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Daily Crunch: Amazon says OEMs won’t build their smart TVs due to ‘concern that Google would retaliate’

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Christine is in an airport lounge and Haje is perched on the corner of a cafe bench, as the TechCrunch team is in transit post-Disrupt today. We miss our work besties already (💯) and are hung over (metaphorically and literally) from an overabundance of wonderfulness this week. Enjoy Daily Crunch, and see y’all next week!

Oh, and we know we mentioned this yesterday, but a good thing deserves to be repeated: A huge congrats to Minerva Lithium and their $100,000 Startup Battlefield win! — Christine and Haje

The TechCrunch Top 3

  • Holding back: Manish has some news from Amazon, which is saying that some hardware vendors are choosing not to form television partnership agreements with the delivery giant over fear of retaliation from Google.
  • Get ready for a price hike: YouTube Premium is planning to raise prices — by $5 in some cases — for subscription plans in more countries, including the U.S., the U.K., Canada and Argentina, Ivan reports.
  • What goes up must come down: Another one by our fabulous colleague Manish, who reports that shares of the Indian logistics company fell to an “all-time low” after reporting a not-so-svelte growth report.

Startups and VC

Draymond Green, the two-time Olympic gold medalist and professional basketball player for the Golden State Warriors, says he’s working with well-known investors involved in the tech space. That wasn’t a massive secret — Green has historically been quite public about his investments, like SmileDirectClub — but until TechCrunch Disrupt, he hadn’t previously named his go-to investing partners, nor made explicit that he’s not planning to start a fund himself, Kyle reports. You can see all of Draymond’s chat (including some interesting conversation about that video that’s been floating about) with Brian.

When Parker Conrad founded Rippling in 2016, the HR company initially focused on the process of onboarding employees. It has since evolved, Mary Ann reports. Yesterday, at TechCrunch Disrupt, Rippling unveiled what Conrad describes as the “biggest launch” of his career — its new global payroll product.

You know the drill — five more, count ’em! No, seriously, count ’em. We’re very tired today and may have miscounted.

Dear Sophie: How can I launch a startup while on OPT?

lone figure at entrance to maze hedge that has an American flag at the center
Image Credits: Bryce Durbin/TechCrunch

Dear Sophie,

I’m an international student in the U.S. in F-1 status. I will graduate with a bachelor’s degree in computer science this May and plan to apply for OPT. I want to launch a startup.

Can I do that with OPT? What options would I have after OPT to continue growing my company?

— Forward-Looking Founder

Dear Sophie: How can I launch a startup while on OPT?

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

What do you say to the company that has nearly everything? Well, Google doesn’t think it has everything when it comes to its presence in India and had some choice words for some of the country’s regulators. In response to yesterday’s $162 million fine, Google fired back at India’s competition regulators, saying that the order is a “major setback for Indian consumers and businesses” and that it “opens serious security risks for Indians who trust Android’s security features.” Manish has more.

We also can’t ignore this juicy piece of…💩that came in yesterday. With Elon Musk’s deal to acquire Twitter now seemingly approaching the end, Taylor reports that layoffs at the social media giant might now be larger than originally expected. She writes that cuts at Twitter could be up to 75%. For those counting at home, that is like 5,600 people. Not cool.

And we have four more for you:

More TechCrunch

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Pinterest announced today that it is evolving its Creator Inclusion Fund.  Pinterest teamed up with Shopify’s Build Black & Narrative program to allow small business owners from or who serve…

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Lux, the startup behind popular pro photography app Halide and others, is venturing into video with its latest app launch. On Wednesday, the company announced Kino, a new video capture app…

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Microsoft’s Copilot, a generative AI-powered tool that can generate text as well as answer specific questions, is now available as an in-app chatbot on Telegram, the instant messaging app.  Currently…

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HBO’s new documentary, “MoviePass, MovieCrash,” tells a story that many of us know about: how MoviePass, the subscription-based movie ticketing startup, was a catastrophic failure. After a series of mishaps…

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The watch features a variety of different 3D games, unlocking more play time the more kids move.

Fitbit’s new kid smartwatch is a little Wiimote, a little Tamagotchi

In the video, a crowd is roaring at a packed summer music festival. As a beat starts playing over the speakers, the performer finally walks onstage: It’s the Joker. Clad…

Discord has become an unlikely center for the generative AI boom

After the Wirecard scandal, Germany’s financial regulator BaFin started to look more closely at young fintech startups that wanted to grow at a rapid pace — it’s better to be…

Germany’s financial regulator ends anti-money laundering cap on N26 signups after $10M fine

Among other things, this includes the ability to trace code from source to binary packages across both platforms, single sign-on support and unified project structures.

JFrog and GitHub team up to closely integrate their source code and binary platforms

The company’s public fund disbursement and e-commerce platform makes accepting school tuition and enabling educational enrichment more accessible. 

Tech startup Odyssey goes on journey to help states implement school choice programs

A new startup called Kinnect aims to help people privately save generational memories, traditions, recipes and more. The company’s app, launched this month, lets people create invite-only spaces where they…

Kinnect’s new app aims to help families record and store generational memories

Spotify has hiked its premium subscription in France by an eye-watering €0.13, in response to a new music-streaming tax.

Spotify hikes subscription price in France by 1.2% to match new music-streaming tax

The European Union has taken the wraps off the structure of the new AI Office, the ecosystem-building and oversight body that’s being established under the bloc’s AI Act. The risk-based…

With the EU AI Act incoming this summer, the bloc lays out its plan for AI governance

Solutions by Text, a company that gives people a way to pay their bills and apply for loans via text messaging, has secured $110 million in new growth funding. Edison…

Bootstrapped for over a decade, this Dallas company just secured $110M to help people pay bills by text

Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank…

Relay raises $32.2 million to help smaller businesses manage their cashflow

When other firms were investing and raising eye-popping sums, Clean Energy Ventures took a different approach. It appears to be paying off.

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PwC, the management consulting giant, will become OpenAI’s biggest customer to date, covering 100,000 users.

OpenAI signs 100K PwC workers to ChatGPT’s enterprise tier as PwC becomes its first resale partner

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72 hours left of the Disrupt early-bird sale

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new…

Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund

China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is…

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Apple’s annual list of what it considers the best and most innovative software available on its platform is turning its attention to the little guy.

Apple’s Design Awards nominees highlight indies and startups, largely ignore AI (except for Arc)

The spyware maker’s founder, Bryan Fleming, said pcTattletale is “out of business and completely done,” following a data breach.

Spyware maker pcTattletale says it’s ‘out of business’ and shuts down after data breach

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