Monthly Archives: November 2020

News: Walmart’s PhonePe zips past Google Pay in India as UPI tops 2B monthly transactions

UPI, a four-year-old payments infrastructure built by India’s largest banks, surpassed 2 billion transactions last month, exactly a year after hitting the 1 billion monthly transactions milestone. Driving the transactions for UPI — which has become the most popular digital payments method in India thanks to its open architecture that allows interoperability among all participating

UPI, a four-year-old payments infrastructure built by India’s largest banks, surpassed 2 billion transactions last month, exactly a year after hitting the 1 billion monthly transactions milestone.

Driving the transactions for UPI — which has become the most popular digital payments method in India thanks to its open architecture that allows interoperability among all participating payments apps — are Walmart’s PhonePe, Google Pay, Paytm, and Amazon Pay.

But for the first time in more than a year, Google Pay did not drive the most volume of UPI transactions. PhonePe recorded 835 million UPI transactions in October, it said, while Google Pay hit about 820 million, according to people familiar with the matter.

Paytm recorded about 245 million transactions, while Amazon Pay settled with about 125 million, the people said.

In a statement, PhonePe confirmed that it assumed the “market leading position” with about 40% of all UPI transactions last month. Google and Paytm did not immediately respond to a request for comment.

BHIM UPI has managed to change the face of person-to-person and person-to-merchant money transfers in the past few years while making them safer and more secure. #BHIMUPI #UPIChalega #DigitalPayments @dilipasbe pic.twitter.com/INjptjBEf7

— BHIM (@NPCI_BHIM) November 1, 2020

TechCrunch could not determine how many unique monthly transacting users these payments firms have amassed in the country. In May, Google Pay had about 75 million transacting users, ahead of 60 million of PhonePe and 30 million of Paytm.

Unlike Google Pay, both Paytm and PhonePe also operate a wallet service. The wallet service is not powered by UPI. PhonePe said overall it processed 925 million transactions last month and had over 100 million monthly active users.

PhonePe has recently seen a surge in its transactions as more offline shops open and merchants and consumers opt for a digital alternative to complete transactions. The app has also added a range of financing services, including 600,000 insurance policies, it said.

“We are on a mission to make digital payments a way of life for every Indian citizen, and our next target is to cross 500 million registered users by Dec 2022. In line with our brand ethos of ‘Karte Ja. Badhte Ja,’ (Hindi for keep working and growing) we continue to launch new and innovative products for every strata of Indian society, as well as enable digital payment acceptance across every merchant in every village and town in India,” said Sameer Nigam, chief executive and founder of PhonePe, in a statement.

India’s mobile payments market is estimated to reach $1 trillion by 2023, according to Credit Suisse. More players are expected to join the race. WhatsApp, which has over 400 million users in India, started testing UPI payments on its app in 2018. It remains stuck in a regulatory maze, however, which has prevented it from rolling out WhatsApp Pay to most of its users in the country.

News: Raspberry Pi Foundation announces the cute little Raspberry Pi 400

This is the Atari 400 Raspberry Pi 400. The Raspberry Pi Foundation is launching a new product today — and it’s a brand new device. As you can see on the photo, the Raspberry Pi 400 is a computer integrated in a compact keyboard that costs $70. And it is the easiest way to get

This is the Atari 400 Raspberry Pi 400. The Raspberry Pi Foundation is launching a new product today — and it’s a brand new device. As you can see on the photo, the Raspberry Pi 400 is a computer integrated in a compact keyboard that costs $70.

And it is the easiest way to get started with a Raspberry Pi. If you’re not familiar with the Raspberry Pi, it’s a single-board computer with a lot of connectors that is the size of a deck of cards.

You can give it to a kid so that they can play around with a terminal, you can use it for your weekend projects as the computing brain or you can give it to your grandparents to replace their slow Windows XP computer that they use to receive emails.

Last year, when the Raspberry Pi Foundation introduced the Raspberry Pi 4, the foundation also used this opportunity to release a cute mouse and a keyboard. Of course, you could use these accessories with a Raspberry Pi. And your basic setup would look something like this:

Image Credits: Romain Dillet / TechCrunch

Those are great goodies for Raspberry Pi fans. And yet, there are many, many keyboard and mouse manufacturers out there. Building their own mouse and keyboard didn’t really make sense.

It turns out that the Raspberry Pi Foundation had another idea in mind. The Raspberry Pi 400 is essentially the exact same keyboard — but with an integrated Raspberry Pi. Their next project has been sitting there right in front of us for the past year.

