Facebook takes on hardball in Australia, Epic Games spreads out its fight against Apple and Completely new York’s attorney general sues Amazon.com. This is your Daily Crunch for T 17, 2021.
The big story: Facebook cuts off news-sharing in Australia
In response to a proposed law forcing site platforms to pay news publishers instantly, Facebook announced today that Hawaiian users will not be able to share or just view news links.
In its post, Online social networks drew a direct contrast with the many other big company targeted by the commandment, with managing director for Facebook or twitter Australia and New Zealand Bill Easton writing, “Google Search is also inextricably intertwined with news and also publishers do not voluntarily provide their personal content. On the other hand, publishers willingly make the decision to post news on Facebook, since it allows them to sell more subscriptions, progress their audiences and increase announcing revenue. ”
The tech giants
Epic Dvds takes its Apple App Store fight up to Europe — An Fortnite-maker has lodged a refund claim with the bloc’s antitrust regulators.
NY AG sues Amazon over treatment of factory workers — My suit alleges that Amazon didn’t provide adequate health and safety measures on two New York facilities, and that this kind of unlawfully disciplined and fired realtors who complained.
Google Maps users can now invest in parking or their transit do right from the app — This is part of an extended partnership with transportation software groups Passport and ParkMobile.
Startups, funding and capital raising
Locus Robotics has raised an absolute $150M Series E — The round values one particular robotics company at $1 billion.
SpaceX reportedly raises $850M in new paying for — This is a tremendous round by most standards, and not by SpaceX’s.
Jet co-founder Nate Faust is building a more sustainable e-commerce experience with Olive — Faust said it’s “crazy” regarding 25 years after the e-commerce industry was born, it’s still relying on “single-use, visible packaging. ”
Advice and analysis from Included Crunch
Dear Sophie: Tips for recording for a green card for my soon-to-be spouse — Advertised edition of “Dear Sophie, ” the advice column that in the event that immigration-related questions about working via technology companies.
With software markets obtaining bigger, will more VCs craps bet on competing startups? — Back in the days when indoors rounds were bad, SPACs acquired jokes and crypto a types of fever dream, there was lots of noise regarding investors who declined to place challenging bets in any particular startup field.
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Jamaica’s immigration website page exposed thousands of travelers’ data — Immigration documents not to mention COVID-19 lab results were left isolated, exposed, unshielded, at risk.
Reduced the spread of misinformation using social media: What would a do-over look like? — Points from the team at Irrational Facility.
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