The coronavirus outbreak continues to affect the tech market, Facebook’s Libra Association register a brand-new partner and short-form video service Quibi is available for pre-order. Here’s your Daily Crunch for February 21, 2020.
1. PC shipments expected to drop this year since of coronavirus outbreak
The coronavirus outbreak might lead to a minimum of a 3.3%drop– and as high as a 9%dip– in the volume of PCs that will deliver worldwide this year, according to research study company Canalys.
” In the best-case circumstance, production levels are expected to revert to complete capacity by April 2020, thus the greatest hit will be to sell-in shipments in the very first two quarters, with the market recuperating in Q3 and Q4,” the company said.
2. Shopify signs up with Facebook’s cryptocurrency Libra Association
After eBay, Visa, Stripe and other high-profile partners ditched the Facebook-backed cryptocurrency collective, Libra scored a win with the addition of Shopify. The e-commerce platform will end up being a member of Libra Association, contributing at least $10 million and operating a node that processes transactions for the Facebook-originated stable coin.
3. Quibi’s streaming service app launches in app shops for pre-order
Quibi, the mobile-only streaming service from Jeffrey Katzenberg, is now open for pre-orders. The business declined to fully reveal off its app just a month back at CES– instead, demos focused on its “TurnStyle” technology– but it appears the app is prepared.
With this new financing, Volocopter brings its overall raised to around $132 million, and it states it will use the newly gotten capital to help accredit its VoloCity aircraft, an air taxi designed to carry individuals, which is on track to end up being the business’s first-ever automobile licensed for commercial operation.
5. Where top VCs are purchasing manufacturing and warehouse robotics
With our 2020 Robotics AI sessions occasion less than 2 weeks away, we have actually decided to perform temperature level checks throughout some of the most popular robotics sub-verticals to see which trends are boiling down the pipe and where checks are really being composed. (Extra Crunch subscription required.)
6. How ‘The Mandalorian’ and ILM undetectably transformed movie and TV production
While a successful live-action Star Wars TELEVISION series is necessary in its own right, the method this particular program was made represents a far higher modification, perhaps the most crucial given that the green screen.
7. Shogun raises $10 M to assist e-commerce brand names build much faster websites
The company’s very first product, Page Home builder, provides a drag-and-drop user interface to make it much easier for e-commerce brand names to construct their shops on Shopify, BigCommerce, Salesforce and Magento. And there’s a brand-new item, Shogun Frontend, which permits brand names to develop a web shop that’s entirely tailored while still utilizing one of the huge commerce platforms as their back end.
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