Daily Crunch: 7 months after raising $1 billion, food delivery company Gorillas leaves four countries and lays off 300 people

- Advertisement -

To get a roundup of the most important and important TechCrunch stories to your inbox every day at 3:00 PM PDT, subscribe here.

- Advertisement -

It’s May 24, 2022 and today Amanda made us laugh with her “Welcome to hell, we all drive Teslas,” the subtitle to her story about Everything you wanted to know about Elon Musk and Twitter (but didn’t want to ask). Masterfully. — Hadje and Christine

TechCrunch Top 3

Startups and VK

- Advertisement -

It’s a bit absurd to alternate between covering $150 million rounds and layoff stories, but that’s life for startups. Firework just raised $150 million from Softbank and co. turn the streaming experience into an e-commerce opportunity, Christine reports.

In other climate news Tim reports that Singularity Energy Raises $4.5M Round for a SaaS platform that reports carbon emissions to the network.

- Advertisement -

Come on, a couple more:

Naveen Chadda of Mayfield: now I’m looking at the clouds from both sides

A small green frog sitting on a leaf takes shelter from the rain

Image credits: Muhammad Ridha/500px (Opens in a new window) / Getty Images

As Mayfield’s managing partner and three-time founder, Naveen Chadda has experienced two downturns.

“I’ve invested in over 60 companies, and while many have gone public or been acquired, the journey has included U-turns, near-death experiences, and getting through the 2008-2009 economic downturn.” he writes in a guest post on TC+.

“Every era is different, but here are some tips for our new normality.”

(TechCrunch+ is our membership program that helps founders and startup teams get ahead. You can register here.)

Big Tech Inc.

Your Walmart delivery may soon come from the sky if you live in certain states. The retail giant is set to expand its drone coverage to six states this year after expanding its partnership with DroneUp. Interestingly, the $4 shipping fee doesn’t deter people from choosing this delivery method, even if they just order the Hamburger Helper.

Among the countless Microsoft news today, we wanted to highlight this material about one of the newly updated Power Pages, which previously existed in Power Apps as a feature called Power Apps Portals. We know web design tools are a dime a dozen, but Microsoft is banking on integrating the product with other existing services like Visual Studio Code and GitHub.


  • An image of an animal is worth a thousand words: If you need a little cheer on a Tuesday, go to Devin’s OpenAi story that made us smile.
  • Bae-free for China: Airbnb said it would close its domestic business in China, where it has been since 2016, but alas, it only accounted for 1% of the company’s total business.
  • When hail, in Aaaafrikaaa: Uber drinks champagne after hitting 1 billion rides in Africa.
  • Sorry, Elon: A California judge has ruled that the sexual harassment lawsuit against Tesla will go to court, not the arbitration process the company requested.

Credit: techcrunch.com /

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox