TechCrunch Industry News

India won’t enforce a cap on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising move that analysts say is a major a win for Google Pay and Walmart’s PhonePe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Much of the company’s sales are outside the UK today, with U.S. “Hueligans,” the company’s loyal fans, representing Huel’s second-biggest market. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Web3 developer platform Fleek has raised $25 million in Series A funding led by Polychain Capital, the company shared exclusively with TechCrunch. Learn more about your ad choices. Visit podcastchoices.com/adchoices

European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions." Learn more about your ad choices. Visit podcastchoices.com/adchoices

According to Corning in-house research, “84% of consumers across three of the largest smartphone markets – China, India, and the United States — cite durability as the number one purchasing consideration behind brand itself.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Pearpop, a marketplace for social collaborations, announced today that it has raised an extension to its 2021-era Series A funding round. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Israeli urban trip planning app Moovit unveiled a new feature Tuesday that allows users to follow a transit line’s movements along the map in real time. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The U.S. government said it is banning telecommunications and video surveillance equipment from several prominent Chinese brands in an effort to protect the nation’s communications network. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Search any major Chinese city on Twitter, and you will see a cascade of spam tweets showing porn, escort services, and gambling content that are published every few seconds, making it impossible to get any legitimate results. There has been a “significant uptick” in these tweets over the last three days, according to a China-focused […]Great Wall of porn obscures China protest news on Twitter by Rita Liao originally published on TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices

The US has had solo VC fund managers for many years but the trend is only just starting to catch on in Europe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After messing up the first launch of Twitter’s “power to the people” verification system, Elon Musk said that the social network will tentatively roll out a new multicolored verification system next week. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Two weeks after Apple warned of production delays in China amid heightened COVID-19 restrictions, the giant is facing more challenges as worker protests broke out at its largest manufacturing partner Foxconn. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fans of Apple TV+’s popular sci-fi workplace drama, “Severance,” can have their very own Lumon music-dance experience—maracas not included. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Elon Musk taking over Twitter has sent some people to look for alternatives such as Mastodon and Hive. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Decentralized identity startups are having a moment as investors seek the next generation of killer applications in web3, even in times of market volatility. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The online custom jewelry company is injecting technology into the engagement and wedding ring buying experience.Custom jeweler Wove bags $3.85M to make engagement ring purchases less stressful by Christine Hall originally published on TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices

Secure communications provider Wickr has announced that it will shutter its free encrypted messaging app, Wickr Me, next year. Learn more about your ad choices. Visit podcastchoices.com/adchoices

India’s space agency has successfully launched the Vikram-S after much anticipation and years-long work in a boost to the private sector of the nation’s space industry. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Twitter has published a policy change saying that newly-created Twitter accounts will have to wait 90 days before being allowed to subscribe to the new Twitter Blue plan and get verified.subscription by Ivan Mehta originally published on TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices

Composing a thread on Twitter can be challenging as you need to separate the whole text into 280-character chunks. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apple has finally launched a redesigned iCloud website with apps appearing as widget-styled tiles instead of icons. Learn more about your ad choices. Visit podcastchoices.com/adchoices

We’re at the point in the Elon Musk/Twitter debacle where the fact that it’s a shit show is our new normal, and anything that resembles a normal functioning tech company or leadership is more newsworthy than the inverse. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Under Elon Musk, Twitter may be reviving a project that would bring end-to-end encryption to its Direct Messaging system. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fulfillment has arguably been the hottest robotics category over the past two years, as companies have looked to stay competitive with Amazon, even amid ongoing labor shortages. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Packaging is a trillion-dollar-per-year industry that, by and large, has some sustainability challenges. Impacked is a B2B company that’s bringing green tech to the forefront for everything from jars, tubes and pouches to bottles. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Klarna is expanding into the competitive world of price comparisons, with the launch of a new tool that compares prices across thousands of retailers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Echo business has always looked like Amazon playing the long game from the outside. Above all, the company’s home consumer hardware is a convenient vessel for getting Alexa into millions of homes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Australian Federal Police claims to have identified the cybercriminals behind the Medibank ransomware attack, which compromised the personal data of 9.7 million customers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A few days ago, new Twitter owner Elon Musk said that the company will try a lot of dumb things in the coming days. And that seems to be the product strategy of the company — even if it causes utter chaos all around. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The vulnerability in the door entry security system, used in government buildings and apartment complexes, cannot be fixed.Aiphone door entry systems can be ‘easily’ bypassed thanks to NFC bug by Zack Whittaker originally published on TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices

