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Today is Wednesday, June 15, 2022. As much as we love to live in the present, we are excited for tomorrow! On Twitter Spaces on PDT noon tomorrow, we’ll be speaking with our immigration expert Sophie (who today shared her best startup visa). Clicky to set a reminder for yourself now! We will also have a file Online Day of Primary Contributor Sessions: Climate Tomorrow, so you can adjust that too if you’re a fan of the climate and the level of fragility of our planet. Fabulous! – pilgrim And the Christine
Top Tech Crunch 3
- Their fighting words: Dukaan, an Indian company that helps merchants set up e-commerce businesses, challenges Shopify, until you stumble upon Twitter, Manly… masculine reports. The company’s goal is to speed up website performance, claiming that Shopify’s speed and performance cause merchants to lose sales if customers have to wait a few extra seconds for sites to load.
- Who knew that market reports were so profitable?: AlphaSense did. The global pandemic along with market uncertainty has given the company, a search engine for business analysis and trade information, the boost it needed to get $225 million in new funding, Ingrid Writes. This not only gives AlphaSense a valuation of $1.7 billion but also proves that even in a counter-narrative environment, it can still be beneficial to some.
- BNPL companies continue to dispose of: We can’t tell if consumers are the winners because many companies offer “buy now, pay later,” but it’s fun to see them all trying to compete with each other. The latest is PayPal, which is expanding its BNPL feature with its monthly payment service, Sarah Tell us. This means that instead of taking 6 weeks to pay, users can now spread the payments over a period ranging from 6 months to 24 months. But be warned, customers can’t use it for a $30 t-shirt; Purchases must be between $199 and $10,000.
Startup and VC
It has nothing to do with creative accounting and the crypto meltdown, Binance CEO Brian Shroder He told the staff yesterday that the company is “in the strongest possible position to not only successfully weather this downturn but also emerge as the leading crypto platform in the United States,” Anita reports.
Let’s take a tour of the startup territory, and look through the lens of TechCrunch’s reports over the past 24 hours or so:
- Vaporware, but not the bad kind: Puffco shows off an amazing tube-like cannabis vaporizer called agentpriced at $299, not shiny reports.
- it’s scary? nah: GrayNoise is a “anti-threat intelligence”-style company that basically provides a spam filter for online threat alerts. Lifted $15 million in fundingAnd the Carly reports.
- Heaps of data, piles of cash: DataStax appointed Chet Kapoor as CEO in October 2019. This seems to have worked – the company Raised $115 Million Round At a valuation of $1.6 billion today, rune reports.
- Is it play or learning? Trick question – both: Edtech Pokémon Raise $3 Million To continue expanding digital gaming experiences, ayishah reports.
- Make parking a walk in the park: Kyle reports that Metropolis AI-powered parking platform They park a $167 million truck full of cash on their premises. Well, maybe not literally, but that would kind of be cool.
- Nothing to see here: Start smartphone devices none Excites the design of his new phone before its launch next monthreports Natasha L.
Is tech industry consolidation in Southeast Asia on the horizon?
The super app business model is making profits in Southeast Asia.
Offers from Grab, the “everyday app for everything,” offers the gamut from grocery delivery to investment services; Malaysia-based AirAsia has rebranded itself as Capital A as it expands its offering to include airport transfers, food delivery and more.
These companies are not building these new business units from scratch: they are using strategic acquisitions to enter new markets and drive out competition.
“As more tech companies look to the superior apps business model to retain users and increase monetization, we can expect more inorganic expansion and consolidation in the coming years,” says Amit Anand, co-founder of Jungle Ventures.
(TechCrunch+ is our membership program, which helps founders and startup teams move forward. You can register here.)
Big Tech Inc.
For a brief period there, Discord, GitLab, and other services in India and the areas around . were affected Cloudflare outageAnd the Manly… masculine mentioned. The reason was “an increase in resource consumption due to a software release”. That is now resolved.
Have you heard enough of the Apple WWDC conference? we will, Evan He wants you to know what he thinks is one of the most fun new features to come out of there – Apple’s new photo separation feature In iOS 16. It likes the ability to cut and remove unwanted parts with the flick of a finger. And you can crop an image, then turn it into a separate image that can be dropped into a messaging app like iMessage or WhatsApp.
Bottles appear on YouTube where they are YouTube Shorts exceed 1.5 billion monthly users Less than two years after its release. Sarah He writes that this proves that it can rival the likes of TikTok, which said it has 1 billion users since September 2021.
Is it enough or are you thirsty for more?
Editor’s note, June 16 9:56AM PST: The Cloudfare signal has been corrected to clarify the root cause of the blackout.