Changes to Google’s storage policies, an extension of Facebook’s political advertising restrictions, and a recall of Ring doorbells mark the key developments. This is your Daily Crunch for November 11, 2020.

Key development: Google Photos to discontinue unlimited free storage

Google is revising its storage policies for complimentary accounts, a change that will affect individuals who frequently utilize Google Photos.

Currently, Google Photos permits users to store an unlimited number of images (and high-definition videos) provided they are 16 megapixels or smaller. Beginning June 1, 2021, all newly uploaded photos and videos will contribute to the 15 gigabytes of free storage allocated to all users with a standard Google account.

Google estimates that the typical user will require approximately three years to exhaust their 15 gigabytes of storage, at which point they will need to either delete content or subscribe to a Google One plan. Effective June 1, files created in Docs, Sheets, Slides, Drawings, Forms, and Jamboard will also be included in the overall storage calculation.

Major technology companies

Facebook prolongs its temporary suspension of political advertisements for an additional month — The company states that this temporary prohibition will remain in effect for at least one more month.

ByteDance petitions federal appeals court to overturn U.S. order mandating TikTok sale — TikTok’s parent organization affirms its dedication to reaching a mutually agreeable resolution and will only challenge the government’s directive to sell the platform “if negotiations stall.”

Ring doorbells subject to recall due to fire hazard — The recall follows 23 reported incidents of fire and eight reports of minor burn injuries.

Startups, financing, and venture capital

SentinelOne, a cybersecurity company leveraging artificial intelligence, confirms a $267 million funding round at a $3.1 billion valuation — SentinelOne’s Singularity platform monitors and protects laptops, smartphones, and other network-connected devices and services.

E-commerce venture Heroes secures $65 million in equity and debt to emulate Thrasio’s success in Europe — The company focuses on acquiring and expanding successful Amazon businesses.

Seedcamp obtains £78 million for its fifth investment fund — This new fund expands the firm’s capacity to invest in companies at the pre-seed and seed stages.

Insights and analysis from Extra Crunch

Dear Sophie: How will Biden’s victory impact tech immigration? — Immigration attorney Sophie Alcorn analyzes the potential effects of the presidential election on U.S. immigration policies and reforms.

Greylock’s Asheem Chandna discusses ‘shifting left’ in cybersecurity and the future of enterprise startups — The landscape of enterprise software is evolving at an accelerated pace this year.

Square and PayPal earnings reports offer mixed signals for fintech startups — Square’s financial results provide insights into consumer spending habits, card utilization, and investment activity.

(Please remember: Extra Crunch is our subscription service, designed to provide accessible information about startups. You can register here.)

Other news

Honda plans to begin mass production of Level 3 autonomous vehicles by March — Honda asserts it will be the first automotive manufacturer to mass-produce vehicles with autonomous features meeting SAE Level 3 standards.

UK political party data audit reveals numerous deficiencies — The audit alleges that parties are not adequately disclosing to voters how they are being subtly profiled and targeted.

The Daily Crunch is TechCrunch’s compilation of its most significant and noteworthy stories. To receive this summary in your inbox daily around 3pm Pacific Time, you can subscribe here.