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Revolut launches early salary feature in the UK and web app - techcrunch

Revolut launches early salary feature in the UK and web app

Fintech startup Revolut has two new features this week. First, the company is launching a web app for its regular users — not just business users. Second, in the U.K., Revolut has partnered with Modulr to let you receive your salary a day early. Revolut has historically focused its efforts on its mobile app. If […]
techcrunch - 1 hour ago
Eat Just to sell lab-grown meat in Singapore after gaining “world first” regulatory approval - techcrunch

Eat Just to sell lab-grown meat in Singapore after gaining “world first” regulatory approval

Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The cell-cultured chicken will eventually be produced under Eat Just’s new GOOD Meat brand through partnerships with local manufacturers and go on sale to restaurants before it is available to consumers. No chickens were killed […]
techcrunch - 3 hours ago
Extra Crunch membership now available to readers in Israel - techcrunch

Extra Crunch membership now available to readers in Israel

We’re excited to announce that Extra Crunch memberships are now available in Israel. That adds to our existing support in: United States Canada Argentina, Brazil, Mexico UK and select European countries Australia Sign up for Extra Crunch membership here. Use the code ISRAEL122020 during checkout for an additional 25% off an annual or 2-year plan. […]
techcrunch - 4 hours ago
Apple’s MagSafe Duo charger is now available - techcrunch

Apple’s MagSafe Duo charger is now available

Back in October Apple announced the MagSafe Duo, a folding travel charger capable of charging both the iPhone and the Apple Watch simultaneously and wirelessly. In an unusual move, the company didn’t specify exactly when it’d start shipping — or even when it’d go up for sale. Some rumors suggested late December, while others were […]
techcrunch - 7 hours ago
Longtime investor and operator Adam Nash says he just launched a new fintech startup - techcrunch

Longtime investor and operator Adam Nash says he just launched a new fintech startup

Adam Nash, a Silicon Valley-born-and-bred operator and investor, is back at it again. Today, on his personal blog, he announced that he has started a consumer fintech company that has already garnered initial funding from Ribbit Capital, along with other “friends and angels” who appear to have also pitched into the round, including Box CEO […]
techcrunch - 8 hours ago
Massachusetts lawmakers vote to pass a statewide police ban on facial recognition - techcrunch

Massachusetts lawmakers vote to pass a statewide police ban on facial recognition

Massachusetts lawmakers have voted to pass a new police reform bill that will ban police departments and public agencies from using facial recognition technology across the state. The bill was passed by both the state’s House and Senate on Tuesday, a day after senior lawmakers announced an agreement that ended months of deadlock. The police […]
techcrunch - 8 hours ago
Equity Shot: Salesforce’s $27.7 billion-dollar Slack message - techcrunch

Equity Shot: Salesforce’s $27.7 billion-dollar Slack message

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Welcome to an Equity Shot all about the huge, and hugely interesting Salesforce -Slack deal, in which the enterprise social company will be subsumed for the mere price of $27.7 billion. TechCrunch has notes on the deal here, […]
techcrunch - 8 hours ago
Daily Crunch: Salesforce buys Slack for $27.7B - techcrunch

Daily Crunch: Salesforce buys Slack for $27.7B

Salesforce announces its acquisition of Slack, Amazon brings the Mac mini to the cloud and Google Maps gets a newsfeed. This is your Daily Crunch for December 1, 2020. The big story: Salesforce buys Slack for $27.7B The acquisition, which was first reported last month, is now official. “This is a match made in heaven,” […]
techcrunch - 9 hours ago
Lightspeed acquires restaurant software company Upserve for $430M - techcrunch

Lightspeed acquires restaurant software company Upserve for $430M

Lightspeed POS just announced the acquisition of Upserve, expanding Lightspeed’s presence in the restaurant industry. The company already offers cloud-based point-of-sale software for restaurants and other businesses. It went public in Canada last year before recently debuting on the New York Stock Exchange and acquiring another point-of-sale company, ShopKeep, for $440 million. The Upserve acquisition is […]
techcrunch - 10 hours ago
Elon Musk would consider having Tesla acquire a legacy automaker - techcrunch

