US Drops Digital Tax Demand, Opening Door To Global Deal
The U.S. has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet's Google and Facebook, lifting a barrier that had raised transatlantic trade tensions and prevented an international deal. From a report: Treasury Secretary Janet Yellen told her counterparts at a virtual meeting of Group of 20 finance officials that the U.S. is no longer calling for a so-called safe harbor rule that would allow U.S. companies to opt out of paying such a tax overseas,
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Apple Forced To Add iPhone and MacBook Repairability Scores To Comply With French Law
Apple has added iPhone and MacBook repairability scores to its online store in France to comply with a new French law that came into effect this year. From a report: MacGeneration reports that the rating takes into account features like how easily a device can be disassembled and the availability of repair manuals and spare parts. Links to each product's final score, with details for how they were calculated, are available on this support page. The ratings for Apple's products vary between produ
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Apple Mail and Hidden Tracking Images
John Gruber, writing at DaringFireball: In my piece yesterday about email tracking images ("spy pixels" or "spy trackers"), I complained about the fact that Apple -- a company that rightfully prides itself for its numerous features protecting user privacy -- offers no built-in defenses for email tracking. A slew of readers wrote to argue that Apple Mail does offer such a feature: the option not to load any remote resources at all. It's a setting for Mail on both Mac and iOS, and I know about it
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FCC Approves $50 Monthly Internet Subsidies for Low-Income Households During Pandemic
The Federal Communications Commission has approved final rules for a new broadband subsidy program that could help struggling families pay for internet service during the pandemic. From a report: The agency's $3.2 billion Emergency Broadband Benefit Program provides eligible low-income households with up to a $50 per month credit on their internet bills through their provider until the end of the pandemic. In tribal areas, eligible households may receive up to $75 per month. The program also pro
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Best Buy Lays Off 5,000 Workers, Will Close More Stores
Best Buy said it laid off 5,000 workers this month and is planning to close more stores this year as more consumers buy electronics online. From a report: The news comes at a time when big chains face growing competition from Amazon and other sites that sell items like TVs and laptops. Fry's Electronics said Wednesday that it would abruptly close all of its stores overnight, ending nearly four-decades in business. Best Buy expects 40% of its sales to come from online purchases this year, up from
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Stanford Researchers Identify Four Causes For 'Zoom Fatigue' and Their Simple Fixes
In the first peer-reviewed article that systematically deconstructs Zoom fatigue from a psychological perspective, published in the journal Technology, Mind and Behavior on Feb. 23, Professor Jeremy Bailenson, founding director of the Stanford Virtual Human Interaction Lab (VHIL), has taken the medium apart and assessed Zoom on its individual technical aspects. He has identified four consequences of prolonged video chats that he says contribute to the feeling commonly known as "Zoom fatigue." Be
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US Says Saudi Prince Approved Journalist Khashoggi Killing
A US intelligence report has found that Saudi Crown Prince Mohammed bin Salman approved the murder of exiled journalist Jamal Khashoggi in 2018. BBC: The declassified report released by the Biden administration says the prince approved a plan to either capture or kill the US-based Saudi exile. It is the first time America has publicly named the crown prince, who denies ordering the death. Khashoggi was murdered while visiting the Saudi consulate in Istanbul. He had been known for his criticism o
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Astra awarded NASA launch contract for storm observation satellites
Astra, the Alameda-based space launch startup that recently announced its intent to go public via a SPAC merger, has secured a contract to deliver six cube satellites to space on behalf of NASA. Astra stands to be paid $7.95 million by the agency for fulfilment of the contract. This will be a key test of […]
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FBI Confirms Report of 'Long, Cylindrical' UFO 'Moving Really Fast' Over New Mex
An anonymous reader shares a PopularMechanics report: An American Airlines flight crew encountered an unidentified flying object over New Mexico on February 21. American Airlines has confirmed the strange incident, during which a "long, cylindrical object that almost looked like a cruise missile" zipped over the Airbus A320, according to a pilot's transmission obtained by The War Zone. American Airlines Flight 2292 was en route from Cincinnati to Phoenix on Sunday afternoon when it came into con
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Salesforce delivers, Wall Street doubts as stock falls 6.3% post-earnings
Wall Street investors can be fickle beasts. Take Salesforce as an example. The CRM giant announced a $5.82 billion quarter when it reported earnings yesterday. Revenue was up 20% year over year. The company also reported $21.25 billion in total revenue for the just-closed FY2021, up 24% YoY. If that wasn’t enough, it raised its […]
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Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000
