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TechCrunch Daily Crunch

Daily Crunch 6/5/21

TechCrunch Daily Crunch

SpokenLayer

News, Tech News, Technology

3.849 Ratings

🗓️ 5 June 2021

⏱️ 3 minutes

🧾️ Download transcript

Summary

Facebook will reconsider Trump’s ban in two years; Flink, the German grocery delivery startup, raises $240M after launching just 6 months ago; Facebook’s use of ad data triggers antitrust probes in UK and EU 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

You know folks, I'm all about working smarter, not harder.

0:13.0

Running a successful e-commerce business can be really convoluted and honestly you have enough going on so I want to introduce you guys to ship station.

0:21.6

I love using ship station because it makes it so

0:25.5

much easier to automate all my shipping tasks and I can manage all my orders in one

0:29.5

simple dashboard. Work less and ship more with Ship Station, the innovative tool that helps turn your

0:35.7

shipping challenges into opportunities for growth. Go to shipstation.com and use code

0:41.0

tech news to sign up for your free 60 day trial that's ship

0:44.9

station dot com code tech news this is tech crunch

0:52.0

here's your daily crunch. The clock is ticking on former President Donald Trump's

0:58.4

ban from Facebook. It formally was indefinite and now it's a period of two years.

1:04.0

Two years is the maximum penalty under a newly revealed set of rules for suspending public figures.

1:09.5

But when the time comes, the company will re-evaluate the ban and make a decision then whether to end or

1:15.1

extend it rendering it well indefinitely definite. Let's see what's going on in the world

1:21.0

of startups. After operating in the market for just half a year,

1:25.0

German Grocery Delivery Startup, Flink,

1:28.0

has raised a quarter billion dollars.

1:30.0

Flink is German for Quick, which relates to both its delivery timeline and its venture capital

1:35.1

cadence.

1:36.1

When is a startup, not a startup.

1:39.7

When it's 35 years old.

1:41.3

That's the case with Mexican company Grupo Bursatil Mexicano or GBM. The company is seeing

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