The complex onboarding and user experience is the price people pay to use decentralized apps – and it’s also one of the reasons why most are not using those services. A top Indian crypto exchange wants to fix that for users worldwide. CoinDCX on Friday launched Okto, a mobile platform that will host other decentralized
Social
Digital mortgage lender Better.com is conducting its fourth round of layoffs since December 1, 2021, multiple sources tell TechCrunch. The latest cuts reportedly affect all departments. Better.com is not exactly known for its tactful approach to letting employees go. And this week, the company — albeit accidentally — lived up to that reputation. Sources told
Mercedes-Benz began production of its first battery-electric SUV for the U.S. market on Thursday, fronting a movement expected to bring auto manufacturing onshore over the next decade. The 2023 Mercedes-Benz EQS SUV will be made at the automaker’s plant in Tuscaloosa, Alabama, using batteries supplied by a battery factory it opened nearby in Bibb County
The presence of various payment forms and providers is one reason why businesses in the Middle East/North Africa (MENA) region have operational challenges in managing revenue and collection. These businesses often use outdated methods such as Excel sheets to keep a record of these collections, especially subscription-based ones, or build in-house automation systems, therefore, they
Google announced today that Google Play Games for PC, a program that lets users play Android games on Windows, is now available to all users under an open beta in South Korea, Hong Kong, Taiwan, Thailand and Australia. The company introduced a limited test earlier this year with interested players getting to try out the
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
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
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
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
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
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. Hello, Crunch Bunch! Have you remembered to drink water today? You can’t live off coffee and Red Bull alone. Look after yourself, you good-looking but dehydrated startup nerds. We care about you,
This week on the TechCrunch Podcast Anita Ramaswamy is back to talk about Adam Neumann’s latest Andreessen Horowitz-backed startup and Amanda Silberling joins us to talk about teens flocking away from Facebook. And as always, we’ll catch you up on the tech news you may have missed this week. Articles from the episode: Other news from
Socar, South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Shares of Socar rose 1.25% from its IPO price of 28,000 won ($21.10) in the initial minutes of the debut, before tumbling to 26,300 won and giving the firm
Tesla will increase the price of its “full self-driving” beta software, the automaker’s advanced driver assistance system (ADAS), in North America to $15,000 on September 5, CEO Elon Musk tweeted Sunday. The celebrity executive said the current price of $12,000 will be honored for orders made before September 5, but delivered later. Musk also tweeted
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous
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. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by
It’s been a week of people trying to make sense of what’s happening in tech. If you’ve been compartmentalizing: Cheers! Now let me walk you through what’s been going on. On Monday, WeWork founder Adam Neumann raised a seed round from Andreessen Horowitz for a new real estate company, reportedly at an over $1 billion
Wayfair, the online home goods retailer, announced today it was laying off close to 900 employees as a way to reprioritize investment needs and meet the company’s current needs. This comes after the company announced a hiring freeze back in May. The layoffs represent close to 5% of the company’s global workforce and 10% of
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. Fridayyyyyy. If you’re following the ups and downs of the crypto industry, you won’t want to miss this Twitter Space on Monday at 12:00 p.m. PDT/3:00 p.m. EDT. Senior crypto reporter Anita
Mining cryptocurrency is no easy task, but neither is finding a co-founder who is savvy and resilient enough to withstand the sector’s volatile nature. Whether you’re mining for a co-founder or your next round of funding, TC Sessions: Crypto, which takes place on November 17 in Miami, provides fertile ground for all your networking needs.
Lincoln revealed Thursday during Monterey Car Week its vision for future EVs — while commemorating its centennial year — with the debut of the Lincoln Model L 100 concept, an autonomous, battery-electric grand tourer that pays homage to the brand’s first luxury vehicle, the 1922 Model L. The futuristic and massive concept has an aerodynamic,
Longevity-focused startups have been proliferating in recent years as we become more focused on our health. However, it’s not just about apps to get you in the gym. Longevity startups can range from biotech-oriented disease prevention to organ regeneration. The Aging Analytics Agency estimates that global investments in longevity-focused startups hit more than $40 billion
Max Brenner Contributor Max Brenner is part of the founding team at Compound, which specializes in helping tech founders and employees manage their financial lives. It’s the classic startup employee dream. You’ve worked hard for years, finally built your company equity into something big and now you’re finally ready for a payout. Financial institutions struggle
Kimberly Bryant is officially out from Black Girls Code, eight months after being indefinitely suspended from the organization that she founded. In a statement provided to TechCrunch, a Black Girls Code spokesperson writes that it “believes the decision to remove Ms. Bryant as CEO and as a board member is in the best interests of
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. Hellooo, Crunchy McCrunchface! (What we’re calling the readers of the Daily Crunch is still a work in progress.) Super psyched to share something double-plus-awesome with you: The culmination of months of work
Google Cloud announced this week that it’s shutting down its IoT Core service, giving customers a year to move to a partner to manage their IoT devices. The announcement appeared at the top of the IoT Core web page this week with little fanfare. The company also sent an email to customers announcing the change.
The Inflation Reduction Act, which President Joe Biden signed into law Tuesday, says that if automakers want their electric vehicles to be eligible for tax credits, they’ll need to have final assembly in North America. The law, which takes effect immediately, ends credits for about 70% of the 72 models that were previously eligible, according
It was the fundraise heard around Twitter. Adam Neumann, the infamous entrepreneur behind WeWork, raised a stunning $350 million from Andreessen Horowitz for a yet-to-launch real estate company called Flow. The investment gave Neumann’s latest venture a more than $1 billion valuation, as reported by The New York Times, and came amid what is supposed
After a pandemic-driven cloud adoption boom in the enterprise, costs are finally coming under a microscope. More than a third of businesses report having cloud budget overruns of up to 40%, according to a recent poll by observability software vendor Pepperdata. A separate survey from Flexera found that optimizing the existing use of cloud services
Helbiz started out as a shared micromobility company but has since expanded to include ghost kitchens, media streaming and, most recently, a taxi service. The company reported its second-quarter earnings Monday after the bell. The startup was the first scooter operator to go public via the SPAC route, and many in the industry wish it wasn’t
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