Subscribe here to receive TechCrunch's top stories and the roundup delivered straight to your inbox each day at 3:00 PDT.
Daily Crunch October 6, 2021: Hello! Today's newsletter is packed with information. We won't make any jokes, but we have put together the agenda for TechCrunch Sessions SaaS and it looks great. Alex
TechCrunch Top 3
Google invests $1 billion in Africa: The U.S. tech giant Google has invested $50 million to local startups and is investing $1billion in the continent's digital transformation. Google's announcement is not surprising, especially considering the uneven nature of global venture capital funding.
Google, the U.S. tech giant, is investing $1Billion in Africa to accelerate its digital transformation. This includes $50M for local startups. Google's announcement is unsurprising if we consider the uneven reality in global venture funding. In recent quarters, African startup investment has been growing. There are many opportunities in Latin America's growing startup market. TechCrunch examined where investors see gaps in today's funding market for startups in Latin America. It found that although more companies are raising capital in the region, there are still plenty of blind spots where investors can find deals.
TechCrunch examined the gaps investors see in the funding market in Latin America today. It found that although more startups are raising capital, there are still plenty of opportunities for investors to find deals. Twitch was hacked: Amazon's Twitch video streaming platform was hacked today, it said. The hack did more than just allow users to access their data. This is a terrible time for Twitch, its parent company, and its large user base. Everyone, change your passwords and then get a password manager.
Startups/VC
Today's startup news is overwhelming. We decided to change our normal format and present a few blocks of news. Enjoy!
Make sure you get the details right in your pitch deck
TechCrunch Disrupt's Pitch Deck Teardown, Danny Crichton, the Managing Editor, reviewed two decks, one for consumers and one for enterprises, along with three VCs.
Maren Bannon, January Ventures co-founder and managing shareholder
Vanessa Larco, partner, NEA
Bling Capital's founder and general partner is Ben Ling
Only the best pitch decks will be given more attention than a few minutes. Danny chose four slides to provoke our panelists. They showed how VCs can have radically differing views on the same material.
TechCrunch+ is our membership program that helps founders and startups get ahead. Sign up here
Big Tech Inc.
Our big technology section started today with an automotive competition, and then we delved into a series of policy-focused stories about the global technology market.
GM plans to double revenue and take Tesla market share. TechCrunch reports that General Motors (the U.S. auto company) wants to double its revenues by 2030 and to take over the market for EVs. Tesla will undoubtedly have their own opinions on the latter goal but it is nice to see the North American electric vehicle market become more competitive.
TechCrunch reports that General Motors in the United States wants to double its revenue and take over the market share for EVs by 2030. Although Tesla will likely have its own opinions on the latter, it is nice to see the North American electric vehicle market become more competitive. The company is planning electric trucks and crossovers to achieve this goal. During an event, the company revealed its plans for future EV projects.
And now, PolicyCrunch:
New regulations are issued by the U.K. to protect youths from video apps. U.K. regulator Ofcom released new rules to protect users aged 18 and under from hate speech, videos/ads that incite violence against protected groups, and other services such as Snapchat, Twitch, and TikTok.
Ofcom, the U.K. regulator has released new rules to protect users aged 18 and under from harmful content. These include hate speech and videos/ads that incite violence against protected groups. U.S.-based businesses may be required to disclose ransomware payments in the future. While it is always risky to apply new laws, they offer direction for future regulation. A new law, which is being considered in this instance, would require U.S.-based businesses to report ransomware payments within 48 hours. Sincere? We just need something like this for data breaches.
Although it is always risky to apply new laws, they can provide guidance for future regulation. A newly proposed law would require U.S. businesses to report ransomware payments within 48-hours of transactions. Sincere? We just need something like this for data breaches. European Parliament supports ban on biometric mass surveillance. Worried about facial recognition taking over the world, and that you won't be able travel freely without being questioned? Good news for those who live in Europe. There is now a call for legislators to ban automated recognition of people in public spaces. This would only apply in cases of suspected crimes.
TechCrunch Experts - Software Consulting and Growth Marketing
Recently, we added another vertical to our Experts project! Fill out this survey if you know of a software consultant who startup founders should be aware.
Check out the testimonials below!
Consultant: Appetiser Apps
Recommendation by: Andre Eikmeier (founder of Good Empire).
Testimonial: They were well-respected globally and produced quality products. We liked their flexible approach. Our CTO was able to manage six developers from the Appetiser group, as well as occasional UX/UI and project management. It was a collaborative arrangement, not an agency arrangement. We were able build our own capability, instead of relying on others. Working with them allowed us to bring a product to market in just three months. We were able simultaneously to develop iOS and Android versions.
We are adding content to our growth marketing channel. This TechCrunch+ article by Danny Crichton is available.
