Fb performs hardball in Australia, Epic Video games expands its combat in opposition to Apple and New York’s legal professional basic sues Amazon. That is your Day by day Crunch for February 17, 2021.
The large story: Fb cuts off news-sharing in Australia
In response to a proposed regulation forcing web platforms to pay information publishers straight, Facebook announced today that Australian customers won’t be able to share or view information hyperlinks.
In its submit, Fb drew a direct distinction with the opposite massive firm focused by the regulation, with managing director for Fb Australia and New Zealand William Easton writing, “Google Search is inextricably intertwined with information and publishers don’t voluntarily present their content material. Alternatively, publishers willingly select to submit information on Fb, because it permits them to promote extra subscriptions, develop their audiences and improve promoting income.”
The tech giants
Epic Games takes its Apple App Store fight to Europe — The Fortnite-maker has lodged a criticism with the bloc’s antitrust regulators.
NY AG sues Amazon over treatment of warehouse workers — The swimsuit alleges that Amazon failed to supply satisfactory well being and security measures in two New York amenities, and that it unlawfully disciplined and fired staff who complained.
Google Maps users can now pay for parking or their transit fare right from the app — That is a part of an expanded partnership with transportation software program corporations Passport and ParkMobile.
Startups, funding and enterprise capital
Locus Robotics has raised a $150M Series E — The spherical values the robotics firm at $1 billion.
SpaceX reportedly raises $850M in new funding — It is a huge spherical by most requirements, however not by SpaceX’s.
Jet co-founder Nate Faust is building a more sustainable e-commerce experience with Olive — Faust mentioned it’s “loopy” that 25 years after the e-commerce trade started, it’s nonetheless counting on “single-use, one-way packaging.”
Recommendation and evaluation from Further Crunch
Dear Sophie: Tips for filing for a green card for my soon-to-be spouse — The newest version of “Pricey Sophie,” the recommendation column that solutions immigration-related questions on working at know-how corporations.
With software markets getting bigger, will more VCs bet on competing startups? — Again within the days when inside rounds have been dangerous, SPACs have been jokes and crypto a fever dream, there was a number of noise about traders who declined to position competing bets in any specific startup market.
(Further Crunch is our membership program, which helps founders and startup groups get forward. You can sign up here.)
Every thing else
Jamaica’s immigration website exposed thousands of travelers’ data — Immigration paperwork and COVID-19 lab outcomes have been left unprotected.
Reducing the spread of misinformation on social media: What would a do-over look like? — Concepts from the group at Irrational Labs.
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