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Oh hey! How are you today? We’ve had quite a busy day on the site today, with a veritable cornucopia of news scattered across the internet. Below we have selected for you some of the most interesting slices. Enjoy (as long as you can enjoy another day of layoff news and whispered advice to try and panic as little as possible). — Christine and Hadje
TechCrunch’s Top 3
- WhatsUp on WhatsApp: The messaging giant has been preparing us for this moment since August, and it’s finally here: Communities! The new newsgroup allows for more people to be involved and includes voice and video chats for up to 32 people, as well as plenty of emoticons, polls and large file sharing, Sarah reports.
- Maybe you want to switch to polka dots: Stripe is cutting 14% of its workforce and gender writes that its CEO points out that “over-hiring for the world we’re in” caused the reduction. Unfortunately, it’s kind of a layoff day, so head over to Big Tech Inc. if you can read more.
- Where in the world is Ajit Mohan?: Well, the former head of Meta India is now over there at Snap and will serve as president of the company’s APAC business, Manish and Jagmeet write.
Startups and VCs
“Most designers don’t have real-life manufacturing experience, and they draw things that can’t be used in the factory,” Xianfeng Wang, founder and CEO of Pacdora, told TechCrunch. To bridge the gap between designers and manufacturers. Wang’s team evolved Pacdora, which is like Canva plus Figma for packing, Rita reports. The platform offers thousands of packaging templates for everything from shipping boxes and coffee bags to lotion bottles and yogurt pouches.
“I’ve always been looking for this software that can help us do this internally,” Juan Meisel said Christine. He builds logistics solution with his new startup, Grip. “I started advising some companies on the side. They received their ButcherBox in the mail and tried to send everything from frozen milk to chocolate, flowers and pharmaceuticals.
Okay, okay, another handful of startup news:
Proptech in Review: 3 Investors Explain How Finance-Focused Proptech Startups Can Survive the Crisis
How are finance-minded real estate technology investors reacting to the continued decline in public markets?
Senior reporter Mary Ann Azevedo interviewed three VCs to learn more about how they advise their portfolio companies, which types of startups are best positioned to weather the downturn, and how they manage risk:
- Pete Flint, General Partner, NFX
- Zach Ahrens, Co-Founder and General Partner, MetaProp
- Nima Wedlake, Director, Thomvest Ventures
Three more from the TC+ team:
Big Tech Inc.
Step forward, people! We know you don’t like carrying around a paper grocery list—hell, we know scrolling through that tiny phone screen is a pain too. Well, Amazon and Mojo Vision have a treat for you, or rather for your eyes. Today they introduced a proof-of-concept feature that Brian says it’s “the first major third-party consumer app for smart contact lenses.” That’s right, Ann Alexa Shopping List integration for contact lens which has a computing interface.
Cuts, cuts, as far as the eye can see today. While we’ve already shared the Stripe news with you, and as you’ve probably heard over the past week, Elon Musk is also making some workforce cuts at Twitter. Natasha L reports that he now plans to cut Twitter’s headcount in half. Meanwhile, Kirsten it says this Lyft is cutting 13% of its workforce in an effort to reduce operating costs.
And we have five more for you: