April 9, 2018

Facebook's apology tour continues. It's The Daily Crunch.

THE DAILY CRUNCH
MONDAY, APRIL 9 2018 By Anthony Ha

Researchers will investigate Facebook's political impact, Uber acquires a bike-sharing startup and a Chinese AI startup raises $600 million. All that and more in The Daily Crunch for April 9, 2018.

1. Facebook teams with nonprofits to launch election research commission

While Facebook has been heavily criticized for both inadequately protecting user data and allowing misinformation to spread on the platform, its actual impact on elections remains a bit murky.

So today, the company announced it's working with scholars on peer-reviewed research that examines how social media might affect upcoming elections in the United States, Brazil, India and Mexico. Mark Zuckerberg described this as "a new model of collaboration between researchers and companies."

2. SNL roasts Mark Zuckerberg on Weekend Update

Meanwhile, Zuckerberg may have been watching uncomfortably on Saturday night, when he was portrayed by Alex Moffat — who shrieked with laughter, struggled with eye contact and rejected any notion that users should control their Facebook data.

3. Apple releases a red iPhone 8

It's got a bright red enclosure and a black front, and a portion of proceeds will fund HIV/AIDS grants from the Global Fund. Other than that, it's an iPhone 8.

4. Uber acquires bike-share startup JUMP

This comes shortly after TechCrunch reported that JUMP was in talks with Uber. We're now hearing that the acquisition price was close to $200 million.

5. Salesforce is working on a blockchain product

At this point, I'd be more surprised if the company wasn't working on a blockchain product.

6. China's SenseTime, the world's highest valued AI startup, raises $600M

The future of AI is widely acknowledged to be a war between tech firms in the U.S. and China.

7. Over 20 advocacy groups complain to FTC that YouTube is violating children's privacy law

Jeff Chester of the Center for Digital Democracy said that while YouTube claims it's aimed at users who are 13 years old and above, it "deliberately lured young people into an ad-filled digital playground."

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