In the 10 years since Chris Torres created Nyan Cat, an animated flying cat with a Pop-Tart body leaving a rainbow trail, the meme has been viewed and shared across the web hundreds of millions of times. On Thursday, he put a one-of-a-kind version of it up for sale on Foundation, a website for buying and selling digital goods. In the final hour of the auction, there was a bidding war. Nyan Cat was sold to a user identified only by a cryptocurrency wallet number. The price? Roughly $580,000. From
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Biden Lifts Trump-Era Ban Blocking Legal Immigration To US
President Joe Biden has lifted a freeze on green cards issued by his predecessor during the pandemic that lawyers said was blocking most legal immigration to the United States. From a report: Former President Donald Trump last spring halted the issuance of green cards until the end of 2020 in the name of protecting the coronavirus-wracked job market -- a reason that Trump gave to achieve many of the cuts to legal immigration that had eluded him before the pandemic. Trump on Dec. 31 extended thos
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Plastic Bottles Holding 2.3 Litres Are Least Harmful To the Planet
Using plastic bottles that contain the most liquid for the lowest packaging weight could help reduce plastic waste. From a report: Plastic pollution is a huge problem for the world, with much plastic waste reaching the oceans where it can affect marine life. In recognition of this, many researchers are developing strategies to tackle the plastic waste problem. Now, Rafael Becerril-Arreola at the University of South Carolina and his colleagues have come up with a relatively simple method to make
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Sergey Brin's Airship Aims To Use World's Biggest Mobile Hydrogen Fuel Cell
Sergey Brin's secretive airship company LTA Research and Exploration is planning to power a huge disaster relief airship with an equally record-breaking hydrogen fuel cell. From a report: A job listing from the company, which is based in Mountain View, California and Akron, Ohio, reveals that LTA wants to configure a 1.5-megawatt hydrogen propulsion system for an airship to deliver humanitarian aid and revolutionize transportation. While there are no specs tied to the job listing, such a system
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How to ace the 1-hour, and ever-elusive, pitch presentation at TC Early Stage
Lisa Wu, a partner at Norwest with investments like Calm, Plaid, Opendoor and Grove Collaborative, has a message for founders: Think like a VC during your pitch presentation. After all, accepting capital isn’t simply adding more money to your balance sheet. It is about picking a venture partner who will be there with you through […]
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Coinbase Says Entire Crypto Market Could Destabilize if Bitcoin's Creator is Ever Revealed or Sells Their $30 Billion Stake
Coinbase on Thursday released documents for its public debut on the Nasdaq stock exchange via a direct listing. In the filing, the digital trading platform cited as a risk factor Bitcoin's creator, Satoshi Nakamoto -- the pseudonym used by the person or group of people who created bitcoin. From a report: If the identity of the creator was revealed, it could cause bitcoin prices to deteriorate, according to the filing. The filing also referenced Nakamoto's personal stash of bitcoins, which totals
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First Boulevard raises $5M for its digital bank aimed at Black America
The murder of George Floyd last May ignited many things in the United States last year — one of which that was perhaps unexpected: a rise in the number of digital banks targeting the Black community. Some members of the Black community took their belief that big banks are not meeting their needs and turned […]
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Jamaica's JamCOVID pulled offline after third security lapse exposed travelers' data
Jamaica’s JamCOVID app and website were taken offline late on Thursday following a third security lapse, which exposed quarantine orders on more than half a million travelers to the island. JamCOVID was set up last year to help the government process travelers arriving on the island. Quarantine orders are issued by the Jamaican Ministry of […]
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TechCrunch Early Stage is the startup bootcamp you've always needed
Wondering how to nail that virtual pitch meeting and raise VC funding? Or how to build a high-octane sales team? What about recruiting early team members that will fuel future growth? Managing the finances of a new company while also wondering about your own personal finances as a founder? Legal? Marketing? PR? Being a great […]
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Nikola Stops Work on Electric Watercraft and ATV Projects
Zero-emission trucking company Nikola has shuttered its so-called Powersports division and is pausing work on an electric personal watercraft and off-road vehicle first announced in April 2019. From a report: Nikola stopped work on the projects as part of a larger push to focus on getting its first hydrogen-powered truck out the door, following a number of stumbles in 2020. "We still own the NZT and WAV rights and have put the projects on pause. We may consider moving forward with them at a late
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Smart TVs Running Google TV Will Have a 'Basic' Option
An anonymous reader shares a report: If you go out and purchase a new TV today, it's going to have smart TV features allowing access to streaming services and the internet. However, if that new TV is running on the Google TV platform, it's possible to easily disable all the smart features during setup. The option to make your TV dumb was spotted by 9To5Google. During the setup of a TV running Google's smart TV platform, multiple features are offered including the ability to run apps, receive con
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Relativity Space unveils plans for a new, much larger and fully reusable rocket
