Amazon unveils its own game-streaming platform – ProWellTech
Amazon announces a new gaming service and numerous hardware updates, tech companies join app stores, and United Airlines tests a COVID-19 rapid test program. This is your Daily Crunch for September 24, 2020.
The big story: Amazon unveils its own game streaming platform
Amazon’s competitor to Google Stadia and Microsoft xCloud it’s called Luna and it’s available starting today at an early access price of $ 5.99 per month. Subscribers will be able to play on PC, Mac and iOS, with more than 50 games in the library.
The company made the announcement at a virtual press event, where it also revealed a redesigned Echo line (with spherical speakers and swiveling screens), the latest Ring security camera, and a new low-cost Fire TV Stick Lite.
You can also check out our full summary of Amazon announcements.
The tech giants
App Makers Unite to Fight for App Store Changes with New “ Coalition for App Fairness ” – Thirteen app publishers, including Epic Games, Deezer, Basecamp, Tile, Spotify and more, have launched a coalition formalizing their efforts to force app store providers to change their policies or tackle regulation.
LinkedIn launches Stories, plus video integrations from Zoom, BlueJeans and Teams as part of a larger redesign: LinkedIn built its business around recruiting, so this redesign pushes engagement in other ways as it waits for the labor economy to pick up.
Facebook provides more details on its efforts against hate speech ahead of the Myanmar general election – This includes adding Burmese-language warning screens to report information classified as false by third-party fact-checkers.
Startups, financing and venture capital
Why is Robinhood not a verb yet? – The latest episode of Equity is about a giant funding round for Robinhood.
Twitter-backed Indian social network ShareChat Raises $ 40 Million – Following the TikTok ban in India, dozens of startups have launched short video apps, but ShareChat has clearly established a dominant position.
Spotify CEO Daniel Ek pledges $ 1 billion of his wealth to support deeptech startups from Europe: Ek has pointed to machine learning, biotechnology, materials sciences and energy as sectors he would like to invest in.
Tips and analysis from Extra Crunch
3 founders on why they pursued alternative startup ownership structures – At Disrupt, we’ve heard about alternative approaches to ensure VCs and early founders aren’t the only ones benefiting from a startup’s success.
Coinbase UX Teardown: 5 Failures and How to Fix Them – Many of these lessons, including the need to avoid the “Get Started” trap, can be applied to other digital products.
With tech stocks plummeting, is insurtech startup Root targeting an IPO? – Alex Wilhelm writes that Root’s debut could clarify Lemonade’s IPO and valuation.
(Reminder: Extra Crunch is our subscription membership program, which aims to democratize information about startups. You can register here.)
All the rest
United Airlines is making COVID-19 tests available to passengers, powered in part by Color – United is embarking on a new pilot project to see if easy access to COVID-19 tests immediately before a flight can help facilitate freedom of mobility.
Final Agenda Announcement for TC Sessions: Mobility 2020 – ProWellTech reporters and editors will interview some of the top leaders in the transportation industry.
The Daily Crunch is ProWellTech’s roundup of our biggest and most important stories. If you would like to receive this message in your inbox every day around 3pm Pacific, you can subscribe here.