Buick unveils Wildcat concept car as company shifts to EV-only lineup

TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

By Christine Hall and Haje Jan Kamps

Wednesday, June 01, 2022

Extra, extra, read all about it — Sheryl Sandberg surprised us this afternoon and said she was stepping down as Meta COO. We’re still figuring out the details, so stay tuned for more. And oh Hai! Or rather, Ohio — more specifically, Columbus, Ohio. Today, we’re doing our City Spotlight, and we’ve been exploring who’s building in Columbus, and how it became the tech hub of the Midwest. We also dove into why Intel chose the city to build its $20B manufacturing facilities. — Haje and Christine

 image

Image Credits: Buick

The TechCrunch Top 3

  • Buick going full EV: If you are into electric vehicles, you will love today’s Daily Crunch. First up is Buick, which is full of surprises today — not only did the company say it is transitioning to electric vehicles only, but after a few years of focusing on SUVs, Buick is going back to its coupe and sedan roots. The Wildcat looks like a sweet ride. If it wasn’t already evident, the U.S. is getting more serious about EVs, per Tim. Speaking of a sweet ride, the 1980s are indeed back in style. Jaclyn also wrote about the new DeLorean, which is being reimagined as an electric vehicle. Sorry, no flux capacitor on this one, but thankfully you won’t need the plutonium or the 1.21 gigawatts.
  • Tiger gets its claws into Slice: Getting a bank account can be easy; getting credit, not so much. Slice is an Indian fintech company working to change that and is now buoyed by a new Tiger Global–led $50 million round that Manish reports has the company in unicorn territory. Slice is bringing credit to the masses in that country by bringing technology to the underwriting process and is issuing hundreds of thousands of cards per month, putting it at the top of its game in the South Asian market.
  • A “Netflix for education”: Spain-based Odilo has a catalog of nearly 4 million educational items and today brought in $64 million to keep hidden. No, really, as Ingrid writes, the “white-labelness” of the company means businesses can build their own customized e-learning offerings, but customers may only see the education portal it’s powering as the front-facing brand, like, ahem, Google, which we talk about a lot today in the Big Tech Inc. section.

TC Sessions: Climate - Bill Gates, Sec. Granholm, & More on June 14

Sponsored by TechCrunch

This month, the best minds in climate-tech will gather on June 14 at UC Berkeley to examine the role of tech and startups in mitigating and adapting to climate change. Covering topics from alternative foods and fuels to current capital trends, this is one conference you won't want to miss. Purchase your pass today.

Buy Now

Startups and VC

Every time I explain what a SPAC is to someone, they go, “Wait, how is that legal?” It seems like some folks in government agree, Connie reports, with Sen. Elizabeth Warren planning a new bill to tame the wild, wild west a little. The law may be a little late — interest was on the wane already, when the SEC warned in March last year that SPACs weren’t accounting correctly for investor incentives called warrants.

The other thing we want to celebrate is irreverence and joy. Haje needed wafting with palm fronds after getting a little excited about a new photo-forward book about electronics, and Amanda lost her marbles over a couple of new Pokémon, including one called Lechonk.

Other things to get excited about:

Dear Sophie: How do we qualify for each of the O-1A criteria?

Dear Sophie,

Our startup will be sponsoring my co-founders and me for O-1A visas.

How do we qualify for each of the O-1A criteria?

— Extraordinary Entrepreneur

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)

Read More

Dear Sophie: How do we qualify for each of the O-1A criteria? image

Image Credits: Bryce Durbin/TechCrunch

Big Tech Inc.

We promised above, and now we are delivering all of the delicious Google-ly goodness. Let’s start with some news that will make you smile — Google is expanding its program aimed at providing job readiness and digital skills for formerly incarcerated people. The company will also invest $4 million in reducing barriers for these individuals to become gainfully employed. Next is a report showing that Chrome still edges out Apple’s Safari for users, though Apple should still celebrate reaching 1 billion users. Not to be undone by:

Not much of a surprise with this next report, but it seems the U.K.’s new social media watchdog group Ofcom has found that social media giants are not taking women’s safety seriously. Its study of some 6,000 people found that even though women spend a bit more time than men online, they still don’t feel like they can express their opinions as freely as their male counterparts. In turn, Ofcom is urging social media companies to do something about it, namely make their platforms more welcoming.

