Wayfair

Generative AI is good for more than marketing copy and anime-style avatars — or so Wayfair wants you to think. Today, Wayfair launched a new app with a cutesy name,…

Wayfair’s new app uses generative AI to transform your space

In the new era of remote and hybrid working, companies need to manage people who either relocate or work remotely. For obvious reasons, that has created a huge headache for…

Can this startup solve the HR headache that is digital nomads? It just raised $12M to try

Wayfair, the online home goods retailer, announced today it was laying off close to 900 employees as a way to reprioritize investment needs and meet the company’s current needs. This…

Wayfair to lay off 5% of its workforce, or nearly 900 employees

A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be…

Key European tech founders and investors launch OneUkraine charity to assist Ukraine

A new Pinterest feature will allow consumers to see what furniture or other home décor items will look like in their own home, using augmented reality (AR). Similar technology has…

Pinterest’s AR shopping feature expands to include furniture and home décor

2021 has been a rosy year for China-based Amazon vendors looking for exits. Roll-ups, or brand aggregators, have been flooding China’s export-oriented e-commerce market with capital to scoop up sellers.…

Chinese Amazon aggregator Nebula Brands raises $50M led by L Catterton

In the global race for technical talent, companies are on the hunt for ways to speed up and scale the hiring process to snap up the best candidates before their…

Karat raises $110M on a $1.1B valuation to grow its technical interviewing-as-a-service platform

Android shared information today about six features that will roll out this summer. Some of these are just quality of life upgrades, like starring text messages to easily find them…

Android announces six new features, emphasizing safety and accessibility

At its Worldwide Developers Conference, Apple announced a significant update to RealityKit, its suite of technologies that allow developers to get started building AR (augmented reality) experiences. With the launch…

Apple’s RealityKit 2 allows developers to create 3D models for AR using iPhone photos

With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according…

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

Earlybird Digital East Fund — a fund associated with Germany’s Earlybird VC, but operating separately — has launched a €200 million ($242 million) successor fund. The fund’s focus will remain…

Emerging as an Eastern powerhouse, Earlybird Digital East Fund launches new $242M fund

These businesses are fundamentally reimagining their product experience by owning the entire value chain from end to end, thereby creating a step-functionally better experience for consumers.

End-to-end operators are the next generation of consumer business

MadeiraMadeira, the Brazilian answer to Wayfair or Ikea, is now worth $1 billion after raising $190 million in late stage financing from investors led by SoftBank’s Latin American investment fund…

MadeiraMadeira, Brazil’s answer to Wayfair and Ikea, is now worth over $1 billion

Featured Article

Despite limitations, 3D and AR are creating new realities in retail

“Within the next five years, I think we’re going to see that having AR and 3D on your dot-com and beyond will be mandatory.”

Despite limitations, 3D and AR are creating new realities in retail

Storyblocks, the subscription-based stock media service, today announced that it has been acquired by private equity firm Great Hill Partners. The firm previously backed companies like Wayfair (and then exited…

Private equity firm Great Hill Partners acquires stock media service Storyblocks

In the midst of the day’s news chaos both political and business-oriented, you might have missed Wayfair’s big moment: In regular trading today, shares of the online home goods retailer…

Unpacking why Wayfair’s stock popped 23.7% today

Given the rise in online shopping attributed to the coronavirus outbreak that has forced consumers to stay home from stores, Pinterest today is launching a new way to shop on…

Pinterest adds new ‘Shop’ tabs connected to in-stock inventory, style guides and more

After raising $8 million in November to roll up top Amazon marketplace companies, the new Boston-based startup Perch has begun putting that money to work in its first few deals.…

With $8 million to consolidate Amazon’s top marketplace sellers, Perch makes its first deals

Stocks rallied Monday, with all major indices snapping back into positive territories as investors seized on any positive developments in the fight to mitigate the spread of COVID-19, the disease…

American stocks rally sharply on COVID-19 optimism as earnings loom

Home furnishing retailer Wayfair was among the first to adopt AR technology as a means of helping people better visualize furniture and accessories in their own home, ahead of purchase.…

Wayfair’s app adds 3D visualization tools, including interactive photos & a room planner

As I wrote for TechCrunch recently, immigration is not an issue always associated with tech — not even when thinking about the ethics of technology, as I do here. So…

Inside the history of Silicon Valley labor, with Louis Hyman

The Roblox EC-1 Following in the wake of our deep profiles of Patreon and Niantic, we have our next EC-1 package, this time on children’s gaming platform Roblox. Extra Crunch…

Roblox EC-1, immigration requirements doubling, grief in the workplace, and cannabis startups

Immigration may not seem to be a tech issue. But for Americans with some personal or family experience with the idea of separated families and/or concentration camps, it can be…

Unraveling immigration politics and Silicon Valley ethics with Jaclyn Friedman

Last week Modsy, a San Francisco-based startup, raised a large amount of funding — $37 million in C-round funding to be precise. And that followed a $23 million Series B…

Move over Ready Player One — the future of AR might be in furniture

Another major e-commerce brand its expanding its business offline. Wayfair, the Boston-based online furniture retailer whose net revenue topped $2 billion in the fourth quarter, announced this morning it plans…

Wayfair to open its first brick-and-mortar store this fall

Andreessen Horowitz has led the $300 million Series B, with participation from Premji Invest and Uprising.

With $300M in new funding, Devoted Health launches its Medicare Advantage plan in Florida

Boston has regained its longstanding place as the second-largest U.S. startup funding hub. After years of trailing New York City in total annual venture investment, Massachusetts is taking the lead…

Boston-area startups are on pace to overtake NYC venture totals

Startups making delivery and transport easier than ever are a hit with venture capitalists, so it’s not a surprise that young tech companies delivering home staples — living room sets,…

Furniture startups skip the showroom and go straight to your door

AR-enabled shopping is expanding again today. This time, online furniture retailer Wayfair is introducing an augmented reality feature in its mobile app for Android that will allow customers to visualize…

Wayfair’s Android app now lets you shop for furniture using augmented reality

Taking another step toward shedding its reputation as the tech industry’s most notorious patent troll, Intellectual Ventures is launching the first company from its incubator. The company’s ISF Incubator has…

Home decorating gets a new AR toolkit thanks to Intellectual Ventures’ new incubator