Dija, a new delivery startup from former Deliveroo employees, is closing in on a $20M round led by Blossom

Dija, a new U.K. based startup founded by senior former Deliveroo employees, is closing in on $20 million funding, TechCrunch has learned.

According to multiple sources, the round, which has yet to close, is being led by Blossom Capital, the early stage venture capital firm founded by ex-Index and LocalGlobe VC Ophelia Brown. It’s not clear who else is in the running, although I understand it was highly contested and the startup had offers from several top tier funds. Blossom Capital and Dija declined to comment.

Playing in the convenience store and delivery space, yet to launch Dija is founded by Alberto Menolascina and Yusuf Saban, who both spent a number of years at Deliveroo in senior positions.

Menolascina was previously Director of Corporate Strategy and Development at the takeout delivery behemoth and held several positions before that. He also co-founded Everli (formerly Supermercato24), the Instacart-styled grocery delivery company in Italy, and also worked at Just Eat.

Saban is the former Chief of Staff to CEO at Deliveroo and also worked at investment bank Morgan Stanley.

In other words, both are seasoned operators in food logistics, from startups to scales-ups. Both Menolascina and Saban were also instrumental in Deliveroo’s Series D, E, and F funding rounds.

Meanwhile, few details are public about Dija, except that it will offer convenience and fresh food delivery using a “dark” convenience store mode, seeing it build out hyper local fulfilment centers in urban high population areas for super quick delivery. It’s likely akin to Accel and Softbank-backed goPuff in the U.S. or perhaps startup Weezy in the U.K.

That said, the model is yet to be proven everywhere it’s been tried and will likely be a capital intensive race in which Dija is off to a good start. And, of course, with everybody making the shift to online groceries while in a pandemic, as ever, timing is everything.


Source: Tech Crunch

Splunk acquires network observability service Flowmill

Data platform Splunk continues to make acquisitions as it works to build out its recently launched observability platform. After acquiring Plumbr and Rigor last month, the company today announced that it has acquired Flowmill, a Palo Alto-based network observability startup. Flowmill focuses on helping its users find network performance issues in their cloud infrastructure in real time and measure their traffic by service to help them control cost.

Like so many other companies in this space now, Flowmill utilizes eBPF, the Linux kernel’s relatively new capability to run sandboxed code inside it without having to change the kernel or load kernel modules. That makes it ideal for monitoring applications.

“Observability technology is rapidly increasing in both sophistication and ability to help organizations revolutionize how they monitor their infrastructure and applications. Flowmill’s innovative NPM solution provides real-time observability into network behavior and performance of distributed cloud applications, leveraging extended Berkeley Packet Filter (eBPF) technologies,” said Tim Tully, Splunk’s chief technology officer. “We’re excited to bring Flowmill’s visionary NPM technology into our Observability Suite as Splunk continues to deliver best-in-class observability capabilities to our customers.”

While Spunk has made some larger acquisitions, including its $1.05 billion purchase of SignalFx, it’s building out its observability platform by picking up small startups that offer very specific capabilities. It could probably build all of these features in-house, but the company clearly believes that it has to move fast to get a foothold in this growing market as enterprises look for new observability tools as they modernize their tech stacks.

“Flowmill’s approach to building systems that support full-fidelity, real-time, high-cardinality ingestions and analysis aligns well with Splunk’s vision for observability,” said Flowmill CEO Jonathan Perry. “We’re thrilled to join Splunk and bring eBPF, next-generation NPM to the Splunk Observability Suite.”

The companies didn’t disclose the purchase price, but Flowmill previously raised funding from Amplify, Felicis Ventures, WestWave Capital and UpWest.


Source: Tech Crunch

The downfall of ad tech means the trust economy is here

2020 has brought about much-needed social movements. In June, activists launched the Stop Hate for Profit campaign, a call to hold social media companies like Facebook accountable for the hate happening on their platforms.

