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Daily Crunch: Trump takes aim at social media companies

Daily Crunch: Trump takes aim at social media companies

President Trump follows via on his risk to problem the authorized protections loved by social media and web corporations, Magic Leap’s CEO is stepping down and China sees its largest autonomous driving spherical but.

Here’s your Daily Crunch for May 29, 2020.

1. Trump indicators an govt order taking direct purpose at social media corporations

Yesterday, President Donald Trump signed an govt order focusing on the authorized protect that web corporations depend on to guard them from legal responsibility for user-created content material. Next, we’ll virtually definitely see a courtroom battle over whether or not the order is authorized and enforceable.

While Trump and Attorney General William Barr have expressed curiosity in undermining Section 230 of the Communications Decency Act earlier than, this week’s motion was prompted by Twitter’s choice so as to add a fact-checking hyperlink to the president’s tweet about voting by mail. That battle isn’t going away both, with Twitter including a “public curiosity discover” to a different of Trump’s tweets for glorifying violence.

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2. Magic Leap CEO Rony Abovitz is out

Magic Leap founder and CEO Rony Abovitz introduced that the corporate has secured a brand new bout of funding — however that Magic will probably be trying a significant turnaround with out him on the helm.

3. SoftBank led $500M funding in Didi in China’s largest autonomous driving spherical

As China’s largest ride-hailing supplier with mountains of visitors information, Didi clearly has an higher hand in growing robotaxis, which may assist tackle driver shortages in the long run. But it was comparatively late to the sector.

4. Cisco to amass web monitoring resolution ThousandEyes

Cisco’s Todd Nightingale, writing in a weblog publish saying the deal, mentioned that the sort of information that ThousandEyes gives round web person expertise is extra necessary than ever as web connections have come beneath great strain.

5. Fintech rules in Latin America may gasoline development or freeze out startups

Promoteo co-founder Ximena Aleman seems to be at what affect regulation has had to date in Latin America, and what must occur to strike a stability between sector development and public belief. (Extra Crunch membership required.)

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6. Uber UK launches Work Hub for drivers to search out different gig jobs throughout COVID-19

The ride-hailing large rolled out an identical characteristic within the U.S. again in April, providing drivers the flexibility to reply to job postings from round a dozen different corporations, in addition to the flexibility to obtain orders via different Uber items: Eats, Freight and Works.

7. Join us June Three for a contact-tracing and exposure-notification app improvement and deployment discussion board

We’re working with the COVID-19 Technology Task Force, in addition to Harvard’s Berkman Klein Center, NYU’s Alliance for Public Interest Technology, Betaworks Studios and Hangar. We’ll be taking part in host to their live-streamed dialogue round contact-tracing and exposure-notification functions, together with demonstrations of a number of the cutting-edge merchandise that will probably be obtainable within the U.S. to sort out these difficult, however essential, duties.

The Daily Crunch is TechCrunch’s roundup of our largest and most necessary tales. If you’d prefer to get this delivered to your inbox day by day at round 9am Pacific, you’ll be able to subscribe right here.

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