[NEWS] Daily Crunch: Facebook faces new privacy investigations – Loganspace

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1.Facebook hit with three privacy investigations in a single day

First came a probe by the Irish data security authority taking a peep into the breach of “a total lot of thousands and thousands” ofFacebookand Instagram user passwords that were saved in plaintext on its servers. Then, Canadian authorities confirmed that the beleaguered social networking big broke its strict privacy rules.

Lastly, and slightly closer to house, Facebook used to be hit by its third investigation — this time by Unusual York licensed knowledgeable identical outdated Letitia James.

2.Movie subscription service Sinemia is ending US operations

Over the final few months, Sinemia has long gone from promising MoviePass competitor to the source of frustration for moviegoers across the country.

3.Slack files to head public, stories $138.9M in losses on revenue of $400.6M

The firm attributes these losses to its choice “to spend money on increasing our alternate to capitalize on our market replacement,” and notes that they’re terrified as a share of revenue.

4.Walmart unveils an AI-powered retailer of the future, now initiating to the public

Walmart unveiled a brand original test grounds for emerging technologies, including AI-enabled cameras and interactive shows. This “retailer of the future” operates out of a Walmart Neighborhood Market in Levittown, Unusual York.

5.Grocery shipping startup Honestbee is working out of money and searching for to promote

The firm has held early conversations with a vary of suitors in Asia, including chase-hailing giants Clutch and Recede-Jek, over the ability acquisition of piece, or all, of its alternate.

6.Amazon is prepping a excessive-fidelity TIDAL competitor

That’s in accordance toTune Alternate Worldwide, which additionally precisely reported the contemporary commence of a free, advert-supported Amazon Tune service for Echo tool owners.

7.Zwift CEO Eric Min on successfully being-gaming and bringing esports into the Olympics

The 5-twelve months-outdated startup has raised extra than $170 million as a pioneer of successfully being-gaming ― physical sport implemented in a digital world. (Extra Crunch membership required.)