Netflix takes an old style method for its newest function, Amazon plans a brand new knowledge middle in India and we overview the PlayStation 5. That is your Each day Crunch for November 6, 2020.
The large story: Netflix checks a linear video channel
To be clear, it’s not an everyday TV channel however reasonably one thing you entry on Netflix’s web site. However like a broadcast or cable channel, it ditches streaming’s on-demand aspect. As an alternative, you watch no matter film or TV present is enjoying proper now.
Netflix beforehand examined a Shuffle button, so apparently it’s very excited 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 concept of programming that doesn’t require them to decide on what they’re going to watch.”
The tech giants
Review: Sony’s PlayStation 5 is here, but next-generation gaming is still on its way — Devin Coldewey writes that the brand new era of consoles is each a tough and a simple promote.
Amazon to invest $2.8 billion to build its second data center region in India — The funding will enable Amazon to launch an AWS Cloud area in Hyderabad by mid-2022.
Steve Bannon’s show pulled off Twitter and YouTube over calls for violence — Bannon had his present suspended from Twitter and an episode eliminated by YouTube after calling for violence in opposition to FBI director Christopher Wray and Dr. Anthony Fauci.
Startups, funding and enterprise capital
Challenger bank Starling is out raising a new £200M funding round — Having raised £363 million up to now, together with a £100 million state-aid grant, Starling now boasts 1.9 million prospects.
Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation — The corporate has raised greater than $1 billion since its founding, together with $400 million from Toyota.
Provizio closes $6.2M seed round for its car safety platform using 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.
Recommendation and evaluation from Further Crunch
Startups making meat alternatives 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 companies are reporting a pretty good third quarter — It’s nice information for startups on the lookout for capital heading into 2021.
(Reminder: Further Crunch is our membership program, which goals to democratize details about startups. You can sign up here.)
All the things else
Europe urges e-commerce platforms to share data in fight against coronavirus scams — The priority right here shouldn’t be solely shoppers being ripped off, but in addition the true danger of hurt if individuals purchase a product that doesn’t really shield them as claimed.
Elon Musk’s Tesla tequila will run you $250 a bottle — Certain, why not.
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