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The TechCrunch Top 3 - Tata Group embraces e-commerce with super app: The Indian conglomerate known for its myriad businesses, among them software and telecom, gathered all of its properties together under one big hug, er, "super app" called Tata Neu, which launched today to give the company some e-commerce heft with offerings like grocery, electronics and hotels. We report that this has been in the works for at least three years and also includes a payment service for loans and insurance.
- Better.com layoff saga is no better: TechCrunch obtained a video leaked from a 12-minute meeting that took place with remaining employees after 900 of their colleagues were laid off in December. In it, CEO Vishal Garg admits that his lack of discipline may have caused the company to lose some $200 million, saying, "Today we acknowledge that we overhired, and hired the wrong people. And in doing that we failed. I failed. … We probably could have made more money last year and been leaner, meaner and hungrier."
- When you learn it's time to go public … cloud, that is: Enterprises have been migrating to the cloud for a while now. However, when public travel systems provider Amadeus saw the writing on the wall seven years ago, the company decided to embark on a journey that would turn out to be arduous, but put it on the road to operating more efficiently.
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| Because so many deep tech startups operate on the bleeding edge, founders in this space have a harder time raising funds, acquiring customers and reaching product-market fit. Many of these companies will stall out early because they never move from the pilot stage to a full-scale rollout. “This is a big, widespread, industry-specific problem,” says Champ Suthipongchai, co-founder and general partner at Creative Ventures. “While I don't presume to have a silver-bullet solution, I do know three ways deep tech founders can make sure their time in pilot purgatory ends in a rollout.” (TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.) Read More | |  Image Credits: Yinwei Liu / Getty Images | | |
Big Tech Inc. It's Major League Baseball's Opening Day, and while we ate our peanuts and Cracker Jack (which also has peanuts in it, but we digress), we saw some Big Tech companies hit it out of the park today. General Motors chose Opening Day to announce that the Bolt was back after a giant recall, while streaming services get their bats in a row to get live sporting events on their platforms. Speaking of streaming services, HBO Max's Apple TV app is getting an upgrade to address some of the performance problems users were seeing and to debut some new features, including a "binge mode" that lets you skip the end credits and start the next episode of a TV show. Spotify unveiled new features and functionalities for its "Car Thing" in-car entertainment system, like managing calls and the playing of music from other media. Meanwhile, TikTok again pushed back the opening of its first data center in the U.K., which will be in Dublin, citing a delayed timeline due to the global pandemic. We are almost full from all that eating, but here are a few more crumbs you might enjoy: | | | |
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