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‘Ello and welcome to Daily Crunch for August 26, 2021. Or as someone called it recently, Friday Jr. We have lots and lots of news today, with a slight bias toward big-hearted entries from Big Tech corporations. But firstly, do note that we’re going to spend a lot of time talking fintech at Disrupt this year, and TechCrunch really announced that Techstars’ Saba Karim is coming. It’s going to be great! — Alex
Airbnb expands who can help host Afghan refugees : Want to help with Airbnb’s push to house refugees absconding Afghanistan? The busines announced today that it will allow anyone to help , not simply existing multitudes. Hopefully this expands the pool of housing stock available and comes more tribes room. We’re all human, so let’s help one another. Apple’s commission rigidity fizzles further : Apple’s hard-line 30% committee is softening yet again, with the company planning to offer lower do charges for bulletin buys, at least for publishers who participated in the Apple News app. So it’s good report, with a strong arm-twist to go along with it. Why is Apple fighting so hard to continue rent-seeking in the mobile economy? Because it’s profitable as heck, that’s why. Major tech companies obligate vast dollars for cybersecurity : U.S. tech heavyweights Apple, Google and Microsoft are pledging to work on cybersecurity with extra feeling, they said in a White House meeting. Microsoft is pledging to spend $20 billion on the effort, and Google $ 10 billion. Apple has promised to “establish a new program to drive ongoing security betterments throughout the technology supply chain, ” TechCrunch writes. All this is good news, but we do wonder how much of the pledged expend was already penciled into future budgets.
The other epoch we noticed … … that our own Brian Heater was launching a newsletter. He still is, and one of its pre-launch entries today plays a headline that I cannot improvements to: “I don’t know what to do with those tossed salads and robot legs.” Heater get 100 targets for going that past the editors. You can sign up for the robot newsletter here.
Otter.ai expands transcription abilities : If you need to record a discussion and rewrite it, Otter is a great tool to use. I know that because I’m an Otter customer — with my own money — and depend on it heavily. Its report today is that the service is rolling out its “Otter Assistant feature for Microsoft Teams, Google Meet and Cisco Webex, ” after previously propelling support for Zoom. Compa elevates $3.9 M to build better occupation offer software : Hiring is a pain in the buttock, and in today’s superheated flair busines for a number of startup-friendly gigs, it’s even more irksome. To combat those facts, Compa has built software to support recruiters in their work by helping them “manage their compensation strategies to create and communicate offers that are easy to understand and are unbiased.” The startup just came out of stealth. Playbook wants to build the Dropbox for designers : Yes, in years past Dropbox was the Dropbox for designers, but today it’s an enterprise storage and productivity tool. So now there’s Playbook, which wants to assume Dropbox’s old mantle. And it only collected$ 4 million in a round led by Founders Fund. Picsart develops $130 M :~ ATAGEND Today’s SoftBank and/ or Tiger round is Picsart, for whom the Vision Fund 2 just contributed a $130 million deal. Details were light-colored, but the company is now a unicorn that crested the $100 million income score. So if “youre gonna” bizarre if mobile-first creator tools could scale, well, they can. Atheneum grows $150 M for its research and survey product : When I firstly saw this news I was very excited. Because I live near a private library called the Athenaeum. However, “thats really not” that, and so my local tabernacle to journals did not just elevate $150 million. A startup with the refer did, nonetheless, and the customer base for its research and survey service is already 500 big companies deep. Leapwork proves that no-code is still hot by elevate $62 M Series B : Based in Denmark, and developing that country’s largest-ever Series B, Leapwork is procreating billows with its no-code implement that helps with process automation. I belief at the union of two hot tendencies it is not a surprise that the company is doing well — process automation is booming, and everyone is short on makes. Finally, recent TechCrunch hire Kate Park is out today with a piece burrowing into AI voice and synthetic speech startup LOVO, which simply put together a $4.5 million round. Perhaps it can fill in for TechCrunchers on our podcasts when we have colds.
You can’t hack your YC application, but here’s what to avoid
Forget what you’ve heard: There are many shortcuts to success.
Tapping into someone else’s experience is a tried-and-true method, which is why two-time Y Combinator player Chris Morton wrote a guest pole for Extra Crunch with opinion for founders hoping to be accepted by the famed accelerator.
Morton, who has also reviewed thousands of YC applications, shares his thoughts on when to submit an application, what to do if you miss the deadline and whether you’ll need to relocate if accepted.
” Remember that its implementation should be good enough to get an interview , not win a reward ,” says Morton.” Go back to work instead of spending more meter perfecting an application.”
( Extra Crunch is our membership planned, which assistants benefactors and startup crews get ahead. You can sign up here .)
Big Tech Inc.
To close out our report roundup today, a wall of Big Tech story for your diversion 😛 TAGEND
Google kills Streams, its clinician corroborate app : Google is very good at realise things and even better at killing them. If Google was a novelist, it would self-kill so many darlings that it would only produce novellas. Regardless, that Streams is dead is not a huge surprise, but for some likely a real bummer. Want some Netflix recreations? Move to Poland : Netflix is getting into tournaments, which is not a huge surprise given that recreations are a bigger business than movies, to pick an example. But not everyone is going to get their hands on its mobile entitlements at once. Poland is up first. That’s not appalling as far as market selection runs, given the popularity of video games in Europe and the reasonable size of the Polish grocery. Facebook considers launching an election program decision board group oversight Entmoot coven thing : In more evidence that Facebook may be somewhat too large a company to fit into the modern world as one entity, and that maybe single-human, complete stockholder authority should go the nature of monarchy, the social monster is “looking to create a standalone advisory committee for election-related policy decisions.” Does that are confident? You “ve been told”. Lordstown gets brand-new CEO : This is a hard-boiled, high-profile gig, so it must have been something of an adventure to replenish. Still, agitated public EV company Lordstown has secured new leadership that TechCrunch reports is “Daniel A. Ninivaggi, a longtime automotive exec and former head of Carl C. Icahn’s holding company.” Let’s see if he can turn the company around. Twine up, if you are a paid YouTube subscriber, here’s some good bulletin.
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