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Lyft is increasing the service fees its riders in the U.S. pay for each ride. The rise in cost, which will go directly to Lyft, aims to cover the higher costs of insurance, reports Reuters. Lyft’s service fees pay for overhead costs like driver insurance and security background checks. The company expected a rise in insurance […]

Lyft increases service fees for riders amid rising insurance costs by Rebecca Bellan originally published on TechCrunch

This morning Kanye West announced he’s buying Parler, the annoyingly-named so-called “free speech” platform that ignores the proper French pronunciation of its moniker in service of a poor pun. The deal terms aren’t out there yet, but the startup has so far raised $56 million and I bet it has a tidy little exit on […]

Kanye West and Elon Musk provide a new exit path: the billionaire tantrum by Darrell Etherington originally published on TechCrunch

The companies with the best talent, products and positioning will command capital at normalized market prices, and everyone else will experience a depressed market.

2023 VC predictions: Finding an exit from the ‘messy middle’ by Ram Iyer originally published on TechCrunch

The survey of 1,000 respondents in India revealed that current shopping habits and festive season purchase plans and explored their last-mile delivery pain points

The launch of the new fund highlights the huge market opportunity in B2B tech and SaaS sectors which have been resilient through the funding winter

Kanye West, the rapper who also also goes by the name Ye, has reached an agreement to buy “uncancelable free speech platform” Parler, the two said in a statement Monday. Terms of the deal were not disclosed. West, who has accused Meta of censoring him in recent weeks, said in a statement: “In a world […]

Kanye West to acquire ‘uncancelable’ social media platform Parler by Manish Singh originally published on TechCrunch

Banking-as-a-service (BaaS) platforms have taken off rapidly across the fintech world over the last 18 months. By partnering with banks, these platforms allow entities from startups and fintechs to big corporations and banks to provide tailored banking services and experiences to their customers. Fintechs offering BaaS services in U.S. and Europe, such as Unit, Rapyd […]

Nigerian banking-as-a-service platform Maplerad raises $6M, led by Peter Thiel’s Valar Ventures by Tage Kene-Okafor originally published on TechCrunch