Tuesday, February 28, 2023

Mar 1, 2023 - VCs and founders are finding life easy in the Big Easy

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TradeBriefs Editorial

From the Editor's Desk

The tech helping people get a better night's sleep

Have you ever lain in bed at night, with sleep tantalisingly out of reach while thoughts ricocheted around your head?

If so, then the plight of Lisa Holland from Chesterfield in Derbyshire, may strike a chord.

Continued here


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VCs and founders are finding life easy in the Big Easy
VCs and founders are finding life easy in the Big Easy
Of course, there are a few issues NOLA must overcome for it to be a true tech hub, founders and VCs told TechCrunch: There’s a lack of technical talent, making it hard to find local people to hire. Although money has been flowing in, the city needs more capital to keep up.


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JetBlue pilots evasive action averts crash at Bostons Logan airport
JetBlue pilots evasive action averts crash at Bostons Logan airport
A Learjet on Monday was directed to wait for passenger plane to land but began to take off, forcing JetBlue craft to climb out


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Chinas Censorship Reaches Globally Through WeChat
Chinas Censorship Reaches Globally Through WeChat
The all-in-one app is also a propaganda tool for the Chinese Communist Party.


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Biden's student debt relief plan appears in jeopardy after Supreme Court arguments
Biden's student debt relief plan appears in jeopardy after Supreme Court arguments
The conservative justices repeatedly questioned Biden's legal authority to offer the debt relief.


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South Korea Feb exports fall for fifth month, with pace easing on calendar effects
South Korea Feb exports fall for fifth month, with pace easing on calendar effects
South Korea's exports fell in February for a fifth straight month in annual terms, trade ministry data showed on Wednesday, although at a slower pace than in January due mainly to calendar effects related to national holidays.


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GM cutting hundreds of jobs to reduce costs
GM cutting hundreds of jobs to reduce costs
General Motors Co is cutting hundreds of executive-level and salaried jobs as it looks to cut costs and streamline operations, a person briefed on the matter told Reuters on Tuesday.













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Who Decides How Woke Corporations Should Be?
Who Decides How Woke Corporations Should Be?
Most investors are passive bystanders in boardroom battles. Tumelo wants to get them involvedand take fund managers out of the ideological crossfire.


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One type of artificial sweetener may increase heart attack risk, preliminary study says
One type of artificial sweetener may increase heart attack risk, preliminary study says
The sweetener erythritol, which is becoming increasingly popular in snack bars and low-sugar ice cream substitutes, may increase the risk of heart attacks and strokes, according to a new study.


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California Lottery says $2 billion Powerball winner is legitimate, amid claim ticket was stolen
California Lottery says $2 billion Powerball winner is legitimate, amid claim ticket was stolen
A California man has sued the states lottery commission after claiming he is the rightful winner of the largest U.S. lottery jackpot in history.


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The Poll That Did in Dilbert Creator Scott Adams Is Even Dumber Than You Can Imagine
The Poll That Did in Dilbert Creator Scott Adams Is Even Dumber Than You Can Imagine
The pollster Rasmussen assumed its audience was stupid, and in the case of Scott Adams, it was right.


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Facilitating the Next Golden Age of Black Business
  Facilitating the Next Golden Age of Black Business
Lessons from the golden age of Black business can teach todays leaders how to help Black entrepreneurs prosper.


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US Postal Service plans to buy 9,250 EV Ford delivery vehicles
US Postal Service plans to buy 9,250 EV Ford delivery vehicles
The U.S. Postal Service (USPS) said Tuesday it plans to buy 9,250 Ford E-Transit battery electric vehicles starting later this year and will also purchase an equal number of gasoline-powered models from Chrysler-parent Stellantis .


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West Virginia lawmakers hope $25,000 in tax credits entice people to come home on country roads
West Virginia lawmakers hope $25,000 in tax credits entice people to come home on country roads
West Virginia may be famous for its Country Roads, but state lawmakers are hoping that $25,000 in tax credits will help attract former residents to come back.