Elon Musk would consider having Tesla acquire a legacy automaker

Elon Musk would consider leveraging Tesla’s mega $554 billion market cap to buy a legacy automaker, but only if it was on friendly terms, the billionaire entrepreneur said Tuesday in a wide-ranging interview with Axel Springer CEO Mathias Döpfner. Musk who received an award Tuesday from the media giant discussed his various interests and businesses, […]
techcrunch - 10 hours ago
Scale AI hits $3.5B valuation as its turns the AI boom into a venture bonanza - techcrunch

Scale AI hits $3.5B valuation as its turns the AI boom into a venture bonanza

Scale AI, the four-year-old data labeling startup, has discovered that selling the picks and shovels needed to develop and apply artificial intelligence is big business. The company, which created a visual data labeling platform that uses software and people to label image, text, voice and video data for companies building machine learning algorithms, has raised […]
techcrunch - 11 hours ago
Salesforce beats growth expectations, as investors digest the Slack acquisition - techcrunch

Salesforce beats growth expectations, as investors digest the Slack acquisition

Today after the bell, Salesforce reported its third-quarter earnings for its fiscal 2021, a period that ended October 31, 2020. The CRM giant reported top-line revenue of $5.42 billion, up 20% from the year-ago period. Salesforce also had net income of $1.08 billion and earnings per share of $1.15. Analysts had expected the company to […]
techcrunch - 11 hours ago
Announcing TechCrunch’s 2021 Event Calendar - techcrunch

Announcing TechCrunch’s 2021 Event Calendar

We know that you’re hard at work building the next great startup so we want to get our events on your radar early for next year. We’re excited to announce our 2021 fully virtual events line-up. Mark your calendars! TC Sessions: Justice March 3, 2021 Join us virtually while we explore inclusive hiring, access to […]
techcrunch - 11 hours ago
Salesforce buys Slack in a $27.7B megadeal - techcrunch

Salesforce buys Slack in a $27.7B megadeal

Salesforce, the CRM powerhouse that recently surpassed $20 billion in annual revenue, announced today it is wading deeper into enterprise social by acquiring Slack in a $27.7 billion megadeal. Salesforce co-founder and CEO Marc Benioff didn’t mince words on his latest purchase. “This is a match made in heaven. Together, Salesforce and Slack will shape […]
techcrunch - 11 hours ago
Elon Musk says SpaceX will attempt uncrewed Mars flight in two years, human landing in four to six - techcrunch

Elon Musk says SpaceX will attempt uncrewed Mars flight in two years, human landing in four to six

SpaceX founder and CEO Elon Musk was given an award from media giant Axel Springer on Tuesday, and he sat down to provide a wide-ranging interview that covered topics including space, Tesla, AI and even underpopulation. Musk addressed SpaceX’s Mars ambitions first, providing current timelines he’s working toward for reaching the red planet with SpaceX’s […]
techcrunch - 11 hours ago
Google Maps takes on Facebook with launch of its own news feed - techcrunch

Google Maps takes on Facebook with launch of its own news feed

People are getting frustrated that Stories are everywhere now, but Google Maps is keeping it old school. Instead of adding tiny circles to the top of the app’s screen, Google Maps is introducing its own news feed. Technically, Google calls its new feature the “Community Feed,” as it includes posts from a local area. However, […]
techcrunch - 11 hours ago
Ivanti has acquired security firms MobileIron and Pulse Secure - techcrunch

Ivanti has acquired security firms MobileIron and Pulse Secure

IT security software company Ivanti has acquired two security companies: enterprise mobile security firm MobileIron, and corporate virtual network provider Pulse Secure. In a statement on Tuesday, Ivanti said it bought MobileIron for $872 million in stock, with 91% of the shareholders voting in favor of the deal; and acquired Pulse Secure from its parent […]
techcrunch - 12 hours ago
Bottom-up SaaS: A framework for mapping pricing to customer value - techcrunch

