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Daily Crunch: ​​In an all-cash deal, Microsoft will buy Activision Blizzard for $68.7B

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Twitter expands misinformation reporting feature to more international markets

Last August, Twitter introduced a new feature in select markets, including the U.S., that invited users to report misinformation they encountered on its platform — including things like election

Block’s Cash App adopts Lightning Network for free bitcoin payments

Late last year, Twitter CEO Jack Dorsey stepped down from his position in order to give his full attention to his other company, Square (now called Block), which had become increasingly invested in bl

Nigeria lifts ban on Twitter, says the social media giant has met conditions

The Nigerian government has lifted the suspension of Twitter operations more than six months after it first declared a crackdown on the social media giant in the country. Kashifu Inuwa Abdullahi, the

Instagram, still benefiting from TikTok’s ban in India, again became the top app by downloads in Q4

Instagram is benefiting from TikTok’s ban in India, and has now reclaimed the top spot in terms of total global downloads as of the fourth quarter of 2021. According to new data published by app

Twitter Spaces continues testing podcast-like features

Twitter has been working on Spaces Recordings, a feature that will let hosts share tweets with audio recordings of past Spaces. Now, when hosts share the recordings, they’re able to see how many

Twitter wants you to retweet with TikTok-like reaction videos

Everybody wants a little of that TikTok magic. To that end, Twitter is rolling out a new test feature that invites people to post video reactions to tweets instead of quote-tweeting the old-fashioned

TikTok tests its own version of the retweet with a new ‘Repost’ button

TikTok is testing its own version of Twitter’s retweet with the addition of a new “Repost” button that allows users to amplify videos on the platform by sharing them with their own f

Your mom owns Web 2.0

I promise that this is not all a tech elite rubber-noodle fight. The drama, instead, highlights an interesting issue that venture capital has with the web3 world.

Twitter completes sale of MoPub to AppLovin for $1.05 billion

Twitter announced today it has completed the sale of its mobile ad platform, MoPub, to the mobile game maker and marketing software provider AppLovin for $1.05 billion in cash. The deal was first anno

Equity Monday: Big Tesla numbers juice EV companies

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It’s the new year! Yes, welcome to 2022 from the Equity

Twitter bans Rep. Marjorie Taylor-Greene’s personal account over COVID-19 misinformation

Twitter has permanently suspended the personal account of Rep. Marjorie Taylor-Greene (R-GA) “for repeated violations of our COVID-19 misinformation policy,” according to the company. Her

Cheugiest tech moments of 2021

Technology has come a long way in 2021. There are widespread mRNA vaccines! An asteroid-deflecting space mission! A very powerful laptop with a very controversial notch! But it’s unfortunately e

Remembering the startups we lost in 2021

When we penned the intro for this piece last year, little did we know that — in many ways — we’d still be deep in it by the time 2021’s feature rolled around. Amid another holiday seas

Turing books $87M at a $1.1B valuation to help source, hire and manage engineers remotely

When it comes to engineering talent in the world of tech, demand continues to outpace supply, a predicament so acute that by 2030, that disparity will balloon to 85 million positions being unfilled, a

Backed by former Facebook and Twitter execs, Tagg launches social branding app for Gen Z

Gen Z isn’t satisfied with the social media they grew up with, so they’re building the apps that they want to use. A “social branding” app for creative teens and twenty-somethi

Grindr’s $7M GDPR fine is a stark warning to adtech not to track

Grindr, a hook-up app for gay, bi, trans and queer people, has been fined around $7.1 million (65 million NOK) by Norway’s data protection authority for passing user data to advertisers without

Kenyan startup Wowzi secures $3.2 million from 4DX Ventures, Andela co-founder to expand across Africa

Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing u

Twitter adds auto captions feature to make videos more accessible

Starting today, Twitter is rolling out auto-generated captions on videos. This feature will make videos more accessible for deaf and hard-of-hearing users. Auto captions will be available on web, iOS

Snap paid $250 million to creators on its TikTok clone this year

Snap announced today that it paid over $250 million to more than 12,000 creators this year on Spotlight, its TikTok clone. Unlike Snapchat’s friend-to-friend, ephemeral messaging, Spotlight allo
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