Trump rises his campaign against Chinese tech companionships, Facebook provides toil from home until the middle of 2021 and Netflix includes support for Hindi. Here’s your Daily Crunch for August 7, 2020.
The big narrative: Trump clues dictates censoring US business with TikTok owned ByteDance and Tencent’s WeChat
Both fiats will take effect in 45 daytimes, but its specific impact is unclear since Secretary of Commerce Wilbur Ross will apparently not mark 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.( Solely Microsoft, which has acknowledged that it’s in acquisition conversations .)
TikTok hit back against the seek by saying that it was “issued without any due process” and would risk “undermining global businesses’ trust in the United States’ commitment to the rule of law.”
The tech giants
Facebook provides coronavirus direct from dwelling programme until July 2021 — Facebook has joined Google in saying it will allow employees to work from dwelling until the midriff of next year as a result of the coronavirus pandemic.
Netflix’s recent effort to make inroads in India: Support for Hindi — Netflix has gone out support for Hindi, a language spoken by nearly half a billion people in India.
Judge says Uber, Lyft preliminary injunction ruling to come in’ such matters of days’ — Lyft argued that reclassifying motorists as employees would cause irreparable harm.
Startups, funding and venture capital
The rules of VC are being break-dance — The recent escapade of Equity discusses” flattening stores” and how they could change the VC landscape.
Mashroom promotes PS4M for its’ end-to-end’ permits and property management services — The startup pitches itself as going “beyond the tenant-finding service” to include the entire rental journey.
Wendell Brooks has resigned as chairman of Intel Capital — Anthony Lin, who has been preceding consolidations and acquisitions and international investing, will take over on an interim basis.
Advice and analysis from Extra Crunch
How to pick the liberty Series A investors — It’s important for benefactors 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 boost 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.
Survey: Tell us what you think of Extra Crunch — Like Extra Crunch? Don’t like Extra Crunch? Tell us why!
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Everything else
Civic tech platform Mobilize launches a census hub for the 2020 count’s critical final stretch — The new area, GetOutTheCount.com, will amplify nonprofits’ census efforts and collect them in one place.
Federal judge approves resolving acquiesce covenants that foreclosed movie studios from owning theaters — U.S. District Court Judge Analisa Torres quoth the rise of streaming services like Netflix as one of the reasons for her decision.
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