Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: Which immigration options are
Month: August 2022
India has lifted business restrictions on American Express, once again permitting the U.S. giant to onboard new customers in the South Asian market after the firm demonstrated “satisfactory compliance” with local data storage rules, the local central bank said Wednesday. In a series of moves last year, the Reserve Bank of India indefinitely barred Mastercard, American Express
Collage-style video “mood boards” are going viral on TikTok — and so is the app making them possible. Pinterest’s recently soft-launched collage maker Shuffles has been climbing up the App Store’s Top Charts thanks to demand from Gen Z users who are leveraging the new creative expression tool to make, publish and share visual content.
The explosive Twitter whistleblower complaint that was made public yesterday — detailing a raft of damning allegations across security, privacy and data protection issues (among others) by Twitter’s former former head of security, Peiter “Mudge” Zatko — contained references to European regulators along with claims that the social media firm had misled or intended to
Chinese smartphone titan Oppo will keep Germany as its main operational hub for its European business despite recently withdrawing sales from the country, Billy Zhang, the firm’s vice president of overseas sales and services, told media on Monday. Oppo halted sales in Germany this month after losing a patent lawsuit to the Finnish telecoms giant
Amazon announced the launch of Alexa Game Control, allowing gamers to play games by using their voice. “Dead Island 2” will be the first game to be compatible with Alexa Game Control, with other games to follow. Gamers can yell at zombies now! Alexa Game Control gives users an accessible, hands-free option that allows for
AI copywriters are getting a lot of attention from investors. A couple that have recently raised funding include Copy.ai and Copysmith. Now Scalenut is entering the arena with a $3.1 million funding round led by Saama Capital and Amit Singhal, formerly a senior vice president at Google and head of Google Search. Launched earlier this
Update August 24, 2022, 6:10 AM ET: A Facebook spokesperson said that the bug was caused by a configuration change and it “caused some people to have trouble with their Facebook Feed,” and the company has now fixed the error. The original story follows Facebook said Wednesday that it’s aware that some users are seeing
When March 2020 rolled around, Jonathan Goldberg figured his new startup, Carbon Direct, was in for a long slog. The COVID pandemic was beginning to upend the world, and it suddenly didn’t seem like a great time to launch a business. “I thought we would have no clients,” he said. He needn’t have worried. Microsoft,
TechCrunch+ dug into the late-stage funding market yesterday using recent data from Carta to explore how the largest startup rounds are changing. Catching up those who missed the piece: We are seeing late-stage startup rounds shrink rapidly, even if valuations for the startups closest to going public are proving stickier than we perhaps expected. Today
Servify, a startup that manages lifecycle of devices for several popular smartphone vendors including Apple and Samsung in many markets, has raised $65 million as it eyes becoming a public company in two years. Singularity Growth Opportunity Fund led the Mumbai-headquartered startup’s Series D funding. AmTrust and family offices including Pidilite and existing investors Iron
We all knew this day was coming. With the film world hungry for failed tech fodder on the heels of titles like The Drop Out and WeCrashed, some producer was bound to hit upon BlackBerry on the way to the inevitable 20-part Juicero miniseries. The beloved and beleaguered smartphone firm formerly known as Research in
Tier Mobility, the German micromobility giant that recently acquired Spin from Ford, is laying off 16% of staff, or 180 people, according to a LinkedIn post by CEO Lawrence Leuschner and an open letter from the executive that has been viewed by TechCrunch. “Ultimately, we have to respond to the current economic and funding climate,
Turning one-time customers into repeat buyers takes on heightened importance during a downturn. Acquiring one new user can be a heavy lift, but finding ways to reduce friction during shopping and checkout is a proven method for boosting the lifetime value of existing customers. An important note: One study found that password difficulties cause nearly
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Goood [time of day] dear [name]. You know what we’re psyched about? The agenda for TC Disrupt just dropped, and it’s going to be an absolute corker of an event. Aaaah. Check
Toyota has joined the growing list of automakers that have recognized the state of California’s authority to set vehicle emissions standards under the U.S. Clean Air Act. The move will make the Japanese automaker eligible for government fleet purchases by California. “Toyota continues to share the vision of greenhouse gas (GHG) reduction and carbon neutrality
His hedge fund investors didn’t want to listen to him when, in 1999, Julian Robertson questioned the sanity of the prices being paid for shares in nascent internet companies. So months after being berated for 15 minutes at an annual shareholders meeting at the Plaza Hotel in New York in October 1999, he began the
You have your work in front of you, a cup of coffee on your desk, some gentle tunes without words playing on the stereo and you’re ready to do some work. Your phone buzzes, and 90 minutes later you look up filled with self-loathing and regret. Your coffee is cold, the cursor on your Word
Adani Group said Tuesday it will buy a majority stake in NDTV, a high-profile Indian news house, in an apparent hostile takeover as the billionaire Gautam Adani expands his media ambitions. AMG Media Networks, Adani’s unit, will indirectly purchase a 29.18% stake in New Delhi Television and launch an open offer to buy another 26%
Lest there be any doubt some startups are riding high even amid the macroeconomic uncertainty, process mining software vendor Celonis today announced that it secured a whopping $1 billion in additional capital at a $13 billion post-money valuation, a mix of equity ($400 million) and debt (a five-year $600 million credit line). Technically an extension
Jonathan Naymark Contributor Jonathan Naymark is the general manager of Codecademy for Business at Codecademy, an online learning platform that offers courses across web development, data science, cybersecurity and more. Launching a B2B product within a B2C company presents distinct challenges as you attempt to strike a balance between successfully establishing a new product and
Twitch is lifting its exclusivity agreement that prevented its partners from streaming on other services, the company said in an email to partners on Tuesday. Starting today, partners can now stream on YouTube, Facebook Live and more, just not while streaming on Twitch at the same time. “When we first developed the Partner Program, we
Meta, formally Facebook, has officially rolled out what it’s calling Meta accounts and Meta Horizon Profiles. The global launch will be gradual, but both “accounts” are to be used in place of the personal social media account logins — Facebook and Instagram — once used to log in to the company’s virtual reality (VR) system.
As developed-world populations increasingly get older, healthcare is being rapidly digitized and “platformized” in order to meet the huge scale of change heading our way. I recently covered how Cera in the U.K. just raised $320 million to shift monitoring of patients into the home rather than over-flowing hospitals. Now another startup aims to create
Apple this morning is rolling out iPadOS 16.1 beta to enrolled developer devices. It’s a break from the standard release cadence, which has tied together the tablet operating system with its smartphone counterpart, iOS, since its first release in 2019. In a comment to TechCrunch, the company notes, “This is an especially big year for
The premiere of the “Game of Thrones“ prequel “House of the Dragon” on Sunday made history for HBO and HBO Max and drew the largest audience for any new HBO original series, with 9.986 million viewers across linear and streaming in the U.S. Warner Bros. Discovery announced the news on Monday, citing that the premiere
Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February
Indian crypto exchange WazirX’s co-founder Nischal Shetty is in advanced stages of talks to raise a maiden funding round for his new venture, sources familiar with the matter told TechCrunch. Shetty is raising $20 million to $30 million in a seed financing round for his blockchain startup Shardeum, sources said, requesting anonymity as the deliberations
Telegram founder Pavel Durov said Monday that he wants to integrate web3 into the messaging app. Durov said on his Telegram channel that he was impressed by the TON project — an independent project not affiliated with Telegram — and how it is used for domain name/wallet auctions. He noted that Telegram can replicate TON’s
More funding for sustainability reporting: Sweden’s Worldfavor, an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas. The Series A was led by SEB Private Equity, which
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