The idea was to pull advertising spending to wake these social platforms up. More than 1,200 businesses and nonprofits joined the movement, including brands such as The North Face, Patagonia and Verizon. I led my company, Cheetah Digital, to join alongside some of our clients like Starbucks and VF Corp.

Stop Hate for Profit highlighted social media hitting its tipping point. Twitter and Snapchat chose to stand up against hate speech, banning political ads and taking action to flag misinformation. Facebook, unfortunately, has not yet been as proactive, or at best it’s been sporadic in its response.

While many thought the movement would come and go, the reality is it has only just begun. With America conducting arguably its most divisive election in history, these problems won’t just go away. For marketers, Stop Hate for Profit is more than a social movement — it is pointing to an issue with ad tech as a whole.

I believe we are seeing the downfall of ad tech as we know it with social media boycotts and data privacy leading the charge.

The social media quagmire

In May, Forrester released a report titled “It’s OK to Break Up with Social Media” that contained statistics indicating that consumers are fed up with social media: 70% of respondents said they don’t trust social media platforms with their data. Only 14% of consumers believe the information they read on social media is trustworthy. 37% of online adults in the U.S. believe social media does more harm than good.

Here is the reality we need to get back to: Social media isn’t built for marketers to reach consumers. In the beginning of the social media craze, brands rushed to get on board and join the conversations. What many brands discovered is these channels became a platform for customer complaints not for building positive brand perception. Furthermore, the social platforms marketers flocked to as an avenue to reach customers began charging marketers just to get to the customers.

The algorithms that define what content you see unfortunately make it harder for people to see opposing views, and this more than anything else polarizes society further. If you start looking at QAnon content, very soon that’s all the algorithms feed you. You might spend more time on social platforms fueling their ad dollars, but you have also lost a grip on reality. Marketers must admit things have gone too far on social media and it is okay to move on.

Privacy matters

Imagine you are in need of a minor surgery. Perhaps you take an Uber ride to the specialist for a consultation. Next, you go get the surgery and it is successful. Soon you find yourself at home recovering and all is well. That is, until you start scrolling Facebook. Suddenly advertisements pop up for medical malpractice lawyers, but you haven’t told anyone about the surgery and you certainly didn’t post about it on social media.

Here you are, just wanting to rest and recover at home, but instead you are being bombarded by advertisements. So how did those ads get there? You left a digital footprint, your data was sold and now you’re being hit with intrusive ads. To me, this story crystallizes the abuse ad tech has been fostering in the world around us. There’s an utter invasion of privacy and consumers aren’t blind to it.

Data privacy has been a focus of conversation for marketers for several years now. Just this year, America saw the California Consumer Privacy Act (CCPA) go into effect and become enforceable. This legislation gives back control of data to the consumer. In June, Apple announced updates to make it harder for apps and publishers to track location data and use it for ad targeting. At the beginning of August, Meredith and Kroger announced a partnership to provide first-party sales data for advertising efforts in an attempt to move off of cookies. It is clear data privacy is not a fad going away anytime soon.

Where do marketers go from here?

I believe the future of marketing is the trust economy. The Stop Hate for Profit campaign, the invasion of privacy and shifting attitudes and behaviors of consumers point to the end of an era where marketers relied upon third-party data. Trust is now the most impactful economic power, not data. We conducted research earlier this year with eConsultancy, and our findings revealed that 39% of U.S. consumers don’t like personal ads driven from cookie data. People don’t want to be tracked and targeted as they click around the web. Ad tech’s roof is caving in and marketers must adjust.

The old methods of marketing won’t carry you through into the era of the trust economy. It is time to look to new channels and revisit old channels. We have to shift back to the channels where we own what is being said. Advertising on social platforms should be focused on driving consumers to owned channels where you can capture their permissions and data to connect with them directly. Consider email as a channel to focus on.

Don’t worry — it works. That same eConsultancy report found nearly three out of four consumers made a purchase in the last 12 months from an email sent by a brand or retailer and massively outperformed social ads when it came to driving sales. Similarly nine times as many U.S. consumers want to increase their participation in loyalty programs in 2020 than those that want to reduce their involvement. You have to ensure you are owning your data and loyalty programs are a treasure trove of consumer data you own. Emily Collins from Forrester does a good job of explaining why you can achieve this with a true loyalty strategy, not just a rewards program.

