Amazon is getting into healthcare with $3.9B acquisition of OneMedical – TechCrunch

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Well again! It’s Thursday—heat waves are heat waves, and everyone at TechCrunch is on their minds about today’s fun and engaging robotics event. That’s not all that’s happening. Since our last newsletter, we’ve had 70 new stories on the site, which means we’ve got to learn about all kinds of wild and wonderful happenings in the world of startups and company building. It was more than double-plus hard to pick the best for the newsletter, but we tried our best. Enjoy! – Christine And came

TechCrunch’s Top 3

• Amazon carries a stethoscopeAmazon has signaled its interest in healthcare by announcing its intention to acquire primary care provider One Medical for $3.9 billion. Ingrid He wrote that the details of how a medic integrates with Amazon are a bit thin People on Twitter You’re wondering what the marketplace behemoth will do next. And it’s that kind of thing. Alex that’s nice . Amazon dived into the deal to find out what it’s getting for its billions of dollars.
• Someone has his eyes on you: Manish You may recall that a month ago, hundreds of employees were laid off, bringing us an update on Indian edtech giant Baiju. Looks like he has some legal issues to contend with now. They asked a lawyer to investigate the company’s finances.
• He will not say goodbye forever.Airbnb founder Joe Gebbia has announced that he is stepping back from his job after 10 years to spend some time with family and explore what drives his passion. Kyle Reports. Gebbia will remain on the company’s board in an advisory role.

Startups and VCs

Today is the robotics cave. There were articles that particularly caught our eye. BrianAsking if universities are doing enough to develop robotics startups, and KirstenA piece on Agility’s next digit robot that has a face and hands. Also, don’t miss it BrianActuator’s newsletter covering what’s happening in the world of robotics. The latest version was released yesterday.

We’re excited to see TextExpander — which has been around for a hot minute but is still going strong today — secure a $41 million funding round. Ingrid Reports. The company makes business communications faster by creating modular, extensible text macros.

Another story that cannot be missed today. Anita And Natasha M‘s WTF is 409A – a critical piece to understand if you have any hope of understanding startup prices in the US!

• New Kenyan Venture FundAfter spending years in London, Njeri Muhia sought a bigger challenge by matching Kenyans in the diaspora with local investment opportunities, writes Kenyan VC firm FrontEnd Ventures to support local founders. Annie.
• Fly with meChartering a private jet will never be cheap, but that doesn’t mean it can’t be cheap. Aerovanti Air Club is announcing a $9.75 million Series A to provide lower hourly pay for club members. Frederick Reports.
• Hello, credit scoresTomoCredit wants to make credit scores a thing of the past and has raised $22 million at a $222 million valuation to achieve its goal. Mary Ann Reports.
• You get a raise!Talent management HR technology company 15 Five has raised $52 million to boost its own performance. Ingrid.
• I wonder what you did thereMeaty Foods has raised $150 million to expand operations by turning mushrooms into meaty goodness. Christine Reports.

Growth Cheat Code: Use fractional hiring to stay on plan while cutting costs

Image Credits: Henrik Sorensen (Opens in a new window) / Getty Images

As the winds of winter begin to blow, major tech companies like Google, Microsoft, and Lyft have each instituted hiring freezes.

Similarly, early-stage startups are under pressure to slow down the burn while maintaining momentum, but “fractional hiring is a growth cheat code” when used strategically, says Teja Yenamandra, co-founder and CEO of Gun.io.

“There’s a lot less competition for talent to hire now, and you might be able to lock down a hire that wasn’t capable a few months ago.”

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can register here..)

Big Tech Inc.

If you’re here for Tesla news, you’re in luck. The mobility, climate and cryptocurrency staff have been in full coverage mode at the electric automaker, bringing you plenty of news to review the motors.

Harry And Kirsten About Tesla’s success in the solar game and its profits declining every quarter, writing in the company’s quarterly earnings, respectively. to crypto, Lucas Not only is Elon Musk the owner of Tesla’s Dogecoin, but the company has reportedly dumped 75% of its Bitcoin holdings. and finally, Rebecca Tesla wrote that the cost of self-driving software is increasing, at the same time Jacqueline The company is moving to launch its battery electric car in 2023, he wrote.

Now for some non-Tesla news. at first , Jagmet Amazon is reportedly eyeing India as the next destination to bring its Project Kuiper satellite Internet business.

Meanwhile, many companies are hitting the pause button on various things. It was one of the top stories from yesterday. AndrewThe piece at Google takes two weeks off from hiring and then slows down for the rest of the year.

And not alone. Kyle Covers the return of GitHub’s hiring, while Paul He wrote about the efficiency of Just Eat Takeaway back in France. Rebecca It covers both Lyft’s layoffs during the shutdown of Lyft’s domestic car rental program and the UK App Drivers and Couriers Union’s response to files about Uber parking its vehicles. Finally, Catherine Zipmax has reported a suspension of withdrawals from its digital asset exchange.