Insecure server exposes names, phone numbers, emails and more of Byju students – TechCrunch
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Hello and welcome to the Daily Crunch on June 30, 2021. It’s the last day of the quarter. It is the last day of the first semester. It’s the halfway point of your New Year’s resolutions. Kicking off the third quarter means we are heading into a new earnings season. To close the second quarter, a number of companies went public, including Didi and SentinelOne. TechCrunch’s point of view is that we are seeing some interesting price differentials between companies in the United States and those in China. – Alexis
The Top 3 TechCrunch
- Robinhood fined before IPO: As we look to Robinhood’s long-awaited IPO filing after a strong first quarter, the company was hit today with $ 70 million in fines and penalties for what the Authority Financial Sector Regulator (FINRA) described it as “widespread and significant harm suffered by customers.” “
- Venture Capital Drama: TechCrunch Natasha Mascarenhas found that SF-based Hinge Health fired a board member after investing in what the company saw as a competitor. The news is remarkable in itself, but also underscores just how founder-friendly the market really is today; this may not have happened when venture capitalists wielded more power.
- Byju discloses student data: Today’s breach involves a startup called Salesken.ai, an exposed server, and Byju’s user data. Byju’s is a popular Indian edtech company. Salesken provides what TechCrunch describes as “customer relationship technology,” which helps explain why it could have had data from the other company. No excuse though.
Startups / VC
Today, let’s kick off our startup coverage with three space-related stories:
Then, the economy of creators:
But that was not all. Learn more about critical coverage of today’s startups:
- $ 5M for an LGBTQ + neobank: While many neobanks target the population as a whole, others take a more targeted approach. This is the case of Daylight, which wants to offer banking services to the queer community. He’s joining startups like Fair and others to take a slightly more specialized approach to the popular fintech model.
- $ 250 million for drone logistics: Remember that startup that used drones to deliver medical supplies to Africa? It was called Zipline. And since then, it has broadened its goals, its technology and, today, its capital base.
- And then there was news from Gusto that the HR-tech unicorn is breaking chunks of its core tech so other companies can integrate payroll and other services. While it’s cool, what we really want is a Gusto S-1.
Demand curve: 7 types of ads that increase click-through rates
A perennial problem among startups: Since no one on the founding team has significant marketing experience, growth efforts are pro forma and generally unlikely to make a difference.
Everyone wants higher click-through rates, but creating ads that “stand out” is a risky strategy, especially when you don’t know what you’re doing. This guest post from Demand Curve offers seven strategies for increasing CTR that you can clone and deploy today within your own startup.
Here’s one: If customers are talking about you online, ask them if you can add a screenshot of their reviews to your ad. Testimonials are a form of social proof that drives conversions, and they’re especially effective when used in retargeting.
Earlier this week, we published another article on optimizing email marketing for start-ups. We’ll have more expert advice on growth soon, so stay tuned.
(Extra Crunch is our membership program, which helps founders and startup teams move forward. You can register here.)
Big Tech Inc.
From the biggest tech companies, we have three stories for you today. Let’s do it in descending order of market capitalization, okay?
- Amazon doesn’t want to be regulated: And he may be anxious to boot. This is what we take away from the news that the company is trying to sideline the current FTC chairmanship. Tough, is our first reading of the company’s complaints and inquiries.
- Instagram wants the following paid: Following in Big Tweet’s footsteps, Instagram “is building its own version of Twitter’s Super Follow with a feature that would allow online creators to post” exclusive “content in their Instagram Stories that is only available to their fans.” So that would be stuff, only available for Fans? How interesting. There is another service that has a similar effort. And Twitter allows adult content. Instagram doesn’t. Hmm.
- Twitter does NFTs, because why not: Want to know when something shark jumps? When a big social network joins, right? The main social networks are the baby boomers of the tech world – extending the analogy, Oracle is a ghost that haunts your attic – which means they’re inherently uncool. And now Twitter has NFTs. Yeah, or something.
TechCrunch Experts: Growth Marketing
TechCrunch wants you to recommend growth marketers with expertise in SEO, social, content writing, and more! If you are a growth marketer, pass this survey on to your clients; we would like to know why they liked working with you.
If you’re curious about how these surveys shape our coverage, check out this interview Miranda Halpern did with MKT1 Co-Founders Kathleen Estreich and Emily Kramer, “MKT1: Developer Marketing is What Startup Marketing Should Look Like .