Subscribe here to receive TechCrunch's top stories and the roundup delivered straight to your inbox each day at 3:00 PDT.
We are happy to welcome you to Daily Crunch for October 4, 2020. As you might have noticed, there is a lot going on in the world today of major tech companies. But don't worry, we also have plenty of startup news to keep you informed! If Alex could fix Facebook's tubes, that would be great!
P.S. P.S. Our next SaaS event will be a huge success.
TechCrunch Top 3
Facebook's downfall: This was the biggest tech news story of today. Facebook was out of commission for many hours. As we write, Facebook, Instagram, and WhatsApp remain offline. Due to Facebook's immense scale, financial losses are mounting for both the social media giant and its many customers. TechCrunch also reports that the European Parliament is not pleased with Facebook.
Today's biggest tech news story was Facebook's inability to deliver its services for many hours. As we write, Facebook, Instagram, and WhatsApp remain offline. Due to Facebook's immense scale, financial losses are mounting for both the social media giant and its many customers. TechCrunch also reports that the European Parliament is not happy with the company. Inside Informaticas' IPO: Technology stocks are suffering today. TechCrunch dived into Informaticas S-1 filing. In 2015, the company was privatized and moved to the cloud in the following half-decade. How does the company look now that it's returning to the public markets For one, indebted.
TechCrunch dived into Informaticas S-1 filings as technology stocks fell. In 2015, the company was privatized and has been moving to the cloud for the past half-decade. How does the company look now that it's returning to the public markets One. Apple Watches Drop This Month: Good news! The Series 7 Apple Watch should arrive on October 15th. The new Watch's screen is 20% larger, so it can hold more text. If you enjoy reading on your wrist.
Startups/VC
Before we get into the details of a multitude of venture capital rounds, have a look at this Mary Ann Azevedo blog that provides advice from Index and Sequoia on how to raise your first dollar. It's excellent.
An NFT and a Virtual Avatar enter a bar. TechCrunch reports that Brud employs 32 people, and all will be making a move to Dapper. Dapper Labs was valued last year at $7.5 billion. This means that it has stock to spare.
Okay, so this is the setup for a lame gag I couldn't finish. (The barkeep asked, "What do you think it is, the metaverse?") But in real news, Dapper Labs, an NFT impresario, is buying virtual avatar startup Brud. TechCrunch reports that Brud employs 32 people, and all will be making a move to Dapper. Dapper Labs was valued last year at $7.5 million, so there is plenty of stock. Today, we had two interesting insurtech rounds. First, Stable is developing an insurance product that will cover the price of commodities. There can be a significant difference in the value of corn, soybeans, and oil. This is a problem for many producers. Stable has raised over $46 million to provide price stability. People who were previously caught up in the market's vicissitudes, but we believe they were too small to be able to hedge their risk.
worth discussing. The company is developing an insurance product that will cover the price of commodities. There can be a significant fluctuation in the value of corn, soybeans, oil, and soy beans, as well as copper, silicon, and metal. This is a problem for many producers. Stable has raised over $46 million to provide price stability. People who were previously caught up in the market's vicissitudes, and we believe they were too small to be able to hedge their risk. Ladder just raised $100 million to restructure the life insurance industry. Two large insurtech rounds have been completed in one day, which indicates that there is still a lot of enthusiasm for startups in the space despite the devaluation of several public neoinsurance firms that went public within the past year.
The company just raised $100 million to restructure the life insurance sector. Two large insurtech rounds were completed in one day. This is a sign that the venture community has not lost its enthusiasm for startups in the sector, despite the devaluation of several public neoinsurance firms that went public last year. Wasp raises $1.5M to speed up web app construction: Wasp, a recent Y Combinator graduate, has put together a small round for its technology. It aims to make it easier for programmers to code the business logic of the application faster. TechCrunch reports. It's always good to see smaller rounds, as it reminds us that not all companies are raising nine figures in one go these days.
What will growth marketing look like in 2021, as Apple makes mistakes with attribution?
Cupertino introduced transparency to app tracking in April. This gave users the option to block their iPhones sharing information about their activities. iOS 15 later changes allow consumers to opt in for mail privacy protection and have greater control over permissions.
For privacy-minded consumers, this is great news. However, for startups who measure growth and engagement, it's a lot of confusion and uncertainty.
Three experts from TechCrunch Disrupt were interviewed by Danny Crichton, Managing Editor, to learn more about the way growth marketers are recalibrating their data collection.
Jenifer Ho, marketing VP, Elation Health
Shoji Ueki is the Point's head of marketing analytics and marketing.
Sharma Brands owner Nik Sharma
TechCrunch+ is our membership program that helps founders and startups get ahead. Sign up here
Big Tech Inc.
Only you can stop scammy apps. Smokey the Bear Apple needs your help to root out spammers, scammers, and other criminals from its app marketplace. There is now an option to report apps to Apple within iOS 15. This is great, but Apple may never email you back.
Apple needs your help to root out spammers, scammers, and other criminals from its app marketplace. iOS 15 now has a way for you to report any app to Apple. This is great, but Apple may never email you back. The day's news wraps up with the announcement that Qualcomm plans to purchase Veoneer for $4.5billion. This means Magna's deal with a smaller company is dead. TechCrunch reports that Veoneer is a Swedish auto tech company. This helps to put the deal into context. Qualcomm makes chips, and cars, as we've learned over the past few months, truly do require them.
TechCrunch Experts: Growth Marketing
Are you up to date with last week's coverage on growth marketing? You can read the entire article here.
TechCrunch 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.