Journals

Christine Hall / TechCrunch: Owner.com, which offers an all-in-one platform for independent restaurants that includes online ordering and a website builder, raised a $33M Series B  —  Independent restaurant owners used to heavily rely on foot traffic as their way… Read More »Owner.com, which offers an all-in-one platform for independent restaurants that includes online ordering and a website builder, raised a $33M Series B (Christine Hall/TechCrunch)

Reuters: The US adds 12+ Chinese companies, including YMTC, Megvii, and lidar maker Hesai, to a DOD list to flag firms that are allegedly working with China’s military  —  The United States on Wednesday added more than a dozen Chinese… Read More »The US adds 12+ Chinese companies, including YMTC, Megvii, and lidar maker Hesai, to a DOD list to flag firms that are allegedly working with China’s military (Reuters)

Manish Singh / TechCrunch: Paytm plans to cease work with its associate Paytm Payments Bank and accelerate partnerships with other banks, after the RBI’s clampdown on the payment bank  —  Paytm said Thursday that it will cease working with its… Read More »Paytm plans to cease work with its associate Paytm Payments Bank and accelerate partnerships with other banks, after the RBI’s clampdown on the payment bank (Manish Singh/TechCrunch)

Jesse Hamilton / CoinDesk: Celsius emerges from bankruptcy and plans to distribute over $3B to its creditors, who will also get a stake in the newly formed Ionic Digital mining operation  —  The distribution will be made through PayPal and… Read More »Celsius emerges from bankruptcy and plans to distribute over $3B to its creditors, who will also get a stake in the newly formed Ionic Digital mining operation (Jesse Hamilton/CoinDesk)

Kirsten Korosec / TechCrunch: Robotaxi company Motional loses capital support from automotive supplier Aptiv, the other half of a $4B joint venture with Hyundai that created Motional in 2019  —  Autonomous vehicle company Motional is losing capital support from one… Read More »Robotaxi company Motional loses capital support from automotive supplier Aptiv, the other half of a $4B joint venture with Hyundai that created Motional in 2019 (Kirsten Korosec/TechCrunch)

Alex Weprin / The Hollywood Reporter: In an email to subscribers, Hulu says the company changed its subscriber agreement to bar sharing of accounts outside the user’s household  —  The Disney-owned streaming service changed its subscriber agreement to ban sharing… Read More »In an email to subscribers, Hulu says the company changed its subscriber agreement to bar sharing of accounts outside the user’s household (Alex Weprin/The Hollywood Reporter)

Mary Ann Azevedo / TechCrunch: Metronome, which offers APIs to help SaaS companies charge customers on a usage basis, raised a $43M Series B led by NEA, bringing its total funding to $78M+  —  Metronome, a startup that helps software… Read More »Metronome, which offers APIs to help SaaS companies charge customers on a usage basis, raised a $43M Series B led by NEA, bringing its total funding to $78M+ (Mary Ann Azevedo/TechCrunch)

Jeffrey Gottfried / Pew Research Center: US adults survey: 83% use YouTube; 68% use Facebook; 47% use Instagram; 27% to 35% use Snapchat, WhatsApp, LinkedIn, TikTok, and Pinterest; 22% use X and Reddit  —  YouTube and Facebook are by far… Read More »US adults survey: 83% use YouTube; 68% use Facebook; 47% use Instagram; 27% to 35% use Snapchat, WhatsApp, LinkedIn, TikTok, and Pinterest; 22% use X and Reddit (Jeffrey Gottfried/Pew Research Center)

Kif Leswing / CNBC: Qualcomm reports Q1 adjusted revenue up 5% YoY to $9.92B, vs. $9.51B est., handset chip sales up 16% YoY to $6.69B, and net income up 24% YoY to $2.77B  —  – Qualcomm beat on revenue and… Read More »Qualcomm reports Q1 adjusted revenue up 5% YoY to $9.92B, vs. $9.51B est., handset chip sales up 16% YoY to $6.69B, and net income up 24% YoY to $2.77B (Kif Leswing/CNBC)

Rachel Metz / Bloomberg: OpenAI says GPT-4 poses “at most” a slight risk of helping create biological threats, according to early tests to evaluate “catastrophic” risks from LLMs  —  Artificial intelligence startup carried out tests as part of efforts to… Read More »OpenAI says GPT-4 poses “at most” a slight risk of helping create biological threats, according to early tests to evaluate “catastrophic” risks from LLMs (Rachel Metz/Bloomberg)