Your goal should be to build direct connections to consumers. Building trust means offering a value exchange for data and engagement, not going and buying it from a third-party. Fatemah Khatibloo, a principal analyst for Forrester wrote, “Zero-party data is that which a customer intentionally and proactively shares with a brand. It can include purchase intentions, personal context, and how the individual wants the brand to recognize her.” This zero-party data is foundational for the trust economy and you should check out her advice on how it helps you navigate privacy and personalization.

Take responsibility

The trust economy is really about asking yourself, as a marketer, what you stand for. How do you view your relationship with consumers? Do you care? What kind of relationship do you want? Privacy has to be part of this. Accountability is crucial. We must be accountable to where we are putting our money. It’s time to stop supporting hate, propping up the worst of society and fueling division. Start taking responsibility, caring about social issues and building meaningful relationships with consumers built on trust.


Source: Tech Crunch

7 things we just learned about Sequoia’s European expansion plans

Sequoia Capital, the renowned Silicon Valley venture capital firm that has backed companies like Apple, Google, Dropbox, Airbnb and Stripe, recently disclosed that it had opened its first office in Europe. To staff up, it hired partner Luciana Lixandru away from rival Accel Partners.

Even without an official European presence, Sequoia has quietly operated in the region for more than a decade, first investing in Klarna in 2010. Other Europe-founded companies in its portfolio include Baaima, CEGX, Charlotte Tilbury, Dashlane, Evervault, FON Wireless, Front, Graphcore, Mapillary, Metaswitch Networks, n8n, Remote, Skyscanner, Songkick, Tessian, Tourlane, UiPath, Unity and 6Winderkinder (Wunderlist).

Yet, it is only now that the VC firm is putting people on the ground here in Europe, starting with an office in London that has a remit to invest across the continent.

Working alongside Lixandru is junior investor George Robson, who joined from Revolut. Most recently, Sequoia recruited Zoe Jervier Hewitt from EQT as head of talent in Europe. And finally, Matt Miller, a Sequoia U.S. veteran, is also part of the European efforts and plans to relocate next year, while I also understand that Sequoia’s Doug Leone will be spending a lot of his time in Europe.

Last week at the virtual “Node by Slush” event, I interviewed Lixandru and Miller and teased out some important details about Sequoia’s plans.

1. Sequoia now believes Europe is producing market leaders ahead of Silicon Valley

“There has been this evolution and maturity of the tech ecosystem that has been really meaningful, that has attracted us to want to put down boots on the ground and be more invested in Europe than ever before,” said Sequoia partner Matt Miller.

“One change is in the attitudes of young people. Europe has always been this place where there’s been incredible talent coming out of the computer science programs, across the universities across the continent and the U.K., and these young people previously, were going into careers in investment banking and consulting are bigger conglomerates. And now that those young people are interested in startups and technology careers, that’s fueling a lot of great ideas and a lot of great talent.

“There was a long time this question of, when will there be a $10 billion plus startup, and now there’s multiple of them across the continent. And now the question has really changed: When will there be the next hundred billion dollar startup in Europe, and I think it’s just an evolution over time.

“We find ourselves getting pulled more and more. So when … we want to invest in the best AI semiconductor company in the world, we looked at them in China, Israel and Europe. And the one we wanted to invest in was Graphcore, in Bristol [in the U.K.]. And when we looked … [to] invest in the best process automation company in the world, we looked at automation anywhere in California … and we looked at companies all over the world, and the one we wanted to invest in was UiPath in Romania. And that is increasingly becoming the case.”

“To some extent, success breeds success, too,” said Lixandru. “I think role models are really powerful. And the fact that there have been these category-leading companies created out of Europe, but that are winning on a global scale, like Spotify, Adyen and UiPath … I think that’s really inspirational to the next generation of founders. And I think that has helped a lot.”

