Author: TechBrunch

With TikTok potentially banned in the US, YouTube is touting how much its TikTok competitor YouTube Shorts is making for creators. The company announced Thursday that its short-form video platform now averages more than 70 billion views per day, and more than 25% of channels in YouTube's Partner Program monetize their videos through revenue share on Shorts. did. The news quickly follows TikTok's announcement earlier this month, in which the ByteDance-owned short video app said its revamped Creator Fund has increased its total revenue by more than 250% over the past six months. It is. TikTok's Fund, which was created…

Amazon on Thursday announced the release of a new app for its contactless palm recognition service, Amazon One. Customers will now be able to hold their palm over their device to make purchases at locations of their choice, including more than 500 Whole Foods Market stores and Amazon stores. 150 third-party locations. Instead of signing up for Amazon One in a brick-and-mortar store, users can now download the Amazon One app (available on iOS or Android devices) and take photos of their palms at home. When you create an online profile and add a payment method, your palm is added…

ChowNow, an online ordering platform and marketing services for local restaurants, has acquired Cuboh, a Y Combinator-backed point-of-sale (POS) platform that consolidates all orders from delivery apps in one place. . This is ChowNow's first acquisition and will strengthen the company's POS integration solutions, helping restaurants fulfill orders across multiple services. However, as part of the acquisition, ChowNow laid off approximately 30 employees, bringing the total number of employees to 300. Meanwhile, Cuboh's entire 30-person team, including marketing, sales, product, and engineering, is moving to ChowNow. “Unfortunately, as part of our restructuring to best position our company, we have made…

The clock is almost over! With 48 hours left, this is your last chance to secure an early bird discount for TechCrunch Early Stage 2024. Don't miss your chance to join industry leaders, experts, and fellow founders for a day packed with valuable insights and networking opportunities and practical advice to accelerate your startup journey. Here are some of our esteemed speakers. Alex Kayyal, Lightspeed Venture Partners Partner Rudina Seseri, Glasswing Ventures Co-Founder and Managing Partner Emily Knight, President The Engine Accelerator Jess Lee, Sequoia Partner James Currier, NFX General Partner Rebecca Lee Whiting, Founder and Fractional General Counsel Epigram…

While working at Uber and Palantir, respectively, Siadhal Magos and Shahriar Tajbakhsh noticed that the hiring process, especially the interview process, had become unwieldy for many companies' human resources departments. “While the interview was clearly the most important part of the hiring process, it was also the most opaque and unreliable part,” Magos told TechCrunch. “On top of this, taking notes and writing feedback is a lot of effort, which many interviewers and hiring managers try to avoid at all costs.” Magos and Tajbakhsh believed the hiring process was ripe for disruption, but they wanted to avoid over-abstracting the human…

Startup studio super{set} made another exit in January when it sold marketing company Habu to LiveRamp for $200 million. Now, super {set} has doubled down on his enterprise startup building strategy and added an additional $90 million to his coffers. “In some ways, not much has changed since our launch. We remain a venture studio focused on building a company rooted in data and AI. We found, funded, and built new technology startups in the enterprise space,” founding managing partner Tom Chavez told TechCrunch. But it’s other parts of the market that have changed since 2019. And it sounds like…

As funding flows into deep tech to tackle tough global problems like climate change, PhD entrepreneurs from Europe's top universities and labs are increasingly turning their research into companies. . One example is Diamfab, a French spinout founded in 2019. Co-founders CEO Gauthier Chicot and CTO Khaled Drish both have PhDs in nanoelectronics, are prominent researchers in the field of semiconductor diamonds, and are French National He left the Neil Institute, a laboratory of the National Center for Scientific Research (CNRS), and obtained the following two licensed patents. their belts. Since then, Chicot and Dreich have registered more patents and…

Alex Chatzieleftheriou founded Blueground in 2013, frustrated by the lack of short-term furnished apartments in Europe. He was traveling as a consultant for McKinsey & Co., and had been living mostly in hotel rooms for months. “At one point, the company had to pay up to 15,000 euros for a hotel room in Amsterdam, and there was neither enough space nor a kitchen to cook,” he said. “I tried renting an apartment for more than a month. But it was difficult and the landlord was not willing to buy furniture. So I started my own business to solve the problem.”…

Businesses and other large organizations have long been lucrative and obvious targets for cybercriminals, but in recent years, small and medium-sized businesses have become more common targets as well, thanks to more sophisticated breach techniques and the rise of AI. became. Now, Coro, one of his startups that builds specialized tools for small and medium-sized businesses, has announced a major funding round after its recurring revenue soared 300% last year. I am. Raised $100 million in Series D round. Sources close to the deal told TechCrunch that the valuation is valued at more than $750 million post-cash. While New York-based…

Have you noticed a huge gap between consumer and business apps on your phone? Consumer apps are beautifully designed and easy to use, while business apps are just plain hard to use. A European startup is developing a series of B2B apps designed to be mobile-first, as mobile phones have become the primary computer for most people. And they call their company Mobile First Company. When you download an app from this company, you can create an account from your phone (which isn't always the case with B2B apps) and expect to be able to do everything from the device…