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Natasha Mascarenhas @ TechCrunch · 01/07/2021 16:08 EDT

Hopin might be the fastest growth story of this era

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. Happy 2021, or as our own Danny Crichton aptly names it, December 38, 2020. Equity crew is back to start the new year in full force, with Alex, Natasha, and Danny on the mics and Chris behind the scenes. [
] Read more â€ș

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TechCrunch
Brian Heater @ TechCrunch · 01/07/2021 14:34 EDT

Twitch disables Trump’s channel over ‘incendiary rhetoric’

Following a slate of temporary and permanent bans from a number of the top online platforms, popular video streaming service Twitch today confirmed that it has disabled the President of the United States’ account. A spokesperson for the site told TechCrunch, In light of yesterday’s shocking attack on the Capitol, we have disabled President Trump’s [
] Read more â€ș

16

TechCrunch
Zack Whittaker @ TechCrunch · 01/07/2021 14:22 EDT

Decrypted: How bad was the US Capitol breach for cybersecurity?

The breach will likely present a major task for Congress' IT departments, which must now determine what's been stolen and which security risks could still pose a threat to the Capitol's network. Read more â€ș

9

TechCrunch
Ingrid Lunden @ TechCrunch · 01/07/2021 14:04 EDT

BBVA says that it is shutting down banking app Simple, will transfer users to BBVA USA

Some consolidation is underway in the world of challenger banking apps. BBVA today told users of Simple — the pioneering mobile and online banking app that it acquired for $117 million in 2014 — that it is planning to shut down the service, moving accounts to BBVA in the process. In a note it sent [
] Read more â€ș

7

TechCrunch
Walter Thompson @ TechCrunch · 01/07/2021 14:00 EDT

Prioritizing tech in 2021 will be the path to pandemic recovery for mental health

We are only beginning to understand the long-lasting effects the pandemic will have on mental health. Read more â€ș

2

TechCrunch
Sarah Perez @ TechCrunch · 01/07/2021 13:32 EDT

FTC settles with mobile ad company Tapjoy over deceptive practices

Mobile advertising company Tapjoy has settled with the U.S. Federal Trade Commission over allegations that it was misleading consumers about the in-app rewards they could earn in mobile games. According to the FTC, Tapjoy deceived consumers who participated in various activities — like purchasing a product, signing up for a free trial, providing their personal [
] Read more â€ș

7

TechCrunch
Anthony Ha @ TechCrunch · 01/07/2021 12:55 EDT

YouTube will start penalizing channels that post election misinformation

YouTube just announced that channels publishing “false claims” about the U.S. presidential election will be penalized with a strike, which would temporarily suspend them from posting videos. If you’re wondering why it took this long, YouTube announced last month (a full month after the presidential election, but right after the “safe harbor” deadline for audits [
] Read more â€ș

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 01/07/2021 11:52 EDT

The tech-powered wave of smart, not slow, tutoring sessions

Some of the biggest decision-makers in edtech are taking a scalpel to the way tutoring used to work. Read more â€ș

2

TechCrunch
Jonathan Shieber @ TechCrunch · 01/07/2021 11:43 EDT

Shopify pulls Donald Trump stores off its website

Facebook isn’t the only big tech company taking action against Donald Trump’s web presence in the wake of yesterday’s riots in Washington DC. Shopify, which hosted shops related to Trump’s campaign paraphernalia and the outgoing President’s personal brand, TrumpStore, has apparently taken down both of those properties. News of the move was first reported by [
] Read more â€ș

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/07/2021 11:30 EDT

SoFi nears deal to go public in merger with Chamath Palihapitiya’s newest SPAC

Consumer financial services startup SoFi is closing in on a deal to go public via a merger with special purpose acquisition company, Social Capital Hedosophia Holdings Corp V, the latest blank check company formed by venture capital investor Chamath Palihapitiya. An agreement to take SoFi public via a SPAC has been rumored for weeks. This latest [
] Read more â€ș

4

TechCrunch
Alex Wilhelm @ TechCrunch · 01/07/2021 11:29 EDT

With 5 new unicorns in first week of 2021, are we in for a stampede this year?

