Disney is being sued by the actress for breaching her contract for the streaming release of Black Widow
Every day at 3 p.m., you can get a rundown of the biggest and most important stories from TechCrunch. Here you can subscribe. July 29, 2021 is the date of Daily Crunch.
Between the IPO cycle and earnings it has been a busy day. The founder was charged with three counts of fraud. It is busy.
The former CEO of the company was indicted on three counts of fraud. According to the indictment, the former executive engaged in a fraudulent scheme to deceive retail investors. Not a great day for SPACs.
Here is an odd one, that Microsoft may invest in a hotel. Microsoft may invest in OYO, the India-based hotels startup that raised capital from SoftBank. What's going on?
There could be a cloud deal in the mix. The parties are not talking at the moment. Entrepreneurs in Latin America are finally getting their due as the startup market hits its stride, according to investors.
It's a good time to build in the region because it is increasingly digitally enabled. The actress filed a lawsuit against Disney after they released the movie on Disney+ at the same time it was in theaters. Disney is hiding behind COVID-19, but with the delta variant being very much a problem, we would prefer to watch our Avenger films from our couches.
Decentralized apps, or dApps, are a big category in the largerBlockchain economy. A startup that just raised $15.3 million wants people to build more of them. The company built a platform for developers to monitor and test the smart contracts that power their apps.
Merqueo, an on-demand service in Latin America, is attracting capital. Between grocery delivery and so-called "instant" grocery startups, lots of capital is finding its way into the business of bringing food to folks' houses. Merqueo raised a $50 million Series C. La Haus raises $100M for its online real estate marketplace, as is Merqueo.
See, we told you that Latin America was busy. La Haus raised $50 million in debt and $50 million in equity. In the second quarter of 2021, the company saw transactions on its Mexico portal climb by nearly 10 times compared to the second quarter of 2020.
It's not bad! A $20 million Series A led by Left Lane Capital has been raised by Talkiatry. The startup wants to make Psychiatry services available through insurance providers.
Making mental health care easier for consumers is a good idea. Getting divorced is a lot more fun than putting broken glass in your shoe. Our friends told us that.
The divorce wants to make the whole process better. Divorce is something that happens a lot for a lot of people, so it will not be a problem for us. Hailing from Rhode Island, Pangea raised $2 million for its student labor marketplace.
The company connects college students with businesses that are looking for talent. The company has more capital in its accounts than ever, as GMV is rising. It will grow the rest of the year.
Odoo, an open-sourced business management software play, is the first unicorn out of Wallonia, a region in Belgium. The round was not important at all. Most of the software is free, while some features are charged.
The startup is worth $150 million and was founded to let companies poll their workers. Per our own reporting, it can be thought of as management analytic, providing turnover prediction and team goal tracking. If you were looking for something completely different, we have a review of Nothing's new earpods.
This year, viewers in China are projected to spend more than $60 billion on digital shopping experiences, which is why companies and brands need to tune in. Promoting everything from cosmetics to food, social media stars use platforms to tout products and answer questions. During the Single's Day Global Shopping Festival in 2020, livestreams generated $6 billion in sales, twice as much revenue as the year before.
Western startups are getting in on the action, with companies like Whatnot and Pop Shop.Live raising rounds to build out their infrastructure. Alanna Gregory, senior global director at Afterpay, says she sees four major trends. The tools are for streaming.
Host discovery and outreach tools can be used. Agencies and marketplaces can be hosted. Gregory writes in a guest post that the most impactful way for brands to take advantage of livestream commerce trends is through the use of software as a service.
All of this will be very positive. Extra Crunch is a membership program that helps founders and startup teams get ahead, so companies and brands need to tune in. You can sign up.
When it comes to Big Tech, we went a bit long on the startup side of things. Amazon has a FireTV cube that supports Zoom. Everything needs to support zoom.
It is a good thing. It was unsurprising that Amazon was building out more integration with the video chat provider. Facebook and Ray-Ban will build smart glasses.
I suppose I'm willing to wait and make my own judgement about this, but I was a fan of Glass before it was a thing. There is a service that will include messaging. Is this something we want?
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