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By
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Christine Hall
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Friday, June 09, 2023
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Today, we have news on another big medical data breach in the U.S., cultivated bacon got some VC backing and Apple’s Vision Pro delights China. I will be OOO next week, but I have a treat for you, Daily Crunchers: Haje Kamps is filling in for me. Now let’s get on with your Daily Crunch for Friday.
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<h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
Boy do you like reading about security breaches
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<span style="font-weight: 400">
Two of our biggest stories today involved data being exposed. First, find out which company is picking up the pieces after hackers stole nearly half a million people’s personal and health information from one of its vendors.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Get the scoop
</span>
</a>
<span style="font-weight: 400">
. Then read about how a security lapse exposed the personal data of Shell Recharge users.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Read more
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
Vision Pro Delight
</b>
<span style="font-weight: 400">
: Apple’s Vision Pro is giving China’s XR world a boost.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Find out more
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
For those times when that wireless signal sucks
</b>
<span style="font-weight: 400">
: It shouldn’t mean you can’t get your favorite tunes.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Spotify has you covered with an offline mix
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
I love bacon in the summer when it sizzles
</b>
<span style="font-weight: 400">
: Higher Steaks has a new name and lots of new capital for its cultivated bacon product.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Read more
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
Won’t take “yes” for an answer
</b>
<span style="font-weight: 400">
: Meta didn’t like a Kenyan court’s ruling that content moderators are considered employees.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Learn what the company is doing about it
</span>
</a>
<span style="font-weight: 400">
. In other Meta news, it’s got tools, lots and lots of tools.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
See Meta’s new generative AI tech tools
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
In other cyber news
</b>
<span style="font-weight: 400">
: Find out who the U.S Department of Justice believes is responsible for
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
hacking the Mt. Gox crypto exchange
</span>
</a>
<span style="font-weight: 400">
.
</span>
<span style="font-weight: 400">
Meanwhile, Barracuda Networks is telling customers to remove and replace vulnerable hardware that was exploited by hackers.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Find out more
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
Q&A
</b>
<span style="font-weight: 400">
: Given
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Sequoia’s spinoff news
</span>
</a>
<span style="font-weight: 400">
this week, hear what Erik Lassila of Peakview Capital, a VC once backed by a Chinese investment firm,
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
had to say about diversifying investor bases
</span>
</a>
<span style="font-weight: 400">
.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
</span>
</a>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
Would you watch a movie made entirely in AI?
</b>
<span style="font-weight: 400">
: That concept might be closer than you think. Runway’s Gen-2 will turn texts and images into video, but also shows the limitations of today’s technology.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
See for yourself if it passes muster
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
Finally, something for free
</b>
<span style="font-weight: 400">
: Disney’s Hotstar will offer free mobile cricket streaming in India to take on Reliance’s JioCinema.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Learn more
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
Lettuce in, it’s cold out here!
</b>
<span style="font-weight: 400">
: Nocnoc inks $14 million to help global sellers break into the world of cross-border e-commerce in Latin America.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Read more
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
Here comes the sun
</b>
<span style="font-weight: 400">
: Forget that Apple Vision Pro, what you want is a VR headset for reading books.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Get the scoop
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
Ultimatum
</b>
<span style="font-weight: 400">
: Lordstown Motors plans to sue its one-time savior Foxconn if this certain thing isn’t done.
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Find out more
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<b>
A-I didn’t know this
</b>
<span style="font-weight: 400">
: In the “Age of AI,” you need to know the lingo. Lucky for you, here’s
</span>
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
everything you need to know about artificial intelligence
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<strong>
And here is some additional weekend reading:
</strong>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Better.com lays off real estate team and shutters business unit
</a>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Teaser’s AI dating app turns you into a chatbot
</a>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Netflix sees jump in subs as it begins to curb password sharing in US, says report
</a>
</p>
</td>
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</td>
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<![endif]-->
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<td align="center" bgcolor="#f4f4f4" class="mobile-padding" height="100%" style="padding: 10px;" valign="top" width="100%">
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<table border="0" cellpadding="0" cellspacing="0" width="100%">
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<h2 style="text-align: left; font-size: 25px; color: #777; margin: 0;">
<a style="color: #777; text-decoration: none" target="_blank">
Harness the potential of generative AI
</a>
</h2>
<h3 style="margin: 0; margin-top: 6px; margin-bottom: 8px; color: #14c435; font-family: Helvetica, Arial; font-size: 20px; font-weight: normal;">
Sponsored by
<a style="color: #14c435; text-decoration: none" target="_blank">
PwC
</a>
</h3>
<p style="font-family: Helvetica, Arial; text-align: left; color: #333; font-size: 19px; line-height: 27px; margin: 0; margin-bottom: 15px">
<a style="font-family: Helvetica, Arial; text-align: left; text-decoration: none; color: #333; font-size: 19px; line-height: 27px; margin: 0; margin-bottom: 15px" target="_blank">
Generative AI is transforming business. Explore the capabilities and learn how PwC can help reinvent your business and lead with trust.
