We take an in-depth take a look at TikTok utilization in Russia, Facebook’s Oversight Board appears past Facebook and Sesame Workshop backs an edtech fund. This is your Daily Crunch for February 11, 2021.
The large story: TikTok turns into a political battleground in Russia
Russia has a small however fast-growing and vocal group of TikTok customers. And whereas exercise has been largely apolitical previously, a battle seems to be brewing between the federal government and younger activists who assist the anti-corruption, anti-Putin politician Alexei Navalny.
“Before Navalny’s return, Russian TikTok was all about dancing, pranks and post-Soviet trash aesthetics,” stated meals blogger Egor Khodasevich. “All of a sudden, political movies have began to seem throughout all classes — humor, magnificence, sport.”
The tech giants
Facebook Oversight Board says different social networks ‘welcome to hitch’ if undertaking succeeds — The Facebook Oversight Board has solely been operational for a short while, however the nascent undertaking is already trying forward.
Apple launches a brand new AR expertise tied to ‘For All Mankind’ — Even for these of you who aren’t followers of the Apple TV+ present, the app remains to be noteworthy as one other signal of Apple’s curiosity in AR.
Startups, funding and enterprise capital
Robinhood’s ache is Public’s achieve as VCs rush to provide it extra money — The San Francisco-based fintech goals to provide individuals the flexibility to put money into corporations utilizing any amount of cash, with a concentrate on neighborhood exercise over energetic buying and selling.
Goldman Sachs and Sesame Workshop pour cash into this edtech agency’s latest fund — Reach Capital III is a $165 million funding car.
Reduct.Video raises $4M to simplify video enhancing — The startup’s expertise is already utilized by prospects together with Intuit, Autodesk, Facebook, Dell, Spotify, Indeed, Superhuman and IDEO.
Advice and evaluation from Extra Crunch
As extra insurtech choices loom, CEO Dan Preston discusses Metromile’s SPAC-led debut — Metromile started buying and selling as a public firm yesterday.
Commercializing deep tech startups: A sensible information for founders and traders — Deep tech startups undergo a special evolution cycle than a typical B2B or B2C firm.
(Extra Crunch is our membership program, which helps founders and startup groups get forward. You can enroll right here.)
Racial disparity in Chicago cops’ use of pressure laid naked in new information — This uncommon apples-to-apples comparability helps the concept bettering variety in regulation enforcement might also enhance the standard of policing.
A webcam app left 1000’s of consumer accounts uncovered on-line — The database in query belonged to Adorcam, an app for viewing and controlling a number of webcam fashions.
Top 100 subscription apps grew 34% to $13B in 2020, share of complete spend remained the identical — A rising a part of app spend took the type of subscription funds final yr, in keeping with a brand new report from Sensor Tower.
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