keys in Apple Wallet, initially with Hyatt Worldwide

At Apple’s Worldwide Developer Conference in June, the company teased its plans to incorporate support for home, office and hotel keys into Apple Wallet, as well as state driver licenses. Today, Apple is announcing Hyatt will become the first hotel partner to support the new technology. The h

Daily Crunch: Digital infrastructure giant Equinix buys Nigeria-based MainOne for $320M

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for December 7, 2021! It's nearly time to reflect on the year, a period in which so very much changed for the global startup

Facebook’s new website lets fans buy ‘Stars’ without paying the app stores’ commissions

Meta (formerly Facebook) has found a new way to avoid the app stores’ commissions on in-app purchases with the launch of a new website where people can buy “Stars” — the virtual items that allow fans to express their support for favorite creators during Facebook videos and l

Amazon Web Services went down and took a bunch of the internet with it

Users are reporting a widespread outage at Amazon Web Services, bringing down websites and backend services for organizations including the Associated Press, Disney+ and Vice. Details about the outage are scarce. The AWS status page reported increased error rates for its Management Console on Tuesd

Gift Guide: Camping gear you won’t regret buying

Welcome to technewss's 2021 Holiday Gift Guide! Need help with gift ideas? We've got lots of them. Looking for our other guides? Find them here! Buying camping gear is all about making tradeoffs. Lightweight backpacking gear may be perfect for trips where you carry everythi

Meta’s Messenger boss, Stan Chudnovsky, is the latest exec to leave the company formerly known as Facebook

As Facebook transitions its corporate branding and organizes around a “metaverse” future, a number of high-profile execs have been leaving the company. Last week, former Messenger boss and current crypto czar David Marcus announced he was leaving at the end of the year. Today, Meta̵

Why Amazon CTO Werner Vogels isn’t ready to retire just yet

AmazonCTOWernerVogelshasbeeninhisjobfor16years,butthe63-year-oldisn’tquitereadytoretire.“Thereissomuchmoretodo.I’mnotfinishedyet,”hetoldmeduringaninterviewatthecompany’sannualre:InventconferenceinLasVegaslastweek.“We’rehavinganabsoluteballwithallthethingsth

Amazon launches its $19.99 per month ‘Alexa Together’ elder care subscription for families

Amazon today announced the official launch of the Alexa Together subscription service, aimed at families caring for elderly members who are still living independently but need extra support. The feature, first introduced at the company’s fall 2021 event, expands on Amazon’s existing pro

Tesla is reportedly replacing some faulty Autopilot cameras for free

Tesla will replace the Autopilot cameras in the front fenders of some its electric vehicles for free, according to CNBC. While Tesla has yet to issue a recall, the news organization has seen internal documents distributed to authorized service providers in late November, asking them to replace faul

Permira plans to take email security firm Mimecast private in a $5.8B all-cash deal

Nine months after competitor Proofpoint was scooped up by Thoma Bravo for $12.3 billion, Mimecast is also going the private equity route. Today the security company announced that Permira would be taking Mimecast private in a $5.8 billion all-cash deal. Mimecast has been public since 2015, and this