To get a roundup of TechCrunch's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Today, we look at Meta's giant fine from the European Union, which startups are flush with cash and what Amazon is doing with your palm. I hope you had a good weekend and are ready to jump into some news, because this is your Daily Crunch for Monday. — Christine Meta is most likely smarting from a whopping $1.3 billion fine (€1.2 billion) handed down from the European Data Protection Board related to Facebook data flows. Just to hammer that home more, "the Board confirmed it is the largest fine ever issued under the bloc's General Data Protection Regulation." We've got all the juice that's fit to squeeze on this. Show of digital hands: How many of you have created a great social media post only to hit "post" and find a typo? The only options used to be "delete" and try again, or pay for the privilege of editing. Well, today you're in luck because WhatsApp has your back in the editing department. Find out more. Telemedicine continues to gain ground, but digital healthcare startup Patient21 thinks it has a unique business model going where there is proprietary software for managing patients, who are then steered toward one of the company's 50-plus outpatient clinics across Germany. See how this model is paying off. Ebb and Flow: Romania's FlowX.ai is now flush with $35 million for its AI-based approach to application integration. Get the scoop. Banned!: China launched a probe into American chip manufacturer Micron over national security risks and has now banned some of Micron's products. Read more. Hello? Is someone there?: General Atlantic gave a whopping $100 million to this India-based fintech that processes online transactions. Find out who it is. |