{"id":614233,"date":"2023-03-04T08:50:09","date_gmt":"2023-03-04T14:50:09","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/04\/daily-crunch-japanese-marketing-tech-firm-geniee-acquires-zelto-for-70m\/"},"modified":"2023-03-04T08:50:09","modified_gmt":"2023-03-04T14:50:09","slug":"daily-crunch-japanese-marketing-tech-firm-geniee-acquires-zelto-for-70m","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/04\/daily-crunch-japanese-marketing-tech-firm-geniee-acquires-zelto-for-70m\/","title":{"rendered":"Daily Crunch: Japanese marketing tech firm Geniee acquires Zelto for $70M"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\"><em>To get a roundup of TechCrunch\u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, <\/em><a href=\"https:\/\/techcrunch.com\/newsletters\/\"><em>subscribe here<\/em><\/a><em>.<\/em><\/p>\n<p>Hello, you crunchy Crunchers! If you\u2019ve been slacking and not bought yourself a Disrupt ticket yet, that\u2019s cool, we still love you. But here\u2019s a hot tip: <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/super-early-bird-savings-end-soon-techcrunch-disrupt-2023\/\">This is your last chance for super-early-bird tickets<\/a>, so maybe get on that sooner rather than later!\u00a0 \u2014 <a href=\"https:\/\/twitter.com\/ChristineMHall\" target=\"_blank\" rel=\"noopener\">Christine<\/a> and <a href=\"http:\/\/twitter.com\/haje\" target=\"_blank\" rel=\"noopener\">Haje<\/a><\/p>\n<h2>The TechCrunch Top 3<\/h2>\n<ul>\n<li><a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/softbank-geniee-acquires-zelto-adpushup-for-70-million\/\"><strong>All roads lead to acquisition<\/strong><\/a>: <a href=\"https:\/\/twitter.com\/refsrc\" target=\"_blank\" rel=\"noopener\">Manish<\/a> writes that after Japan\u2019s Geniee acquired AdPushup-operator Zelto for $70 million. He called the deal \u201ca remarkable turnaround\u201d for Zelto, a company that has stared down a few near-death experiences, including cash flow and product market fit problems, during its 10-year-old life.<\/li>\n<li><a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/vw-backed-scout-motors-to-build-2b-factory-in-south-carolina\/\"><strong>Sweet (South) Carolina, bup, bup, bup<\/strong><\/a>: VW-backed Scout Motors has plans to build a $2 billion factory in South Carolina to produce its all-electric vehicles. <a href=\"https:\/\/twitter.com\/tim_stevens\" target=\"_blank\" rel=\"noopener\">Tim Stevens<\/a> has more.<\/li>\n<li><a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/reserve-bank-of-india-amazon-pay\/\"><strong>Fined<\/strong><\/a>: <a href=\"https:\/\/twitter.com\/refsrc\" target=\"_blank\" rel=\"noopener\">Manish<\/a> also writes about India\u2019s central bank, which fined Amazon\u2019s payments unit over $370,000, claiming the company was noncompliant with certain know-your-customer guidelines.<\/li>\n<\/ul>\n<h2>Startups and VC<\/h2>\n<p>While most established automotive players call the shots from sprawling, corporate palaces, Scout bases much of its operations \u2014 at least for now \u2014 out of a WeWork near Washington, D.C., <a href=\"https:\/\/twitter.com\/tim_stevens\" target=\"_blank\" rel=\"noopener\">Tim Stevens<\/a> reports. Scout Motors\u2019 base of operations will eventually \u201canchor\u201d near the $2 billion factory in South Carolina that was announced Friday, and the company plans to <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/how-scout-motors-plans-to-bring-rugged-retro-cred-to-the-ev-era\/\">bring rugged, retro cred to the EV era<\/a>.<\/p>\n<p>And we have five more for you:<\/p>\n<ul>\n<li><strong>Oh no, madam!<\/strong>: <a href=\"https:\/\/twitter.com\/JagmeetS13\" target=\"_blank\" rel=\"noopener\">Jagmeet<\/a> reports that Indian startup <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/yes-madam-india-data-exposed\/\">Yes Madam exposed sensitive data<\/a> of customers and gig workers.<\/li>\n<li><strong>Looking beyond the Matrix<\/strong>:<a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/prog-ai-wants-to-help-recruiters-find-technical-talent-by-inferring-skills-from-github-code\/\"> Prog.ai wants to help recruiters find technical talent<\/a> by inferring skills from GitHub code, <a href=\"https:\/\/twitter.com\/psawers\" target=\"_blank\" rel=\"noopener\">Paul<\/a> reports.