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TechCrunch Daily Crunch

Layoffs hit Lucid and Foursquare

TechCrunch Daily Crunch

SpokenLayer

Tech News, News, Technology

3.849 Ratings

🗓️ 25 May 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

Plus: Feds add nine more incidents to Waymo robotaxi investigation Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Chef Station.

0:07.0

You know folks, I'm all about working smarter, not harder.

0:13.0

Running a successful e-commerce business can be really convoluted and honestly you have enough going on so I want to introduce you guys to ship station.

0:21.6

I love using ship station because it makes it so

0:25.5

much easier to automate all my shipping tasks and I can manage all my orders in one

0:29.5

simple dashboard. Work less and ship more with Ship Station, the innovative tool that helps turn your

0:35.7

shipping challenges into opportunities for growth. Go to shipstation.com and use code

0:41.0

tech news to sign up for your free 60 day trial that's ship

0:44.9

station dot com code tech news. Layoffs hit lucid and four square to close the

0:50.6

week I remember I'm around shake and get ready because here's your daily

0:54.0

crunch for Saturday starting with three big headlines. Google's investing

0:59.3

nearly 350 million dollars in Flip Card becoming the latest high profile name to back the Walmart owned

1:06.1

Indian e-commerce startup.

1:08.2

The Android Maker will also provide Flipcart with cloud offerings as part of the deal, the Bengaluru

1:13.5

headquartered startup said in a brief statement Friday. The Google Investment is part of a

1:18.0

nearly $1 billion funding round that Flip Kart kicked off in 2023.

1:23.0

Walmart has led the round, having invested $600 million in it late last year.

1:27.7

Microsoft is also an investor in Flip Card.

1:30.4

Flip Card, valued at $36 billion in the new investment, leads the e-commerce market in India

1:36.0

where it serves hundreds of millions of consumers in smaller cities and towns.

1:40.3

The startup which also owns the fashion e-commerce startup Minra commands about 48% of the Indian e-commerce market, according to Bernstein.

1:49.0

Federal safety regulators have discovered nine more incidents that raise questions about the safety of Weymo self-driving vehicles operating in Phoenix and San Francisco.

...

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