Published On: Wed, Dec 16th, 2020

Daily Crunch: Goodbye, Periscope

Periscope is shutting down, Samsung has skeleton for some-more foldable inclination and Airbnb sets new farrago goals. This is your Daily Crunch for Dec 15, 2020.

The large story: Goodbye, Periscope

It’s official: Twitter -owned live-streaming app Periscope is shutting down by Mar of subsequent year.

That’s not hugely surprising, both since Jane Manchun Wong speckled some app formula suggesting that a shutdown could be entrance and also since … when was a final time we suspicion about Periscope?

In an open letter, Periscope pronounced that a stream operations are “unsustainable,” and that “leaving it in a stream state isn’t doing right by a stream and former Periscope village or by Twitter.”

The tech giants

2021 binds even some-more Samsung foldables — Whether that means an additional device or something some-more suggestive stays to be seen.

AWS introduces new Chaos Engineering as a Service charity — Chaos engineering collection assistance copy worst-case scenarios. (Also, “chaos engineer” is a best pursuit pretension imaginable.)

Airbnb sets new farrago goals — By a finish of 2025, Airbnb is aiming for 20% of a U.S. workforce to include of underrepresented minorities.

Startups, appropriation and try capital

Social batch trade services Public raises $65M Series C — The startup says it has stretched a userbase by 10x this year.

Financial aid-focused Frank expands into assisting students take online classes — The association is assisting students muster their financial assist income to open digital slots during some-more than 100 colleges.

Parsec raises $25M from a16z to energy remote work and cloud gaming — Parsec started out by assisting gamers entrance their gaming PCs from other devices, though it was a healthy transition to other use cases.

Advice and research from Extra Crunch

Inside Zoox’s six-year float from antecedent to product — Unlike a rivals, Zoox is building a self-driving module stack, a on-demand ridesharing app and a car itself.

2020 was a disaster, though a pestilence put confidence in a spotlight — Many of a confidence headaches unprotected by a pestilence will dawdle into a new year.

Startup valuations have recovered from summer lows — New information shows that down rounds are failing out.

(Extra Crunch is a membership program, that aims to democratize information about startups. You can pointer adult here.)

Everything else

Among Us launches on a Nintendo Switch — Among Us only launched on a Switch after apropos a warn strike during a pandemic.

Bandcamp Fridays will continue by subsequent May — On a initial Friday of each month, a use has waved a fees, vouchsafing artists and labels reap a benefits.

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