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TechCrunch Daily Crunch

Daily Crunch 5/29/21

TechCrunch Daily Crunch

SpokenLayer

News, Tech News, Technology

3.849 Ratings

🗓️ 29 May 2021

⏱️ 4 minutes

🧾️ Download transcript

Summary

Facebook, WhatsApp, Google and other internet giants comply with India’s IT rules; EU to review TikTok’s ToS after child safety complaints; Penfold closes $8.5M to provide a full-stack pension in an app aimed at freelancers Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by Chef Station.

0:07.0

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0:13.0

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0:21.6

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0:25.5

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0:29.5

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0:35.7

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0:41.0

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0:45.2

dot com code tech news this is tech crunch

1:04.8

Here's your daily crunch. The time is ticking for Tik-Tock. It has a month left to give a good answer to the European Commission, which is concerned over its commercial practices and policy. The areas that are causing problems, according to the Commission, include hidden marketing,

1:09.0

aggressive advertising techniques targeted at children, and certain contractual terms with the Chinese owned video sharing app.

1:17.0

Now let's see what's going on in the world of startups that are challenging the status quo, shall we?

1:23.0

Penfold just raised $8.5 million to keep pensions alive.

1:27.0

In your part of the world, the pension may be dead, but Penfold wants to keep the retirement plan alive in the UK with a mobile app.

1:34.5

Sure, your company has probably given up on the idea that it should materially provide for workers

1:39.5

post-work existence.

1:41.5

But PENfold is betting that its freelancer-friendly pension system will find

1:44.9

purchase in its market.

1:47.3

Kit put together a $5 million round to build out your next office.

1:51.2

Parts of the world are slowly circling back to the idea of going to the office.

1:55.3

Kit wants to take advantage of the trend by a fully customizable workspace solution to tenants

2:00.9

via its landlord partners.

...

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