The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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South Korea’s Fair Trade Commission (KFTC) has fined Alphabet’s Google 42.1 billion won (~ $32 million) for blocking developers from releasing mobile video games on a Korean competitor platform called One Store. The KFTC said on Tuesday that Google allegedly required Korean video game companies to exclusively release their new games in the Play Store […]
South Korea fines Google $32M for blocking developers from releasing games on rival’s platform by Kate Park originally published on TechCrunch
French startup Graneet is building an all-in-one software-as-a-service product focused on small construction companies. And it has grown quite a lot since I first covered the company as the company has tripled its revenue over the past six months. That’s why the startup raised a €8 million Series A round ($8.7 million at today’s exchange […]
Graneet raises $8.7 million for its vertical SaaS for construction companies by Romain Dillet originally published on TechCrunch
Former Twitter employees, including ex-CEO Parag Agrawal, ex-legal head Vijaya Gadde, and ex-CFO Ned Segal, have sued the social network over alleged unpaid legal reimbursements. The lawsuit, filed in Delaware Chancery Court, alleged that Twitter has to pay over $1 million to the former executives for legal bills they incurred while at the company to […]
Ex-Twitter CEO Agrawal, other execs sue firm over unpaid legal bills by Ivan Mehta originally published on TechCrunch
Nearly two decades after Apple entered India, the iPhone-maker is ready to open its first retail stores in the South Asian market. Apple will open Apple BKC, its Mumbai retail store, on April 18, and its Delhi outlet Apple Saket on April 20, the company said in a statement on Tuesday. “These new retail locations […]
Apple to open two retail stores in India next week by Manish Singh originally published on TechCrunch
Legit Group, a cloud kitchen brand operator based in Jakarta, has its eyes on the rest of Indonesia after raising a $13.7 million Series A. The round was led by MDI Ventures, the venture capital arm of PT Telcom Indonesia Tbk, the largest telecom conglomerate in Indonesia. It included participation from Sinar Mas Digital Ventures […]
Jakarta-based cloud kitchen startup Legit Group gets Series A to take over the rest of Indonesia by Catherine Shu originally published on TechCrunch
The market may be be tightening, but not for Eclipse Ventures, a Palo Alto-based venture firm that just raised $1.2 billion across two new funds. One fund, with $720 million in capital commitments will be invested in early-stage outfits, as well as companies that Eclipse itself incubates. The remaining $510 million will be funneled into […]
Eclipse eclipses previous fundraises with a whopping $1.23 billion across two new funds by Connie Loizos originally published on TechCrunch
OfficeBanao, an Indian startup offering a workspace interiors platform to businesses in the country, has raised $6 million in seed funding led by Lightspeed. In India’s competitive workspace interior market, traditional providers have long dominated the landscape, often requiring substantial investment of time and resources for clients to achieve their desired results. Furthermore, many of […]
Lightspeed fuels Indian workspace interiors platform OfficeBanao with 6M funding by Jagmeet Singh originally published on TechCrunch
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Daily Crunch: Don’t post your darkest, deepest secrets on Twitter Circle by Christine Hall originally published on TechCrunch