Facebooks The dating function will be expanded after a delay in regulation. We're reviewing the new Amazon Echo, and President Donald Trump has a Twitter password on his nose. This is your daily crisis for October 22, 2020.
The big story: Facebook Dating is coming to Europe
As early as February, Facebook had to cancel the European start date of its dating service after the Irish data protection commission was not informed in time about the start. Now the regulatory authority Facebook seems to have given the go-ahead.
Facebook Dating (which launched in the US last year) allows users to create a separate dating profile, identify secret chats, and get video data.
Regarding data protection and regulatory concerns, the commission informed us: “Facebook has provided detailed explanations on the processing of personal data in the context of the dating function. We will continue to monitor the product when it launches across the EU this week. "
The technology giants
Amazon Echo Review: Rounded Sound – This year's redesign focuses on another audio upgrade.
Facebook expands WhatsApp Business to include hosting, shopping functions and pricing tiers – Facebook offers a way to shop and pay for goods and services in WhatsApp chats and will finally start charging companies that use WhatsApp for Business.
Spotify records the radio with its own daily morning show – the new program combines news, pop culture, entertainment and music tailored to the listener.
Startups, Financing and Venture Capital
The Chinese live tutoring app Yuanfudao is now valued at $ 15.5 billion. The homework tutoring app, founded in 2012, has surpassed Byjus as the most valuable edtech company in the world.
Dance e-bike subscription service completes Series A worth $ 17.7 million, led by HV Holtzbrinck Ventures – The founders of SoundCloud started their e-bike service three months ago.
Freelance banking startup Lili raises $ 15 million – It's only been a few months since Lili announced its $ 10 million launch, and it's already raised more funds.
Advice and analysis of extra crunch
How unicorns helped venture capital get later and bigger – the third quarter of 2020 was a stellar time for how much money was stacked in the late stages versus cash available to younger startups.
Ten investors from the Zurich region on the startup prospects for Switzerland for 2020 – According to official estimates, the number of new Swiss startups has increased by 700% since 1996.
Four Quick Bites and Obituaries on Quibi (RIP 2020-2020) – What We Can Learn From Quibi's Amazing, Instantaneous Billion Dollar Failure.
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President Trump's Twitter is accessed by security experts with the password "maga2020!" – After signing up with President Trump, the researcher said he alerted Homeland Security and the password was changed.
To mark the 100th anniversary of the Theremin, Moog unveils the beautiful Claravox Centennial – With a walnut case, brass antennas and a multitude of wonderful buttons and dials, the Claravox looks like it emerged from a pre-war recording studio.
Announcing the Agenda for TC Sessions: Space 2020 – Our first special space event will take place on December 16-17.
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