We explore the consequences of Facebook’s news ban, WhatsApp addresses privacy concerns and a land of persistence on Mars. This is your daily crunch for February 18, 2021.
Big story: Facebook’s Australian news ban is too broad
Yes, this was the major story in yesterday’s newspaper, but 24 hours later, we have a better understanding of how things are playing out.
A quick refresher: As the Australian government is debating a law that would require tech platforms to pay media companies for linked content, Facebook has moved on to stop sharing or viewing news . The move has been criticized as censorship and even “an attack on a sovereign nation” Praised as a proper stand Against “link tax” (Google has made similar threats but is instead bargaining with Australian publishers.)
Regardless of how you feel about the decision in theory, the initial implementation has left something to be desired, with Facebook pages from hospitals, universities, unions, government departments and the Bureau of Meteorology. All cleared. When reached for comment, Facebook confirmed that it deliberately applied a broader definition of news, designed to reflect “formatted” legislation.
After the backlash, WhatsApp to roll out the in-app banner to better explain its privacy update – If users choose to review the changes, they will be shown a deeper summary, which includes additional details about how WhatsApp works with Facebook.
Apple TV + comes on Google TV devices, starting with Chromecast – It will also be available on Google TV in the coming months from both Sony and TCL, for other Android TV-powered devices in the coming months.
Announces Next Permanent Release of Microsoft Office – If you use Office, Microsoft will really, really, really like you to purchase a cloud-enabled subscription to Microsoft 365, but it will also continue to provide a standalone, permanent license for Office.
Startup, Funding and Venture Capital
Robinhood goes to Congress – Alex Wilhelm was not fun to watch.
Math learning app Photomath raises $ 23M as it reaches 220 million downloads – Chances are, if you are a teenager in your home, you may already know about the app.
Wholesale marketplace rebound $ 22.9M – The marketplace helps independent retailers with new products to stock their shelves and up-and-coming brands.
Additional crisis advice and analysis
Why do SaaS companies accelerate usage-based pricing? – Public SaaS companies that have adopted usage-based pricing grow faster because they are better able to land new customers, grow with them and keep them as customers.
Creating a forecasting machine for financial markets – Data is the backbone of any prediction machine.
Check out the incredible speakers who join Extra Crunch Live in March – Our march begins with Sarah Kunst of Slate Clio Capital and Julia Collins of Planet FWD.
(Extra Crunch is our membership program, which helps founders and startup teams move forward. You can sign up here.)
Strongly sends back its first images of land and surface safely to Mars – Perseverance descended after a white-fingered descent that involved taking a landing spot just before landing a rocket-powered sky-crane.
Tired of ‘Zoom University’? So is edtech – A wave of startups are trying to disrupt the virtual school day.
California DMV warns a contractor of data breach after ransomware is hit – Automatic Funds Transfer Services, which the DMV said it has used to verify address changes, was affected by an unspecified strain of ransomware earlier this month.
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