Category: Crypto
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The online moments that defined 2024
Ah, 2024: the year we debated how to pronounce “hawk tuah,” pondered the health benefits of eating rocks, and held space for a Broadway showstopper. It was a year when the discourse could feel shockingly pure and joyful — at least for a few minutes, before we all came tumbling back down to reality. Online…
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Tech services firm WWT acquires Canadian IT provider Softchoice in all-cash deal
One last mega-deal closed out an eventful 2024. On Tuesday, World Wide Technology (WWT), a tech services company based in St. Louis, announced it has agreed to acquire Canadian IT provider Softchoice in a deal that values the latter at C$1.8 billion (~$1.25 billion). The deal, which is all-cash, was unanimously approved by Softchoice’s board,…
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After ups and downs, food delivery startup Epicery closes shop
French food delivery startup Epicery will cease operations Tuesday, after one last holiday season hurrah for its clients and the local food businesses that were using the platform during its nine years in business in exchange for a 25% commission. In a message announcing the decision to customers earlier this month, Epicery’s team said that…
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US telco Lumen says its network is now clear of China’s Salt Typhoon hackers
Lumen says there is ‘no evidence’ that customer data was accessed during the intrusion © 2024 TechCrunch. All rights reserved. For personal use only. Lumen says there is ‘no evidence’ that customer data was accessed during the intrusion © 2024 TechCrunch. All rights reserved. For personal use only.
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New Year’s cybersecurity resolutions that every startup should keep
These simple cybersecurity resolutions can help keep your startup protected from most malicious hackers. © 2024 TechCrunch. All rights reserved. For personal use only. These simple cybersecurity resolutions can help keep your startup protected from most malicious hackers. © 2024 TechCrunch. All rights reserved. For personal use only.
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India lifts WhatsApp payment curbs
India has removed restrictions on WhatsApp’s mobile payments service in a significant victory for Meta in its largest market by users as it seeks to compete with entrenched fintech rivals. The National Payments Corporation of India, the payments body overseeing the popular UPI payments rail, said Tuesday that WhatsApp can now roll out WhatsApp Pay…
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India again delays rules to break PhonePe-Google Pay duopoly
India has once again pushed back a contentious plan to limit big technology companies’ control of the nation’s digital payments system, extending a regulatory uncertainty that has weighed on the sector for years. The National Payments Corporation of India said on Tuesday it would extend the deadline for implementing a 30% cap on any individual…
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Samsung pays $181M to become largest shareholder of Rainbow Robotics
Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion for the 14.7% stake in 2023, said it is acquiring the stake to bolster…
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Gupshup investor cuts value of its stake again, implying new valuation of $486M
Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by another 7.7% last month, lowering the value of its holding in the SaaS startup by a total of more than 65% since its investment in mid-2021. One of the funds operated by the U.S. asset manager valued its…
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This MagSafe iPhone wallet doubles as a stand and offers Find My functionality
For a number of years now, Moft has offered some of the most innovative gadget accessories. They’re always interesting, if not necessarily useful. This new combination Find My wallet and stand manages to tick both boxes. The accessory was announced a couple of weeks out from CES, where it will be shown off for the…