Tech news Daily Crunch: Apple, Google bow to Russian pressure

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Hello and welcome to Daily Crunch for Friday, September 17th! It’s been a busy week, ya’ll. It’s only days until Disrupt, so the TechCrunch hive buzzes. It’s worth noting that Reid Hoffman will be coming to TechCrunch, which promises to be an exciting event. We’ll see you next week! — Alex

Tech news The TechCrunch Top 3

  • Profits > Ethics: Apple and Google have removed a “tactical voting app created by the organization of jailed Kremlin critic Alexei Navalny” from their marketplaces, we reported. TechCrunch reported that the Russian state [is], is increasing pressure on foreign tech giants in advance of federal elections.
  • Are software valuations stabilizing? After an incredible run, it is possible that the value of software revenues has reached a plateau. A very high plateau, mind, but still a resting point. This is good news for SaaS businesses, which remain valued at historic high levels.
  • Apple “actively monitoring” legal challenges to Texas abortion law: While some tech companies are making their displeasure at the new Texas reproductive care bill very public, Apple is taking a slightly slower, lower-profile approach to the matter. It’s encouraging to see an American tech company take a stand on a moral issue. It’s better than anything that is actually less than this. It’s just a little.

Tech news Startups/VC

  • Journey raises $3M for psychedelic therapy: There’s growing market sentiment that some drugs generally associated with recreational activities could have positive impacts for various mental conditions. Journey is interested in Ketamine-based treatment for depression and anxiety.
  • Aurora Propulsion raises EUR1.7M for satellite propulsion: How do you make a satellite move a little bit and then stop? Given the number of flying objects in orbit, this is not an unimportant question.
  • Aurora wants to make sure our satellites can avoid each other and move around more efficiently.

  • Aircover raises $3M more for its sales intelligence tool: Integrating with Zoom to provide real-time insights to sales folks during their calls, Aircover is part of a larger trend of sales tech startups building services for the myriad sales people in the market. The round was led by Defy Partners, with participation from Firebolt Ventures as well as others.
  • Unicorns are taking so long to go public that their former executives are becoming VCs before they reach liquidity: That’s our key takeaway from the news that Instacart’s chief financial officer Sagar Sanghvi has left the on-demand grocery for Accel.

Tech news 4 ways to leverage ROAS to triple lead generation

In school, it’s highly unethical to copy someone else’s work and pass it off as your own. It’s acceptable in business.

Xiaoyun TU is the global director of demand generation for Brightpearl. She wrote a detailed guide on how a better understanding about return on advertising (ROAS), can help triple your company’s lead generation.

“A good ROAS score will vary for every company and campaign.” she states.

“If your figure isn’t where you’d like it to be, you can leverage ROAS data to create targeted campaigns and personalized experiences.”

(Extra Crunch is our membership program, which helps founders and startup teams get ahead. You can sign up here. )

Tech news Big Tech Inc.

  • Elon praises Chinese automakers: As Beijing looks to consolidate its national EV industry, Tesla’s CEO took to a scripted set of comments to praise his Chinese rivals. Compare the message of the mercurial executive to China to see how the business climates are different between America and China. Then, read his tweets.
  • Here’s a headline for you: “Facebook knows Instagram harms teens. Now, its plan to open the app to kids looks worse than ever.” Preach, Taylor. The Wall Street Journal has just published a series of articles that will help you get caught up in the Facebook saga. These articles are not only informative.

Tech news TechCrunch Experts: Growth Marketing

With the release of iOS 15 around the corner, we spoke to Movable Ink CEO Vivek Sharma and got his take on what marketers can do to prepare, “Marketers should plan for more DIY metrics as iOS 15 nears.”

TechCrunch wants you to recommend growth marketers who have expertise in SEO, social, content writing and more! This survey is for growth marketers. We want to know why your clients love working with you., TechCrunch Read More

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