European Union finance ministers have agreed a defacto ban on the launch in the region of so-called global ‘stablecoins’ such as Facebook’s planned Libra digital currency until the bloc has a common approach to regulation that can mitigate the risks posed by the technology. In a joint statement the European Council and Commission write that
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A network of scammers used a ring of established right-wing Facebook pages to stoke Islamophobia and make a quick buck in the process, a new report from the Guardian reveals. But it’s less a vast international conspiracy and more simply that Facebook is unable to police its platform to prevent even the most elementary scams
Analysts point to four new iPhone 12 models in the fall of 2020, with a surprise iPhone potentially to be released before then. Let’s take a closer look at the …
“Airbnb’s unit economics are quite legendary — the S-1 is going to be MOST disrupted FASTEST in the next 3 YEARS? Caps for effect.” Who tweeted that? Initialized Capital’s Garry Tan? Homebrew’s Hunter Walk? Y Combinator co-founder Paul Graham? Or perhaps one of the dozens of other venture capitalists active on Twitter . No, it
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. 300M-user Imgur launches Melee, a gaming meme app Melee, the company’s first app beyond its flagship product, lets users subscribe to
Autonomous robotic road-riding cargo pod startup Einride has signed a new partner for a commercial pilot on Sweden’s roads, which should be a great test of the company’s electric driverless transportation pods. Einride will be providing service for Coca-Cola European Partners, which is the official authorized bottler, distributor, sales and marketing company for Coca-Cola branded
Here’s a little early Christmas present for you. Apple analyst extraordinaire Ming-Chi Kuo is out with his latest Apple opus. Per usual, it’s got a lot of fascinating nuggets, this time projecting as far as 2021 in its look at iPhones to come. Let’s skip right to that bit, shall we? It seems that 2021
10 years after debut, 300 million monthly user Imgur is one of the last massively popular yet unpersonalized home pages on the internet. Since everyone sees the same upvoted posts when they open Imgur, it creates a shared experience full of inside jokes and running gags. But while you can switch to a feed of
GM chairman and CEO Mary Barra said Thursday morning that the automaker is forming a joint venture with LG Chem to mass produce battery cells for its electric vehicles, a portfolio that will include a new battery-electric truck coming in the fall of 2021. The two companies said they will invest up to a total
We try out T-Mobile’s new low-band 5G network and while its step in the right direction, don’t expect big jumps from 4G LTE. Subscribe to CNET: …
Bridget Carey lands on Batuu to get an early look at Rise of the Resistance, the key attraction to Disney’s Star Wars-themed land, Galaxy’s Edge. It’s the most …
Qualcomm’s holding its big annual get-together this week in Hawaii, portioning off Snapdragon news, piece by piece. Yesterday’s event was the big unveiling of the Snapdragon 865 and 765, the chips that will power most of next year’s premium and mid-tier handsets, respectively. Today, the components came into sharper focus. Expect more from both tomorrow,
Fancy websites and services come and go, but Craigslist endures. And now one of its main shortcomings is fixed: there’s an official app. Currently available for iOS and in beta for Android, the app provides a true-to-form Craigslist experience: useful, unfussy and anonymous. There isn’t much to say about the app beyond that it faithfully
Data breaches that could cause millions of dollars in potential damages have been the bane of the life of many a company. What’s required is a great deal of real-time monitoring. The problem is that this world has become incredibly complex. A SANS Institute survey found half of company data breaches were the result of
Instagram is done playing dumb about users’ ages. After 9 years, Instagram is finally embracing more responsibility to protect underage kids from the problems with social media. It will now ask new users to input their birthdate and bar users under 13 from joining. However, it won’t be asking existing users their age, so Instagram
In a year-end retrospective released this morning, Reddit says its user base grew 30% this year to reach 430 million monthly active users, as of the end of October. Its users also contributed 199 million posts, 1.7 billion comments and 32 billion upvotes, the company says. Last year, Reddit reported 330 million monthly active users