<\/li>\n<li><strong>Hydrogen takes to the skies<\/strong>: <a href=\"https:\/\/twitter.com\/meharris\" target=\"_blank\" rel=\"noopener\">Mark<\/a> reports that <a href=\"https:\/\/techcrunch.com\/2023\/03\/02\/universal-hydrogen-takes-to-the-air-with-the-largest-hydrogen-fuel-cell-ever-to-fly\/\">Universal Hydrogen takes to the air with the largest hydrogen fuel cell ever to fly<\/a>.<\/li>\n<li><strong>I like what you did here<\/strong>: <a href=\"https:\/\/techcrunch.com\/2023\/03\/02\/indent-raises-8-1m-funding-to-continue-developing-its-ai-powered-customer-video-review-tool\/\">Indent raises $8.1 million of funding for its AI-powered customer video review tool<\/a>, <a href=\"https:\/\/twitter.com\/kateparknews\" target=\"_blank\" rel=\"noopener\">Kate<\/a> reports.<\/li>\n<li><strong>Better update those security protocols<\/strong>: <a href=\"https:\/\/techcrunch.com\/2023\/03\/02\/betterhelp-owes-customers-7-8m-after-ftc-alleges-data-mishandling\/\">BetterHelp owes customers $7.8 million after FTC alleges data mishandling<\/a>, <a href=\"https:\/\/twitter.com\/asilbwrites\" target=\"_blank\" rel=\"noopener\">Amanda<\/a> writes.<\/li>\n<\/ul>\n<h2>To fix the climate, these 10 investors are betting the house on the ocean<\/h2>\n<p>Tapping the ocean for energy led to disasters like the Deepwater Horizon oil spill, which released nearly 5 million barrels of crude oil into the Gulf of Mexico in 2010. Today, wind power and wave action are just two technologies leading investors to take a closer look at ocean conservation technology, reports Tim De Chant. To learn more about the opportunities they\u2019re chasing and to discover how climate change is shaping their investment thesis, he surveyed:<\/p>\n<ul>\n<li>Daniela V. Fernandez, founder and CEO of Sustainable Ocean Alliance, managing partner at Seabird Ventures<\/li>\n<li>Tim Agnew, general partner, Bold Ocean Ventures<\/li>\n<li>Peter Bryant, program director (oceans), Builders Initiative<\/li>\n<li>Kate Danaher, managing director (oceans and seafood), S2G Ventures<\/li>\n<li>Francis O\u2019Sullivan, managing director (oceans and seafood), S2G Ventures<\/li>\n<li>Stephan Feilhauer, managing director (clean energy), S2G Ventures<\/li>\n<li>Sanjeev Krishnan, senior managing director and chief investment officer, S2G Ventures<\/li>\n<li>Rita Sousa, partner, Faber Ventures<\/li>\n<li>Christian Lim, managing director, SWEN Blue Ocean Partners<\/li>\n<li>Reece Pacheco, partner, Propeller<\/li>\n<\/ul>\n<p>Three more from the TC+ team:<\/p>\n<ul>\n<li><strong>AI front and center<\/strong>:<a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/upfront-summit-2023-artificial-intelligence\/\"> At Upfront Summit 2023, AI is the omnipresent celebrity<\/a>, <a href=\"https:\/\/twitter.com\/nmasc_\" target=\"_blank\" rel=\"noopener\">Natasha M<\/a> discovers.<\/li>\n<li><strong>(Sub)stacks o\u2019 cash<\/strong>: <a href=\"https:\/\/twitter.com\/alex\" target=\"_blank\" rel=\"noopener\">Alex<\/a> wonders if perhaps <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/perhaps-substack-can-grow-just-fine-without-venture-dollars\/\">Substack can grow just fine without venture dollars<\/a>.<\/li>\n<li><strong>AI for PR<\/strong>: <a href=\"https:\/\/twitter.com\/CamillaTenn\" target=\"_blank\" rel=\"noopener\">Camilla Tenn<\/a> argues that <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/startup-pr-professionals-should-be-jumping-on-the-ai-bandwagon\/\">startup PR professionals should be jumping on the AI bandwagon<\/a>.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/techcrunch.com\/techcrunchplus\/\"><em>TechCrunch+<\/em><\/a><em> is our membership program that helps founders and startup teams get ahead of the pack.<\/em><a href=\"https:\/\/link.techcrunch.com\/click\/26685582.342535\/aHR0cHM6Ly90ZWNoY3J1bmNoLmNvbS9zdWJzY3JpYmUvP3V0bV9tZWRpdW09VENuZXdzbGV0dGVyJnRwY2M9VENkYWlseW5ld3NsZXR0ZXI\/6036d5494a049802a929497cBf82fd2bd\"><em> You can sign up here<\/em><\/a><em>. Use code \u201cDC\u201d for a 15% discount on an annual subscription!<\/em><\/p>\n<h2>Big Tech Inc.<\/h2>\n<p>It was only a matter of time before another company would try to mimic what Instacart has going for it. Today that is Uber. <a href=\"https:\/\/twitter.com\/RebeccaBellan\" target=\"_blank\" rel=\"noopener\">Rebecca<\/a> writes that <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/uber-is-coming-for-instacart\/\">Uber is coming for Instacart<\/a> with some updates to its one-year-old Shop and Pay feature that lets delivery workers opt in to receiving trips to do grocery or other retail shopping for customers before dropping off orders at the customer\u2019s door. \u201cBasically, it\u2019s Uber\u2019s attempt to follow the Instacart model, which is working well for the incumbent grocery delivery company,\u201d she reports.