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Tuesday, July 19, 2022
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It’s hot all over the world, and even hotter in today’s newsletter. We’ve procured a steaming pile of TechCrunch deliciousness for you to devour. If you can believe it, it is only Tuesday. —
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The TechCrunch Top 3
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<strong>
Well that’s one way to do propaganda
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: The search engine giant Google was hit with $375 million by Russia for failing to take down certain content,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ivan
</a>
writes. Much of it was on YouTube and was related to the country’s invasion and subsequent war with Ukraine. The fine came a month after Roskomnadzor, Russia’s telecommunication watchdog, warned the company it could face penalties for violating local laws.
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Blossoming business
</strong>
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: Bloom, a Sudan-based fintech, banked $6.5 million by a gaggle of investors, including Y Combinator, GFC and Visa. In particular, the partnership with Visa landed Bloom as the first Sudanese startup to get admitted into Visa’s Fintech Fast Track program,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Tage
</a>
reports.
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<strong>
Streaming and shopping
</strong>
</a>
: Or in this case, streaming
<em>
while
</em>
shopping. YouTube and Shopify have teamed up to enable YouTube creators to link their stores and display their products across their channel and leverage Shopify’s real-time inventory syncing,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Aisha
</a>
writes. This is part of YouTube’s rollout of new shopping features.
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The 2022 IT Superhero Awards!
</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">
Connection
</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">
Connection wants to know who’s the unsung IT Superhero you just can't live without. Nominate your IT Superhero and the winners will be announced on 10/20. All nominations must be in by Aug 31.
</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>
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Startups and VC
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Crunchbase lists almost 1,400 unicorns, but on TechCrunch+,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Alex
</a>
wonders
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
how many unicorns are just ponies now?
</a>
It’s a question worth asking, as
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Instacart takes a serious haircut
</a>
.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Also, a bunch of new funds announced again today.
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Jacquelyn
</a>
reports that
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Tribe Capital raised $25 million to launch a crypto incubator program
</a>
.
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
AM Ventures raised $100 million for industrial 3D printing
</a>
, writes
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Haje
</a>
. And
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Valkyrie looks to raise $30 million for its new crypto VC arm
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Anita
</a>
writes.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Go on, then, here’s a few more stories (and
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
some delightfully weird music
</a>
by Cosmo Sheldrake to go with it):
</p>
<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">
<strong>
Ramp ramps rev growth
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Mary Ann
</a>
reports that
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ramp reports accelerating revenue growth
</a>
, showing that fintech companies with good product-market fit still have plenty of growth in them.
</li>
<li style="margin-bottom: 8px">
<strong>
OnlySims
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
A first for OnlyFans, the platform invests in U.K. creator Chloe Sims and her sisters
</a>
, reports
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Lauren
</a>
.
</li>
<li style="margin-bottom: 8px">
<strong>
Like a museum, but on the blockchain
</strong>
: Despite his usual misgivings for crypto tech, we spot
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Haje
</a>
covering a rare blockchain story, about
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Arkive, and its building of the world’s first decentralized museum
</a>
.
</li>
<li style="margin-bottom: 8px">
<strong>
Resourceful Humans:
</strong>
On TechCrunch+,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kyle
</a>
reports that
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
investors remain bullish on HR tech
</a>
as the Great Resignation slows.
</li>
<li style="margin-bottom: 8px">
<strong>
Shift happens
</strong>
: Persephone Biosciences is a biotech startup that —
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
with the help of $15 million and a lot of poop
</a>
— is building a library of the human microbiome that could do everything from easing digestion to fighting serious disease, reports
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Devin
</a>
.
</li>
<li style="margin-bottom: 8px">
<strong>
⬛⬛⬛
</strong>
<strong>
for
</strong>
<strong>
⬛⬛⬛
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kyle
</a>
reports that Strac, a company that automatically redacts sensitive info on Slack, OneDrive, and other platforms, raised
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
$3.5 million seed investment
</a>
.
</li>
</ul>
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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">
Can Medicare save the insurtech market?
</a>
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
In 2020, the U.S. spent nearly 20% of its GDP on healthcare. Every day, approximately 11,000 people turn 65, making them eligible for Medicare, a federally funded health insurance program that’s enrolling new patients faster than ever.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Companies that can help consumers navigate the complicated Medicare market have a major opportunity: “The average senior must choose between 57 different plan options, and most can’t tell them apart,” said TX Zhuo and James Shecter of Fika Ventures.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
They’ve shared their six-point investment thesis with TC+ readers to show how Medicare is the “bright spark” that could light up “the entire insurtech market.”
