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TechCrunch Daily Crunch

Daily Crunch 9/22/21

TechCrunch Daily Crunch

SpokenLayer

News, Tech News, Technology

3.849 Ratings

🗓️ 22 September 2021

⏱️ 3 minutes

🧾️ Download transcript

Summary

PayPal launches its ‘super app’ combining payments, savings, bill pay, crypto, shopping and more; Tumblr’s subscription product Post+ enters open beta after much scrutiny from users; Instacart shopper activist group asks customers to delete the app until demands for better conditions are met 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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0:21.6

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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 has been talking about its super app plans for some time.

1:00.0

Having recently told investors its upcoming digital wallet and payments app, had been given a go for launch.

1:07.0

Now the first version of that app is officially being introduced, offering a combination of financial tools including direct deposit, bill pay, a digital wallet,

1:15.6

peer-to-peer payments, shopping tools, crypto capabilities, and more.

1:20.3

The company is also announcing its partnership with Synchrony Bank for its new high-yield savings account, PayPal Savings.

1:27.0

In other news, Tumblr is entering open beta for its subscription product, Post Plus, meaning that all US users can now try out the monetization

1:36.1

future. The product launched in closed beta in July allowing users hand-picked by

1:41.4

Tumblr to place some of their content behind a monthly

1:44.3

paywall. This marked the first time that Tumblr allowed bloggers to monetize

1:48.2

their content directly on the platform, but the feature was met with backlash from users who worried about how the feature would change the site's culture.

1:57.0

And the history of leading boycotts of gig work platforms is spotty in terms of impact, but that isn't stopping thousands of

2:04.4

Instacart shoppers from raising their voices as a collective. This time around

2:08.8

the Gig Workers Collective is asking that customers refrain from reinstalling the app until five demands are met.

...

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