Facebook launches revamped Instagram Lite app in India

facebook-launches-revamped-instagram-lite-app-in-india

Facebook is working to bring back the Instagram Lite app, months after it shut down the light version offering worldwide. The social conglomerate said on Wednesday that it is testing the revamped Instagram Lite app in India, where it hopes to “gain valuable insights” about the new offering before “a global rollout” of the app … Read more

Live-streaming platform BoxCast raises $20M

live-streaming-platform-boxcast-raises-$20m

BoxCast, a Cleveland-based company aiming to make it easy to live stream any event, has raised $20 million in Series A funding. Co-founder and CEO Gordon Daily said that when the company first launched in 2013, “streaming wasn’t something that everyone understood,” and you needed professional help to live stream anything. BoxCast is supposed to … Read more

Gmail is broken right now, one day after a massive outage (Update: Fixed?)

gmail-is-broken-right-now,-one-day-after-a-massive-outage-(update:-fixed?)

While it doesn’t appear to be completely down like it was yesterday morning, we’re hearing many reports from Gmail users that the email service is having major issues right now. Some users are reporting that Gmail is particularly slow, while others are reporting constant error messages. One TechCrunch writer, meanwhile, noticed that emails he was … Read more

Launch startup Astra’s rocket reaches space

launch-startup-astra’s-rocket-reaches-space

Rocket launch startup Astra has joined an elite group of companies that can say their vehicle has actually made it to orbital space — earlier than expected. The company’s Rocket 3.2 test rocket (yes, it’s a rocket called “Rocket”) passed the Karman line, the separation point 100 km (62 miles) up that most consider the … Read more

Pinterest’s $22.5M settlement highlights tech’s inequities, say former employees who alleged discrimination

pinterest’s-$22.5m-settlement-highlights-tech’s-inequities,-say-former-employees-who-alleged-discrimination

When Ifeoma Ozoma and Aerica Shimizu Banks, formerly of Pinterest’s policy team, alleged racial and gender discrimination at Pinterest in June, the hope was for Pinterest to make them whole and address its culture of alleged discrimination, Ozoma told TechCrunch. But that’s not what happened. Just two months later, former Pinterest COO Françoise Brougher sued … Read more

This VC introduced Palantir’s first business hire to its earliest engineer, then his business took off

this-vc-introduced-palantir’s-first-business-hire-to-its-earliest-engineer,-then-his-business-took-off

You might not know yet of XYZ Venture Capital, a four-year-old, Bay Area-based seed-stage venture firm, but many veterans of Palantir are surely aware of it. XYZ says it has already backed 22 startups whose founders came out of the data analysis company, including most notably, Anduril, Lucky Palmer’s defense tech startup. In fact, the … Read more

ClickUp hits $1 billion valuation in $100M Series B raise

clickup-hits-$1-billion-valuation-in-$100m-series-b-raise

Just six month after raising its first bit of outside funding, ClickUp has closed $100 million in new funding and reached a $1 billion valuation, a report in Bloomberg first reported. The company has seen plenty of growth in the past several months to justify that new unicorn status, including doubling the amount of users … Read more

Revolut launches mid-tier subscription plan

revolut-launches-mid-tier-subscription-plan

Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut — it costs £2.99 per month. Like N26 Smart and Monzo Plus, the new plan is a pandemic-proof package that doesn’t focus as much on travel. For the past couple of years, challenger banks and alternatives to traditional bank accounts … Read more