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By Christine Hall

Wednesday, July 05, 2023

Today, Twitter’s new login requirement for viewing tweets came in like a lion and apparently went out like a lamb. Yes, it’s July not March, but you can’t help but picture Twitter executives quietly crossing that idea off their list and trying to forget it ever happened. Also, if you use TweetDeck, you’ll want to take note of this new policy.

Meanwhile, French accounting startup Dougs took its first funding after bootstrapping for the past eight years. Find out why it took the VC plunge.

Going back to that Twitter item for a moment, while we don’t know what is on Elon Musk’s mind until he tweets it, it’s probably no coincidence that the social media giant walked back that login requirement a day after news of Meta’s Threads app came out. Threads is Instagram’s Twitter competitor, dropping tomorrow, and already gives you built-in follow and follower bases from your IG account. And you can read posts without an account. However, there are already rumblings that the Threads app won’t have ActivityPub support at launch and the app is already a bit of a privacy nightmare. So much so that it won’t launch in the EU yet.

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Image Credits: DigitalVision Vectors / Getty Images

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That’s going to be an awkward ask: PharmEasy, once valued at $5 billion, is reportedly going after new funding at a 90% valuation cut.

I want to scan you all over: Neko Health, a company co-founded by Spotify co-creator Daniel Ek, raised $65 million in its first round of external funding to develop preventative healthcare measures via full-body scans.

Hey, you, get into my car: China’s WeRide secured a self-driving vehicle license from the UAE.

Turning a corner: Cornerstone VC hires Ella Wales Bonner as first female partner.

More transparent: NYC’s anti-bias law for hiring algorithms goes into effect.

Let’s get physical: Munich-based EGYM pumps up its smart fitness connected device with $225 million from Jared Kushner’s Affinity Partners.

Back to the drawing board?: U.K. security researchers are the latest to blast the region’s Online Safety Bill as an encryption risk.

The chain is still broken: CADDi grabs $89 million in new funding to scale its B2B supply chain marketplace for manufacturing parts.

Up, up and away: Jeff Bezos’ space company Blue Origin wants to take its operations internationally and beyond.

Ludicrous speed . . . go!: The White House was sent to the courtroom this week where a judge ruled it couldn’t talk to social media companies in certain ways.

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Image Credits: Nasir Kachroo / NurPhoto

Deep tech in Latin America and the Caribbean is set to skyrocket

According to a study issued by Inter-American Development Bank, deep tech founders considering starting up in Latin America and the Caribbean (LAC) have a lot to look forward to.

“The report concludes that there is room for a twentyfold increase in VC investment into LAC deep tech startups over the next decade,” writes Anna Heim in TC+

Two more from TC+:

Yes, investors will sign an NDA, but only in this specific circumstance

What’s it like being a Black founder in France?

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription.

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Deep tech in Latin America and the Caribbean is set to skyrocket image

Image Credits: Bryce Durbin / TechCrunch

Get your TechCrunch fix IRL. Join us at Disrupt 2023 in San Francisco this September to immerse yourself in all things startup. From headline interviews to intimate roundtables to a jam-packed startup expo floor, there’s something for everyone at Disrupt. Save up to $600 when you buy your pass now through August 11, and save 15% on top of that with promo code DC. Learn more.

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