Malicious hackers gain access to 7 million Robinhood customer names, emails – TechCrunch
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Hello friends! Welcome to Daily Crunch for November 9, 2021. Today we have a lot of good news and bad news. Good? Another startup is taking on the incumbent web search provider, and we’re seeing more funds in more places raising bigger vehicles for investment. The bad? Well, it depends on whether or not you are a Robinhood user. – Alexis
The Top 3 TechCrunch
- Robinhood’s data breach steals the user and gives the hacker: A social engineering hack led an external party to gain access to Robinhood’s internal tools. According to TechCrunch reports, “over 5 million customer email addresses and 2 million customer names taken, along with a much smaller set of more specific customer data.” For a company that recently posted somewhat lackluster profits, this is not very good.
- You.com wants to take on Google: The list of startups launching into Google search is starting to grow. Brave is hers. Neeva too. DuckDuckGo a summer work on the subject. And now You.com has $ 20 million to help with its search service, which I found today while testing it has a somewhat drastic interface on display.
- Twitter has the blues: But it’s pretty happy. Why? Because Twitter’s subscriber service Blue is now available in more markets. This has led to a wave of people signing up and playing with the service, at least on my timeline. So far people seem to like it. It’s cheap, and considering the amount of time so many of us spend on Twitter, it’s a no-brainer at this point.
Startups / VC
- Health tech startup Color takes $ 100 million: After raising $ 167 million earlier this year, Color is back in funding with yet another nine-figure round. The startup’s “software and infrastructure provide tools for preventive health and infectious disease management by making health programs more accessible,” TechCrunch reports. Given that the company is now valued as a public company, it will be interesting to see how quickly Color files an S-1.
- Good news for Chicago: Sure, the Midwest is seeing its startup fundraising totals skyrocket, but not all of that capital comes from local sources. This could be more important in the future, as the city’s Origin Ventures secures its biggest fund to date.
- Brian Heater from TechCrunch has some really interesting notes on a startup building tiny robots here. That I evoke so that you can read it, and so you can sign up for his next robotics newsletter called Actuator.
- $ 15 million to follow crypto shenanigans: Crypto risk monitoring is becoming an increasingly important business, according to TechCrunch, which has led Solidus Labs to raise eight digits for its work in the marketplace. It can detect manipulation and other kinds of market distortions that people probably care about, given the amount of money that is flowing in the crypto markets these days.
- Medium buys Projector: In its current permutation, Medium is a publishing platform focused on external contributors. I think. It’s been a few cycles since I made the last hype about the company. Anyway, the old editor – plasticizer? – bought a startup called Projector, and TechCrunch has the story.
- Emergence invests in Talent Hack: Focused on fitness creators, Talent Hack raised $ 17 million for its service which provides “payment processing, website design and publishing, scheduling software, email automation and CRM. To its target niche. Given the importance of the designer economy today, seeing the emergence of targeted services is no surprise.
- The air base breaks free, challenges its rivals: In the great corporate spending war, the discussion between free and paid took a new turn this morning with Airbase announcing a zero cost level of its previously paid service, and that it will return almost all of its revenue. exchange to users. . Slim. Expect rival Ramp and Brex moves in no time.
- Truveta raises $ 100 million for its health data platform: Working with a dozen healthcare providers, Truveta is now much richer than it used to be and is ready to start letting early adopters use its data service. The company’s technology can provide daily insight into the health of the United States, including the performance of different vaccines on the market.
- If something safe is secure, is it something that is very sure Socure? Look, we’re just trying to find the name of this startup. Either way, the company just raised $ 450 million for a valuation of $ 4.5 billion. The highly regarded private company uses AI and ML to confirm identities online. It has now grown thanks to an E series, which already stands for Enough; Go in public.
- And to close us off, TechCrunch has notes regarding the first price bracket of Sweetgreen’s IPO.
15 Sectors Ft Ventures Expects Deep Tech to Disrupt Over Next 5 Years
Deep technology has a lot of potential to change how our world works, but many applications are still years to reach the market.
Looking ahead, Anna Heim analyzed pi Ventures’ Deep Tech Shifts 2026 report, which explores 15 deep tech subsectors that are expected to reach an inflection point over the next five years.
“If you invest too early in an innovation, you will get sub-optimal returns,” said Manish Singhal, founding partner. “If you invest too late, you also risk getting sub-optimal returns because it’s not a state-of-the-art thing anymore.
“If the investment and the moment when innovation hits a resonance point come together, then good things happen. “
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Big Tech Inc.
- People are surprised that a very rich person owns crypto: That the person in question is Tim Cook makes the news a little more interesting, new, but still not surprising. Apple’s CEO hasn’t made any news about his business other than to indicate that it doesn’t appear to have any near-term crypto hopes and / or dreams. Still, is it possible to be surprised that a person with wealth roughly the size of the moon or more owns crypto assets? No.
- Everyone wants to get into the games: TikTok has gaming news today, as does Netflix. Basically, gaming is a huge business and any platform media business probably needs to have a gaming strategy on time.
- Microsoft is attacking Chromebooks: With a new inexpensive laptop running a variant of Windows 11, Microsoft wants to fight Google’s success in the classroom with its efforts on the Chromebook.
- Airbnb strengthens guest safety and consumer confidence: Look, there’s a lot of news in Jordan Crook’s latest Airbnb post, but what matters most is that the house rental company is bringing better WiFi speed ratio to their platform. Rejoice!
- Lyft will bring driverless taxis to Vegas in 2023: The steady pace of actual self-driving car business news continues today, albeit with news from Lyft that is both limited and remote from the market. Yet every news that self-driving cars are coming makes my heart sing.
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