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Marqeta acquires fintech infrastructure startup Energy Finance for $275M • TechCrunch

Jack Young by Jack Young
January 30, 2023
Home Tech

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To get a roundup of TechCrunch’s largest and most necessary tales delivered to your inbox day by day at 3 p.m. PST, subscribe here.

Kicking off the week, we’ve been completely having fun with Runa Sandvik’s story about how U.S. police use digital data to prosecute abortions in our post-Roe-v.-Wade world. The TL;DR is that healthcare within the U.S. is a bizarre world, and you need to use end-to-end encrypted messages if you happen to’re going to DM your folks about issues which can be doubtlessly unlawful.  — Christine and Haje

The TechCrunch Prime 3

Startups and VC

“I can’t clarify it. It’s bizarre,” Alphonzo “Phonz” Terrell mentioned to Amanda. After shedding his job at Twitter when Elon Musk took over, the previous world head of Social and Editorial didn’t need to relaxation — he needed to construct. “Coming straight out of it, I used to be similar to, ‘Oh, it’s time. It’s time to construct, whether or not we get assist or not.’” Now he’s raised just short of $3 million to build a competitor to Twitter.

Talking of options to Twitter, Aisha and Taylor took to the web to search out the best Twitter alternatives worth checking out. In the end they conclude that there isn’t, and can most likely by no means be, a one-for-one alternative for Twitter.

Oh, and excellent news for gaming nerds after lots of actually foolish missteps: Amanda writes how the 403-page Dungeons & Dragons recreation system is now licensed under Creative Commons.

And right here’s a handful extra, as a result of we love ya:

What do latest modifications to state taxes imply for US SaaS startups?

A few slices left of an Apple Pie

Picture Credit: Daniela Simona Temneanu / EyeEm (opens in a new window) / Getty Photographs

For SaaS startups, tax time can create a conundrum.

Some states regard software-as-a-service merchandise as, um, companies, whereas others classify them as, er, merchandise.

“There’s additionally the difficulty of bundling by itself,” based on startup tax accountant Ardy Esmaeili. “SaaS may not be taxed, however it will likely be when paired with {hardware}.”

To assist founders higher perceive their legal responsibility, Esmaeili shares tips about establish an organization’s bodily nexus and lists a number of SaaS classes that states are prone to tax.

“Have interaction an knowledgeable as early as you’ll be able to,” he writes. “Don’t assume you gained’t have to fret about it but, as a result of ready can have huge penalties down the road.”

Three extra from the TC+ staff:

TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You can sign up here. Use code “DC” for a 15% low cost on an annual subscription!

Huge Tech Inc.

Manish studies that Manu Jain is the latest Xiaomi executive to leave. This would possibly sting a bit for the corporate as a result of Jain was the one who arrange and scaled the smartphone maker’s presence in India.

All proper, now right here you might be, checking all the safety bins, getting your two-factor authentication arrange, and alongside comes a hacker — albeit paid by Meta — that finds a bug, which permits somebody to bypass that two-factor authentication on Fb and Instagram. I suppose it’s good they caught it, however ugh! Lorenzo has extra.

And we now have 5 extra for you:



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Jack Young

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