Facebook faces questions over information breach – TechCrunch

by akoloy

European regulators have questions on a Facebook information breach, Clubhouse provides funds and a robotics firm has SPAC plans. This is your Daily Crunch for April 6, 2021.

The large story: Facebook faces questions over information breach

An information breach involving private information (resembling e mail addresses and telephone numbers) of greater than 500 million Facebook accounts got here to gentle over the weekend because of a narrative in Business Insider. Although Facebook mentioned the breach was associated to a vulnerability that was “found and fixed” in August 2019, the Irish Data Protection Commission — Facebook’s lead information regulator within the European Union — suggested that it’s seeking the “full facts” in the matter.

“The newly published dataset seems to comprise the original 2018 (pre-GDPR) dataset and combined with additional records, which may be from a later period,” mentioned deputy commissioner Graham Doyle in a press release. “A significant number of the users are EU users. Much of the data appears to been data scraped some time ago from Facebook public profiles.”

In addition, it seems like EU regulators might also look into Facebook’s acquisition of customer service company Kustomer.

The tech giants

Apple launches an app for testing devices that work with ‘Find My’ — Find My Certification Asst. is designed to be used by Made for iPhone Licensees who want to check their equipment’ interoperability with Apple’s Find My community.

Google Cloud joins the FinOps Foundation — The FinOps Foundation is a comparatively new open-source basis that goals to carry collectively corporations within the “cloud financial management” area to determine greatest practices and requirements.

Facebook confirms ‘test’ of Venmo-like QR codes for person-to-person payments in US — The function will permit a person to scan a good friend’s code with their smartphone’s digital camera to ship or request cash.

Startups, funding and enterprise capital

Clubhouse launches payments so creators can make money — It’s like a digital tip jar, or a Clubhouse-branded model of Venmo.

Robotic exoskeleton maker Sarcos announces SPAC plans — The deal may probably worth the robotic exoskeleton maker and clean verify firm at a mixed $1.3 billion.

Hipmunk’s founders launch Flight Penguin to bring back Hipmunk-style flight search — I’ve missed Hipmunk.

Advice and evaluation from Extra Crunch

Giving EV batteries a second life for sustainability and profit — Automakers and startups are eying methods to reuse batteries earlier than they’re despatched for recycling.

Will Topps’ SPAC-led debut expand the bustling NFT market? — Topps and its merchandise are widespread with the identical set of oldsters who’re very enthusiastic about creating uncommon digital gadgets on explicit blockchains.

LG’s exit from the smartphone market comes as no surprise — Why didn’t it occur sooner?

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

Everything else

GM to build an electric Chevrolet Silverado pickup truck with more than 400 miles of range — GM is positioning the full-sized pickup for each shopper and industrial markets.

Putting Belfast on the TechCrunch map — TechCrunch’s European Cities Survey 2021 — This is the follow-up to the large survey of traders we’ve achieved during the last six or extra months, largely in capital cities.

The Daily Crunch is TechCrunch’s roundup of our largest and most necessary tales. If you’d prefer to get this delivered to your inbox daily at round 3pm Pacific, you possibly can subscribe here.

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