Daily Crunch: Chase and DoorDash Deliver New Co-Branded Credit Card With Loyalty Rewards

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Have we told you we love you lately? Well we do. Because it’s March and spring is almost here. Inhale and on the <überprüft Notizen>-Pay attention to the smell of snow? My goodness, what’s going on with this weather?

Enough of that, let’s get on with the tech news. — Christine And hey

The TechCrunch Top 3

  • That’s delicious credit: If you’re a fan of DoorDash and credit card rewards, the delivery giant now has its own credit card co-branded with Chase. There are indeed some nice perks that come with being a cardholder, but we allow it aisha tell you more
  • Elon Musk’s favorite day: If this hits your inbox, it may have already happened, but today is Tesla Investor Day. Kirsten has your inside information on how to watch and what to expect.
  • Better late than never: Revolut’s 2021 annual report is here, namely Romain writes that 2021 has been a while, the report provided some exciting news for the company, including that it was the finance app’s first full year of earnings. Open the champagne!

Startups and VCs

Rad Power Bikes focuses on popularizing electric utility bikes for the consumer market. Rebecca reports that the company today launched its next-generation RadRunner 3 Plus e-bike along with a host of new cargo accessories that will make it easier for riders to take pets or haul groceries along the way.

Speaking of e-bikes: the e-bike market in America is getting a bold new player. After closing $7.4 million in Series A funding, Velotric announced this week that it will double US expansion with its privately owned e-bikes. Rita reports.

Another handful for you, with less bike content than you might expect from the intro above.

Dear Sophie, What are my options to change my status from an L-1 visa?

lone figure at the entrance to the hedge maze that has an American flag in the middle

Photo credit: Bryce Durbin/TechCrunch

Dear Sophie,

I started working at my current employer at STEM-OPT, but I’ve lost the H-1B lottery four times. Luckily, my employer transferred me to an international office and I am now coming back to the US on an L-1 visa.

I’ve heard many complaints from my classmates about not being able to change employers on an L-1 visa. I can’t imagine staying with my employer for another six years, which is the estimated time before I can get a green card based on my employer’s internal policy.

What are my options for changing my immigration status so I can work at a startup in the US within a year or two?

— Tenacious taker

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and start-up teams stay ahead of the competition. Here you can sign up. Use code “DC” for 15% off an annual subscription!

BigTech Inc.

If you’re looking for a fun read and a reason to let out a scream of eek, look no further than Zacktoday’s article. Zack spoke to an unnamed former Microsoft executive who had to jump through many hurdles to get his life back on track after his postal address changed.

kyle has a trio of stories about – what else? — OpenAI. Two are some new features, including the Whisper API for text-to-speech transcription and translation and the API for ChatGPT, while the third reports that OpenAI no longer uses customer data to train its models by default.

Now the show continues:

  • Don’t break the chains: Chainlink doesn’t want to leave Web 2.0 behind in favor of web3, so its new platform allows web3 projects to connect to Web 2.0 systems like AWS and Meta, Jaquelyn reports.
  • Something to think about: Software consultancy Thoughtworks laid off about 500 employees, or about 4% of its global workforce, amid the ongoing slowdown. Jagmeet writes.
  • tweet: Some Twitter users had been breaking schedules lately, and Ivan went to find out why. Speaking of Twitter, Sarah has some details on the Twitter alternative Bluesky, which is now available as an invite-only app on the App Store.
  • A blessing for Biden?: The US House of Representatives’ Foreign Affairs Committee has voted in favor of a bill that would give Biden the power to ban TikTok. amanda has more.
  • The Salesforce Saga: Elliott Management, one of five activist investors within Salesforce, has nominated his own list of candidates for Salesforce’s board of directors, Ron reports.

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