Amazon is engaging with Times Internet to explore the acquisition of MX Player, one of the largest on-demand video streaming services in India, according to four sources familiar with the matter, as the American e-commerce group eyes expanding its entertainment ambitions in the key overseas market. The deliberations are ongoing and may not materialize into
Month: February 2023
Back in August, our own Ron Miller covered the $6 million seed round of Spinach, a company that’s building out its meeting tool designed specifically for engineers using agile methodology to run stand-up meetings online. It caught my eye at the time: There is no shortage of meeting tools, and I was curious about what
Last year was a good 12 months of firsts for African tech startups. For the first time, the sector attracted over 1,100 unique investors in 2022, which in turn resulted in a record fundraising haul of $6.5 billion, according to data from Partech. In fact, even some of the excesses of 2021 were eclipsed when
Fintech startup Atlantic Money is rolling out its international money transfer service to more markets and more platforms. The company originally started in the U.K. with GBP as the base currency and nine different currencies on the recipient’s side. Since then, the company has expanded and is now live across 29 European countries. Users can
Yahoo is laying off 20% of its staff, impacting 1,600 employees in its ad tech business. Yahoo is the parent company to TechCrunch. Employees were notified on Thursday that 12% of the company (1,000 employees) would be laid off before the end of the day. In six months, another 8% — or 600 people —
Funding to U.S.-based AI companies with at least one woman founder has steadily increased over the past few years, according to Crunchbase data. Last year, such companies raised $3.61 billion out of the $23.5 billion allocated in total to U.S. AI startups, or around 15.38%. That is a steady year-over-year increase. In 2021, for example,
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Bonjour, crunchy folks! It was a bit of a tense morning at TechCrunch HQ this morning: The news broke that the company that owns TechCrunch, Yahoo, announced it is laying off 20%
Lunar, a neobank out of Denmark, last year raised money at a $2.2 billion valuation from a splashy set of investors that included Heartland, Kinnevik, Tencent, IDC Ventures and comedian Will Ferrell, to fill out its ambition to build a financial “super app.” Times being tough for startups right now, Lunar has raised yet again,
Regardless of if you’re tuning into the Super Bowl this Sunday to watch the NFL championship game between the Philadelphia Eagles and the Kansas City Chiefs or if you just want to watch Rihanna perform, there are plenty of ways for viewers to watch this year’s Super Bowl. The Super Bowl LVII takes place on
This is a tale as old as time: a small e-commerce owner wants to build a great landing page for their company, but the available tools only get them so far, and they don’t have the funds to hire a developer. This is where Replo comes in, offering a low-code web platform and marketplace so
French startup Blobr raised a $5.4 million funding round (€5 million) led by German VC firm 10x Founders a couple of months ago. The company calls itself the ‘Shopify for APIs’, which is a good way to sum up what it does indeed. Companies that have an API and want to start selling API access
Meet Wikifarmer, an agriculture-focused startup based in Athens that has an interesting two-sided strategy. On the one hand, Wikifarmer is a source of knowledge with high-quality content translated into 16 languages to help farmers all around the world. On the other hand, Wikifarmer is a B2B marketplace to buy and sell agricultural products. And this
It’s a couple of years since DJI first launched its Mavic Mini, and last year it brought the Mini 3 Pro. It’s utterly confusing why the current drone is called the Mini 2 SE, but in any case, it’s the newest flying creature in the hovering menagerie that is the DJI line-up. The drone has
Today, Sling TV announced the launch of its free ad-supported streaming TV service, Sling Freestream, which offers access to over 210 channels and more than 41,000 on-demand movies and TV shows across a variety of different genres, including news, sports, crime, home improvement, cooking and more. At launch, Sling Freestream is available through the Sling
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello, you crunchy delights, Dunno ’bout you, but we’re getting a little excited about our TC Early Stage event in Boston on April 20, and Darrell just announced the first group of
