The U.K.’s Competition and Markets Authority (CMA) has confirmed that it intends to block Microsoft’s megabucks Activision acquisition, concluding that such a merger would create “…the most powerful operator” in the cloud gaming market. The CMA noted that with a current share of 60-70%, acquiring Activision’s portfolio of games, which includes Call of Duty and […]
UK blocks Microsoft’s planned $68.7B Activision bid, saying it would ‘substantially weaken competition’ by Paul Sawers originally published on TechCrunch
Smile Identity, a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve, a Ghanaian developer of identity verification software. In a statement shared with TechCrunch, Smile Identity said it is “actively fulfilling regulatory requirements to finalize the transaction for the [Inclusive Innovation] affiliated […]
Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services by Tage Kene-Okafor originally published on TechCrunch
Japanese shared micromobility startup Luup has raised $30 million (4.5 billion yen) in a Series D financing round, which consists of 3.8 billion yen in equity and 700 million yen in debt. Luup has now amassed a total of $68 million in equity, debt, and asset financing to date, at what sources said valued the […]
Luup raises $30M ahead of Japan’s new micromobility rules by Kate Park originally published on TechCrunch
For the last few years, China’s central bank has been trying to ramp up the adoption of digital yuan, or e-CNY, which forms part of the country’s monetary base, M0. The bank has a designated app for e-CNY that crossed 261 million individual users in early 2022, but it’s also enlisting help from the private […]
China’s central bank digital currency takes a bigger place on WeChat’s platform by Rita Liao originally published on TechCrunch
MG Motor, also called Morris Garages, introduced Wednesday its second EV in India — called Comet EV — targeting the masses looking for a compact vehicle for urban mobility. The British brand, a unit of Chinese state-owned SAIC Motor, says its new hatchback is perfect for young commuters in the South Asian nation. At a starting […]
China’s MG Motor launches compact hatchback EV in India for urban mobility by Jagmeet Singh originally published on TechCrunch
Tile launched a new cat-tracking tag on Tuesday to help you find your furry friends. The tag is essentially a modified version of the Tile Sticker with a silicone collar attachment that costs $40. The company claims that the battery of the Tile for Cats lasts for up to three years, and the sticker can […]
Tile launches a new cat tracking tag with three-year battery life by Ivan Mehta originally published on TechCrunch
Tinder today is rolling out an AI-powered update to its Photo Verification feature, which to date has allowed the app’s users to prove to others they’re neither a bot nor a catfisher. In the past, users would take pictures of themselves, posing as instructed, to become verified on the dating app and receive a blue […]
Tinder’s verification process will now use AI and video selfies by Sarah Perez originally published on TechCrunch