Snapchat Memories Update | Crunch Report | Summary and Q&A

TL;DR

Snapchat released Memories, a smart camera roll alternative, while Tesla faces scrutiny over two recent car accidents involving Autopilot technology, and Alibaba's first smart car is available for pre-order.

Key Insights

• 👻 Snapchat's Memories feature allows users to have more control over their snaps and provides greater editing capabilities.
• 😨 Tesla's recent car accidents highlight the ongoing challenges and concerns surrounding Autopilot technology.
• 🚙 Alibaba's smart car represents the company's foray into the automotive industry and the increasing integration of internet services into vehicles.
• 👨‍💼 Etsy's payment processing issues have created frustration among its merchants, potentially impacting their businesses.
• 🎥 The delay in the release of the Light camera showcases the challenges involved in developing highly customized technology products.
• 🎥 Despite the delay, the Light camera managed to secure $30 million in funding, indicating investor confidence in its potential success.
• 😨 The importance of addressing and learning from car accidents involving Autopilot technology is crucial for its future development and public acceptance.

Transcript

snapchat introduces memories another tesla car accident alibaba's first smart car and more it's wednesday july six and this is crunch report what up TechCrunch land welcome to crunch report if you're one who likes to make their life seem cooler than it actually is snapchat has a treat for you today the company is rolling out memories it creates a s... Read More

Questions & Answers

Q: What is Snapchat Memories?

Snapchat Memories is a new feature that allows users to import, search, edit, and reshare their existing snaps, providing an alternative to traditional camera rolls.

Q: How are Tesla's Autopilot accidents being addressed?

Tesla is investigating two accidents involving Autopilot technology. The company is awaiting customer responses to provide further information and improve the technology.

Q: What can Alibaba's smart car do?

Alibaba's smart car, priced at $22,300, offers internet connectivity and various features, such as personalized greetings, music selection, and the ability to pay for parking and gas using Alibaba's payment service.

Q: What issues has Etsy been experiencing?

Etsy has been facing payment processing outages, causing disruptions in transactions for its merchants. The company is working on resolving the issue.

Summary & Key Takeaways

• Snapchat has launched Memories, a feature that allows users to import and edit their existing snaps, search for specific content, and keep sensitive content private.

• Tesla has experienced two car accidents in a short period, both involving Autopilot technology. The company is currently investigating the incidents.

• Alibaba and saic have developed an internet-connected smart car, priced at $22,300, which can perform various tasks and use Alibaba's payment service.

• Etsy has been facing payment processing issues, causing disruptions in transactions for its merchants.