Others

In October last year, Sendy, a Kenyan logistics scale-up, wound up its supplies service, which enabled retailers to purchase FMCGs directly from manufacturers, saying it was directing all its focus on its end-to-end fulfillment offering. Months later, the company is ceasing on-ground operations in Nigeria, one of its four markets in Africa. This means that […]

More job cuts loom as Sendy changes course in Nigeria by Annie Njanja originally published on TechCrunch

Amazon detailed the costs of its content business during its fourth-quarter earnings on Thursday, citing that its content expenses jumped to $16.6 billion in 2022, a 28% increase from $13 billion in 2021. According to Chief Financial Officer Brian Olsavsky, around $7 billion of that figure went towards Amazon Originals, live sports programming, and licensed third-party […]

Amazon ramped up content spending to $16.6B in 2022, including $7B on originals by Lauren Forristal originally published on TechCrunch

A New York-based spyware maker has agreed to notify the individuals whose phones were compromised by its mobile surveillance software, following a deal with the New York attorney general’s office announced Thursday. Under the agreement, Patrick Hinchy, whose 16 companies promoted apps like PhoneSpector and Highster, will also pay $410,000 in civil penalties for illegally […]

New York attorney general orders stalkerware maker to notify hacked victims by Zack Whittaker originally published on TechCrunch

Information is power, especially when you’re just beginning your startup journey. Whether you’re in the idea stage or building on the friends-and-family plan or preparing to pitch investors, it’s imperative to understand the shifting VC funding landscape as you plan for future growth. It’s no secret that funding is harder to come by in this […]

VC Kerty Levy discusses the Northeast seed market by Lauren Simonds originally published on TechCrunch

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Natasha Mascarenhas and Becca Szkutak took to their mics to sing a duet about this week’s startup news. Just kidding! But we did highlight some fun companies raising capital and talked […]

The impact investor and climate correspondent walk into a bar by Rebecca Szkutak originally published on TechCrunch

The Indian government has ordered the telecom operator Vodafone Idea to convert all the interest the firm owes to the government into equity in the firm. Vodafone said it has been ordered to convert capital worth $1.96 billion into equity. The company “will take all necessary actions forthwith to undertake the aforesaid issuance,” Vodafone Idea […]

India orders Vodafone Idea to convert government dues into $2 billion equity by Manish Singh originally published on TechCrunch

Nature is healing, the tech show is returning to in-person events. I’m not sure I’m entirely over CES less than a month after returning from Vegas, but we’re already in full planning mode for TechCrunch’s return to Barcelona. We’ll be sending an extremely scaled down team to this year’s event, but while we’re in Catalonia, […]

Is your startup heading to MWC? TechCrunch wants to hear from you by Brian Heater originally published on TechCrunch

TechCrunch Live is back, and we’re thrilled to have hosted this conversation with Sameer Shariff, CEO and co-founder of Cambly, and Sarah Tavel, partner at Benchmark. During this hour-long event, you’ll hear how Cambly used a failed Series A fundraise to force the company into a cash-positive position. And once the company didn’t need outside […]

Watch Cambly CEO and Benchmark partner explain startup fundraising tactics by Matt Burns originally published on TechCrunch

A few reasons why the prospects of the Ukrainian tech sector aren’t as bleak as they may seem from the outside.

Why invest in Ukrainian startups today? by Ram Iyer originally published on TechCrunch