For Your Information Blog: 02/11/21

Tuesday, November 2, 2021

Microsoft launches Loop, an open source, real-time collaboration tool

Tuesday, November 02, 2021 • By Alex Wilhelm

Hello and welcome to Daily Crunch for November 2, 2021. Today has been a fun one, namely because your humble TechCrunch was in the news. Not for reasons that we're stoked about, but the larger China-world digital decoupling is real, and we got caught in it. Let's talk about it. — Alex

Image Credits: Microsoft

The TechCrunch Top 3

Yahoo leaves China: TechCrunch parent company Yahoo is leaving the Chinese market, pulling what was left of its services lineup from the market. TechCrunch, and its sister publication Engadget, are no longer accessible in the country. The news comes after Epic Games announced the end of its project to bring Fortnite to the Chinese market, and Microsoft decided that it was also time for LinkedIn to leave the country.
Bird is going public: Well-known scooter unicorn Bird's planned merger with a blank-check company has been approved and should consummate later this week. Public-market investors responded by selling stock in Bird's SPAC partner, a somewhat embarrassing result. Precisely how much capital will be raised is not clear. For more on Bird's changing economics, TechCrunch has your back.
Microsoft goes metaverse: Amidst a wave of news items today — see our Big Tech section for more — Microsoft announced that its Teams product is heading to the metaverse. But unlike what Facebook Meta has planned, Microsoft's "Mesh for Teams" service will power "shared experiences in virtual reality, augmented reality and elsewhere, with Teams and its built-in productivity tools," TechCrunch reports.

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What Netflix's move into gaming means for developers

Some analysts predict that Netflix will spend as much as $19 billion on original and acquired content in 2025, but that figure leaves out a new frontier for the global media platform: gaming.

Netflix hired a lead for its gaming division in July and purchased Night School Studio in September, giving it access to more developers.

“It makes one wonder how Netflix's plans will influence game developers and studios around the world,” says Sendbird CEO John S. Kim. “More importantly, how will developers respond to Netflix's entry into the space?”

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)

What Netflix's move into gaming means for developers image

Image Credits: Sam Wasson / Getty Images

Big Tech Inc.

It's a Microsoft day, so here's the rest of our coverage from the company's event:

Microsoft announces new tools to modernize supply chain and manufacturing
Microsoft's new Azure OpenAI Service brings GPT-3 to (a few) more developers
Microsoft brings JavaScript to Excel
Microsoft Azure wants to make working with data on its platform easier
Microsoft Azure expands its hybrid and multi-cloud reach
Azure gets a Chaos Studio
And, Microsoft is building a product called Loop that we feel shares more than a little heritage with Google's long-dead, if yet-beloved Wave service. Frankly I cannot wait to play with it.

From elsewhere in Big Tech-land:

Netflix's gaming ambitions continue: Just as Spotify wants to be a serious player in podcasting, Netflix really does appear to think that games are part of its future. The company's titles are coming to all Android-using members starting this week. Enjoy.
Roblox's outage Not Good: Not only did Roblox suffer a multiday outage, but the public gaming company's downtime provided a boost to rival games. Because just as shooters shoot, gamers game, and if your platform goes down, Steam is just a few clicks away.
Zoom is looking to cash in on the advertising boom, fueled in part by rising tech wealth, with an ad-supported version of its video chat service.