Others

Adobe and Figma end $20B acquisition plans after regulatory headwinds in Europe

December 18, 2023

Adobe’s $20 billion mega-bid to buy rival Figma is now officially dead, after the companies said today that regulatory pushback in Europe had caused them to put an end to the acquisition plans. First announced in September last year, the deal was always going to attract regulatory scrutiny due to the size of the transaction […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Apple experiments to let developers offer discount bundles on subscriptions

December 18, 2023

Apple has started experimenting a feature on the App Store that allows developers to offer “contingent pricing” for subscriptions. That means developers can club subscriptions for two apps at a discounted price. In an update on the developer blog, the company said the update lets developers charge a discounted price even if the app’s subscription […]

© 2023 TechCrunch. All rights reserved. For personal use only.

As the SEC’s new data breach disclosure rules take effect, here’s what you need to know

December 18, 2023

Starting from today, December 18, publicly-owned companies operating in the U.S. must comply with a new set of rules requiring them to disclose “material” cyber incidents within 96 hours. The regulation represents a significant shake-up for organizations, many of which have argued that the new rules open them up to more risk and that four […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Elon Musk’s X faces first DSA probe in EU over illegal content risks, moderation, transparency and deceptive UX design

December 18, 2023

It’s official! Elon Musk’s X marks the spot of the first confirmed investigation opened by the European Union under its rebooted digital rulebook, the Digital Services Act (DSA). Announcing the opening of a “formal proceeding” today, the European Commission said the investigation will look at whether the social networking platform may have breached rules linked […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Jumia quit food delivery because of deep-pocketed ‘aggressive’ rivals, CEO says

December 18, 2023

Last week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery service, Jumia Food. According to the company, its food delivery business didn’t align with the current operational landscape and prevailing macroeconomic conditions in the seven markets, including Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria and Ivory Coast. As a result, Jumia Food will […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Are These 3 Energy Stocks Set for Year-End Success?

December 18, 2023
With the global demand for oil and natural gas soaring and tightened supplies instigating high oil and gas prices, the energy sector’s outlook appears robust. With such promising growth potential…

Meltwater, the media monitoring startup, gets a $65M investment from Verdane

December 18, 2023

Meltwater, which first made its name around media monitoring and then got active in business intelligence using AI and big data analytics techniques, is picking up a new investor. Verdane, a Norwegian private equity firm that earlier this year closed a $1 billion+ fund to make investments in scaling tech companies, is taking an 11% […]

© 2023 TechCrunch. All rights reserved. For personal use only.