May 2023

Bytedance is making its music streaming service Resso premium-only

May 4, 2023

Three years after first launching the music streaming app Resso in India, Bytedance is making it a paid-only service. The company notified users on the app and website saying that “Resso will upgrade to a Premium-only service from May 11, 2023, to elevate your social music streaming experience.” The service currently operates in India, Brazil, […]

Bytedance is making its music streaming service Resso premium-only by Ivan Mehta originally published on TechCrunch

Meet Liquido, which aims to be the ‘Stripe of LatAm’ — but with even bigger ambitions

May 4, 2023

The ability to offer businesses more ways to accept digital payments is crucial globally, but merchants’ specific needs typically differ based on geography. In recognition of those nuances, Liquido has for two years been working on building payments infrastructure aimed at modernizing payments access for businesses in Latin America. And today, the company is emerging […]

Meet Liquido, which aims to be the ‘Stripe of LatAm’ — but with even bigger ambitions by Mary Ann Azevedo originally published on TechCrunch

How the feds caught a notorious credit card fraudster

May 4, 2023

The U.S. government announced on Wednesday that it had dismantled “Try2Check”, a credit card checking operation that allowed cybercriminals involved with the bulk purchase and sale of stolen credit card numbers to see which cards were valid and active. Department of Justice prosecutors confirmed the indictment of Russian citizen Denis Gennadievich Kulkov, who is suspected […]

How the feds caught a notorious credit card fraudster by Carly Page originally published on TechCrunch

Shopify to reduce workforce by 20%, sells logistics business to Flexport for 13% equity

May 4, 2023

Shopify revealed today that it’s laying off 20% of its workforce, impacting more than 2,000 people, and is selling its logistics business to Flexport for roughly 13% in stock. The news comes some 10 months after Shopify announced that it was reducing 10% of its workforce — roughly 1,000 people — and follows a trend that […]

Shopify to reduce workforce by 20%, sells logistics business to Flexport for 13% equity by Paul Sawers originally published on TechCrunch

Millions of patients’ data confirmed stolen after Fortra mass-hack

May 4, 2023

Millions of people across the U.S. had reams of personal and health information stolen in a mass-hack targeting dozens of companies, including healthcare providers, according to new filings with the federal government. NationBenefits, a Florida-based technology company that offers supplementary benefits to its 20 million-plus members across the U.S., confirmed in April that hackers had […]

Millions of patients’ data confirmed stolen after Fortra mass-hack by Carly Page originally published on TechCrunch

Meta’s ad business slapped with interim measures in France over suspected antitrust abuse

May 4, 2023

More regulatory woes for Meta: France’s competition watchdog has announced interim measures on the adtech giant — saying it suspects it of abusing a dominant position in the French market for ads on social media and across the broader (non-search-related) online ads market. It’s ordering Meta to suspend application of the current criteria it imposes […]

Meta’s ad business slapped with interim measures in France over suspected antitrust abuse by Natasha Lomas originally published on TechCrunch

Waymo doubles robotaxi service area in Phoenix in bid to grow driverless trips tenfold

May 4, 2023

Waymo is doubling its commercial robotaxi service area in the Phoenix metro area, an expansion that will add new suburbs and connect previously isolated sections of the sprawling and car-dependent desert city. The service area, which now includes Scottsdale, nearly of Tempe and larger sections of Chandler and Mesa, is 180 square miles in size. […]

Waymo doubles robotaxi service area in Phoenix in bid to grow driverless trips tenfold by Kirsten Korosec originally published on TechCrunch