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Online platforms take action against President Trump, Lenovo tries out a swiveling screen and Roblox raises $250 million. This is your Daily Crunch for January 7, 2021. The big story: Facebook bans Trump for two weeks After a pro-Trump mob stormed the U.S. Capitol yesterday, a numbe

Epic today announced the acquisition of Rad Game Tools, maker of game development tools for many years. They’ve stayed largely behind the scenes, but many gamers will recognize the colorful Bink Video logo, which has appeared in the openings of many a title over the years. “Our work wit

Like many startups, Atlanta-based Voxie was created to solve a problem that founder and CEO Bogdan Constantin faced himself. In Constantin’s case, this was at his previous tuxedo rental startup Menguin (ultimately acquired by Generation Tux), where he said he had to market a product with a s

MadeiraMadeira, the Brazilian answer to Wayfair or Ikea, is now worth $1 billion after raising $190 million in late stage financing from investors led by SoftBank’s Latin American investment fund and the Brazilian public and private investment firm, Dynamo. An online marketplace specializing

RedHat today announced that it’s acquiring container security startup StackRox. The companies did not share the purchase price. RedHat, which is perhaps best known for its enterprise Linux products has been making the shift to the cloud in recent years. IBM purchased the company in 2018 for a

In a new statement issued by former First Lady Michelle Obama, she calls on Silicon Valley specifically to address its role in the violent insurrection attempt by pro-Trump rioters at the U.S. Capitol building on Wednesday. Obama’s statement also calls out the obviously biased treatment that

Six years after launching its service linking employer-sponsored insurance plans with surgical centers of excellence, Carrum Health has raised $40 million in a new round of financing to capitalize on tailwinds propelling its business forward.  As the COVID-19 pandemic exposes cracks in the U.S. he

Following a slate of temporary and permanent bans from a number of the top online platforms, popular video streaming service Twitch today confirmed that it has disabled the president of the United States’ account. A spokesperson for the site told technewss: In light of yesterday's shocki

It’s the image that’s been seen around the world. One of hundreds of pro-Trump supporters in the private office of House Speaker Nancy Pelosi after storming the Capitol and breaching security in protest of the certification of the election results for President-elect Joe Biden. Police w

Some consolidation is underway in the world of challenger banking apps. BBVA today told users of Simple — the pioneering mobile and online banking app that it acquired for $117 million in 2014 — that it is planning to shut down the service, moving accounts to BBVA’s USA business i

This year, Americans grappled with fear of infection, incredible loss of loved ones, financial stress, isolation and fatigue from constant uncertainty to name a few. Even though we are getting closer to returning to normality as vaccines start to roll out, we can't write COVID-19 off just yet.

YouTube just announced that channels publishing “false claims” about the U.S. presidential election will be penalized with a strike, which would temporarily suspend them from posting videos. If you’re wondering why it took this long, YouTube announced last month (a full month afte

While starting a tutoring marketplace is easy, scaling is often where the troubles begin. Tutoring marketplaces require a base of tutors that have the bandwidth and empathy to work with students across different learning styles, goals and comprehension levels. The nuance means that fast scale isn&#

Facebook isn’t the only big tech company taking action against Donald Trump’s web presence in the wake of yesterday’s riots in Washington, D.C. Shopify, which hosted shops related to Trump’s campaign paraphernalia and the outgoing President’s personal brand, TrumpStore