2. The firm will make investments out of the same fund as the U.S. and Canada

“We work as one partnership across two geographies, and we invest from the same pool of capital across both geographies,” explained Lixandru. “And the rationale behind that is exactly what Max talked about. We want to be able to partner with category leading companies, and if they start in Paris, or in Stockholm, or in San Francisco, for us, it does not make a difference. We want to partner with them early. And we want to be able to help them on the ground early … whether they start here in Europe or in the U.S.”

Related to this, Sequoia will share carry — the fund’s profits — with partners across the U.S. and Europe, regardless of where partners reside or where the deal was sourced.

“One of the things that I love the most about Sequoia having been here close to nine years now is the way that we operate is very, very team centric, and that everybody is compensated the same amount in a fund, whether or not it is the investment that they lead or the investment that their partner led,” said Miller. “So when we make an investment, we lock arms together as a team, and we work collectively to help that company be successful.”

Miller said portfolio companies in Europe also get to work with Sequoia’s operational supporting partners in the U.S., too. “And the economic model is one that supports that,” he said.

3. Sequoia will continue building out a team on the ground in Europe


Source: Tech Crunch

Gift Guide: Which next-gen console is the one your kid wants?

This holiday season the next generation of gamers, bless their hearts, will be hoping to receive the next generation of gaming consoles. But confusing branding by the console makers — not to mention a major shortage of consoles — could lead to disappointment during the unwrapping process. Before making any big promises this year, you’ll want to be completely clear on two things: which console you’re actually trying to get, and how much of a challenge it might be to get one.

By the way, it’s totally understandable if you’re a little lost — particularly on Microsoft’s end, the branding is a little weird this time around. Even the lifelong gamers on our staff have mixed up the various Xbox names a few times.

If you’re not 100% sure which brand of console your kid (or partner or whoever) has, go take a look right now. An Xbox will have a big X somewhere on a side without cables coming out of it, and a PS4 will have a subtler “PS” symbol embossed on it. The “Pro” has three “layers” and the regular one has two.

Okay, now that you know what you’ve got, here are the new versions that they want:

Sony PlayStation 5

The PlayStation 5, or PS5 for short, is the newest gaming console from Sony. It’s the one your kids want if they already have a PlayStation 4 or even a PlayStation 4 Pro, which they might have gotten a year or two back.

The PS5 is more powerful than the PS4, but it also plays most PS4 games, so you don’t need to worry about a game you just bought for a birthday or whatever. It has some fancy new features for fancy new TVs, but you don’t need to worry about that — the improved performance is the main draw.

There are two versions of the PS5, and the only real difference between them is that one has a disc drive for playing disc-based games; they both come with a controller and are about the same size. The one with the drive costs $500, and is the one you should choose if you’re not completely certain the recipient would prefer the driveless “Digital Edition.” Saving $100 up front is enticing, but consider that some titles for this generation will cost $70, so the capability to buy used games at half price might pay for itself pretty quickly.

The PS5 doesn’t come with any “real” next-generation games, and the selection this season is going to be pretty slim. But your best bet for pretty much any gamer is Spider-Man: Miles Morales. I’ve played it and its predecessor — which Miles Morales comes with — and it’s going to be the one everyone wants right off the bat. (Its violence is pretty PG, like the movies.)

The PS4’s controllers sadly won’t work on PS5 games. But don’t worry about getting any extra ones or charging stands or whatnot right now, unless your gamer plays a lot of games with other people on the couch already.

Microsoft Xbox Series X

The Xbox Series X is the latest gaming console from Microsoft, replacing the Xbox One X and One S. Yes, the practice of changing the middle word instead of the last initial is difficult to understand, and it will be the reason lots of kids unwrap last year’s new console instead of this year’s.

The Xbox Series X is more powerful than the Xbox One X, but should also play almost all the old games, so if you bought something recently, don’t worry that it won’t be compatible. There are lots of fancy-sounding new features, but you don’t need to worry about those or buy them separately — stuff like HDR and 4K all depend on your TV, but any TV from the last few years will look great.

