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Attorneys general from twenty states call on Facebook to do more to fight discrimination, disinformation and harrassment – TechCrunch

In an open letter to Facebook’s leadership posted earlier today, the attorneys general from twenty states called on the company to do more to fight intimidation, discrimination, disinformation, harassment and hate speech on the platform.

“Although Facebook has made some progress in counteracting the use of its platform to dehumanize and demean, that is just the beginning of what is necessary,” the attorneys general wrote. “Private parties, organized groups, and public officials continue to use Facebook to spread misinformation and project messages of hate against different groups of Americans. In many cases, these messages lead to intimidation and harassment of particular individuals online.”

Roughly 40 percent of Americans have experienced online harassment, according to study by the Anti-Defamation League and around 70 percent of those reporting harassment said it came on Facebook or its associated platforms, according to the report.

So the attorneys general asked Facebook to take more

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Hollywood’s Triller sets its own rhythm even as it gains from TikTok troubles – TechCrunch

Triller, the short video app backed by a Hollywood mogul and music celebrities, is rapidly ballooning in both user size and valuation. It’s now seeking a new funding round of $250 million that will push its valuation to over $1 billion, according to a source with knowledge of the matter.

That’s a leap from its $130 million valuation reported last October. Triller’s founder and CEO Mike Lu declined to comment, although another executive confirmed the funding with Dot.la.

The app has emerged as what many see as a TikTok replacement, but it has been around since 2015, two years before TikTok’s debut, and has its own “identity and ecosystem,” the founder insisted.

According to Lu, Triller was already recording “significant growth” even before the Trump administration began mulling a ban or a forced sale of TikTok, although he also admitted the app is getting a boost from the TikTok backlash.

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Grab launches new consumer financial services, including micro-investments and loans – TechCrunch

Grab announced today that its financial unit, which previously focused mainly on services for entrepreneurs and small businesses, is launching a slew of consumer products, including micro-investments, loans, health insurance and a pay-later program.

Based in Singapore, Grab began in 2012 as a ride-hailing company before expanding into on-demand deliveries and other services. In January 2019, it formed a joint venture with ZhongAn Insurance to build a digital insurance marketplace. Since then, its financial services portfolio has grown through a series of partnerships and the acquisition of Bento, which allowed it to offer investment and wealth management services as well.

In February, Grab announced that it had raised up to $856 million to speed up development of its payments and financial services.

Yesterday, Bloomberg reported that Grab raised $200 billion from South Korean private equity firm Stic, bringing its total funding so far to more than $10 billion at

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Pompeo says U.S. may take action against TikTok and other Chinese tech companies “shortly” – TechCrunch

Days after President Donald Trump announced he could use an executive order to ban TikTok from the United States, Secretary of State Michael Pompeo said the administration is “closing in on a solution and I think you’ll see the president’s announcement shortly.”

In an interview on Fox News’ “Sunday Morning Futures” host Maria Bartiromo, Pompeo also said that the Trump administration may take action against other Chinese tech companies doing business in the U.S., claiming that some are “feeding data directly to the Chinese Communist Party.”

Beijing-based ByteDance, TikTok’s owner, is currently in talks with Microsoft to sell its TikTok business in the U.S. and several other countries to the American tech giant. The negotiations have taken on more urgency over the last two weeks as the Trump administration issued escalating statements about the popular app.

Microsoft said on Sunday that it is in discussions to buy TikTok’s operations in

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Astronauts successfully depart the ISS aboard SpaceX Dragon, starting their trip home – TechCrunch

NASA astronauts Bob Behnken and Doug Hurley have successfully undocked from the International Space Station, which is the first crucial stage of their return to Earth. Next, they’ll travel on a coast phase that will take them on a descent course back through the atmosphere from space, shedding speed as they prepare to deploy the parachutes of the SpaceX Crew Dragon spacecraft and drop into the Atlantic Ocean for recovery.

The undocking, coast and splashdown phase are all meant to be performed entirely via automation, with the control systems SpaceX designed for Crew Dragon managing the entire process, including burns to control the capsule’s travel away from the Station and its controlled descent through the atmosphere. While re-entering the atmosphere, the Dragon will undergo tremendous stress, and its angle of descent is intended to slow its velocity to the point where it can safely deploy those parachutes to slow its

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Trump told reporters he will use executive power to ban TikTok – TechCrunch

President Donald Trump said he could act to ban the world’s most popular short video app TikTok from the US as early as Saturday, according to The Hill.

The president said he could use “emergency economic powers or an executive order” to bar TikTok from the US, he told reporters aboard Air Force One on Friday.

The news came hours after reports broke that Microsoft was in talks to buy TikTok. Investors are reportedly valuing three-year-old TikTok at $50 billion. In his remark on Friday, Trump signaled he was not supportive of allowing an American company to acquire TikTok.

On the same day, Bloomberg reported that Trump could order ByteDance to divest its ownership of TikTok.

In response to Trump’s decision, TikTok, as usual, tried to make a case that it’s in the interest of the US to keep the app and it poses no national security threat:

“100

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