Chrome OS and Android Merging Into One Product? | Crunch Report

TL;DR

Facebook is testing a new marketplace feature called Local Market, Apple TV is now available in stores, Bitcoin's value is rallying, and Amazon is shutting down its daily deals platform.

Transcript

The new Apple TV is officially available in stores, Bitcoin's value is rallying again, Facebook tests a new Local Market feature that rivals Craigslist, and more. It's Friday, October 30th and this is Crunch Report. Some Facebook users in Auckland, New Zealand, and Melbourne and Sydney. Australia, have spotted a new feature being tested in the iPho... Read More

Key Insights

• ❓ Facebook's Local Market could pose a threat to existing online marketplaces like Craigslist and Etsy.
• 🆘 The potential merger of Chrome OS and Android suggests a unified operating system for Google's devices.
• 🎮 The redesigned Apple TV offers improved functionality and integration with voice control and Siri.
• ❓ Bitcoin's increasing value indicates a potential resurgence of interest in the cryptocurrency.
• 🤝 Amazon's decision to shut down its daily deals platform reflects the declining popularity of this model.
• 💨 Other companies, such as LivingSocial and Groupon, have also shifted away from the daily deals model.
• 🤝 Amazon will continue to offer deals through its main website, while focusing on other types of experiences.

Questions & Answers

Q: What is Facebook's new feature, Local Market?

Local Market is a marketplace feature being tested on Facebook's iPhone app, allowing users to browse or post items for sale, similar to Craigslist or Etsy.

Q: Are Chrome OS and Android merging into one product?

According to the Wall Street Journal, there are indications that Chrome OS and Android may merge as early as next year. This is supported by changes in leadership and the introduction of the Pixel C laptop-tablet.

Q: What are the new features of the Apple TV?

The new Apple TV features a redesigned remote with multiple sensors and a touchpad for sliding control. It also supports universal search, voice control, and Siri integration.

Q: Why is Bitcoin's value rallying?

Bitcoin's value is rallying due to increased interest and investment. This could be a result of a self-correction in the market after numerous bitcoin-related startups received funding without a proven business model.

Summary & Key Takeaways

• Facebook is testing a new feature called Local Market, which allows users to browse or post items for sale. This feature could potentially rival Craigslist or Etsy.

• Chrome OS and Android may merge into one product, as indicated by changes in leadership and the announcement of the Pixel C laptop-tablet.

• The new Apple TV is now available in stores, featuring a redesigned remote and its own app ecosystem.

• Bitcoin's value is rallying, reaching its highest point of the year at around $320 per coin.

• Amazon is shutting down its daily deals platform, following the trend of other companies moving away from the model. However, it will still offer other types of deals on its main website.