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At least 16 people killed after passenger train and freight train collide in Greece
At least 16 people killed after passenger train and freight train collide in Greece
The region's governor said the collision was so violent that the first two carriages of the passenger train "are not visible".


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Former NFL cornerback Irv Cross posthumously diagnosed with most severe type of CTE, researchers say
Former NFL cornerback Irv Cross posthumously diagnosed with most severe type of CTE, researchers say
Ex-NFL cornerback Irv Cross, who died in 2021 years after being diagnosed with dementia, had Stage 4 CTE after nearly a decade of playing in the NFL, researchers said Tuesday


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10 Online Businesses You can Start Today From Home
10 Online Businesses You can Start Today From Home
While most businesses today also operate online, there are many types of businesses that can operate solely online. Online businesses tend to be much easier to manage than other types of businesses. Generally, there are no building or transportation costs associated with many online businesses. They are also easier to start. If you have []


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Pub trade warns of 2,000 closures without budget aid
Pub trade warns of 2,000 closures without budget aid
A publican tells Sky News that without government support for energy costs being maintained, she will be forced to close her kitchen and cut jobs to survive.


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Analysis: Lithium price slide deepens as China battery giant bets on cheaper inputs
Analysis: Lithium price slide deepens as China battery giant bets on cheaper inputs
Rare discounts offered by Chinese battery giant CATL to automakers have accelerated a plunge in lithium prices, and the market is set to drop a further 25% with supply growth outpacing demand, analysts and traders say.


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Boris Johnson will not oppose British PM Sunak's Brexit deal
Boris Johnson will not oppose British PM Sunak's Brexit deal
Boris Johnson will not oppose British Prime Minister Rishi Sunak's Brexit deal, the Times reported on Tuesday citing allies close to the former Prime Minister Johnson.


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Japan needs more than just new visa options to attract highly skilled workers
Japan needs more than just new visa options to attract highly skilled workers
Better wages, improved incentives and overhauled working styles are seen as bigger factors in drawing top foreign talent.


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You can now search comments within a Reddit posteven on desktop
You can now search comments within a Reddit posteven on desktop
New Reddit gets a basic, long-requested feature at last.


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Deadly train collision near Greek city of Larissa
Deadly train collision near Greek city of Larissa
Two trains collide near the city of Larissa, killing at least 15 people and injuring dozens.


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A family feud and grisly kill room: How the murder of Abby Choi shocked Hong Kong
A family feud and grisly kill room: How the murder of Abby Choi shocked Hong Kong
Weeks before 28-year-old socialite and Instagram star Abby Choi was reported missing, authorities say a meticulous plot was already in motion to make her disappear. Io Dodds reports


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Netanyahu bows to U.S. pressure to distance Israel from Putin
Netanyahu bows to U.S. pressure to distance Israel from Putin
Strengthening Russian-Iranian ties threaten the security not only of Ukraine, but also of Israel, according to senior politicians.


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What to Know About 'The Mandalorian' Season 3
What to Know About 'The Mandalorian' Season 3
The third season of the 'Star Wars' series premieres on March 1 on Disney+


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Designers Herald a Motel Makeover for Next-Gen Travelers
Designers Herald a Motel Makeover for Next-Gen Travelers
Motels won't go the way of the dodo bird if Lark Hotels founder Rob Blood has anything to say about it. In just about a year, Blood's boutique brand


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Iran can make fissile material for a bomb 'in about 12 days'
Iran can make fissile material for a bomb 'in about 12 days'
Iran could make enough fissile for one nuclear bomb in "about 12 days," a top U.S. Defense Department official said on Tuesday, down from the estimated one year it would have taken while the 2015 Iran nuclear deal was in effect.


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5 Common Startup Content Marketing Mistakes
5 Common Startup Content Marketing Mistakes
Your audience doesn\'t want to be sold to at every turn; they want valuable, educational content that helps them solve problems or learn something new. Content marketing is usually at the beginning of the sales funnel. You need to provide value to your audience and to gain their trust first. You’d be able to get leads and convert them only as a result of that.


