Daily Crunch: In one of India's largest exits, Swedish media giant MTG buys PlaySimple for $360M ' TechCrunch

Subscribe here to receive TechCrunch's top stories and the roundup delivered straight to your inbox each day at 3:00 PDT.Welcome to Daily Crunch July 2. As we enter the holiday weekend in the United States, you might think that tech news has slowed down. You will see why it didn't. Looking ahead, TC 2021: Marketing & Fundraising will be next week. Disrupt is just around the corner. Get excited! AlexTechCrunch Top 3Startups/VCToday's startup news is heavily non-American. This is because almost everyone in America took today off, regardless what their boss thought. However, the rest of the world was busy:Licious raises $192M: This Series F round has raised funds for the Bangalore-based meat- and seafood e-commerce company. When money is so affordable, why not raise Series F? TechCrunch says that the company now has a value of more than $650million.The Series F has been raised by the Bangalore-based e-commerce company that sells meat and seafood online. When money is so affordable, why not raise a Series F? TechCrunch says the company now has a value of more than $650million. MTG purchases PlaySimple at $360M. Why do investors invest so heavily in the Indian startup ecosystem. Perhaps rising exit values. TechCrunch reported that India's PlaySimple was sold to the Swedish gaming giant, which was one of the biggest exits in India's startup ecosystem.Investors are betting so heavily on India's startup ecosystem. Perhaps rising exit values. TechCrunch reported that the sale to Sweden of India's PlaySimple was the biggest exit in India's startup ecosystem. FairMoney is a Nigerian startup which started out offering credit to consumers. This is yet another round of funding for African fintech. The sector has been very active in recent months.Three principles that CEOs should follow when posting on TwitterThe CEO of a fund raising round made false claims and was sued by the SEC. What about the former secretary of state taunted by a pharmaceutical executive, resulting in a 4.4% drop in the Nasdaq Biotechnology IndexIt is important to note that startup executives are held to a higher standard regarding what they post on social networks.Goodwill and reputation take time to build, and can be difficult to maintain. But it takes just one tweet to ruin it all, says Lisa W. Liu (a senior partner at The Mitzel Group in San Francisco, which serves many startups).Liu has six questions that tech executives with itchy Twitter fingers can ask to help them stay in control.Don't post if you don't know the answer.(Extra Crunch) Our membership program that helps founders and startups get ahead. Sign up hereBig Tech Inc.The Big Tech news today is mixed but entertaining. Each story is anchored in California. Let's get started:Why is GM investing in a California lithium extraction plant? Batteries. To make batteries, you need lithium. No electric cars, no batteries. This project is quite unique in that it has a strong connection to Salton Sea Geothermal Field, which is located near Los Angeles. The geothermal field will supply power and materials. Perhaps electric cars with a lower carbon footprint than traditional vehicles will be more sustainable in the near future.Why? Batteries. To make batteries, you need lithium. No electric cars, no batteries. This project is quite unique in that it has a strong connection to Salton Sea Geothermal Field, which is located near Los Angeles. The geothermal field will supply power and materials. Perhaps electric cars with a lower carbon footprint than their predecessors will be more sustainable in the future. Twitter tests more attention-grabbing misinformation labels. Twitter, a California-based business, is trying to make its misinformation labeling stand out. It's interesting to see social media companies issue more warnings while Google makes advertisements blend better into its organic results.Twitter, a California-based firm, has made its misinformation labeling stand out a little more. It's interesting to see social media companies issue more warnings while Google makes advertisements blend better into its organic results. Another privacy case against Facebook will be heard in the Netherlands. A few Dutch non-profits are suing Facebook for alleged mass collection of data from internet users. TechCrunch reported that the company doesn't have the legal basis to do so. Depending on the outcome, this case could be of broad import. You know how much data is collected online every day.TechCrunch experts in growth marketingTechCrunch invites you to recommend growth marketers who are experts in SEO, social media, content writing, and other areas. This survey is for growth marketers. We want to know why your clients love working with you.