Others

Even as cloud infrastructure market growth slows, Microsoft continues to gain on Amazon

February 6, 2023

It was a rough quarter for the cloud infrastructure market as companies looked for ways to cut back on spending in an uncertain economy. When you combine that with the strong dollar and a weak Chinese market, the market slowed to 21% growth, a precipitous drop from the 36% growth we had seen the year […]

Even as cloud infrastructure market growth slows, Microsoft continues to gain on Amazon by Ron Miller originally published on TechCrunch

Wikipedia unblocked in Pakistan after Prime Minister’s intervention

February 6, 2023

Pakistan has unblocked Wikipedia in the South Asian market, three days after the online encyclopedia was censored in the nation over noncompliance with removing what the local regulator deemed as “sacrilegious” content. Shehbaz Sharif, the Prime Minister of Pakistan, directed the unblocking order, calling the censorship on Wikipedia “not a suitable measure to restrict access […]

Wikipedia unblocked in Pakistan after Prime Minister’s intervention by Manish Singh originally published on TechCrunch

FTX wants politicians and PACs to return their donations

February 6, 2023

FTX and its affiliated debtors have sent confidential letters asking politicians, PACs and other recipients of funds to return donations made by the crypto exchange once valued at $32 billion. The recipients are being asked to return donations — or potentially face repercussions — to the now-bankrupt exchange, according to a Sunday statement from FTX. […]

FTX wants politicians and PACs to return their donations by Jacquelyn Melinek originally published on TechCrunch

EV SPAC Canoo agrees to sell $52M in stock to stay alive

February 6, 2023

Canoo has agreed to sell 50 million shares at a steeply discounted price as the cash-strapped EV company seeks the money it needs to keep its operations running. Canoo said Monday it would sell 50 million new shares to unnamed investors for $1.05 per share, a 16% discount from its closing price Friday. The shares […]

EV SPAC Canoo agrees to sell $52M in stock to stay alive by Kirsten Korosec originally published on TechCrunch

Zenly co-founder returns with new social app company, Amo

February 6, 2023

Last year, Snap shut down Zenly, a popular social mapping app it acquired for over $200 million in 2017, despite the fact that Zenly still had 40 million active users and growing. Users were understandably upset. But now, Zenly co-founder Antoine Martin says he’s returning to the social app market with the launch of a […]

Zenly co-founder returns with new social app company, Amo by Sarah Perez originally published on TechCrunch

Practice your startup pitch on TechCrunch Live with Mayfield and Cube

February 6, 2023

Practice pitching your startup on this week’s TechCrunch Live. I have two amazing guests and they bring along a lot of startup pitching experience. Three guests of this week’s TechCrunch Live event will have two minutes to practice their elevator pitch and they’ll get four minutes of candid feedback from the two guests. This week, […]

Practice your startup pitch on TechCrunch Live with Mayfield and Cube by Matt Burns originally published on TechCrunch

India blocks Kissht and PayU’s LazyPay in fresh crackdown

February 6, 2023

Finrtech Kissht and PayU’s LazyPay are among the apps that India’s IT Ministry has blocked in the ongoing crackdown as New Delhi moves to curb the misuse of consumers’ data and protect the nation’s integrity. The LazyPay website has been blocked by several internet service providers in the country. A message on the Prosus-owned website […]

India blocks Kissht and PayU’s LazyPay in fresh crackdown by Manish Singh originally published on TechCrunch