There are two versions of the next Xbox, and they have significant differences. The $500 Xbox Series X is the “real” version, with a disc drive for old and used games, and all the power-ups Microsoft has advertised. This one is almost certainly the one any gamer will be expecting and hoping to get.

Like Sony, Microsoft has a version of the Xbox that has no disc drive: the $300 Xbox Series S. Confusingly, this is the same price, same color, and nearly the same name and type of console as last generation’s Xbox One S, so first of all be sure you’re not buying the One. The Xbox Series S is definitely “next-gen,” but has a bit less power than the Series X, and so will have a few compromises in addition to the lack of a drive. It’s not recommended you get this one unless you know what you’re doing or really need that $200 (understandable).

For a day-one game, there isn’t really a big must-have exclusive. Assassin’s Creed: Valhalla is probably a good bet, though, if bloody violence is okay. If not, honestly a gift certificate or subscription to the “Game Pass” service that provides free games is fine.

No need for extra controllers — the Xbox Series X supports the last-gen’s controllers. Genuine thanks to Microsoft for that one.

Difficulty level: Holiday 2020

A PS5 and controller.

Image Credits: Devin Coldewey / TechCrunch

Now that you know which console to get (again… a PlayStation 5 or an Xbox Series X), I’ve got some bad news and some good news.

The bad news is they’re probably (read: definitely) going to be sold out. Microsoft and Sony are pumping these things out as fast as they can, but the truth is they really rushed this launch to make it in time for the holidays and won’t have enough to go around.

Resist the urge to buy the “next best” in last year’s model — the new ones are a major change and are replacements, not just upgrades, for the old ones. It would literally be better for a kid to receive a pre-order receipt for a new console than a brand new old one. And don’t go wild trying to find one on eBay or whatever — this is going to be a very scammy season and it’s better to avoid that scene entirely.

The pandemic also means you probably can’t or won’t want to wait in line all night to grab a unit in person. Getting a console will almost certainly involve spending a good amount of time on the websites of the major retailers… and a good bit of luck.  Follow electronics and gaming shops on Twitter and bookmark the consoles’ pages to check for availability regularly, but expect each shipment to be sold out within a minute or two and for the retailer’s website to crash every single time.

Don’t buy them a Nintendo Switch, either, unless they’ve asked for one of course. The Switch is fantastic, but it’s completely different from the consoles above.

The good news is they won’t be missing out on much right now. Almost every game worth having for the next year will be available on the new and old consoles, and in some cases players may be able to start their game on one and continue it on the next. Good luck figuring out exactly which games will be enhanced, upgraded, or otherwise carried between generations (it’s a patchwork mess), but any of the hot new games is a good bet.

Good luck!

 

 


Source: Tech Crunch

Despite pandemic, forecasts predict U.S. online holiday sales increase of 20%-30% or more

Strong e-commerce sales are predicted to help lift overall holiday retail spending in the U.S., according to forecasts released today by the National Retail Federation (NRF) and eMarketer. Both firms expect to see overall retail sales growth during November and December, though the market may be impacted by slowing brick-and-mortar sales.

Of the two, NRF had the more optimistic forecast. It estimates U.S. holiday sales during November and December will increase between 3.6% and 5.2% year-over-year, for a total between $755.3 billion and $766.7 billion. That’s compared with a 4% increase in 2019 to $729.1 billion, and an average of a 3.5% increase over the past five years.

Image Credits: NRF

Growth will come from online and other non-store sales, which are included in the total, which will increase between 20% and 30% to reach between $202.5 billion and $218.4 billion. That’s up from $168.7 billion last year.

NRF’s takeaway is that consumers are willing to spend — perhaps because of the challenging year that 2020 has been, rather than despite it.

“After all they’ve been through, we think there’s going to be a psychological factor that they owe it to themselves and their families to have a better-than-normal holiday,” noted NRF Chief Economist Jack Kleinhenz. “There are risks to the economy if the virus continues to spread, but as long as consumers remain confident and upbeat, they will spend for the holiday season,” he added.

