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Category Archives: Tech
LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that … Continue reading
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Apple introduces a new API to support more in-app purchase formats
Apple announced on Thursday a new API called the Advanced Commerce API to support more in-app purchase formats, such as subscriptions and content add-ons. The company added that it is not changing the commission structure to support these use cases. “The App Store … Continue reading
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US indicts five individuals in crackdown on North Korea’s illicit IT workforce
The multi-year scheme saw the defendants generate hundreds of thousands in revenue. © 2024 TechCrunch. All rights reserved. For personal use only.
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Trump is searching for potential TikTok buyers — who are the likely contenders?
After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat.
Tata acquires 60% stake in Apple partner Pegatron’s India unit
Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner, Pegatron, as the conglomerate expands its iPhone manufacturing capacity in the country. Taiwan-based Pegatron operates an iPhone production plant near Chennai in India’s sourthern … Continue reading
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Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller
Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to date, exceeding $690 million across two funds Madrona closed in 2022. While an 11% capital pool … Continue reading
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Tesla starts sales of revamped Model Y in U.S. for about $60,000
Tesla will start deliveries of the Model Y Juniper in the U.S. in March.
Instagram and Facebook Blocked and Hid Abortion Pill Providers’ Posts
Some posts related to obtaining abortion pills were recently hidden on Instagram and Facebook and some accounts were suspended, before being later restored.
Trump Issues Executive Order to Boost Cryptocurrency Industry
The order signaled that the president intends to promote an industry that faced scrutiny during the Biden administration — and that he has a personal stake in.
Reliance plans world’s biggest AI data centre in India, report says
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of three gigawatts to capitalize on surging AI demand. The facility would dwarf the current largest data center, Microsoft’s … Continue reading
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