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Daily Crunch: Apple hits $2 trillion market cap

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Apple stock reaches a big milestone, Facebook Portal gets more work-friendly and Twitter reports progress against hate speech. This is your Daily Crunch for August 19, 2020.

The big story: Apple hits $2 trillion market cap

Apple’s share price is up around 59% since the beginning of the year, despite seeing relatively modest, 11% year-over-year revenue growth in its most recent earnings report.

Alex Wilhelm argues that Apple’s strong market performance, and similar strength from other tech giants, is a good thing for startups:

Public rallies can help advance IPOs, and acquisitions. So today’s news that Apple is now sufficiently rich enough to shame Croesus means that your friendly, local startup might be able to close that next round at a price that it likes.

The tech giants

Facebook Portal gets serious about remote work with BlueJeans, GoToMeeting, Webex and Zoom apps — All of the apps will be arriving at some point in September for the Portal Mini, standard Portal and Portal+.

Twitter claims increased enforcement of hate speech and abuse policies in last half of 2019 — The company claims that its ability to “proactively” surface content violations for human review has helped it increase enforcement.

Top Facebook executive in India files criminal complaint against a journalist for sharing news report — A review of the journalist Awesh Tiwari’s post, written in Hindi, finds that it was merely summarizing a recent Wall Street Journal report.

Startups, funding and venture capital

JD.com’s 1-year-old health unicorn to get $830M from Hillhouse — When Alibaba’s rival JD.com saw an opportunity in the prescription drug market, it spun out its healthcare unit into a subsidiary called JD Health.

Hangar raises $15 million for its venture studio for government technology startups — Founded by former Bloomberg advisor Josh Mendelsohn, Hangar has already created four businesses.

India’s first Earth-imaging satellite startup raises $5 million; first launch planned for later this year — Once all of the company’s small satellites are on orbit, the Pixxel network will be able to provide globe-spanning imaging capabilities on a daily basis.

Advice and analysis from Extra Crunch

Max Levchin is looking ahead to fintech’s next big opportunities — We sat down with Levchin for a recent session of Extra Crunch Live, where he spoke at length about what he sees as some of the big opportunities in fintech.

Dear Sophie: How can I transfer my H-1B to my startup? — An H-1B status employee at a tech company asks about the implications of founding (and working for) their own startup.

Join Twilio’s Jeff Lawson for a live Q&A August 25 at 2:30 pm EDT/11:30 am PDT — Twilio has become a giant, worth more than $37 billion today after going public in 2016.

(Reminder: Extra Crunch is our subscription membership program, which aims to democratize information about startups. You can sign up here.)

Everything else

Fearing coronavirus, a Michigan college tracks its students with a flawed app — The Aura app had at least two security vulnerabilities only discovered after it was rolled out.

Scotland spaceport gets full approval, will be able to host up to 12 launches per year — This will be the future launch site for Orbex, a startup looking to develop the U.K.’s first reusable orbital launch vehicle.

At the first-ever virtual DNC, Democrats play it safe — The first all-virtual Democratic National Convention is in full swing, but don’t expect fireworks.

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 3pm Pacific, you can subscribe here.

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Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

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Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

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Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

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Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

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That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

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Grab this offer while it’s still around!


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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

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You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

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