A Twitter hack strikes the platforms most well-known users, Netflix gets a co-CEO and Revels mopeds are pertaining to San Francisco. Heres your Daily Crunch for July 16, 2020.
The huge story: High-profile Twitter accounts hacked in crypto scam
Uber obtains Routematch as it drives much deeper into public transit in hunt for SaaS revenue– Routematch, which offers software application to transit firms, will continue operations with CEO Pepper Harward at the helm.
Monzo introduces brand-new Monzo Plus with software application includes it hopes users will wish to pay for– The new functions include third-party checking account aggregation, virtual debit cards, customized transaction categories, spreadsheet export and credit score updates.
Guidance and analysis from Extra Crunch.
Instagram introduces its upgraded Shop, now powered by Facebook Pay– Instagram Shop is a method to purchase items from brand names and creators, along with curated collections from the businesss @shop account, all within the Explore section.
This was a crazy one: The Twitter accounts of Apple, Elon Musk, Joe Biden and lots of, lots of others were compromised yesterday, posting messages with the address of a bitcoin wallet, assuring that any payments would be doubled and returned.
Ted Sarandos called co-CEO at Netflix– The statement comes as the company included more than 10 million new subscribers in its latest quarter.
Revel lands allow to bring numerous electrical mopeds to San Francisco– Ive been seeing Revels mopeds all over New York City, and now theyve got approval to release in SF.
Start-ups, financing and equity capital.
Not surprisingly, Twitters stock took a hit, and the business will probably be dealing with the fallout for months or weeks to come. (One of the preliminary reactions included locking accounts that just recently changed their passwords.).
The tech giants.
Why particular VC financiers make excellent Founder NPS scores– Danny Crichton learnt more than 1,200 founder suggestions for VCs while preparing The TechCrunch List. In this post, he shares some of the common styles.
Activ Surgical raises $15 million to advance collaborative and autonomous robotic surgery– The startup equips surgical equipment with sensors, with the data utilized to assist surgeons and surgical systems.
Apparently a hacker used an internal Twitter administrative tool to acquire access to all of these accounts. The company described this as “a coordinated social engineering attack by individuals who successfully targeted some of our staff members with access to internal systems and tools.”
8 edtech investors talk re-skilling, digital universities, ISAs and other post-pandemic patterns– Weve talked with financiers about how COVID-19 has improved edtech and education, but what occurs after the pandemic?
The Daily Crunch is TechCrunchs roundup of our most significant and most important stories. You can subscribe here if you d like to get this provided to your inbox every day at around 3pm Pacific.
Whatever else.
Video game developer survey suggests longer hours and less productivity as the market adapts to remote work– Among designers surveyed by GDC, 32% found themselves being less efficient, in spite of working longer hours.
Europes leading court strikes down flagship EU-US information transfer mechanism– The choice has implications for U.S. firms thinking about digital monitoring, as well as internet business like Facebook.
VC Josh Stein talks power characteristics: I dont think this has been a mustache-twisting moment for investors– Hot startup founders may not have quite as much leverage as they did before the pandemic– however Threshold Ventures Stein stated he isnt trying to rub it in.
VPN providers reconsider Hong Kong servers after Chinas security law– Hong Kong may lose its status as a haven for data centers.
( Reminder: Extra Crunch is our subscription membership program, which aims to democratize info about start-ups. You can register here.).
