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Hello. welcome to your thursday That is, the day his CEO of TikTok attended Congress. Our team has worked hard all day to keep up with everything that’s going on there, and you can read about their hard work in the Big Tech section. — Christine and Haje
TechCrunch Top 3
- more layoffs: Layoffs affecting the tech industry are now spilling over to companies serving the tech industry. Accenture announced today that it will cut 19,000 jobs. mannish report. That’s about 2.5% of our global workforce, but it’s still a staggering number.
- Dogwon in custody: Law enforcement seems to have caught up with Terra creator Do Kwon, who was reportedly arrested at an airport in Montenegro. Jacqueline I am writing. You may recall that Kwon is under investigation in South Korea after his Terra/LUNA demise, which wiped nearly $40 billion from the cryptocurrency market. Kwon’s whereabouts have been unknown since September, even though he said he was cooperating with law enforcement.
- excuse not to go to the mall: DoorDash users can now order from Lush Cosmetics, Victoria’s Secret, and Party City. The delivery giant has also added some new shopping features, such as search optimization. Aisha There are more.
Startups and VC
At first glance, Boston Dynamics would be an odd fit for a show like ProMat, Brian I am writing. For decades, the company has presented the world with a flashy image.From the snow-traversing Big Dog to the parkour-performing Atlas, the company is best known for its robotic highlight reels. It turns out that we are facing one of the biggest challenges ever. run the robot in the form of commercialization.
Danish climate tech startup Lun Helping heat pump installers decarbonize their homes and fast, Natasha L. Starting with the heating system, we are replacing the boiler with an electric heat pump.
Robots, heat pumps and 5 other tech news articles.
4 Indian investors explain how their investment strategies have changed in 2021 and beyond
Image credit: mitreaser (opens in new window) / Getty Images
In the latest survey, TechCrunch reporter Jagmeet Singh asked four Indian investors how their jobs have changed since the global tech recession began.
Venture capital funding in the region has “dried up in late 2022,” so he asked about the current pace of deals, investment trends they’re eyeing, and how founders can reach them.
- GV Ravishankar, Managing Director Sequoia India
- Ashutosh Sharma, Head of Investments in India, Prosus Ventures
- Vaibhav Domkundwar, CEO and Founder of Better Capital
- Roopan Aulakh, Managing Director, Pi Ventures
And, of course, three more from the TC+ team are joining us today.
TechCrunch+ is a membership program that keeps founders and startup teams a step ahead. You can sign up hereUse code ‘DC’ and get 15% off your annual subscription!
Big Tech Co., Ltd.
The big news today was clearly TikTok. Our colleagues cared about everything from congressional hearings to who would benefit if a U.S. ban went into effect. Find new developments here.
Here are six non-TikTok stories.
