Daily Crunch: For the second quarter in a row, millions of subscribers dropped Disney+ Hotstar.

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Happy Thursday, Crunchers! It’s an exciting time to be a tech reporter, with lots of exciting stories coming down the pipeline. So let’s get to it! Hasta Manana, Christine And came

TechCrunch’s Top 3

• The house that Mickey builtDisney+ dropped nearly 4 million subscribers in the second quarter, the second time in a row. Manish It took a deep dive into its revenue and found that much of it could be attributed to Disney’s Hotstar losing 8.4 million subscribers. Oh, and Disney+ and Hulu are set to merge into one app later this year. Lauren Reports.
• Can you see the correction?: Manish He also reported on SoftBank’s Vision Fund, which lost $32 billion. He said this comes amid a year of declining valuations for startups, writing earlier this year that SoftBank had gone into “defensive mode.”
• Drivers on the stormPeloton is recalling millions of exercise bikes citing faulty assembly after reports of injuries. Kyle It has more.

Startups and VCs

Most US-based tech investors know how to angelist and map out the marketplace for small-ticket investors. In Europe, Germany’s Bunch and the UK’s Vaban (which was bought by US-based Karta last year) have tried to do the same. But the back story of this, though it started several years ago, is Angelist’s struggle with the European regulatory environment. Mike He wonders if Odin could be Europe’s answer to AngelList.

In the past, having a corporate blog and some paid content was the core of your marketing department’s content efforts, and that was enough. But with big companies like Salesforce and HubSpot launching their own full media arms, it might be time to rethink your content strategy. AudiencePlus wants to help every company run its own media platform, and today the company announced a $5.4 million seed investment. Ron Reports.

Another surprise of the highlights and lowlights:

• For LL.M. Less LSDThe author has introduced a product that helps to reduce content in LLMs Ron.
• Headphones that can be properly repaired: Natasha L Fairphone reports that the audio group needs to be repaired using over-ear BT headphones.
• Hospitals, but Amazon-ierMediShout wants to bring Amazon-like efficiency to hospital operations, according to reports Paul.
• Hello, this is the pre-crime section.Eversen raised more than $70 million for AI tech to detect retail theft Kyle.
• That’s a pass from me, thanksInspired by Tinder, Kala dares to swipe left on useless meetings, reports Harry.

Cracking the M&A Code: 5 Things That Can Make (or Break) a Deal

A merger or acquisition is the beginning of a new relationship, which is why many people approach the exit with optimism.

But all is not rosy in the M&A world, said Frank Roy, CEO of SmartBear, which has completed eight acquisitions in less than five years.

“It is a complex and very risky decision, not for the faint of heart. It is important to approach the decision and process with diligence and forethought.”

In this TC+ guest post, he shares “Five Important Factors to Consider for a Successful M&A Journey,” reminding readers that there is “no ‘secret formula’.”

Three more from the TC+ team:

• Finally, a polite “question” slide: came He’s back with a brand new pitch deck: Fibery’s $5.2M Series A deck.
• Don’t call it a comeback. Or, perhaps, do: High interest rates are fueling fintech’s return story, he wrote Alex.
• We are bound in chains; Let’s work together: Jacqueline He argues that crypto needs a global perspective to build better regulatory models.

TechCrunch+ Our membership program helps founders and startup teams stay ahead of the pack. You can register here.. Use code “DC” for 15% off annual subscription!

Big Tech Inc.

Natasha L Everything you need to know and about the series of votes this morning in the European Parliament where MEPs backed reforms related to transparency and safety rules for generative AI.

Meanwhile, Amanda He reported a move that started on Twitter and culminated in a book on Amazon 3. No, it’s not another book in the “Fifty Shades of Grey” saga — it’s a recommendation from “Bigolas Dickolas,” and we suggest you stop what you’re doing and read it.

And we have five more for you:

• Come in to get closerCanon’s PowerShot V10 is an itty-bitty, toddler-weeny camera that’s up to vloggers, according to reports. came.
• Do not kill this messengerBecause Meta is doing it for us by killing the Messenger app for the Apple Watch. Aisha Reports.
• welcome to KyleTedTalkToday, he discusses the growing list of text-generating AI, particularly how AI2 is developing a large language model optimized for science.
• Secrets, secrets are no fun unless it’s on Twitter: Ivan He wrote that Twitter’s new encrypted DMs for authenticated users have some security issues.
• Step on the EV pedalHyundai Motor plans to invest $2.45 billion in India over the next nine years to grow the EV ecosystem. Jagmet It has more.

DailyCrunch: For Second Quarter in a Row, Millions of Subscribers Drop Disney+ Hotstar By Christine Hall was originally published on TechCrunch.

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