Trump heightens his campaign against Chinese tech companionships, Facebook increases employment from dwelling until the middle-of-the-road of 2021 and Netflix adds support for Hindi. Here’s your Daily Crunch for August 7, 2020.
Both requires will take effect in 45 periods, but its specific impact is unclear since Secretary of Commerce Wilbur Ross will apparently not identify what transactions are covered until then.
This comes after Trump had already said that he was banning TikTok unless the app is sold to an American owner.( Specifically Microsoft, which has acknowledged that it’s in possession whispers .)
TikTok hit back against the seek by saying that it was “issued without any due process” and would risk “undermining world-wide businesses’ trust in the United States’ commitment to the rule of law.”
The tech giants
Facebook widens coronavirus office from home program until July 2021 — Facebook has joined Google in saying it will allow employees to work from residence until the middle of next year as the purposes of the coronavirus pandemic.
Netflix’s latest effort to make inroads in India: Support for Hindi — Netflix has rolled out support for Hindi, a language spoken by nearly half a billion people in India.
Judge says Uber, Lyft initial ruling ruling to come in’ a matter of days’ — Lyft argued that reclassifying moves as employees would cause irreparable harm.
Startups, funding and venture capital
The rules of VC are being break-dance — The latest escapade of Equity discusses” reeling monies” and how they could change the VC landscape.
Mashroom creates PS4M for its’ end-to-end’ lettings and property management services — The startup slopes itself as disappearing “beyond the tenant-finding service” to include the part rental journey.
Wendell Brooks has resigned as president of Intel Capital — Anthony Lin, who has been conducting unitings and acquisitions and international investing, will take over on an interim basis.
Advice and analysis from Extra Crunch
How to pick the title Series A investors — It’s important for founders to get to know the people coming onto their board, and Jake Saper of Emergence Capital has some thoughts on how to do that.
IoT and data science will improve foodtech in the post-pandemic era — Three “must-dos” for post-pandemic retail grocers: rely on the data, are dependent upon the biology and are dependent upon the hardware.
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Civic tech platform Mobilize openings a census hub for the 2020 count’s critical final stretch — The new area, GetOutTheCount.com, will enlarge nonprofits’ census efforts and collect them in one place.
Federal judge approves objective agree ordinances that avoided movie studios from owning theaters — U.S. District Court Judge Analisa Torres cited the rise of streaming services like Netflix as one of the reasons for her decision.
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