Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

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Folks, we’ve sewage immoderate really sad news for you. The play is here, which intends that you person to extremity moving for a mates days. We know, it’s a tragedy. But don’t worry, Monday is only 2 short play days away, and past you tin get backmost to nan grindstone.

Black History Month continues! Originally published successful 1975, For Colored Girls Who Have Considered Suicide/When nan Rainbow Is Enuf is simply a magnificent, passionate, and fearless communicative of what it meant to beryllium a female of colour successful nan 20th century.  Well worthy a publication — aliases activity it retired onstage!

Much emotion and hugs and such, Christine and Haje

​​The TechCrunch Top 3

• Money, money, money…must beryllium funny: Warner Bros. Discovery revealed that it mislaid different $2.1 cardinal successful nan 4th quarter. This is contempt nan occurrence of shows for illustration “The Last of Us” connected HBO and games for illustration “Hogwarts Legacy.” Lauren explains more.
• Fashion layoffs: Secondhand apparel marketplace Poshmark is now laying disconnected labor conscionable 2 months aft being acquired by Naver, Kate reports.
• Another ceramic successful nan wall: Ron explains why a imaginable U.S. Department of Justice suit complete title could derail nan pending $20 cardinal Adobe-Figma deal.

Startups and VC

The truth of nan matter is that Mobile World Congress (MWC) was ne'er a user tech show, per se, but nan information of various smartphone makers transformed it into a useful launching pad. Brian explores successful What we expect from MWC 2021.

In nan look of conscripted co-founders and blacked-out bunkers, Ukraine’s tech manufacture marches on. Mike explores how, a twelvemonth connected from Russia’s invasion, Ukrainian startups show astounding resilience.

And we person 5 much for you:

• Pay, salary pay: Telecom elephantine Airtel eyes a liking successful Paytm, by Manish.
• Buy, buy, buy: Rebuy is retired to alteration nan customer buying experience, 1 personalization astatine a time, Christine reports.
• Deb, dev, dev: Alchemy launches a instrumentality that enables devs to commencement building dApps wrong 4 minutes, Jacquelyn reports.
• Ai, ai, AI:  Natasha L reports really Voicemod devices up pinch $14.5 cardinal to thrust nan generative AI (sonic)boom.
• Pic, pic, pic: South Africa’s Envisionit Deep AI gets $1.65 cardinal to grow entree to aesculapian imaging, reports Annie.

5 questions emerging managers should inquire earlier selecting LPs

Before an emerging head tin commencement backing startups, they’ll first request to gain nan spot of constricted partners who are consenting to stake connected their finance thesis.

“Each measurement up nan decision-making ladder increases nan consequence of dismissal, mislaid accusation aliases miscommunication, which tin beryllium mitigated if you tin get successful beforehand of nan decision-makers early on,” says Linda Greub, co-founder and managing partner of Avestria Ventures.

Drawing from her ain experience, Greub shares 5 questions emerging managers tin usage “to find nan investors astir apt to judge successful you.”

Three much from nan TC+ team:

• Pass nan chips: Kate asks, How are world chipmakers preparing for nan US-China spot war?
• RIP, unicorns: Alex wonders, When do we scope nan unicorn decease cliff?
• Moar chains: Jacquelyn explores really Coinbase’s layer-2 blockchain whitethorn thief grow scaling connected Ethereum.

TechCrunch+ is our rank programme that helps founders and startup teams get up of nan pack. You tin motion up here. Use codification “DC” for a 15% discount connected an yearly subscription!

Big Tech Inc.

A caller hacker group going by nan sanction CH01 defaced Russian websites to person them show a video of nan Kremlin connected fire. Lorenzo has more.

Google One subscribers tin rejoice complete this news that they now person entree to Google Photos’ caller AI-powered “Magic Eraser” that will region unwanted contented from images, Sarah reports.

We person a dainty for you: six stories alternatively of five:

• Break connected done to nan different side…of nan world: Get ready, Australia and New Zealand, Meta Verified is coming your way, Ivan reports.
• Here comes nan sun…tech: Kirsten writes that Sono Motors unopen down its Sion EV and will alternatively attraction connected its star tech business.
• Or I will attack, and you don’t want that…in your AI: Can AI really beryllium protected from text-based attacks? That’s what Kyle wants to find out.
• Xiaomi killed nan video star: Xiaomi, creator of nan short-video app Zili, announced it was shutting down successful March “due to an operational adjustment,” Jagmeet reports.
• Come together, correct now…over e-commerce: Amazon joined an India-backed e-commerce initiative that interestingly capable was challenging nan unit giant’s seeming monopoly successful nan market, Manish writes.
• You can’t do that: The U.S. Securities and Exchange Commission wrote a missive to nan U.S. Court of Appeals for nan 2nd Circuit successful New York stating that Elon Musk still needs a lawyer to o.k. his tweets. Rebecca has more.