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We are pleased to welcome you to Daily Crunch for October 29, 2021. We understand if you feel overwhelmed by all the news this week. This week, Facebook changed its name, Samsung and Google launched new hardware, Apple laptops were reviewed, Sequoia was revamped, Big Tech earnings, Ro issues, Sequoia's entire structure was revamped, Sequoia raised $82 million and eighty-eight startup funding rounds were all part of this week's news.
We made it! Let's go over the biggest news today and then dive into this weekend! Alex
TechCrunch Top 3
Public cloud revenues exceed $45B: The third quarter's value of public cloud revenue from Amazon, Microsoft, and Google reached $45 billion. This is a run rate of $180 billion. This figure shows how far cloud computing has advanced in recent years. It includes spend from many companies, large and small, tech or not. TechCrunch investigated the impact of the chip shortage on the growth of the public cloud lords.
The third quarter saw $45 billion in public cloud revenue from Amazon, Microsoft, and Google. This is a total of $180 billion. This figure shows how far cloud computing has advanced in recent years. It includes spend from many companies, large and small, tech or not. TechCrunch investigated the impact of the chip shortage on the growth of the public cloud lords. Trump's social network in trouble: It was joked about when it was first announced. Yes, the pranksters were busy in a hurry. The biggest threat to Trump's Truth Social product, however, is Mastodon, an open-source project you haven't heard of in a while. TechCrunch reports that the social project claims Truth Social is using open source software as its own. They have been given 30 days to correct this.
Yes, it was mocked at the time it was announced. Yes, it was mocked when it was announced. The biggest threat to Trump's Truth Social product, however, is Mastodon, an open-source project you haven't heard of in a while. TechCrunch reports that the social project claims Truth Social is using open source software as its own. They have given them 30 days to correct this. TechCrunch also took the time to analyze the results from Denver, Colorado. Startups in Denver, along with their regional counterparts, are raising large amounts of capital. We discovered that Denver's startup boom was the result of a long period in which technology industry giants invested heavily in the local scene.
TechCrunch has taken the time to analyze the results of the Denver startup market after our examination of the Midwest. Startups in Denver, along with their regional counterparts, are raising large amounts of capital. What we discovered was that Denver's startup boom happened after years of investment from some of the biggest names in the technology industry. Googles partnership in India with Jio is a lighter option.
Startups/VC
Kurly targets $5.9B in an IPO: Grocery delivery can come in many forms. There are the immediate players, two-hour delivery crew, and Kurly's Korean business, which is delivering food the next day. The unicorn has not been hurt by the slower model, and plans to list next year with a valuation of nearly six billion dollars.
There are many options for grocery delivery. There are the immediate players, two-hour delivery crew, and Kurly's Korean business, which delivers groceries the next day. The unicorn's slower business model has not hurt it. It plans to list next year at a value of nearly six billion dollars. Celebrities support electric boat venture: Much like venture capitalists continue to back email startups in the hope of solving their personal communications crises, some celebrities have backed Arc, which makes an expensive, but very stylish, electric boat. With a price tag around $300,000, its not a surprise that well-known celebrities-cum-investors Will Smith, Kevin Durant and Diddy are backing the company given that its product is inside their price range. The Matchbox version will suffice for you and me.
Just like venture capitalists continue to back email startups hoping to solve their personal communications crises, celebrities have backed Arc, which makes an expensive, but very stylish, electric boat. With a price tag around $300,000, its not a surprise that well-known celebrities-cum-investors Will Smith, Kevin Durant and Diddy are backing the company given that its product is inside their price range. My Matchbox version will suffice for you and me. Patreon is ready to embrace crypto: Patreon could be a part of the crypto boom with creator payments and content platform Patreon. TechCrunch reports that Patreon is exploring how crypto could be used to enhance its creator-rich user base.
Patreon and creator payments may be able to get in on the crypto boom. TechCrunch reports that the company is investigating how crypto could be used to benefit its creator-rich user base. Social Chat believes that consumers desire more personal digital shopping experiences. Personally, I think the best thing about online shopping is being able to shop without having to interact with other people. Social Chat seems to be disagreeing with many customers. The company raised $6 million to make online shopping more like IRL.
One of the greatest things about shopping online is the freedom to shop without having to interact with other people. Social Chat seems to be disagreeing with many customers. The company raised $6 million to make online shopping more like purchasing items in person. We have the answers to your questions about the three most popular funding rounds of the week.
The next wave of tech giants from Southeast Asia
Are tech startups in Southeast Asia poised to reach a tipping point?
There are already four hundred million internet users in the region. However, by the end of the decade, an estimate suggests that at least 80% of those over 15 years old in Indonesia, Malaysia and the Philippines, Singapore, Thailand, Vietnam, and Singapore will be digital consumers.
According to Jungle Ventures calculations the region's digital companies are worth around $340 billion at the moment and will grow to $1 trillion in 2025, according to Amit Anand, founding partner.
Anand mentions that e-commerce, fintechs, and rapid digitization are some of the factors changing the landscape for Southeast Asia's startups. However, supply chain technology is also an important opportunity.
The region is showing no signs of slowing down, with more announcements of new deals and plans to list in the U.S. every day. There are many more unicorns on the horizon.
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Big Tech Inc.
You can now access Super Follows if you're on iOS. Twitter's product barrage generated hits (Spaces), and flops(Fleets). Twitter continues to work on its Super Follow product regardless of whether it has momentum or not. All iOS users worldwide now have access to this feature! You can now pay for Super Follow creators.
The Twitter product barrage has produced hits (Spaces), and flops ("Fleets") Twitter continues to work on its Super Follow product regardless of whether it has momentum or not. All iOS users worldwide now have access to this feature! Superfollow creators can be paid. German company will invest more in chip production. In the future, chip autonomy will replace food independence as a national security priority. Germany may be able to relax when this happens, since Robert Bosch GmbH, a domestic concern, is investing nearly half a billion in increasing chip production. Please, more of this.
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