Myanmar’s authorities extends its web crackdown, Microsoft’s lobbying arm blacklists presidential election objectors and Dublin’s Frontline Ventures raises a brand new fund. That is your Day by day Crunch for February 5, 2021.
The large story: Myanmar blocks Twitter and Instagram
This comes after the army staged a coup in Myanmar to take energy from the civilian authorities. The brand new authorities claims that Twitter and Instagram have been being abused to unfold propaganda and misinformation, posing a risk to the nation’s stability.
Telenor Group, one of many nation’s largest telecom suppliers, mentioned in a press release that it’s “gravely involved with this growth in Myanmar” and that “freedom of expression by means of entry to communication companies needs to be maintained always, particularly throughout occasions of battle.”
The tech giants
Microsoft PAC blacklists election objectors and shifts lobbying weight towards progressive organizations — After “pausing” political giving to any politician who voted to overturn the 2020 election, Microsoft has clarified modifications to the lobbying coverage of its employee-funded PAC.
Peloton will pump $100M into delivery logistics to ease supply concerns — Peloton has introduced that it’s going to make investments greater than $100 million in air and ocean freight deliveries because of “longer-than-acceptable wait occasions for the supply of our merchandise.”
PayPal is shutting down domestic payments business in India — It’s been lower than 4 years since PayPal kickstarted native operations on the earth’s second-largest web market.
Startups, funding and enterprise capital
Dublin’s Frontline Ventures raises new $83.8M seed fund for European B2B startups — The agency is aiming to put money into as much as 45 firms over the following 4 years.
BeGreatTV to offer MasterClass-like courses taught by Black and brown innovators — The programs are designed to show of us find out how to execute and achieve a specific trade.
Why these co-founders turned their sustainability podcast into a VC-backed business — These podcast co-hosts are turning validation from listeners into the blueprint for a standalone enterprise known as Brightly.
Recommendation and evaluation from Additional Crunch
Lightspeed’s Gaurav Gupta and Grafana’s Raj Dutt discuss pitch decks, pricing and how to nail the narrative — The duo defined how they got here collectively for Grafana’s Collection A … and finally, its Collection B.
How the GameStop stonkathon helped Robinhood raise $3.4B last week — Robinhood has proven a powerful potential to lift monumental quantities of capital.
TechCrunch’s favorite companies from 500 Startups’ latest demo day — Startup picks from Alex Wilhelm and Jonathan Shieber.
(Additional Crunch is our membership program, which helps founders and startup groups get forward. You can sign up here.)
All the pieces else
House punishes Republican lawmaker who promoted violent conspiracy theories — Because the Home moved to vote on the extremely uncommon decision, Marjorie Taylor Greene claimed that her embrace of QAnon was prior to now.
‘Orwellian’ AI lie detector project challenged in EU court — This go well with highlights questions of ethics and efficacy connected to the bloc’s flagship R&D program.
Learn about the importance of accessible product design at TechCrunch Sessions: Justice — At our occasion on March 3, we’ll look at the significance of guaranteeing accessible product design from the start.
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