Venmo's the first credit card has arrived, a former Amazon employee is arrested for fraud and we review the Nest Audio smart speaker. This is your Daily Crunch for October 5th, 2020.
The big story: Venmo launches a credit cardPayPal Venmo already offers a Mastercard-branded debit card, and a year ago announced it was planning to launch its first credit card as well. Today he kept that promise.
The Venmo credit card is a Visa card that offers personalized rewards and a 3% refund on eligible purchases. The cards are available in five colors and include the user's Venmo QR code on the front.
Of course, it also integrates with Venmo, allowing customers to track their expenses and make payments from the mobile app. The card is currently available to select Venmo users, with plans to launch for the rest of the United States in the coming months.
The tech giantsFeds Arrest Former Amazon Employee After Company Reported Him to FBI for Fraud Amazon.com to itself and its associates.
Nest Audio Review: Brian Heater says it's a welcome update to Google Home.
Instagram Expands Shopping on IGTV, Schedule Shopping Test on Reels - Product lets you watch a video, then buy the featured product with just a few taps.
Startups, financing and venture capitalOla fails to get London ride-hailing license renewal, says it will appeal and continue to operate - India-based ride-hailing startup is not getting its Transport for ride-hailing license renewal London after failing to meet public safety requirements for driver and vehicle licensing.
Cooler Screens Raises $ 80 Million to Bring Interactive Screens to Cooler Aisles - Cooler Screens is led by co-founder and CEO Arsen Avakian, who was previously the founder and CEO of Argo Tea.
GrubMarket Raises $ 60M While Food Delivery Remains Center Stage - The startup provides a platform for consumers to order products and other food and household items for delivery, as well as a service that supplies products to grocery stores, businesses. meal kits and other food tech startups for resale.
Tips and analysis from Extra CrunchAccel VCs Sonali De Rycker and Andrew Braccia say the pace of the European deal is "incredibly active" - De Rycker's comments point to a future where there is no single center of gravity for startups.
Two Kindred Capital partners discuss the company's focus and fair venture capital model: London-based VC, which supports early stage founders in Europe and Israel, recently closed its second seed fund at £ 81 millions.
(Reminder: Extra Crunch is our membership subscription program, which aims to democratize information about startups. You can sign up here.)
All the restCamera that will film a spacewalk in VR delivered to the International Space Station - The camera will be used to film a spacewalk in immersive, cinematic virtual reality for the first time ever in an upcoming ISS astronaut mission.
Original Content Podcast: Netflix's "Away" skillfully balances space exploration and human drama - I was afraid the show might be a little too tearful and melodramatic, but I was wrong.
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