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Josh Constine / TechCrunch:
Robinhood launches checking and savings accounts in the US with a 3% interest rate and no minimum balance or fees for overdrafts or foreign transactions   —  Robinhood is undercutting the big banks by forgoing brick-and-mortar branches with its new zero-fee checking and savings account features.
Dec 13, 2018, 10:30 AMIn context
Josh Constine / TechCrunch:
Facebook is testing search ads in its search bar and Marketplace in the US and Canada, directly competing with Google's AdWords   —  It's an ad duopoly battle.  Facebook is starting to test search ads in its search results and Marketplace, directly competing with Google's AdWords.
Dec 11, 2018, 2:06 PMIn context
Josh Constine / TechCrunch:
Instagram launches a walkie talkie-like voice messaging feature, rolling out globally on Instagram Direct today   —  You'd think Facebook would be faster at copying itself.  Five years after Facebook Messenger took a cue from WhatsApp and Voxer to launch voice messaging …
Dec 10, 2018, 2:50 PMIn context
Josh Constine / TechCrunch:
Uber says it's testing “Uber Eats Pool” in some areas as a cheaper option that batches customers' orders to a restaurant, and it's exploring paid promotion ads   —  Here come sponsored restaurant recommendations  —  Where there is discovery in an app, there is paid discovery.
Dec 10, 2018, 11:15 AMIn context
Josh Constine / TechCrunch:
Facebook confirms it is testing a Live video feature that lets merchants demo items and take payments via Messenger, with some Pages in Thailand   —  Want to run your own home shopping network?  Facebook is now testing a Live video feature for merchants that lets them demo and describe their items for viewers.
Dec 6, 2018, 2:17 PMIn context
Josh Constine / TechCrunch:
Facebook says it will let developers build competitors to its features on its platform, reversing an earlier policy   —  Facebook will now freely allow developers to build competitors to its features upon its own platform.  Today Facebook announced it will drop Platform Policy section 4.1 which stipulates …
Dec 4, 2018, 6:25 PMIn context
Josh Constine / TechCrunch:
Uber Eats is testing giving restaurants a ranking boost when they offer discounts on food bundles; in some cases, Uber will cover the discount's cost   —  Uber Eats has effectively invented its own native ad unit.  Uber confirmed to TechCrunch that a test quietly running …
Dec 4, 2018, 2:05 PMIn context
Josh Constine / TechCrunch:
Instagram is launching a “Close Friends” list on iOS and Android to let users share Stories with a limited group of friends   —  They're Finstagram Stories  —  No one wants to post silly, racy, or vulnerable Stories if they're worried their boss, parents, and distant acquaintances are watching.
Nov 30, 2018, 5:45 AMIn context
Josh Constine / TechCrunch:
Following 2012 IPO, Facebook considered, but rejected, charging developers $250K/year for API access and offering Tinder extended access to users' friends' data   —  Following a flopped IPO in 2012, Facebook desperately brainstormed new ways to earn money.  An employee of unknown rank sent …
Nov 28, 2018, 10:05 PMIn context
Josh Constine / TechCrunch:
Facebook is launching its “Today In” local news section in 400 US cities, after beginning testing it in January   —  Facebook has a new area of its app it will have to police for fake news and biased sensationalism.  Facebook is launching “Today In”, its local news aggregator …
Nov 28, 2018, 11:57 AMIn context

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