The motto over at Twitter is clearly a throwback ‘move fast and break things’ at the moment under new ruler Elon Musk, and the latest thing to break is the just-introduced $8 monthly Twitter Blue tier. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ping users create a free account in U.S. dollars to receive bank transfers in either their local currency or cryptocurrency.Ping wants to simplify global payments while helping Latin Americans embrace crypto by Christine Hall originally published on TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meta’s body blow layoff announcement will see the parent of Facebook, Instagram and WhatsApp making its first-ever major layoffs as a company, cutting 11,000 employees, 13% of its total; predictably investors are responding favorably, bumping the stock up by over 5% in pre-market trading. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Speedoc, a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today, Netflix is launching a new interactive game called “Triviaverse” that allows subscribers to test their knowledge and compete against an all-knowing “Trivia master” using their TV remote. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ouster and Velodyne, two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday. Both Ouster and Velodyne will maintain a 50% stake in the new company, according to the agreement that was signed on November 4. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Unity‘s proposed merger with IronSource has formally concluded, with the two companies coming together to create an end-to-end platform for developers to build and monetize games. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After trying for years to replicate the success of its QR code-enabled payments solution overseas, Ant Group seems to have finally found a path to scaling. Learn more about your ad choices. Visit podcastchoices.com/adchoices

PayPal announced Thursday that it will soon support Apple’s Tap to Pay on iPhones. The company said in its Q3 2022 earnings report that both PayPal and Venmo will soon support this tech as a part of its offering. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Patreon creators can now upload videos directly to the platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A lot of things might spring to mind when you hear “fashion,” but taking care of the planet generally isn’t on that list. Smartex just raised a couple of bolts’ worth of cash, sowing up a round of funding to bring smart tech to fabric manufacturing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Magdalena “Mags” Kala, a self-described “lifetime degen,” is no stranger to beating the odds. Before she became an investor, she co-founded an all-female blackjack team that sought to exploit gender bias to make a profit through gaming, she told TechCrunch in an interview. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indian edtech giant Byju’s is engaging with bankers to put together a plan for the initial public offering of its unit Aakash, which it acquired last year, a source familiar with the matter told TechCrunch. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Volocopter, a German startup building electric vertical takeoff and landing (eVTOL) vehicles, has secured $182 million for the second signing of its Series E round. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Last year YASA, a British electric motor startup with a revolutionary “axial-flux” motor, was acquired by Mercedes-Benz to develop ultra-high-performance electric motors for Mercedes’s AMG.EA electric-only platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hong Kong has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds and plans to conduct pilots in NFT issuance and CBDC as it looks to regain its status as a global financial hub. Learn more about your ad choices. Visit podcastchoices.com/adchoices

General Motors has temporarily paused paid advertising on Twitter, one day after billionaire and Tesla CEO Elon Musk finalized a $44 billion acquisition of the social media platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On the heels of the Biden administration’s decision to impose sweeping chip sanctions on China, there are signs that China might also lose access to other types of critical U.S. technologies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

And so the it begins… Elon Musk has only been owner of Twitter for a few hours but he’s already earned himself a schooling from the European Union in response to his suggestive “the bird is freed” tweet. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A couple caveats for those going apoplectic over the headline: I mean self-driving isn’t going to be a thing A) in our lifetimes and B) with any kind of omnipresent scale. Learn more about your ad choices. Visit podcastchoices.com/adchoices