Facebook hosts a child bride auction, Autodesk is acquiring PlanGrid and Juul is pushing back against copycats. Here's your Daily Crunch for November 21, 2018. 1. Facebook failed to stop a child bride being auctioned on its platform Vice reported on the story in detail, noting that Facebook took down the auction post — but not until after the girl had already been married off, and more than two weeks after the family first announced its intention to sell the child via Facebook. "It is really concerning because, as it was such a lucrative transaction and it attracted so much attention, we are worried that this could act as an incentive for others to follow suit," said development organization Plan International. 2. Internal Facebook memo sees outgoing VP of comms Schrage take blame for hiring Definers More Facebook drama: TechCrunch has obtained an internal memo published by Facebook's outgoing head of public policy Elliot Schrage, in which he blames himself for hiring PR firm Definers. He admits to having the company push negative narratives about competitors, but says Facebook did not ask or pay Definers to publish fake news. 3. Autodesk agrees to buy PlanGrid for $875M PlanGrid's work to move blueprints from paper to the iPad fits with Autodesk's vision to digitize design in general. 4. As the FDA moves to ban most flavored e-cigs sold in stores, Juul pushes back harder on copycats Just two months after filing a lawsuit aimed at stopping 30 entities in China from selling counterfeit Juul products on eBay, and filing a separate complaint with the United States International Trade Commission claiming that 18 organizations are infringing on Juul's many patents, Juul has filed a new patent-infringement complaint with the ITC. 5. How a small French privacy ruling could remake adtech for good The decision is being interpreted by data experts as the regulator stating that consent to process personal data cannot be gained through a framework arrangement which bundles a number of uses behind a single "I agree" button. 6. Berlin-based Wind Mobility raises $22M for its e-scooter rental service You wait all year for the Bird or Lime of Europe to appear, and then three contenders get funded at once. 7. WTF is happening to crypto? Sentiment is bleak in the crypto world, with bull runs being seen as a thing of a distant past. As regulators clamp down, pie-in-the-sky ideas crash and shady dealers take their shady dealings elsewhere, the things that made cryptocurrencies so much fun — and so dangerous — are slowly draining away. |
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