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Twitter banning political ads is the right thing to do, so it will be attacked mercilessly
Oct 30, 9:58PM
Twitter founder and CEO Jack Dorsey announced abruptly — though the timing was certainly not accidental — that the platform would soon disallow any and all political advertising. This is the right thing to do, but it's also going to be hard as hell for a lot of reasons. As usual in tech and politics, no good deed goes unpunished.
Zuckerberg defends political ads that will be 0.5% of 2020 revenue
Oct 30, 9:32PM
As Jack Dorsey announced his company Twitter would drop all political ads, Facebook CEO Zuckerberg doubled-down on his policy of refusing to fact check politicians’ ads. “At times of social tension there has often been an urge to pull back on free expression . . . We will be best served over the long term […]
Apple beats on Q4 earnings after strong quarter for wearables, services
Oct 30, 9:12PM
Apple’s iPhone sales still make up over half of its quarterly revenues, but they are slowly shrinking in importance as other divisions in the company pick up speed. Apple’s stock remained largely unchanged after-hours following the release of its Q4 earnings. The company delivered earnings per share of $3.03 versus the street’s estimate of $2.84 […]
Latin America Roundup: Uber acquires Cornershop, SoftBank invests in Buser and Olist
Oct 30, 8:30PM
Brazil continued to churn out unicorns this month, with Curitiba-based Ebanx becoming the first startup from the southern part of the country to top a $1 billion valuation. U.S.-based FTV Capital provided the investment but did not disclose the amount invested nor the exact valuation of Ebanx after the investment.
Facebook shares rise on strong Q3, users up 2% to 2.45B
Oct 30, 8:15PM
Despite ongoing public relations crises, Facebook kept growing in Q3 2019, demonstrating that media backlash does not necessarily equate to poor business performance. Facebook reached 2.45 billion monthly users, up 1.65 percent from 2.41 billion in Q2 2019 when it grew 1.6 percent, and it now has 1.62 billion daily active users, up 2 percent […]
Jack Dorsey says Twitter will ban all political ads
Oct 30, 8:13PM
CEO Jack Dorsey just announced, via tweet, that Twitter will be banning all political advertising — albeit with “a few exceptions” like voter registration. “We believe political message reach should be earned, not bought,” Dorsey said. While it’s not totally clear how broad those exceptions will be, it sounds like the ban will apply to […]
Work permit delays disrupt foreign workers' career plans
Oct 30, 7:33PM
Immigration advocates are rightly fretting over the Trump administration's new health insurance mandate and efforts to dismantle the asylum system. But away from the spotlight, another crisis is quietly brewing that could affect virtually every foreign-born STEM (science, technology, engineering, and math) student and worker.
Forerunner Ventures' newest bet is Curated, a marketplace that matches pros with people buying high-ticket items
Oct 30, 7:11PM
If you’ve ever tried buying a bike online, or ski equipment, or any number of expensive goods where it would be useful to know a lot more than you do, you might check out Curated, a two-year-old San Francisco-based startup that wants to help busy shoppers who know generally what they want but don’t necessarily […]
Walmart Grocery now offers curbside alcohol pickup at 2,000 US stores
Oct 30, 7:06PM
The online grocery wars continue. Amazon this week just made grocery delivery free, so Walmart is now touting how its grocery service offers the booze. The retailer today announced a new milestone in terms of giving its customers the ability to shop for alcohol online, noting that more than 2,000 Walmart locations across 29 states […]
This robot relies on human reflexes to keep its balance
Oct 30, 6:42PM
As much as we'd like to think that we're entering an era of autonomous robots, they're actually still pretty helpless. To keep them from falling down all the time, a human's fast reflexes could be the solution. But the human has to feel what the robot is feeling — and that's just what these researchers are testing.
Daily Crunch: HBO Max will launch in May
Oct 30, 6:42PM
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. HBO Max will cost $14.99 per month and launch in May 2020 AT&T and WarnerMedia announced the pricing, launch timetable and […]
Government is a technology, so fix it like one
Oct 30, 6:22PM
The Roman Empire, the Iroquois Confederacy and the United States of America are human inventions as surely as airplanes, computers, and contraception. Technology is how we do things, and political institutions are how we collaborate at scale. Government is an immensely powerful innovation through which we take collective action.
A week-long iOS App Store bug wiped out over 20M ratings
Oct 30, 5:49PM
An accidental sweep of the App Store removed more than 20 million ratings from the most popular apps — including from well-known brands like Google, Microsoft, Starbucks, Hulu, Nike and others — as well as from smaller developers. The issue began on October 23, 2019 and wasn’t resolved until yesterday, October 29. Apple says the […]
Samsung ramps up its B2B partner and developer efforts
Oct 30, 5:03PM
Chances are you mostly think of Samsung as a consumer-focused electronics company, but it actually has a very sizable B2B business as well, which serves more than 15,000 large enterprises and hundreds of thousands of SMB entrepreneurs via its partners. At its developer conference this week, it’s putting the spotlight squarely on this side of […]
Google launches TensorFlow Enterprise with long-term support and managed services
Oct 30, 5:00PM
Google open-sourced its TensorFlow machine learning framework back in 2015 and it quickly became one of the most popular platforms of its kind. Enterprises that wanted to use it, however, had to either work with third parties or do it themselves. To help these companies — and capture some of this lucrative market itself — […]
Muy raises $15M to grow its new cloud kitchen concept
Oct 30, 4:30PM
The cloud kitchen craze has reached Latin America. Food tech startup Muy landed a fresh $15 million Series B to expand into Mexico and soon Brazil. The service is currently operative in Colombia. Muy is a "cloud kitchen meets Chipotle," says one investor. The company describes itself as a virtual kitchen and smart chef system […]
Facebook agrees to pay UK data watchdog's Cambridge Analytica fine but settles without admitting liability
Oct 30, 3:09PM
Facebook has reached a settlement with the U.K.’s data protection watchdog, the ICO, agreeing to pay in full a £500,000 (~$643K) fine following the latter’s investigating into the Cambridge Analytica data misuse scandal. As part of the arrangement, Facebook has agreed to drop its legal appeal against the penalty. But under the terms of the […]
IoT security startup Particle raises $40M in Series C
Oct 30, 3:00PM
Particle, a platform for Internet of Things devices, has raised $40 million in its latest round of funding. Qualcomm Ventures and Energy Impact Partners led the Series C raise, with backing from existing investors including Root Ventures, Bonfire Ventures, Industry Ventures, Spark Capital, Green D Ventures, Counterpart Ventures and SOSV. With its latest round of […]
Apple TV+ will be free with an Apple Music student subscription
Oct 30, 2:26PM
Ahead of Friday’s launch of Apple’s new streaming service, Apple TV+, the company announced an Apple Music/Apple TV+ bundle deal specifically aimed at making the service more affordable for younger subscribers. According to an Instagram Story published by Hailee Steinfeld, star of Apple TV+’s first potential hit series, “Dickinson,” Apple Music student subscribers will be […]
Wearable spending forecasted to increase 27% in 2020
Oct 30, 2:10PM
New numbers from Gartner mark another major increase for global wearable spending in 2020. The analyst firm forecasts a 27% jump in end-user spending over this year, from $40.5 billion to $51.5 billion. Once again, the pack is led by smartwatches, which continue to burn the hottest in the space. Interestingly, the increase on smartwatch […]
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