The U.K. cloud market has been thrust firmly into the regulatory crosshairs, with news that the Competition and Markets Authority (CMA) is launching a full-scale investigation into whether the big cloud infrastructure companies make it difficult for businesses to switch, or use multiple providers. The news comes a full year after Ofcom revealed it was […]
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Bolt.Earth, an Indian startup that offers charging infrastructure and software solutions for electric vehicles, has raised $20 million in a funding round to expand its presence within the South Asian nation and enter into new markets. The Bengaluru-based startup has raised fresh capital from its existing and new investors, including Union Square Ventures, Prime Venture […]
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X, formerly Twitter, has started cutting headlines from link cards on the iOS app and on the web. This means you will see just an image with the domain name of the link on the bottom left, which is easy to miss. The move is part of Elon Musk’s efforts to get users to post […]
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Amazon has shut down its Clubhouse competitor’s live radio app Amp almost 18 months after its launch. The app allowed users to play DJ and provide commentary alongside playing tracks. The company’s lead for digital music, Steve Boom, sent a memo internally saying the decision to shut down the platform “only became clear after months […]
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The criminal trial of former cryptocurrency magnate Sam Bankman-Fried completed its second day on Wednesday. The prosecution and defense both gave opening statements, and interviewed the first two witnesses, including a customer of FTX and Bankman-Fried’s former friend and ex-Alameda and FTX employee Adam Yedidia. The prosecution painted Bankman-Fried as someone who knowingly committed fraud […]
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The second day for Sam Bankman-Fried’s trial was filled with jury selection, opening statements and testimonies from the first two witnesses, with a peek into what may be in store. His lawyers arrived at the court room 10 minutes before clock-in time, around 9:20 am. Bankman-Fried followed shortly after. Although he was once known for […]
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ElectraMeccanica, former maker of three-wheeled electric vehicles, said on Wednesday that it has “terminated” its plan to merge with Tevva, which makes hydrogen-electric trucks (not sandals). ElectraMeccanica said its board decided unanimously to bin the deal over “multiple incurable breaches of the agreement by Tevva.” The alleged breaches include “failures by Tevva” to share “material […]
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Bird, the shared micromobility company that was delisted from the New York Stock Exchange last week, is issuing another round of layoffs, according to an email interim CEO Michael Washinushi sent to the company. TechCrunch has viewed the email. TechCrunch has been unable to confirm the number of people affected by the layoffs. Bird has […]
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Opsera, a DevOps platform geared toward enterprise clients, today announced that it raised $12 million in a funding round — a tranche smaller than Opsera’s previous — led by Taiwania Capital with participation from Clear Ventures, Felicis Ventures and others. Bringing the company’s total raised to $31.3 million, the new cash will be put toward […]
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Mainstream social media platforms could face limits on their ability to take down independent journalism that violates their terms and conditions under a proposal agreed by European Union lawmakers yesterday. In a vote Tuesday, the European parliament set its negotiating position for upcoming talks with the Council on the bloc’s draft Media Freedom Act — […]
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Recent incidents, such as the breach at MGM Resorts, serve as stark reminders of the potential consequences of inadequate security measures.
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Uber is expanding its peer-to-peer package delivery service, Uber Connect. Now, customers who don’t want to schlep a package to the post office can request an Uber courier to do it for them with the new ‘Return a Package’ feature. Uber couriers can pick up five packages at a time to be delivered at your […]
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The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading payment method globally in e-commerce, with a 49% share, according to […]
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