Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles

March 12, 2025

Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%, […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Spotify says its payouts are getting better, but artists still disagree

March 12, 2025

Spotify on Tuesday released its annual Loud & Clear report, detailing information about the music streaming service’s royalty payments. While Spotify revealed earlier this year that it paid out $10 billion to the music industry in 2024, the new report offers more in-depth numbers about its payments in an effort to dispel reports that the company […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Google has given Anthropic more funding than previously known, show new filings

March 12, 2025

Anthropic, a San Francisco startup often cast as an independent player in the AI race, has deeper ties to Google than previously known. Court documents recently obtained by The New York Times reveal that Google owns a 14% stake in the company and is set to pour another $750 million into it this year through […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Meta is reportedly testing in-house chips for AI training

March 11, 2025

Meta is reportedly testing an in-house chip for training AI systems, a part of a strategy to reduce its reliance on hardware makers like Nvidia. According to Reuters, Meta’s chip, which is designed to handle AI-specific workloads, was manufactured in partnership with Taiwan-based firm TSMC. The company is piloting a “small deployment” of the chip […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Trump says he will label violence against Tesla as domestic terrorism

March 11, 2025

President Donald Trump said he will label violence against Tesla dealerships as domestic terrorism, per a transcript shared by the White House pool reporters, a sign of deepening ties with Elon Musk. “Tesla Takeovers” have been breaking out across the globe at Tesla dealerships as people protest what they see as a hostile takeover of […]

© 2024 TechCrunch. All rights reserved. For personal use only.