Brane X portable speaker packs a hell of a punch in a small package

You probably haven’t heard of Brane Audio yet, but trust me on this one: You will. One of my highlights at CES in Las Vegas today was listening to the company’s debut speaker, the Brane X, side-by-side with some other well-known speaker brands. The company’s founder has a background from high-precision magnetics, and after exiting his previous company, decided to apply this expertise to another space where magnets are important: Speakers.

The company’s first product is the $700 Brane X, which is opening for pre-orders imminently. The big innovation is the company’s Repel-Attract Driver (RAD). It use a combination of moving and stationary magnets to create a force that is equal and opposite to the force caused by large air pressure changes within a speaker enclosure. The result is the ability to move a large amount of air (and therefore punch a lot of bass around), in a small package that the company claims consumes 10% of the power that a conventional-tech subwoofer would.

“We developed a new way of making audio. Specifically, we have a novel subwoofer. That uses a technology we call “repel attract driver” or RAD. It uses magnetic forces to cancel out the air pressure forces that are inherent when you’re creating low subwoofer notes. Using traditional technology, there’s even a law – Hoffman’s law – that says, can’t have deep bass, an efficient speaker and have it be compact. As you make a subwoofer smaller, the air pressure gets higher and higher, and you’re drawing more and more power,” explains Joe Pinkerton, co-founder and CEO at Brane Audio, in an interview with TechCrunch. “By canceling that pressure force with a magnetic force, it stays in its container. That means all you have to overcome its own inertia. It is a factor of roughly 100 times more efficient in the subwoofer range. That enables us to make it a tenth of the size and draw a tenth of the power.”

Brane Audio showed off its speaker alongside the Sonos Move, blowing it out of the water. Image Credit: TechCrunch / Haje Kamps

You’ve already done the math, dear reader: Smaller, lighter, and less power-hungry equals interesting tech for portable speakers. And that’s exactly what the company built in the Brane X. It contains an 8-inch subwoofer in a portable speaker that can run on battery power for 12 hours. It also has all the other bells and whistles you’d expect from a high-end portable speaker: It has Alexa, Wi-Fi, Bluetooth, and can run Spotify. In addition to the aforementioned bass-pumper, it contains a pair of tweeters and a pair of mid-range speakers, so it retains its power to play stereo sound. The speaker is IP 5x rated, meaning it is more resistant to rain than your BBQ or pool party.

In the suite where the tech was demoed, I found myself checking behind the sofa whether the company had hidden additional speakers: A huge amount of bass, plus a weirdly immersive soundscape coming from a box the size of a small toaster was a distinctly uncanny experience. I couldn’t locate the other speakers, and the team assured me that yes, it all really came from their little box.

Brane Audio’s subwoofer uses an FPGA to balance its magnet exactly where it needs it. Image Credit: TechCrunch / Haje Kamps

Pinkerton started Active Power, a company in the energy space in the early 1990s that created huge 15,000-pound, magnetic-bearing flywheels for power storage. The precision needed to use a combination of static and dynamic magnets to keep these flywheels exactly balanced using an axial magnetic bearing meant developing an extremely precise feedback loop. A while after taking the company public in 2000, he started a Clean Energy Labs to start looking for other opportunities. One of the technologies the company looked into was using graphene to create more efficient switches.

“As we were switching it at 5,000 times a second. We were like, ‘wow, that’s making a lot of sound for its size,’ and that was just a chip-level device,” Pinkerton laughs. From there, he wondered what would happen if they were trying to make sound on purpose. “We span Brane Audio out of Clean Energy Labs in 2015, and just said ‘hey, let’s make this membrane-based speaker.’ We worked on that for and we worked on that for several years and were going to launch something in 2020. Then COVID hit, and the factory shut down.”

From there it was back to the drawing board — but Pinkerton wasn’t ready to let the technology rest quite yet.

“Our experience is something a normal audio engineer would have no idea even existed. It took us years to figure out to perfect the technology,” Pinkerton says, describing the path to a final, launchable speaker.

