Daily Crunch: FTC and 48 state AGs sue Facebook
Facebook faces big antitrust lawsuits, DoorDash and C3.ai go public and YouTube announces new election misinformation policies. This is your Daily Crunch for December 9, 2020.
The big story: FTC and 48 state AGs sue Facebook
The Federal Trade Commission filed an antitrust lawsuit ag
UK electric vehicle startup Arrival picks Charlotte for its North American headquarters
Arrival, the U.K. electric vehicle startup that plans to become a publicly traded company through a merger with special purpose acquisition company CIIG Merger Corp., has picked Charlotte for its North American headquarters.
The company said it will add 150 new employees to support the headquarters
SpaceX flies its Starship rocket to 40,000 feet, just misses the landing in explosive finale
SpaceX is one step closer to replacing its Falcon line of active duty spacecraft: Its Starship prototype “SN8” achieved a major milestone in the ongoing spacecraft’s development program, flying to a height of around 40,000 feet at SpaceX’s development facility in southern Te
Tiny water-based robot is powered by light and can walk, move cargo and even dance
A new robot created by researchers at Northwestern University looks and behaves like a tiny aquatic animal, and could serve a variety of functions, including moving things place to place, catalyzing chemical reactions, delivering therapeutics and much more. This new soft robot honestly looks a heck
Google CEO says company will review events leading up to Dr. Timnit Gebru’s departure
In light of artificial intelligence researcher Dr. Timnit Gebru’s exit from Google last week, Google CEO Sundar Pichai sent a memo to staffers, obtained by Axios, saying the company would investigate “the circumstances that led up to Dr. Gebru’s departure, examining where we could
Watch live as SpaceX tries again to fly its Starship to great heights for the first time
SpaceX’s Starship prototype is set to take it’s first high-altitude flight — to around 40,000 feet or so — sometime this afternoon. This is the second time that it’s been poised to make this giant leap, after a try yesterday was aborted in the final seconds due to one of the
FTC seeks to break up Facebook, alleging illegal monopoly
The Federal Trade Commission today announced a new antitrust lawsuit against Facebook, alleging that the social network has used monopoly power “with the aim of suppressing, neutralizing and deterring serious competitive threats,” and must be broken up. The suit is separate from, but wa
While several marketplace unicorns prepare IPOs, a VC digs into the data
The end of 2020 will be marked by a series of high-profile consumer technology IPOs. Among the companies on file are several marketplace businesses including home rental giant Airbnb, food delivery service DoorDash, grocery delivery company Instacart and the online shopping platform Wish.
Poshmark,
TiVo will offer personalized Match Scores to help you find your next streaming service
If you’re gazing longingly at new streaming services but can’t actually afford all of them, TiVo says it can help you choose.
In recent years, the company has been trying to evolve beyond the DVR business by creating products that make it easier for consumers to navigate the increasing
Facebook hit with massive antitrust lawsuit from 46 states
A huge collection of states filed an antitrust lawsuit Wednesday accusing Facebook of suppressing its competition through monopolistic business practices. Forty-eight attorneys general across 46 states, the territory of Guam and the District of Columbia are behind the lawsuit, with only South Dakot
Twitch updates its hateful content and harassment policy after company called out for its own abuses
Following several reports of a toxic workplace and abuse this year, Twitch today announced the introduction of a new hateful content and harassment policy for its streamer community that will go into effect on Jan. 22, 2021. Under the updated guidelines, Twitch’s Safety team will change the w
Cruise begins driverless testing in San Francisco
Cruise Automation, the autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Honda and T. Rowe Price & Associates, has started testing what it describes as fully driverless vehicles on public roads in San Francisco, the first milestone required to secure a permit
Dear Sophie: Can founders get visas in 2021 through DACA or other means?
Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.
“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says
Streamers, including Netflix and CBS All Access, roll out new family-friendly features
As competition in the streaming service market heats up, services are looking for ways to differentiate their offerings. One area of increased interest — especially in light of fierce competition from newcomer Disney+ — is how to make their services more family-friendly. On this front,