Personal tax planning can ultimately impact a founder’s take-home proceeds as much as exit-level valuation changes can.
How much tax will you owe when you sell your company? by Ram Iyer originally published on TechCrunch
Google is requiring loan apps in Kenya to submit proof of license to operate in the country, failure to which they risk removal from Play Store, its digital distribution service. Those that have applied for licensing from Central Bank of Kenya, and can produce evidence of the same, may also be spared. Google’s action has, […]
Google clamps down on illegal loan apps in Kenya, Nigeria by Annie Njanja originally published on TechCrunch
Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on […]
China’s EV upstart Nio switches on power swap station in Sweden by Rita Liao originally published on TechCrunch
A day after a bill that would codify same-sex marriage in the U.S. cleared a key hurdle in the Senate, Daylight, a digital bank that pitches itself as LGBTQIA+-friendly, closed a $15 million Series A round led by Anthemis Group with participation from CMFG Ventures, Kapor Capital, Citi Ventures and Gaingels. Daylight Co-founder and CEO […]
Daylight, the LGBTQ+ neobank, raises cash to launch subscription plan for family planning by Kyle Wiggers originally published on TechCrunch
India has proposed a new comprehensive data privacy law that will mandate how companies handle data of its citizens, including permitting cross-border transfer of information with certain nations, three months after it abruptly withdrew the previous proposal following scrutiny and concerns from privacy advocates and tech giants. The nation’s IT ministry published a draft of […]
India proposes permitting cross-border data transfers with certain countries in new privacy bill by Jagmeet Singh originally published on TechCrunch
India’s space agency has successfully launched the Vikram-S after much anticipation and years-long work in a boost to the private sector of the nation’s space industry. The Indian Space Research Organization (ISRO) kicked off the suborbital rocket at 11.30 a.m. local time Friday from the Satish Dhawan Space Centre in Sriharikota, India’s east coast. The […]
India’s first private rocket, built by startup Skyroot, makes successful launch by Jagmeet Singh originally published on TechCrunch
GoTo Group is cutting 1,300 jobs, or 12% of its workforce, it informed staff early Friday, as Indonesia’s largest internet company attempts to trim costs and improve finances. “Achieving financial independence more quickly has a profound cost for us, because when we take a hard look at how we fundamentally need to change (business focus […]
GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long by Manish Singh originally published on TechCrunch
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Google upgrades Search, Shopping and Maps with more data, AR and accessibility by Christine Hall originally published on TechCrunch
Hidden fees and unexpected rate hikes have become an expected part of Americans’ internet, cable, and phone bills, but the FCC just passed a rule that may make this a lot less common. Broadband providers will now have to “prominently” display a “nutrition label” with all fees, catches, and caps clearly stated for any plan […]
FCC orders ISPs to show broadband ‘nutrition labels’ with all fees and limits by Devin Coldewey originally published on TechCrunch