Say it with me: ~ community ~ Community became a buzzword in the startup space after it got super expensive to buy an audience from social networks. I will now go take 17 virtual supplements to avoid getting a virus. IRL is a social app, while AaBeZe does “digital nutrition.” Hell yeah, tech being weird. And then startups started to have names like Vertical SaaS 4 Ur Industry, and it all got a bit corporate. Because there was a time when app names made no sense. IRL buys AaBeZe Labs: This story makes me happy. That or founding your own company to do the damn work. The best revenge is living well, they say. Timnit Gebru gets the last laugh: Following her high-profile exit from Google, former Alphabet AI ethicist Gebru “has set up shop herself with a brand new research institute, DAIR, focused on the topics she felt were being sidelined at Google,” TechCrunch reports. Perhaps we should do some sort of Best of TechCrunch collection and see if Apple News picks it up. It feels a bit anachronistic that Apple picks favorites each year, a bit like the Grammys, if the Grammys also owned the music marketplace. I would not have anticipated that a mobile League of Legends game would win the iPhone gaming prize. Guess who won App Store Awards: No really, guess. 
Despite stocks rising in the United States, the Nasdaq-listed Grab shed around 20% of its value, at least as I write this to you. And then, despite raising oodles of capital and avoiding the poison of shareholder redemptions, shares of Grab still ate it hard today.
Grab goes public, quickly sheds value: The Grab SPAC was supposed to be a crowning moment of sorts for the company.Anyways, got access to half its SPAC money early and then laid off 9% of its staff. Not only is it bad PR - and it definitely is - it’s also just an awful thing to do. shows how not to fire people: Here’s a small tip: If you announce that you have raised or otherwise managed to access hundreds of millions of dollars, don’t fire a bunch of your team right afterward.Maybe the news slowdown will come next week? Here’s hoping! – Alex The TechCrunch Top 3 Hello and welcome to Daily Crunch for December 2, 2021! There’s a lot going on. To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m.
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