Facebook The dating feature expands after a regulatory delay, we review the new Amazon Echo, and President Donald Trump has a Twitter password on his nose. This is your Daily Crunch for October 22, 2020.
The Big Story: Facebook Dating Comes to EuropeIn February, Facebook had to cancel the European launch date of its dating service after failing to provide the Irish Data Protection Commission with sufficient notice of the launch. Now it appears that the regulator has given the green light to Facebook.
Facebook Dating (launched in the US last year) allows users to create a separate dating profile, identify secret chats, and go on video dating.
Regarding privacy and regulatory concerns, the committee told us: "Facebook has provided detailed clarification on the processing of personal data in the context of the Dating feature ... We will continue to monitor the product during its launch across the EU this week. ".
The tech giantsAmazon Echo Review: All-Round Sound - This year's redesign focuses on another audio update.
Facebook Adds Hosting, Purchase Features, and Pricing Levels to WhatsApp Business: Facebook is launching a way to buy and pay for goods and services in WhatsApp chats and has said it will finally start charging companies that use WhatsApp for Business.
Spotify takes to the radio with its daily morning show - The new show will combine news, pop culture, entertainment and personalized music for the listener.
Startups, financing and venture capitalChinese live tutoring app Yuanfudao is now worth $ 15.5 billion - The homework tutoring app founded in 2012 has surpassed Byju as the world's most valuable edtech company.
Dance e-bike subscription service closes $ 17.7 million Series A, led by HV Holtzbrinck Ventures - SoundCloud founders launched their e-bike service three months ago.
Freelance Banking Startup Lili Raises $ 15M - It's only been a few months since Lili announced its $ 10M seed round, and has already raised more funds.
Tips and analysis from Extra CrunchHow Unicorns Helped Venture Capital Become Later and Bigger: The third quarter of 2020 was a bumper time for how high the late stage money accumulated compared to the money available to younger startups.
Ten investors from the Zurich area on Switzerland's startup prospects for 2020 - According to official estimates, the number of new Swiss startups has skyrocketed by 700% since 1996.
Four Quick Bites and Obituaries on Quibi (RIP 2020-2020) - What We Can Learn From Quibi's Surprising, Instant, Billion Dollar Bankruptcy.
(Reminder: Extra Crunch is our membership program, which aims to democratize startup information. You can register here.)
All the restPresident Trump's Twitter accessed by a security expert who guessed the password "maga2020!" - After logging into President Trump's account, the researcher said he alerted Homeland Security and the password was changed.
For the centennial of the theremin, Moog unveils the gorgeous Claravox Centennial: with a walnut cabinet, brass antennas and a host of gorgeous knobs and dials, the Claravox looks like it came out of a pre-war recording studio.
TC Session Agenda Announcement: Space 2020 - Our first dedicated space event will take place on December 16th and 17th.
The Daily Crunch is ProWellTech's roundup of our biggest and most important stories. If you would like to receive this message in your inbox every day around 3pm Pacific, you can subscribe here.
