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  • Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more

    Some time ago, I gave up on the idea of identifying a thread that could connect each story in this weekly roundup. There are no unified theories for technology news.

    January 15th, 2021 08:09 PM

    Facebook blocks new events around DC and state capitols

    As a precaution against coordinated violence as the U.S. approaches President-elect Joe Biden’s inauguration, Facebook announced a few new measures it’s putting in place. In a blog post and tweets from Facebook Policy Communications Director Andy Stone, the company explained that it would block any events slated to happen near the White House, the U.S. […]

    January 15th, 2021 07:28 PM

    GitLab oversaw a $195 million secondary sale that values the company at $6 billion

    GitLab has confirmed with TechCrunch that it oversaw a $195 million secondary sale that values the company at $6 billion. CNBC broke the story earlier today. The company’s impressive valuation comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an increase of $3.25 billion in […]

    January 15th, 2021 06:40 PM

    The pandemic was top of mind in the tech of CES 2021

    Of course COVID-19 was bound to be an unavoidable topic during the first-ever all-virtual CES. After all, the topic is at front of mind regardless of the topic these days. Close to a year into the pandemic, presenters still understandably feel obligated to address the always-present elephant in the room. Sometimes it was as simple […]

    January 15th, 2021 06:23 PM

    Daily Crunch: WhatsApp responds to privacy backlash

    WhatsApp delays enforcement of a controversial privacy change, Apple may get rid of the Touch Bar in future MacBooks and Bumble files to go public. This is your Daily Crunch for January 15, 2021. The big story: WhatsApp responds to privacy backlash Earlier this month, WhatsApp sent users a notification asking them to consent to […]

    January 15th, 2021 06:07 PM

    Twitter’s decentralized future

    This week, Twitter CEO Jack Dorsey finally responded publicly to the company’s decision to ban President Trump from its platform, writing that Twitter had “faced an extraordinary and untenable circumstance” and that he did not “feel pride” about the decision. In the same thread, he took time to call out a nascent Twitter-sponsored initiative called […]

    January 15th, 2021 05:52 PM

    Marc Lore leaves Walmart a little over four years after selling Jet.com for $3B

    Marc Lore, the executive vice president, president and CEO of U.S. e-commerce for Walmart, is stepping down a little over four years after selling his e-commerce company Jet.com to the country’s largest retailer for $3 billion. Lore’s tenure at the company was a mixed bag. Walmart instituted several new technology initiatives under Lore’s tenure, but […]

    January 15th, 2021 04:44 PM

    Coinbase commits to a ‘better customer experience’ following complaints

    Coinbase has a problem. As interest in bitcoin has soared along with its price, the popular cryptocurrency exchange has found itself the target of a growing spate of angry customers who haven’t been able to access customer service. A quick look at Twitter tells the story. As one upset user of the service ranted earlier […]

    January 15th, 2021 04:06 PM
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