To get TechCrunch’s biggest and most important stories delivered to your inbox every day at 3pm PDT; Register here.
Christine is back after a week of making the world a better place, and now she’s here to help make this a better newsletter, too. Huzzah! – Christine And came
TechCrunch’s Top 3
- The place where the sun used to be has now fallen into darknessThousands of Solana users have confirmed that their wallets have been drained of around $8 million. Rita And Carly Write it down. The hack only affects “hot” wallets, the pair reports. Industry experts say this could be a key privacy compromise. We’re sure there will be more on this later.
- Ping finds itself in the known rangePing Identity, a public enterprise identity management firm, has agreed to be acquired by private equity firm Thomas Bravo. Ingrid Reports. This is not Ping’s first exposure to PE involvement. It is majority owned by Vista Equity, which holds a minority stake in the company. Toma Bravo has been on an acquisition spree lately, picking up both SailPoint and Anaplan this year.
- Business areasWe returned to RitaHe wrote about Salesforce’s presence in China. Among the changes are the closing of the Hong Kong office and the acceleration of the sales force’s relationship with Alibaba, which includes helping companies establish social business relationships.
Startups and VCs
L’Attitude Ventures announced today that it has closed its first institutional fund, raising more than $100 million from a number of financial services heavyweights, including a “strategic anchor investment” from JPMorgan Chase. Mary Ann Reports.
PlayStudios, a publicly traded mobile game platform and developer, is entering the world of Web3 with a new blockchain dividend and investment fund. The gaming entity has announced a $10 million investment vehicle, Future Fund, to support companies building award-winning gaming alternatives. Jacqueline Reports.
Keep the starter train:
Dear Sophie: How long do I have to stay at my current job after I get my green card?
Image Credits: Bryce Durbin / TechCrunch
Dear Sophie,
I am currently a software engineer on H-1B. My employer sponsored me for an EB-2 green card, and my application was approved, but I’m still waiting for a decision on my application for permanent residency.
I want to leave my employer and do something completely different. Can I transfer my green card to another employer in a different field and position, or do I have to wait until I receive my green card at my current location?
If I must post, how long must I stay with my current employer after I receive my green card?
– Desire for change
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can register here..)
Big Tech Inc.
users for train, coach and bus travel; Natasha L Reports. The ride-hailing giant sees this as a way to not only tap into long-distance travel, but also to capture or recapture travelers moving between different modes of transportation. In other Uber news, it seems the company has now ended its partnership with Indian food delivery firm Zomato. Manish He wrote.
A brief stay in India, Manish He also reported that the government is withdrawing the Personal Data Protection Bill. It was a law that privacy advocates and tech giants weren’t fans of, mainly because it changed how they manage sensitive data and also allows the government to easily access that same information.
Speaking of partnerships, Ticketmaster and TikTok now have one that offers users a new way to find and buy event tickets. Aisha He wrote. This feature is initially for creators who can search for Ticketmaster events and add destination links to their videos. Ivan Byte Dance also reports that it is organizing an international Tik Tok music event.
You may also want to “byte” in these:
