Goodbye, Periscope – TechCrunch

Twitter app code indicates that live video broadcasting app Periscope may get shut down – TechCrunch

Periscope is shutting down, Samsung has plans for extra foldable units and Airbnb units new range targets. That is your Every day Crunch for December 15, 2020.

The massive story: Goodbye, Periscope

It’s official: Twitter -owned live-streaming app Periscope is shutting down by March of subsequent yr.

That’s not vastly stunning, each as a result of Jane Manchun Wong spotted some app code suggesting {that a} shutdown might be coming and in addition as a result of … when was the final time you considered Periscope?

In an open letter, Periscope mentioned that its present operations are “unsustainable,” and that “leaving it in its present state isn’t doing proper by the present and former Periscope group or by Twitter.”

The tech giants

2021 holds even more Samsung foldables — Whether or not which means a further machine or one thing extra significant stays to be seen.

AWS introduces new Chaos Engineering as a Service offering — Chaos engineering instruments assist simulate worst-case situations. (Additionally, “chaos engineer” is one of the best job title possible.)

Airbnb sets new diversity goals — By the tip of 2025, Airbnb is aiming for 20% of its U.S. workforce to encompass underrepresented minorities.

Startups, funding and enterprise capital

Social stock trading services Public raises $65M Series C — The startup says it has expanded its userbase by 10x this yr.

Financial aid-focused Frank expands into helping students take online classes — The corporate helps college students deploy their monetary support cash to open digital slots at greater than 100 schools.

Parsec raises $25M from a16z to power remote work and cloud gaming — Parsec began out by serving to avid gamers entry their gaming PCs from different units, however it was a pure transition to different use circumstances.

Recommendation and evaluation from Further Crunch

Inside Zoox’s six-year ride from prototype to product — Not like its rivals, Zoox is growing the self-driving software program stack, the on-demand ridesharing app and the car itself.

2020 was a disaster, but the pandemic put security in the spotlight — Lots of the safety complications uncovered by the pandemic will linger into the brand new yr.

Startup valuations have recovered from summer lows — New knowledge reveals that down rounds are dying out.

(Further Crunch is our membership program, which goals to democratize details about startups. You can sign up here.)

All the things else

Among Us launches on the Nintendo Switch — Amongst Us simply launched on the Change after changing into a shock hit throughout the pandemic.

Bandcamp Fridays will continue through next May — On the primary Friday of each month, the service has waved its charges, letting artists and labels reap the advantages.

The Every day Crunch is TechCrunch’s roundup of our greatest and most vital tales. For those who’d wish to get this delivered to your inbox each day at round 3pm Pacific, you’ll be able to subscribe here.

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