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TechCrunch Daily Crunch

Daily Crunch 8/24/21

TechCrunch Daily Crunch

SpokenLayer

News, Tech News, Technology

3.849 Ratings

🗓️ 24 August 2021

⏱️ 3 minutes

🧾️ Download transcript

Summary

TikTok is building its own AR development platform, TikTok Effect Studio; PayPal expands the ability to buy, hold and sell cryptocurrency to the UK; Givz raises $3M in seed funding to make donations a marketing tool for businesses 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

0:55.0

Here's your daily crunch. Paypal will now allow users outside the US to buy, hold and sell cryptocurrency for the first time.

1:03.4

The company announced yesterday the launch of a new service that will allow customers in the UK

1:08.0

to select between four types of cryptocuracies, including Bitcoin,

1:12.2

Ethereum, Lightcoin, and Bitcoin Cash, which can be purchased

1:16.4

using a connected bank account or debit card.

1:20.2

And in other news, both Facebook and Snap offer tools that allow developers to build augmented reality

1:25.8

experiences and features for their own respective family of apps.

1:30.1

Now, Tik-Toc is looking to do the same.

1:33.0

The company recently launched a new creative tool set called Tik-Tok Effect Studio,

1:38.0

currently in private beta testing,

1:40.0

which will allow its own developer community to build AR effects for Tik-Tox short-form video app.

1:47.0

Now let's see what's going on in the world of startups.

1:51.0

Gives, which has developed an API-powered platform that gives

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