Amazon will end Cloud Cam service in December and offer Blink Mini customers for free – TechCrunch

For a preview of the biggest and most important stories from TechCrunch delivered to your inbox every day at 3:00 PM PDT, subscribe here.

Oh hey and happy Tuesday, the very last day of May 2022! Tomorrow, for our City Spotlight series, we’re focusing on Columbus, Ohio. We are also hosting a pitch-off with startups in the Columbus area. If you want to register for the event, here is the handy linky-link that will give you all the information you need! — haje and Christina

TechCrunch’s top 3

  • Amazon pulls out Cloud Cam in the big electronic house in the sky: It was kind of a Big Tech day today, and the first is Amazon, which informed Cloud Cam users that it will no longer support the device. You might remember that Cloud Cam was one of Amazon’s first home security devices back in 2017, that is until it acquired both Ring and Blink less than a year later. Amazon is ending the service this year, and “Cloud Cammers” will receive a free mini Blink and a one-year subscription for their issues.
  • Apple’s iOS 16 leak: Our other Big Tech story is about news from Apple ahead of its WWDC event on June 6th. involve widgets. And Sarah hope Apple does something about Focus Mode as well.
  • Crypto may have payment problem: Could there be a disconnect between Andreessen Horowitz’s take on the usefulness of cryptocurrency today and how people are still paid in emerging countries? Anna lays out his argument for why the bullish crypto of a16z may be a bit premature in these regions.

Startups and VCs

Two new funds were announced this morning; haje covered Hannah Grey’s first $52 million fundfocusing on customer-centric founders, and Christina took a look at Bonfire Ventures, which raised a pair of funds, totaling $230 milliontargeting B2B software startups.

Aside from some new backgrounds, there were a few busy days on the site over the long weekend, so let’s hog truffle hunting and dig our noses:

  • Hello, world (he says Hello World): I’m quite intrigued by the startup Kyle overcast this morning; Mintlify uses AI to automatically generate documentation based on source coderaising $2.8 million to do so.
  • Go on! Go on! Go on: Also from KyleRailway raised $20 million to facilitate the deployment of software for applications and services.
  • (data) sharing is (data) benevolent: Vendia, a blockchain-based platform that makes it easier for companies to share their code and dataannounced today that it has raised $30 million in Series B, Frederic reports.
  • I didn’t see this one coming: Seemplicity comes out of stealth with $32 million in funding for a platform it says will help security teams assess and respond security threats, Ingrid reports.
  • They totally bought it: Onramp Funds, an Austin-based company that provides financing to e-commerce sellers, secured $42 million in equity and credit expand its working capital offer, Christina reports.
  • So fast it’ll make your head spin: Swvl went public a few months ago, and announced today that it is laying off almost a third of its workforce, Tags writing.
  • You need your can of Coke how fast?!: Looks like Indonesia is enjoying life in the fast lane, with Rita reporting that 15-minute grocery delivery startup Astro just closed a $60 million round.

Market research firm ETR reached out to 1,200 IT managers who oversee a collective annual IT budget of around $570 billion to learn more about their planned spending over the coming year.

Although year-over-year spending is only expected to grow 6.7%, “the need for experienced IT staff has accelerated and demand for hiring in the space has peaked we’ve ever seen,” ETR chief analyst Erik Bradley wrote.

(TechCrunch+ is our membership program, which helps founders and startup teams grow. You can register here.)

Big Tech inc.

  • Payment installments are “in progress”: If you didn’t already know, and thanks to a new partnership between Affirm and Stripe, consumers will see more “buy now, pay later” options when checking out. Although no specific number was written, Mary Ann indicates that the new offer applies to “businesses that use Stripe’s payment technology,” that is, millions. And, with the The BNPL space as competitive as it isit certainly gives Affirm a new revenue stream to work with.
  • Netflix password issues or ‘whoas’, both apply: There seems to be some confusion in Peru around Netflix’s new account sharing policy. For Netflix, that meant anyone using someone’s account in the same building. However, a recent investigation has brought to light two things: first, some subscribers in Peru were not informed of the additional charges before being charged, and second, Netflix’s own customer service agents said they did not fully understand the new policy and helped subscribers get around. this. Netflix hopes to roll out the policy this year, but perhaps it needs to clarify some things first.
  • TikTok has secretly created a new feature; let’s see what happens: For those of you who don’t like all the words above your TikTok videos, relief comes in the form of a new feature being tested called “clear mode”. When engaged, it eliminates those pesky usernames, captions and audio information, and in some cases like, comment and share buttons, for what Aisha noted would be “a completely distraction-free viewing experience”.

Margie D. Carlisle