The speaker is big for a portable speaker; it’s more of a small boombox than the kind of speaker you can just lob in your hand luggage for a trip overseas. It seems like it’s better for a speaker you bring with you on a road trip, move from room to room in the house, or plonk down outside for a pool party.

“This is sneak peek of the Brane X. We’re doing a full-blown launch at South by Southwest in Austin in mid-March,” Pinkerton concludes, and suggests that the company has speakers with its tech in smaller form factors and with more modest price points on the drawing board.

Brane X portable speaker packs a hell of a punch in a small package by Haje Jan Kamps originally published on TechCrunch

Is Adobe using your photos to train its AI? It’s complicated

A sharp-eyed developer at Krita noticed recently that, in the settings for their Adobe Creative Cloud account, the company had opted them (and everyone else) into a “content analysis” program whereby they “may analyze your content using techniques such as machine learning (e.g. for pattern recognition) to develop and improve our products and services.” Some have taken this to mean that it is ingesting your images for its AI. And… they do. Kind of? But it’s not that simple.

First off, lots of software out there has some kind of “share information with the developer” option, where it sends telemetry like how often you use the app or certain features, why it crashed, etc. Usually it gives you an option to turn this off during installation, but not always — Microsoft incurred the ire of many when it basically said telemetry was on by default and impossible to turn off in Windows 10.

That’s gross, but what’s worse is slipping a new sharing method and opting existing users into it. Adobe told PetaPixel that this content analysis thing “is not new and has been in place for a decade.” If they were using machine learning for this purpose and said so a decade ago, that’s quite impressive, as is that apparently no one noticed that whole time. That seems unlikely. I suspect the policy has existed in some form but has quietly evolved.

But the wording of the setting is clear: it may analyze your content using machine learning, not for the purposes of training machine learning. As it says in the “learn more” link:

For example, we may use machine learning-enabled features to help you organize and edit your images more quickly and accurately. With object recognition in Lightroom, we can auto-tag photos of your dog or cat. In Photoshop, machine learning can be used to automatically correct the perspective of an image for you.

A machine learning analysis would also allow Adobe to tell how many people were using Photoshop to, say, edit images of people versus landscapes, or other high-level metadata. That could inform product decisions and priorities.

You may very well say, but that language does leave open the possibility that the images and analysis will be used to train AI models, as part of the “developing our products and services” thing.

Make yours look like this.

True, but Adobe clarified that “Adobe does not use any data stored on customers’ Creative Cloud accounts to train its experimental Generative AI features.” That wording is clear enough, though it also has the kind of legal precision that makes you think they’re talking around something.

And if you look closer at its documentation, it does indeed say: “When we analyze your content for product improvement and development purposes, we first aggregate your content with other content and then use the aggregated content to train our algorithms and thus improve our products and services.”

So it does use your content to train its algorithms. Perhaps just not its experimental Generative AI algorithms.

In fact, Adobe has a program specifically for doing that: the Adobe Photoshop Improvement Program, which is opt-in and documented here. But it’s entirely possible that your photos are, through one tube or another, being used as content to train a generative AI. There are also circumstances when it might be manually reviewed, which is a whole other thing.

Even if it isn’t the case that Adobe is harvesting your creativity for its models, you should opt out of this program and any others if you value privacy. You can do so right here at the privacy page if you’re logged in.

Is Adobe using your photos to train its AI? It’s complicated by Devin Coldewey originally published on TechCrunch

Daily Crunch: Property management startup Doorstead raises $21.5M Series B

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here.

We’ve made it to Friday! If you are looking for a good podcast episode, I highly recommend today’s Equity where Natasha M, Mary Ann and Becca talk about CES, NYE, SBF and FTX — oh my! Also, shout-out to you Daily Crunchers out there for reading yesterday’s newsletter and helping it be one of today’s top-read stories. It warms my heart, and I hope today’s news is equally enthralling. Without further adieu… — Christine

The TechCrunch Top 3

Knock, knock, it’s guaranteed renters at the door: Property owners don’t always have peace of mind while renting out their spaces, but Doorstead believes its approach is solving that. Mary Ann reports on the company securing $21.5 million new funding to not only tell you how much in rent you can expect, but also to make sure you always have a tenant for your rental property.
Credit buzz: Indian fintech KreditBee’s business model of underwriting to help people get microloans attracted even more venture capital — $100 million, in fact — to boost the company’s valuation to nearly $700 million, Manish writes.
Seeing is believing: Haje reports on “Lumus’ bid to make AR glasses a little bit less cringe.”

