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By
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Christine Hall
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and
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Haje Jan Kamps
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Wednesday, August 03, 2022
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Christine is back from a week of making the world a better place, and now she’s here to help make this a better newsletter as well. Huzzah! —
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Christine
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and
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Haje
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Image Credits: Solana
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The TechCrunch Top 3
</h2>
<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 rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
<strong>
Where there was once sunshine has now faded to darkness
</strong>
</a>
: Thousands of Solana users found their wallets were drained of collectively around $8 million,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Rita
</a>
and
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Carly
</a>
write. The hack is only affecting “hot” wallets, the pair report. Industry experts say this may have been a privacy key compromise. We’re sure there will be more on this later.
</li>
<li style="margin-bottom: 8px">
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
<strong>
Ping finds itself in familiar territory
</strong>
</a>
: Ping Identity, a public enterprise identity management firm, has agreed to be acquired by the private equity firm Thoma Bravo,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ingrid
</a>
reports. This is not Ping’s first exposure to PE involvement. It was majority-owned by Vista Equity, which retains a minority stake in the company. Thoma Bravo has been on a buying streak lately, also picking up both
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
SailPoint
</a>
and
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Anaplan
</a>
this year.
</li>
<li style="margin-bottom: 8px">
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
<strong>
Trading places
</strong>
</a>
: We go back to
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Rita
</a>
, who writes about Salesforce taking a look at its presence in China. Among the changes are the closing of its Hong Kong office and the acceleration of Salesforce’s relationship with Alibaba, which includes helping companies establish a social commerce presence.
</li>
</ul>
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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">
Siemens Xcelerator
</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">
Siemens AG
</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">
Siemens Xcelerator is a single digital business platform to accelerate your digital transformation with speed, ease and scale.
</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>
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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">
L’Attitude Ventures announced today that it has closed on its first institutional fund, raising
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
more than $100 million from several financial services heavyweights
</a>
, including a “strategic anchor investment” from JPMorgan Chase,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Mary Ann
</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">
Playstudios, a publicly traded mobile gaming platform and developer, is venturing into the web3 world with a new blockchain division and investment fund.
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
The gaming entity announced a $10 million investment vehicle
</a>
, Future Fund, to back companies building rewarded play options,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Jacquelyn
</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">
Keepin’ the startup train rollin’:
</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>
Computer says maybe
</strong>
:
<a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
Kyle
</a>
reports that customer service tech company
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Aisera lands $90 million
</a>
to automate customer service requests with the power of machine learning.
</li>
<li style="margin-bottom: 8px">
<strong>
A vault for your digital trinkets
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Imagine paying millions of dollars for a JPEG of a monkey just to have it stolen from your digital wallet. Upstream’s new vault could help
</a>
keep your digital treasures a bit safer,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Anita
</a>
reports.
</li>
<li style="margin-bottom: 8px">
<strong>
From straps to treadmill
</strong>
: In today’s episode of the Equity podcast,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Natasha M
</a>
and
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Alex
</a>
ponder if it is time to
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
jump on the venture treadmill
</a>
for companies that have been bootstrapping so far.
</li>
<li style="margin-bottom: 8px">
<strong>
Pay $5, get paid
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Kyle
</a>
reports that startup
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
ZayZoon charges employees $5 to get paid sooner
</a>
.
</li>
<li style="margin-bottom: 8px">
<strong>
Y minimator
</strong>
: Citing downturns and funding climate,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Y Combinator narrows cohort size by 40%
</a>
, writes
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Natasha M
</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">
Dear Sophie: How long am I required to stay at my current job after I get my green card?
</a>
</h2>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Dear Sophie,
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
I’m a software engineer currently on an H-1B. My employer sponsored me for an EB-2 green card, and my application has been approved, but I’m still waiting for a decision on my application to register for permanent residence.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
I want to leave my employer and do something completely different. Can I transfer my green card to another employer in a different field and position, or should I stick it out in my current position until I receive my green card?
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
If I should stick it out, how long should I stay with my current employer after I receive my green card?
