Daily Crunch: Falling short of analysts' estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

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Folks, we’ve got some really sad news for you. The weekend is here, which means that you have to stop working for a couple days. We know, it’s a tragedy. But don’t worry, Monday is only two short weekend days away, and then you can get back to the grindstone.

Black History Month continues! Originally published in 1975, For Colored Girls Who Have Considered Suicide/When the Rainbow Is Enuf is a magnificent, passionate, and fearless story of what it meant to be a woman of color in the 20th century.  Well worth a read — or seek it out onstage!

Much love and hugs and such, Christine and Haje

​​The TechCrunch Top 3

• Money, money, money…must be funny: Warner Bros. Discovery revealed that it lost another $2.1 billion in the fourth quarter. This is despite the success of shows like “The Last of Us” on HBO and games like “Hogwarts Legacy.” Lauren explains more.

• Fashion layoffs: Secondhand apparel marketplace Poshmark is now laying off employees just two months after being acquired by Naver, Kate reports.

• Another brick in the wall: Ron explains why a possible U.S. Department of Justice lawsuit over competition could derail the pending $20 billion Adobe-Figma deal.

Startups and VC

The truth of the matter is that Mobile World Congress (MWC) was never a consumer tech show, per se, but the participation of various smartphone makers transformed it into a handy launching pad. Brian explores in What we expect from MWC 2021.

In the face of conscripted co-founders and blacked-out bunkers, Ukraine's tech industry marches on. Mike explores how, a year on from Russia’s invasion, Ukrainian startups show astounding resilience.

And we have five more for you:

• Pay, pay pay: Telecom giant Airtel eyes a stake in Paytm, by Manish.

• Buy, buy, buy: Rebuy is out to change the customer buying experience, one personalization at a time, Christine reports.

• Deb, dev, dev: Alchemy launches a tool that enables devs to start building dApps within 4 minutes, Jacquelyn reports.

• Ai, ai, AI:  Natasha L reports how Voicemod tools up with $14.5 million to ride the generative AI (sonic)boom.

• Pic, pic, pic: South Africa’s Envisionit Deep AI gets $1.65 million to expand access to medical imaging, reports Annie.

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