Heaven forbid a political candidate’s Facebook account gets hacked. They might spread disinformation…like they’re already allowed to do in Facebook ads… Today Facebook made a slew of announcements designed to stop 2020 election interference. “The bottom line here is that elections have changed significantly since 2016,” and so has Facebook in response, CEO Mark Zuckerberg […]
Facebook is willing to reverse course on its plans to tie its digital currency project to a synthetic currency tied to a basket of global currencies. Reuters is reporting that Facebook’s head of the Libra project, David Marcus, told a group of bankers that the company’s main goal was to create a better payments system […]
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Zuckerberg on Chinese censorship: Is that the internet we want? The Facebook CEO spoke yesterday at Georgetown University, sharing his thoughts […]
China is exporting its social values, political ads are an important part of free expression, and the definition of dangerous speech must be kept in check, Facebook’s CEO Mark Zuckerberg argued today in a speech at Georgetown University. He criticized how American companies that do business with China were becoming influenced by the country’s values. […]
The biggest wave in consumer products right now has all the hallmarks of another bubble of misplaced investor expectations and sadly lower margins. Cloud kitchens (the category, and not just CloudKitchens the startup service) is essentially WeWork for restaurant kitchens. Instead of buying an expensive restaurant site on a heavily-walked street, a cloud kitchen is […]
Amazon seemingly didn’t realize what it had on its hands with the original Echo. Released five and a half years back for a select number of Amazon Prime users, the first Alexa device ushered in a consumer electronics revolution. According to numbers from Canalys, 26.1 million smart speakers were shipped in Q2 2019. That’s a […]
Autify, a platform that makes testing web application as easy as clicking a few buttons, has raised a $2.5 million seed round from Global Brain, Salesforce Ventures, Archetype Ventures and several angels. The company, which recently graduated from the Alchemist accelerator program for enterprise startups, splits its base between the U.S., where it keeps an […]
Canva, the Australian-based design tool maker, has today announced that it has raised an additional $10 million to bring its valuation to $3.2 billion, up from $2.5 billion in May. Investors in the company include Mary Meeker’s Bond, General Catalyst, Bessemer Venture Partners, Blackbird and Sequoia China. Alongside the new funding and valuation, Canva is […]
The timing of the original Portal’s launch was less than ideal. The company reportedly pushed things back as the Cambridge Analytica scandal hit full broil, only to be hit with another data breach disclosure. If there’s a lesson to be learned with this year’s sequel, it’s that there may just not be a good time […]
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook should ban campaign ads. End the lies. Facebook recently formalized its approach to political advertising, declaring, “We don’t believe, however, […]