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African fintech Chipper Cash saw its valuation slashed from $2 billion to $1.25 billion before FTX’s bankruptcy, according to documents shared by the Financial Times on Alameda’s venture capital portfolio. TechCrunch got a whiff of this information from sources familiar with the company’s financial situation, and though the African cross-border payments company didn’t confirm the […]

FTX marked down Chipper Cash’s $2B valuation to $1.25B by Tage Kene-Okafor originally published on TechCrunch

Google is making it easier for users to search for tabs, bookmarks, and history from the address bar with new shortcuts. You can now type @tabs, @bookmarks, or @history to begin searching for websites. Tab search is probably the handiest feature out of the lot. Chrome already offers tab search, but you have to either […]

Chrome is adding shortcuts to easily search for tabs, bookmarks, and history from the address bar by Ivan Mehta originally published on TechCrunch

Indian venture firm Blume has raised over $250 million for a new fund, its fourth and largest, as it looks to get more aggressive in courting early-stage startups and go deeper into supporting its portfolio firms at a time when the deal flow activity in the South Asian market has taken a hit from the […]

India’s Blume Ventures more than doubles in size, raises over $250 million for new fund by Manish Singh originally published on TechCrunch

Shein, the world’s largest fashion ecommerce site, has taken significant steps to ramp up its environmental, social, and governance — or ESG — efforts. But responsible fast fashion sounds like an oxymoron. How can clothes be so cheap, if their designers don’t copy luxury brands and if the factories behind aren’t squeezed out of their […]

As its fashion empire booms, Shein wants an ESG makeover by Rita Liao originally published on TechCrunch

American Battery Factory’s big plan to build a bunch of, erm, American battery factories got a jolt Tuesday when Tucson, Arizona gave the company the go-ahead to locate its first plant near the city’s airport. Over the course of a decade, ABF says it will pump around $1.2 billion into the facility, claiming it will be […]

American Battery Factory’s first ‘gigafactory’ inches toward reality by Harri Weber originally published on TechCrunch

Meta employees were told that they should not discuss sensitive issues like abortion, gun control, pending legislation and vaccine efficacy at work. Fortune reported on these changes, citing a leaked internal memo from Lori Goler, head of people at Meta. TechCrunch confirmed the report with a Meta spokesperson. “As Mark mentioned recently, we need to […]

Meta won’t let staff discuss topics like abortion, gun control and vaccines at work by Amanda Silberling originally published on TechCrunch

While most fintech unicorns are still garnering impressive valuations, the sector’s hype from last year has started to fade.

Fintech unicorn valuations have fallen hard in 2022 by Rebecca Szkutak originally published on TechCrunch

Nnamdi Okike and Aaron Holiday trust data over the kind of pattern matching that most VCs swear by. It’s not surprising, given their backgrounds. Before launching their venture firm, 645 Ventures, in 2014, Okike was a principal with the data-driven investment giant Insight Partners. Meanwhile Holiday, who came directly from DFJ Gotham Ventures, was previously […]

A data-driven duo just raised roughly $350M to fund seed-stage startups with metrics by Connie Loizos originally published on TechCrunch