More top reads Prometeo raises $13M from PayPal, Samsung: Uruguayan startup Prometeo is building channels to enable open banking across Latin America. While some open banking is focused on national rollouts, Prometeoâs approach is to tackle Latin Americaâs extensive fragmentation as a single market. Threads pulls at a Mastodon relationship: Threadsâ roadmap for integrations with Twitter/X rival Mastodon and others will happen soon, according to Meta. In particular, replies posted on Mastodon servers will become visible in the Threads application. Later in the year, users will be able to follow Mastodon accounts within Threads and then reply to them and like their posts. Coast Runner will have its own desktop CNC mill soon: If itâs not evident from Haje Jan Kampsâ stories from CES, Haje likes gadgets. And he went in pursuit of the coolest ones and landed in the area of CNC (computer numerical control) mills. He already reported on Rownd. Now see what he thinks of Coast Runnerâs version. Hertz shows how not to launch a product: Hertz surprised us this week by saying it would sell off some of its electric vehicle fleet. This is after the global pandemic pummeled the travel industry, after all the commercials (featuring Tom Brady!) that touted the EVs and the plan to buy 100,000 Tesla models. Over on TechCrunch+, Tim De Chant discusses how Hertz got here and recalls his own experience of renting an EV. (TC)+ Nasdaq CEOâs comments about IPOs: The IPO drought could disappear sooner rather than later if what Nasdaq CEO Adena Friedman says comes true. This week, Friedman told investing publication Barronâs that more than 100 companies were poised to list on Nasdaq after filing confidentially with the SEC. After pushing their eyes back into their head, Anna Heim and Alex Wilhelm write about what this could mean. (TC+) Consumer tech continues to fill its shopping bag with venture capital: Today, I put on my own TechCrunch+ hat and wrote about how many consumer tech and companies focused on consumer packaged goods (CPG) have gobbled up venture capital in the past year. And why investors are so interested in consumer tech and CPG as an opportunity now. (TC+) CES 2024: Meanwhile, CES 2024 is sadly coming to an end, but our team isnât finished unpacking all of what they saw. Keep checking back as we continue to update everything that was revealed. |