To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.
Today is Wednesday the 15th of June 2022. As much as we like to live in the now, we’re hella excited about tomorrow! Over on Twitter Spaces at noon PDT tomorrow, we’ll be talking with our immigration expert Sophie (who today shared what the best visa is for bootstrapping a startup). Clicky to set a reminder for yourself right now! We’ll also have our online day for TC Sessions: Climate tomorrow, so tune in for that as well if you’re a fan of climate and the crispiness level of our planet. Woohoo! — Haje and Christine
Tune in for tomorrow’s Online Day at TC Sessions: Climate

In the world of startups, Haje made his debut on our Equity podcast, talking with Natasha M and Alex about how we are entering an era of…shall we say creative accounting.
Unrelated to creative accounting, and crypto crash be damned, Binance CEO Brian Shroder told employees yesterday that the company is “in the strongest position possible to not only successfully weather this downturn but also emerge as the leading crypto platform in the U.S.,” Anita reports.
Let’s take a stroll in startup land, looking through the lens of TechCrunch’s reporting over the past 24 hours or so:

Two ropes tied together amid a few ropes that are untied; startup mergers and consolidation in southeast asia

Image Credits: jayk7 (opens in a new window) / Getty Images

Image Credits: jayk7 (opens in a new window) / Getty Images
The super app business model is paying dividends in Southeast Asia.
Offerings from Grab, “the everyday everything app,” run the gamut from grocery delivery to investment services; Malaysia-based AirAsia has rebranded itself as Capital A as it expands its offerings to encompass ride hailing, food delivery and much more.
These companies aren’t building these new business units from scratch: They’re using strategic acquisitions to enter new markets and fence out the competition.
“As more tech companies look to the super app business model to retain users and increase monetization, we could expect more inorganic expansion and consolidation in the coming years,” says Amit Anand, founding partner of Jungle Ventures.
Is consolidation on the horizon for Southeast Asia’s tech industry?

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)
For a little while there, Discord, GitLab and other services in India and surrounding regions were impacted by a Cloudflare outage, Manish reported. The cause “was an increase in resource consumption due to a software release.” That has been resolved now.
Heard enough from Apple’s WWDC? Well, Ivan wants you to know what he thinks is one of the most fun new features to come out of there — Apple’s new image cutout feature in iOS 16. He likes the ability to cut out and lift the unwanted sections with the press of a finger. And you can cut an image, which then turns it into a separate image that can be dropped into a message app like iMessage or WhatsApp.
Bottles are popping over at YouTube where its YouTube Shorts surpassed 1.5 billion logged-in monthly users less than 2 years after its launch. Sarah writes that this proves it can compete with the likes of TikTok, which said it has 1 billion users since September 2021.
Had enough, or are you thirsty for more?
Editor’s note, June 16, 9:56 a.m. PST: The Cloudfare mention was corrected to say what the root cause of the outage was. 


By admin

Leave a Reply

Your email address will not be published. Required fields are marked *