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Jeff Bezos' Single-Family Rental Play Appears Almost Too Well-Timed
Jeff Bezos' Single-Family Rental Play Appears Almost Too Well-Timed
Bezos not only invested in the real estate startup\'s seed round in 2021, but he doubled down on that investment during the company\'s series A last year. Retail investors have already funded more than $78 million worth of single-family rentals on the platform with a $100 minimum investment and several new properties are being added every month.


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Tech Leaders in Israel Wonder if Its Time to Leave
Tech Leaders in Israel Wonder if Its Time to Leave
“From my clients I’m hearing concrete instructions to mobilize money out of Israel, to Switzerland or London,” said Eran Goren, a co-founder of Fidelis Family Office, which manages the money of wealthy Israelis. “We work closely with private banking departments of big banks, and they say it’s from every direction — people are just pulling money out.”


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How Chinas police are ensnaring thousands of suspects abroad
How Chinas police are ensnaring thousands of suspects abroad
Under Xi Jinping, the authorities have been extending their global reach


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As merchants complain of Visa's high swipe fees, experts weigh in on the company's role in the retail market
As merchants complain of Visa's high swipe fees, experts weigh in on the company's role in the retail market
Americans are increasingly using plastic to spend their money, enabling Visa to grow its dominance in the credit and debit card space.


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Biden Urges US Carriers To Follow American Airlines On Family Seating
Biden Urges US Carriers To Follow American Airlines On Family Seating
President Joe Biden on Tuesday called on U.S. airlines to follow American Airlines in committing to eliminating family seating fees as part of their customer service plans.


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Americans have changed the way they exercise. Here's how gyms are adapting | CNN Business
Americans have changed the way they exercise. Here's how gyms are adapting | CNN Business
Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.


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American Airlines guarantees family seating in new customer service plan | CNN
American Airlines guarantees family seating in new customer service plan | CNN
On Southwest Airlines, which does not have assigned seating, families with children 6 or younger are allowed to board early - right after the "A" group of passengers. The airline's website also offers the option of EarlyBird Check-in for a fee that may yield an "A" group boarding position.


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The American Exception
The American Exception
Nuns in the Himalayas have long been confined to chores like cooking and cleaning, barred from philosophical debates and other activities practiced by monks. But a sect of nuns in Nepal has been leading the charge to break gender barriers by practicing Kung Fu and, among other things, making people aware of climate change.


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EU narrows antitrust case against Apple over rules for music services like Spotify
EU narrows antitrust case against Apple over rules for music services like Spotify
\"We\'re pleased that the Commission has narrowed its case and is no longer challenging Apple\'s right to collect a commission for digital goods and require the use of the In-App Payment systems users trust,\" the spokesperson said. \"The App Store has helped Spotify become the top music streaming service across Europe and we hope the European Commission will end its pursuit of a complaint that has no merit.\"


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Australia news live: Dutton backs Bridget Archer; Chalmers confident the worst of inflation is behind us
Australia news live: Dutton backs Bridget Archer; Chalmers confident the worst of inflation is behind us
This is faster growth than all of the major advanced economies and it's more than twice the growth of the OECD average. I think it's an unfortunate sign of the times. That even in one of - one of the best economies in the world here in Australia, our people are still under extreme pressure. It's a sign of the times that even in one of the world's best economies, people are still struggling under the weight of a global downturn, high inflation and rising interest rates as well.


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Gove suggests parents of truanting children could have child benefits stopped
Gove suggests parents of truanting children could have child benefits stopped
In his speech at the Onward event, Gove also criticised social progressives whom he refused to describe as “woke”, saying: “I dislike the use of the word both because it can at times seem to trivialise and render as simply eccentric and amusing what is actually an increasingly powerful and destructive force in our society.


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Amazon is letting employees use their stock to finance home purchases and even second homes
Amazon is letting employees use their stock to finance home purchases and even second homes
The company’s reputation also took a huge hit over the manner in which it conducted numerous rounds of mass layoffs, which also resulted in an executive exodus. Better.com also made headlines last July, when it appeared to still be moving forward with its SPAC filing despite lackluster performance of blank-check combination debuts. (On the same day of the updated SPAC filing, the WSJ reported that the SEC is examining whether Better.com violated federal securities laws, per a disclosure from the company.)