TechCrunch @ CES

If you liked that item above on Lumus, then you’ll love what else the TechCrunch team has in store for you today as they continue to cover the Consumer Electronics Show in Las Vegas. There’s two more days to go!

Gadgets and gizmos aplenty:

Tim Stevens doesn’t have a strong stomach, but he got in the back of a ’67 DeVille with a VR headset to test out Holoride’s new VR kit just for you.
If you don’t have your own camera crew, Studiobox has you covered with its interview-studio-in-a-box that Haje calls “a remote video team’s high-def dream.”
Kirsten has details on how Stellantis’ new business unit will turn vehicle data into cash.
Brian writes that Qualcomm deviated from its usual CES news to announce a new partnership with Iridium to bring satellite messaging to Android phones.

Will record levels of dry powder trigger a delayed explosion of startup investment?

Image Credits: Tim Robberts / Getty Images

There’s a subtext for the waves of layoffs and Craigslist ads for discounted office furniture: tech investors have amassed approximately $290 billion in dry powder.

“Despite the downturn, strong cash supply and tailwinds for spending on digitization are leading some market participants to believe we’re in a strong investment cycle,” says Raphael Mukomilow and Pierre Bourdon at Picus Capital.

After they tracked uninvested capital by year going back to 2006, the pair found that “a crisis within the investment landscape has often been followed by years of systematic outperformance of returns, and history has a way of repeating itself.”

Three more from the TC+ team:

Capital conundrum: It’s no secret that there was a venture capital slowdown in 2022. Kyle details PitchBook’s latest report on VC deal activity to see what happened and what’s likely to happen next.
Your art on a Mastercard: Credit card giant Mastercard is pairing up with blockchain startup Polygon to launch a web3-focused incubator for musicians. Jacquelyn has more.
Some good capital news: Though Black founders again raised just 1% of all VC funds in 2022, Dominic-Madori reports that total funding experienced an uptick. She speaks to founders and investors who agree there is still plenty of work to be done.

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

If you use Snap’s desktop camera to give yourself a fun filter during video calls, start saying your goodbyes to it now. Ivan reports that Snap is shutting down the camera app on January 25 to focus on its Camera Kit for Web feature. He also notes there might be more behind the move, writing, “The discontinuation of the Snap Camera app — spotted first by The Verge — is not entirely surprising. Last year, it cut 20% of its staff and shuttered its drone product months after first launching it.”

And we have five more for you:

We’re slashing prices left and right: Matt reports that Tesla slashed pricing for its Model 3 and Model Y in China for the second time in three months.
Plagiarism in the world of AI: If you were in school in the late 1990s or early 2000s, you might remember your teacher telling you not to use the internet because it was full of misinformation. Well, technology has come a long way, and even longer now that ChatGPT is a thing. Amid news that New York City public schools are blocking ChatGPT, OpenAI says it’s working on “mitigations” to help spot ChatGPT-generated text, Kyle reports.
TikTok, it’s time to go to bed: We’ve heard of alarms to wake you up, but that phone screen was meant to keep you engaged when you should be sleeping. “No problem,” says TikTok, which is testing a “sleep reminder” feature that nudges you when it’s bedtime, Aisha writes. And that’s not all — she also reports that TikTok has video scrubbing thumbnails now to make it easier to find specific parts of videos.
It’s enough to make you Twitch: Website and app outages happen all the time, but when Amanda saw it happened to Twitch for the second time in a week, she decided to get to the bottom of it.
Samsung not singing a happy tune: Kate reports on Samsung’s preliminary estimates of its quarterly profit, which don’t look good. The memory chip and phone maker says quarterly profit hit an eight-year low amid weak demand for its products.

