The battle between Epic Games and Apple he continues, Facebook faces criticism in India and Pinterest appoints its first black board member. This is your Daily Crunch for August 17th, 2020.
The big story: Epic Games files an injunction against AppleEpic's legal and PR struggle with Apple and its App Store policies appears to be on the rise. The Fortnite maker has filed an injunction in the United States District Court, claiming that it has been informed by Apple that all of its developer accounts and access to developer tools will be terminated at the end of next week.
"[Apple] told Epic that by August 28, Apple will discontinue Epic's access to all development tools needed to build software for Apple platforms, including Unreal Engine Epic's offerings to third-party developers, which Apple has never claimed. violating any Apple policy, "attorneys said in their court filing.
Fortnite was removed from the Apple App Store (and the Google Play Store) last week after Epic introduced direct payments. At the time, Apple said it would "make every effort to work with Epic to resolve these violations."
The tech giantsFacebook faces heat in India after report on hate speech - The debate was ignited by a Wall Street Journal report claiming that Facebook's top public policy executive in India opposed the application of society's hate speech rules to a member of Indian Prime Minister Narendra Modi. party.
Pinterest Announces First Black Board Member - Pinterest has named Andrea Wishom, president of real estate firm Skywalker Holdings and former executive of Harpo Studios, to its board of directors.
Google warns users in Australia that free services are at risk if forced to share ad revenue with " big media ": Google has launched a lobbying attempt against an impending law change in Australia that will force it to share advertising revenue with local media companies.
Startups, financing and venture capitalDeepfake Reface video app just started changing selfie culture: Reface (formerly Doublicat) is an app that uses AI-based deepfake technology to allow users to try another face / form for size .
DST Global pays $ 35 million to Asian e-grocer Weee! - The delicious startup delivers groceries, such as fresh kimchi and Japanese desserts, to major cities in the United States
Amex acquires Kabbage, backed by SoftBank, after tough 2020 for SME lender - Amex acquisition will include employees, technology and financial data, but "Kabbage's pre-existing loan portfolio is not included in the purchase agreement" .
Tips and analysis from Extra CrunchFounders can raise money before launching a product - I spoke with Charles Hudson of Precursor Ventures about introducing VCs before you built a real product.
Robinhood raises an extra $ 200 million at $ 11.2 billion valuation as its revenue grows: Robinhood has already raised capital multiple times this year, including an initial round of $ 280 million at a valuation of $ 8.3 billion and a subsequent addition of $ 320 million that brought its valuation to $ 8.6 billion.
How technology can build more resilient supply chains - Coatue's Caryn Marooney recently took the leap into venture capital.
(Reminder: Extra Crunch is our membership subscription program, which aims to democratize information about startups. You can sign up here.)
All the restSpaceX will attempt to break a rocket reusability record with a launch this week: SpaceX is preparing for yet another launch of the Starlink satellites on Tuesday.
The U.S. Department of Commerce updates rules to further restrict access to Huawei's chips - The new restrictions follow a similar decree announced in May.
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