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StudentFinance nabs $41M to help Europeans upskill for in-demand jobs
StudentFinance nabs $41M to help Europeans upskill for in-demand jobs
The equity element was led by Iberis Capital, with participation from Armilar Venture Partners, Mustard Seed Maze, Giant Ventures, Seedcamp
, Monzo founder Tom Blomfield, and former U.K. MP Ed Vaizey. The debt element was provided by French asset manager SmartLenders Asset Management.


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E-commerce aggregator Una Brands lands $30M just five months after its Series B
E-commerce aggregator Una Brands lands $30M just five months after its Series B
In a statement, Una Brands praised its newest investor, saying: “We believe [Northstar’s] deep knowledge of the Southeast Asian markets and strong e-commerce experience will be very valuable to Una Brands as we look to double down our operations across the region.”


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Mozilla leads Mastodon app Mammoth's pre-seed funding
Mozilla leads Mastodon app Mammoth's pre-seed funding
But revenue is not the immediate focus — growing its user base comes first. As for now, Mammoth has at least a year’s worth of funding thanks to Mozilla’s backing, Decrem says. And they’re willing to be patient, he notes.


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Typeface emerges from stealth with $65M to bring generative AI to the enterprise
Typeface emerges from stealth with $65M to bring generative AI to the enterprise
“As we emerge from stealth, we are excited to see strong early interest and engagement from a diverse range of mid-large enterprises,” Parasnis continued. “This level of customer response underscores the rapid market growth and highlights the appeal of our unique enterprise-minded vision for micro-personalized, secure content for teams.”


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TechCrunch+ roundup: Using predictive LTV, Boston VC survey, active learning for ML teams
TechCrunch+ roundup: Using predictive LTV, Boston VC survey, active learning for ML teams
“Only well-funded institutions with access to a massive amount of GPU power are capable of building these models,” says Encore co-founder Eric Landau, who recommends using the iterative process of active learning to “leapfrog the AI production gap and build models capable of running in the wild more quickly.”


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Microservices orchestration platform Temporal raises $75M and remains a unicorn
Microservices orchestration platform Temporal raises $75M and remains a unicorn
Temporal’s latest cash injection incorporated repeat investments from its Series A and Series B backers, including Sequoia Capital, Index Ventures, Amplify Partners, Madrona Venture Group and Addition Ventures, with participation from new investor Greenoaks.


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How much progress is Klarna making toward profitability?
How much progress is Klarna making toward profitability?
Our work today is simple: We need to parse the company’s growth compared to its market, and then we need to dig into its quarterly profitability to see how well it is managing to control costs and work toward profitability. This is where operating philosophy comes into play, as you’ll see.


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Archetype wants to help developers build a metered API billing solution
Archetype wants to help developers build a metered API billing solution
“I always try to strive for excellence first, and see if [the candidate] also brings any cultural shift [to the company]. I think one of the first things I learned early on in my career is that it’s good to have people with different backgrounds and different experiences. They can challenge you implicitly on some of the things that you might think are normal, that might not be right,” he said.


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Boris Johnson will not oppose British PM Sunak's Brexit deal
Boris Johnson will not oppose British PM Sunak's Brexit deal
Boris Johnson will not oppose British Prime Minister Rishi Sunak's Brexit deal, the Times reported on Tuesday citing allies close to the former Prime Minister Johnson.


Work
Australia news live: Dutton backs Bridget Archer; Chalmers confident the worst of inflation is behind us
Australia news live: Dutton backs Bridget Archer; Chalmers confident the worst of inflation is behind us
This is faster growth than all of the major advanced economies and it's more than twice the growth of the OECD average. I think it's an unfortunate sign of the times. That even in one of - one of the best economies in the world here in Australia, our people are still under extreme pressure. It's a sign of the times that even in one of the world's best economies, people are still struggling under the weight of a global downturn, high inflation and rising interest rates as well.


