A closer look at Google’s $30 remote-controlled Chromecast • TechCrunch

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Hey, people! Chromecasts have been a favorite of hackers and nerds for a while or two, and we’re glad to see the price (with remote!) drop to $30. About hardware, brian and Kirsten just released our first look at the Apple Watch Ultra, so we took advantage of that as well. — Christina and haje

TechCrunch’s top 3

  • Do you like gadgets? You will love today’s newsletter: Google’s new Chromecast is a quadruple threat: 4K HDR support, 10,000 apps, costs $30 and has a remote control, Ivan writing. Yes please.
  • The first cut is the deepest: Just when Indian hotel chain Oyo thought it was safe to go public, SoftBank cut its valuation by 73% to $2.7 billion, pot holder reports.
  • No closing time here: Acquirer of e-commerce company OpenStore defies the odds of e-commerce aggregators by both succeeding in this economy and raising funds, Christina writing. The year-long venture, launched by Keith Rabois of Founders Fund and Jack Abraham of Atomic, raised $32 million in a funding round that values ​​the company at $970 million.

Startups and VCs

Anyone who has to use a wheelchair regularly runs the risk of injury due to poor blood circulation. Kalogon thinks he can alleviate this common but life-threatening condition with a smart cushion that prevents any part of the body from being squeezed too long — and it’s already caught the attention of the VA, Devin reports.

Tracking tax compliance for cryptocurrency can be tricky, especially since many laws are new (or haven’t been written yet). This is why Binocs was founded. Users integrate their exchanges and wallets, and Binocs provides tax reporting and other accounting details. The startup announced today that it has raised $4 million to expand, Katherine reports.

And a few more from around the world (around the world):

When It Comes to Startup Board Membership, VCs and CEOs Need to Do Their Job

Picture credits: Richard Drury (Opens in a new window) /Getty Pictures

“You had a job” can be fun if a birthday cake topper goes wrong, but when we’re talking about executives not showing up for board meetings, the stakes are much higher, writes Matt Blumberg, co-founder and CEO of Traversin.

“Disengaged or dysfunctional boards aren’t just bad for CEOs and LPs; they’re bad for everyone,” says Blumberg, a realization that prompted him to adopt a new meeting format that includes follow-up surveys.

“It’s a lot of moving parts to manage, but I find it helps keep the meeting fresh and well-paced.”

More TC+ Goodness:

TechCrunch+ is our membership program that helps founders and startup teams get a head start. You can register here. Use code “DC” to get 15% off an annual subscription!

Big Tech inc.

Get ready to bite into a big apple. brian put on his reviewer hat and took a look at the AirPods Pro, which he said had “really welcome additions to one of the best pairs of headphones out there.” And brian and Kirsten tried the Apple Watch Ultra, where one of their conclusive takeaways was “the Ultra is so much more than an Apple Watch dressed in a rugged case.”

Meanwhile, buy now, pay later behemoth Klarna has confirmed it needs to take a few more bites out of its 100-strong workforce, although 500 have been warned of the cut, Connie writing.

  • Adam Levine wishes this already existed: Ivan reports that Instagram is testing a nudity protection filter for direct messages so users of the social media app don’t have to see unsolicited nude posts. Too bad there is no feature yet to warn you against sending certain messages…
  • Don’t lock yourself in: Natasha L wrote about Mozilla’s research regarding the ability to choose our own web browser on the devices we like to use rather than being presented with the pre-installed ones.
  • Don’t play games: The Indian Department of Telecommunications is proposing regulation of Internet communication services that would require platforms to obtain a license before they can operate in the market. Jagmeet see you.
  • Single and ready to date: Alibaba Cloud plans to double its overseas cloud service offering and is willing to spend $1 billion on a “global partner ecosystem upgrade”. Rita writing.
  • It’s a big piece of “chain”: South Korean authorities uncovered another $680 million in “anomalous” crypto-related foreign exchange transactions, kate reports. If you keep the score at home, that’s now a total of $7.2 billion since June.

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