The stimulus invoice contains vital adjustments to copyright legislation and enforcement, the Biden administration could should construct a presidential Twitter following from scratch and we spherical up the startups that shut down this 12 months. That is your Each day Crunch for December 22, 2020.
The massive story: Stimulus invoice will increase penalties for unlawful streaming companies
Whereas we wrote a number of tales yesterday concerning the tech implications of the brand new stimulus invoice (and highlighted it in yesterday’s Each day Crunch), extra particulars are rising — like the truth that it can make illegal streaming for profit a felony, punishable by fines or as much as 10 years of imprisonment.
The language of the invoice appears to give attention to industrial piracy companies, relatively than people or Twitch streamers — some extent that one in all its sponsors, Senator Thom Tillis, emphasised in a press release, claiming that “no particular person streamer has to fret concerning the concern of prosecution.”
On the copyright entrance, the invoice additionally creates a brand new Copyright Claims Board to deal with copyright infringement claims of as much as $30,000.
The tech giants
Google, Cisco and VMware join Microsoft to oppose NSO Group in WhatsApp spyware case — A coalition of corporations have filed an amicus temporary in assist of a authorized case introduced by WhatsApp accusing NSO Group of utilizing an undisclosed vulnerability to hack into no less than 1,400 units.
Twitter’s POTUS account will reportedly be reset to zero followers when Biden takes over — Twitter, in the meantime, says it has “been in ongoing discussions with the Biden transition group on quite a few points associated to White Home account transfers.”
Startups, funding and enterprise capital
Remembering the startups we lost in 2020 — A glance again at startups massive and small that didn’t make it via hell 12 months.
Horizon Robotics, a Chinese rival to Nvidia, seeks to raise over $700M — Horizon Robotics is a five-year-old unicorn specializing in AI chips for robots and autonomous automobiles.
Austin-based ReturnSafe raises $3.25M for its employee health management tools — Administration toolkits that monitor worker well being are piling into the market.
Recommendation and evaluation from Further Crunch
To win post-pandemic, edtech needs to start thinking big — After a loud 2020, can the sector preserve momentum?
One final $100M ARR company and the startups we want to meet in 2021 — Let’s speak about Nexthink.
With a $50B run rate in reach, can anyone stop AWS? — AWS has taken benefit of first-to-market standing to turn into probably the most profitable participant within the house.
(Further Crunch is our membership program, which goals to democratize details about startups. You can sign up here.)
All the things else
Gift Guide: TechCrunch’s Favorite Things of 2020 — Most of the podcasts, songs, motion pictures, individuals and extra that acquired us via this 12 months.
NASA opens new launchpad at Kennedy Space Center meant to serve multiple commercial launch customers — The aim of LC-48 could be very explicitly to fill “a necessity for brand new, low-cost launch methods with very quick turnaround cycles.”
The Each day Crunch is TechCrunch’s roundup of our greatest and most necessary tales. In case you’d wish to get this delivered to your inbox day by day at round 3pm Pacific, you’ll be able to subscribe here.