European regulators have questions on a Facebook information breach, Clubhouse provides funds and a robotics firm has SPAC plans. This is your Daily Crunch for April 6, 2021.
The large story: Facebook faces questions over information breach
A knowledge breach involving private information (akin to e-mail addresses and telephone numbers) of greater than 500 million Facebook accounts got here to gentle over the weekend due to a narrative in Business Insider. Although Facebook stated the breach was associated to a vulnerability that was “found and fixed” in August 2019, the Irish Data Protection Commission — Facebook’s lead information regulator within the European Union — recommended that it’s searching for the “full facts” within the matter.
“The newly published dataset seems to comprise the original 2018 (pre-GDPR) dataset and combined with additional records, which may be from a later period,” stated deputy commissioner Graham Doyle in an announcement. “A significant number of the users are EU users. Much of the data appears to been data scraped some time ago from Facebook public profiles.”
In addition, it appears to be like like EU regulators might also look into Facebook’s acquisition of customer support firm Kustomer.
The tech giants
Apple launches an app for testing gadgets that work with ‘Find My’ — Find My Certification Asst. is designed to be used by Made for iPhone Licensees who want to check their equipment’ interoperability with Apple’s Find My community.
Google Cloud joins the FinOps Foundation — The FinOps Foundation is a comparatively new open-source basis that goals to convey collectively corporations within the “cloud financial management” house to determine finest practices and requirements.
Facebook confirms ‘test’ of Venmo-like QR codes for person-to-person funds in US — The characteristic will enable a person to scan a pal’s code with their smartphone’s digital camera to ship or request cash.
Startups, funding and enterprise capital
Clubhouse launches funds so creators can earn cash — It’s like a digital tip jar, or a Clubhouse-branded model of Venmo.
Robotic exoskeleton maker Sarcos publicizes SPAC plans — The deal might doubtlessly worth the robotic exoskeleton maker and clean examine firm at a mixed $1.three billion.
Hipmunk’s founders launch Flight Penguin to convey again Hipmunk-style flight search — I’ve missed Hipmunk.
Advice and evaluation from Extra Crunch
Giving EV batteries a second life for sustainability and revenue — Automakers and startups are eying methods to reuse batteries earlier than they’re despatched for recycling.
Will Topps’ SPAC-led debut increase the bustling NFT market? — Topps and its merchandise are common with the identical set of oldsters who’re very enthusiastic about creating uncommon digital objects on specific blockchains.
LG’s exit from the smartphone market comes as no shock — Why didn’t it occur sooner?
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Everything else
GM to construct an electrical Chevrolet Silverado pickup truck with greater than 400 miles of vary — GM is positioning the full-sized pickup for each client and business markets.
Putting Belfast on the TechCrunch map — TechCrunch’s European Cities Survey 2021 — This is the follow-up to the large survey of buyers we’ve completed during the last six or extra months, largely in capital cities.
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