The Latest

Even as cloud infrastructure market growth slows, Microsoft continues to gain on Amazon

It was a rough quarter for the cloud infrastructure market as companies looked for ways to cut back on spending in an uncertain economy. When you combine that with the strong dollar and a weak Chinese

Wikipedia unblocked in Pakistan after Prime Minister’s intervention

Pakistan has unblocked Wikipedia in the South Asian market, three days after the online encyclopedia was censored in the nation over noncompliance with removing what the local regulator deemed as “s

Even well-funded fintech companies are laying off workers

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Binance acquires majority stake in Korean crypto exchange GOPAX

Binance Holdings plans to return to South Korea after pulling out of the market in 2020. The world’s largest cryptocurrency trading platform by volume said it had acquired a majority stake in S

Quora opens its new AI chatbot app Poe to the general public

Q&A platform Quora has opened up public access to its new AI chatbot app, Poe, which lets users ask questions and get answers from a range of AI chatbots, including those from ChatGPT maker, OpenA

SoftBank’s vibe shift is using silence loudly

Welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It’s February, and that means two things: you can stop wishing p

Google takes on ChatGPT with Bard and shows off AI in search

Google is rushing to take part in the sudden fervor for conversational AI, driven by the pervasive success of rival OpenAI’s ChatGPT. Bard, the company’s new AI experiment, aims to “

FTX wants politicians and PACs to return their donations

FTX and its affiliated debtors have sent confidential letters asking politicians, PACs and other recipients of funds to return donations made by the crypto exchange once valued at $32 billion. The rec

What do investors need from your problem slide?

There are two common problems with the problem slide: Some founders are tempted to go way into the weeds, while others don't include one at all.

EV SPAC Canoo agrees to sell $52M in stock to stay alive

Canoo has agreed to sell 50 million shares at a steeply discounted price as the cash-strapped EV company seeks the money it needs to keep its operations running. Canoo said Monday it would sell 50 mil

Neko, Daniel Ek’s next play, is another spin on preventative healthcare

Make room for yet another preventative health play: Spotify founder Daniel Ek officially confirmed rumors of his new “health tech” startup, Neko, Friday by quietly kicking off a body scann

Zenly co-founder returns with new social app company, Amo

Last year, Snap shut down Zenly, a popular social mapping app it acquired for over $200 million in 2017, despite the fact that Zenly still had 40 million active users and growing. Users were understan

Practice your startup pitch on TechCrunch Live with Mayfield and Cube

Practice pitching your startup on this week’s TechCrunch Live. I have two amazing guests and they bring along a lot of startup pitching experience. Three guests of this week’s TechCrunch Live even

India blocks PayU’s LazyPay, Kissht, Faircent in fresh crackdown

Fintech Kissht and PayU’s LazyPay are among the apps that India’s IT Ministry has blocked in the ongoing crackdown as New Delhi moves to curb the misuse of consumers’ data and protec

Simple HealthKit is taking on health equity with at-home diagnostics, treatment

Simple HealthKit provides at-home and in-clinic diagnostics, performs its own testing and telehealth services and works with pharmacy partners for treatment and follow-up care.

Code-generating platform Magic challenges GitHub’s Copilot with $23M in VC backing

Magic, a startup developing a code-generating platform similar to GitHub’s Copilot, today announced that it raised $23 million in a Series A funding round led by Alphabet’s CapitalG with parti

Hackers exploiting two-year-old VMware flaw to launch large-scale ransomware campaign

Cybercriminals are actively exploiting a two-year-old VMware vulnerability as part of a ransomware campaign targeting thousands of organizations worldwide. Reports emerged over the weekend that VMware

More tech job market misery as Dell lays off 5% of worldwide workforce

Tech workers took another big hit today when Dell announced it was laying off 5% of its worldwide employees in the face of plunging PC sales and general economic uncertainty. That’s 6,650 people

Labor marketplace ShiftMed secures $200M to solve nursing shortage

Its mobile and cloud-based software provides perks to nurses like guaranteed shifts, instant or next-day pay, transportation via Uber Health and health benefits.

TCL Podcast: Hear how Cambly found profitability before its Series A

Cambly was founded in 2012, and has since raised $80.29 million from leading venture capital firms. Success didn’t come overnight. The company had to weather a failed fundraise and countless competi
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