Google rebrands G Suite, Apple announces its next event date and John McAfee is arrested. This is your Daily Crunch for October 6, 2020.
The big story: G Suite becomes Google Workspace
To a large extent, Google Workspace is just a rebranding of G Suite, complete with a new set of (less distinctive) logos for Gmail, Calendar, Drive, Docs and Meet. But the company is also launching a number of new features.
For one thing, Google is (as previously announced) integrating Meet, Chat and Rooms across applications, with Gmail as the service where they really come together. Other features coming soon are the ability to collaborate on documents in Chats and a “smart chip” with contact details and suggested actions that appear when you @mention someone in a document.
Pricing remains largely the same, although there’s now an $18 per user per month Business Plus plan with additional security features and compliance tools.
The tech giants
Apple will announce the next iPhone on October 13 — Apple just sent out invites for its upcoming hardware event, all but confirming the arrival of the next iPhone.
Facebook’s Portal adds support for Netflix, Zoom and other features — The company will also introduce easier ways to launch Netflix and other video streaming apps via one-touch buttons on its new remote.
Instagram’s 10th birthday release introduces a Stories Map, custom icons and more — There’s even a selection of custom app icons for those who have recently been inspired to redesign their home screen.
Startups, funding and venture capital
SpaceX awarded contract to help develop US missile-tracking satellite network — The contract covers creation and delivery of “space vehicles” (actual satellites) that will form a constellation offering global coverage of advance missile warning and tracking.
Salesforce Ventures launches $100M Impact Fund to invest in cloud startups with social mission — Focus areas include education and reskilling, climate action, diversity, equity and inclusion, as well as providing tech for nonprofits and foundations.
Ÿnsect, the makers of the world’s most expensive bug farm, raises another $224 million — The team hopes to provide insect protein for things like fish food and fertilizer.
Advice and analysis from Extra Crunch
Inside Root’s IPO filing — As insurtech booms, Root looks to take advantage of a warm market and enthusiastic investors.
To fill funding gaps, VCs boost efforts to find India’s standout early-stage startups — Blume Ventures’ Karthik Reddy says, “There’s an artificial skew toward unicorns.”
A quick peek into Opendoor’s financial results — Opendoor’s 2020 results are not stellar.
(Reminder: Extra Crunch is our subscription membership program, which aims to democratize information about startups. You can sign up here.)
John McAfee arrested after DOJ indicts crypto millionaire for tax evasion — The cybersecurity entrepreneur and crypto personality’s wild ride could be coming to an end after he was arrested in Spain and now faces extradition to the U.S.
Trump is already breaking platform rules again with false claim that COVID-19 is ‘far less lethal’ than the flu — Facebook took down Trump’s post, while Twitter hid it behind a warning.
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By Anthony Ha