Google commits $1B to pay publishers

Google commits $1B to pay publishers

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Google is paying some huge cash for its information licensing program, Microsoft proclaims an reasonably priced laptop computer and Fb says it will not settle for adverts casting doubts on the election. That is your Day by day Crunch for October 1, 2020.

The large story: Google commits $1B to pay publishers

Particularly, CEO Sundar Pichai stated at this time that the corporate will probably be paying $1 billion to information publishers to license their content material for a brand new format referred to as the Google Information Showcase — mainly, panels highlighting tales from companion publishers in Google Information.

Google outlined the broad strokes of this plan over the summer season, however now it is really launching, and it has signed offers with 200 publications in Germany, Brazil, Argentina, Canada, the U.Okay. and Australia.

This announcement additionally comes as Google and Fb are each going through battles in a variety of nations as regulators and publishers strain them for funds.

The tech giants

Microsoft provides the $549 Laptop computer Go to its rising Floor lineup — At $549, the Laptop computer Go is $50 greater than the Floor Go pill, nevertheless it’s nonetheless a particularly reasonably priced tackle the class.

Fb gained’t settle for adverts that ‘delegitimize’ US election outcomes — Fb stated this consists of adverts “calling a way of voting inherently fraudulent or corrupt, or utilizing remoted incidents of voter fraud to delegitimize the results of an election.”

Google now has three mid-range Pixel telephones — Brian Heater unpacks the corporate’s smartphone technique.

Startups, funding and enterprise capital

Working for social justice isn’t a ‘distraction’ for mission-focused corporations — Ardour Capital’s Eileen Burbidge weighs in on Coinbase’s controversial stance on politics.

Cazoo, the UK used automobile gross sales platform, raises one other $311M, now valued at over $2.5B — The funding comes solely six months after the corporate raised $116 million.

With $18M in new funding, Braintrust says it’s making a fairer mannequin for freelancers — The startup is utilizing a cryptocurrency token that it calls Btrust to reward customers who construct the community.

Recommendation and evaluation from Additional Crunch

Latin America’s digital transformation is making up for misplaced time — After greater than a decade of gradual progress made by suits and begins, tech in Latin America lastly hit its stride.

Information apps within the US and China use algorithms to drive engagement, discovery — We study varied gamers within the area and ask how their black containers have an effect on individuals’s content material consumption.

(Reminder: Additional Crunch is our subscription membership program, which goals to democratize details about startups. You’ll be able to enroll right here.)

The whole lot else

Part 230 will probably be on the chopping block on the subsequent large tech listening to — It seems to be like we’re in for an additional large tech CEO listening to.

What if the kernel is corrupt? — The most recent episode of Fairness discusses moderation points at Clubhouse.

The Day by day Crunch is TechCrunch’s roundup of our greatest and most essential tales. If you would like to get this delivered to your inbox on daily basis at round 3pm Pacific, you possibly can subscribe right here.

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