I'm reading TechCrunch regularly before entering the startup scene. Nowadays, I'm not reading it like before.
TechCrunch may provide misleading information for some. But when you're in a "startup" situation, you know will know what is right and what to believe in.
On other side, TechCrunch may mislead you, but they can be a good source of inspiration. They are talking about acquisitions, fundings, and successes. Why not use them as your inspiration? Strive hard, to achieve those.