The Download: China’s winning at advanced manufacturing, and a potential TikTok sale
Technology
Deepgram lands new cash to grow its enterprise voice-recognition business
Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi Ventures and Alkeon. An extension of Deepgram’s Series B that kicked off in February 2021, led by Tiger Global, it brings the startup’s total raised to $86 million, which CEO […]
Deepgram lands new cash to grow its enterprise voice-recognition business by Kyle Wiggers originally published on TechCrunch
Lyst, the UK fashion marketplace, is laying off 25% of staff
Lyst, the UK fashion e-commerce site that last year raised funding at a $700 million valuation, is the latest tech startup to rein in spending by cutting staff. TechCrunch has learned that the company is in the process of laying off 25% of its employees, working out to about 50 people, as part of a […]
Lyst, the UK fashion marketplace, is laying off 25% of staff by Ingrid Lunden originally published on TechCrunch
UK confirms removal of Online Safety Bill’s ‘legal but harmful’ clause
The UK government has completed a major revision to controversial but populist online safety legislation that’s been in the works for years — and was finally introduced to parliament earlier this year — but has been paused since this summer following turmoil in the governing Conservative Party. In September, new secretary of state for digital, Michelle Donelan, […]
UK confirms removal of Online Safety Bill’s ‘legal but harmful’ clause by Natasha Lomas originally published on TechCrunch
The AI myth Western lawmakers get wrong
India to pilot retail digital currency on December 1
India will undertake the first pilot for retail digital currency on December 1, the central bank said Tuesday, extending the test to evaluate the creation and distribution of the digital currency in the South Asian market with a closed group of customers and merchants a month after it began evaluating the CBDC for the wholesale […]
India to pilot retail digital currency on December 1 by Manish Singh originally published on TechCrunch
Apple announces winners of the App Store Awards for 2022
Today, Apple announced its list of App Store award winners for this year along with the top chart for most downloaded apps and games across free and paid categories. These awards include apps for all of the company’s platforms including the iPhone, iPad, Apple Watch, Mac, and Apple TV. For 2022, the social network app […]
Apple announces winners of the App Store Awards for 2022 by Ivan Mehta originally published on TechCrunch
CRED acquires CreditVidya
CRED is acquiring CreditVidya, a SaaS startup that helps firms underwrite first-time borrowers, in the latest of a series of investments from the Bengaluru-headquartered fintech as it broadens its infrastructure and offerings. The firms did not disclose the terms of the deal. The 10-year-old CreditVidya — headquartered in Hyderabad and backed by Navroz Udwadia, Kalaari […]
CRED acquires CreditVidya by Manish Singh originally published on TechCrunch
Founder factories: Alumni from European and Israeli unicorns have birthed 1,018 startups since 2008
A new report has shone a light on the impact that European and Israeli unicorns have had on the broader technology ecosystem since the global economic crisis 14 years ago. The report, titled Europe and Israel’s Startup Founder Factories, was produced by VC firm Accel with heavy support from startup and VC data platform Dealroom. […]
Founder factories: Alumni from European and Israeli unicorns have birthed 1,018 startups since 2008 by Paul Sawers originally published on TechCrunch