Microsoft acquires a security startup, Canva

raises $60 million and Apple kicks off a virtual WWDC. Here’s your Daily Crunch for June 22, 2020. 1. Microsoft verifies acquisition of CyberX to improve security in its Azure IoT business Microsoft announced today that it’s acquiring CyberX, a security startup that focuses on spotting, forecasting and stopping security breaches on Web of Things networks and the networks of big commercial companies. Regards to the offer are not being divulged, but sources say that it remains in the region of$ 165 million. The deal likewise shows how larger tech business are using the financial downturn to focus on their longer-term strategies and support properties to support those strategies. 2. Canva raises$60 million on a$6 billion assessment At the beginning of the pandemic, Canva made a dedication to continue

paying all of its contracted employees, however froze hiring. The company likewise made quick relocate to shut down the workplace and move to remote work. At the very same time, Canva says it’s getting a boost from the world moving to work from house. 3.< a href ="

“> Live from Apple’s virtual WWDC 2020 What will Apple reveal today? You can wait for tomorrow’s Daily Crunch to find

out, or you can follow in addition to our live blog. The keynote begins at 10 a.m. Pacific/1 p.m. Eastern. 4. Virgin Galactic to purchase seats on rockets and train personal astronauts for Space Station journeys Virgin Galactic is in the process of developing a sub-orbital space tourist program using its own spacecraft, but this deal would include usage of

other spacecraft that have the capacity to reach orbit and the ISS– which Virgin Galactic’s SpaceShipTwo can’t do. 5. Concepts for a post-COVID-19 work environment As a work environment strategist, AlbertDe Plazaola says he’s constantly asked,”What is

the office of the future?”But in his view, Frank Lloyd Wright already developed the service. (Bonus Crunch membership required. )6. BMW, Mercedes-Benz end’long-term’automated driving alliance, for now BMW Group and Mercedes-Benz AG have punted on what was suggested to be a long-lasting cooperation to develop next-generation automated driving technology together, less than a year after revealing the agreement. 7. Today’s TechCrunch podcasts The current full-length Equity episode discusses the Hey email app

and its developer’s dispute with Apple, while the Monday news roundup wrap-ups current financings. And on Initial Material, we review Spike Lee’s new film on Netflix,”Da 5 Bloods.”The Daily Crunch is TechCrunch’s roundup of our most significant and crucial stories. If you ‘d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.