HuffPost has a new owner, Facebook says its disinformation-fighting artificial intelligence is getting smarter and claims the files will go public. This is your Daily Crunch for November 19th, 2020.
The big story: Verizon sells HuffPost to BuzzFeedVerizon Media, ProWellTech's parent company, sold HuffPost. This is part of a larger deal that also includes an investment in BuzzFeed, a content syndication deal, potential advertising collaboration, and more.
BuzzFeed co-founder and CEO Jonah Peretti was actually one of the founders of The Huffington Post in 2005. And it's been nearly a decade since AOL acquired HuffPost for $ 315 million.
"I have vivid memories of HuffPost's growth into a major news channel in its early years, but BuzzFeed is making this acquisition because we believe in HuffPost's future and the potential it has to continue to define the media landscape for years to come." Peretti said in a statement.
The tech giantsFacebook details AI's progress in capturing disinformation and hate speech - Facebook's battle against disinformation will never end at this rate, but that doesn't mean the company has given up.
Instagram renews its Threads mobile messaging app - The redesigned version of the Threads app includes updated navigation and a Status tab, as well as support for posting photos and videos in your Instagram story.
Google plans to test end-to-end encryption in Android messages - Google says it will start with one-to-one conversations, leaving the possibility of end-to-end encrypted group chats open.
Startups, financing and venture capitalSellerX raises $ 118 million to buy and grow Amazon Marketplace businesses - In some ways, that's a $ 118 million round.
Lime Expects 'Modes' Beyond Bikes and Scooters in 2021 - Lime CEO Wayne Ting hinted that a "third mode" is in the works for the first quarter of next year.
Near acquires Teemo to expand its data business in Europe: Teemo's founder and CEO, Benoit Grouchko, will become Near's chief privacy officer.
Extra Crunch Tips and AnalysisAffirm IPO Unveiling: A Look at Economy, Profits, and Revenue Concentration - Affirm is another pandemic-fueled company going public in the wake of a COVID-19 shock or its business prospects are more durable?
Is the Internet Advertising Economy About to Implode? - An interview with Tim Hwang about his new book, "Subprime Attention Crisis".
Is a new game and a $ 100 million investment enough for South Korea's PUBG to return to India? - South Korea-based PUBG Corporation announced last week that it intends to return to India, its largest user market.
(Extra Crunch is our membership program, which aims to democratize information about startups. You can sign up here.)
All the restTechnology in the Biden Era - President-elect Joe Biden may have spent eight years in an administration that adored the tech industry, but that long honeymoon (punctuated by Trump's four years) seems to be over.
'Wonder Woman 1984' will arrive on HBO Max (and in some US theaters) on December 25 - The film will debut in international theaters on December 16, and then launch in US theaters and on HBO Max on December 25.
Unicorn Fintech Affirm Has Many Eggs in One Basket - The new episode of Equity includes more reflections on Affirm's finances.
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