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Daily Crunch: Facebook acquires a cloud gaming startup

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to come this delivered to your inbox every day at around 9am Pacific, you can subscribe here.

1. Facebook acquires Madrid-based cloud gaming startup PlayGiga

Facebook is building out its gaming business — earlier this year, the company contributed its Gaming hub to the main navigation menu. And last-place month, it agreed to buy Beat Games, make of popular virtual reality claim Beat Saber.

PlayGiga, meanwhile has been working with telcos to create streaming recreation engineering for 5G. It likewise developed a gaming-as-a-service platform, applying Intel’s Visual Cloud platform, that will enable telcos and communication service providers to offer streaming sports to their customers.

2. TiVo coalesces with technology licensor Xperi in$ 3 billion transaction

Earlier this year, TiVo said it was preparing to split itself into two — a commodity and IP business — in order to make itself more attractive to buyers. Today, the company announced those programmes have been put on hold as it has instead merged with technology licensor Xperi Corporation, in a$ 3 billion deal.

3. Spotify prototypes Tastebuds to revive social music detection

Tastebuds( discovered by reversal engineering surmount Jane Manchun Wong) is designed to let consumers explore the music smack sketches of their friends. It will live as a navigation option alongside your Library and Home/ Browse sections.

4. Uber’s ride-hailing business hit with ban in Germany

In Germany, Uber’s ride-hailing business productions exclusively with professional and licensed private-hire vehicle firms — so the court ban essentially outlaws Uber’s current model in the country.

5. Snackpass snags $21 M to let you earn friends free takeout

Sending beings Snackpass remunerations became a new highway to flirt or show gratitude at Yale. And through the Venmo-esque Snackpass social feed, customers could followed with a fresh shape of chitchat while discovering restaurants.

6. PayPal completes GoPay acquisition, granting the payments stage to enter China

Though China’s payment market today is led by regional players, including eWallet providers like AliPay and WeChat Pay, there’s room for PayPal to grow in a market where digital fees per year are counted in the trillions , not billions, of dollars.

7. Tesla’s record stock price presents its investment in energy storage is finally pay for

A little over a year after precipitating a legal firestorm for contemplation that he would make Tesla private for $420, Elon Musk is probably glad he didn’t.( Extra Crunch membership required .)

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