Google changes its storage policy, Facebook extends its political ad ban and Ring doorbells are recalled. This is your Daily Crunch for November 11, 2020.
The big story: Google Photos will end free, unlimited storage
Google is changing its storage policies for free accounts in a way that could have a big impact on anyone regularly using Google Photos.
Currently, Google Photos allows users to store unlimited images (and HD video) as long as they’re under 16 megapixels. Starting on June 1, 2021, new photos and videos will all count toward the 15 gigabytes of free storage that the company offers to anyone with a free Google account.
Google says it will take the average user three years to reach 15 gigabytes — at which point they’ll either need to delete some photos or pay for a Google One account. Also on June 1: Docs, Sheets, Slides, Drawings, Forms and Jamboard files will start counting toward your storage total as well.
The tech giants
Facebook extends its temporary ban on political ads for another month — The company says the temporary ban will continue for at least another month.
ByteDance asks federal appeals court to vacate US order forcing it to sell TikTok — TikTok’s parent company says it remains committed to a negotiated solution and will only try to stop the government from forcing a sale “if discussions reach an impasse.”
Ring doorbells recalled over fire threat — The recall comes in the wake of 23 reports of fire and eight reports of minor burns.
Startups, funding and venture capital
SentinelOne, an AI-based endpoint security firm, confirms $267M raise on a $3.1B valuation — SentinelOne’s Singularity monitors and secures laptops, phones and other network-connected devices and services.
E-commerce startup Heroes raises $65M in equity and debt to become the Thrasio of Europe — The company has a strategy of acquiring and scaling high-performing Amazon businesses.
Seedcamp raises £78M for its fifth fund — This new fund increases the amount of capital the firm will invest in pre-seed and seed-stage companies.
Advice and analysis from Extra Crunch
Dear Sophie: What does Biden’s win mean for tech immigration? — Attorney Sophie Alcorn looks at the presidential election’s impact on U.S. immigration and immigration reform.
Greylock’s Asheem Chandna on ‘shifting left’ in cybersecurity and the future of enterprise startups — Enterprise software is changing faster this year than it has in a decade.
Square and PayPal earnings bring good (and bad) news for fintech startups — Square’s earnings give us a window into consumer payment activity, card usage, stock purchases and more.
(Reminder: Extra Crunch is our membership program, which aims to democratize information about startups. You can sign up here.)
Honda to mass-produce Level 3 autonomous cars by March — Honda claims it will be the first automaker to mass-produce vehicles with autonomous capabilities that meet SAE Level 3 standards.
Data audit of UK political parties finds laundry list of failings — The audit claims parties are failing to come clean with voters about how they’re being invisibly profiled and targeted.
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