July 23, 2024

Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

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People, we have got some definitely unhappy information for you. The weekend is right here, which usually means that you have to stop performing for a couple times. We know, it’s a tragedy. But really do not be concerned, Monday is only two small weekend times away, and then you can get back again to the grindstone.

Black Record Thirty day period proceeds! Initially published in 1975, For Coloured Ladies Who Have Considered Suicide/When the Rainbow Is Enuf is a superb, passionate, and fearless story of what it meant to be a female of colour in the 20th century.  Properly really worth a examine — or search for it out onstage!

Substantially really like and hugs and this kind of, Christine and Haje

​​The TechCrunch Major 3

  • Revenue, revenue, money…must be amusing: Warner Bros. Discovery exposed that it lost one more $2.1 billion in the fourth quarter. This is despite the good results of demonstrates like “The Past of Us” on HBO and game titles like “Hogwarts Legacy.” Lauren describes a lot more.
  • Manner layoffs: Secondhand clothing marketplace Poshmark is now laying off staff just two months right after staying obtained by Naver, Kate experiences.
  • One more brick in the wall: Ron explains why a probable U.S. Department of Justice lawsuit more than competitors could derail the pending $20 billion Adobe-Figma offer.

Startups and VC

The real truth of the make a difference is that Mobile World Congress (MWC) was never ever a buyer tech present, for each se, but the participation of a variety of smartphone makers reworked it into a helpful launching pad. Brian explores in What we be expecting from MWC 2021.

In the confront of conscripted co-founders and blacked-out bunkers, Ukraine’s tech marketplace marches on. Mike explores how, a yr on from Russia’s invasion, Ukrainian startups clearly show astounding resilience.

And we have five much more for you:

  • Pay, pay back shell out: Telecom large Airtel eyes a stake in Paytm, by Manish.
  • Invest in, invest in, buy: Rebuy is out to modify the purchaser buying knowledge, one particular personalization at a time, Christine stories.
  • Deb, dev, dev: Alchemy launches a tool that enables devs to commence constructing dApps in just 4 minutes, Jacquelyn stories.
  • Ai, ai, AI:  Natasha L reports how Voicemod resources up with $14.5 million to experience the generative AI (sonic)increase.
  • Pic, pic, pic: South Africa’s Envisionit Deep AI gets $1.65 million to extend accessibility to health care imaging, experiences Annie.

5 inquiries emerging supervisors should talk to prior to picking out LPs

Two Wooden People Figures Communicating

Graphic Credits: Constantin Johnny (opens in a new window) / Getty Illustrations or photos

Prior to an rising supervisor can start backing startups, they’ll initially require to get paid the believe in of minimal companions who are keen to guess on their expenditure thesis.

“Each stage up the choice-generating ladder boosts the possibility of dismissal, lost data or miscommunication, which can be mitigated if you can get in front of the final decision-makers early on,” says Linda Greub, co-founder and running husband or wife of Avestria Ventures.

Drawing from her very own practical experience, Greub shares five concerns rising supervisors can use “to obtain the buyers most possible to believe in you.”

Three extra from the TC+ group:

TechCrunch+ is our membership software that can help founders and startup groups get forward of the pack. You can indication up here. Use code “DC” for a 15% low cost on an yearly membership!

Massive Tech Inc.

A new hacker team going by the name CH01 defaced Russian internet sites to have them exhibit a video of the Kremlin on fire. Lorenzo has extra.

Google 1 subscribers can rejoice over this information that they now have obtain to Google Photos’ new AI-powered “Magic Eraser” that will take out unwanted material from photographs, Sarah studies.

We have a handle for you: six tales in its place of five:

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