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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

TechCrunch Disrupt, our flagship startup event held annually in San Francisco, is back on October 28-30 — and you can expect a bustling crowd of thousands of startup enthusiasts. Exciting…

Startup Blueprint: TC Disrupt 2024 Builders Stage agenda sneak peek!

Mike Krieger, one of the co-founders of Instagram and, more recently, the co-founder of personalized news app Artifact (which TechCrunch corporate parent Yahoo recently acquired), is joining Anthropic as the…

Anthropic hires Instagram co-founder as head of product

Seven orgs so far have signed on to standardize the way data is collected and shared.

Venture orgs form alliance to standardize data collection

As cloud adoption continues to surge towards the $1 trillion mark in annual spend, we’re seeing a wave of enterprise startups gaining traction with customers and investors for tools to…

Alkira connects with $100M for a solution that connects your clouds

Charging has long been the Achilles’ heel of electric vehicles. One startup thinks it has a better way for apartment dwelling EV drivers to charge overnight.

Orange Charger thinks a $750 outlet will solve EV charging for apartment dwellers

So did investors laugh them out of the room when they explained how they wanted to replace Quickbooks? Kind of.

Embedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks

While an increasing number of companies are investing in AI, many are struggling to get AI-powered projects into production — much less delivering meaningful ROI. The challenges are many. But…

Weka raises $140M as the AI boom bolsters data platforms

PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (HOAs), is an example of how real-world problems can translate into opportunity. It just raised a $27.5…

Meet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A

Restaurant365, which offers a restaurant management suite, has raised a hot $175M from ICONIQ Growth, KKR and L Catterton.

Restaurant365 orders in $175M at $1B+ valuation to supersize its food service software stack 

Venture firm Shilling has launched a €50M fund to support growth-stage startups in its own portfolio and to invest in startups everywhere else. 

Portuguese VC firm Shilling launches €50M opportunity fund to back growth-stage startups

Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI…

LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI

Trawa simplifies energy purchasing and management for SMEs by leveraging an AI-powered platform and downstream data from customers. 

Berlin-based trawa raises €10M to use AI to make buying renewable energy easier for SMEs

Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account.

Lydia, the French payments app with 8 million users, launches mobile banking app Sumeria

Cargo ships docking at a commercial port incur costs called “disbursements” and “port call expenses.” This might be port dues, towage, and pilotage fees. It’s a complex patchwork and all…

Shipping logistics startup Harbor Lab raises $16M Series A led by Atomico

AWS has confirmed its European “sovereign cloud” will go live by the end of 2025, enabling greater data residency for the region.

AWS confirms will launch European ‘sovereign cloud’ in Germany by 2025, plans €7.8B investment over 15 years

Go Digit, an Indian insurance startup, has raised $141 million from investors including Goldman Sachs, ADIA, and Morgan Stanley as part of its IPO.

Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO

Peakbridge intends to invest in between 16 and 20 companies, investing around $10 million in each company. It has made eight investments so far.

Food VC Peakbridge has new $187M fund to transform future of food, like lab-made cocoa

For over six decades, the nonprofit has been active in the financial services sector.

Accion’s new $152.5M fund will back financial institutions serving small businesses globally

Meta’s newest social network, Threads, is starting its own fact-checking program after piggybacking on Instagram and Facebook’s network for a few months.

Threads finally starts its own fact-checking program

Looking Glass makes trippy-looking mixed-reality screens that make things look 3D without the need of special glasses. Today, it launches a pair of new displays, including a 16-inch mode that…

Looking Glass launches new 3D displays

Replacing Sutskever is Jakub Pachocki, OpenAI’s director of research.

Ilya Sutskever, OpenAI co-founder and longtime chief scientist, departs

Intuitive Machines made history when it became the first private company to land a spacecraft on the moon, so it makes sense to adapt that tech for Mars.

Intuitive Machines wants to help NASA return samples from Mars

As Google revamps itself for the AI era, offering AI overviews within its search results, the company is introducing a new way to filter for just text-based links. With the…

Google adds ‘Web’ search filter for showing old-school text links as AI rolls out

Blue Origin’s New Shepard rocket will take a crew to suborbital space for the first time in nearly two years later this month, the company announced on Tuesday.  The NS-25…

Blue Origin to resume crewed New Shepard launches on May 19

This will enable developers to use the on-device model to power their own AI features.

Google is building its Gemini Nano AI model into Chrome on the desktop

It ran 110 minutes, but Google managed to reference AI a whopping 121 times during Google I/O 2024 (by its own count). CEO Sundar Pichai referenced the figure to wrap…

Google mentioned ‘AI’ 120+ times during its I/O keynote

Firebase Genkit is an open source framework that enables developers to quickly build AI into new and existing applications.

Google launches Firebase Genkit, a new open source framework for building AI-powered apps

In the coming months, Google says it will open up the Gemini Nano model to more developers.

Patreon and Grammarly are already experimenting with Gemini Nano, says Google

As part of the update, Reddit also launched a dedicated AMA tab within the web post composer.

Reddit introduces new tools for ‘Ask Me Anything,’ its Q&A feature

Here are quick hits of the biggest news from the keynote as they are announced.

Google I/O 2024: Here’s everything Google just announced