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We’ve come to Friday! If you’re looking for a good podcast episode, I highly recommend Equity today where Natasha MAnd Mary Ann And pica Talk about CES, NYE, SBF, and FTX — oh my! Also, a shout out to you Daily Crunchers out there for reading yesterday’s newsletter and helping it be one of today’s most read stories. It gratifies my heart, and I hope today’s news will be just as captivating. Without further goodbye… – Christine
Top Techcrunch 3
- Knock, knock, it’s trusty tenants at the doorLandlords don’t always have peace of mind while leasing their space, but Dorsted believes its approach is to solve that. Mary Ann reports on the company securing $21.5 million in new financing not only to tell you how much rent you can expect, but also to make sure you always have a tenant for your rental property.
- Credit buzz: Indian fintech KreditBee’s IPO business model to help people get micro-loans attracts more venture capital — $100 million, in fact — to boost the company’s valuation to nearly $700 million, Manly… masculine Writes.
- seeing is believing: Pilgrim Reports of ‘Lumus’ offering to make augmented reality glasses less disorienting. “
TechCrunch @ CES
If you liked this item above on Lumus, you’ll love what the TechCrunch team has in store for you today as they continue to cover the Consumer Electronics Show in Las Vegas. Only two more days left!
Abundant Tools and Gadgets:
Will Record Dry Powder Levels Cause a Late Explosion in Startup Investing?
There’s a subtext to waves of layoffs and Craigslist ads for discount office furniture: Tech investors have raised nearly $290 billion in dry powder.
“Despite the economic downturn, strong money supply and tailwinds to spending on digitization are leading some market participants to believe we are in a vigorous investment cycle,” says Rafael Mucumello and Pierre Bourdon of Pecos Capital.
Tracking uninvested capital by year since 2006, the pair found that “a crisis within the investment landscape has often been followed by years of systematic outperformance of returns, and history has a way of repeating itself.”
Three more from the TC+ team:
Techcrunch + It is our membership program that helps founders and startup teams get ahead of the pack. You can register here. Use the code “DC” to get 15% off an annual subscription!
If you’ve been using Snap’s desktop camera to give yourself a fun filter during video calls, start saying goodbye to it now. Ivan Reports indicate that Snap is shutting down its Camera app on January 25th to focus on its Camera Kit for web feature. He also notes that there may be more behind the move, writing, “The discontinuation of the Snap Camera app — first spotted by The Verge — isn’t entirely surprising. Last year, it cut 20% of its staff and shut down its drone product months after its launch.” for the first time “.
And we have five more for you:
- We’re lowering prices left and right: not shiny It has been reported that Tesla has cut prices of its Model 3 and Model Y in China for the second time in three months.
- Scientific theft in the world of artificial intelligence: If you were in school in the late 1990s or early 2000s, you may remember your teacher telling you not to use the Internet because it was full of misinformation. Well, technology has come a long way, and even longer after ChatGPT became a thing. Amid news that New York City public schools are banning ChatGPT, OpenAI says it’s working on a “mitigation” to help detect ChatGPT-generated text, Kyle reports.
- TikTok, it’s bedtime: We’ve heard of alarms to wake you up, but this phone screen was meant to keep you busy when you should be asleep. “No problem,” says TikTok, which is testing a “sleep reminder” feature that alerts you when it’s time for bed, ayishah Writes. And that’s not all — it’s also reported that TikTok now has video filter thumbnails to make it easier to find specific parts of videos.
- It’s enough to make you TwitchWebsite and app outages happen all the time, but when Amanda Seeing what happened to Twitch for the second time in a week, she decided to get to the bottom of it.
- Samsung does not sing a happy tune: Kate Reports on Samsung’s initial estimates for its quarterly earnings, which don’t look good. The memory chip and phone maker says quarterly profit hit an eight-year low amid weak demand for its products.