Daily Crunch: Chase and DoorDash launch new co-branded loyalty rewards credit card

Have we said we love you lately? Well, we do. It’s March and spring is coming. Inhale and check the snow smell? Damn, what’s with this weather?

Enough about that, let’s move on to the tech news. — Kristina AND hahaha

TechCrunch Top 3
Here’s a delightful acknowledgment: If you’re a fan of DoorDash and credit card rewards, the delivery giant now has its own Chase credit card. There are actually some nice perks to being a cardholder, but we allow it aisha tell you more
Elon Musk’s Favorite Day: If this lands in your inbox, it may have already happened, but today is Tesla Investor Day. Kirsten has his inside scoop on how to watch and what to expect.
Better late than never: Revolut’s 2021 annual report is here, and that despite it Roman writes that 2021 is a while ago, the report included exciting news for the company, including that it was the financial app’s first full year of profit. 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 electric bicycle, along with a variety of new charging accessories that will make transporting pets or groceries on the road a breeze.

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

Another handful for you, with less bike capacity than you would expect with the previous introduction.

Dear Sophie, what are my options for changing my L-1 visa status?

Dear Sofia,

I started working on VOTE-OPT for my current employer, but lost the H-1B lottery four times. Fortunately, my employer transferred me to an international office and I am now returning to the US on an L-1 visa.

I have 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 according to my employer’s internal policies.

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

– Stubborn assignee

Three more from the TC+ team:

TechCrunch+ is our membership program that helps startup founders and teams stay ahead of the competition. You can register here. Use the code “DC” to get 15% off an annual subscription!

big tech inc.

If you’re looking for fun reading and a reason to vent, look no further. bagToday’s article. Zack spoke to an unnamed former Microsoft executive who had to overcome many obstacles to get his life back on track after his mailing address changed.

Kyle has a trio of stories about what else? – Open AI. 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 standard customer data to train its models.

Now let’s get to the show:

Don’t break the chains: Chainlink doesn’t want to abandon Web 2.0 in favor of web3, so the new platform allows web3 projects to connect to Web 2.0 systems like AWS and Meta, jaquelyn reports.
Something to consider: software consulting firm Thoughtworks has laid off about 500 employees, or about 4% of its global workforce, amid an ongoing downturn. farewell he is writing
tweet: Some Twitter users have been breaking schedules lately, and Ivan went to find out why. Speaking of Twitter, Sara has some details about the Bluesky Twitter alternative, now available as an invite-only app on the App Store.
A boon for Biden?: The U.S. House of Representatives foreign affairs committee voted in favor of a bill that would give Biden the power to ban TikTok. Amanda have more.
Salesforce Saga: Elliott Management, one of five activist investors in Salesforce, nominated its own list of nominees for the Salesforce board, Ron reports.