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Category Archives: Tech
Reliance, Disney complete India media merger valued at $8.5 billion
Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse that will dominate the streaming and television markets in the world’s most populous nation. The deal, proposed in February, brings together Disney’s Star India … Continue reading
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SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
British online bank Zopa is on track to double pre-tax profits and increase revenue by more a third in 2024, CEO Jaidev Janardana told CNBC.
It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype
Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite “nuts” funding rounds for AI firms like OpenAI.
Amazon launches Temu and Shein rival with ‘crazy low’ prices
The price of products on Haul, which is being trialled in the US, will be capped at $20.
PayPal once again lets you pool money from others to pay for things together
PayPal is launching a few features that let users in groups pool money with friends or family, to collectively pay for trips, travels, gifts, and anything else. The company is launching this feature in the U.S., Germany, the U.K., Italy, … Continue reading
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US confirms China-backed hackers breached telecom providers to steal wiretap data
CISA and the FBI say they have uncovered a ‘broad and significant’ PRC-linked cyberespionage campaign © 2024 TechCrunch. All rights reserved. For personal use only.
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Smart ring leader Oura plans international push as CEO touts new features and thinking on hardware
Oura CEO Tom Hale spoke to CNBC about the smart ring product category and the impact of Samsung’s entrance into the space.
Tessl raises $125M at $500M+ valuation to build AI that writes and maintains code
Many startups and larger tech companies have taken a crack at building artificial intelligence to code software. Now, another new player is coming out of the shadows to throw its hat into the ring, with a mission to fix the … Continue reading
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Atlas.co wants its web-based mapping tool to be the Figma of geospatial data
Startup inspiration can strike anywhere. But for Atlas.co*, a freemium browser-based, real-time mapping tool that’s being built by an Oslo, Norway-based team of (initially student) engineers, the realization that there might be a business opportunity in competing with expensive legacy … Continue reading
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Tech giants are investing in ‘sovereign AI’ to help Europe cut its dependence on the U.S.
Tech giants are investing in the development of “sovereign” AI models in Europe to reduce the region’s dependence on largely U.S.-controlled infrastructure.