Daily Crunch: Property management startup Doorstead raises $21.5M Series B by Christine Hall originally published on TechCrunch

HealthAtom empowers LatAm’s small healthcare offices with cloud-based ops

HealthAtom is aiming to be the go-to cloud-based operations system for small and midsize healthcare companies across Latin America (LatAm). Although the company has been around since 2012, this is the first time it has announced fresh capital, in the amount of $10 million.

HealthAtom’s medilink and dentalink software suites let clinics create schedules, manage electronic health records, handle inventory, administer payroll, and provide budgeting breakdowns and regulatory filings. They also have telehealth capabilities that allow patients to access their records on a mobile device.

Provider will contact HealthAtom with information on the size of their operations and their needs and wants. After a consultation, a plan will be established and information can be transferred to the cloud platform, adhering to local regulations. According to the founders, a clinic can have its operations up and running on the system within 3 hours.

Depending on the size of the operation and local regulations a clinic can pay anywhere from $20 to $20,000 monthly. Today, HealthAtom has close to 6,500 clients across 20 countries with main operations in Chile, Colombia and Mexico. Additionally, 50 thousand doctors and dentists use the company’s services and process over 42 million appointments yearly.

“We are the point where the sales tension occurs, at an information level,” said co-founder and CEO Roberto León in an interview with TechCrunch (conducted in Spanish and translated by the author). “It is a tool that could transcend beyond the SaaS and transform us into a technology solution that has the whole ecosystem integrated to increase the transparency of health processes.”

According to a report conducted by the McKinsey Global Institute, digital adoption within healthcare systems in LatAm has catered to larger hospitals and disregarded small and medium buisinesses. Additionally, offerings available to SMBs are often less affordable and don’t provide what a clinic needs. HealthAtom wants to be a part of the solution by being the “one-stop-shop” for small and midsize healthcare clinics to run their operations.

Image Credits: HealthAtom

Although there are some local and country-specific companies providing similar services, HealthAtom remains the only LatAm-wide provider. Though the company provides a continental outreach, the founders told TechCrunch it has been a challenge to cater to every country’s regulations.

“There is regulation and compliance regarding how things are signed, how information is stored, how certain health data should be recorded,” said co-founder and CPO Daniel Guajardo. “All this has country-to-country variations and has allowed us, in these 10 years of bootstrapping, to be able to focus on having a very regionalized product.”

HealthAtom has garnered support in the form of a $10 million Series A led by Kayyak Ventures, with participation from FJ Labs, Soma, Amador, Taram and a (number) of Angels.

This round’s funds will go toward incorporating embedded payments in its software, forming partnerships with insurance companies and developing a loan program for patients.

HealthAtom empowers LatAm’s small healthcare offices with cloud-based ops by Andrew Mendez originally published on TechCrunch

NFT marketplace SuperRare cuts 30% of staff

The NFT marketplace SuperRare is cutting 30% of its staff, according to a Slack message from CEO John Crain. Crain posted a screenshot of the message on Twitter.

I have some tough news to share: pic.twitter.com/iLDKqgyhQa

— SuperRare John (@SuperRareJohn) January 6, 2023

“During the recent bull run, we grew in tandem with the market. In recent months, it’s become clear that this aggressive growth was unsustainable,” Crain wrote. “We over-hired, and I take full ownership of this mistake.”

TechCrunch reached out to Crain for comment.

SuperRare raised a $9 million Series A in March 2021, led by Velvet Sea Ventures and 1confirmation. The round also included celebrity investors like Mark Cuban, Marc Benioff and Ashton Kutcher.

SuperRare differentiates itself from competitors by focusing more closely on working with artists, but broader platforms like OpenSea were more successfully able to take advantage of the bull market. Yet even though OpenSea has managed to raise at a possibly inflated valuation of over $13 billion, it has not been immune to the downmarket. The company laid off 20% of its staff, or about 230 employees, in July.

“We know that there is still much innovation and transformation yet to come for Web3, NFTs, cryptoart, decentralized finance and governance,” Crain wrote. “We are facing headwinds, yes — but there remains an incredible uncaptured opportunity as we continue building something totally new.”

