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Daily Crunch 4/29/23

TechCrunch Daily Crunch

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First Republic Bank's Shares Drop by Nearly 50%

First Republic bank shares plunged by nearly 50% Friday, ratcheting pressure on the troubled bank and adding to its mounting market confidence woes. Brave just announced that it is now exclusively using its own index for its search engine. Reddit announced Thursday that it is testing Discord-like chat channels with select subreddits. Luca, a startup building price planning and prediction tools for retailers has closed a $2.5 million seed round.

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