Daily Crunch: US Law Enforcement Closes Identity Theft Market

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On this beautiful June 8, 2022, we celebrate Dominic-Madori Davis join the TechCrunch team. Verify her first article on the site as well as her first TechCrunch Plus featureas well as follow her on twitter! Wow, new colleagues!! — Hadje as well as Christine

TechCrunch Top 3

  • Shake, take off: Several U.S. law enforcement agencies opened bottles after announcing that they had succeeded in taking over website domains claimed to belong to SSNDOB, a notorious marketplace known to profit from Americans’ social security numbers and credit cards. This group has posted information on approximately 24 million people and generated $19 million in revenue.
  • Exit to limb: Branch may have had some early funding issues, but even as insurtech stock cools, the company has found its money tree growing. The branch has raised $147 million in Series C funding. Its tree is so tall that a unicorn can now frolic beneath it.
  • All the features of iOS 16 that are suitable for printing: We know you’re following Apple’s WWDC this week, but there are so many new features that IvanOur new Consumer Technology Reporter has rounded up some of them you may not have heard of yet.

Startups and VK

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NGL, we like to bask in some sheer anarchy on Wednesday mornings, and Tux has it in spades. AnitaX today’s interview with them :chef’s kiss: worth reading.

As markets fall, government spending on technology remains stable: how can investors take advantage?

piggy bank in front of the American flag.  government spending on technology

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

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Federal spending on technology is expected to remain stable even in the face of a looming recession, and investors and startups should seize the opportunity, write Josh Mendelsohn and Mike Ference, co-founders of Hangar.

“Current government spending, most of which will only begin to move across states after their legislative sessions close this summer, means that companies have a chance once every decade (or more) to enter the funded market in search of new ideas.”

With $110 billion for more than 4,300 projects included in the infrastructure spending bill, “this is an incredible opportunity for investors to support the next wave of innovation.”

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

Big Tech Inc.

You didn’t think you’d walk away from the day without some Twitter and news Elon Musk, is not it? Legal Team Musk asked for more transparency on spam and bot accounts earlier this week, and now there are new messages that suggest he might get them. However, it won’t be a neatly organized package. More like a “fire hose” Amanda reports. Oh, and Twitter also released a new one trading teaser feature so you can let your customers set a reminder to know when a new product is on the way.

While we’re thinking about features, we have some bad news: GitHub decided to send Atom to the pasture. The text editor for software development is a few years old — over 10 years old — and GitHub says it wants to shift efforts to other tools. Regardless, we have some good news. YouTube TV distributes surround sound to additional devices – Crayta Game Development Platform by Meta will now allow you to play games with your friends in real time.


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