Daily Crunch: Twitter backpedals on CEO’s promise, permanently bans user who tracked his private jet

Share Story on

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 happy Wednesday! As I write this, I am also enjoying a virtual “holiyay” celebration with my fellow TechCrunchers. Haje is leaving on a jet plane, but he’ll be back tomorrow. Let’s dive into the news. — Christine

The TechCrunch Top 3

  • You can’t handle the jet: Elon Musk stated that he was going to protect free speech, even for the person behind Elon Jet, the Twitter account tracking his flights, but alas the account has been permanently suspended. Amanda has more.
  • If you can’t beat ’em, join ’em: It used to be that Apple fought what they call “sideloading” alternative app stores on the iPhone, but in order to comply with European laws, the consumer tech giant is now reportedly looking at allowing them with iOS 17, which will come out next year, Ivan reports.
  • Cash flow conundrum: Mary Ann reports on Nilus, a startup that secured $8.5 million to automate financial workflows for companies to more easily manage customer payments.

Startups and VC

Wow, you all were eating up the fintech news today. Okay, here is another one. Bondaval, a London-based B2B company providing credit teams with assurance that customers will pay their bills, raised $15 million in Series A funding, with Catherine writing that Bondaval has now expanded into new use cases for credit managers at large companies, including those in the energy sector.

And we have four more for you:

  • You look mahvelous: Bollywood star Deepika Padukone has a hit on her hands with her skincare startup, which took in $7.5 million, Manish writes.
  • Taking off: Ingrid reports on another round of funding for Shield AI, which gives it a $2.3 billion valuation. The company, with its military autonomous flying tech, is a bright spot in the defense sector, which continues to attract investments.
  • I need a dollar, or 1 billion of them: Visa is committing $1 billion to Africa over the next five years to target partnerships and invest in businesses tackling problems ranging from food insecurity to the underbanked, Tage writes.
  • You can bet on this: Blockchain has faced its fair share of challenges this year, between crypto winter and other scandals, Mike writes, but it seems to be finding its stride in the sports betting market.

Dear Sophie: When can I register my employee for the H-1B lottery?

lone figure at entrance to maze hedge that has an American flag at the center

Image Credits: Bryce Durbin/TechCrunch

Dear Sophie,

We’re a pre-seed startup thinking about sponsoring an early employee’s H-1B visa to stay in the U.S. and work for us.

How does the process work?

— Seeking in San Mateo

Three more from the TC+ team:

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!

Big Tech Inc.

The U.S. National Security Agency warned that Chinese hackers were exploiting a zero-day bug in two of Citrix’s networking products. Carly writes that “the critical-rated vulnerability allows an unauthenticated attacker to remotely run malicious code on vulnerable devices — no passwords needed.” Ooof!

Another warning that Twitter news is coming. Natasha L writes that Elon Musk reportedly forcing tracking ads on Twitter is putting him on the short list for a talking-to by the European Union. Also, Twitter co-founder Jack Dorsey had a good one-day run posting on Revue, Twitter’s newsletter platform, before the social media giant announced it was shutting it down. Amanda has more on that.

And we have four more for you:

Daily Crunch: Twitter backpedals on CEO’s promise, permanently bans user who tracked his private jet by Christine Hall originally published on TechCrunch



Search By Category

Recent News

You May Also Like

Sakshi Chandraakar: From Modest Beginnings to Monumental Success

Sakshi Chandraakar: From Modest Beginnings to Monumental Success

Sakshi Chandraakar’s journey is a testament to resilience, perseverance, and the transformative power of adversity. Born into a modest family, Sakshi’s determination led her to

Shri Narendra Modi Inaugurated World’s Largest Grain Storage Scheme ‘Anna Bhandaran Yojana’ in New Delhi

Shri Narendra Modi Inaugurated World’s Largest Grain Storage Scheme ‘Anna Bhandaran Yojana’ in New Delhi

New Delhi (India), February 27:  Feb 24 marks a historic milestone in India’s agricultural landscape as the Honorable Prime Minister, Shri Narendra Modi, inaugurated the

Weavinghands Rugs Pvt Ltd Unleashes Asymmetrical Masterpieces at Bharat Tex 2024

Weavinghands Rugs Pvt Ltd Unleashes Asymmetrical Masterpieces at Bharat Tex 2024

New Delhi (India), February 27: Prepare to be mesmerized by a symphony of shapes and textures as Shree Sai T/A Weavinghands Rugs Pvt Ltd, the

Small-cap Investments: Fuelling Financial Growth in India’s Emerging Economy

Small-cap Investments: Fuelling Financial Growth in India’s Emerging Economy

New Delhi [India], February 27: With the evolving scenario of financial markets, investors are on a constant look out for opportunities that promise not only

Senior Diplomats call for North-South Unity on tackling Environment and Conflict

Senior Diplomats call for North-South Unity on tackling Environment and Conflict

Former Foreign Secretary of India and current chancellor of Jawaharlal Nehru University Ambassador Dr Kanwal Sibal (seated fourth from the left) addressing a conference on

CLASSIYA JEWELS Announces the Launch of their Exclusive and Premium Jewellery E-Boutique & FLAGSHIP Boutique at Salt Lake City Center Kolkata

CLASSIYA JEWELS Announces the Launch of their Exclusive and Premium Jewellery E-Boutique & FLAGSHIP Boutique at Salt Lake City Center Kolkata

Kolkata (West Bengal) [India], February 27: Luxury Silver jewellery brand Classiya Jewels has ventured into the digital ecosystem with the launch of its e-commerce platform www.classiyajewels.com