Tesla faces lawsuit after ‘hundreds’ of racial discrimination claims – TechCrunch


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Hello and welcome to the Daily Crunch on Thursday, February 10, 2022! Trying new things is always risky, but I wanted to say thank you to everyone who came out today to watch Equity’s taping live. To be continued: Found, next Thursday! – alexander

Top 3 Tech Crunch

  • Investing in the digital territory: Spun off from alternative asset crowdfunding platform Republic, Everyrealm has just raised $60 million to become the “gateway to the entire metaverse ecosystem.” Having visited virtual lands for the past few weeks, I’m slightly skeptical of the maturity of the metaverse (more here, here), but you have to hand it to the crypto team at Andreessen Horowitz – they have some convictions.
  • Chinese tech working conditions criticized after worker’s death: Once hailed by US venture capitalists, working conditions at some Chinese tech companies are under fire after a “25-year-old man who monitored content at Chinese video streaming site Bilibili died suddenly on Feb. 5 over New Year’s Eve. Chinese,” reports TechCrunch. It’s not the first time this has happened.
  • Risky Tech Stocks: A searing US inflation report has fueled expectations that the US Federal Reserve will tighten rates sharply this year. Stocks sold out. Tech stocks may be even more risky than other stocks – although not everyone agrees with this perspective.

Startups/VCs

  • Respira Labs raises $2.8 million: Respiratory care startup Respira Labs has raised $1 million in funding and $1.8 million in grants to “continue to develop its acoustic resonance technology to assess lung function and its changes,” reports TechCrunch. The hardware is tough, but it sounds like an idea worth pursuing.
  • Astra launch fails to reach orbit: SpaceX isn’t the only company working to make cheaper transit to space a reality. Astra is another company in the fight, but its latest launch — and its first in Florida — didn’t go well. A few small satellites were lost. Hardware is tricky, especially when you have rockets involved.
  • OnlyFans 🤝 NFT: In the wake of Twitter bringing NFT (PFP, if you’re cool) profile pictures to its service, other companies are following suit. OnlyFans is the last, although we expect it won’t be the last. At this point, any joke I might make would fall on the censors, but I guess NSFW content and blockchains must have merged at some point.
  • Which will come first: self-driving cars or VTOL consumer travel? A handful of technologies have been discussed for a long time, but still remain somewhat out of reach. Self-driving cars may be close to commercial viability. But what about vertical take-off aircraft that could “reinvent regional air transport”? Well, with $12.4 million in new capital, Odys Aviation (formerly Craft Aerospace) wants to rise to the challenge. Place your bets.
  • $130 million more for BNPL: The buy now, pay later craze always attracts buckets of ducks. This is the news from the French startup Alma, which is attacking the European payment market. The company also got $109 million in debt, which makes sense given its product. All BNPL startups make bets on consumer spending, which makes them macro-sensitive, right? Just think out loud.

And because I exist to test the patience of my editors, if crypto companies are going to spend so much money, can we at least have an 11th F1 team?

Dear Sophie: How can start-ups compete to attract talent?

Tesla faces lawsuit after 'hundreds' of racial discrimination claims - TechCrunch

As a first-time startup founder, I struggle to compete with other startups when it comes to compensation.

We’ve had some interest from people who need visas or apply for green cards, but paying government and legal fees would be overkill for us.

Any advice for reducing the cost of recruiting abroad?

— Junior Founder

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

Big Tech inc.

  • How Peloton pedaled in a ditch: TechCrunch Haje Kamps has a great article on the site today chronicling Peloton’s epic rise during the pandemic and its full-speed coast after people started going back outside. We doubt it’s the last company to suffer from post-pandemic turmoil – such as it is.
  • Apple tackles AirTag harassment: Any technology can be misused and should be designed to prevent potential misuse. But we humans keep forgetting that lesson and so keep relearning it over and over again. Apple, at least, will be working on its AirTags product to help keep people safe.
  • Disney+ shows solid growth: Let’s play a game. Guess how many Disney+ subscribers there are today. Do you have your opinion? Good. Did you guess closer to 10 million or 100 million? In fact, Disney+ just added “11.8 million new subscribers last quarter to reach 129.8 million,” TechCrunch reports. It’s more than I expected, at least.
  • Android 13 is here for developers: Android fans, good news. The next major version of your mobile operating system has reached the development testing stage.
  • The status of self-driving tests: TechCrunch’s transit team has been kicking around lately, which means we’re keeping our eye on the intersection of technology and getting around like never before. The Wheels and Dollars team noted today that “fewer companies tested self-driving vehicles on California’s public roads last year than the year before – and yet they drove nearly twice as kilometers traveled”. So is it good or bad? Rebecca Bellan note that surviving players tend to be Big Tech companies, so it’s a bit hard to tell.
  • Tesla sued over racial discrimination claims: Citing “hundreds” of worker complaints, Tesla’s Fremont factory is being sued for “alleged racial discrimination and harassment”. The California Department of Fair Employment and Housing states that “Black workers face racial slurs and discrimination in work assignments, discipline, compensation, and promotion, creating a hostile work environment.”



Tech

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