The Biden administration hints at changes in the gig economy, Blue Origin will take passengers, and we interview Jim Belushi on weed. This is your Daily Crunch for April 29, 2021.
The big story: Biden’s labor secretary says construction workers should be reclassified
The Biden administration’s labor secretary, Marty Walsh, recently said in an interview with Reuters that he was “watching” the odd-job economy.
“In many cases, construction workers should be classified as employees,” Walsh said. “In some cases they are treated with respect and in some cases they are not and I think that has to be consistent across the board.”
For now, this is just rhetoric, but it suggests that new regulations and the reclassification of on-site labor could be a priority for the new administration.
The giants of technology
Google Pay Update Adds Grocery Deals, Transit Extensions, and Spending Info – Through Partnerships with Safeway and Target, Google Pay Users Will Now be able to browse their store’s weekly flyers presenting the latest offers.
Zynga and Rollic acquire the hyper-laid back game studio behind High Heels – The company has said that High Heels (or, if you insist, High Heels!) Has been downloaded over 60 million times since its launch in January.
IBM acquires cloud application and network management company Turbonomic for up to $ 2 billion – Turbonomic provides tools to manage application performance, as well as Kubernetes and network performance.
Startups, financing and venture capital
Blue Origin will start selling tickets for New Shepard space tourism flights on May 5 – The “when and how much” are the two burning questions that linger around the first commercial passenger flights for the Jeff Bezos-backed space company.
TravelPerk Raises $ 160 Million in Equity and Debt After Year of Derailed Business Travel – TravelPerk Enables Users to Compare, Book and Bill Trains, Cars, Flights, Hotels and Apartments from One range of suppliers.
MoviePass Co-Founder PreShow Interactive Raises $ 3 Million to Grow In-Game – The startup will offer PC and console gamers a new way to earn in-game currency in exchange for watching ads.
Advice and analysis from Extra Crunch
Healthcare is the next wave of data release – David Jegen and Carl Byers of F-Prime Capital say the winners of healthcare data transformation will look different than they did with financial data.
Fintech startups set venture capital records as 2021 fundraising market continues to impress – New data indicates that the first quarter of 2021 was the biggest fintech venture capital quarter ever.
How to Fundraiser Via Zoom More Effectively – A year ago, many of us thought that virtual fundraising would be impossible.
(Extra Crunch is our membership program, which helps founders and startup teams grow. You can sign up here.)
Jim Belushi pursues the magic of cannabis – We interviewed Belushi about his new greenhouses, provided in part by GrowGeneration.
Spending on video games in the United States rose 30% in the first quarter – Content increased 25% for the quarter, accessories jumped 42% and hardware increased 82%, according to NPD.
Shaun Maguire of Sequoia and Samir Vasavada of Vise to talk about fintech success on Extra Crunch Live – Join us on May 19 to discuss what brought the pair together, key fundraising tips and how to be successful in the fintech space.
The Daily Crunch is TechCrunch’s roundup of our most important and important stories. If you’d like this delivered to your inbox every day around 3:00 p.m. PT, you can subscribe here.