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Netflix takes an old school method for its newest function, Amazon plans a new information heart in India and we overview the PlayStation 5. This is your Daily Crunch for November 6, 2020.
The large story: Netflix tests a linear video channel
Today in stunning product methods: Netflix is testing a linear channel in France known as Netflix Direct, in accordance with Variety.
To be clear, it’s not a common TV channel however somewhat one thing you entry on Netflix’s web site. But like a broadcast or cable channel, it ditches streaming’s on-demand facet. Instead, you watch no matter film or TV present is enjoying proper now.
Netflix beforehand examined a Shuffle button, so apparently it’s very curious about exploring a viewer expertise the place you simply flip the TV on and veg out. The service says it’s testing this in France as a result of “many viewers like the idea of programming that doesn’t require them to choose what they are going to watch.”
The tech giants
Review: Sony’s PlayStation 5 is right here, however next-generation gaming remains to be on its approach — Devin Coldewey writes that the brand new era of consoles is each a laborious and a simple promote.
Amazon to take a position $2.eight billion to construct its second information heart area in India — The funding will enable Amazon to launch an AWS Cloud area in Hyderabad by mid-2022.
Steve Bannon’s present pulled off Twitter and YouTube over requires violence — Bannon had his present suspended from Twitter and an episode eliminated by YouTube after calling for violence towards FBI director Christopher Wray and Dr. Anthony Fauci.
Startups, funding and enterprise capital
Challenger financial institution Starling is out elevating a new £200M funding spherical — Having raised £363 million thus far, together with a £100 million state-aid grant, Starling now boasts 1.9 million prospects.
Chinese autonomous car startup Pony.ai hits $5.three billion valuation — The firm has raised greater than $1 billion since its founding, together with $400 million from Toyota.
Provizio closes $6.2M seed spherical for its automobile security platform utilizing sensors and AI — The startup has a “five-dimensional” sensory platform that supposedly perceives, predicts and prevents automobile accidents in actual time and past the line-of-sight.
Advice and evaluation from Extra Crunch
Startups making meat alternate options are gaining traction worldwide — New partnerships with world chains like McDonald’s in Hong Kong, the launch of check kitchens in Israel and new financing rounds for startups in Sydney and Singapore level to abounding alternatives.
Software firms are reporting a fairly good third quarter — It’s nice information for startups searching for capital heading into 2021.
(Reminder: Extra Crunch is our membership program, which goals to democratize details about startups. You can enroll right here.)
Everything else
Europe urges e-commerce platforms to share information in battle towards coronavirus scams — The concern right here isn’t solely shoppers being ripped off, but additionally the actual threat of hurt if individuals purchase a product that doesn’t truly defend them as claimed.
Elon Musk’s Tesla tequila will run you $250 a bottle — Sure, why not.
The Daily Crunch is TechCrunch’s roundup of our greatest and most necessary tales. If you’d wish to get this delivered to your inbox every single day at round 3pm Pacific, you possibly can subscribe right here.
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