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The S&P 500 (SPY) has soared through the first half of the year. Even more impressive are the tech stocks in the Nasaq having a stellar first act on the…

ClickUp, the software-as-a-service startup that offers a workforce productivity platform and counts storied investors Andreessen Horowitz and Tiger Global among its backers, has laid off 10% of its workforce. With a total headcount of about 900 employees, it represents approximately 90 people. The company says it looks to become more efficient and be better positioned […]

ClickUp, a productivity platform that was last valued at $4B, cuts 10% of workforce by Jagmeet Singh originally published on TechCrunch

Seven tech giants have informed the European Union that its rebooted antitrust regime — the Digital Markets Act (DMA) — will apply to them. The initial seven, the majority of whom are US-based giants, are: Alphabet (Google), Amazon, Apple, ByteDance (TikTok), Meta (Facebook), Microsoft and Samsung. The DMA takes an ex ante approach to antitrust […]

‘GAFAM’ tech giants, ByteDance and Samsung expect to face EU’s rebooted antitrust regime by Natasha Lomas originally published on TechCrunch

Flipkart has begun lending to customers, expanding its financing offerings in a move that could potentially boost sales even as its chief rival Amazon has signalled a slowdown in India. The Walmart-owned Bengaluru-headquartered firm, in partnership with lender Axis Bank, is extending a credit of up to 500,000 Indian rupees, or $6,100, according to a […]

India’s Flipkart begins customer lending in bid to boost sales by Manish Singh originally published on TechCrunch

After swathes of users were unable to access parts of TweetDeck over the last few days, Twitter started rolling out a new version of the web app to users Monday. The company also added that in 30 days, users will have to be verified to access TweetDeck. This means only Twitter Blue subscribers, verified organizations, […]

Twitter said only verified users will be able to access TweetDeck after 30 days by Ivan Mehta originally published on TechCrunch

Instagram’s rumored Twitter competitor just dropped on the iOS App Store in the US. The app will be called Threads, and according to App Store data, is expected to launch on July 6. It’s a good time for Instagram to enter the fray — this past weekend, as Twitter fumbled the bag with rate-limit errors, […]

Threads, Instagram’s Twitter competitor, is expected July 6 by Amanda Silberling originally published on TechCrunch

In an effort to attract and retain workers, employers offer nontraditional perks across various industries. It is not uncommon for companies to implement summer office hours, such as Fridays off…

Twitter was even messier than usual this weekend. On Saturday, owner Elon Musk tweeted that Twitter would combat “extreme levels of data scraping,” by limiting accounts that don’t subscribe to Twitter Blue so that they could see only 600 posts per day. Once you hit the quota, almost any act on the site would trigger […]

Twitter competitors soar after yet another bad Musk move by Amanda Silberling originally published on TechCrunch

Troubled commercial EV maker Arrival has just ended a deal to merge — for the second time in less than three years — with a special purpose acquisition company. Arrival initially went public in March 2021 via a merger with special purpose acquisition company CIIG Merger Corp. in a deal valued at $5.4 billion. Since […]

EV maker Arrival’s second SPAC is now a dead SPAC by Kirsten Korosec originally published on TechCrunch