Alphabet pulls the plug on its Internet balloon company, Apple is reportedly developing a new MacBook Air and Google threatens to exit Australia. This is your daily crunch for January 22, 2021.
Big story: the alphabet closes the loon
Alphabet announced It’s closing the loonThe project that used balloons to bring high-speed Internet to more remote parts of the world.
Before exiting as a separate company in 2018, Elon debuted under Group X of Alphabet’s experimental projects. Despite some successful deployments, it seems that Lune was never able to find a sustainable business model.
Alastair Westgarth, CEO of Lone, wrote in a blog post, “While we have found many partners along the way, we have not found a way to reduce costs to build a long-term, sustainable business.” “The development of radical new technology is inherently risky, but it is not easy to break this news.”
Apple is reportedly planning a thinner and lighter MacBook Air with MagSafe charging – The plan is reportedly to release the new MacBook Air in late 2021 or 2022.
Google threatens to shut down its search engine in Australia as it lobbies against digital news codes – Google is lobbying against draft legislation intended to force news publishers to pay.
Cloudflare launches free digital waiting room for any organization distributing COVID-19 vaccines – The goal is to help health agencies and organizations prepare COVID-19 vaccines to maintain a fair, equitable and transparent digital queue.
Startup, Funding and Venture Capital
The ‘Slow Dating’ app is once acquired by the dating group for $ 18M as it seeks to expand its portfolio – Once on its platform it has 9 million users, with 1 million additional users from a spin-out app called Pick-Up.
MotoRefi Raises $ 10M to Paddle on Auto Refinance Growth – CEO Kevin Bennett sees an opportunity to serve Americans who collectively hold $ 1.2 trillion in auto loans.
Supported by Vint Cerf, Emortal seeks to protect your digital heritage from ‘bit-rot’ – Immortal is a startup that wants to help you organize, preserve, protect and pass on your “digital heritage” and protect it from becoming unreadable.
Additional crisis advice and analysis
How Vice Chancellors Invested in Asia and Europe in 2020 – Giving unicorn feast.
End-to-end operators are the next generation of consumer businesses – VC firm Battery has tracked seismic changes in how consumer purchasing behavior has changed over the years.
Journey from a dormal-dorm-room project to a billion-dollar exit – Twenty years ago, the founder of Drupal and Acquia was Dries Buytaert, a college student at the University of Antwerp.
(Extra Crunch is our membership program, which helps founders and startup teams move forward. You can sign up here.)
UK resumes adtech privacy, warns platform audits are coming – The UK’s data watchdog has resumed an investigation into EdTech practices, which since 2018 have been subject to scores of complaints under the GDPR.
The Boston Globe will consider requests from people that articles about them are unknown – It is reminiscent of the European Union’s “right to be forgotten”, although potentially less controversial.
Daily Crunch is the roundup of TechCrunch among our biggest and important stories. If you want to have it delivered to your inbox every day at 3 pm in the Pacific, you can Subscribe here.