</a>
</p>
<p style="text-align: left; color: #333; font-size: 19px; font-weight: bold; line-height: 26px; margin: 35px 0 15px;">
<a style="background: #777; color: white; padding: 12px 18px; text-decoration: none" target="_blank">
Learn More
</a>
</p>
</td>
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</td>
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</table>
</td>
</tr>
</table>
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</td>
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</table>
<![endif]-->
</td>
</tr>
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<td align="center" bgcolor="#f4f4f4" class="mobile-padding" height="100%" style="padding: 10px;" valign="top" width="100%">
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<![endif]-->
<table align="center" border="0" cellpadding="0" cellspacing="0" style="max-width:600px;" width="100%">
<tr>
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<table border="0" cellpadding="0" cellspacing="0" width="100%">
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<table border="0" cellpadding="0" cellspacing="0" width="100%">
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<h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
<a style="color: #14c435; text-decoration: none" target="_blank">
How well are SaaS, e-commerce, fintech and health tech startups doing in 2023?
</a>
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<span style="font-weight: 400">
Airport runways are built to international standards, but they’re also designed for the locations they serve. Startup runways are similar: healthcare and fintech are facing different headwinds, which means founders in these sectors manage their cash differently.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<span style="font-weight: 400">
According to Healy Jones, who oversees financial analysis and planning for Kruze Consulting, average startup runway length was 23.4 months in January 2023, up from 19.6 months in 2019.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<span style="font-weight: 400">
“However, the average can hide some important nuances,” he notes.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<span style="font-weight: 400">
In a report that crunched spending, revenue and runway data from more than 700 startups in health tech, fintech, e-commerce and SaaS between 2021 and 2022, he found that early-stage companies are slashing spending on everything from office rent to hiring.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<span style="font-weight: 400">
Four more for Friday:
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Pitch Deck Teardown: CulturePulse’s $1M seed deck
</span>
</a>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
GM and Ford could help spark a charging standards war by teaming up with Tesla
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
Robinhood’s decision to limit crypto trading makes good sense
</span>
</a>
<span style="font-weight: 400">
.
</span>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<span style="font-weight: 400">
What’s being built in generative AI today?
</span>
</a>
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
<i>
<span style="font-weight: 400">
TechCrunch+
</span>
</i>
</a>
<i>
<span style="font-weight: 400">
is our membership program that helps founders and startup teams get ahead of the pack.
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</i>
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You can sign up here
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<span style="font-weight: 400">
. Use code “DC” for a 15% discount on an annual subscription.
</span>
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<p style="text-align: left; color: #333; font-size: 19px; font-weight: bold; line-height: 26px; margin: 35px 0 15px;">
<a style="background: #14c435; color: white; padding: 12px 18px; text-decoration: none" target="_blank">
Read More
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<img alt="How well are SaaS, e-commerce, fintech and health tech startups doing in 2023? image" class="img-max" src="https://inboxflows.com/_/image/https%253A%252F%252Ftechcrunch.com%252Fwp-content%252Fuploads%252F2023%252F06%252FGettyImages-1356573427.jpg%253Fw%253D680/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0ZWNoY3J1bmNoLiJ9:1q7kCM:FGXcW5-ocovOJVuyoSu_YXQl7RZcz87shQkBwwD-2dQ" style="display: block; font-family: sans-serif; font-size: 16px; color: #fff; height: auto;" width="600"/>
<p style="font-size: 12px; color: #c6c6c6; font-weight: bold; padding-left: 20px; padding-right: 20px">
Image Credits: Vitalij Sova / Getty Images
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<em>
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.
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<img alt=" image" class="img-max" src="https://inboxflows.com/_/image/https%253A%252F%252Ftechcrunch.com%252Fwp-content%252Fuploads%252F2023%252F05%252FTC-Disrupt-23-General-Article-Image-Header-1920x1080-3-1.png%253Fw%253D680/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0ZWNoY3J1bmNoLiJ9:1q7kCM:FGXcW5-ocovOJVuyoSu_YXQl7RZcz87shQkBwwD-2dQ" style="display: block; font-family: sans-serif; font-size: 16px; color: #fff; height: auto;" width="600"/>
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Newest Jobs from Crunchboard
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<ul style="font-family: Helvetica, Arial; font-weight: normal; font-size: 19px; color: #333; line-height: 1.5em; padding-left: 20px; margin-bottom: 20px;">
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Senior Software Tester at Braintrust (Anywhere)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Backend Developer at Braintrust (Anywhere)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Web Designer for Wireframes (Mobile) at Braintrust (Anywhere)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Senior Frontend Engineer at Prismatic (United States)
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</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
ADMINISTRATIVE ASSOCIATE at Catalyst California (Los Angeles, CA, USA)
</a>
</li>
</ul>
<p style="margin-top: 50px; margin-bottom: 30px; text-align: center; font-family: Helvetica, Arial;">
<a style="color: #14c435; text-decoration: none; font-size: 22px; font-weight: bold;">
See more jobs on CrunchBoard
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Post your tech jobs
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and reach millions of TechCrunch readers for only $200 per month.
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2 years ago - newsletter@techcrunch.com
Ransomware hackers stole medical, personal data on 500K patients from IT vendor
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