Published On: Fri, Jul 17th, 2020

Daily Crunch: Twitter hacked in crypto scam

A Twitter penetrate hits a platform’s many famous users, Netflix gets a co-CEO and Revel’s mopeds are entrance to San Francisco. Here’s your Daily Crunch for Jul 16, 2020.

The large story: High-profile Twitter accounts hacked in crypto scam

This was a crazy one: The Twitter accounts of Apple, Elon Musk, Joe Biden and many, many others were compromised yesterday, posting messages with a residence of a bitcoin wallet, earnest that any payments would be doubled and sent back.

Apparently a hacker used an inner Twitter executive apparatus to benefit entrance to all of these accounts. The association described this as “a concurrent amicable engineering conflict by people who successfully targeted some of a employees with entrance to inner systems and tools.”

Not surprisingly, Twitter’s batch took a hit, and a association will substantially be traffic with a fallout for weeks or months to come. (One of a initial responses concerned locking accounts that recently altered their passwords.)

The tech giants

Ted Sarandos named co-CEO during Netflix — The proclamation comes as a association combined some-more than 10 million new subscribers in a many new quarter.

Instagram launches a redesigned Shop, now powered by Facebook Pay — Instagram Shop is a approach to buy products from brands and creators, as good as curated collections from a company’s @shop account, all within a Explore section.

Uber acquires Routematch as it drives deeper into open movement in hunt for SaaS income — Routematch, that provides module to movement agencies, will continue operations with CEO Pepper Harward during a helm.

Startups, appropriation and try capital

Revel lands assent to move hundreds of electric mopeds to San Francisco — I’ve been saying Revel’s mopeds all over New York City, and now they’ve got capitulation to launch in SF.

Activ Surgical raises $15 million to allege unconstrained and collaborative robotic medicine — The startup equips surgical apparatus with sensors, with a information used to beam surgeons and surgical systems.

Monzo launches new Monzo Plus with module facilities it hopes users will wish to compensate for — The new facilities embody third-party bank comment aggregation, practical withdraw cards, tradition transaction categories, spreadsheet trade and credit measure updates.

Advice and research from Extra Crunch

Why certain VC investors acquire good ‘Founder NPS’ scores — Danny Crichton review some-more than 1,200 owner recommendations for VCs while scheming The TechCrunch List. In this post, he shares some of a common themes.

8 edtech investors speak re-skilling, digital universities, ISAs and other post-pandemic trends — We’ve talked to investors about how COVID-19 has reshaped edtech and education, though what happens after a pandemic?

VC Josh Stein talks energy dynamics: ‘I don’t consider this has been a mustache-twisting impulse for investors’ — Hot startup founders might not have utterly as many precedence as they did before a pestilence — though Threshold Ventures’ Stein pronounced he isn’t perplexing to massage it in.

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

Everything else

Game developer check suggests longer hours and reduction capability as a attention adapts to remote work — Among developers surveyed by GDC, 32% found themselves being reduction productive, in annoy of operative longer hours.

VPN providers rethink Hong Kong servers after China’s confidence law — Hong Kong might remove a standing as a breakwater for information centers.

Europe’s tip justice strikes down flagship EU-US information send resource — The preference has implications for U.S. agencies meddlesome in digital surveillance, as good as internet companies like Facebook.

The Daily Crunch is TechCrunch’s roundup of a biggest and many critical stories. If you’d like to get this delivered to your inbox each day during around 3pm Pacific, we can allow here.

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