{"id":18992,"date":"2020-06-03T05:30:26","date_gmt":"2020-06-03T05:30:26","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/daily-crunch-facebook-employees-walk-out-virtually.html"},"modified":"2020-06-03T05:30:26","modified_gmt":"2020-06-03T05:30:26","slug":"daily-crunch-facebook-employees-walk-out-virtually","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/daily-crunch-facebook-employees-walk-out-virtually.html","title":{"rendered":"Daily Crunch: Facebook employees walk out virtually"},"content":{"rendered":"

Facebook <\/a> staff protests the social network\u2019s stance on Trump posts, Volkswagen finalizes its $2.6 billion investment in Argo AI and we examine complaints about the layoff process at events and travel startup Pollen.<\/p>\n

Here\u2019s your Daily Crunch for June 2, 2020.<\/p>\n

1. Facebook employees stage virtual walkout in protest of company\u2019s stance on Trump posts<\/a><\/strong><\/p>\n

Some Facebook employees virtually walked out yesterday to challenge the company\u2019s lack of response to President Donald Trump\u2019s posts \u2014 specifically his posts discussing the protests sparked by the killing of George Floyd. Facebook has since acknowledged the walkout and said it will not require employees to use their paid time off.<\/p>\n

Also, CEO Mark Zuckerberg wrote in a Sunday night post that he will donate $10 million<\/a> to \u201cgroups working on racial justice.\u201d<\/p>\n

2. Self-driving vehicle startup Argo AI completes $2.6B deal with Volkswagen, expands to Europe<\/a><\/strong><\/p>\n

The deal turns Argo into a global company with two customers \u2014 VW and Ford \u2014 as well as operations in the U.S. and Europe and an instant jump in its workforce. Autonomous Intelligent Driving, the self-driving subsidiary that was launched in 2017 to develop autonomous vehicle technology for the VW Group, will be absorbed into Argo AI.<\/p>\n

3. Former Pollen employees were asked to sign an \u2018NDA masked as a severance agreement\u2019<\/a><\/strong><\/p>\n

Pollen, the U.K.-headquartered travel and events marketplace, describes its company culture as built on principles of \u201cfreedom\u201d and openness, including a well-publicized pay transparency policy. However, that doesn\u2019t appear to always be the case with regards to the treatment of departing employees.<\/p>\n

4. LinkedIn introduces new retargeting tools<\/a><\/strong><\/p>\n

LinkedIn has already been testing these capabilities with a few advertisers, including TOPdesk, which says it\u2019s increased conversions by 20% while lowering the cost per conversion by 24%.<\/p>\n

5. 12 top cybersecurity VCs discuss investing, valuations and no-go zones<\/a><\/strong><\/p>\n

We spoke to a dozen cybersecurity VCs to hear their thoughts on cybersecurity valuations during the pandemic, which companies are sparking investors\u2019 interests and the kinds of startups that aren\u2019t. (Extra Crunch membership required.)<\/p>\n

6. Twitter restricts Republican lawmaker\u2019s Antifa tweet for \u2018glorifying violence\u2019<\/a><\/strong><\/p>\n

Twitter placed behind a warning label a tweet from a close political ally of the president, citing its policy prohibiting content that promotes violence. The tweet, from Republican Florida Rep. Matt Gaetz, suggested that the U.S. government \u201chunt down\u201d anti-fascist activists in the country like it would pursue international terrorists.<\/p>\n

7. Locus Robotics raises another $40M as retailers increasingly look to automate<\/a><\/strong><\/p>\n

Locus has already seen good traction here in the United States for its bin-moving robots. In February, the company announced that its robots have passed 100 million units picked.<\/p>\n

The Daily Crunch is TechCrunch\u2019s roundup of our biggest and most important stories. If you\u2019d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here<\/a>.<\/em><\/p>\n

\"\"<\/a><\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunch\/social\/~3\/-zx3BqYSMoo\/<\/p>","protected":false},"excerpt":{"rendered":"

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