Relativity Space has just revealed what comes after Terran 1, the small launch vehicle it hopes to begin flying later this year. It’s next rocket will be Terran R, a much larger orbital rocket with around 20x the cargo capacity of Terran 1, that will also be distinguished from its smaller, disposable sibling by being […]
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Daily Crunch: Facebook launches rap app
Facebook unveils another experimental app, Atlassian acquires a data visualization startup and Newsela becomes a unicorn. This is your Daily Crunch for February 26, 2021. The big story: Facebook launches rap app The new BARS app was created by NPE Team (Facebook’s internal R&D group), allowing rappers to select from professionally created beats, and then […]
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Newness raises $3.5 million for its 'Twitch for beauty streamers'
Newness, a startup co-founded by former Twitch employees, has raised $3.5 million in a Sequoia-led seed round for its live-streaming platform aimed at beauty creators and their fan communities. Though today’s creators are not without options when it comes to livestreaming — Twitch, YouTube, TikTok, Instagram and Facebook are all popular choices — Newness is […]
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Tim Hortons marks two years in China with Tencent investment
Tim Hortons, the Canadian coffee and doughnut giant, has raised a new round of funding for its Chinese venture. The investment is led by Sequoia China with participation from Tencent, its digital partner in China, and Eastern Bell Capital. The round comes two years after Tim Hortons made its foray into China’s booming coffee industry. […]
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Why are we still dating LinkedIn in 2021?
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines. were all here to chat through the week's biggest tech happenings. Before we get into this week’s show, make sure to check out all the news here about how Equity is expanding, and becoming even more of […]
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Hear from Black Female Founders, Latinx founders, Startout and Socos Labs next week at TC Sessions: Justice 2021
We're less than a week away from TC Sessions: Justice 2021, a deep, day-long exploration of diversity, inclusion and equity in tech. On Wednesday, March 3, leading experts, founders, social justice warriors will discuss topics ranging from systemic bias, essential workers' rights and formerly incarcerated people to accountability in social media and funding for underrepresented […]
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Atlassian is acquiring Chartio to bring data visualization to the platform
The Atlassian platform is chock full of data about how a company operates and communicates. Atlassian launched a machine learning layer, which relies on data on the platform with the addition of Atlassian Smarts last fall. Today the company announced it was acquiring Chartio to add a new data analysis and visualization component to the […]
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Aurora acquires a second lidar company in push to bring self-driving trucks to the road
Aurora, the autonomous vehicle company that recently closed its acquisition of Uber's self-driving subsidiary, has snapped up another startup. This time, Aurora is buying OURS Technology, the second lidar startup it has acquired in less than two years. Aurora acquired Blackmore, a Montana-based lidar startup in May 2019. Aurora declined to disclose the acquisition price […]
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Valve Has To Provide Some Steam Sales Data To Apple, Judge Says
A US magistrate judge has ordered Valve to provide sales data to Apple in response to a subpoena issued amid Apple's continuing legal fight with Epic Games. From a report: In addition to some aggregate sales data for the entirety of Steam, Valve will only have to provide specific, per-title pricing and sales data for "436 specific apps that are available on both Steam and the Epic Games Store," according to the order. That's a significant decrease from the 30,000+ titles Apple for which Apple or
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MyHeritage now lets you animate old family photos using deepfakery
AI-enabled synthetic media is being used as a tool for manipulating real emotions and capturing user data by genealogy service MyHeritage, which has just launched a new feature — called “deep nostalgia” — that lets users upload a photo of a person (or several people) to see individual faces animated by algorithm. The Black Mirror-style […]
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Yelp puts trust and safety in the spotlight
Yelp released its very first trust and safety report this week, with the goal of explaining the work that it does to crack down on fraudulent and otherwise inaccurate or unhelpful content. With its focus on local business reviews and information, you might think Yelp would be relatively free of the misinformation that other social […]
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Only a few hours left to buy early-bird passes to TC Early Stage 2021
By now you probably know that we're hosting two TC Early Stage events this year — one on April 1-2 and another on July 8-9 — each with its own set of topics, speakers and content — both designed to help nascent startup founders build a better, more successful business. What you may not know […]
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Google Pledges Changes To Research Oversight After Internal Revolt
Alphabet's Google will change procedures before July for reviewing its scientists' work, according to a town hall recording heard by Reuters, part of an effort to quell internal tumult over the integrity of its artificial intelligence (AI) research. From a report: In remarks at a staff meeting last Friday, Google Research executives said they were working to regain trust after the company ousted two prominent women and rejected their work, according to an hour-long recording, the content of whic
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