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
— Craving Change
</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.
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You can sign up here
</em>
</a>
<em>
.)
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<p style="text-align: left; color: #333; font-size: 19px; font-weight: bold; line-height: 26px; margin: 35px 0 15px;">
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Read More
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<img alt="Dear Sophie: How long am I required to stay at my current job after I get my green card? image" class="img-max" src="https://inboxflows.com/_/image/https%253A%252F%252Ftechcrunch.com%252Fwp-content%252Fuploads%252F2021%252F01%252Fdear-sophie-immigration-maze-3.jpg%253Fw%253D680/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0ZWNoY3J1bmNoLiJ9:1oJMRy:TaAY6Od3hE1HwRljXtT-h9khPCmnPbOWouoT8q_leg8" style="display: block; font-family: sans-serif; font-size: 16px; color: #fff; height: auto;" width="600"/>
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Image Credits: Bryce Durbin/TechCrunch
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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">
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Uber and Omio join forces in the UK
</a>
so that users can book trains, coaches and bus travel,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Natasha L
</a>
reports. The ride-hailing giant sees this as a way to not only get into longer distance travel, but also to capture, or recapture, travelers moving between different forms of transportation. In other Uber news, it appears the company has now
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
concluded its partnership
</a>
with Indian food delivery firm Zomato,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Manish
</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">
Staying over in India for a moment,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Manish
</a>
also reports that the government is
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
withdrawing its personal data protection bill
</a>
. This was some legislation that privacy advocates and tech giants were not fans of, mainly because they felt it restricted how they managed sensitive information while also enabling the government to more easily access the same information.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
Speaking of partnerships,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ticketmaster and TikTok
</a>
now have one to provide users with a new way to discover and purchase event tickets,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Aisha
</a>
writes. This feature is initially for certain creators who can search for Ticketmaster events and add destination links to their videos.
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Ivan
</a>
also reports that ByteDance might be gearing up for a
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
global launch of TikTok Music
</a>
.
</p>
<p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
You may also want to “byte” into these:
</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>
When fan fiction hits too close to copyright home
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Amanda
</a>
takes a look at what happened when
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
two TikTok stars set out to cash in on their love of “Bridgerton,”
</a>
only to find that Netflix, who was once okay with it, now is not.
</li>
<li style="margin-bottom: 8px">
<strong>
Live “shopping” and let die
</strong>
: Live shopping is still an up-and-coming way of e-commerce in the U.S., but
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Facebook has decided to shutter its live shopping feature
</a>
to instead focus on Reels. You have until October 1 to host any new events,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Aisha
</a>
writes.
</li>
<li style="margin-bottom: 8px">
<strong>
Pokémon-palooza
</strong>
:
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Amanda
</a>
also gives you a look at the
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
new Pokémon that just dropped
</a>
.
</li>
<li style="margin-bottom: 8px">
<strong>
Google’s next phase
</strong>
: Remember when Google said it was going to
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
merge Duo and Meet
</a>
a few months ago? Well,
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Frederic
</a>
writes that
<a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
Google is entering the next step
</a>
in that merger with an app update that changes the Duo logo to the Meet one.
</li>
</ul>
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Newest Jobs from Crunchboard
</h2>
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<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Lead Software Engineer at Amherst (Austin, TX, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Product Manager, Underwriting at Amherst (Austin, TX, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Web Applications Developer (Hybrid Remote/In-Person) at MiraCosta College (Oceanside, CA, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
Senior Enterprise Applications Developer (Hybrid Remote/In-Person) 2 Positions at MiraCosta College (Oceanside, CA, USA)
</a>
</li>
<li style="margin-bottom: 8px;">
<a style="font-family: Helvetica, Arial; color: #333; font-weight: bold; text-decoration: none;">
IT Project Manager Senior Specialist at Washington State Department of Natural Resources (Olympia, WA, 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>
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and reach millions of TechCrunch readers for only $200 per month.
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1 year, 8 months ago - newsletter@techcrunch.com
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