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South Korean prosecutors said Wednesday they have requested arrest warrants for eight people related to Terraform Labs for the alleged fraud as the local authorities widen their investigation into the collapse of the TerraUSD and Luna tokens that wiped tens of billions of dollars from the crypto market earlier this year. The Seoul Southern District […]

South Korean prosecutors seek arrest warrants for Terraform Labs co-founder, investors and engineers by Kate Park originally published on TechCrunch

Pinterest has shut down its Creator Rewards program that allowed creators to earn money by creating content around monthly prompts and achieving certain engagement goals. “The Creator Rewards program will end on November 30, 2022. To all the creators who participated, thank you for your partnership. We’re committed to exploring more ways to help you […]

Pinterest shuts down its ‘Creator Rewards’ program by Ivan Mehta originally published on TechCrunch

Disney paid $900 million to Major League Baseball (MLB) earlier this month to buy out the league’s remaining 15% stake in the streaming firm BAMTech, according to an SEC filing made public Tuesday. The transaction makes Disney a 100% owner of the streaming company that powers Disney+ and the firm’s other consumer services. The SEC […]

Disney coughs up $900M to acquire MLB’s remaining stake in BAMTech streaming company by Ivan Mehta originally published on TechCrunch

Telegram has disclosed names of administrators, their phone numbers and IP addresses of channels accused of copyright infringement in compliance with a court order in India in a remarkable illustration of the data the instant messaging platform stores on its users and can be made to disclose by authorities. The app operator was forced to […]

Telegram shares data of users accused of copyright violation following court order by Manish Singh originally published on TechCrunch

Over the past 11 years, eFounders has refined the startup studio model in Europe. The company has contributed to the launch of more than 30 different startups, including three unicorns — Spendesk, Aircall and Front. While things seem to be doing well for the startup studio, eFounders is pivoting — sort of. As of today, eFounders […]

eFounders morphs into Hexa, a portfolio company of startup studios by Romain Dillet originally published on TechCrunch

Despite global headwinds, Southeast Asia’s early stage startups are still going strong, say the founders of Iterative Capital. The Singapore-based venture capital firm, which runs a YC-style accelerator program, announced today it has raised $55 million for its Fund II from LPs like Cendana, K5 Global, Village Global and Goodwater Capital. Other backers include a […]

Iterative launches its second fund for Southeast Asia startups by Catherine Shu originally published on TechCrunch

One month after Nintendo debuted its first trailer for “The Super Mario Bros. Movie,” the company has revealed yet another trailer—this time giving fans a first look at Princess Peach and Donkey Kong. In the newest trailer, viewers get to see more of Illumination’s incredible animating skills with Donkey Kong, voiced by Seth Rogen, completely […]

Let’s-a-go again with a new ‘The Super Mario Bros. Movie’ trailer by Lauren Forristal originally published on TechCrunch