Others

AirTree and Greycroft return to lead Australian regtech FrankieOne’s Series A+

November 28, 2022

FrankieOne, a Melbourne-based startup that provides an API platform for identity verification and fraud detection, said it has added $23 million AUD (about $15.4 million USD) in a Series A+, taking its Series A’s total to $45 million AUD (about $30 million USD). FrankieOne says this is the largest amount of VC funding raised by […]

AirTree and Greycroft return to lead Australian regtech FrankieOne’s Series A+ by Catherine Shu originally published on TechCrunch

AWS announces Digital Sovereignty Pledge

November 28, 2022

Right on time for its annual post-Thanksgiving re:Invent festivities in Las Vegas, AWS last night announced its “AWS Digital Sovereignty Pledge” — and before you click away, let me just point out that this is definitely more important than the prosaic name implies. As nations across the globe introduce legislation that governs how and where […]

AWS announces Digital Sovereignty Pledge by Frederic Lardinois originally published on TechCrunch

Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries

November 28, 2022

India’s VerSe Innovation — the $5 billion Indian startup behind news aggregator Dailyhunt, short-video platform Josh, and hyperlocal video app PublicVibe — has cut 150 employees, or 5% of its workforce of 3,000, TechCrunch has learned and confirmed. The Bengaluru-based startup informed impacted employees on Friday and separately held a town hall meeting on Monday […]

Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries by Jagmeet Singh originally published on TechCrunch

SWVL reduces its headcount by 50% six months after axing 400+ staff

November 28, 2022

Cairo-born and Dubai-based mass transit and shared mobility services provider SWVL has carried out its second round of layoffs affecting 50% of its remaining headcount, according to a statement shared by the company.  The news is coming six months after SWVL laid off 32% of its workforce in a “portfolio optimization program” effort geared towards […]

SWVL reduces its headcount by 50% six months after axing 400+ staff by Tage Kene-Okafor originally published on TechCrunch