India orders Vodafone Idea to convert government dues into $2 billion equity

The Indian government has ordered the telecom operator Vodafone Idea to convert all the interest it owes to the government into equity in the firm. Vodafone said it has been ordered to convert capital worth $1.96 billion into equity. The company “will take all necessary actions forthwith to undertake the aforesaid issuance,” Vodafone Idea disclosed […]

India orders Vodafone Idea to convert government dues into $2 billion equity by Manish Singh originally published on TechCrunch

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Is your startup heading to MWC? TechCrunch wants to hear from you

Nature is healing, the tech show is returning to in-person events. I’m not sure I’m entirely over CES less than a month after returning from Vegas, but we’re already in full planning mode for TechCrunch’s return to Barcelona. We’ll be sending an extremely scaled down team to this year’s event, but while we’re in Catalonia, […]

Is your startup heading to MWC? TechCrunch wants to hear from you by Brian Heater originally published on TechCrunch

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Grocery deliverer JOKR doubles down on Brazil as it secures $50M on $1.3B valuation

JOKR hit gross-profit status last April, but was swept into the challenging economic environment that affected the instant grocery delivery sector over the past year.

Grocery deliverer JOKR doubles down on Brazil as it secures $50M on $1.3B valuation by Christine Hall originally published on TechCrunch

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Apple stock drops on rare Q4 earnings miss

Apple has thus far been lauded for a deliberate hiring approach that saved the company from the mass layoffs conducted by top competitors like Alphabet and Amazon. But not even the iPhone maker is immune from economic headwinds. In quarterly earnings posted today, the company notched its first year-over-year loss since prior to the pandemic. […]

Apple stock drops on rare Q4 earnings miss by Brian Heater originally published on TechCrunch

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Car-sharing SPAC Getaround lays off 10% of staff

Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability and long-term growth,” the company said in a statement. Per LinkedIn, Getaround has 421 employees, so the staff cuts should affect around 42 employees. Getaround did […]

Car-sharing SPAC Getaround lays off 10% of staff by Rebecca Bellan originally published on TechCrunch

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Daily Crunch: Hundreds of Salesforce workers laid off in January just discovered they were out of work today

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Hundreds of Salesforce workers laid off in January just discovered they were out of work today by Christine Hall originally published on TechCrunch

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Apple’s hardware VP on the HomePod’s return

Maybe nothing ever truly dies in Apple land. The Mac Pro went on an indefinite hiatus as the hardware design team regrouped and reengineered. MagSafe appeared to be gone forever, only to be reborn in altered form on MacBooks of recent vintage. Various models and sizes across different lines have been phased out, only to […]

Apple’s hardware VP on the HomePod’s return by Brian Heater originally published on TechCrunch

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ToolJet, an open source low-code app builder, wants to help companies do more with less

“Do more with less” has emerged as something of a business mantra over the past year, as businesses across the industrial spectrum have faced growing economic headwinds. Companies have been looking for ways to cut spending without jeopardising their output, which is also having a significant knock-on effect. Indeed, most of the big tech companies […]

ToolJet, an open source low-code app builder, wants to help companies do more with less by Paul Sawers originally published on TechCrunch

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Want to buy an EV or heat pump? New coin will help you defray the costs

Fintech startup Future offers a debit card that incentivizes climate-friendly purchasing behavior, and today it’s introducing a way to let people sell their own carbon credits.

Want to buy an EV or heat pump? New coin will help you defray the costs by Tim De Chant originally published on TechCrunch

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Lyft wants to reshape shared micromobility with dockable e-scooter

Lyft wants to see a more organized shared micromobility landscape, with fewer free-floating scooters and more dependable, docked vehicles. To help achieve this vision, the company revealed Thursday its next-generation dockable e-scooter and updated docking stations. While mainly a ride-hail operator, Lyft also provides docked bikeshare programs in eight cities across the U.S. Last year, […]

Lyft wants to reshape shared micromobility with dockable e-scooter by Rebecca Bellan originally published on TechCrunch

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Financial software firm Ion Group battles LockBit ransomware attack

Ion Group, a Dublin-based software company that helps financial institutions automate their critical business processes, has been hit by a ransomware attack that forced several European and U.S. banks to revert to manual processes. The cyberattack, which TechCrunch learned about on Tuesday, affected Ion’s Cleared Derivatives division, which provides software for automating the trading lifecycle […]

Financial software firm Ion Group battles LockBit ransomware attack by Carly Page originally published on TechCrunch

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‘Keep Lex filthy’: Users react to queer dating app’s new direction

Lex, the hookup and social app that launched in 2019 with a nod to lesbian personal ads from the 80s, is changing. Only, precisely how much will change is still an open question. Sure, the venture-backed startup behind the queer app gave it a new lick of paint last week, but in refocusing on “friends […]

‘Keep Lex filthy’: Users react to queer dating app’s new direction by Harri Weber originally published on TechCrunch

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Disclo aims to inspire inclusive workplaces – starting with disability accommodations

Disclo CEO and co-founder Hannah Olson was diagnosed with Lyme disease when she was in college. At the time, she didn’t really see herself as someone with a disability, even though it meant spending hours each day hooked up to an IV. When she entered the workforce, she soon was confronted with the difficulties of […]

Disclo aims to inspire inclusive workplaces – starting with disability accommodations by Natasha Mascarenhas originally published on TechCrunch

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‘Inaudible’ watermark could identify AI-generated voices

The growing ease with which anyone can create convincing audio in someone else’s voice has a lot of people on edge, and rightly so. Resemble AI’s proposal for watermarking generated speech may not fix it in one, but it’s a step in the right direction. AI-generated speech is being used for all kinds of legitimate […]

‘Inaudible’ watermark could identify AI-generated voices by Devin Coldewey originally published on TechCrunch

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Daily Crunch: Netflix’s new sharing restrictions force subscribers to select a primary viewing location

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Netflix’s new sharing restrictions force subscribers to select a primary viewing location by Christine Hall originally published on TechCrunch

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