Praktis lands $20M to help Indonesian D2C brands handle their supply chains

Small to medium-sized enterprises contribute 60% of Indonesia’s gross domestic product. But companies in the D2C space still struggle to compete against bigger brands. Praktis wants to put them... Read more »

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... Read more »

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... Read more »

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... Read more »

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... Read more »

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... Read more »

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... Read more »

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.... Read more »

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,... Read more »

Nothing Phone (2): Release Date, Design, & All Confirmed Details

OnePlus co-founder Carl Pei’s popular brand Nothing would soon introduce its next smartphone from the main lineup, which would be called Nothing Phone (2). And this information hasn’t come... Read more »
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