Lyft debuts on Nasdaq

THE DAILY CRUNCH FRIDAY, MARCH 29 2019 By Anthony Ha We keep an eye on Lyft's IPO, dig into details about the Apple Card and recap Huawei's end-of-year financials. Here's your Daily Crunch for March 29, 2019. 1. Lyft prices IPO at top of range Lyft raised more than $2 billion Thursday afternoon after pricing its shares at $72 apiece, the top of the expected range of $70 to $72 per share. This gives Lyft a fully diluted market value of $24 billion. The company is debuting on the Nasdaq stock exchange today, trading under the ticker symbol "LYFT." 2. How Apple Card works Overall, the Apple Card has some relatively unique and interesting takes on data transparency for users, who are getting what appears to be an information-rich — but easy to interpret — interface, along with a solid set of security features. Sponsored By: Acquia Next Stop: Digital Freedom The MTA is now using the same content management system that powers its website to push content and data to 1,800 digital signs in more than 400 stations in New York City. Learn More… 3. Huawei books $8.8B profit for 2018 as consumer devices become top moneymaker Despite an ongoing tussle with the U.S. government, signs look positive for Huawei. The Chinese firm just released its end of year report for 2018 and profit is up 25 percent to 59.3 billion CNY, or $8.84 billion, thanks to its fast-growing smartphone and devices business. 4. Daimler Trucks buys a majority stake in self-driving tech company Torc Robotics The companies said that the partnership will see Torc working with Daimler Trucks' developers to move into the trucking market, while maintaining the Torc name, team and facilities. 5. Facebook launches searchable transparency library of all active ads Facebook's Ads Archive that launched in May 2018 previously only included ads related to politics or policy issues, but now shows all active ads about anything. 6. Sinemia says canceled accounts are defense against subscriber misuse A new statement says the company conducted "a detailed fraud and misuse detection analysis earlier this month," and has removed around 3 percent of accounts due to "misuse or fraudulent activity" since the beginning of March. 7. Snap CEO's sister Caroline Spiegel starts a no-visuals porn site The 22-year-old college senior tells TechCrunch that on April 13th she'll launch Quinn, which she describes as "a much less gross, more fun Pornhub for women." Get more stories at techcrunch.com  Newest Jobs From CrunchBoard: Sr. Linux Administrator (HPC/DEV OPS) at Genentech (South San Francisco, CA, USA) Software Developer (Java) - Court Innovations at Court Innovations (Ann Arbor, MI, USA) Java Software Engineer at Digital OnUs Inc. (Ottawa, ON, Canada) Software Developer at Quorum (Washington, DC, USA) Computer vision engineer at Sticker Mule (Anywhere) SEE MORE JOBS ON CRUNCHBOARD Post your tech jobs and reach millions of TechCrunch readers for only $200 per month View this email online in your browser Privacy Policy | Terms of Service | Unsubscribe © 2019 Oath Tech Network. All rights reserved. 410 Townsend Street, San Francisco, CA 94107

                                                           

Facebook faces discrimination charges

THE DAILY CRUNCH THURSDAY, MARCH 28 2019 By Anthony Ha Facebook faces charges of housing discrimination, Apple comments on those ongoing MacBook keyboard problems and Palantir wins a big military contract. Here's your Daily Crunch for March 28, 2019. 1. HUD hits Facebook with housing discrimination charges over ad targeting The U.S. Department of Housing and Urban Development this morning hit Facebook with charges of housing discrimination. The filing states that Facebook has violated the Fair Housing Act through its ad-targeting tools, which allow sellers to limit listings based on categories like race, sex and nation of origin. In a statement offered to TechCrunch, Facebook said it was "surprised" by the decision. A spokesperson for the company went on to discuss "significant steps" taken to address the discrimination detailed in HUD's filing. 2. Apple 'sorry' for latest MacBook keyboard woes It's kind of an apology. "We are aware that a small number of users are having issues with their third-generation butterfly keyboard and for that we are sorry. The vast majority of Mac notebook customers are having a positive experience with the new keyboard." 3. Palantir wins $800M contract to build the US Army's next battlefield software system The Washington Post reports that the Silicon Valley data analytics company was tapped over traditional defense contractor Raytheon on the project, which tasks Palantir with delivering a comprehensive combat intelligence hardware and software suite to replace the Army's outdated system. 4. Microsoft gives 500 patents to startups Microsoft announced a major expansion of its Azure IP Advantage program, which provides its Azure users with protection against patent trolls. Even more interesting, Microsoft is also donating 500 patents to startups in the LOT Network. 5. Kong raises $43M Series C for its API platform One area the company plans to especially focus on is security — in addition to its existing management tools, where Kong also plans to add more machine learning capabilities over time. 6. Spotify is testing Premium Duo for €12.49 per month This subscription tier is designed for couples, roommates and all combinations of two persons who live under the same roof. It is a bit more expensive than a Premium account and a bit less expensive than a Family account. 7. Netflix is still too cheap Scaleworks co-founder Ed Byrne argues that Netflix could probably be cash-flow profitable without reducing investment in content by implementing some pricing model changes. Get more stories at techcrunch.com  Newest Jobs From CrunchBoard: Sr. Linux Administrator (HPC/DEV OPS) at Genentech (South San Francisco, CA, USA) Software Developer (Java) - Court Innovations at Court Innovations (Ann Arbor, MI, USA) Java Software Engineer at Digital OnUs Inc. (Ottawa, ON, Canada) Software Developer at Quorum (Washington, DC, USA) Computer vision engineer at Sticker Mule (Anywhere) SEE MORE JOBS ON CRUNCHBOARD Post your tech jobs and reach millions of TechCrunch readers for only $200 per month View this email online in your browser Privacy Policy | Terms of Service | Unsubscribe © 2019 Oath Tech Network. All rights reserved. 410 Townsend Street, San Francisco, CA 94107