The firm also noted Americans may have reduced their spending in other categories, like personal services, travel and entertainment due to the pandemic, which could increase the money they have for retail spending.

eMarketer, on the other hand, paints a less rosy picture when it comes to overall sales.

The firm predicts that total holiday season retail sales will see the lowest growth rate at just 0.9% year-over-year. This growth will come from the e-commerce sector, which will see its highest growth rate — 35.8% — since the firm began tracking retail sales in 2008. Brick-and-mortar sales, on the other hand, will decline 4.7%.

The discrepancy between these two firms’ estimates have to do with how they calculate “retail sales.”

eMarketer’s estimates include auto and gasoline sales, but exclude restaurants, travel, and event sales. NRF’s figures, on the other hand, exclude auto, gasoline and restaurants.

However, both agree on an e-commerce surge. NRF notes online sales were already up 36.7% year-over-year in the third quarter — in part, due to early holiday shopping. This year, some 42% of consumers had started shopping earlier than usual, it recently found. Plus, retail sales were up 10.6% in October 2020 versus October 2019, in aggregate, its forecast noted.

But whether it’s 20% to 30% growth or 35.8%, depending on the firm, it’s clear e-commerce is saving the day here.

NRF also expects seasonal hiring to be in line with recent years, as retailers hire between 475,000 and 575,000 seasonal workers compared with 562,000 in 2019. Some of that hiring may have already taken place in October, due to early shopping, it said.

Though Black Friday may not see the same levels of in-person shopping as in years past, brick-and-mortar retailers have made it easier to shop digitally, then either have items shipped home, picked up in-store, or even curbside. Outside of Amazon, Walmart and Target have particularly benefited from investments in e-commerce, as both retailers easily beat Wall St. expectations in their latest earnings reports, released just ahead of the holiday quarter.

Online, however, Cyber Monday will continue to rule, however, eMarketer says.

Image Credits: eMarketer

Of the five big online shopping days in 2020, eMarketer says Cyber Monday will again beat out Black Friday in terms of overall e-commerce sales, at $12.89 billion compared with Black Friday’s $10.20 billion. But Thanksgiving Day will see the most year-over-year growth in e-commerce sales, at 49.5%, followed by Black Friday, Small Business Saturday, Cyber Sunday and Cyber Monday.

Image Credits: eMarketer

In a mobile forecast, analytics firm App Annie predicted Americans would spend over 110 million hours in shopping apps on Android devices during the two-week period consisting of Black Friday and Cyber Monday weeks. It noted the pandemic had already accelerated mobile device usage to 4 hours, 20 minutes per day, and Americans spent over 61 million hours shopping during the week of Prime Day.


Source: Tech Crunch

Netflix says ‘The Queen’s Gambit’ is setting viewership records

“The Queen’s Gambit” is setting viewership records at Netflix, the streaming service said today.

Like all the viewership data that Netflix has released this year, these new numbers reflect how many people “chose to watch” — in other words, how many people watched at least two minutes of a given show or movie. In the case of “The Queen’s Gambit,” the number is 62 million households for the first 28 days of release, making it Netflix’s most popular scripted limited series ever.

You may have noticed some qualifiers there. “The Queen’s Gambit” beat out other limited series, like co-creator Scott Frank’s previous show “Godless,” but not Netflix’s biggest ongoing hits, such as “The Witcher” (76 million households watching season one). It also fell just a bit short of the limited-but-unscripted documentary series “Tiger King,” which reached 64 million households during its first four weeks.

The numbers are still pretty impressive for a series with what seems like a decidedly uncommercial premise — following a troubled young woman as she rises through the ranks of competitive chess, eventually challenging the Soviet Union’s world champion. But the series has benefited from excellent reviews (100% on Rotten Tomatoes) and the fact that it’s very, very good.

Indeed, its impact can be seen outside Netflix’s viewing numbers. The 37-year-old Walter Tevis novel on which it’s based has become a New York Times bestseller, while sales of chess sets have increased dramatically.