Bottom-up SaaS: A framework for mapping pricing to customer value

Competitive advantage will go to the players who understand what truly motivates their customers and connect their pricing to that engine.
techcrunch - 12 hours ago
AWS announces Panorama a device adds machine learning technology to any camera - techcrunch

AWS announces Panorama a device adds machine learning technology to any camera

AWS has launched a new hardware device, the AWS Panorama Appliance, which, alongside the AWS Panorama SDK, will transform existing on-premises cameras into computer vision enabled super-powered surveillance devices. Pitching the hardware as a new way for customers to inspect parts on manufacturing lines, ensure that safety protocols are being followed, or analyze traffic in retail […]
techcrunch - 13 hours ago
Amazon announces a bunch of products aimed at industrial sector - techcrunch

Amazon announces a bunch of products aimed at industrial sector

One of the areas that is often left behind when it comes to cloud computing is the industrial sector. That’s because these facilities often have older equipment or proprietary systems that aren’t well suited to the cloud. Amazon wants to change that, and today the company announced a slew of new services at AWS re:Invent […]
techcrunch - 13 hours ago
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techcrunch
Representatives propose bill limiting Presidential internet ‘kill switch’

Representatives propose bill limiting Presidential internet ‘kill switch’

techcrunch - 1 month ago

A pair of U.S. Representatives one from each party are proposing a law that would limit the President’s ability to shut down the internet at will. That may not strike you as an imminent threat, but federal police disappearing protestors into unmarked vans probably didn’t either, until a couple months ago. Let’s keep an open mind.

The President has the power under the Communications Act’s Section 706 to order the shutdown of some communications infrastructure in an emergency. While this was likely intended more for making sure official phonecalls could get through in a national emergency, it’s possible that today it could be used as a measure to tamp down on protests and civil unrest, as we’ve seen in authoritarian regimes around the world.

The Preventing Unwarranted Communications Shutdowns Act, from Rep. Anna Eshoo (D-CA) and Rep. Morgan Griffith (R-VA), doesn’t remove this ability, but adds several layers of accountability to it.

In the first place, the bill would limit Section 706 use to when there is an “imminent and specific threat to human life or national security.” This prevents it from being put into play when there is a more general “threat” such as a major protest that might be too much for local police to handle.

The bill would also require the President to inform the top layer of government officials, including opposition leaders, of any shutdown. Ideally before, but it could be up to 12 hours later (and is illegal if not by then). Any shutdown ends automatically after 48 hours unless 3/5 of Congress vote to continue it.

The U.S. government would also be obligated to compensate providers and customers for the monetary value of the shutdown’s impact. This could end up being quite expensive depending on how it’s calculated.

Lastly, a General Accountability Office report is required after every use of Section 706, and they get to the bottom of everything.

Whether this bill has any chance of becoming law is, like practically everything these days, anyone’s guess. But bipartisan laws limiting potential curtailments of civil rights by the White House are probably going to be fairly popular after the feds’ shenanigans over the summer.

At the very least it has some heavy hitters offering glowing blurbs:

FCC Commissioner Jessica Rosenworcel: “In the United States our laws are dated and they offer virtually unchecked power to the president over our wired and wireless communications when we face peril or national emergency. So kudos to Congresswoman Eshoo for legislation to modernize our laws and put in place safeguards to ensure that the internet stays on when we need it most.”

Former Secretary of Homeland Security Michael Chertoff: “A long overdue check and balance on a Presidents authority to shut down or significantly curtail internet communication under the guise of an emergency.”

Former FCC Chairman Tom Wheeler: “in a time of emergency, how the internet operates is in the hands of one person. Defining that authority in a focused manner and adding congressional oversight would bring an old statute into the digital age.”

Cybersecurity mainstay Bruce Schneier: “The Internet is critical infrastructure, and needs to be protected from politically motivated shut-downs. This bill helps ensures that the communications censorship that is increasingly common in other countries doesn’t happen in the US. It adds process, and checks and balances, to what is currently an ad hoc authority.”

You can read more about the bill and read the full text here.

sauce: techcrunch
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