Odds and Ends 

Daily Crunch: Facebook will pay $5B fine

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook settles with FTC: $5 billion and new privacy guarantees Although in line with what was reported before the official announcement, the FTC notes this is the largest fine for any company violating consumer privacy. In addition to the payment, Facebook has agreed to new oversight, with a board committee on privacy covering WhatsApp and Instagram,…

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Daily Crunch: Apple in talks to buy Intel modem biz

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Apple reportedly in talks to acquire Intel’s modem business for $1B+ Apple is in “advanced talks” to buy Intel’s smartphone modem business for “$1 billion or more,” according to a new report in The Wall Street Journal. This deal could potentially bring Apple hundreds of engineers and key patents, and that could allow the company to…

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