Fb faces questions over information breach – TechCrunch

Facebook’s EU-US data transfers face their final countdown – TechCrunch

European regulators have questions on a Fb information breach, Clubhouse provides funds and a robotics firm has SPAC plans. That is your Every day Crunch for April 6, 2021.

The large story: Fb faces questions over information breach

An information breach involving private information (reminiscent of e mail addresses and telephone numbers) of greater than 500 million Fb accounts got here to mild over the weekend due to a narrative in Business Insider. Though Fb mentioned the breach was associated to a vulnerability that was “discovered and glued” in August 2019, the Irish Information Safety Fee — Fb’s lead information regulator within the European Union — suggested that it’s seeking the “full facts” in the matter.

“The newly printed dataset appears to comprise the unique 2018 (pre-GDPR) dataset and mixed with extra data, which can be from a later interval,” mentioned deputy commissioner Graham Doyle in an announcement. “A big variety of the customers are EU customers. A lot of the information seems to been information scraped a while in the past from Fb public profiles.”

As well as, it appears like EU regulators may look into Facebook’s acquisition of customer service company Kustomer.

The tech giants

Apple launches an app for testing devices that work with ‘Find My’ — Discover My Certification Asst. is designed to be used by Made for iPhone Licensees who want to check their equipment’ interoperability with Apple’s Discover My community.

Google Cloud joins the FinOps Foundation — The FinOps Basis is a comparatively new open-source basis that goals to carry collectively firms within the “cloud monetary administration” area to ascertain finest practices and requirements.

Facebook confirms ‘test’ of Venmo-like QR codes for person-to-person payments in US — The characteristic will permit a person to scan a buddy’s code with their smartphone’s digicam to ship or request cash.

Startups, funding and enterprise capital

Clubhouse launches payments so creators can make money — It’s like a digital tip jar, or a Clubhouse-branded model of Venmo.

Robotic exoskeleton maker Sarcos announces SPAC plans — The deal might doubtlessly worth the robotic exoskeleton maker and clean examine firm at a mixed $1.3 billion.

Hipmunk’s founders launch Flight Penguin to bring back Hipmunk-style flight search — I’ve missed Hipmunk.

Recommendation and evaluation from Additional Crunch

Giving EV batteries a second life for sustainability and profit — Automakers and startups are eying methods to reuse batteries earlier than they’re despatched for recycling.

Will Topps’ SPAC-led debut expand the bustling NFT market? — Topps and its merchandise are standard with the identical set of parents who’re very enthusiastic about creating uncommon digital objects on specific blockchains.

LG’s exit from the smartphone market comes as no surprise — Why didn’t it occur sooner?

(Additional Crunch is our membership program, which helps founders and startup groups get forward. You can sign up here.)

The whole lot else

GM to build an electric Chevrolet Silverado pickup truck with more than 400 miles of range — GM is positioning the full-sized pickup for each client and business markets.

Putting Belfast on the TechCrunch map — TechCrunch’s European Cities Survey 2021 — That is the follow-up to the large survey of traders we’ve completed during the last six or extra months, largely in capital cities.

The Every day Crunch is TechCrunch’s roundup of our largest and most essential tales. For those who’d wish to get this delivered to your inbox on daily basis at round 3pm Pacific, you may subscribe here.

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