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TechCrunch Daily Crunch

Daily Crunch 4/7/22

TechCrunch Daily Crunch

SpokenLayer

Tech News, News, Technology

3.849 Ratings

🗓️ 7 April 2022

⏱️ 5 minutes

🧾️ Download transcript

Summary

Intel suspends operations in Russia; Fanatics raises $1.5B at a $27B valuation; Google Play will hide and block downloads for outdated apps; The latest in startup business news Learn more about your ad choices.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

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0:55.0

A month after stopping shipments to customers in Russia and Belarus,

1:00.0

Intel has now suspended all business operations in Russia.

1:03.7

In a statement the company said,

1:05.3

Intel continues to join the global community in condemning Russia's war against Ukraine

1:10.0

and calling for a swift return to peace,

1:12.4

adding that it will support its 1,200 employees in

1:15.2

Russia and implement business continuity measures to minimize disruption to our global operations.

1:21.6

Other tech companies that have taken action in Russia include Apple, which halted product

1:25.8

sales after the Ukraine invasion, AMD, Adobe, and General Electric.

1:30.6

Meanwhile, Spotify along with news outlets like CNN, ABC, and the BBC has

1:35.8

suspended services in Russia in response to a new law that dramatically

1:40.1

restricts free speech.

...

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