Raspberry Pi 400 (top) and Raspberry Pi keyboard (bottom). Image Credits: Romain Dillet / TechCrunch

The Raspberry Pi Foundation has already sent me a Raspberry Pi 400 to try it out. While many of my colleagues are excited about the PlayStation 5 and the Xbox Series X, I was also really excited about receiving this new device.

Because, yes, the Raspberry Pi 400 (or, as TechCrunch’s Brian Heater called it, the PiStation) looks really cute. You plug a couple of cables and you’re ready to go. As far as I can see, it’s a fanless device so it doesn’t make any sound when it’s on.

Image Credits: Romain Dillet / TechCrunch

Putting a computer inside a keyboard is nothing new. You could even say that personal computers started this way. Back in the 1980s, you could plug your computer-in-a-keyboard to your TV and get started right away.

At some point, computers became more complicated. You had to buy a computer tower, a display, a mouse, a keyboard, etc. Laptops reversed this trend by packing everything you need in one device. But laptops aren’t perfect either.

The Raspberry Pi 400 is a great device for kids. In many ways, it’s much more powerful than a Chromebook. You can learn a lot more about computers and you feel less restricted in what you can do.

I could see it in schools, at home in the play room or on a shelf waiting to be plugged to a display. This is a great way to get started playing around with computers.

Image Credits: Romain Dillet / TechCrunch

It gets more interesting when you think about older kids. Many people have said that closed schools have been particularly challenging this year, especially because you don’t necessarily have enough computers for everyone in your home.

If your kid is old enough to get a smartphone, that doesn’t mean they have a comfortable setup for remote classes. The Raspberry Pi 400 is a cheap device that could fill that gap. Moreover, the Raspberry Pi 400 could be a good way to separate school from leisure activities (and social networks).

Now let’s talk about specifications. The Raspberry Pi 400 is pretty similar to a Raspberry Pi 4, but not exactly. It has an ARM-based system on a chip (64-bit quad-core ARM Core-A72 at 1.8GHz for those who are curious). It comes with 4GB of RAM, Wi-Fi, Bluetooth 5.1, Bluetooth Low Energy and Gigabit Ethernet.

When it comes to ports, you get two micro-HDMI ports, which means that you can plug two 4K displays in case you really need a lot of screen real estate. There are two USB 3.0 ports, one USB 2.0 port and a USB-C port for the power brick.

Like other Raspberry Pi devices, it uses microSD cards for the operating system and to store your data. You can use Raspberry Pi Desktop, a Debian-based Linux operating system, or a third-party operating system, such as Ubuntu.

There are different models with UK, US, French, Italian, German and Spanish keyboard layouts. In addition to the $70 device, you can buy the Raspberry Pi 400 kit with a mouse, a power supply, a micro-HDMI to HDMI cable, a pre-formatted microSD card and the official beginner’s guide for $100. It should be available in the coming days.

Image Credits: Romain Dillet / TechCrunch

News: Warren gets $1.4 million to help local cloud infrastructure providers compete against the giants

Started as a side project by its founders, Warren is now helping regional cloud infrastructure service providers compete against Amazon, Microsoft, IBM, Google and other tech giants. Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. It recently closed

Started as a side project by its founders, Warren is now helping regional cloud infrastructure service providers compete against Amazon, Microsoft, IBM, Google and other tech giants. Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. It recently closed a $1.4 million seed round led by Passion Capital, with plans to expand in South America, where it recently launched in Brazil.

Warren’s seed funding also included participation from Lemonade Stand and angel investors like former Nokia vice president Paul Melin and Marek Kiisa, co-founder of funds Superangel and NordicNinja.

The leading global cloud providers are aggressively expanding their international businesses by growing their marketing teams and data centers around the world (for example, over the past few months, Microsoft has launched a new data center region in Austria, expanded in Brazil and announced it will build a new region in Taiwan as it competes against Amazon Web Services).

But demand for customized service and control over data still prompt many companies, especially smaller ones, to pick local cloud infrastructure providers instead, Warren co-founder and chief executive officer Tarmo Tael told TechCrunch.

“Local providers pay more attention to personal sales and support, in local language, to all clients in general, and more importantly, take the time to focus on SME clients to provide flexibility and address their custom needs,” he said. “Whereas global providers give a personal touch maybe only to a few big clients in the enterprise sectors.” Many local providers also offer lower prices and give a large amount of bandwidth for free, attracting SMEs.

He added that “the data sovereignty aspect that plays an important role in choosing their cloud platform for many of the clients.”

