Apple Audible may add a competitor pod, add more podcasts, and an ad measurement company raises $ 350 million. This is your daily crisis for October 28, 2020.
The big story: Apple seems pretty interested in the search
According to The Financial Times, Apple has a growing interest in search technology and may even be working on a product to compete with Google.
The most noticeable change is the fact that in iOS 14, Apple now shows its own results when you type queries on the home screen. In addition, Apple web crawler activity appears to be increasing.
There may be a greater chance here, as the US Department of Justice has sued Google for alleged anti-competitive search behavior. However, that doesn't necessarily mean Apple and Google will be competing against each other in search anytime soon. This could just be a sign that Apple's Siri voice assistant is getting more searches.
The technology giants
Joe Rogan, Alex Jones, and Spotify's Illusion of Neutrality – Spotify comes under fire after InfoWars' Joe Rogan added Alex Jones to his show.
Audible continues to expand into podcasts – Audible adds approximately 100,000 podcasts.
Apple is considering the TikTok generation with an updated version of clips – The update brings much-needed vertical video support so that TikTok and the Stories feature can be shared in other social apps.
Startups, Financing and Venture Capital
DoubleVerify, a specialist in brand security, ad fraud, and ad quality, brings in $ 350 million. DoubleVerify's technology can detect fraud, visibility and brand safety.
Outrider raises $ 65 million to bring its autonomous technology to distribution yards. The startup has built a three-part system that includes an autonomous electric truck, software to manage the operation, and the site infrastructure.
Lunchbox is raising $ 20 million to help restaurants build their own ordering experiences. CEO Nabeel Alamgir said that restaurants that can self-fulfill more online orders (instead of just relying on delivery apps) make more money while maintaining a direct relationship with their most loyal customers.
Advice and analysis of extra crunch
What happens to venture capital when the venture capital recovers? – As venture capital breaks new records again, it seems that its lesser-known siblings are unable to match the results of recent years.
Current and Coming Trends in Latin America's Mobile Growth – Latin America is home to one of the fastest growing wireless markets in the world.
Dear Sophie, are there upgrade options for E-2 visa holders who are interested in changing jobs? – Another edition of Sophie Alcorn's column on answering immigration questions about working in technology companies.
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Ryan Smith, CEO of Qualtrics, to buy majority stake in Utah Jazz for $ 1.6 billion – Smith sold Qualtrics to SAP for $ 8 billion in 2018.
Online vacation sales in the US are expected to hit $ 189 billion this year, up 33% from 2019, according to a new forecast from Adobe Analytics.
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