russia

Congress asks Meta, TikTok, YouTube and Twitter to archive evidence of Russian war crimes

Four U.S. representatives signed letters to the CEOs of Meta, TikTok, YouTube and Twitter urging them to archive any content uploaded to their platforms that could be used as evidence of Russian war c

Daily Crunch: Peloton CEO to shareholders: ‘Turnarounds are hard work’

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

US, UK and EU blame Russia for ‘unacceptable’ Viasat cyberattack

The U.S., U.K. and EU have formally blamed the Russian government for the February cyberattack against satellite communications provider Viasat, which triggered outages across central and eastern Euro

Daily Crunch: In latest earnings release, Twitter admits to miscounting users for the second time

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Apple’s services revenue hits a record $19.8B in Q2, reaches 825M paid subscriptions

Amid a record-breaking fiscal second quarter, Apple also delivered record-breaking services revenue up 17% year over year to reach $19.8 billion. The category — which includes businesses like th

Yandex signs deal with VK to sell its media products, News and Zen

In further fallout from Russia’s invasion of Ukraine, Yandex, the company that’s sometimes referred to as the ‘Google of Russia,’ has signed a term sheet to sell its media divi

US offers bounty for Sandworm, the Russian hackers blamed for destructive cyberattacks

The U.S. government has stepped up its hunt for six Russian intelligence officers, best known as the state-backed hacking group dubbed “Sandworm,” by offering a $10 million bounty for info

Rogan backlash didn’t hurt Spotify’s Q1, as paying subscribers grew 15% despite Russia exit

We already suspected that the controversy surrounding the Joe Rogan podcast on Spotify was doing little to actually prompt users to leave the streaming service, based on app store data. Now, Spotify&#

Google tells shareholders that YouTube Shorts is doing great, don’t worry about TikTok!

Alphabet, the parent company to Google, announced its first-quarter earnings this evening, and for the creator industry, that means a slew of news and updates about YouTube. YouTube is known as a part

Europe seals a deal on tighter rules for digital services

In the small hours local time, European Union lawmakers secured a provisional deal on a landmark update to rules for digital services operating in the region — grabbing political agreement after

Snapchat? Trying to profit off of its TikTok clone? Say it ain’t so.

At Snap’s quarterly earnings call yesterday, CEO Evan Spiegel revealed that Snapchat is testing ads on Spotlight, its TikTok competitor. Though Spiegel hedged that this testing is limited, it af

Daily Crunch: Elon Musk unveils three-pronged strategy to fund his $43B Twitter purchase

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Obama says social media is ‘well designed’ to destroy democracies

After an era of open affection for Silicon Valley followed by an era of relative quiet, former President Barack Obama is tearing into tech. The former president spoke Thursday at an event co-hosted by

Snapchat is growing faster than Facebook and Twitter

Snap released its first quarter financial results for 2022 today, affirming that it’s growing faster than its fellow U.S.-based competitors Facebook (now Meta) and Twitter. Meta reported its fir

Russia says nyet, sanctions Mark Zuckerberg, LinkedIn’s Roslansky, VP Harris and other US leaders

From the department of Tit for Tat, on the heels of a cascade of sanctions against Russia, Russian organizations and Russian individuals over Russia’s aggressive war in Ukraine, the Russian Fore

PayU doubles down on LatAm fintech, acquires Ding and leads $46M investment in ‘superapp’ Treinta in Colombia

PayU, the fintech business controlled by Prosus with operations in 50+ countries — it’s been described as the PayPal of emerging markets — announced a double-deal today to expand its

TechCrunch+ roundup: VC ‘bottom feeders,’ valuation calculator, think like an investor

Farmers don't get embarrassed when the price of corn drops; similarly, there's no reason for startup founders to lose their joy because publicly traded tech stocks are undercutting their valuations.

Netflix shares down more than 20% after losing 200,000 subscribers in first quarter

Concerning news from Netflix’s earnings today. The streaming service reported that in the first quarter of 2022, it lost 200,000 subscribers — its first subscriber loss in over a decade. A

5 predictions for Tesla Q1 earnings

As usual, it’s been a dramatic quarter for Tesla. Tesla, which will announce its first-quarter financial results Wednesday, has benefited from a global surge in consumer demand for electric vehicles

Zambian card-issuing startup Union54 raises $12M led by Tiger Global

Zambian card-issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. Other participating investors in this financing round include existing ones such as Vibe VC a
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