NFT marketplace SuperRare cuts 30% of staff by Amanda Silberling originally published on TechCrunch

Mojo Vision puts contact lens production ‘on hold’ as it lays off 75% of staff

We’ve met with Mojo Vision for several CESes, watching the startup’s AR contact lenses develop, year by year. These sorts of things take a lot of time and money, of course – and these days it seems increasingly difficult to find either. Today, the California -based firm announced that it is “decelerating” work on the Mojo Lens, citing, “significant challenges in raising capital.”

In an announcement posted to it site, CEO Drew Perkins blames insurmountable headwinds, including the bad economy and the “yet-to-be proven market potential for advanced AR products” in its ability to raise the necessary funding required to keep the project afloat.

“Although we haven’t had the chance yet to see it ship and to reach its full potential in the marketplace, we have proven that what was once considered science fiction can be developed into a technical reality,” Perkins writes. “Even though the pursuit of our vision for Invisible Computing is on hold for now, we strongly believe that there will be a future market for Mojo Lens and expect to accelerate it when the time is right.”

Instead of focusing on Lens, Mojo is focusing its resources on the Micro-LED technology that powers it. The company had developed a 14,000 ppi microLED display as the product’s foundation. “We believe Micro-LED will disrupt the entire $160B display industry and our unique technology puts us at the forefront of this disruption,” Perkins adds.

Along with the pivot, the company has also made a dramatic cut to head count, reducing its staff by 75%. The lays will impact roles and divisions across the startup.

Perkins adds that the Mojo may return to the project, writing,

Although we haven’t had the chance yet to see it ship and to reach its full potential in the marketplace, we have proven that what was once considered science fiction can be developed into a technical reality. Even though the pursuit of our vision for Invisible Computing is on hold for now, we strongly believe that there will be a future market for Mojo Lens and expect to accelerate it when the time is right.

The company’s most recent funding round was a $45 million Series B-1 announced a year ago tomorrow. The company declined further comment.

Mojo Vision puts contact lens production ‘on hold’ as it lays off 75% of staff by Brian Heater originally published on TechCrunch

VC deal activity fell in 2022, signaling tough times ahead

Market headwinds continue to dog startups chasing venture backing. That’s the top-level finding of a new PitchBook report that looked at VC trends toward the end of 2022, specifically Q4, including investments made at the seed, late-stage and nearing-the-exit levels.

First, the good news: “On an annual basis, angel- and seed-stage deal activity remained relatively resilient in 2022, with $21.0 billion invested across an estimated 7,261 deals,” the report said. Last year set an annual record for capital raised, in fact, with $162.6 billion closed across 769 funds — the second consecutive year to exceed $150 billion.

But the year was ultimately mixed. Q4 2022 marked the fourth consecutive quarter of declining deal counts while exit activity for the entire year fell to $71.4 billion — the first time the figure dipped below $100 billion since 2016. Acquisition volume also took a nosedive, with Q4 posting only $763 million in total acquisition deal value — the lowest quarterly value in more than a decade.

“Public exits of VC-backed companies have slowed to almost nonexistent levels, with just 14 public listings occurring in Q4, demonstrating how drastically institutional-investor appetite has been affected by rising interest rates and volatile macroeconomic factors,” the authors of the PitchBook report wrote.

Why the instability? PitchBook blames a variety of factors, including nontraditional investors slowing their capital deployment to VC amid less attractive risk/return profiles. According to the report, relative to 2021, the upside potential for VC-backed startups fell precipitously in 2022, which turned many investors away from the space.

VC deal activity fell in 2022, signaling tough times ahead by Kyle Wiggers originally published on TechCrunch

Mastercard launches web3-focused artist incubator with Polygon

Mastercard, one of the biggest financial payments providers in the world, is launching a web3-focused incubator to help artists connect with fans through a new medium, the company shared at CES 2023 on Friday.

“The core of this program is providing emerging artists with the web3 tools and skills they need to excel and advance their music careers in this digital economy,” Raja Rajamannar, chief marketing and communications officer at Mastercard, said to TechCrunch. “By providing access to experts and innovators in the space, the artists will be guided on how to incorporate web3 into their work throughout the entire program and then beyond.”