In 2015, Tael and co-founder Henry Vaaderpass began working on the project that eventually became Warren while running a development agency for e-commerce sites. From the beginning, the two wanted to develop a product of their own and tested several ideas out, but weren’t really excited by any of them, he said. At the same time, the agency’s e-commerce clients were running into challenges as their businesses grew.

Tael and Vaaderpass’s clients tended to pick local cloud infrastructure providers because of lower costs and more personalized support. But setting up new e-commerce projects with scalable infrastructure was costly because many local cloud infrastructure providers use different platforms.

“So we started looking for tools to use for managing our e-commerce projects better and more efficiently,” Tael said. “As we didn’t find what we were looking for, we saw this as an opportunity to build our own.”

After creating their first prototype, Tael and Vaaderpass realized that it could be used by other development teams, and decided to seek angel funding from investors, like Kiisa, who have experience working with cloud data centers or infrastructure providers.

Southeast Asia, one of the world’s fastest-growing cloud markets, is an important part of Warren’s business. Warren will continue to expand in Southeast Asia, while focusing on other developing regions with large domestic markets, like South America (starting with Brazil). Tael said the startup is also in discussion with potential partners in other markets, including Russia, Turkey and China.

Warren’s current clients include Estonian cloud provider Pilw.io and Indonesian cloud provider IdCloudHost. Tael said working with Warren means its customers spend less time dealing with technical issues related to infrastructure software, so their teams, including developers, can instead focus on supporting clients and managing other services they sell.

The company’s goal is to give local cloud infrastructure providers the ability to meet increasing demand, and eventually expand internationally, with tools to handle more installations and end users. These include features like automated maintenance and DevOps processes that streamline feature testing and handling different platforms.

Ultimately, Warren wants to connect providers in a network that end users can access through a single API and user interface. It also envisions the network as a community where Warren’s clients can share resources and, eventually, have a marketplace for their apps and services.

In terms of competition, Tael said local cloud infrastructure providers often turn to OpenStack, Virtuozzo, Stratoscale or Mirantis. The advantage these companies currently have over Warren is a wider network, but Warren is busy building out its own. The company will be able to connect several locations to one provider by the first quarter of 2021. After that, Tael said, it will “gradually connect providers to each other, upgrading our user management and billing services to handle all that complexity.”

News: Tencent claims record 100M daily users on mobile game Honor of Kings

At its five-year anniversary gala graced by celebrities, esports stars and orchestras, Tencent’s mobile game Honor of Kings said it has crossed 100 million daily active users. The title has not only broken user records but generated other unprecedented accomplishments along the way. For one, it consistently ranks among the top-grossing mobile games worldwide, jostling

At its five-year anniversary gala graced by celebrities, esports stars and orchestras, Tencent’s mobile game Honor of Kings said it has crossed 100 million daily active users. The title has not only broken user records but generated other unprecedented accomplishments along the way.

For one, it consistently ranks among the top-grossing mobile games worldwide, jostling with PUBG Mobile made by another Tencent studio Lightspeed & Quantum — gaming has long been the cash cow for Tencent, better known for its WeChat messenger. The brain behind Honor of Kings is TiMi Studios, which ramped up hiring in the U.S. this year to further global expansion.

The game is credited for popularizing the multiplayer online battle arena (MOBA) category in China using clever designs like short sessions, friendly controls, esports integration, and social networking leverage, as games analyst Daniel Ahmad pointed out. The title has an unusually high female player base — around 50% — for a genre dominated by males.

TiMi focused on creating a MOBA that was tailored to the expectations of mobile players. Which included shorter session lengths, touch friendly controls and automated systems.

The game is great for beginners to the MOBA genre, but still requires skill to master. Broad appeal. pic.twitter.com/mSqMOKBEIc

— Daniel Ahmad (@ZhugeEX) November 1, 2020

Though not always seen as an original creator, Tencent pioneers monetization models for mobile games and can be Western studios’ sought-after partner. To name one, it helped develop the mobile version of Activision’s Call of Duty, which surpassed 250 million downloads in June.

Controversy has also arisen amid Honor of Kings’ fervor. A state newspaper chastised it for hooking young users and misrepresenting historical events. Tencent has since tightened age verification checks for players, now standard practice in China’s gaming industry.

TiMi unveiled its milestone at a time when Riot Games is testing a mobile version of League of Legends, widely seen as the desktop blockbuster that had inspired Honor of Kings in the first place. The overseas edition of Honor of Kings, called Arena of Valor, has had limited success outside Asia. It now comes the time for Riot, fully acquired by Tencent in 2015, to test its own interpretation, Wild Rift.

