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Instacart to eliminate about 2,000 jobs and GitHub head of HR resigns - techcrunch

Instacart to eliminate about 2,000 jobs and GitHub head of HR resigns

Hey y’all. You’ve just landed on Human Capital, the weekly newsletter that details the latest in labor, and diversity and inclusion in tech. The week kicked off with GitHub making a public apology to the person the company terminated for cautioning his employees about Nazis in D.C. on the day of the insurrection at the […]
techcrunch - 6 hours ago
Original Content podcast: ‘Bridgerton’ is an addictive reimagining of Jane Austen-style romance - techcrunch

Original Content podcast: ‘Bridgerton’ is an addictive reimagining of Jane Austen-style romance

“Bridgerton,” the Shondaland drama that launched last month on Netflix, offers a few key updates to the standard formula of Regency-era  romance. For one thing, there’s a racially diverse cast, with Black actors taking on the role of early 19th-century English nobility and royalty. (At one point, one of the characters offers an unconvincing explanation […]
techcrunch - 10 hours ago
Watch SpaceX launch its first dedicated rideshare mission live, carrying a record-breaking number of satellites - techcrunch

Watch SpaceX launch its first dedicated rideshare mission live, carrying a record-breaking number of satellites

SpaceX is set to launch the very first of its dedicated rideshare missions – an offering it introduced in 2019 that allows small satellite operators to book a portion of a payload on a Falcon 9 launch. SpaceX’s rocket has a relatively high payload capacity compared to the size of many of the small satellites produced […]
techcrunch - 13 hours ago
Is anything too big to be SPAC’d? - techcrunch

Is anything too big to be SPAC’d?

While many deemed 2020 the year of SPAC, short for special purpose acquisition company, 2021 may well make last year look quaint in comparison. It’s probably not premature to be asking: is anything too big to be SPAC’d? Just today, we saw the trading debut of the most valuable company to date go public through […]
techcrunch - 1 day ago
Daily Crunch: Alphabet shuts down Loon - techcrunch

Daily Crunch: Alphabet shuts down Loon

Alphabet pulls the plug on its internet balloon company, Apple is reportedly developing a new MacBook Air and Google threatens to pull out of Australia. This is your Daily Crunch for January 22, 2021. The big story: Alphabet shuts down Loon Alphabet announced that it’s shutting down Loon, the project that used balloons to bring […]
techcrunch - 1 day ago
Backed by Vint Cerf, Emortal wants to protect your digital legacy from ‘bit-rot’ - techcrunch

Backed by Vint Cerf, Emortal wants to protect your digital legacy from ‘bit-rot’

We are all pumping out data into the cloud. Some of it we’d like to keep forever. Emortal is a startup that wants to help you organize, protect, preserve and pass on your ‘digital legacy’ and protect it from becoming unreadable, otherwise known as ‘bit-rot’. The project has received backing from the legendary Vint Cerf, one of […]
techcrunch - 1 day ago
Drupal’s journey from dorm-room project to billion-dollar exit - techcrunch

Drupal’s journey from dorm-room project to billion-dollar exit

Moving from dorm room to billion-dollar exit is the dream of every startup founder. Dries Buytaert got there by being bold, working hard and thinking big.
techcrunch - 1 day ago
Boston Globe will consider people’s requests to have articles about them anonymized - techcrunch

Boston Globe will consider people’s requests to have articles about them anonymized

The Boston Globe is starting a new program by which people who feel an article at the newspaper is harmful to their reputation can ask that it be updated or anonymized. It’s reminiscent of the E.U.’s “right to be forgotten,” though potentially less controversial, since it concerns only one editorial outlet and not a content-agnostic […]
techcrunch - 1 day ago
Xbox Live Gold is getting a big price hike - techcrunch

Xbox Live Gold is getting a big price hike

In what feels like an attempt at kicking some bad news under the rug on a Friday, Microsoft announced this morning that the price of Xbox Live Gold is going up.
techcrunch - 1 day ago
EVgo to go public via SPAC in bid to power EV charging expansion - techcrunch

EVgo to go public via SPAC in bid to power EV charging expansion

EVgo, the wholly owned subsidiary of LS Power that owns and operates public fast chargers for electric vehicles, has reached a deal to become a publicly traded company through a merger with special-purpose acquisition company Climate Change Crisis Real Impact I Acquisition Corporation. The combined company, which will be listed under the new ticker symbol […]
techcrunch - 1 day ago
Pinterest launches an AR-powered Try-on experience for eyeshadow - techcrunch

Pinterest launches an AR-powered Try-on experience for eyeshadow

Pinterest is expanding its virtual makeup try-on capabilities with today’s launch of a new augmented reality feature that allows online shoppers to virtually try on new eyeshadow. Initially, Pinterest is allowing try-on with 4,000 shades from brands like Lancome, YSL, Urban Decay, and NYX Cosmetics. The feature leverages Pinterest’s existing Lens visual search technology, its […]
techcrunch - 1 day ago
Google refreshes its mobile search experience - techcrunch

Google refreshes its mobile search experience

Google today announced a subtle but welcome refresh of its mobile search experience. The idea here is to provide easier to read search results and a more modern look with a simpler, edge-to-edge design. From what we’ve seen so far, this is not a radically different look, but the rounded and slightly shaded boxes around […]
techcrunch - 1 day ago
Sounding Board raises cash as startups wake up to executive coaching - techcrunch

