TechCrunch Master Template TechCrunch Newsletter
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| Last night was a full moon, somehow itâs already halfway through August, and did you know thereâs a Beach Plum LaCroix flavor? The worldâs gone topsy-turvy, but at least itâs time for the weekend. What did you do this week that made you feel alive? Can you do more of that next week? And that concludes our microtherapy session. Now, letâs get on with the news. â Christine and Haje |
| | Image Credits: SeongJoon Cho / Bloomberg / Getty Images |
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The TechCrunch Top 3 Pardon me: A presidential pardon is restoring Samsungâs vice chairman Jay Leeâs ability to take the companyâs helm. Lee had been convicted on bribery charges in 2017, and the pardon will erase it, Kate writes. 5G begets 4G: Yeah, you read that right. Amazon launched AWS Private 5G so companies can build their own 4G networksâ¦for now, Paul writes. This is something that has been in the works since late 2021, and the company said eventually there will be capabilities for 5G networks. Location obliteration: Natasha L explains how Google was fined $40 million by Australiaâs government, which found the tech giant had misled consumers about its Android location tracking settings. |
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| In the video game Katamari Damacy, players control an avatar who rolls a sticky ball that captures anything it touches. The goal: create a sphere large enough to become a star or moon. E-commerce aggregators work in much the same way by purchasing smaller brands, then optimizing their manufacturing and sales channels to boost market share. This model was effective in a prevaccine era when consumers stopped visiting stores, but is the brand-rollup model still viable today? “Decreased consumer confidence, inflated brand value and a freeze in investment capital are creating a perfect storm,” says David Wright, co-founder and CEO of e-commerce accelerator Pattern. “Unless aggregators change how they operate, their future is bleak at best and nonexistent at worst.” (TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.) Read More |
| | Image Credits: iLexx / Getty Images |
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Big Tech Inc. Have you seen these ransomware group members? The U.S. government is offering $10 million in exchange for information leading to the identification and location of members of the Russia-based Conti ransomware operative, Carly writes. Speaking of alleged fraudulent behavior, Manish writes about Indiaâs anti-money-laundering agency freezing $46.4 million in assets belonging to Singapore-based crypto exchange Vauld while it looks into the companyâs business practices. Meanwhile, Brian looks into whatâs happening over at Boston Dynamics after being acquired by Hyundai in 2020, which includes a new artificial intelligence and robotics institute buoyed by $400 million. Pew study reveals what weâve known for a while: That teens are not using Facebook anymore. The study found that Facebook lost like half of its users aged 13â17 since 2015, Amanda reports. You have to spend money to make money: Thatâs what Rivianâs leadership is saying anyway. The electric vehicle maker is sticking to its plans to deliver 25,000 vehicles by the end of the year, but it is going to have to burn through $700 million to do so, Harri reports. Your neighbor just got interesting or creepy, not sure which yet: If youâve ever wanted to see what happens on other peopleâs Ring doorbells, MGM, which is owned by Amazon, is prepared to make you happy, Amanda writes. Friday features: Letâs take a stroll through some new app features, shall we? Aisha reports on Instacartâs new feature for really hungry but also indecisive customers, and she explores LinkedIn’s new creator tools designed to better share visual content. Meanwhile, Google is updating the search quality of its âfeatured snippets,â Taylor writes. |
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Newest Jobs from Crunchboard | | Lead Policy Researcher (Associate/Full Specialist) - UC Berkeley Labor Center - Institute for Research on Labor and Employment at University of California Berkeley (Berkeley, CA, USA) Product Support Engineer at Veeva (Columbus, OH, USA) Senior Software Engineer at Siemens Healthcare (Hoffman Estates, IL, USA) Software Developer at MedLab2020, Inc. (Irvine, CA, USA) Full Stack Developer - Remote at TheoremReach (Madison, WI, USA) See more jobs on CrunchBoard Post your tech jobs and reach millions of TechCrunch readers for only $200 per month. |
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