Mastercard partnered with Polygon, a scaling blockchain built on top of Ethereum, which has been making huge strides in the Web 2.0 ecosystem lately. In the past year, Polygon partnered with a number of other big brands like Starbucks for its Odyssey digital collectible rewards program and Disney for its accelerator program, while also having major clothing brands like Prada and Adidas launch NFT projects through its blockchain.

After joining the incubator, participating artists should know how to mint NFTs, represent themselves in virtual worlds and establish a community, Rajamannar said. “We see that web3 holds tremendous promise for artists and creators to create, own and monetize their content, but only if they know how to leverage it.”

This announcement points to the company’s expansion further into the digital asset world as it joined forces with a number of crypto-focused companies to launch credit cards and partnered with Coinbase to help expand the NFT ecosystem, among other things.

“This past year was big for us, with experimental web3 activations around the world,” Rajamannar said.

For example, Mastercard hosted the first Grammy week with Roblox in the metaverse, where it provided immersive activations, in-game branding, artist meet and greets, red-carpet photo opportunities and more.

In the past, high-level employees at Mastercard have been vocal about their bullish sentiments toward the crypto space.

“I feel like once you get the momentum for an institution up and running, it’s hard to get them to turn their head and pivot,” Grace Berkery, director of startup engagement at Mastercard, said at Benzinga’s Future of Crypto event in December. “So if [institutions are] going to enter, they’re going to stay in the space.”

Mastercard launches web3-focused artist incubator with Polygon by Jacquelyn Melinek originally published on TechCrunch

YouTuber Logan Paul’s CryptoZoo NFT project is a total mess

Given Logan Paul’s dubious history on YouTube, it probably doesn’t come as a surprise that his CryptoZoo NFT project has allegedly turned out to be a scam. Some investors ended up losing up to half a million dollars, according to independent YouTube reporter Coffeezilla. The development of CryptoZoo has been stalled due to alleged nonpayment of coders.

The twenty-seven-year-old Paul rose to prominence in 2013 by posting sketches on Vine; but when the short video platform shut down, he transitioned to YouTube and even fights in the WWE. In August 2021, Paul took to his YouTube podcast to announce his NFT project.

“It’s so fun. It provides a yield with a token, it can earn you money, and as a person who understands, I think, the NFT space enough to know what works, what people want and what they’re looking for, I think my game is going to make some waves,” Paul said.

Between his main YouTube channel and his podcast, Paul has around 28 million subscribers, plus another 24.6 million followers on Instagram and 16.6 million on TikTok. In other words, he had the audience necessary to generate hype around a new collection of NFTs.

Paul’s fans could buy an NFT of an egg, which hatches into an animal that is assigned one of five levels of rarity. These animals can be bred to produce more eggs that hatch hybrid animals, which also have specific rarity levels. When animals are hatched, they yield $ZOO tokens — the rarer the animal, the more it yields.

Paul promised fans that they could play games with their animals, which would eventually “enter the metaverse,” according to CryptoZoo’s product roadmap. But most of the goals on the product roadmap have not been achieved.

The independent reporter Coffeezilla released a three-part video series at the end of December, chronicling his research into what went wrong with CryptoZoo. As it turns out, Paul had employed multiple conmen to work on the project.

TechCrunch has reached out to Paul’s manager Jeff Levin for comment.

Coffeezilla interviewed Cryptozoo’s developer “Z,” who is holding the code hostage for $1 million, since he claims that Paul never paid him. In a response video, Paul claimed that “Z” is actually Zach Kelling, a convicted felon.

“I know what you’re thinking. What type of idiot would work with an unsavory individual like Zach Kelling?” Paul says in his response video. He blames this hire on Eddie Ibanez, the former lead developer of CryptoZoo. “I guess that’s what I get for trusting the team that I relied on to vet and manage Eddie’s hiring process, who has turned out to be a professional con man.”

But Ibanez’s scammy past is not new information. In February 2022, Philadelphia culture blog Billy Penn — part of the regional NPR network — reported an investigation into the tech founder’s past.