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
<em>
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead.
</em>
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
<em>
You can sign up here
</em>
</a>
<em>
.)
</em>
</p>
<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
</a>
</p>
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<td align="center" bgcolor="#ffffff">
<img alt="Can Medicare save the insurtech market? image" class="img-max" src="https://inboxflows.com/_/image/https%253A%252F%252Ftechcrunch.com%252Fwp-content%252Fuploads%252F2022%252F07%252FGettyImages-1337752696-1.jpg%253Fw%253D680/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0ZWNoY3J1bmNoLiJ9:1oDvIq:ErdYKdYPzu_Rsq7b-0W3vb-oqU-uJoTxOd60vVINAwo" 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: MirageC / Getty Images
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<h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
Big Tech Inc.
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
If you are looking for an easier way to get through the airport,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Alaska Airlines is here to deliver
</a>
. The airline has a new electronic bag tag that is making everything about checking a bag easier,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Frederic
</a>
writes. We’re not sure this news could have come at a better time considering what we are hearing about flight shortages and thousands of bags being left at airports all over the world.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Another day,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
another Twitter and Elon Musk story
</a>
. We aren’t sure which day on the Captain’s Log it is, but a judge ruled that Twitter can proceed and even expedite its trial against Elon Musk,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Amanda
</a>
reports.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Meanwhile,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Zack
</a>
writes about BitSight, a cybersecurity startup that
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
uncovered a handful of vulnerabilities
</a>
in a popular GPS tracker built by Micodus. The security flaws potentially exposed some million vehicle locations.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Let’s get into more, shall we?
</p>
<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">
<strong>
Car talk
</strong>
: Lots to talk about here. First, to get you ready for
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Tesla’s second-quarter earnings
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Jaclyn
</a>
sets up four things to watch out for, while
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Rebecca
</a>
reports on an
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
investigation into another Tesla crash,
</a>
this one involving a motorcycle. Jaclyn also reports on
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Rolls-Royce and Hyundai
</a>
partnering on air taxi hydrogen fuel systems. Meanwhile,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kate
</a>
brings you news that South Korean e-scooter company
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Gbike acquires Hyundai Motor’s ZET
</a>
.
</li>
</ul>
<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">
<strong>
Mo’ Microsoft
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Frederic
</a>
,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kyle
</a>
and
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Paul
</a>
, respectively, bring us some enterprise news about Microsoft launching its
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Cloud for Sovereignty
</a>
, targeting public sector customers in Europe; wanting to
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
add a Stories feature
</a>
to its corporate portals; and confirming that it
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
won’t institute a policy
</a>
that would have banned commercial open source apps.
</li>
<li style="margin-bottom: 8px">
<strong>
Throw that copypasta up against a wall and see if it sticks
</strong>
: Amazon has had enough of fake reviews and is
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
suing some 10,000 Facebook group administrators
</a>
that it alleges are being paid to post product reviews that are not on the up-and-up,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Taylor
</a>
writes.
</li>
<li style="margin-bottom: 8px">
<strong>
Space walk
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Aria
</a>
has a pair of stories from out of this world. First,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
NASA is delaying its water-hunting rover launch
</a>
for a year. This may have it going mission-to-mission with Relativity and Impulse, which are
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
planning to launch a rover to Mars
</a>
in 2024.
</li>
</ul>
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<p style="font-size: 25px; font-weight: bold; line-height: 25px;">
<a style="color: #14c435; text-decoration: none;" target="_blank">
Read more stories on TechCrunch.com
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<h2 style="font-family: Helvetica, Arial; font-size: 25px; font-weight: bold; color: #fff">
Newest Jobs from Crunchboard
</h2>
</td>
</tr>
<tr>
<td align="center" bgcolor="#ffffff" style="padding: 25px;">
<table border="0" cellpadding="0" cellspacing="0" width="100%">
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<td style="font-family: Helvetica, Arial, sans-serif;">
<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 Full Stack Developer at Contentware (Bethesda, MD, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
UX Director at TestFit Inc. (Dallas, TX, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Developer at ProMedia (Anywhere)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Senior Quality Assurance Analyst at Pennsylvania Turnpike Commission (Middletown, PA, United States)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Senior Data Scientist at National Association of REALTORS® (Chicago, IL, 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
</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="color: #14c435; text-decoration: none" target="_blank">
Post your tech jobs
</a>
and reach millions of TechCrunch readers for only $200 per month.
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