Saturday, February 10, 2018

Uber settles and Amazon takes on delivery. It's The Daily Crunch.

THE DAILY CRUNCH
FRIDAY, FEBRUARY 9 2018 By Darrell Etherington

Amazon is taking on FedEx and UPS, Uber settles with Waymo and Facebook tests crowdsourcing bad post identification. All that and more in The Daily Crunch for February 9, 2018.

1. Amazon starts making its move to compete with FedEx and UPS

There is no world in which this wasn't inevitable – Amazon is spinning up its own shipping service, for businesses selling on its platform at first, but with the potential to eventually cover everyone else, too.

It's news that has sent stock prices for both FedEx and UPS tumbling, though both have spoken in the past about how they're not worried all that much about this happening.

2. Facebook is testing a downvote button

Facebook already lets you express feelings about posts with emoji reactions, but now it's also offering a downvote button that could hide things they deem inappropriate. Bet that's going to be used responsibly by all, one hundred percent of the time.

3. Qualcomm turns down Broadcom offer

$121 billion isn't enough to convince Qualcomm to sell to Broadcom, apparently. It would've been the biggest deal in tech merger history, but now it's just a footnote.

4. SpaceX's Falcon Heavy carried the seed of a bold vision to space

Falcon Heavy was carrying a Tesla to space, which was well-publicized, but it was also carrying something called an 'Arch,' which is a data storage device that one day might form the basis of an intergalactic backup of all human knowledge.

5. Uber settled its Waymo lawsuit

Uber has settled the lawsuit levied against it by Waymo, regarding its acquisition of Otto and hiring of former Google self-driving car project employee and Otto co-founder Anthony Levandowski. My gut on this is that Uber didn't want to lose out on Waymo as a potential autonomous driving commercial partner, and vice versa, and both realized they weren't going to come away with much even in a victory scenario.

6. YouTube stops ads on Logan Paul's channels

YouTuber Logan Paul is a trollish idiot and the video site should just ban him outright, but cutting off his ads revenue is at least something.

7. Didi launches taxi-hailing service in Japan with SoftBank

This is how you grow in markets where you aren't already a strong presence – key partnerships. Didi could outdo Uber abroad with this approach.

Get more stories at techcrunch.com 

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