While operating a data analytics company called Zenabi in 2019, Ibanez was accused of sharing sensitive data about one of his clients, the Mormon church, with another client, the International Champions Cup. He also claimed on his website to have worked with the CIA and two NFL teams — he even said that he had a Philadelphia Eagles Super Bowl ring from their victory in 2018. But Billy Penn reported that Ibanez never even met with anyone from the Eagles until after the Super Bowl, and though Ibanez did have some meetings with the team, these conversations never turned into an actual partnership. Ibanez also claims to have studied at MIT, but the MIT News Office told Billy Penn that he was never enrolled at the university.

Then, Zenabi received a total of $1.5 million in PPP loans from the federal government. Around the same time, Ibanez’s landlord sued for $118,000 in back rent and property damage. According to a former Zenabi employee who spoke to Billy Penn, Zenabi is being investigated by the FBI about its PPP loans.

Despite a laundry list of suspicious claims, Paul continued working with Ibanez until July 2022.

This isn’t the first time that Paul has been accused of promoting crypto scams — in July 2021, he promoted the “shitcoin” called Dink Doink, which almost immediately lost all of its “value.”

Other influencers like Kim Kardashian have faced consequences for promoting crypto to their followers without the necessary disclosures. The SEC settled with Kardashian for $1.26 million over her partnership with EthereumMax. Though she wrote “#ad” at the bottom of her Instagram post, the SEC said she should have disclosed that she was paid $250,000 for the promotion.

What does the future hold for CryptoZoo? Well, nothing, until Logan Paul manages to get that code back from Zach Kelling, who Coffeezilla says fled to Switzerland. But Paul ended his response video with a promotional screen, stating that CryptoZoo is coming in 2023 or 2024.

YouTuber Logan Paul’s CryptoZoo NFT project is a total mess by Amanda Silberling originally published on TechCrunch

Netflix’s ‘Wednesday’ gets a second season

After surpassing 1.02 billion total hours viewed in the third week of its debut, Netflix’s “Wednesday” has been renewed for a second season, the company announced today.

The series originally premiered in November with eight episodes. It’s centered around the popular “Addams Family” character, Wednesday Addams (played by Jenna Ortega), as she begins her first year as a Nevermore Academy student. There, she hones her psychic ability and tries to solve a supernatural mystery that haunts the town.

Netflix tweeted the announcement alongside a video that shows a recap of season one, with Wednesday being hunted by the Monster of Nevermore Academy (a.k.a the Hyde), haunted by her ancestor, Goody, and more spooky antics. In the video, Ortega says, “Over the past few weeks, I’ve been hunted, haunted, and mimicked millions of times across the internet. It’s been pure torture. Thank you.”

(Note that this TechCrunch story contains spoilers.)

“Wednesday” Season 2 should be a shocker to no one as the first season was streamed by more than 150 million households, making it the second most popular English-language series on Netflix.

Since the Season 1 premiere, the show took the internet by storm, becoming a trending hashtag on TikTok and the culprit behind the revival of The Cramps song, “Goo Goo Muck.” It also managed to earn two Golden Globe nominations, a noteworthy accomplishment for a family-friendly title. Fans can tune into the award ceremony next Tuesday, January 10, to see if the comedy series gets a Thing-friendly thumbs up or not.

Needless to say, many Netflix subscribers will be pleased to watch another round of adventures from their favorite outcasts and freaks.

“We can’t wait to dive headfirst into another season and explore the kooky, spooky world of Nevermore,” the co-showrunners of “Wednesday,” Miles Millar and Alfred Gough, said in an interview to Tudum, the official Netflix blog. “It’s been incredible to create a show that’s connected with people across the world. We’re thrilled to continue Wednesday’s torturous journey into Season 2.”

Millar also pointed to the season one finale as a hint of what viewers can expect in the next season. For those that watched the finale, we know that Wednesday gets a text from an unknown stalker, signifying that threat of the Hyde still remains.

“[The stalker proves] that threats remain out there… to both Wednesday and the school,” Millar added. “Not all not loose ends have been tied up neatly as she thinks they have.”

A release date for Season 2 has yet to be revealed. Hopefully, we’ll soon find out what awaits for the characters of Nevermore.

Netflix’s ‘Wednesday’ gets a second season by Lauren Forristal originally published on TechCrunch

Pin It on Pinterest