Indonesian D2C insurance marketplace Lifepal raises $9M Series A

Choosing an insurance policy is one of the most complicated financial decisions a person can make. Jakarta-based Lifepal wants to simplify the process for Indonesians with a marketplace that lets users compare policies from more than 50 providers, get help from licensed agents and file claims. The

Daily Crunch: Under pressure from ‘banking partners and payout providers,' OnlyFans bans explicit content

To get a roundup of technewss'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 19, 2021. Today is a good day, with lots of interesting news, and even a hot, fresh newsletter from the technewss te

Google says geofence warrants make up one-quarter of all US demands

For the first time, Google has published the number of geofence warrants it’s historically received from U.S. authorities, providing a rare glimpse into how frequently these controversial warrants are issued. The figures, published Thursday, reveal that Google has received thousands of geofen

Arianna Simpson of a16z on Yield Guild Games, the firm’s newest bet on crypto + gaming

As one of four general partners at Andreessen Horowitz who are now investing the venture firm’s third crypto fund, a $2.2 billion vehicle, Arianna Simpson is highly focused on how to return that capital and much more to the firm’s limited partners. Toward that end, she has been followin

Today’s real story: The Facebook monopoly

Facebook is a monopoly. Right? Mark Zuckerberg appeared on national TV today to make a “special announcement.” The timing could not be more curious: Today is the day Lina Khan's FTC refiled its case to dismantle Facebook's monopoly. To the average person, Facebook's

Companies betting on data must value people as much as AI

The Pareto principle, also known as the 80-20 rule, asserts that 80% of consequences come from 20% of causes, rendering the remainder way less impactful. Those working with data may have heard a different rendition of the 80-20 rule: A data scientist spends 80% of their time at work cleaning up mes

Samsung Galaxy Watch 4 Classic: A well-rounded smartwatch

For smartwatches, it's Apple against the world. Per recent numbers from CounterPoint, the Apple Watch commanded more than one-third of global shipments in Q1. Samsung/Tizen's own market share is a distant — but respectable — second place, with 8%. With Google's Wear OS at fi

Adobe buying Frame.io in $1.28B deal

Adobe announced today it is acquiring Frame.io, a video review and collaboration platform used by over a million customers, for $1.275 billion in cash. Founded in 2014 by post-production company owner Emery Wells and technologist John Traver, New York-based Frame.io was created to solve the workflo

OnlyFans' porn ban is crypto's opportunity of a lifetime

Today, OnlyFans dropped the massive bombshell that it will be banning “sexually explicit content” from the app later this year. This is obviously a wildly seismic shift for OnlyFans, which completely disrupted the adult content industry and gave performers a path toward greater independence by

Twitter rolls out a series of improvements to its Direct Message system

Have you ever tried to share a funny tweet with a few friends via Twitter DM, only to accidentally start a group chat? You’re not alone. Today, Twitter announced that it will roll out a few quality of life improvements to its direct messaging system over the next few weeks, including the abil

OnlyFans bans explicit content

OnlyFans has announced that it will ban sexually explicit content starting in October. The platform was not built specifically for porn but that has grown to be its most popular and visible use case, but pressure from “banking partners and payout providers” means the company will have t

Let's make a deal: A crash course on corporate development

Wash, rinse, repeat: A startup is founded, first product ships, customers engage, and then a larger company's corporate development team sends a blind email requesting to “connect and compare notes.” If you're a venture-backed startup, it would be wise to generate a return at some point

Revolut introduces salary-advance feature in the UK

Fintech startup Revolut is launching a new feature called Payday. It is an alternative to credit card debt and short-term credit as it lets you unlock a portion of your wage early. If a business decides to integrate with Revolut, users can then access the feature from the financial super app direct

A VC shares 5 things no one told you about pitching VCs

The success of a fundraising process is entirely dependent on how well an entrepreneur can manage it. At this stage, it is important for founders to be honest, straightforward and recognize the value meetings with venture capitalists and investors can bring beyond just the monetary aspect. Here are