What a week. Democracy is still standing and the nation is getting back to work, so let’s press forward, even if it does feel surreal to cover business news after witnessing a live-streamed coup attempt. Setting aside the tectonic political moment, there’s plenty of activity inside the world of startups we need to discuss. The [
] Read more â€ș

8

TechCrunch
Darrell Etherington @ TechCrunch · 01/07/2021 11:27 EDT

Endeavor BioMedicines raises $62 million to combat pulmonary disease

A new startup has officially emerged for stealth with the raise of its $62 million Series A funding round. Endeavor BioMedicines is led by co-founder and CEO John Hood, who previously led Impact Biomedicines, and its new funding comes from Omega Funds and Longitude Capital, as well as the company’s own management team. Endeavor is [
] Read more â€ș

0

TechCrunch
Sarah Perez @ TechCrunch · 01/07/2021 11:25 EDT

Former Disney and Discovery execs to launch Struum, a ‘ClassPass for streaming services’

Former Disney and Discovery execs are teaming up to launch a new streaming service called Struum, arriving in the spring, that aims to take the Classpass model and apply it to the streaming landscape. That is, Struum’s plan is to aggregate content from smaller video on demand services, then provide that under its own subscription. [
] Read more â€ș

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TechCrunch
Darrell Etherington @ TechCrunch · 01/07/2021 10:59 EDT

Twitter will reinstate Trump’s account following his deletion of tweets

A Twitter spokesperson has confirmed with TechCrunch this morning that Trump has deleted three tweets that led to the temporarily suspension of this account last night. Twitter locked the account pending deletion of the offending tweets on Wednesday following the riot and siege of the Capitol building in Washington, D.C., and said that the suspension [
] Read more â€ș

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TechCrunch
Darrell Etherington @ TechCrunch · 01/07/2021 10:58 EDT

Mark Zuckerberg announces Trump banned from Facebook and Instagram for ‘at least the next two weeks’

Facebook CEO Mark Zuckerberg has announced via his platform that Donald Trump will be blocked from using both Facebook and Instagram “for at least the next two weeks until the peaceful transition of power is complete.” The company blocked his accounts temporarily on Wednesday following Trump’s posting on content that incited his followers to violence. [
] Read more â€ș

870

TechCrunch
Kirsten Korosec @ TechCrunch · 01/07/2021 10:58 EDT

Elon Musk has a new title: world’s richest person

Elon Musk, the controversial and enigmatic entrepreneur who heads up SpaceX and Tesla, has reached a status that only three others have held in the past two decades: world’s richest person. On his way to the top spot, Musk has surpassed a bevy of billionaires this year, including Warren Buffet and Bill Gates. He reached [
] Read more â€ș

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TechCrunch
Lucas Matney @ TechCrunch · 01/07/2021 10:30 EDT

Roblox raises at $29.5 billion valuation, readies for direct listing

Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The company won’t be private for long, though. The $520 million raise led by Altimeter Capital and Dragoneer Investment Group is a significant cash influx [
] Read more â€ș

13

TechCrunch
Danny Crichton @ TechCrunch · 01/07/2021 10:10 EDT

WeLink raises $185M to deliver high-bandwidth wireless internet to the home using 5G

Cable or fiber. For the vast majority of American homes, there’s no choice of how customers get their internet access. If you’re lucky to live in some dense urban areas with amenable landlords, that ‘or’ might become an ‘and.’ Yet, as more and more people rely on the internet for more than just cat photos [
] Read more â€ș

13

TechCrunch
Jonathan Shieber @ TechCrunch · 01/07/2021 09:56 EDT

Kanarys raises $3 million for its data-driven platform to assess diversity and inclusion efforts

Mandy Price was already a highly successful lawyer in private practice before she took the jump into entrepreneurship alongside two co-founders to launch Kanarys a little over one year ago. The Harvard Law School graduated didn’t have to start her company, which helps businesses measure the efficacy of their diversity and inclusion efforts using hard [
] Read more â€ș

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