The outbreak of the corona virus continues to affect the tech industry. Facebook's Libra Association has signed a new partner and Quibi, the short-form video service, can be pre-ordered. Here is your daily crisis for February 21, 2020.
1. PC shipments are expected to decrease this year due to the coronavirus outbreak
The outbreak of the corona virus could lead to a decrease in PC volume of at least 3.3% and even 9%, according to the research company Canalys.
“In the best case scenario, it is expected that the production level will be fully utilized again by April 2020. Therefore, the biggest success will be selling the supplies in the first two quarters, with the market recovering in the third and fourth quarters, ”the company said.
2. Shopify joins Facebook's Cryptocurrency Libra Association
After eBay, Visa, Stripe and other high-profile partners dropped the Facebook-supported cryptocurrency collective, Libra made a profit with Shopify. The e-commerce platform becomes a member of the Libra Association, which contributes at least $ 10 million and operates a node that processes transactions for Facebook's stable coin.
3. The Quibi streaming service app is launched to pre-order in the app stores
Quibi, Jeffrey Katzenberg's pure mobile phone streaming service, can now be pre-ordered. The company refused to fully present its app at CES just a month ago. Instead, the demos focused on “TurnStyle” technology. However, the app still seems to be ready.
4. Volocopter expands Series C funding to $ 94 million with support from logistics giant DB Schenker and others
With this new funding, Volocopter is raising its total to approximately $ 132 million. The newly acquired capital will be used to certify its VoloCity aircraft, an air taxi for passenger transport that is on the right path to becoming the first company. vehicle ever approved for commercial use.
5. Where top VCs invest in manufacturing and warehouse robotics
Since our event for 2020 Robotics + AI sessions is less than two weeks away, we decided to run temperature tests in some of the hottest robotics subverticals to determine which trends are on the rise and where tests are actually being written. (Additional crunch membership required.)
6. How "The Mandalorian" and ILM invisibly reinvented film and television production
While a successful live action Star Wars TV series is important in its own right, the way this particular show was made represents a far bigger change, perhaps the most important since the green screen.
7. Shogun raises $ 10 million to help ecommerce brands build faster websites
The company's first product, Page Builder, offers a drag-and-drop interface that makes it easy for e-commerce brands to build their storefronts on Shopify, BigCommerce, Salesforce, and Magento. And there is a new product, Shogun Frontend, that allows brands to create a web storefront that is fully customized and yet uses one of the major trading platforms as a back end.
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