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Once the uncool sibling of a flourishing fintech sector, insurtech is now one of the hottest areas of a buoyant venture market. Zego's $150 million round at unicorn valuation in March, a rumored giant incoming round for WeFox, and a slew of IPOs and SPACs in the U.S. are all testament to this.

Nearly a year after its last layoff, online coding bootcamp Lambda School just announced more cuts amid a broader restructuring. In a blog post, CEO and founder Austen Allred said that the startup, which raised a $74 million Series C in August, is laying off 65 employees.  The roles that were cut

The Biden administration hints at gig economy changes, Blue Origin will be taking passengers and we interview Jim Belushi about weed. This is your Daily Crunch for April 29, 2021. The big story: Biden’s labor secretary says gig workers should be reclassified The Biden administ

Orchard, founded in 2017, was relatively early to the proptech industry. The company, originally called Perch, focused on dual-trackers, which are folks who are both buying and selling a home simultaneously. FirstMark Capital led both the Series A and the Series B funding rounds for Orchard, doubli

The red-hot market for special purpose acquisition companies, or SPACs, has “screeched to a halt,” according to CNN. As the SPAC market grew in the past six months, it seemed that everyone was getting into the game, with celebrities from Shaquille O'Neal to former House Speaker Paul Ryan le

Biden Labor Secretary Marty Walsh charged into the white-hot issue of the gig economy Thursday, asserting that many people working without benefits in the gig economy should be classified as employees instead. In an interview with Reuters, Walsh said that the Department of Labor is “looking a

Live audio experiences will be adopted by every major platform just like Stories have been, Spotify CEO Daniel Ek told investors on Wednesday’s earnings call. The streaming service recently acquired a live audio app, Locker Room, whose technology it expects to use to power a range of new live

Why can we see all our bank, credit card and brokerage data on our phones instantaneously in one app, yet walk into a doctor's office blind to our healthcare records, diagnoses and prescriptions? Our health status should be as accessible as our checking account balance. The liberation of financ

SpaceX is continuing its Starship spacecraft testing and development program apace, and as of this afternoon it has authorization from the U.S. Federal Aviation Administration (FAA) to conduct its next three test flights from its launch site in Boca Chica, Texas. Approvals for prior launch tests ha

Gaming and streamed video have been two of the biggest pastime winners during the last year+ of pandemic living. Today a startup that has created an app that brings those two entertainment formats together is announcing a notable seed round of funding as it prepares to come out of closed beta. Port

In a joint address to Congress last night, President Biden updated the nation on vaccination efforts and outlined his administration's ambitious goals. Biden's first 100 days have been characterized by sweeping legislative packages that could lift millions of Americans out of poverty and sl

Google today announced the launch of 40,000 new developer scholarships in Africa. Google will offer the scholarships — created in partnership with tech talent companies Pluralsight and Andela — to developers spread across mobile and cloud development tracks. According to the statement

In addition to Facebook’s Clubhouse competitor built within Messenger Rooms and its experiments with a Clubhouse-like Q&A platform on the web, the company is now leveraging yet another of its largest products to take on the Clubhouse threat: Instagram Live. Today, Instagram announced it&#

I don’t think Jim Belushi was high while we talked on Zoom this week. Instead of a joint, he was puffing on a cigar, but he was still happy and smiling. “I have my brother’s face on it. I have the Blues Brothers brand. It’s got to be good shit, man.” Ji