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| Tesla hits a financial milestone, Discord is now valued at $3.5 billion and we unpack the ððð phenomenon. Here’s your Daily Crunch for July 1, 2020. |
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| In 10 years, Tesla has gone from public market newbie to the most valuable automaker in the world. The electric automaker had long since passed the valuations of Ford and GM â and in January, it became the most valuable U.S. automaker ever when its market capitalization hit $81.39 billion. Still, a few automakers remained ahead of Tesla globally, until today. Tesla shares popped this morning, and the companyâs market cap now stands at nearly $208 billion, surpassing Toyota. Read more |
|  Image Credits: Mason Trinca for The Washington Post / Getty Images |
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| âIt turns out that, for a lot of you, it wasnât just about video games anymore,â wrote co-founders Jason Citron and Stanislav Vishnevskiy in a blog post. Discord, they said, is âa place to have genuine conversations and spend quality time with people, whether catching up, learning something or sharing ideas.â Read more |
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| In 36 hours, a diverse group of young entrepreneurs and technologists used a mysterious meme to raise more than $200,000 for three charities supporting people of color and the LGBTQ community: The Okra Project, The Innocence Project and The Loveland Foundation. Read more |
|  Image Credits: Tim Robberts / Getty Images |
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| Facebook took action to remove a network of accounts Tuesday related to the âboogalooâ movement, a firearm-obsessed anti-government ideology that focuses on preparing for and potentially inciting a U.S. civil war. Read more |
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| Lawyer Sophie Alcorn lays out the current immigration landscape for a Bay Area recruiter. (Extra Crunch membership required.) Read more |
|  Image Credits: Sophie Alcorn |
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| The bump in pricing is now one of several price increases YouTube TV has seen since its debut, due to the rising costs of programming for the streaming TV service â with the cord cutting trend now accelerating due to the pandemic. Read more |
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| NASA has announced its latest batch of small business grants, providing more than 300 businesses a total of $51 million in crucial early-stage funding. These âphase Iâ projects receive up to $125,000 to help bring new technologies to market. Read more |
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