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TechCrunch Daily Crunch

Daily Crunch 10/7/21

TechCrunch Daily Crunch

SpokenLayer

Tech News, News, Technology

3.849 Ratings

🗓️ 7 October 2021

⏱️ 3 minutes

🧾️ Download transcript

Summary

Google confirms $1B investment into Africa, including subsea cable for faster internet; Twitch confirms hack after source code and creator payout data leaks online; GM says it will double revenue by 2030, take EV market share from Tesla Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.0

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0:13.0

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0:41.0

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0:45.2

dot com code tech news this is tech crunch

0:52.0

here's your daily crunch.

0:55.0

U.S. Technology Giant Google is investing $1 billion into the African continent

1:01.0

to help hasten its digital transformation, including $50 million into

1:06.3

local startups.

1:08.0

African startup investment has been scaling in recent quarters, making Google's news, unsurprising, if welcome when we consider the uneven

1:15.9

reality of global venture funding.

1:18.8

In other news, Amazon's Twitter video streaming service was hacked. Payout details, source code, the hack was more than a simple

1:26.2

release of user data. It's a pretty terrible moment for Twitch, its parent company, and its vast

1:31.6

user base. Change your passwords, everyone, and then get a password manager.

1:37.0

And GM said it will double its revenues by the end of the decade and take over the market share of EVs, a spot that Tesla currently enjoys,

1:45.8

all while increasing profit margins for its internal combustion engine vehicles.

1:50.7

The ambitious goal was outlined during GM's two-day investor event that kicked off Wednesday.

1:55.8

GM said its goal will be reached by selling a range of electric vehicles and software-based services and offering technology.

...

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