Fallout continues from this week's big Twitter hack, podcaster Harry Stebbings launches a small VC fund and robots help sort mail. Here is your Daily Crunch for July 17th 2020.
The big story: more details emerge in the Twitter hackAs we recapitulated in yesterday's newsletter, several high-profile Twitter accounts were hacked earlier this week as part of what appeared to be a cryptocurrency scam. So how bad was it?
"We have no evidence that the attackers had access to the passwords," said the company. "Currently, we believe there is no need to reset your password."
However, Twitter did not comment on whether the hackers were able to access users' direct messages. Senator Ron Wyden criticized the company for not having end-to-end encryption of the DMs: "While it is still unclear whether the hackers behind yesterday's incident gained access to direct Twitter messages, this is a vulnerability. that has lasted too long, and one that is not present in other competing platforms. "
The giants of technologyApple opens another megastore in China amid criticism from William Barr: Apple has opened a new store in Beijing's upscale Sanlitun shopping district, doubling the size of the previous store in that location.
Federal court rules that WhatsApp and Facebook malware exploitation case against NSO Group can proceed - Last October, WhatsApp and its parent company Facebook filed a complaint claiming that NSO Group exploited an audio call vulnerability in the app messaging to send malware to around 1,400 mobile devices.
Startups, financing and venture capitalGive us your seed round and we'll send you double - The latest episode of Equity talks about the funding rounds for Macro, The Browser Company and LiteBoxer.
From Twenty Minute VC to 20VC, Harry Stebbings launches a micro VC on the back of his famous podcast - The plan for Stebbings' new $ 8 million fund is to invest in U.S. startups in various stages along with level 1 co-investors.
Marketing, public relations and brand building, oh my! ProWellTech Early Stage will close on July 21 and 22 - At next week's virtual event, we will hear some of the best minds in the world in the areas of marketing and brand building.
Extra Crunch tips and analysisExtension rounds help some startups to take offense during COVID-19 - A recent flurry of extension rounds for hot startups like Stripe and Robinhood suggests that this type of investment has suddenly become cool.
Sophia Bendz, a former Spotify marketing executive who became VC for her love of early stage investment, Bendz recently joined Berlin's Cherry Ventures to focus on startups in the Nordic region.
Assessing the potential for a giant economy in education - Entrepreneur and investor Rish Joshi examines platforms that could help teachers offer more personalized learning.
(Reminder: Extra Crunch is our subscription program, which aims to democratize startup information. You can sign up here.)
All the restSpaceX and NASA aim for August 1 for Crew Dragon's return journey with astronauts on board: SpaceX's Crew Dragon capsule has been docked at the International Space Station since its first manned launch in May. Now he is preparing for his return journey.
FedEx is using robotic weapons to sort packages in a Memphis facility. In March, FedEx installed a quartet of robotic weapons from Yaskawa America and Plus One, with the aim of helping to order the huge number of packages that run through its Memphis facility.
Play the prologue of "Linda & Joan", a video game about the worst year of its creator's life - The full game is not scheduled until 2022, but you can take a look at what a video game about pain might look like.
The Daily Crunch is ProWellTech's collection of our biggest and most important stories. If you would like this to be delivered to your inbox every day around 3:00 PM Pacific, you can sign up here.
