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Archivo del Autor: Belen De Leon

Equity Monday: Unionization at Alphabet, Tesla’s delivery achievement, and CRED raises $81M

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here — and don’t forget to check out the second of our two holiday eps, the most recent looking at what we think might happen this year.

What did we get into today? A great question. Here’s the rundown:

Mostly we’re still making sure that our brains still work and that the return of work really is here. Taking a break was nice. Now the news is coming back, so we are as well. Hugs, and chat Thursday.

Equity drops every Monday at 7:00 a.m. PST and Thursday afternoon as fast as we can get it out, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.


Source: TechCrunch

Google and Snap in talks to invest in India’s ShareChat

ShareChat, an Indian social network that added Twitter as an investor in 2019, may soon receive the backing of two more American firms.

The Bangalore-based startup is in advanced stages of talks to raise money from Google and Snap, three sources familiar with the matter told TechCrunch.

The new financing round — a Series E — is slated to be larger than $200 million with Google alone financing more than $100 million of it, four sources said, requesting anonymity as the talks are private. The round values ShareChat at more than $1 billion, two of the sources said.

Twitter as well as a couple of other existing investors are also engaging to participate in the round. ShareChat, Google, and Snap did not immediately respond to a request for comment. ShareChat has raised about $264 million to date and was valued at nearly $700 million last year.

The terms of the deal could change and the talks may not materialize into an investment, the sources cautioned. Local TV channel ET Now reported last year that Google was in talks to acquire ShareChat.

ShareChat’s marquee and eponymous app caters to users in 15 Indian languages and has a large following in small Indian cities and towns. Twitter and Snap, on the other hand, are struggling to gain users beyond urban cities in the world’s second largest internet market. Both Twitter and Snapchat have about 50 million monthly active users in India, according to a popular mobile insight firm.

In an interview with TechCrunch last year, Ankush Sachdeva, co-founder and chief executive of ShareChat, said the app was growing “exponentially” and that users were spending, on an average, more than 30 minutes on the app each day.

If the deal goes through, it would be the first investment from Snapchat’s parent company into an Indian startup. Google, on the other hand, has been on a spree of late. The Android-maker last month invested in DailyHunt and InMobi’s Glance, both of which operate short-video apps.

Like the two, ShareChat also operates a short-video app. Its app, called Moj, had amassed more than 80 million monthly active users as of September last year, the startup said at the time.

Last year, Google announced that it plans to invest $10 billion in India over the course of five to seven years. Days later, the company invested $4.5 billion in Indian telecom giant Jio Platforms. Google and Facebook, which invested $5.7 billion in Jio Platforms last year, reach more than 400 million users in the country.

Google, Facebook, ShareChat, DailyHunt, and Glance generate most of their revenue through ads. About 85% of the ad market in India is currently commanded by Facebook and Google, analysts at Bank of America wrote in a report to clients last year. “We estimate this market to be $10 billion by 2024 and see room for Facebook to increase its market-share by 4 percentage points in 4 years led by partnership with Jio. We estimate FB may have $4.7 bn revenues by 2024,” they wrote in the equity research report, obtained by TechCrunch.


Source: TechCrunch

Transparent OLED: See-through TV comes to tomorrow's beds, restaurants, subways – CNET

LG Display shows off futuristic concepts at CES 2021.
Source: CNET

The best mesh routers of 2021: Asus, Eero, Orbi, Google Nest and more – CNET

A good mesh router will spread a fast, reliable internet connection throughout your entire home — and these are the best we’ve tested.
Source: CNET

How to Upgrade Your Home Audio While You're Quarantined

Stuck home or not, it’s always a good idea to invest in better sound. Our advice and gear recommendations can help.
Source: Wired

Wikipedia's Biggest Challenge Awaits in 2021

Changes proposed by the Wikimedia Foundation to diversify its community of editors raise existential questions for the online encyclopedia.
Source: Wired

This Drone Sniffs Out Odors With a Real Moth Antenna

Researchers slap a living antenna on a drone to give the machine an insanely keen sense of smell. Ladies and gentlemen, meet the “Smellicopter.”
Source: Wired

In India, Smartphones and Cheap Data Are Giving Women a Voice

About 200 million women in the country are illiterate. But voice memo and image-sharing apps make it easier to connect, communicate, and run businesses.
Source: Wired

Deslocalización y rentabilidad privada: así se destruye la fabricación de un país

En 1990 la industria textil de EE. UU. producía el 60 % de las prendas de cortar y coser del mundo, ahora, esa cifra es del 3 %. La pandemia ha puesto en evidencia cómo décadas de distintas y agresivas prácticas corporativas han hecho que Occidente sea incapaz de producir los bienes que consume 
Source: MIT

El maíz híbrido que asegura la producción cuando hay sequía en Kenia

El rendimiento de este cultivo en el África subsahariana es menos de un tercio que el de EE. UU., principalmente por la escasez de lluvias. Para evitar este problema, algunos agricultores han empezado a plantar la variedad SAWA, específicamente diseñada para resistir el estrés hídrico
Source: MIT

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