Why isn't the daily scrum considered to be micromanagement?

Under any other circumstances expecting to get a daily update from developers would be considered micromanagement. Maybe even pico-management. (did I just invent a term?)

Even a weekly update was considered borderline micromanagement by many.

What changed that the daily scrum is acceptable, both to the engineers and the Project Managers?

^{(Future question: can this change (if it exists) be used for more frequent updates in a non-scrum setup?)}