As part of the announcement, TiMi also revealed that it’s capitalizing on Honor of Kings for IP derivative works, including two new games in unspecified new genres, an anime, and a TV series.

News: Startup brands like the shoe company Thousand Fell are bringing circular economics to the fashion industry

Thousand Fell, the environmentally conscious, direct-to-consumer shoe retailer which launched last November, has revealed the details of the recycling program that’s a core component of its pitch to consumers. The company, which has now sold enough shoes to start seeing its early buyers begin recycling them after ten months of ownership, expects to recycle roughly

Thousand Fell, the environmentally conscious, direct-to-consumer shoe retailer which launched last November, has revealed the details of the recycling program that’s a core component of its pitch to consumers.

The company, which has now sold enough shoes to start seeing its early buyers begin recycling them after ten months of ownership, expects to recycle roughly 3,000 pairs per quarter by 2021, with the capacity to scale up to 6,000 pairs of shoes.,

The recycling feature, through partnerships with United Parcel Service and TerraCycle, offers customers the option to avoid simply throwing out the shoes for $20 in cash that the company pays out upon receipt of the old shoes.

With the initiative, Thousand Fell joins a growing number of companies in consumer retail that are experimenting with various strategies to incorporate reuse into the life-cycle of their products. Nike operates a reuse a shoe program at some of its stores, which will collect used athletic shoes from any brand for recycling. And several companies are offering denim recycling drop-off locations to take old jeans and convert the material into other products.

What’s more, Thousand Fell’s recycling partner, TerraCycle, has developed a milkman model for reusing packaging to replace consumer packaged goods like dry goods, beverages, desserts and home and beauty products under its Loop brand (and in partnership with Kroger and Walgreens).

Across retail, zero waste packaging and delivery options (and companies emphasizing a more sustainable, circular approach to consumption) are attracting increased interest from investors across the board, with everyone from delivery companies to novel packaging materials attracting investor interest.

 

“Thousand Fell owns the material feeds and covers the cost of recycling, as well as the resale or reintegratoin of recycled material back into new shoes and the issuance of the $20 recycling cash that is sent back to the consumer once they recycle,” wrote Thousand Fell co-founder Stuart Ahlum, in an email.

Clothing and textiles account for 17% of all landfill waste and shoes are particularly wasteful. Shoes account for 10% of retail production capacity but about 25% of textile waste, according to Ahlum.

The company sells its environmentally friendly shoes for under $100, a price point that makes them more accessible to price-conscious consumers, according to Ahlum.

Through the program UPS will run shipping for the Thousand Fell sneaker recycling program and making its network of shipping locations — including within Staples stores — available for drop-off of Thousand Fell’s shoes.

With TerraCycle, Thousand Fell will ensure that the old sneakers will be sustainably recycled and diverted from landfills. UPS’ Ware2Go business is also providing fulfillment and warehousing services for Thousand Fell, the companies said in a statement earlier this week.

Meanwhile, TerraCycle and Thousand Fell are developing a closed loop process where old sneakers will be reintegrated into the supply chain to make new sneakers.

Through Thousand Fell, shoe buyers can track their purchase history and the carbon footprint of their sneakers at the company’s website — and register their sneakers once they’ve received them. The registration allows customers to initiate the recycling process at a drop off location or directly shipping their shoes back to TerraCycle.

“This enterprise partnership between UPS, TerraCycle, and Thousand Fell is the reverse logistics engine that powers the circular economy. It solves the critical problem of collecting worn products back from customers — at scale and at cost,” Ahlum wrote in an email.

News: GAIA Design has raised more capital to become the West Elm of Mexico

Designing higher end furniture for Mexico’s rising middle and upper-middle class consumers has netted the Mexico City-based GAIA $15 million in a new round of funding. The bridge round will take the company through to a much larger capital raise planned for 2021 as the company capitalizes on the growth of e-commerce in Mexico. A

Designing higher end furniture for Mexico’s rising middle and upper-middle class consumers has netted the Mexico City-based GAIA $15 million in a new round of funding.

The bridge round will take the company through to a much larger capital raise planned for 2021 as the company capitalizes on the growth of e-commerce in Mexico.

A 2019 report from JP Morgan put the e-commerce market in Mexico at around $22.6 billion, and that’s with online sales only accounting for just 1.7% of the overall retail market. JP Morgan expects the market to increase at a 12.6% growth rate annually.

