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TechCrunch Daily Crunch

Daily Crunch 8/11/21

TechCrunch Daily Crunch

SpokenLayer

Tech News, Technology, News

3.849 Ratings

🗓️ 11 August 2021

⏱️ 4 minutes

🧾️ Download transcript

Summary

Venmo to allow credit card holders to automatically buy cryptocurrency with their cash back; Amazon says it will now compensate consumers for defective products sold on its marketplace; Jerry raises $75M at a $450M valuation to build a car ownership ‘super app’ 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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0:35.7

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0:41.0

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0:44.9

station dot com code tech news this is tech crunch

0:52.0

here's your daily crunch.

0:55.0

Salesforce announces Salesforce Plus, and yes, it is a streaming network of sorts.

1:03.2

For context, Salesforce used to host a yearly in-person event called Dream Force.

1:09.1

Then the pandemic hit.

1:10.5

Now Sales Force is looking to build a home for Dreamforce online and extend its general video and content remit by producing more stuff more often.

1:20.0

The streaming service, which will focus on business topics, will be free when it launches later this year. Paypal owned Venmo is expanding its support for cryptocurrency with today's launch of a new feature that will allow users to automatically buy

1:35.2

cryptocurrency using the cash back they earned from their Venmo credit card purchases.

1:40.7

Unlike when buying cryptocurrency directly, these automated purchases will have no transaction fees associated

1:46.7

with them. A feature, Venmo says, is not a promotion, but how the system will work long term.

1:53.1

Instead, a cryptocurrency conversion spread is built into each monthly transaction.

1:59.1

And Amazon today is making a significant change to its return policy known as the A2Z guarantee to address issues

2:06.8

with defective products sold through Amazon's marketplace of third-party sellers.

2:12.1

In the past, Amazon directed consumers to the sellers in the case

...

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