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TikTok parent ByteDance says it will ‘strictly follow’ China export controls

6 years 2 months ago
While Beijing has repeatedly spoken out against Washington’s pressure on Huawei, it has remained relatively quiet amid TikTok’s recent struggles in the U.S. As the red-hot video app approaches a final sale in the U.S., however, the Chinese authority moved unexpectedly to make the deal more complicated to go through. On late Friday, China’s Ministry […]

YC startup SockSoho is using data science in a bid to become the “Uniqlo of India”

6 years 2 months ago
SockSoho is a direct-to-consumer brand that aspires to become the “Uniqlo of India.” The company launched sales ten months ago, starting with men’s socks, and recently completed Y Combinator’s Summer 2020 program. Founded by Pritika Mehta, a data scientist who has worked at companies including TripAdvisor, and growth marketer Simarpreet Singh, SockSoho now has more […]

Twitter flags Republican leader’s video as ‘manipulated’ for altering disabled activist’s words

6 years 2 months ago
Twitter flagged an inflammatory video by House Republican Whip Steve Scalise on Sunday for altering footage of a conversation between progressive activist Ady Barkan and Joe Biden. The video is now labeled as “manipulated media” in a tweet from Scalise, though remains online. The inflammatory video pulls in out-of-context quotes from a number of Democrats […]

10 Berlin-based VCs discuss how COVID-19 has changed the landscape

6 years 2 months ago
A breeding ground for European entrepreneurs, Berlin has a knack for producing a lot of new startups: the city attracts top international, diverse talent, and it is packed with investors, events and accelerators. Also important: it’s a more affordable place to live and work when compared to many other cities in the region. Berlin ranked […]

The week’s biggest IPO news had nothing to do with Monday’s S-1 deluge

6 years 2 months ago
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. (You can sign up for the newsletter here!) Ready? Let’s talk money, startups and spicy IPO rumors. The week’s biggest IPO news had nothing to […]

Reliable Robotics is bringing remote piloting to small cargo planes

6 years 2 months ago
Nearly one year ago, a Cessna 172 Skyhawk stealthily made aviation history when it landed at a small airport in Northern California marking the completion of the first successful remote-piloted flight of a passenger airplane in the United States. The company behind this milestone in commercial aviation history is Reliable Robotics, a startup founded in […]

A must-see conversation on the state of VC, this year at Disrupt

6 years 2 months ago
On a surface level, the world of venture capital doesn’t look to change much year to year. But in truth, the industry is very much in flux, with many firms grappling with a lack of diversity, dealing with succession questions, and confronting a growing pipeline of aging portfolio companies — to name just a few […]

India’s Reliance Retail to acquire Future Group’s units for $3.4 billion

6 years 2 months ago
Reliance Retail, India’s largest retail chain, has found a much simpler way to expand its dominant position in the country: Acquire most of the second largest bricks-and-mortar retailer. On Saturday evening (local Indian time), Reliance Retail said it has reached an agreement with Future Group to acquire the latter’s retail and wholesaler business, and its […]

Walmart-exclusive TrillerTok will run on Azure, or Oracle, or something

6 years 2 months ago
If you can’t keep up with the latest rumor mill on TikTok’s impending doom acquisition, my suggestion is simple: don’t. Or instead, enjoy it for what it is: one of the most absurd bakeoff deals in investment banking history. Walmart and its always low prices are in the fray. Oracle is looking to find synergies […]

Take a closer look at Elon Musk’s Neuralink surgical robot

6 years 2 months ago
While the science was front-and-center in Elon Musk’s presentation about Neuralink, his human brain computer inference company, the surgical robot the company debuted made a splash of its own. The rounded polycarbonate sci-fi design of the brain surgeon bot looks like something out of the Portal franchise, but it’s actually the creation of Vancouver-based industrial […]

Daily Crunch: Tesla targeted in ransomware attack

6 years 2 months ago
The Justice Department reveals a thwarted malware attack on Tesla, Facebook tests linking your news subscriptions to your social network account and Xiaomi has plans for under-screen cameras. This is your Daily Crunch for August 28, 2020. The big story: Tesla targeted in ransomware attack The Justice Department released a complaint Thursday describing a thwarted […]

Apple terminates Epic Games’ App Store account

6 years 2 months ago
Epic Games has been removed from Apple’s App Store. If you’ve already downloaded Fortnite to your Mac or iOS device, it should still work, but Epic’s termination means the Fortnite developer will no longer be able to submit new apps or updates. MacStories Managing Editor John Voorhees noted the termination on Twitter, as well as […]

IFA’s executive director discusses why the tech show must go on

6 years 2 months ago
In June, the CTA announced that CES 2021 would go forward in-person. The event was set to have slipped under the wire — having narrowly avoided a COVID-19-related shutdown two years in a row. A month later, however, its organizers reversed course, announcing the January show was going virtual. Disappointing, perhaps, but not surprising. The […]

TikTok’s rivals in India struggle to cash in on its ban

6 years 2 months ago
For years, India has served as the largest open battleground for Silicon Valley and Chinese firms searching for their next billion users. With more than 400 million WhatsApp users, India is already the largest market for the Facebook-owned service. The social juggernaut’s big blue app also reaches more than 300 million users in the country. […]
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