As with everything else, the COVID-19 pandemic has accelerated the adoption of digital services as the country’s population looks to practice safe social distancing and reduce the spread of the virus. For those consumers who can afford to shop online — even for high value products like furniture — they are, according to GAIA chief executive Philippe Cahuzac.

At GAIA the new funding will be used to add new features to the company’s online service, including consultations with interior designers, the development of curated looks, and the ability for customers to create design sketches and visualizations for products in the home. The company expects to also double down on its sales and marketing efforts with the new cash.

GAIA’s funding also helps extend the company’s vision of supporting small and medium-sized Mexican furniture producers through financial products, training and revenue management tools and educational offerings.

With its investment, IDB Invest joins existing investors in the company including Rise Capital, Capital Invest, VARIV
Capital, French Partners, FJ Labs, and Warby Parker co-founder David Gilboa .

Launched by Raffaello Starace, Hassan Yassine, and Cahuzac the company started as an online retailer exclusively, but now has expanded to 15 showrooms in Monterrey, Mexico City, Guadalajara, Puebla and Queretaro.

“We want to offer a branded and frictionless urban experience to the modern Mexican consumer,” said Cahuzac in a statement. “In five years we built the leading digital player in the home category in Mexico.”

News: WeWork employees used an alarmingly insecure printer password

A shared user account used by WeWork employees to access printer settings and print jobs had an incredibly simple password — so simple that a customer guessed it. Jake Elsley, who works at a WeWork in London, said he found the user account after a WeWork employee at his location mistakenly left the account logged

A shared user account used by WeWork employees to access printer settings and print jobs had an incredibly simple password — so simple that a customer guessed it.

Jake Elsley, who works at a WeWork in London, said he found the user account after a WeWork employee at his location mistakenly left the account logged in.

WeWork customers like Elsley normally have an assigned seven-digit username and a four-digit passcode used for printing documents at WeWork locations. But the username for the account used by WeWork employees was just four-digits: “9999”. Elsley told TechCrunch that he guessed the password because it was the same as the username. (“9999” is ranked as one of the most common passwords in use today, making it highly insecure.)

The “9999” account is used by and shared among WeWork community managers, who oversee day-to-day operations at each location, to print documents for visitors who don’t have accounts to print on their own. The account cannot be used to access print jobs sent to other customer accounts.

Elsley said that the “9999” account could not see the contents of documents beyond file names, but that logging in to the WeWork printing web portal could allow him to release other people’s pending print jobs sent to the “9999” account to any other WeWork printer on the network.

The printing web portal can only be accessed on WeWork’s Wi-Fi networks, said Elsley, but that includes the free guest Wi-Fi network which doesn’t have a password, and WeWork’s main Wi-Fi network, which still uses a password that has been widely circulated on the internet.

Elsley reached out to TechCrunch to ask us to alert the company to the insecure password.

“WeWork is committed to protecting the privacy and security of our members and employees,” said WeWork spokesperson Colin Hart. “We immediately initiated an investigation into this potential issue and took steps to address any concerns. We are also nearing the end of a multi-month process of upgrading all of our printing capabilities to a best in class security and experience solution. We expect this process to be completed in the coming weeks.”

WeWork confirmed that it had since changed the password on the “9999” user account.

News: Is fintech’s Series A market hot, or just overhyped?

While we are encouraged by the progress the industry has made to return to “normal,” the market for Series A fintech remains challenging for the vast majority of startup founders.

Ryan Falvey
Contributor

Ryan Falvey is co-founder and managing partner at Financial Venture Studio, an early-stage fintech venture capital firm.
More posts by this contributor

Theo Katsoulis
Contributor

According to industry reports, venture capital deal-making has notably rebounded since dropping off briefly in March as shelter-in-place orders gripped much of the country.

As seed-stage fintech investors, this has certainly been our experience: “Hot” deals are getting funded faster than ever, and we increasingly see the large multistage global funds competing for the earliest access to companies. However, in our experience and anecdotal conversations with other early-stage investors, that excitement has not been translating to the Series A stage.

We’ve increasingly wondered if the Series A market in fintech is really as hot as it seems. As pre-seed and seed-stage investors, we know that the health of the Series A market is of critical importance.

In early October 2020, the Financial Venture Studio put together a brief survey of the Series A market in fintech and shared it with more than 100 investors with whom we work closely. Despite the high-level numbers indicating a healthy market, our research indicates a market that remains in flux, with significant ramifications for early-stage founders.

