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In Europe, Accel banks on a turnaround over the next six to nine months

  • Posted on May 4, 2023

In Europe, Accel banks on a turnaround over the next six to nine months

It’s been almost five years since this editor sat down with longtime VC Harry Nelis and three other investors from Accel’s London office to talk about the trends rippling through the venture industry. At the time,

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  • Posted on May 4, 2023

Delivering Memorable Customer Experience for All Age Groups With Digital Banking

During the pandemic, the ways we accessed and managed our money transformed. To be sure, in-person banking was dropping in popularity even before the start of the pandemic, while digital platforms were seeing a slow

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  • Posted on May 4, 2023

Investors cheer as Coinbase beats Q1 expectations

Today after the bell, Coinbase reported its Q1 2023 financial results, handily beating expectations. In the first three months of the year, the U.S. cryptocurrency exchange generated net revenues of $736 million, a

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  • Posted on May 4, 2023

Lyft shares tumble as investors react to dim outlook

Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial gains.  Shares

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  • Posted on May 4, 2023

iPhone sales help Apple beat revenue forecasts for Q2

Everyone knew this would be rough quarterly earnings report, but the question was just how rough. Facing broader economic headwinds and a slowing smartphone market, Apple reported its second straight quarterly sales

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  • Posted on May 4, 2023

Google celebrates Star Wars Day with a fun Grogu easter egg

Google is celebrating Star Wars Day with a special easter egg featuring Grogu, also known as Baby Yoda. When you type “Grogu” or “Baby Yoda” into the Google Search bar, the character will appear in the bottom right

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  • Posted on May 4, 2023

Daily Crunch: Shopify lays off 20% of staff and sells its logistics arm to Flexport

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Why, hello, Crunchers! We’re excited to tell you that today is Thursday! How

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  • Posted on May 4, 2023

How Shopify bungled its latest layoffs and made employees feel like NPCs

Shopify laid off 20% of its global workforce today – its second sizeable employee culling after a reduction of 10% announced last July. This latest downsizing also includes the wholesale divestment of an entire line

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  • Posted on May 4, 2023

Tesla brings back the long-range Model 3 with an 18% discount

After a nearly nine-month hiatus, Tesla has reopened orders for its long-range Model 3. The vehicle reappeared on the automaker’s website earlier this week with a steep price drop. It previously started at $57,990,

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  • Posted on May 4, 2023

Developers are building out the blockchain ecosystem in Barcelona

Welcome back to Chain Reaction. This week I’m writing the newsletter from the currently sunny and always beautiful city of Barcelona, Spain. I’m here for the Avalanche Summit II, which is hosted by Ava Labs, the

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