Published On: Thu, Jul 16th, 2020

Daily Crunch: Google backs India’s Reliance Jio

Reliance Jio continues to supplement billions of dollars to a bank account, Apple scores a taxation feat in Europe and researchers exam a complement for undersea Wi-Fi (with lasers!). Here’s your Daily Crunch for Jul 15, 2020.

Google invests $4.5 billion in India’s Reliance Jio Platforms

Another hulk tech association has invested in India’s largest telecom, following Facebook’s investment a integrate of months ago. Reliance Jio has lifted about $20.2 billion in a past 4 months — some-more than a whole Indian startup ecosystem lifted final year. Google and Reliance Jio will also be operative together to rise low-cost Android smartphones.

“Getting record into a hands of some-more people is a vast partial of Google’s mission,” pronounced Google CEO Sundar Pichai. “Together we are vehement to rethink, from a belligerent up, how millions of users in India can turn owners of smartphones.”

The tech giants

Apple and Ireland win interest opposite a European Commission’s $15 billion taxation statute — Four years ago, a European Commission pronounced that Ireland had unsuccessful to collect around $15 billion in taxes from Apple, though a European Court of Justice has annulled that decision.

Zoom introduces all-in-one home communications apparatus for $599 — The new Zoom for Home – DTEN ME includes a vast inscription with 3 wide-angle cameras and 8 microphones.

Snap debuts a 13-week remote module to assistance developers emanate deeper Snap Kit integrations — Yellow Collabs is an enlargement of Snap’s Yellow division, that formerly consisted usually of a startup accelerator.

Startups, appropriation and try capital

Fraud showing startup Ravelin secures $20M Series C — The startup’s idea is to use appurtenance training to urge a rascal showing process, giving merchants some-more certainty in usurpation business and transactions.

Lemonade launches pet word — This is Lemonade’s initial new straight given it launched renters and homeowners word in 2016.

Substack launches Defender, a module charity authorised support to eccentric writers — The newsletter height pronounced it will establish who to support on a case-by-case basis, covering adult to $1 million in authorised fees (or even some-more in “exceptional cases”).

Advice and research from Extra Crunch

How to do remote work right, from a teams that know it best — Tips from Zapier CEO Wade Foster, FlexJobs CEO Sara Sutton, Twilio CEO Jeff Lawson and others.

Emergence’s Jason Green thinks some of a tech recoil is justified, though a B2B opportunities still transcend a hurdles — The VC also described a genocide of George Floyd as “a surpassing impulse and change for me personally.”

Generative algorithms are redefining a intersection of module and song — Generative algorithms and flourishing amounts of computing energy are increasingly changing what computers can do with song today.

(Reminder: Extra Crunch is a subscription membership program, that aims to democratize information about startups. You can pointer adult here.)

Everything else

Researchers rise laser-based underwater Wi-Fi complement for sub-sea information networks — The researchers from King Abdullah University of Science and Technology managed to use their complement to do Skype calls and pierce files behind and forth, though they also burnt out a Raspberry Pi regulating lasers that impressed a capabilities.

Nissan stakes a EV destiny on a 300-mile-range Ariya crossover — The Ariya is an all-electric SUV with a starting cost of $40,000.

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