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Hello and welcome to Daily Crunch for October 6, 2021. We have an absolutely filled newsletter for you today. So no jokes on our part, just a note that we put on the TechCrunch: SaaS sessions agenda, and it looks great. – Alexis
The Top 3 TechCrunch
- Google boosts African investments: American tech giant Google is investing $ 1 billion on the African continent to accelerate its digital transformation, including $ 50 million in local startups. Investment in African startups has intensified in recent quarters, making the Google news unsurprising, so welcome considering the uneven reality of global venture capital funding.
- Opportunities abound in the booming Latin American startup market: TechCrunch has dug where investors see gaps in the startup finance market in Latin America today, finding that while more emerging tech companies in the region are raising funds, there are still plenty of blind spots for investors to find. intrepid can find deals.
- Twitch hacked: Amazon’s Twitch video streaming service has been hacked, he confirmed today. Payment details, source code – the hack was more than just posting user data. It’s a pretty terrible time for Twitch, its parent company, and its vast user base. Change your passwords everyone, then get a password manager.
Startups / VC
There’s a veritable flood of startup stories on the blog today, so we’re ditching our usual format and proceeding with a few discreet blocks of news. Enjoy!
Get the details straight into your pitch deck
For the Pitch Deck Teardown at TechCrunch Disrupt, editor-in-chief Danny Crichton reviewed two decks, “a consumer and a business,” with three VCs:
- Maren Bannon, Co-Founder and Managing Partner, January Ventures
- Vanessa Larco, partner, NEA
- Ben Ling, Founder and General Partner, Bling Capital
Only the most exceptional pitch decks will receive more than a few minutes of attention, which is why Danny selected four slides “that inspired our panelists to show how VCs can have radically different views on the same material.”
(TechCrunch + is our membership program, which helps startup founders and teams get ahead. You can register here.)
Big Tech Inc.
Today in our big tech section, we start with an auto competition and then explore a series of policy-driven stories that shape the global tech market.
- GM intends to double its revenue and take market share from Tesla: By 2030, the US auto company General Motors wants to double its revenues and “regain market share of electric vehicles,” reports TechCrunch. Naturally, Tesla will have something to say about the latter goal, but it’s nice to see the North American EV market become more competitive.
- To do this, the company plans electric trucks, crossovers: GM’s popular ICE vehicles will transition electrically, with the company planning electric trucks and crossovers, he said at an event that detailed its future EV plans.
And now, PolicyCrunch:
- The UK is rolling out new regulations to protect young people on video apps: UK regulator Ofcom has new rules “designed to protect users under the age of 18 from harmful content such as hate speech and videos / advertisements that may incite violence against protected groups.” The new guidelines will impact services like TikTok, Twitch, and Snapchat.
- US-based companies may need to disclose ransomware payments in the future: It is always risky to cover again offers laws, but they provide direction for future regulation. In this case, a new offers The law would “require businesses in the United States to disclose any ransomware payment within 48 hours of the transaction.” What makes sense? Frankly? Now we just need something similar for data breaches.
- The European Parliament supports the ban on biometric mass surveillance: Worried that facial recognition is taking over the world and that you will never be able to travel without being closely watched? Well, good news if you live in Europe, where there is a new call for lawmakers to “permanently ban automated recognition of people in public spaces” except for those suspected of crimes.
TechCrunch Experts: Software Consulting and Growth Marketing
We recently added another vertical to the Experts project! If you have a software consultant that you think other startup founders should know about, fill out the survey here.
Read one of the testimonials we received below!
Consultant: Appetizer applications
Recommended by: André Eikmeier, founder of Good Empire
Testimony: “They had a good reputation around the world and had made good products. We also liked their flexible model: we were able to use our CTO to lead a team of six developers from the Appetizer team, with occasional UX / UI, product management and project management as needed; it was a collaboration proper, not a black box agency arrangement. So we were able to build capacity internally at the same time, rather than dependency. [Working with them] allowed us to get a first product iteration to market from scratch in three months. We were able to create iOS and Android versions simultaneously.
We continue to add content to our growing marketing vertical. Check out this article on TechCrunch + by Danny Crichton: “As Apple plays with attribution, what does growth marketing look like in 2021? If you think we should know a growth marketer, let us know.