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TechCrunch Daily Crunch

Daily Crunch 1/28/22

TechCrunch Daily Crunch

SpokenLayer

Tech News, News, Technology

3.849 Ratings

🗓️ 28 January 2022

⏱️ 3 minutes

🧾️ Download transcript

Summary

EV battery maker LG Energy Solution becomes South Korea’s second most valuable firm in IPO debut; Messenger upgrades its end-to-end encrypted chat experience; Disney+ is expanding to 42 more countries this summer Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:52.0

here's your daily crunch.

0:55.0

South Korea's electric vehicle battery maker LG Energy Solution

1:00.0

made a successful market debut on Thursday.

1:02.0

The market capitalization of LG Energy stood at

1:05.4

98.3 billion dollars or 118 trillion South Korean WAN at the close of trading on local stock exchanges, making it the country's second

1:15.4

most valuable firm after Samsung Electronics.

1:18.7

With the IPO proceeds, LG Energy plans to increase its production capacity in the global markets.

1:24.4

The firm also wants to form additional strategic partnerships with car makers in the U.S.

1:29.2

Europe and China to take on its global competitors.

1:33.3

Although default end-to-end encryption won't fully arrive on Facebook Messenger until sometime

1:38.1

in 2023, the company says its feature offering end-to-end encrypted group chats and calls in Messenger is now fully

1:45.0

rolled out.

1:46.1

In addition, Messenger is adding another security feature with the launch of screenshot notifications

...

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