Sounding Board raises cash as startups wake up to executive coaching

In an unprecedented work environment defined by distributed teams and virtual-only communication, two co-founders think their 2018 bet reigns truer than ever: mentors need mentorship, too. Christine Tao and Lori Mazan, the brains behind Sounding Board, want to train any leader within an organization to be a better leader. The San Francisco startup connects anyone […]
techcrunch - 1 day ago
How VCs invested in Asia and Europe in 2020 - techcrunch

How VCs invested in Asia and Europe in 2020

Falling seed volume, lots of big rounds. That's 2020 VC around the world in a nutshell.
techcrunch - 1 day ago
MotoRefi raises $10M to keep pedal on auto refinancing growth - techcrunch

MotoRefi raises $10M to keep pedal on auto refinancing growth

A month before the COVID-19 pandemic had spread to North America, auto fintech startup MotoRefi — newly armed with nearly $9 million in venture capital — was preparing to bring its refinancing platform to the masses. CEO Kevin Bennett, and the investors behind the company, saw the opportunity to service Americans who collectively hold $1.2 […]
techcrunch - 1 day ago
Blobr, the ‘no-code’ company turning APIs into products, raises €1.2M pre-seed - techcrunch

Blobr, the ‘no-code’ company turning APIs into products, raises €1.2M pre-seed

Blobr, a Paris-based startup operating in the no-code space with tech to make it easier for companies to expose and monetise their existing APIs, has raised €1.2 million in pre-seed funding. The round is led by pan-European pre-seed and seed investor Seedcamp, with participation from New Wave, Kima, and various angel investors. Blobr is also […]
techcrunch - 1 day ago
‘Slow dating’ app Once is acquired by Dating Group for $18M as it seeks to expand its portfolio - techcrunch

‘Slow dating’ app Once is acquired by Dating Group for $18M as it seeks to expand its portfolio

Five-year-old ‘slow dating’ app Once has been acquired by the Dating Group, one of the largest companies in the dating world, for $18 million in cash and stock. Dating Group has 73 million registered users across a range of portfolio fatting apps including Dating.com. Clémentine Lalande, co-founder and CEO of Once, will continue leading the company […]
techcrunch - 1 day ago
Cloudflare introduces free digital waiting rooms for any organizations distributing COVID-19 vaccines - techcrunch

Cloudflare introduces free digital waiting rooms for any organizations distributing COVID-19 vaccines

Web infrastructure company Cloudflare is releasing a new tool today that aims to provide a way for health agencies and organizations globally tasked with rolling out COVID-19 vaccines to maintain a fair, equitable and transparent digital queue – completely free of charge. The company’s ‘Project Fair Shot’ initiative will make its new Cloudflare Waiting Room […]
techcrunch - 1 day ago
Apple reportedly planning thinner and lighter MacBook Air with MagSafe charging - techcrunch

Apple reportedly planning thinner and lighter MacBook Air with MagSafe charging

Apple is said to be working on a new version of the MacBook Air with a brand new physical case design that’s both thinner and lighter than its current offering, which was updated with Apple’s M1 chip late last year, per a new Bloomberg report. The plan is to release it as early as late […]
techcrunch - 1 day ago
Didi to subsidize trips for vaccinations with $10M fund - techcrunch

Didi to subsidize trips for vaccinations with $10M fund

As countries around the world prepare to vaccinate people against the coronavirus, tech companies are rushing to demonstrate their willingness to help fight the deadly virus. China’s ride-hailing leader Didi Chuxing is pledging a $10 million fund to support COVID-19 vaccination efforts in 13 markets outside its home country China, the company said on Friday. […]
techcrunch - 1 day ago
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techcrunch
Tokyo-based SODA, which runs Japan’s largest sneaker resell platform, lands $22 million led by SoftBank Ventures Asia

Tokyo-based SODA, which runs Japan’s largest sneaker resell platform, lands $22 million led by SoftBank Ventures Asia

techcrunch - 1 week ago

Tokyo-based SODA, which runs sneaker reselling platform SNKRDUNK, has raised a $22 million Series B led by SoftBank Ventures Asia. Investors also included basepartners, Colopl Next, THE GUILD and other strategic partners. Part of the funding will be used to expand into other Asian countries. Most of SNKRDUNKs transactions are within Japan now, but it plans to become a cross-border marketplace.

Along SODAs $3 million Series A last year, this brings the startups total funding so far to $25 million.

While the COVID-19 pandemic was initially expected to put a damper on the sneaker resell market, C2C marketplaces have actually seen their business increase. For example, StockX, one of the biggest sneaker resell platforms in the world (which hit a valuation of $2.8 billion after its recent Series E), said May and June 2020 were its biggest months for sales ever.

SNKRDUNKs sales also grew last year, and in December 2020, it recorded a 3,000% year-over-year increase in monthly gross merchandise value. Chief executive officer Yuta Uchiyama told TechCrunch this was because demand for sneakers remained high, while more people also started buying things online.

Launched in 2018, SNKRDUNK now has 2.5 million monthly users, which it says makes it the largest C2C sneaker marketplace in Japan. The Series B will allow it to speed up the pace of its international expansion, add more categories and expand its authentication facilities.

Like StockX and GOAT, SNKRDUNKs user fees cover authentication holds before sneakers are sent to buyers. The company partners with FAKE BUSTERS, an authentication service based in Japan, to check sneakers before they are sent to buyers.

In addition to its marketplace, SNKRDUNK also runs a sneaker news site and an online community.

SODA plans to work with other companies in SoftBank Venture Asias portfolio that develop AI-based tech to help automate its operations, including logistics, payment, customer service and counterfeit inspection.

sauce: techcrunch
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