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| Banned Chinese apps are beginning to disappear from India’s app stores, Palantir is raising more funding and Venmo starts testing Business Profiles. Here’s your Daily Crunch for July 2, 2020. | | | |
| Two days after India blocked 59 apps developed by Chinese firms, Google and Apple have started to comply with the government’s order and are preventing users in the world's second-largest internet market from accessing those apps. UC Browser, Shareit, Club Factory and other apps are no longer listed on Apple's App Store and Google Play Store. In a statement, a Google spokesperson said that the company had "temporarily blocked access to the apps"on Google Play Store as it reviews the order. Read more | |  Image Credits: PRAKASH SINGH / AFP / Getty Images | | |
| Palantir, the controversial and secretive big data and analytics provider, has reportedly been eyeing up a public listing this autumn. But in the meantime it's also continuing to push ahead in the private markets. Read more | | | |
| Business Profiles offer small sellers and other sole proprietors the opportunity to have a more professional profile page on its platform. Sellers can share key business details like address, phone number, email, website and more. Read more | |  Image Credits: Venmo | | |
| Tesla said Thursday that it delivered 90,650 vehicles in the second quarter, a 4.8% decline from the same period last year, prompted by challenges caused by the COVID-19 pandemic — like suspending production for weeks at its main U.S. factory. But the company still managed to beat expectations despite the headwinds. Read more | | | |
| From larger fund investors like Mark Suster and Kara Nortman at Upfront Ventures to Dana Settle at Greycroft Partners; to early-stage investors like Will Hsu at Mucker Capital; TX Zhuo at Fika Ventures, the responses were generally upbeat about the future opportunities for Los Angeles startups. (Extra Crunch membership required.) Read more | |  Image Credits: Nigel Sussman | | |
| T-Mobile today announced that it has closed a deal that divests Sprint's pre-paid businesses, including Boost and Virgin Mobile. The whole thing was a key part of T-Mobile's bid to merge with Sprint. Read more | | | |
| Many AR startups made huge promises and raised huge amounts of capital before flaring out in a similarly dramatic fashion. Lucas Matney argues that a key error was thinking that an AR glasses company should be hardware-first, when the reality is that the missing value is almost entirely centered on first-party software experiences. (Extra Crunch membership required.) Read more | | | |
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