<\/p>\n<p>Autonomous trucking company Embark Trucks, which went public in 2021, is now laying off about 230 workers as it explores <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/embark-trucks-lays-off-workers-explores-liquidation-of-self-driving-truck-assets\/\">liquidating its self-driving truck assets<\/a>,<a href=\"https:\/\/twitter.com\/kirstenkorosec\" target=\"_blank\" rel=\"noopener\"> Kirsten<\/a> reports.<\/p>\n<p>And now here\u2019s six more for your Friday:<\/p>\n<ul>\n<li><strong>Can you hear me now?<\/strong>: While at Mobile World Congress, <a href=\"https:\/\/twitter.com\/bheater\" target=\"_blank\" rel=\"noopener\">Brian<\/a> reports that \u201cpretty much everyone I engaged with this week echoed the sentiment that <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/smartphone-makers-searched-for-a-way-forward-at-mwc-2023\/\">smartphones are in a rut<\/a>. For the first time, however, it\u2019s not a foregone conclusion that there\u2019s a way of getting out.\u201d<\/li>\n<li><strong>Blast off<\/strong>: <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/spacexs-acquisition-of-swarm-is-paying-off-with-new-starlink-thrusters\/\">SpaceX\u2019s acquisition of Swarm is paying off with new Starlink thrusters<\/a>,<a href=\"https:\/\/twitter.com\/breadfrom\" target=\"_blank\" rel=\"noopener\"> Aria<\/a> writes.<\/li>\n<li><strong>Choo choo<\/strong>: <a href=\"https:\/\/twitter.com\/riptari\" target=\"_blank\" rel=\"noopener\">Natasha L<\/a> has an additional morsel from Mobile World Congress, writing that the \u201c<a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/inside-the-metaverse-hype-train-at-mwc-2023\/\">metaverse hype<\/a> was hanging like a multicolored fog.\u201d<\/li>\n<li><strong>Sound the alarm<\/strong>: The U.S. government is warning that <a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/us-government-royal-ransomware-advisory\/\">Royal ransomware is targeting critical infrastructure<\/a>,<a href=\"https:\/\/twitter.com\/carlypage_\" target=\"_blank\" rel=\"noopener\"> Carly<\/a> reports.<\/li>\n<li><strong>Social (media) scene<\/strong>: <a href=\"https:\/\/twitter.com\/indianidle\" target=\"_blank\" rel=\"noopener\">Ivan<\/a> reports that <a href=\"https:\/\/techcrunch.com\/2023\/03\/02\/twitter-blue-expands-to-more-than-20-countries\/\">Twitter Blue is now available in over 20 countries<\/a> while <a href=\"https:\/\/twitter.com\/AiishaMalik1\" target=\"_blank\" rel=\"noopener\">Aisha<\/a> reports that<a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/meta-rolls-out-new-facebook-reels-features-expands-max-video-length-to-90-seconds\/\"> Meta has new Facebook Reels features<\/a>, including expanding video length to 90 seconds.<\/li>\n<li><strong>Oops<\/strong>: A government watchdog found that<a href=\"https:\/\/techcrunch.com\/2023\/03\/02\/secret-service-ice-warrantless-stingray\/\"> Secret Service and ICE conducted warrantless stingray surveillance<\/a>.<a href=\"https:\/\/twitter.com\/zackwhittaker\" target=\"_blank\" rel=\"noopener\"> Zack<\/a> has more.<\/li>\n<\/ul><\/div>\n<p><a href=\"https:\/\/techcrunch.com\/2023\/03\/03\/daily-crunch-japanese-marketing-tech-firm-geniee-acquires-zelto-for-70m\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Christine Hall<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To get a roundup of TechCrunch\u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello, you crunchy Crunchers! If you\u2019ve been slacking and not bought yourself a Disrupt ticket yet, that\u2019s cool, we still love you. But here\u2019s a hot tip: This is your last chance<\/p>\n","protected":false},"author":1,"featured_media":614234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25851,2230,46],"tags":[],"class_list":{"0":"post-614233","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crunch","8":"category-daily","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/614233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=614233"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/614233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/614234"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=614233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=614233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=614233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}