Technet: Daily Crunch - YouTube's TikTok rival launches in the US

Thursday, March 18, 2021

Daily Crunch - YouTube's TikTok rival launches in the US

The big story: YouTube's TikTok rival launches in the US

The YouTube Shorts product allows users to record, edit and share videos of 60 seconds or less, which can be accompanied by licensed music from a variety of industry partners. The company has been testing the feature in India while making Shorts viewable internationally — but until today, U.S. viewers couldn’t actually create short videos of their own.

Sarah Perez took an in-depth look at the Shorts experience, noting that it’s pretty similar to TikTok while lacking some key features, such as intelligent sound syncing.

The big story: YouTube's TikTok rival launches in the US image

Image Credits: Olly Curtis/Future / Getty Images

How to build big startups without Big Tech

The tech giants

Amazon begins testing its Rivian electric delivery vans in San Francisco — This makes SF the second of 16 total cities that Amazon expects to bring its Rivian-sourced EVs to in 2021.

Data shows how few Google Play developers will pay the higher 30% commission after policy change — As regular Daily Crunch readers will remember, Google recently announced that it’s cutting the commissions it charges developers on Google Play.

Twitter begins testing a way to watch YouTube videos from the home timeline on iOS — Shortly after Twitter announced it would begin testing a better way to display images on its app, it's now doing the same for YouTube videos.

Image Credits: Amazon

Startups, funding and venture capital

Substack faces backlash over the writers it supports with big advances — The startup has lured some of its most high-profile (and controversial) writers with sizable payments.

Homebrew backs Higo's effort to become the 'Venmo for B2B payments' in LatAm — Rodolfo Corcuera, Juan José Fernández and Daniel Tamayo founded the company in January 2020, recognizing that the process of paying vendors for business owners is largely "manual and cumbersome."

NFT marketplace OpenSea raises $23M from a16z — OpenSea has been one of a handful of NFT marketplaces to explode in popularity in recent weeks.

Startups, funding and venture capital image

Image Credits: Substack

Advice and analysis from Extra Crunch

MaaS transit: The business of mobility as a service — Amid declining ridership, transportation agencies find new software partners.

Three steps to ease the transition to a no-code company — Despite the many benefits, adopting a no-code platform won't suddenly turn you into a no-code company.

Snowflake gave up its dual-class shares. Should you? — The mechanism can enable founders to maintain control despite later dilution and may sometimes even grant ironclad control in perpetuity.

(Extra Crunch is our membership program, which helps founders and startup teams get ahead. You can sign up here.)

Advice and analysis from Extra Crunch image

Image Credits: Bryce Durbin

Everything else

Tech companies should oppose the new wave of anti-LGBTQ legislation — TechNet’s David Edmondson puts the spotlight on a number of states that are currently considering anti-LGBT legislation.

Talking robots with Ford — We interview Ford's Technical Expert Mario Santillo about its new robotics initiatives.

Startups, get your bug bounty crash course at Early Stage 2021 — Katie Moussouris, founder and chief executive at Luta Security, will give a crash course in bug bounty and vulnerability disclosure programs at TC Early Stage 2021.