| Tim Cook takes aim at online data collection, Yahoo agrees to a $50 million settlement over its years-ago security breach and Amazon's Alexa goes AWOL. Here's your Daily Crunch for October 24, 2018. 1. Apple's Tim Cook makes blistering attack on the "data industrial complex" "Our own information — from the everyday to the deeply personal — is being weaponized against us with military efficiency," Cook said during his keynote speech at the International Conference of Data Protection and Privacy Commissioners in Brussels. He added that Apple supports a comprehensive data privacy law in the United States, which would prioritize data minimization, transparency, the right to access and the right to security. 
2. Yahoo agrees to $50M settlement package for users hit by massive security breach This seems to be the end of the two-year lawsuit. (Also, obligatory reminder that Yahoo is now part of Oath, which owns TechCrunch.) 3. Amazon Alexa goes AWOL for many users Based on tweets and Down Detector, users began having trouble reaching Alexa around 7AM Pacific. While some had their connection issues resolved quickly, many others are still waiting. 4. Coinbase lets you buy and sell USDC stablecoin A USDC is a token that's worth exactly 1 US dollar, and its value is going to stay stable against USD. 5. Josh Kushner's Thrive Capital brings in $1B It's a good week to be Josh Kushner, venture capitalist, founder of the health insurance unicorn Oscar, brother to President Donald Trump's senior advisor Jared Kushner and son of real estate tycoon Charles Kushner. Days after he married supermodel Karlie Kloss, his VC firm announced the close of $1 billion in new capital. 6. FCC puts gigabit Wi-Fi on the roadmap by opening up new wireless spectrum Many of the WiFi devices we use now operate on what's called "unlicensed" bands of spectrum. Still, we could use more spectrum to fit more channels and higher-speed networks, among other things. 7. Dash Radio raises $8.8M as it reaches 10M monthly listeners For founder Scott Keeney (a.k.a. DJ Skee), streaming music and radio are two very different things. On the streaming side, Apple and Spotify dominate, and "there's not going to be room for much else." But when it comes to radio, he argued, "It's the wild, wild west." | 
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