Facebook includes an individual off switch for political advertisements, T-Mobile lays off hundreds of Sprint workers and a content management platform raises $80 million.
Here’s your Daily Crunch for June 17, 2020.
1. Facebook includes choice for US users to turn off political ads, launches voting details hub
Facebook made the questionable decision not to fact-check or otherwise moderate political advertisements last year, but the new function will provide users more control over what they see– at least for those who choose to turn the brand-new setting to “off.”
Facebook isn’t the only company battling with the political implications of marketing. Google also made news by eliminating conservative site ZeroHedge from its ad platform for releasing material that “promotes hatred, intolerance, violence or discrimination based upon race,” and it provided a caution against The Federalist.
2. After merger, T-Mobile lays off numerous Sprint workers
In a teleconference on Monday, T-Mobile vice president James Kirby told numerous Sprint employees that their services were no longer needed. He decreased to answer his workers’ concerns, pointing out the “personal” nature of worker feedback, and ended the call.
3. Contentful raises $80 M Series E round for its headless CMS
Currently, 28%of the Fortune 500 utilize Contentful to handle their material throughout platforms. The business states it has a total of 2,200 paying consumers today, consisting of Spotify, ITV, the British Museum, Telus and Urban Outfitters.
4. Y Combinator’s Start-up School relaunches to be ready when you are
Like most accelerators, Y Combinator is an unique company by style.
5. As layoffs slow and churn enhances, is start-up health improving?
According to several metrics tracked by TechCrunch throughout the COVID-19 era, the fortunes of some startups appear to have bounced off lows set in March and April.
6. San Francisco DA sues DoorDash for categorizing delivery employees as independent specialists
DoorDash is facing a suit from San Francisco District Attorney Chesa Boudin for “unlawfully misclassifying staff members as independent specialists,” Boudin tweeted today. In the problem, Boudin argues DoorDash misclassified its employees and in doing so, engages in unfair labor practices.
7. Unbounce raises $384 M to develop much better landing pages with automation
Aside from a little seed round in 2011, CEO Rick Perreault said Unbounce has actually not handled any outdoors funding. Obviously it raised a big round now in order to invest in technology that can bring more automation to the process.
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