Citing improved manufacturing efficiencies, Ford chops its F-150 Lightning EV base price

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( Monday, July 17, 2023 Today’s top story is about Ford’s significant price cut to its F-150 Lightning electric pickup. [See how much](. Designing websites can take as long as you want to take. But Wix doesn’t think customers want to spend that much time creating entire websites. [Learn how its new tool helps you do it from prompts](. Meanwhile, Microsoft isn’t eager to talk about how Chinese hackers stole a key that enabled them to hack into certain U.S. federal agencies. [However, the company is opening up a little bit](. If you’re looking for a crypto card, Gnosis launched a Visa card that lets you spend self-custody crypto in Europe. It’s coming soon to the U.S. and Hong Kong. [It’s the best of both worlds](. And robotics firm [Figure]( already announced that its humanoid officially took its first steps, and now it has some new backing from a top company. [Find out more](. [ image] Image Credits: Ford More top reads [Not without my permission](: Meta was temporarily banned from running behavioral advertising on Facebook and Instagram in Norway unless it obtains users’ consent to the processing. [Get paid](: Thunes pockets $72 million at an over $900 million valuation to expand its cross-border, B2B payment platform. [Clickety clack](: We have a review of the OnePlus 81 Pro mechanical keyboard. See also Corsair is [buying]( mechanical keyboard maker Drop. [Going cashless](: Lee Fixel’s Addition leads a $6 million seed round into Egyptian fintech Flash, helping people go cashless through QR codes. [More companies losing their keys](: JumpCloud says nation-state hackers breached its systems. Speaking of breaches, [if cybersecurity isn’t recession-proof, what is?]( (TC+) “[Unwavering optimism](”: TLV Partners raises a new $250 million fund amid civil unrest in Israel. [See her](: Herself Health, founded by former Amazon Care lead Kristen Helton, raises $26 million to provide primary care to women 65 and over. [This one probably won’t mow over the competition](: The $2,899 EcoFlow Blade robotic mower disappoints with shoddy hardware and software. [It’s best to know when to say when](: While founders don’t often want to separate themselves from the company they birthed, some realize that’s the best thing to do for the company to succeed. In this TechCrunch+ story, one founder talks about when he knew it was time to replace himself as CEO. Speaking of new CEOs, [Tubi appoints Vimeo’s Anjali Sud]( as its new CEO. More for your Monday: [Rocket Lab aiming to advance Electron reusability with tonight’s launch]( [Virgin Galactic gearing up for second commercial suborbital flight in August]( [India’s Furlenco to sell 35% stake for $36.5 million]( [A tale of two climate tech SPACs]( (TC+) [Artiphon’s latest mashes Orba and Instrument 1 into a clever new music maker]( [More top reads image] Image Credits: Getty Images [All money is not created equal: What raising venture debt looks like]( In an excerpt from his new book, All Money Is Not Created Equal, Runway Growth Capital CEO/founder David Spreng gives TC+ readers a vivid explanation of how venture debt is raised. From the breezy intro meeting all the way through “confirmatory due diligence,” this article describes the process from the lender’s side of the table. Some good news: you won’t need a new pitch deck, and venture debt lenders “don’t have a problem with” signing NDAs, says Spreng. “I would estimate that everything I’ve outlined above should take about four to five weeks from our first phone call,” he writes. “That means you’d probably have a term sheet by Week 5.” [TechCrunch+]( is our membership program that helps founders and startup teams get ahead of the pack.[You can sign up here](. Use code “DC” for a 15% discount on an annual subscription. [Read More]( [All money is not created equal: What raising venture debt looks like image] Image Credits: Phil Ashley / Getty Images Get your TechCrunch fix IRL. Join us at Disrupt 2023 in San Francisco this September to immerse yourself in all things startup. From headline interviews to intimate roundtables to a jam-packed startup expo floor, there’s something for everyone at Disrupt. Save up to $600 when you buy your pass now through August 11, and save 15% on top of that with promo code DC.[Learn more](. [ image] [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [CAD (SOLIDWORKS) Application Engineer - Flexible Work Environment at MLC CAD Systems (Houston, TX, USA)]( - [Chief of Staff at Groupbook (Fort Lauderdale, FL, USA)]( - [Java Developer at Midwest Tape (Holland, OH, USA)]( - [Information Technology Architect at Valley Water (San Jose, CA, USA)]( - [Senior Full Stack Developer (.NET) at AAOS (Rosemont, IL, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $200 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103