ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Daily Crunch: Apple’s head of Privacy addresses concerns over Messages safety, child abuse detection

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

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.

Hello and welcome to Daily Crunch for August 10, 2021. Today we have all sorts of goodies for you: Apple’s privacy stance, cannabis tech, even some crypto-focused items. Please enjoy.

Also note that Salesforce’s Kathy Baxter is coming to TC Sessions: SaaS to talk AI, which is going to be a hoot. — Alex

Salesforce’s Kathy Baxter is coming to TC Sessions: SaaS to talk AI

The TechCrunch Top 3
  • Apple makes its privacy case: In a TechCrunch interview with Apple’s privacy chief Erik Neuenschwander, our own Matthew Panzarino got to ask questions about Cupertino’s impending software rollout of a method to detect certain abusive material. The decision by Apple has caused an uproar among privacy-minded groups.
  • We need more disaster tech: That’s Danny Crichton’s thesis after reading the latest IPCC report on climate change and considering his time reporting on startups building tech to better respond to increasingly common fires, floods and other forms of natural mischief. If you were hunting for a market where you might be able to build a company and make a difference, this could be your jam.
  • Salesforce announces Salesforce+: And yes, it is a streaming network of sorts. For context, Salesfoce used to host a yearly in-person event called Dreamforce. Then the pandemic hit. Now Salesforce is looking to build a home for Dreamforce online and extend its general video-and-content remit by producing more stuff, more often. The streaming service, which will focus on business topics, will be free when it launches later this year.
Startups/VC
  • Speaking of climate change: A startup called 44.01 just closed a $5 million round. What’s the money for? The company’s tech that turns carbon dioxide into stones. The process, called mineralizing, is known but not on a commercial scale. If 44.01 has its way, that could change.
  • In case you thought college kids had too much to do: Kiwibot, makers of a cute little robot that can deliver food, has “announced a partnership with food services and facilities management giant Sodexo to bring its robots to U.S. college campuses.” Now college students can ingest substances and not have to go pick up said vittles themselves. This makes me at once jealous and somewhat cranky about being old.
  • Auto insurance comparison app raises again: Jerry, which raised a $28 million Series B just a few months ago, is back with a new, larger round. This time it’s a $75 million Series C. Jerry, which has built an app that lets users compare insurance options, is in competitive territory. But given its new round, we presume that it has found an angle on its market that is proving lucrative thus far.
  • The Hyundai self-driving car program is coming to LA: Motional, a joint effort from Aptiv and Hyundai, is bringing its autonomous cars to Los Angeles via a new facility to do testing. What’s fun about this particular bit of news is that there are so many self-driving companies that I cannot keep them straight. Which means that perhaps one of them will nail the problem and I never have to drive again.
  • Surfside raises $4M for cannabis marketing tech: I suppose I didn’t know that cannabis needed marketing help, as it seems to sell itself rather well. But all the same, with myriad smaller cannabis brands getting started as the U.S. and other markets work in decriminalizing the drug, Surfside is building tech that may help them get to market.
  • In case you need just a little bit more, TechCrunch took a look at just how many crypto exchanges are raising money. Call it the Coinbase effect.
What’s driving the global surge in retail media spending?

As the pandemic changed consumer behavior and regulations began to reshape digital marketing tools, advertisers are turning to retail media.

Using the reams of data collected at the individual and aggregate level, retail media produce high-margin revenue streams. “And like most things, there is a bad, a good and a much better way of doing things,” advises Cynthia Luo, head of Marketing at e-commerce marketing stack Epsilo.

What’s driving the global surge in retail media spending?

(Extra Crunch is our membership program, which helps founders and startup teams get ahead. You can sign up here.)

Big Tech Inc.
  • OpenAI’s coding tool gets upgrades: The team behind GPT3 built something called Codex, which was designed to turn text into code. Now, with some improvements, it could be a service that even non-developers could use. It’s going into a private beta. Honestly, I can’t wait to try this out and see what I can build.
  • Amazon will comp users for defective products sold by third parties: For purchases of less than $1,000, if a third party sells a defective good on Amazon, the megacorp will directly reimburse customers. This is a big upgrade. And will provide a natural incentive for Amazon to clean up its marketplace of substandard goods.
  • Robinhood buys Say Technologies: Today in a $140 million all-cash deal, Robinhood announced that it will buy Say Technologies, which provides software that connects investors and public companies that they have backed. You can see how the model could fit into Robinhood neatly, perhaps making its service stand out from a pack of similar companies offering low- and zero-cost trading services.
  • Venmo users can now get crypto back instead of cash: If you use a Venmo credit card, you will be able to get cash back in the form of cryptocurrency instead of cash. You know, if you wanted to boost your portfolio risk slightly. Jokes aside, it’s a neat feature and shows how the major C2C payment platforms can keep elbowing their way into the crypto market.
TechCrunch Experts: Growth Marketing

Illustration montage based on education and knowledge in blue

Image Credits: SEAN GLADWELL (opens in a new window) / Getty Images

We’re reaching out to startup founders to tell us who they turn to when they want the most up-to-date growth marketing practices. Fill out the survey here.

Read one of the testimonials below about a Nigeria-based growth agency.

Marketer: Bili Sule, alGROWithm

Recommended by: Femi Aiki, Foodlocker

Testimonial: “Bili has a proven track record of driving growth, as the former vice president of Growth Marketing at Jumia Nigeria and as a senior growth consultant for Founders Factory Africa. She’s able to cut through the jargon/vanity metrics and has found a way to consistently and reliably engineer growth for us. What’s unique about Bili’s approach is that her strategy moves beyond just marketing. She is data-driven and takes an iterative experimental approach to unlocking growth across various business pillars, from marketing to product and operations.”

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.