The Latest
Pandas wants to give Latin American businesses buying power in Asia
Pandas connects Latin America's small businesses directly with Asian manufacturers to reduce logistical problems and high fees often imposed by importers and intermediaries.
Key European tech founders and investors launch OneUkraine charity to assist Ukraine
A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be su
Moka.care raises $16 million for its corporate mental health service
French startup moka.care has raised a new $16 million Series A funding round (€15 million). The company is focused on mental well-being in the workplace. It offers a full-fledged service that sits i
South Africa’s edtech FoondaMate eyes speedy takeoff after $2M funding
South African edtech startup FoondaMate has secured $2 million seed funding in a round led by LocalGlobe, the UK-based venture capital firm, to drive uptake of its Whatsapp and Facebook-based learning
Actiondesk is a spreadsheet tool that works with live data
Actiondesk is a new spreadsheet solution for the software-as-a-service era. It connects with the databases, CRMs and SaaS tools that you already use so that you can build dashboards and generate repor
Airbnb China closes domestic unit to cut costs as it bets on border reopening
Airbnb will terminate its domestic business in China, marking the partial retreat of another Western tech giant from the country. Like most of its peers, the home sharing titan is shifting its focus t
IP and cybersecurity disputes are top legal concerns for tech companies
No industry is a stranger to litigation, but for the tech sector, it appears IP and patent disputes, followed by cybersecurity and data protection issues keep tech company leaders up at night.
Snap says it will miss this quarter’s revenue goals and slow hiring
Snap CEO Evan Spiegel wrote in an internal memo that the company will miss its revenue goals for this quarter. Snap will also slow its pace of hiring, a tactic that companies like Meta and Uber have e
OpenAI: Look at our awesome image generator! Google: Hold my Shiba Inu
The AI world is still figuring out how to deal with the amazing show of prowess that is DALL-E 2’s ability to draw/paint/imagine just about anything… but OpenAI isn’t the only one wo
SwipeRx lands $27M from MDI and Gates Foundation to digitize the pharma industry in Southeast Asia
SwipeRx, a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia’s MDI Ventures, with participation from the Gates Foundation, Johnson & Jo
Daily Crunch: Used-car marketplace Sylndr lands $12.6M pre-seed round, sets new record for MENA startups
Monday May 23, 2022, and we’re listening to our brand-new podcast called the TechCrunch Podcast. In it, we talk to TechCrunch writers about the stories they’re most excited about. The first episod
Max Q: Insertion burn
Hello and welcome back to Max Q. In this issue: Boeing's make it or break it launch; Fresh funding for SpaceX; News from Virgin Orbit, Rocket Lab and more
Walmart is adding Symbotic robots to warehouses across the country
The push behind the massive influx of warehouse robotics funding is largely driven by one entity: Amazon. There are other factors driving the industry, of course, including the pandemic, labor shortag
Founder alleges that YC-backed fintech startup is ‘copy-and-pasting’ its business
A new startup lifting elements of competing businesses is far from unusual in today’s venture world, but sometimes competing founders don’t find the imitation all that flattering. Andy Bro
Vibes hold steady at crypto conferences amid bearish market
It’s been a hard month for the global cryptocurrency market. And yet, community members continue to gather nonstop to network, learn and party at what feels like endless crypto conferences.
A group of Activision Blizzard workers vote to unionize
After months of organizing, the quality assurance testers at Raven Software, a division of gaming giant Activision Blizzard, have voted to unionize. This marks the first union at a major gaming compan
eBay launches its first collection of NFTs in partnership with web3 platform OneOf
eBay is the latest company to enter the NFT business, as the online marketplace announced today that it’s launching its first collection of NFTs in partnership with web3 platform OneOf. The comp
Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025
Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025. Part of that pot includes the $5.5 billion Hyundai has
Why in the world would chipmaker Broadcom be interested in VMware?
VMware expanded into cloud-native technologies over the years and has a diversified business, much related to the cloud. Broadcom isn’t involved in much of that, which makes it seem like a poor matc
Take-Two completes $12.7B acquisition of mobile games giant Zynga
Take-Two has completed its $12.7 billion acquisition of mobile games giant Zynga, the company announced on Monday. Under the terms of the merger agreement, Zynga shareholders received $3.50 in cash an