Invite-only Twitter alternative Bluesky tops 1M downloads across iOS and Android

TechCrunch Newsletter

By Christine Hall Friday, July 07, 2023

Today, Threads again dominated the news cycle, but Twitter rival Bluesky was not about to take it lying down. The social media platform hit its first 1 million installs, of which 300,000 were done since June 30, when Twitter initially limited the number of tweets users could view each day. More on Threads: Threads doesn't deserve my FOMO, but here we are Threads app hits Top 5 on Apple's China App Store despite ban You can't post ass, Threads is doomed Meanwhile, Indonesian aquaculture startup eFishery entered unicorn territory after raising $200 million. The company makes smart feeding systems for fisheries. See why this company is making waves. And, Mercedes-Benz is the latest automaker to adopt Tesla's North American Charging Standard. Mercedes will be part of the network in 2024. Image Credits: Tengyart / Unsplash

More top stories Your life in photos: A new social app called Retro is helping users share their personal journeys with close friends via photography. Find out who the founders are behind it. Well…that leaks: A leak was discovered on a Bangladesh government website that ended up making citizens' personal data public. Unfortunately, we don't know which agency it was. SEO expert in AI form: We know that artificial intelligence is infiltrating so much of our workflow, but there has to be some point where you need to do things yourself…right? Well, SpeedyBrand is here to create SEO-optimized content in case small businesses don't want to. Learn more. You can bank on that: Remember when Silicon Valley Bank collapsed? How could we forget? Some fintechs certainly aren't, because that’s when they found themselves with an abundance of new customers. Here's a story about one of them. Remove that app: Apple purged a handful of predatory lending apps from its App Store in India after some users and the media began questioning their legitimacy. Read more. "Salesforce data hygiene": That's how Weflow describes itself and why investors were eager to give the company capital. Find out why. Clean up on aisle EU: The European Union's competition unit is taking its turn to look deeper at Amazon's proposed $1.7 billion acquisition agreement for iRobot. After getting a green light from the United Kingdom last month, Amazon is surely hoping for a clean sweep after the EU finishes up its investigation. More weekend reading: The best electric bikes in 2023 for every type of rider Martin Lewis warns over 'first' deepfake video scam ad circulating on Facebook This $3,000, 32-inch e-ink display brings newspaper front pages to your wall Google Calendar now lets users specify where they're working from throughout the day China wraps up fintech crackdown with big fines on Tencent, Alibaba Image Credits: Romain Dillet / TechCrunch

Pitch Deck Teardown: Nokod Security's $8M seed deck Low-code and no-code startups lowered the bar for developing new applications, but managing sensitive systems with off-the-shelf parts can create security concerns. Nokod Security recently raised an $8 million seed round to scale its service, which monitors “apps for security vulnerabilities and mitigate breaches,” writes Haje Jan Kamps, who obtained the partially redacted pitch deck they used: Cover slide Team slide Example no-code apps "Who uses no-code apps" Macro trend: The Low-Code / No Code trend Threats and attacks slide Problem slide Threats and attacks slide Attack vectors slide Mission slide Solution slide Architecture slide TAM slide 1 TAM slide 2 TAM slide 3 Go-to-market slide Competition slide Validation slide (Redacted) Validation takeaways slide Timeline slide Contact slide Three more from TC+: VC Office Hours: Fabrice do Rego on building one of the few Black-led funds in the EU Web3 games don't need to highlight blockchain elements to succeed Europe is more of a fuzzy tech cloud than a functioning ecosystem TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription. Read More Image Credits: Nokod Security

Get your TechCrunch fix IRL. Join us at Disrupt 2023 in San Francisco this September to immerse yourself in all things startup. From headline interviews to intimate roundtables to a jam-packed startup expo floor, there's something for everyone at Disrupt. Save up to $600 when you buy your pass now through August 11, and save 15% on top of that with promo code DC. Learn more. Read More

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Tangle: You can't delete a Threads account without canceling the linked Instagram account

TechCrunch Newsletter

By Christine Hall Thursday, July 06, 2023

The big stories today surrounded Meta's Twitter competitor Threads, which went live yesterday. If you haven't been paying attention, we’ve tried to anticipate your questions. Here's what we learned about the new offering: Meta will nuke your Instagram account if you delete your Threads profile. Threads passed 30 million downloads in less than 24 hours. A Threads "Following" feed is "on the list" of upcoming features. Threads won't be fun — but it will give brands a home away from Twitter. Twitter is not happy about this new development. In other news, Samsung's next Galaxy Unpacked event is on July 26. Find out what's likely to be unveiled. And if you like dirty talk, Lovense's new sex toy is using ChatGPT and will whisper sweet nothings to you. Select a topic and find out what erotica awaits. Image Credits: Sinan Saglam/EyeEm

More top stories Meanwhile, it looks like giant funds are back for a bit: Notion closed on €300 million in capital commitments for its fifth fund to invest in business software, but the firm is not into the generative AI hype. On the other end is new fund Public Ventures, which announced its intention to raise $100 million toward investments in early-stage life science and clean tech startups in Canada. Two clouds make a right: DigitalOcean, a cloud computing company, is shelling out $111 million in cash to acquire cloud computing startup Paperspace. Speaking of giant funds: Japanese robotics startup Telexistence found itself on the other end of venture capital firms raising big funds when SoftBank led its $170 million funding round. Frontline workers deserve love, too: Thrive Capital doubles down on Clair with $25 million in new funding for the fintech helping frontline workers get paid instantly. MOVEit moved it for more companies: More organizations have confirmed they are part of the MOVEit-related breaches as hackers claim to publish stolen data. We touched on Threads so much today: But with so many Twitter-like options out there now, my colleagues focused on Mastodon and Bluesky as ones that are top of mind for people leaving Twitter, and explain why they need to be better: In a post-Twitter world, Mastodon and Bluesky need to get on the same page What is Bluesky? Everything to know about the app trying to replace Twitter For your streaming pleasure: Spotify is removing the App Store payment option for legacy subscribers, YouTube is experimenting with a new lock screen feature for Premium users, and TikTok has a new music streaming service in Brazil and Indonesia called TikTok Music. In today's talk of all things that go: Austin dwellers will now be able to see Volkswagen testing its self-driving ID Buzz vans. Over in India, the sale of electric two-wheeler sales hit a speed bump. And Fiat is full of surprises for its cute EV. To the moon: The Indian Space Research Organisation plans to launch its Chandrayaan-3 moon lander next week, four years after a previous mission failed. Image Credits: Getty Images

Should you move to a new state for tax savings before selling your startup? Once an acquisition is in the works, it's natural for founders in high-tax states to start thinking about safeguarding their newfound wealth. "On a $30 million exit, a founder could save approximately $4.3 million by moving from California to Florida or approximately $4.4 million by moving from New York City to Florida," writes Peyton Carr, managing director of Keystone Global Partners. "That's a lot of incentive to pull up the stakes and head to Miami," but unless you follow state-level guidelines about where you spend time and generate income, "your move is likely to trigger an audit." Five more from TC+: 15 investors lift the lid on the biggest surprises of H1 2023 Europe is more of a fuzzy tech cloud than a functioning ecosystem Is political unrest taking a toll on Israeli startups? Ask Sophie: What do I need to know about getting a J-1 exchange visa? Crypto funding drops for fifth straight quarter as investors continue to pull back TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription. Read More Image Credits: Catherine Falls Commercial / Getty Images

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