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Daily Crunch: Zoom will pay $85M to settle lawsuit over ‘Zoombombing,’ user privacy

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

You can’t afford to make poor decisions about incentive stock options

When the time is right, employees should actively look for help from a qualified fiduciary financial adviser who can walk these could-be "options millionaires" through various cash-in scenarios.

Twitter partners with AP and Reuters to address misinformation on its platform

Twitter announced today it’s partnering with news organizations The Associated Press (AP) and Reuters to expand its efforts focused on highlighting reliable news and information on its platform.

Novakid’s investors bet $35M that it can teach kids English

If you’re trying to develop fluency in a non-native tongue, language immersion is a crucial part of the learning process. Surrounding yourself with native speakers helps with pronunciation, context

Demand Curve: Questions you need to answer in your paid search ads

Around 15% of website traffic comes through paid search ads. But to turn passive searchers into active shoppers, your ads should answer their question and entice them to click.

Planted raises another $21M to expand its growing plant-based meat empire (and add schnitzel)

Swiss alternative protein company Planted has raised its second round of the year, a CHF 19 million (about $21 million at present) “pre-B” fundraise that will help it continue its growth a

MGA Thermal raises $8M AUD led by Main Sequence for its modular energy storage blocks

MGA Thermal wants to help utility companies transition from fossil fuels to renewable energy sources with shoebox-sized thermal energy storage blocks. The company says a stack of 1,000 blocks is about

Amazon will pay you $10 in credit for your palm print biometrics

How much is your palm print worth? If you ask Amazon, it’s about $10 in promotional credit if you enroll your palm prints in its checkout-free stores and link it to your Amazon account. Last yea

Can your startup support a research-based workflow?

Most startups and scaleups are used to fast-paced resourcing and R&D cycles designed specifically for product development. However, there is no rushing academic-style research.

Google is building its own chip for the Pixel 6

Google just dumped a whole bunch of news about its upcoming Pixel 6 smartphone. Maybe the company was looking to get out in front of August 11’s big Samsung event — or perhaps it’s just hopi

Salesforce steps into RPA buying Servicetrace and teaming it with Mulesoft

Over the last couple of years, robotic process automation or RPA has been red hot with tons of investor activity and M&A from companies like SAP, IBM and ServiceNow. UIPath had a major IPO in Apri

All-electric 2022 Audi e-tron GT and RS e-tron GT provide a pop of tech in understated packaging

Luxury, technology and a whole lot of flash often go hand in hand. In the age of space-faring billionaires, we all expect the latest wiz-bang gadget to look like something from the future, right? Not

Google gives the world its first official glimpse of the Pixel 6

While the company isn’t revealing everything about it just yet, this morning Google gave the world its first official peek at its next flagship phone: the Pixel 6. Here’s what we know so f

Pokémon GO influencers threaten a boycott after Niantic removes COVID safety measures

The creators of Pokémon GO, Niantic, developed one of the first mainstream augmented reality games, boasting 166 million users and over a billion dollars in revenue last year. Taking inspiration from

The next generation of global payments: Afterpay + Square

Sunday was a big day in fintech: Afterpay has agreed to merge with Square. This agreement sets two of the most admired financial technology companies in recent history on a path to becoming one.

Lilium in talks with Brazilian airline for $1B order

German electric aircraft startup Lilium is negotiating the terms for a 220-aircraft, $1 billion order with one of Brazil’s largest domestic airlines, the companies said Monday. Should the deal with

Cloud infrastructure market kept growing in Q2, reaching $42B

It’s often said in baseball that a prospect has a high ceiling, reflecting the tremendous potential of a young player with plenty of room to get better. The same could be said for the cloud infr

Tech leaders can be the secret weapon for supercharging ESG goals

Over the past few years, we have seen an uptick in organizations setting long-term sustainability goals. However, CEOs and CSOs typically forecast these often long-term and aspirational goals.

Reese Witherspoon’s Hello Sunshine sold to new media firm from former Disney execs

Hello Sunshine, Reese Witherspoon’s media company that has produced content for streaming services like Hulu, Apple and HBO, among others, has been sold to a yet-unnamed new media firm run by fo

Why Square is shelling out $29B to snag BNPL player Afterpay

With PayPal, Klarna, Afterpay, Affirm and a host of smaller BNPL providers proving that customers like fee-based installment loans for online purchases, Square had to join the fight or miss a trick
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