Thread by @TechCrunch

Happy Monday dear crunchers! Let's catch up on the hottest #technews that has swept the TechCrunch desk over the past 24 hours, shall we?

#DailyCrunch 👇

Get ready for your close-up:

PhotoRoom, a photo-editing app for e-commerce sellers that enables users to remove the background behind objects, has attracted 40 million app downloads and now raised $19 million, @romaindillet reports.
techcrunch.com/2022/11/07/aft…

If you were recently laid off from Twitter, would you return? @IndianIdle writes that after laying off half of its staff, Twitter is reportedly compiling a list of people who could be asked to come back.
techcrunch.com/2022/11/07/aft…

Organizing all the facets of your life in one app seems to be quite popular, and Yassir is proof of that. The Africa-based super app, offering ride-hailing, food and grocery delivery and payments, grabbed $150 million. @ulonnaya has more.
techcrunch.com/2022/11/07/yas…

The downturn hasn’t soured investors on the travel industry. Travel booking startup @hopper today announced that it closed a $96M follow-on investment from Capital One, bringing the company’s total raised to close to $730M, @Kyle_L_Wiggers reports.
techcrunch.com/2022/11/07/tra…

Like concrete, but a little less carbon-y:

Carbon Re spins out of academia-land to take on cement pollution, @Haje reports.
techcrunch.com/2022/11/07/car…

More money from more places:

@ron_miller explores the story behind the folks who are working to bring more diversity to the venture LP investing pool.
techcrunch.com/2022/11/07/the…

Fintech free fall:

@bayareawriter and @Kyle_L_Wiggers tag-team a summary of what’s happening in the land of fintech in our newsletter the Interchange. “The fintech layoffs just keep on coming,” they report. #techlayoffs
techcrunch.com/2022/11/06/the…

The rumors of its death were greatly exaggerated:
Benitago Group exec confirms it didn’t close, but did lay off some employees, reports @ChristineMHall.

techcrunch.com/2022/11/04/ben…

Co-CEOs no more:

@ulonnaya reports that Jumia co-CEOs Jeremy Hodara and Sacha Poignonnec step down.
techcrunch.com/2022/11/07/jer…

New math: @alex wonders if perhaps we were valuing software companies the wrong way all along over at @TechCrunchPlus.

techcrunch.com/2022/11/07/may…

.@romaindillet has your look at the Devialet Mania, a $790 high-end portable speaker. And he uses the term “portable” lightly because it weighs five pounds, so more like a speaker you can pick up and change rooms with, not one you carry in a backpack.
techcrunch.com/2022/11/07/dev…

That’s a lot of #cryptocurrency:

The U.S. Department of Justice said it seized $3.36 billion in #crypto from James Zhong, who @jacqmelinek reports is accused of unlawfully obtaining that large chunk from the dark web.
techcrunch.com/2022/11/07/us-…

Game on:

@psawers updates us on the completion of the $4.4 billion merger of Unity and ironSource. Together, the companies are building a platform for the development and monetization of games.
techcrunch.com/2022/11/07/uni…

Boosted by all the Twitter drama over the past week, people have been on the lookout for another place to enjoy social media. #Mastodon has been one of the benefactors, reaching 1 million active monthly users, @Kyle_L_Wiggers reports.
techcrunch.com/2022/11/07/boo…

All the prices that are fit to post:

@Airbnb is tweaking its search so that it will soon show prices inclusive of all fees in search results, @IndianIdle writes.
techcrunch.com/2022/11/07/air…

Say farewell:

Over the weekend, @LaurenForristal had a story about HBO canceling “Westworld.”
techcrunch.com/2022/11/04/its…

There's much more #technews happening, so head over to techcrunch.com for more. And subscribe to #DailyCrunch here to get the latest updates in your inbox every day 📧

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