Cryptocurrency has not been feeling the love lately, what with the whole TerraUSD thing, among others, and today the sector takes another hit as one of its own is arrested. Formal charges were made against former OpenSea head of product Nate Chastain for ​​“wire fraud and money laundering in connection with a scheme to commit insider trading.” Chastain was fired from his job last year after being accused of “front-running purchases of NFT collections that he knew were about to be featured prominently on the homepage of OpenSea.”

Please enjoy these other morsels:

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard

See more jobs on CrunchBoard

Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

Facebook Twitter Youtube Instagram Flipboard

View this email online in your browser

Privacy Policy | Terms of Service | Unsubscribe

© 2022 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103

Older messages

🔒 Secure the lowest prices for Disrupt tickets before this Friday 🔒

Wednesday, June 1, 2022

Go where all the early stage startups will go this October TC Disrupt 2022 - October 18-20 & 21 Lock-in low launch prices before Friday TechCrunch Disrupt has always been where you can keep your

Amazon will sunset Cloud Cam service in December, offers customers free Blink Mini

Tuesday, May 31, 2022

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo By Haje Jan Kamps and Christine Hall Tuesday, May 31, 2022 Oh hey and happy Tuesday, the very last day of May 2022! Tomorrow, for our City

Secretary Granholm To Speak At TC Sessions: Climate

Tuesday, May 31, 2022

TechCrunch Logo TC Sessions: Climate on June 14 and June 16 We're excited to announce that the Secretary of the US Department of Energy (DOE) Jennifer Granholm will join us on June 16 for our

Max Q - Mines and metals

Monday, May 30, 2022

TechCrunch Newsletter TechCrunch logo Max Q logo By Aria Alamalhodaei Monday, May 30, 2022 Hello and welcome back to Max Q. There is SO much news this week, so let's dive in. In this issue:

What's happening this week at TechCrunch | May 30

Monday, May 30, 2022

Plus more TC events coming up! Hi friends! I know you're probably out enjoying a BBQ or two today so just a few quick reminders: Don't forget to grab your 2-for-1 tickets to TC Sessions:

You Might Also Like

Infographic | How Small Investments Make a Big Impact Over Time 📈

Thursday, March 28, 2024

Compound interest is a powerful force in building wealth. Here's how it impacts even the most modest portfolio over the long term. View Online | Subscribe Presented by: EnergyX's groundbreaking

Fully Autonomous Development, AI .NET Components, Data Visualization ML Tutorial, More

Thursday, March 28, 2024

Home | News | How To | Webcasts | Whitepapers | Advertise .NET Insight March 28, 2024 THIS ISSUE SPONSORED BY: ■ Visual Studio Live! Chicago: .NET Developer Training Conference ■ dtSearch® - INSTANTLY

Daily Coding Problem: Problem #1395 [Hard]

Thursday, March 28, 2024

Daily Coding Problem Good morning! Here's your coding interview problem for today. This problem was asked by Google. Implement an LRU (Least Recently Used) cache. It should be able to be

72 x $99 tickets left for virtual product conference (May 2)

Thursday, March 28, 2024

​ACT FAST!​ ONLY 72 TICKETS AVAILABLE AT THE DISCOUNTED RATE OF $99! MAY 2, 2024 | ONLINE ACROSS THE WORLD Join product people from around the world on Thursday, May 2, for INDUSTRY, the #1 Virtual

⚙️ "I'm a GPT builder" 😎

Thursday, March 28, 2024

Plus: Elon's Grok will be available to all ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

🔒 The Vault Newsletter: March issue 🔑

Thursday, March 28, 2024

Get the latest business security news, updates, and advice from 1Password. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

📑 Discover The Power of AI With UPDF — 63% Off For a Limited Time

Thursday, March 28, 2024

Digitally Read/Sign/Edit/Summarize PDFs Seamlessly. Available Now at a Huge Discount! How-To Geek Logo March 28, 2024 Tired of Dealing With PDFs? Try AI-Powered UPDF With the Biggest Discount of the

Issue 310 - New Autopark looks awesome!

Thursday, March 28, 2024

View this email in your browser If you are just now finding out about Tesletter, you can subscribe here! If you already know Tesletter and want to support us, check out our Patreon page Issue 310 - New

Programmer Weekly - Issue 199

Thursday, March 28, 2024

View this email in your browser Programmer Weekly Welcome to issue 199 of Programmer Weekly. Let's get straight to the links this week. Quote of the Week "Optimization hinders evolution.

wpmail.me issue#660

Thursday, March 28, 2024

wpMail.me wpmail.me issue#660 - The weekly WordPress newsletter. No spam, no nonsense. - March 27, 2024 Is this email not displaying correctly? View it in your browser. News & Articles What's