Others

Meta’s surveillance-based business model is facing an interesting legal challenge in the UK from an individual who’s suing over its continued processing of her data for ad targeting — despite her objection. The legal challenge — which is being brought by human rights campaigner, Tanya O’Carroll — is seeking a declaration that Meta is in […]

Meta’s surveillance biz model targeted in UK ‘right to object’ GDPR lawsuit by Natasha Lomas originally published on TechCrunch

Secure communications provider Wickr has announced that it will shutter its free encrypted messaging app, Wickr Me, next year. Wickr was founded in 2011 and became one of the first mainstream end-to-end encrypted messaging apps, until it was acquired by Amazon’s cloud services giant Amazon Web Services in 2021. In a post published Friday, Amazon said […]

Amazon-owned Wickr is shutting down its free encrypted messaging app by Carly Page originally published on TechCrunch

Tech giants that play in India’s e-commerce sphere are overrun with fake reviews. Today, the country’s regulators finally moved ahead with a new set of rules aiming to curb that. The Indian government has released a framework to curb fake and misleading reviews on e-commerce platforms and portals offering tour and travel services, restaurants, eateries […]

India issues guidelines to curb fake reviews on e-commerce platforms by Jagmeet Singh originally published on TechCrunch

The U.K.’s Competition and Markets Authority (CMA) has initiated a so-called “phase 1” investigation into Broadcom’s proposed $61 billion deal to buy virtualization software giant VMware. The news comes shortly after news emerged that the European Commission (EC) was also proceeding with an investigation into what would be one of the biggest tech acquisitions of […]

Broadcom’s proposed $61B VMware acquisition scrutinized by UK regulators by Paul Sawers originally published on TechCrunch

France, the outgoing council chair, will hand over the presidency to India. The minister of state for electronics and IT, Rajeev Chandrasekhar will represent India at the GPAI meeting

The funding winter for the startup ecosystem may continue for another 12 to 18 months and the industry might have to grapple with a “lot of turmoil and volatility,” e-commerce giant Flipkart chief executive Kalyan Krishnamurthy has warned executives. “This is going to be tough next year. My estimate is that a lot of startup […]

Flipkart chief warns startups of turmoil and funding crunch for another 12 to 18 months by Manish Singh originally published on TechCrunch

French startup Fairmat closed a $35 million Series A funding round (€34 million) last month. It wants to turn carbon fiber composite that is no longer in use into a new material that can be used in new products. Temasek and CNP (Compagnie Nationale à Portefeuille) are leading the round with Pictet Group, Singular, The […]

Fairmat raises $35 million to recycle carbon fiber composite into a new material by Romain Dillet originally published on TechCrunch

The Walt Disney Co. said today that Bob Iger is returning to head the company as Bob Chapek is stepping down from the CEO post. Iger, who officially left the company last year, is set to take the command immediately. The company said that he will serve as the CEO for two years. “We thank […]

Bob Iger is returning to head Disney as Bob Chapek steps down by Ivan Mehta originally published on TechCrunch

At our TC Sessions: Crypto event last week in Miami, I sat down with Bitwise Asset Management General Counsel and Chief Compliance Officer Katherine Dowling, Perkins Coie Partner Sarah Shtylman and Paradigm Policy Director Justin Slaughter to talk about the crypto regulation landscape, with a specific focus on the U.S. What we didn’t know heading […]

What to expect from crypto regulation in the wake of the FTX scandal by Darrell Etherington originally published on TechCrunch