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Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe

Stripe has led a $12 million Series A round in Manila-based online payment platform PayMongo, the startup announced today. PayMongo, which offers an online payments API for businesses in the Philippin

Is your startup the next TikTok?

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. And I don’t mean building an app that gets the

This Week in Apps: Redesigning the iOS 14 home screen, app makers form ‘fairness’ coalition, latest on TikTok ban

Welcome back to This Week in Apps, the TechCrunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, wi

Black founders face a unique set of challenges

The notion that Black people in America need to work twice as hard as others to succeed may be a depressing sentiment, but it has been deeply ingrained into the psyches of many African-Americans. At T

NASA commissions report to show its economic impact: $64B and 312K jobs

Perhaps anticipating budget pushback from the federal government, NASA has released its first-ever agency-wide economic report, documenting the agency’s impact on the nation’s jobs and cas

4 things to remember when adapting AI/ML learning models during a pandemic

The progress seen in AI/machine learning leading up to and during the pandemic cannot be ignored, but this crisis brings with it a unique opportunity for updates and innovation in modeling.

Human Capital: Moving away from ‘master/slave’ terminology

TGIF, am I right? Welcome back to Human Capital, where we explore some of the latest news in labor, diversity and inclusion in tech. This week, we’re looking at the use of “master/slave&#8

Alexis Ohanian files for a new $150M fund, with a nod to his Olympian family

According to an SEC filing, Alexis Ohanian, the co-founder of Reddit and early-stage VC firm Initialized Capital, is raising a new fund, named 776, with a target of $150 million. The filing comes thre

Nikola chairman, VectoIQ CEO Steve Girsky eyes his next transportation investment

Steve Girsky, the former GM vice chairman, consultant and investor whose special purpose acquisition company (SPAC) merged with hydrogen electric startup Nikola this summer, is in talks to back self-d

Want to hire and retain high-quality developers? Give them stimulating work

Not only is it the right way to treat your team, but when developers are more stimulated, the standard of their work goes up, along with productivity levels and general morale.

HumanForest suspends London e-bike sharing service, cuts jobs after customer accident

U.K.-based startup HumanForest has suspended its nascent “free” e-bike service in London this week, after experiencing “mechanical” issues and after a user had an accident on o

The highest valued company in Bessemer’s annual cloud report has defied convention by staying private

This year’s Bessemer Venture Partners’ annual Cloud 100 Benchmark report was published recently and my colleague Alex Wilhelm looked at some broad trends in the report, but digging into th

Calling Helsinki VCs: Be featured in The Great TechCrunch Survey of European VC

TechCrunch is embarking on a major new project to survey the venture capital investors of Europe, and their cities. Our survey of VCs in Helsinki will capture how the city is faring, and what changes

European Commission to appeal decision that reversed Apple’s $15B State Aid tax bill in Ireland

It’s not over until it’s over for Apple and its ongoing tax headache in Europe. Today the European Commission announced that it plans to appeal the July 2020 ruling that overturned the ori

This new Southeast Asian fund has its eye on Chinese cross-border firms

As U.S.-China relations remain tense, Southeast Asia becomes the darling for investors and tech companies from both sides as they seek overseas expansion. Behemoths like Google, Facebook, Alibaba, Ten

Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia

Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief executi

Google Meet and other Google services go down (Updated)

Google’s engineers aren’t having a good day today. This afternoon, a number of Google services went offline or are barely reachable. These services include Google Meet, Drive, Docs, Analyt

Writer Anand Giridharadas on tech’s billionaires: “Are they even on the same team as us?”

Since the start of the coronavirus pandemic, America’s roughly 640 billionaires have seen their fortunes soar by $845 billion in combined assets or 29% collectively, widening the already yawning

The eSIM maker powering Xiaomi’s IoT devices raises $15M

Connectivity is vital to a future managed and shaped by smart hardware, and Chinese startup Showmac Tech is proposing eSIMs as the infrastructure solution for seamless and stable communication between

Anduril among companies tapped to build the Air Force’s ‘internet of things’ for war

Palmer Luckey’s young defense company has been selected by the Air Force for work on a cutting-edge, multibillion-dollar nervous system for war. Luckey announced on his Twitter account Thursday
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