Roblox

Jumping into a flatpacked, chipboard room wasn’t my usual experience of the U.K.’s legendary Glastonbury Music Festival. But here I was, doing my best to dance around and test out…

How did this tiny startup put live, moving people into a full-blown 3D landscape instantaneously?

Roblox CTO Dan Sturman talks about how the company is building tools for developers, the challenges of building a tech stack for the masses and its foray into virtual currency.

Roblox beefs up its developer tools as it looks to a future beyond games

After a lengthy crypto bull run, the startups and projects in the space are reining in expectations and settling in for a long-haul crypto winter. It’s been a particularly tough…

Get ready for a lot of dead DAOs

A social network of virtual pocket worlds with a daily user base roughly the size of Spain’s population, Roblox is ubiquitous among kids 13 and under and mostly mystifying to…

Roblox is getting a major visual makeover (but don’t freak out)

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Bored Apes founders on their plans for Otherside metaverse

After seemingly pulling off the strangest unicorn success story in tech, the founders of NFT project Bored Ape Yacht Club (BAYC) have an awful lot to prove with their startup Yuga‘s early beta vision of the metaverse, a gaming platform called Otherside. Few entertainment startups have had this level of…

Bored Apes founders on their plans for Otherside metaverse

Kids and teens are now spending more time watching videos on TikTok than on YouTube. In fact, that’s been the case since June 2020 — the month when TikTok began…

Kids and teens now spend more time watching TikTok than YouTube, new data shows

Roblox has picked up a key hire to help grow its ecosystem of user-generated content for the metaverse. Nick Tornow is joining the company as VP of Engineering for its…

Roblox hires former Zynga CTO to build out its developer team

BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months.…

Metaverse app BUD raises another $37M, plans to launch NFTs

If meme stocks can be a thing, what’s to stop audio meme sharing from going viral!? Hoping to storm the ear-bending arena of social audio and win friends amid the…

Voicy wants to pwn gamers with audio memes

Andreessen Horowitz is launching a new vertical fund exclusively focused on opportunities in the games industry. The new $600 million fund brings a pool of dedicated capital and a new…

Andreessen Horowitz debuts $600 million fund for games investments

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Startup that transforms real-world items into NFTs raises $6.9M seed round

Spotify announced today it will become the first music streaming brand to have an official presence within Roblox, with the launch of “Spotify Island,” a place where artists and fans…

Spotify becomes first music streamer to launch on Roblox

Hello readers, and welcome back to Week in Review! Last week, I talked about Apple and crypto. This week, we’re talking about Apple clashing with Meta over their metaverse taxes.…

Metaverses grapple with Meta versus Apple

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues…

This Week in Apps: TikTok partners with Giphy, new rules for reader apps, Roblox sides with Apple

Okta says 366 corporate customers, or about 2.5% of its customer base, were impacted by a security breach that allowed hackers to access the company’s internal network. The authentication giant…

Okta says hundreds of companies impacted by security breach

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Tiger Global is earning its stripes in Africa

You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year, the New York-based firm, known for its famous bets on Stripe, JD.com, Meituan and…

Tiger Global is earning its stripes in Africa

After reports that women were already being groped and sexually harassed in Meta’s new VR spaces, Horizon Worlds and Venues, the company formerly known as Facebook last month rolled out…

Meta to allow Horizon Worlds users to turn their avatar’s personal safety boundary off

A new job posting from Roblox hints that the company’s loose plans to expand to Sony’s gaming console are getting much closer to becoming a reality. The listing seeks a…

The PlayStation version of Roblox is materializing

Meta, formerly known as Facebook, today showed off a prototype of an AI system that enables people to generate or import things into a virtual world just by using voice…

Mark Zuckerberg demos a tool for building virtual worlds using voice commands

The latest corporate results are telling us that the pandemic is over, from a business perspective. This is critical for startups to understand.

Welcome to the post-pandemic economy, startups

A true “metaverse” may not yet exist, but that hasn’t stopped marketers from adopting the buzzword to promote their apps and games on mobile app stores. According to new data…

Over 500 mobile apps are now using the term ‘metaverse’ to attract new users

South Korean internet conglomerate Naver Group continues to ride the hottest internet trends targeting young users. It has been the name behind messaging giant Line and popular selfie app Snow.…

South Korea’s Naver Z launches $100M fund for metaverse creators

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Banking app Current amps up its savings rate to 4.00% APY

The creator of one of the earliest and most enduringly iconic virtual worlds is returning to his roots. Second Life’s founder Philip Rosedale will rejoin the company he founded in…

Second Life’s creator is returning to advise the original metaverse company

The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by…

Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year

There’s still a haze of uncertainty surrounding blockchain games, so we reached out to several active investors in to get a clearer picture of where opportunities exist today and what…

Blockchain gaming survey: 7 investors discuss regulation, opportunities and NFT hype

On December 8, Roblox’s Chinese version LuoBuLeSi, published and operated by Tencent, abruptly closed down its server five months after it launched on iOS and Android. Many users, taken by…

Roblox pauses service in China as it takes ‘important transitory actions’

Let’s talk about public offerings now that the IPO season is essentially behind us. 

What 2021’s IPO pops tell us about future flotations and SPACs

No, the secular shift to online shopping will not reverse. But it is also seemingly reverting to slower growth rates.

Black Friday data adds to evidence e-commerce growth is slowing

How could Tencent not jump on the metaverse bandwagon when Facebook is hinging its future on the new buzzword? At this stage, Tencent’s approach seems more measured than Facebook’s $10 billion…

Tencent shares its metaverse vision for the first time