“Three years ago when Scott Frank … first approached us about adapting ‘The Queen’s Gambit’ — Walter Tevis’ 1983 book about a young chess prodigy — we felt it was a compelling tale,” Netflix’s vice president for original series Peter Friedlander wrote in a blog post. “Beth is an underdog who faces addiction, loss and abandonment. Her success — against the odds — speaks to the importance of perseverance, family, and finding, and staying true to yourself.”

 


Source: Tech Crunch

Original Content podcast: ‘The Crown’ introduces its Princess Diana

“The Crown,” Netflix’s lavish historical drama about the reign of Queen Elizabeth II, has returned for a fourth season that focuses on Elizabeth’s relationship with Prime Minister Margaret Thatcher, and on Prince Charles’ troubled marriage to Diana, Princess of Wales.

We’ve had conflicting opinions about the show’s past seasons, and the new season hasn’t exactly settled those disagreements, as we explain on the latest episode of the Original Content podcast.

Anthony and (especially) Jordan remain fans of the show, and they found season four to be particularly compelling. Yes, the monarchy is a little ridiculous and “The Crown” does have a tendency to simplify real-world events, but its retelling of the Charles-Diana relationship is heartbreaking, and it also takes the time to show some of the damage wrought by Thatcher’s policies.

Darrell, on the other hand, remains a skeptic, with little patience for all the attention paid to the royal family. He was particularly exasperated by the show’s deviation from historical reality, and by performances (particularly Gillian Anderson as Thatcher) that felt more like cheesy, “Saturday Night Live”-style imitations.

In addition to reviewing the show, we also discuss this week’s announcement that “Wonder Woman 1984” will be premiering in both theaters and on HBO Max on December 25.

You can listen to our review in the player below, subscribe using Apple Podcasts or find us in your podcast player of choice. If you like the show, please let us know by leaving a review on Apple. You can also follow us on Twitter or send us feedback directly. (Or suggest shows and movies for us to review!)

If you’d like to skip ahead, here’s how the episode breaks down:
0:00 Intro
0:30 “Wonder Woman 1984” discussion
10:45 “The Crown” Season 4 review (mild spoilers)


Source: Tech Crunch

WhiteHat Jr’s founder files $2.6M defamation suit against critic

Karan Bajaj, an Indian entrepreneur who teaches meditation and in his recent book invites others to live a life away from the noise, is going after the most vocal critic of his startup.

Bajaj, founder of coding platform aimed at kids WhiteHat Jr, has filed a defamation case against Pradeep Poonia, an engineer who has publicly criticized the firm for its marketing tactics, the quality of the courses on the platform, and aggressive takedowns of such feedback.

In the lawsuit — in which Bajaj is seeking $2.6 million in damages — Poonia has been accused of infringing trademarks and copyright of properties owned by WhiteHat Jr, defaming and spreading misleading information about the startup and its founder, and accessing the company’s private communications app.

The lawsuit also accuses Poonia of publicly sharing phone numbers of WhiteHat Jr employees and making strong accusations such as likening the startup’s marketing tactics to “child sexual abuse.”

But the lawsuit, riddled with spelling and grammatical errors, is also indicative of just how little criticism WhiteHat Jr, owned by India’s second most valuable startup Byju’s, is willing to accept.

According to internal posts of a Slack channel of WhiteHat Jr shared by Poonia, the startup has aggressively used copyright protection to take down numerous unflattering feedback about the startup in recent months.

The suit also raises concern with Poonia accusing WhiteHat Jr of “murdering” an imaginary kid that featured in one of its earlier ads.

A 12-year-old child named “Wolf Gupta” appeared in earlier ads of WhiteHat Jr, which claimed that the kid had landed a lucrative job at Google. The kid does not exist, the lawyers of Bajaj say in the suit. Ironically that was also the point Poonia, who spent a long time trying to find more information about this kid, was making in his tweets.

