To get a roundup of TechCrunch’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 4, 2021. It’s been hectic: Robinhood’s stock lost its mind. Facebook made another chunk of the internet mad. And a new unicorn wants to…
© Reuters. Biden Stimulus Increase Cut Obamacare Plan Premiums by 40% (Bloomberg) — Monthly premiums for health coverage through the Affordable Care Act federal marketplace fell an average of 40% because of a boost in subsidies from government stimulus funds, the Biden administration said. More than 1.5 million people have enrolled in health plans through…
A framework for driving success Gregg Adkin is vice president and managing director at Dell Technologies Capital, the global venture capital investment arm of Dell Technologies. What’s the board’s role in an early-stage startup? Startup founders frequently ask me about the role of a board of directors. A board can be a crucial asset in…
Karan Bajaj, the founder and chief executive of WhiteHat Jr, is leaving the firm a year after selling the startup for $300 million to Indian edtech giant Byju’s. In an email to employees on Wednesday, Bajaj and Byju’s founder and chief executive Byju Raveendran said the departure follows a “mutually decided” decision made at the…
HONG KONG, Aug. 4, 2021 /PRNewswire/ — COVID-19 appears to be easing in Mainland China and Hong Kong. In June, the School of Graduate Studies of Lingnan University (LU) in Hong Kongconducted a follow-up survey based on last year’s Understanding Hong Kong and Mainland university students’ intentions to study overseas after the COVID-19 crisis, to…
5/5 © Reuters. U.S. Senate Majority Leader Chuck Schumer speaks with reporters at the U.S. Capitol in Washington, U.S., August 3, 2021. REUTERS/Kevin Lamarque 2/5 By Makini Brice and David Morgan WASHINGTON (Reuters) -The U.S. Senate made gradual progress on Tuesday on a $1 trillion infrastructure investment bill to upgrade roads, bridges, mass transit and…
© Reuters. FILE PHOTO: The U.S. Capitol Building is pictured in Washington, U.S., August 1, 2021. REUTERS/Elizabeth Frantz By David Lawder WASHINGTON (Reuters) – The future of the bipartisan U.S. infrastructure bill introduced on Sunday and a far-larger partisan tax and spending bill to follow will be heavily influenced by a pair of obscure agencies…
VCs weigh in on the state of the ‘buy now, pay later’ segment On Sunday Square announced it was gobbling up Afterpay in a deal worth $29 billion at the time of announcement. Alex followed up yesterday with more details on why the deal made sense for Square and Afterpay over here, but we wanted…
White House press secretary Jen Psaki delivered harsh critiques Tuesday of Govs. Ron DeSantis and Greg Abbott’s decisions to ban mask and vaccine mandates in their respective states.According to President Joe Biden’s coronavirus response team, roughly one-third of all new cases in the country last week came from Florida and Texas.”Seven states have both a…
With the pandemic wreaking havoc amongst early years education amid school lockdowns, it’s no wonder edtech startups have piled into the space. But it has also served to highlight the abysmal nature of early years teaching: Some 40 million teachers across the globe are leaving the sector, according to the World Bank. Of the 1.5…
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