Apple has been fined another €5 million in the Netherlands after the country’s antitrust watchdog said the tech giant is applying “unreasonable” conditions to local dating app providers which want to make use of non-Apple payment technology in their apps. Apple’s total fine, including earlier penalties for failing to comply with the regulator’s order, now
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Last week, Samsung killed the Note once and for all. It was a symbolic move. For all intents and purposes, the phone will live on as the Ultra tier of the company’s Galaxy S line. But it represents the end of an era for the decade-old brand. It’s also another opportunity for the company to
Alphabet CEO Sundar Pichai sits down with Emily Chang on this episode of “Bloomberg Studio 1.0” to discuss his company’s $2 trillion valuation, artificial intelligence, the metaverse, climate change initiatives, China and data privacy. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily
Open finance continues to be a significant theme in the world of fintech as businesses tap APIs to access customers’ financial accounts and provide a gamut of integrated and embedded financial services. In the latest development, Stitch — one of the prominent players building and operating these APIs in Africa — confirmed to TechCrunch that
Gaia is a startup that is effectively out to ‘de-risk’ the whole process of IVF fertility treatment, using products like personalized insurance and payment plans. It’s almost BNPL for babies — but not quite. It’s now closed a $20 million Series A funding round led by London’s Atomico. Previous investors were Kindred Capital, Seedcamp, and
Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies, and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest of Africa. The round was led by Global Ventures and Ventures Platform, with participation from Ingressive Capital, Voltron Capital, Opeyemi Awoyemi’s (Jobberman co-founder) Angel Syndicate
The Indian government-run insurer Life Insurance Corporation of India filed draft papers with the market regulator on Sunday, announcing its plans to sell 5% of its shares to raise nearly $8 billion in the country’s biggest IPO. The Narendra Modi’s government plans to sell about 316 million shares in the wholly-owned insurer, the draft prospectus
Papier, a startup leveraging technology to bring very non-tech products into the world, has raised some funding to continue expanding its business on the heels of strong demand for its personalized notebooks, planners, cards and other paper-based stationary that it sells online. The London startup has raised $50 million, a Series C that it will
Welcome to my new weekly fintech focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on all things startups! And if you want to have this hit your inbox directly once it turns into a
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. In the beginning of the pandemic, we learned which companies were unprepared to handle a cataclysmic event. Now, as the world slowly starts to reopen in light of vaccinations, we’re learning which
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the
Amit Anand Contributor Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. More posts by this contributor Predicting the next wave of Southeast Asia tech giants Investors are doubling down on Southeast Asia’s digital economy It was only a matter
In the beginning of the pandemic, we learned which companies were unprepared to handle a cataclysmic event. Now, as the world slowly starts to reopen in light of vaccinations, we’re learning which companies that soared during the pandemic also lost their discipline amid it. Over the past two years, tech rightfully became more critical than
Germany-based construction tech startup Cosuno has raised a $30 million Series B led by U.S. growth equity firm Avenir Growth. Spark Capital and Cherry Ventures, which led the Series A six months ago, also participated. Cosuno now says its valuation is put at $150 million. Construction is one of the largest industries in the world
Hello and welcome to Daily Crunch for Friday, February 11, 2022! Today we’re talking big rockets, self-driving cars, tech stocks getting rekt, and more. It’s a fun, and good mix of news. Enjoy! – Alex The TechCrunch Top 3 Rocketship, or big vapor phallus? At an event about SpaceX’s huge Starship launch system, more questions
The number of startups building buy now, pay later (BNPL) services is long. Just this year we’ve seen French BNPL startup Alma raise a $130 million equity round, BillEase raise $11 million for BNPL in the Philippines, Lipa Later raise $12 million for the same effort in Kenya, and ThankUCash raise $5.3 million for fintech
Instagram is introducing a rolling out a “Your activity” tab that allows users to see and manage their activity on the app. The company started testing the feature late last year and is now rolling it out to all users worldwide. The new tab allows users to bulk delete their content and interactions. This includes
When someone knocks on your door waving a check for $17 billion, you have to let them in for a chat. But when presented with that very offer this week from a consortium of private equity firms, Zendesk’s board rejected the deal on grounds that it undervalued the company. In a statement, they said they were
There are plenty of competitors in so-called FMS (Farm Management Software), but so far no global dominant leader has emerged. Agrivi has raised $7.3M, Granular $24.9M and Farmlogs $37M. So there’s clearly plenty of scope for more. Now Estonia-based eAgronom, another FMS startup, has closed a $7.4 million Series A round led by Yolo Investments and ZGI Capital. Also
In the world of cybersecurity, you can’t secure something if you don’t know it’s there. Enter cybersecurity asset management, an admittedly unsexy fragment of the booming industry that investors have shown an ever-increasing appetite for over the past 18 months. The cybersecurity industry experienced what is being hailed by some as a “golden year” —
Utah-based proptech Homie has laid off one-third of its staff, according to reports. Hunter Richardson, former director of talent advisory and acquisition at Homie, posted on LinkedIn that he was among the one-third affected but declined to comment on his being let go. Homie was founded in 2015, and according to its CEO and co-founder
Tumblr is launching its second attempt at a monetization feature today. Rolling out in the U.S. now and soon globally, Tumblr Tips will let bloggers receive one-time payments from their supporters. Tumblr will not take a cut from these payments, though standard credit card fees (2.9% + $0.30) will apply. Tipping is available on web,
February 2014 seems so long ago. Bitcoin exchange Mt Gox shut down after it was hacked, the Nokia X was unveiled at Mobile World Congress, and Satya Nadella, president of Microsoft’s Server & Tools division, was promoted to the CEO spot, replacing Steve Ballmer. To mark the eighth anniversary of Nadella’s ascension, enterprise reporter Ron
Google’s dominance of the online ad market has been targeted by another antitrust complaint filed in the European Union by a coalition of publishers. This time it’s the European Publishers Council (EPC) — whose members include the CEOs of News UK, Condé Nast, New York Times, Axel Springer and The Guardian, among others — arguing
Artificial intelligence has infiltrated a number of industries, and the restaurant industry was one of the latest to embrace this technology, driven in main part by the global pandemic and the need to shift to online orders. That need continues to grow. In 2021, some 60% of Americans ordered takeout or delivery at least once
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We had the full crew aboard today for our live taping, headed by our killer production team Grace and Chris, and hosting crew Mary Ann, Natasha and Alex. Overall, it was a success? Our streaming tech took us to
Earlier this year YouTube CEO Susan Wojcicki laid out an overview of what the video behemoth was planning for the year ahead, including a strong hint that it was considering the introduction of NFTs for creators to connect in a different way with fans. Today, the site’s chief product officer, Neal Mohan, has published a
RedRoute, a voice-based customer service experiences and conversational artificial intelligence startup, is going after an emerging $350 billion customer service automation sector. When Brian Schiff, Sam Krut and Jacob Cooper founded the company in 2015, they were still undergraduates at Cornell University and it was initially an Uber-like social transportation app to help people find
The UK’s competition authority has accepted commitments from Google over how it develops the post-cookie future of interest-based ad targeting online under its self-styled “Privacy Sandbox” proposal. In an announcement today, the Competition and Markets Authority (CMA) said it is satisfied that the legally binding commitments secured from Google will ensure that the evolution of
Tiger Global-backed ShareChat and Times Internet-owned on-demand video streaming service MX Player have agreed to “strategically merge” their short video apps Moj and MX TakaTak, the two firms said Thursday, in a move they said would create India’s largest short-video platform. The deal is structured this way: MX Media, the parent firm of MX Player