Further reading: 

Rage against the machine: behind Byju’s swift silencing of dissent (The Ken)

India’s WhiteHat Jr is startup hell (The Morning Context)

WhiteHat Jr and the curious case of disappearing dissent (Forbes India)

Advertising body asks WhiteHat Jr to pull down ads (Forbes India)


Source: Tech Crunch

Week in Review: Venture-backed loneliness

Hello everyone and welcome back to Week in Review! Natasha here, subbing in for Lucas while he’s out. This week, we’ll talk about loneliness raising money and how Zoom fatigue is fueling innovation.

For everyone celebrating, happy holidays! Keep on the lookout next week for more festive content, including the launch of our annual TechCrunch Gift Guides.

If you’re reading this on TechCrunch, you can sign up to get this in your inbox.

The big story

Over the last month, I spent time working out of virtual HQs. Dozens of founders are using spatial technology and gamification to create online worlds. Consumers are invited to congregate and create some of the spontaneity of in-person events, such as the work day or weddings. Founders are testing if the metaverse can be brought into the mainstream. After tossing a few succulents around myself, I was impressed (especially as a non-gamer) over how intuitive the platform felt. It feels special to bump into someone in 2020.

You can read more of my story here, which includes a demo video and pictures to give you a feel for the space. For today, though, I want to talk about what I think the rise of virtual HQs is not-so-subtly telling us.

Founders are trying to disrupt loneliness in this chapter of the coronavirus pandemic. There’s a shift in what the technology at its core is trying to fix, and it’s a little dynamic called Zoom fatigue.

For example, in March, we saw startups race to try to bring remote work to the masses. Now, in November, we’re seeing startups race to fix the broken, fatigued world of remote work.

The issue here, I think, is that founders are trying to innovate a solution to a lack of spontaneity and togetherness in our lives. Spontaneity, by definition, cannot be forced. And the community will always feel different in person. These inherent clashes make us, or at least me, question what technology’s constraints are. That said, virtual event platform Hopin and its $2 billion valuation shuts me right up.

Still, as we see startups chase to fix the next big pain point that everyone can agree on, it will be important to track what’s a venture-backable problem, and what’s a more existential one.

The round up

A White House in transition 

It’s been a busy week for a shifting White House and big tech. President Trump fired U.S. cybersecurity official Chris Krebs for debunking false election claims. Meanwhile, two platforms that have fed fires of misinformation, Facebook and Twitter, had yet another testimony in front of Congress. Big tech will likely continue to face backlash when the Biden Administration takes lead, especially when it comes to antitrust regulation. However, it’s not all bad news for tech: President-elect Joe Biden’s infrastructure plan and tech-friendly transition team could help out startups. More here.

The race for a COVID-19 vaccine

This week, Pfizer and BioNTech sought emergency approval from the U.S. Food and Drug Administration for its COVID-19 vaccine, which is 95% effective. The news follows Moderna’s report that its vaccine is 94.5% effective. While proposed approval could get vaccines in the hands of high-risk populations, wide-spread vaccines likely won’t be available until 2021. Keep reading here.

Apple’s latest Intel

As my colleague Brian Heater puts it, “every refresh can’t be a revolution” in hardware product updates. That said, Apple’s latest trio of Macs has impressed. We have reviews on the Mac mini, Macbook Air, and MacBook Pro. Notably, the line is powered by Mac’s in-house microchips, pushing an effort that has been in the works since 2008. It’s a win for Apple, and loss for Intel, which had until now been powering Macs. Still, Intel seems to be taking its break-up with Apple alright, since announcing its own white-label laptop.

TC: Sessions Space is approaching fast

NASA and SpaceX successfully launched four astronauts — and a special guest — into space for their first operational Dragon Crew Mission. History has been made – which makes our upcoming event even more exciting and timely. This year, TechCrunch is hosting its first-ever dedicated space event on December 16 and 17. The TC: Sessions Space agenda is packed, and includes fireside chats with the head of the US Space Force, NASA executives and more. Get your tickets now.

Other stories

Thanks for reading,

Natasha

 

 


Source: Tech Crunch