June 2023

Olx Group, the online marketplace and classifieds business arm of Prosus, has cut around 800 jobs globally. Today’s move comes as the company started to close operations of its automotive business unit Olx Autos in some markets after long exploring potential buyers and investors, TechCrunch learned and as confirmed by the company. The Amsterdam-headquartered company, […]

Olx Group cuts 800 jobs as it shuts down some markets by Jagmeet Singh originally published on TechCrunch

Talk about a slam dunk. Shaquille O’Neal, 15-time NBA All-Star, four-time NBA Champion and three-time NBA Finals MVP, will join us at TC Disrupt 2023, which takes place September 19-21. Following nearly two decades in the NBA, Shaq has built an estimated $400 million business empire — moving easily from superstar to mogul. He’ll join […]

Shaquille O’Neal will discuss investing in Edsoma, life as a mogul and more at Disrupt by Lauren Simonds originally published on TechCrunch

Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. All the cool kids are filling out the Equity listener survey. We want to hear from you!  Our Monday show covers the latest in tech news from the weekend and what’s making headlines […]

Alibaba shakes up its leadership, OpenAI lobbies EU regulators, and the late-stage market is a mess by Alex Wilhelm originally published on TechCrunch

China’s electric vehicle companies are pouring into the Middle East where both investors and consumers have a growing appetite for the country’s Tesla challengers. Shanghai-based Nio announced Tuesday that CYVN Holdings, a smart mobility-focused investment vehicle majority owned by the Abu Dhabi government, will invest a total of $738.5 million in the Chinese EV maker. […]

Abu Dhabi pours $738.5M into China’s Tesla challenger Nio by Rita Liao originally published on TechCrunch