Uber alums’ engineering analytics startup Hatica has raised $3.7 million in a funding round led by Sequoia India and Southeast Asia’s Surge, they said Thursday. The San Francisco-headquartered startup aims to boost the productivity and well-being of developers by helping them better understand how they are spending their time with detailed engineering analytics. “There was
Meet Dotfile, a new startup backed by eFounders that just raised a $2.7 million funding round (€2.5 million) to help companies verify users and other companies with a single application programming interface (API). Serena is leading the funding round through its V13 Invest fund (backed by FDJ). Kima Ventures, Pareto Holdings, Super Capital, Upscalers, Polymatter
Disney’s first quarter with CEO Bob Iger back in command isn’t looking so good. Disney announced its Q1 2023 earnings today, reporting a total of 161.8 million Disney+ global subscribers, a decrease of 2.4 million subs from 164.2 million in the previous quarter. This is the streamer’s first subscriber loss since launching in 2019. The drop
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals, is business as you’ve
Compliance is a must but also a means to an end Anna Heim 9 hours SaaS startups are working on acquiring enterprise clients earlier than they used to, and this is changing their road map. “What I’ve seen is more and more companies are launching with table stakes enterprise features [ … ] whereas those
The promise of alternative meat products has been under scrutiny lately, with articles in Bloomberg and the Washington Post questioning if it’ll ever be truly embraced by consumers. Other news like the drop in Beyond Meat’s stock price and mass layoffs at Impossible Foods have cast further questions on the industry’s future. Amid all this
After sparking California’s second-largest wildfire ever, and dozens more in recent years, it’s no secret that Pacific Gas and Electric (PG&E) — one of the nation’s largest utilities — is interested in alternatives to aboveground transmission lines. One option touted by PG&E is to bury thousands of miles of power lines in “high fire-threat areas.”
These days climate investing is hot – if you will pardon the awful pun – but the days of just raising a fund and calling it “climate focused” are well and truly over. The market is sorting out the “wheat from the chaff” and if a VC fund can’t prove that it can back-up its
There’s a lot to be said for consistency in this world. There’s also a lot to be said for realistic expectations. OnePlus should be applauded for both. While it’s true the company has had various stumbles over the years and the Oppo transition hasn’t been seamless, one can generally rely on the phone maker for
Netflix today announced it’s rolling out paid sharing, otherwise known as Netflix’s crackdown on password sharing, to more countries, including Canada, New Zealand, Portugal, and Spain. The company had previously tested paid sharing in select markets, including Chile, Costa Rica, Peru, and elsewhere in Latin America. It’s also now offering a few details about how
The rise of streaming architectures — frameworks of software components built to ingest and process large volumes of data from multiple sources — is driving the demand for better reliability and performance. Engineering teams often encode data to improve app performance by using what are known as “message envelopes.” But these add complexity — and
Jacob Beckerman, a former investment logic engineer at Bridgewater Associates, grew frustrated using standard document apps like Acrobat and Microsoft Office to print out and mark up documents. He wondered why there wasn’t a way to read and write on a PC that felt as fluid as paper, which led him to experiment with PDF
European data protection regulators are “engaging” with Twitter following a series of complaints from users that it’s ignoring requests to delete their direct messages, TechCrunch has learned. Concerns over the privacy and security of Twitter DMs — which are not end-to-end encrypted (E2EE) — has grown since Elon Musk’s takeover of the company last fall,
Super Bowl ads make strange bedfellows. Half a week out from The Big Game™, Google just dropped their spot. This time out, the company’s Pixel 7 is in the spotlight — specifically the smartphone’s impressive AI imaging features. Legally, one can’t have a Super Bowl spot without enlisting celebrities, so the company hired musician Doja
Today, Roku and DoorDash announced a multi-year partnership in the U.S., Canada and Mexico to give Roku users six months of complimentary DashPass, as well as interactive shoppable ads for DoorDash businesses in the U.S. Now, new and existing Roku members with linked streaming or smart home devices can get $0 delivery fees on DoorDash
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