Fallout continues from this week’s large Twitter hack, podcaster Harry Stebbings launches a small VC fund and robots assist with sorting the mail. Right here’s your Each day Crunch for July 17, 2020.
The massive story: Extra particulars emerge in Twitter hack
As we recapped in yesterday’s publication, numerous high-profile Twitter accounts have been hacked earlier this week as a part of what gave the impression to be a cryptocurrency rip-off. So how dangerous was it?
“Now we have no proof that attackers accessed passwords,” the corporate mentioned. “At the moment, we don’t imagine resetting your password is critical.”
Nonetheless, Twitter didn’t touch upon whether or not hackers have been capable of entry customers’ direct messages. Senator Ron Wyden criticized the corporate for failing to end-to-end encrypt DMs: “Whereas it nonetheless isn’t clear if the hackers behind yesterday’s incident gained entry to Twitter direct messages, this can be a vulnerability that has lasted for a lot too lengthy, and one that isn’t current in different, competing platforms.”
The tech giants
Apple opens one other megastore in China amid William Barr criticism — Apple opened a brand new retailer in Beijing’s upscale buying district Sanlitun, doubling the dimensions of the earlier retailer in that location.
Federal court docket guidelines WhatsApp and Fb’s malware exploit case towards NSO Group can proceed — Final October, WhatsApp and its mother or father firm Fb filed a grievance alleging that NSO Group exploited an audio-calling vulnerability within the messaging app to ship malware to about 1,400 cell gadgets.
Startups, funding and enterprise capital
Give us your seed spherical and we’ll ship again double — The newest episode of Fairness discusses funding rounds for Macro, The Browser Firm and LiteBoxer.
From Twenty Minute VC to 20VC, Harry Stebbings launches a micro VC off the again of his widespread podcast — The plan for Stebbings’ new $eight million fund is to spend money on U.S. startups throughout numerous levels alongside “tier 1” co-investors.
Advertising, PR and model constructing, oh my! TechCrunch Early Stage goes down July 21 and 22 — At subsequent week’s digital occasion, we’ll hear from a few of the world’s prime minds within the fields of selling and model constructing.
Recommendation and evaluation from Additional Crunch
Extension rounds assist some startups play offense throughout COVID-19 — A latest flurry of extension rounds for decent startups like Stripe and Robinhood means that this funding kind has all of a sudden change into cool.
Former Spotify advertising exec-turned-VC Sophia Bendz on her love of early-stage investing — Bendz not too long ago joined Berlin’s Cherry Ventures to deal with startups within the Nordic area.
Assessing the potential for a gig economic system in training — Entrepreneur and investor Rish Joshi appears to be like at platforms that would assist academics ship extra personalised studying.
(Reminder: Additional Crunch is our subscription membership program, which goals to democratize details about startups. You may join right here.)
Every little thing else
SpaceX and NASA concentrating on August 1 for Crew Dragon return journey with astronauts on board — SpaceX’s Crew Dragon capsule has been docked on the Worldwide House Station since its first crewed launch in Could. Now it’s on the brink of make its return journey.
FedEx is using robotic arms to type packages at a Memphis facility — In March, FedEx put in a quartet of robotic arms from Yaskawa America and Plus One, with the objective of serving to to type the huge numbers of parcels that go by way of its Memphis facility.
Play the prologue of ‘Linda & Joan,’ a online game in regards to the worst 12 months of its creator’s life — The total recreation isn’t due till 2022, however you may get a peek at what a online game about grief may appear to be.
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