Why Series A is so interesting

Although the seed and pre-seed fintech market continues to attract substantial entrepreneurial and investor interest, it is also in some ways one of the easiest parts of the market to fund. The check size is smaller, the velocity of new deals is highest, and while the potential returns are also the highest, this is also the part of the market where information is most scarce. Perhaps counterintuitively, the fact that there is so little information on a business — aside from a plan, a team and maybe some early anecdotal evidence to support the vision — actually makes it easier to “pull the trigger” on deals where those data points align. There just often isn’t a lot more to dig into.

Similarly, by the time a company is raising Series B capital, they typically have some objective evidence that the idea is working. Companies are typically generating revenue, small teams have grown and become more sophisticated in how they operate, and importantly, the governance functions of a company have (hopefully) begun to take shape. The simple existence of a board member with invested capital at stake means that some of the more existential risks of the earliest stage have been mitigated.

In contrast, one of the big milestones for any startup has been to raise a Series A from an institutional investor. Besides an infusion of capital (which is often 2-3x the aggregate capital a company may have raised since its inception), this “stamp of approval” lends credibility to a small company that is trying to hire talent, sell to customers, and, in most cases, raise substantial subsequent capital.

Thus, it’s critical that Series A investors remain active; if not, many of these upstart companies may fail due to a lack of investment, even if they are able to demonstrate early market traction. The Series A funding market is one of — if not the most — critical funding stage in the innovation economy because it acts as a bridge between scrappy early innovation and commercialization at scale.

It stands to reason, then, that dollar amounts invested may not be the best barometer of the ecosystem’s health. What really matters is the volume of companies being funded and the variety of product approaches being pursued.

The post-COVID Series A

Once the initial shock of the pandemic wore off, the VC community had to get back to business, which admittedly is harder to do for funds that write $10 million+ checks and like getting to know founders in person. Still, Series A investors made it a point to let entrepreneurs know they were, and continue to be, “open for business.”

As investors have gotten more comfortable with the new normal, they have been more open to a virtual diligence process. Of the firms we surveyed, only 15% stated they have not completed a Series A investment during COVID-19 work restrictions. Of the firms who completed a Series A investment during COVID-19 (~85%), about half invested in a company whose founder(s) they had a limited or no relationship with prior to the onset of shelter-in-place orders.

The shift to a virtual environment means that process is more important than ever. Numerous investors have cited their renewed focus on following a structured approach to sourcing and diligence. The interpersonal aspect remains important to close a deal, but customer references, referrals from trusted seed-stage investors and a heightened scrutiny of metrics are all at the forefront of investors’ evaluations.

News: Original Content podcast: Bill Murray’s charm can’t hide the sadness of ‘On the Rocks’

“On the Rocks,” a new film on Apple TV+, focuses on a troubled marriage between Laura (a writer played by Rashida Jones) and Dean (a startup executive played by Marlon Wayans). When Laura begins to suspect Dean of cheating on her, she turns to her father Felix (Bill Murray) for help. The film reunites Murray

“On the Rocks,” a new film on Apple TV+, focuses on a troubled marriage between Laura (a writer played by Rashida Jones) and Dean (a startup executive played by Marlon Wayans). When Laura begins to suspect Dean of cheating on her, she turns to her father Felix (Bill Murray) for help.

The film reunites Murray with his “Lost in Translation” director Sofia Coppola. It can feel feather-light at times, thanks to his seemingly effortless charm — it’s hard to resist Felix when he’s singing to a bar full of strangers or devouring caviar during an impromptu stakeout. But the script and performances also make it painfully clear that he’s let Laura down as a father, and that her disappointment hasn’t gone away.

As we discuss on the latest episode of the Original Content podcast, we loved watching beautifully shot footage of Murray and Jones in classic New York City bars and restaurants. We were, however, a bit less satisfied with the ending, which doesn’t really do justice to all the thorny emotional issues that the film raises.

In addition to reviewing “On the Rocks,” we also discuss Netflix’s imminent U.S. price increase and the new trailer for the pandemic thriller “Songbird”.

You can listen to our review in the player below, subscribe using Apple Podcasts or find us in your podcast player of choice. If you like the show, please let us know by leaving a review on Apple. You can also follow us on Twitter or send us feedback directly. (Or suggest shows and movies for us to review!)

And if you’d like to skip ahead, here’s how the episode breaks down:
0:35 “Emily in Paris” listener response
4:50 “Songbird” trailer discussion
9:14 Netflix price discussion
15:50 “On the Rocks” review
33:00 “On the Rocks” spoiler discussion

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