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Additional, further, learn all about it — Sheryl Sandberg stunned us this afternoon and mentioned she was stepping down as Meta COO. We’re nonetheless determining the main points, so keep tuned for extra. And oh Hai! Or somewhat, Ohio — extra particularly, Columbus, Ohio. Right this moment, we’re doing our Metropolis Highlight, and we’ve been exploring who’s constructing in Columbus, and the way it turned the tech hub of the Midwest. We additionally dove into why Intel selected town to construct its $20 billion manufacturing services. — Haje and Christine
The TechCrunch Prime 3
- Buick going full EV: In case you are into electrical autos, you’ll love right now’s Each day Crunch. First up is Buick, which is filled with surprises right now — not solely did the corporate say it’s transitioning to electrical autos solely, however after just a few years of specializing in SUVs, Buick goes again to its coupe and sedan roots. The Wildcat appears like a candy trip. If it wasn’t already evident, the U.S. is getting extra critical about EVs, per Tim. Talking of a candy trip, the Eighties are certainly again in fashion. Jaclyn additionally wrote concerning the new DeLorean, which is being reimagined as an electrical car. Sorry, no flux capacitor on this one, however fortunately you received’t want the plutonium or the 1.21 gigawatts.
- Tiger will get its claws into Slice: Getting a checking account will be straightforward; getting credit score, not a lot. Slice is an Indian fintech firm working to vary that and is now buoyed by a brand new Tiger International–led $50 million spherical that Manish experiences has the corporate in unicorn territory. Slice is bringing credit score to the lots in that nation by bringing know-how to the underwriting course of and is issuing a whole bunch of hundreds of playing cards monthly, placing it on the high of its sport within the South Asian market.
- A “Netflix for schooling”: Spain-based Odilo has a catalog of practically 4 million instructional gadgets and right now introduced in $64 million to maintain hidden. No, actually, as Ingrid writes, the “white-labelness” of the corporate means companies can construct their very own custom-made e-learning choices, however clients might solely see the schooling portal it’s powering because the front-facing model, like, ahem, Google, which we discuss rather a lot right now within the Massive Tech Inc. part.
Startups and VC
Each time I clarify what a SPAC is to somebody, they go, “Wait, how is that authorized?” It looks like some of us in authorities agree, Connie experiences, with Sen. Elizabeth Warren planning a brand new invoice to tame the wild, wild west a bit. The regulation could also be a bit late — curiosity was on the wane already, when the SEC warned in March final yr that SPACs weren’t accounting accurately for investor incentives known as warrants.
The opposite factor we wish to have a good time is irreverence and pleasure. Haje wanted wafting with palm fronds after getting a bit excited a couple of new photo-forward guide about electronics, and Amanda misplaced her marbles over a few new Pokémon, together with one known as Lechonk.
Different issues to get enthusiastic about:
- Eliminating plastic, very implausible, not even being sarcastic: Kate experiences how plastic upcycling startup Novoloop raises $10 million to speed up commercialization.
- Singing a tune of chaos: Frederic experiences that utility safety testing platform Code Intelligence raises $12 million to inject a load of rubbish inputs into your apps. Additionally, this was the day we discovered about fuzzing. Fascinating!
- Web of downswings: IoT has change into one of many high vectors of hacker assaults, and Ordr simply raised $40 million to watch the 35 billion units on-line, Kyle experiences.
- The workplace doorways had been left unlocked: China-backed hackers are exploiting an unpatched zero-day vulnerability to execute malicious code remotely on Home windows programs, Carly experiences.
- I wish to re-ride my e-bicycle: French startup Upway raised a $25 million spherical. Romain experiences the corporate sells secondhand refurbished electrical bikes.
- Should you fund it, they’ll construct: Constrafor is a SaaS building procurement platform with embedded financing. It simply raised $106 million, Christine experiences.
- Strike an expose: Freelance photographers can use Smiler to roam round occasions, promoting occasion pictures, enabling clients to purchase photographs on the spot or later on-line, Mike experiences.
Pricey Sophie: How will we qualify for every of the O-1A standards?
![lone figure at entrance to maze hedge that has an American flag at the center](https://techcrunch.com/wp-content/uploads/2022/04/dear-sophie-immigration-maze-3-copy.jpg)
Picture Credit: Bryce Durbin/TechCrunch
Pricey Sophie,
Our startup will likely be sponsoring my co-founders and me for O-1A visas.
How will we qualify for every of the O-1A standards?
— Extraordinary Entrepreneur
(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You may enroll right here.)
Massive Tech Inc.
We promised above, and now we’re delivering the entire scrumptious Google-ly goodness. Let’s begin with some information that may make you smile — Google is increasing its program aimed toward offering job readiness and digital abilities for previously incarcerated folks. The corporate may even make investments $4 million in decreasing obstacles for these people to change into gainfully employed. Subsequent is a report exhibiting that Chrome nonetheless edges out Apple’s Safari for customers, although Apple ought to nonetheless have a good time reaching 1 billion customers. To not be undone by:
Not a lot of a shock with this subsequent report, however it appears the U.Ok.’s new social media watchdog group Ofcom has discovered that social media giants usually are not taking girls’s security critically. Its research of some 6,000 folks discovered that despite the fact that girls spend a bit extra time than males on-line, they nonetheless don’t really feel like they’ll categorical their opinions as freely as their male counterparts. In flip, Ofcom is urging social media firms to do one thing about it, specifically make their platforms extra welcoming.
Cryptocurrency has not been feeling the love currently, what with the entire TerraUSD factor, amongst others, and right now the sector takes one other hit as certainly one of its personal is arrested. Formal expenses had been made in opposition to former OpenSea head of product Nate Chastain for “wire fraud and cash laundering in reference to a scheme to commit insider buying and selling.” Chastain was fired from his job final yr after being accused of “front-running purchases of NFT collections that he knew had been about to be featured prominently on the homepage of OpenSea.”
Please take pleasure in these different morsels:
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