Enterprise AI company Dataiku has announced some changes in its capitalization table. CapitalG (formerly Google Capital), Alphabet’s growth equity investment fund, is investing in the startup by buying out some of Serena Capital’s shares. Serena Capital has been an investor in Dataiku since 2014. “Serena was looking for a bit of liquidity. They invested in
Flow, a startup that helps brands and retailers build a cross-border e-commerce business, has raised $37 million in Series B funding. CEO Rob Keve said that thanks to the magic of social media and digital marketing, many direct-to-consumer brands are reaching consumers around the world. However, the actual shopping experience for those consumers often leaves
Google is expanding its suite of “Digital Wellbeing” tools for Android devices with a new feature, Focus Mode, launching today. This feature allows users to turn off distractions — like social media updates or email notifications — for a period of time, so you can get things done without interruption. Focus Mode was first announced
Prolific, a U.K.-based startup that wants to make it easier to conduct online research, has raised $1.2 million in seed funding. The round is co-led by Silicon Valley-based Pioneer Fund, and Altair Capital, with support from various angel investors based in the Bay Area. Prolific is also a graduate of Y Combinator and presented at
Otta, one of the latest startups aiming to fix what it sees as a broken job search and recruitment market, has picked up £850,000 in seed funding. Backing the young London company is LocalGlobe, along with a number of U.K. angel investors and founders. The latter includes Paul Forster (co-founder of Indeed), Shakil Khan (an
Google CEO Sundar Pichai will now also take on the role as Alphabet chief executive as Google’s co-founders say it’s time to step aside and stop the “daily …
Fronted, a new London-based startup aiming to make life easier for renters, is breaking cover today. The company, founded by Jamie Campbell, Simon Vans-Colina and Anthony Mann — former employees at Bud, Monzo and Apple, respectively — will launch early next year with a fintech product to help renters finance their rental deposits. The plan
Instagram dodges child safety laws. By not asking users their age upon signup, it can feign ignorance about how old they are. That way, it can’t be held liable for $40,000 per violation of the Child Online Privacy Protection Act. The law bans online services from collecting personally identifiable information about kids under 13 without
Just as Qualcomm was starting to highlight its 5G plans for the coming years, Verizon CEO Hans Vestberg hit the stage at AWS re:Invent to discuss the carrier’s team up with the cloud computing giant. As part of Verizon’s (TechCrunch’s parent company, disclosure, disclosure, disclosure) upcoming focus on 5G edge computing, the carrier will be
This morning at its annual Snapdragon summit in Hawaii, Qualcomm offered a glimpse at two new Snapdragon chips. You know how this works: the chipmaker offers some insight into the components that will power the vast majority of Android flagships over the course of the coming year. The two headliners for the event are the
Instagram is hiding Like counts to make people feel better. But what if you’re curious, competitive or just petty? Now you can re-embrace the popularity contest by installing the Socialinsider Chrome extension that reveals Instagram Like and comment counts. “The Return of the Likes” extension overlays the numbers of Likes and comments on the top-right
One of the biggest trends in the world of financial technology has been an ongoing push towards consolidation, where larger fish are snapping up smaller fish (including a proliferation of interesting startups) to get improved economies of scale in a business model where every transaction brings incremental returns. But today, a startup that has built
Under the terms of a settlement with the ACLU and other civil rights groups earlier this year, Facebook has been taking steps to prevent discriminatory ad targeting. Specifically, the company says ads in the United States that involve housing, employment or credit can no longer be targeted based on age, gender, ZIP code or multicultural affinity.
Uberflip is acquiring SnapApp, bringing together two startups that promise to help marketers use their content more effectively. President and Chief Marketing Officer Randy Frisch argued that Uberflip focuses on content experience, not content marketing. In other words, it’s not selling productivity and workflow tools for marketers to write blog posts and create videos. Instead,
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