Work
Archetype wants to help developers build a metered API billing solution
Archetype wants to help developers build a metered API billing solution
“I always try to strive for excellence first, and see if [the candidate] also brings any cultural shift [to the company]. I think one of the first things I learned early on in my career is that it’s good to have people with different backgrounds and different experiences. They can challenge you implicitly on some of the things that you might think are normal, that might not be right,” he said.


Work
Serena Ventures backs SoLo Funds as finance platform tops 1M registered users
Serena Ventures backs SoLo Funds as finance platform tops 1M registered users
SoLo members get a consumer deposit account, but coming down the pipeline the company will be releasing some new features, including access to debit cards, credit lines, credit cards, high-yield savings accounts and an auto lending account that will be launched later this year. It will enable members to upload capital into an account and set risk tolerance and the account will lend automatically.


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Gable raises the roof (and $12M) for better remote working options
Gable raises the roof (and $12M) for better remote working options
“The world of work is changing rapidly, and there is a growing need for creative, and powerful solutions that help companies build connected and engaged teams while supporting flexibility,” said Colin Tobias, partner at SemperVirens, one of Gable’s lead investors. “The Gable team has built a differentiated, people-focused solution and we’re excited and proud to support them in powering the workplace of today and tomorrow.”


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Bonusly, a startup aiming to help employees get recognized for quality work, raises $18.9M
Bonusly, a startup aiming to help employees get recognized for quality work, raises $18.9M
“The value we deliver to customers has become even more critical as organizations navigate the inevitable changes characterized by the need to be more efficient coupled with the on-going ‘great resignation’ and tight labor market,” Crawford-Marks said. “It’s a platform that empowers real-time recognition to highlight accomplishments big and small in a very positive and public way ultimately fosters stronger cultures and builds resilient companies that weather the storm.”


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Low-Income Families Brace for End of Extra Food Stamp Benefits
Low-Income Families Brace for End of Extra Food Stamp Benefits
Mr. Hall also warned of the wider ramifications of the policy change, noting that the decreased benefits will result in “almost $3 billion in food purchases disappearing from the American economy” every month.


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Pedestrian Deaths On The Rise Again, A Walker Dies Every 75 Minutes On Americas Roads
Pedestrian Deaths On The Rise  Again, A Walker Dies Every 75 Minutes On Americas Roads
"The only way to reverse this awful trend is to do more of everything that works," Adkins added, "more and better designed infrastructure to keep people walking safe, equitable enforcement of traffic safety laws to stop dangerous driving and engaging more communities where the impacts of this crisis are felt the hardest."


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Novavax Tumbles After Warning of Substantial Doubt Over Future
Novavax Tumbles After Warning of Substantial Doubt Over Future
To date, Novavax has delivered 1.1 million doses of its Covid vaccine in the US, a small fraction of the roughly 650 million from Pfizer and 400 million from Moderna, according to data from the Centers for Disease Control and Prevention.


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Brexit deal: Sausage, plant and potato firms welcome new framework
Brexit deal: Sausage, plant and potato firms welcome new framework
\"Before, products would get stuck at customs for three or four days and they would die or get diseased. If that now changes we can order from multiple suppliers. That will be fantastic,\" the 37-year-old says.


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Reshaping Corporate America With Billions in Giveaways
Reshaping Corporate America With Billions in Giveaways
The founder of the fintech start-up Frank, which JPMorgan Chase says it was tricked into buying was based on fraud, accused the bank of making her a scapegoat to cover up its own mistakes. (WSJ)


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Biden warns of GOP plans to curb access to health care
Biden warns of GOP plans to curb access to health care
Because McCarthy has yet to present a budget proposal, it is unclear how many of the ideas cited by Biden are being actively considered by the House GOP. McCarthy has said cuts to the popular Social Security and Medicare programs are \"off the table\" in any debt ceiling talks.


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DeSantis calls for 'crippling the ESG movement' in new book
DeSantis calls for 'crippling the ESG movement' in new book
Whether DeSantis makes ESG a campaign priority or not, the issue will continue to draw controversy on Capitol Hill. President Joe Biden last year loosened a Trump-era rule that made it more difficult to use ESG funds in 401(k) plans, and on Monday his administration came out against a GOP-penned House resolution criticizing that decision.




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