Tag Archives: TechCrunch

After EU approval, UK clears HPE’s $14B Juniper Networks acquisition

Posted on August 7, 2024 by Techme101

Hewlett Packard Enterprise’s (HPE) planned $14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.’s Competition and Markets Authority (CMA) has confirmed that the deal won’t face any further scrutiny. © 2024 TechCrunch. All rights … Continue reading →

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Lyft to ‘open up a can of whoop ass’ on surge pricing

Posted on August 7, 2024 by Techme101

Ride-hail giant Lyft will pilot a new feature called Price Lock that will let a rider purchase a monthly subscription “that caps the price for a specific route at a specific time,” according to CEO David Risher. The feature is … Continue reading →

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Ex-Clubhouse employees take another swing at a social networking startup

Posted on August 7, 2024 by Techme101

The ex-Clubhouse, Netflix employees raised $1.65M for an app that combines social media, networking, and dating. © 2024 TechCrunch. All rights reserved. For personal use only.

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Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash

Posted on August 7, 2024 by Techme101

New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch.  Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets … Continue reading →

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Elon Musk’s X taken to court in Ireland for grabbing EU user data to train Grok without consent

Posted on August 7, 2024 by Techme101

Elon Musk’s X is being taken to court in Ireland for using Europeans’ data to train AI models without asking for their consent. © 2024 TechCrunch. All rights reserved. For personal use only.

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Automattic launches AI writing tool that aims to make WordPress blogs more readable and succinct

Posted on August 7, 2024 by Techme101

Automattic, the owner of WordPress.com, has launched a new AI tool designed to help bloggers write more clearly and succinctly. © 2024 TechCrunch. All rights reserved. For personal use only.

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EQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation

Posted on August 7, 2024 by Techme101

Cybersecurity remains a white-hot space for investors. In the latest example of that demand, EQT has bought a majority stake in Acronis, a security company that specializes in data protection, cloud and integrated security solutions for managed service providers (which … Continue reading →

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UK data watchdog to fine NHS vendor Advanced for security failures prior to LockBit ransomware attack

Posted on August 7, 2024 by Techme101

The ICO issued the provisional fine in “failing to implement appropriate security measures prior to the attack.” © 2024 TechCrunch. All rights reserved. For personal use only.

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Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth  

Posted on August 7, 2024 by Techme101

African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is to take advantage of strong results despite a volatile market.  Given Jumia’s share price of around … Continue reading →

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Airbnb details plans to expand beyond short-term rentals, including co-hosting and relaunching ‘experiences’

Posted on August 6, 2024 by Techme101

Airbnb CEO Brian Chesky suggested on Tuesday’s Q2 earnings call with investors that the company will soon expand into new products and services, including co-hosting, a relaunch of Airbnb’s “experiences,” guest services, and more. The company positioned the upcoming offerings … Continue reading →

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