Facebook shares drop after Apple privacy changes make ads harder to track – TechCrunch


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Hello and welcome to Daily Crunch for September 22, 2021. The second day of disruption is happening as I write to you, which means I’m missing a few Battlefield introductions. But good news for both of us: We have articles below on each of the companies showing what they’re building. We will not miss!

Tomorrow we’ll crown a new Battlefield winner, by the way. We’ll see each other there! – Alexis

The Top 3 TechCrunch

  • Microsoft wants to kill Zoom, not Slack: That’s according to Slack CEO and possible Salesforce successor, Stewart Butterfield. There’s some logic to the point – Microsoft’s Teams product competes with Zoom and Slack, but that doesn’t mean it attacks each equally. Butterfield also noted during Disrupt that many Slack customers are Office 365 customers as well.
  • Microsoft details the new Surface hardware: I have to say that Microsoft also hosted an event today. However, unlike our startup-focused shindig, Redmond wanted to talk about hardware. Namely the new Surface gear, one part of which has a laptop screen unlike anything I’ve seen in production before. If you like computers, check it out.
  • Facebook puts value on the revenue warning: The changes Apple is making to the larger digital ecosystem are having an impact on Facebook, TechCrunch reports. The social giant also noted that it was underestimating a metric that may have led customers to believe their ads were underperforming by around 15%. Facebook stock fell nearly 4% on the day.
  • If you want to have fun, watch how your humble servant tried (and failed) to buy an NFT.

Startups / VC

Like we did yesterday, we’re kicking off our starter notes with a Battlefield roll call. Big thumbs up to Startup Battlefield Editor Neesha Tambe, one of the TechCrunch staff that you don’t see much of on the site. She’s amazing and helped the companies below prepare for the event – not to mention taking the time to make tough calls to find out who to include.

Roll call of the battlefield:

But that was hardly all. Startups were busy today:

Dear Sophie: What is the difference between the IEP and the last proposed start-up visa?

Dear Sophie,

What is the difference between International Entrepreneur Parole and the latest startup visa offered?

Do you think the startup visa will become a reality? If so, when?

– Financial founder

(Extra Crunch is our membership program, which helps founders and startup teams move forward. You can register here.)

Big Tech Inc.

Large companies were also busy, which means we have a little more news to find out. Enjoy!

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