Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday, a new setback for the SoftBank-backed firms already struggling to improve their finances in the key overseas market. The guidelines, which for the first time bring modern-age […]
Hacker houses are making a comeback for entrepreneurs as remote work drags on. While founders are adapting to quarantine in style, a group of college women in their 20s aren’t waiting until they are done with undergraduate work to plunge into the lifestyle themselves. Started by college juniors Coco Sack and Kendall Titus, Womxn Ignite […]
Human rights NGO, Amnesty International, has written to the EU’s competition regulator calling for Google’s acquisition of wearable maker Fitbit to be blocked — unless meaningful safeguards can be baked in. The tech giant announced its intent to splash $2.1 billion to acquire Fitbit a year ago but has yet to gain regulatory approval for […]
The Exchange is technically off today, but we’re here anyway because there’s neat stuff in the world of startups and money to talk about. So, let’s yammer this morning about Slack’s new valuation and what the market is telling us about what the venerable SaaS company is really worth. The Exchange explores startups, markets and […]
We are hearing that a COVID-19 vaccine could be on the way sooner than later, and that means we could be returning to normal life some time in 2021. That’s the good news. The perplexing news, however, is that each time some positive news emerges about a vaccine — and believe me I’m not complaining […]
The U.K. is moving ahead with a plan to regulate big tech, responding to competition concerns over a “winner-takes-all” dynamic in digital markets. It will set up a new Digital Market Unit (DMU) to oversee a “pro-competition” regime for internet platforms — including those funded by online advertising, such as Facebook and Google — the […]
There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age. State-owned automaker SAIC Motor, a major player in China, […]
Black Friday approaches! In a year where asking Alexa what day today is feels totally normal, this Black Friday seems like it came out of nowhere. As we say pretty much every year, a lot of Black Friday deals are … not that good. While there are certainly deals to be found, there’s also a […]
Reset yer counters: Facebook has had to ‘fess up to yet another major ad reporting fail. This one looks like it could be costly for the tech giant to put right — not least because it’s another dent in its reputation for self-reporting. (For past Facebook ad metric errors check out our reports from 2016 […]
Thanksgiving for many is about eating, seeing family, reflecting and relaxing for the day. But for an increasing number of us, it also seems to be about shopping. Collectively, consumers in the U.S. spent a record $5.1 billion buying goods online yesterday, according to analytics from Adobe. The company’s marketing technology division is following online […]
AstraZeneca’s CEO told Bloomberg that the pharmaceutical company will likely conduct another global trial of the effectiveness of its COVID-19 vaccine trial, following the disclosure that the more effective dosage in the existing Phase 3 clinical trial was actually administered by accident. AstraZeneca and its partner the University of Oxford reported interim results that showed […]
Meet Bigblue, a French startup that just raised a $3.6 million seed round (€3 million) to build an end-to-end fulfillment solution in Europe. If you sell products on your own website and across multiple marketplaces, you can use Bigblue to handle everything that happens after a transaction. Bigblue doesn’t try to reinvent the wheel. Instead, […]
Following a request from Apple, Foxconn could be shifting production out of China for some iPad and MacBook models according to a report from Reuters. The new assembly lines would be based in Vietnam. As a recent investigation from The Information highlighted, both companies are intrinsically connected. The Taiwanese manufacturer is Apple’s main production partner. […]
U.S. Fertility, one of the largest networks of fertility clinics in the United States, has confirmed it was hit by a ransomware attack and that data was taken. The company was formed in May as a partnership between Shady Grove Fertility, a fertility clinic with dozens of locations across the U.S. East Coast, and Amulet […]
A new report by European consumer protection umbrella group Beuc, reflecting on the barriers to effective cross-border enforcement of the EU’s flagship data protection framework, makes awkward reading for the regional lawmakers and regulators as they seek to shape the next decades of digital oversight across the bloc. Beuc’s members filed a series of complaints […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. This week, we’re doing a first-ever for the show and taking a deep dive into one specific sector: Edtech. Natasha Mascarenhas has covered education technology since Stanford first closed down classes in the wake of […]
TikTok’s rise in the West is unprecedented for any Chinese tech company, and so is the amount of attention it has attracted from politicians worldwide. Below is a timeline of how TikTok grew from what some considered another “copycat” short video app to global dominance and eventually became a target of the U.S. government. 2012-2017: […]
“Hi, I’m Rivers from the band, Weezer,” Rivers Cuomo says with a slight smile and a wave. He turns away from the camera for a bit, before launching into his best infomercial pitch. “Imagine you’re on tour, and you’re sitting in your dressing room or your tour bus. You’re backstage. You have stage fright, you’re […]
An Amazon Web Services outage has a wide effect, Salesforce might be buying Slack and Pinterest tests new support for virtual events. This is your Daily Crunch for November 25, 2020. And for those of you who celebrate Thanksgiving: Enjoy! There will be no newsletter tomorrow, and then Darrell Etherington will be filling in for […]
Even in a normal year, the holidays can be an anxiety-inducing hellscape. In 2020, though — honestly, it’s hard to say what manner of climactic finale this historically rough year might have on tap. In honor of the one of the most epically rotten years on record, we’ve cobbled together a list of gifts that could go a ways toward helping folks make it triumphantly across the finish line.
