Amazon pushes again towards unionization, WeWork eyes the SPAC route and there’s new spyware and adware on Android. That is your Each day Crunch for March 26, 2021.
The massive story: Amazon makes PR push forward of union vote
Staff at Amazon’s success middle in Bessemer, Alabama (a suburb of Birmingham) will vote subsequent week on whether or not to unionize. Within the meantime, Amazon is waging an aggressive PR marketing campaign towards the hassle and the politicians who help it.
For instance, in a response to information that Senator Bernie Sanders can be visiting Amazon staff, govt Dave Clark tweeted, “I welcome @SenSanders to Birmingham and admire his push for a progressive office. I typically say we’re the Bernie Sanders of employers, however that’s not fairly proper as a result of we really ship a progressive office.” In the meantime, the Amazon Information account scoffed at Consultant Mark Pocan for repeating accounts of Amazon staff peeing in water bottles: “If that had been true, no person would work for us.”
In response, the Retail, Wholesale and Division Retailer Union (which the Amazon staff can be becoming a member of if the unionization effort succeeds) put out a press release asking, “How smug and tone deaf can Amazon be?”
The tech giants
A brand new Android spyware and adware masquerades as a ‘system replace’ — The malware can take full management of a sufferer’s machine.
What Silicon Valley might study from China’s Q&A platform Zhihu — China’s largest query and reply platform, Zhihu, started buying and selling on the decrease finish of its IPO vary.
Startups, funding and enterprise capital
Crypto increase continues as Chainalysis raises $100M, doubles valuation to over $2B — The spherical comes simply 4 months after the corporate secured a $100 million Sequence C spherical at a $1 billion valuation.
Benitago Group raises $55M in mixed debt and fairness to purchase and develop Amazon manufacturers — Many of the funding takes the type of credit score traces to fund acquisitions, however there’s additionally an fairness funding.
‘Hyperlink-in-bio’ firm Linktree raises $45M Sequence B for its social commerce options — Linktree is without doubt one of the hottest “hyperlink in bio” companies, with greater than 12 million customers.
Recommendation and evaluation from Additional Crunch
WeWork traces up for a second run on the public markets — If all you could have is a blank-check firm, each erstwhile startup seems like a public firm in ready.
5 errors creators make constructing new video games on Roblox — Recreation builders, manufacturers and traders alike are questioning what elements trigger probably the most profitable video games on this $47 billion platform to interrupt out.
UiPath’s IPO submitting suggests robotic course of automation is booming — 5 takeaways from the corporate’s S-1.
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All the pieces else
These Home hearings on tech are a waste of time and everybody is aware of it — Devin Coldewey says the hearings want to vary if lawmakers actually need to put Large Tech on the spot.
Laptop imaginative and prescient software program has the potential to reinvent the best way cities transfer — Tech gives new technique of addressing the challenges of crowding, air pollution and parking enforcement on dense metropolis streets.
You may solely make investments should you promise to not learn the high quality print, OK? — Wrap up the week with an episode of Fairness.
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