The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA says that the deal could lead to higher prices for consumers, while also impact future infrastructure investments. However, the CMA has given both parties a token five […]
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Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel and FONGIT: the State of […]
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The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”: “Apple deploys privacy and security justifications as an elastic […]
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WhatsApp announced Thursday that users can now pin up to three messages in a chat to access them easily. Until now, users could pin only one message on top of a conversation with a contact or a group. Both Meta CEO Mark Zuckerberg and WhatsApp head Will Cathcart announced this feature on their respective WhatsApp […]
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After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable number given a background of war and economic uncertainty. The VC originally emerged from the founders of the Ecosia independent search engine, where search enquiries funded the planting of […]
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Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the cofounders, much of the staff, and the rights to use the tech hasn’t been publicly revealed. And Microsoft declined comment when asked. But unnamed sources tell the Information that it’s plunking out approximately […]
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Crafting the perfect venture capital pitch is so simple that there’s an industry of consultants to help founders get their decks in order. TechCrunch has a long-running series of Pitch Deck Teardowns to help founders, and you can find an infinite number of Twitter threads on the subject. Easy, right? If only it were so. […]
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Microsoft has long garnered plaudits for its focus on accessibility. It’s a large segment of the population that is too often disregarded as an afterthought when it comes to product design. The company has offered accessibility-focused Xbox peripheral for some time and has introduced the Adaptive line of computing peripherals roughly this time last year. […]
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The United States Department of Justice this morning filed a lawsuit accusing Apple of monopolistic smartphone practices. Seventeen state attorneys general joined the federal department in the massive suit. “Consumers should not have to pay higher prices because companies violate the antitrust laws,” U.S. Attorney General Merrick Garland said in a statement issued with the […]
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DoorDash is expanding its partnership with Alphabet’s Wing to bring its drone delivery pilot to the U.S., the company announced on Thursday. Select users in Christiansburg, Virginia will be able to order eligible menu items from their local Wendy’s. DoorDash first launched its drone delivery pilot program in Australia in 2022, where it is now […]
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Sameer Brij Verma, a high-profile investor at the Indian venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch. Verma plans to launch his own venture firm, with the inaugural fund expected to have a corpus of at least $150 million, a source familiar with the matter said. The move comes […]
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Chances are you may have noticed that many commercial vehicles are now electric vehicles — think about delivery vans, telecom minivans, utility maintenance trucks, etc. But there are still many diesel-powered commercial vehicles because it’s simply too expensive and too complicated to switch to an all electric vehicle fleet overnight. That’s why Pelikan Mobility has been […]
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Globally, a third of the food produced is lost or wasted, and in Kenya, that figure stands at between 20% to 40%. For Kenya, unlike the developed world, food loss, not waste, is the greater problem, with small-scale farmers, who account for 75% of the total agricultural output in the country, facing a myriad of […]
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