Top Tech Trends

Pakistan’s central bank on Friday revoked the in-principle and pilot operations approval of Tag to operate as an electronic money institution in a move that poses existential threat to the firm. State Bank of Pakistan said in an order that it is revoking Tag’s approval to operate as an electronic money institution, the permission that […]

Pakistan revokes YC-backed Tag’s fintech services, orders to pull apps by Manish Singh originally published on TechCrunch

Huobi Global, once China’s top crypto exchange, has been retooling itself since exiting from the home market following Beijing’s crypto ban. Now the company is nearing a takeover by an investment firm. Huobi Global announced today that its controlling shareholder has completed the transaction to sell its entire stake to About Capital, a Hong Kong-based […]

China’s once-popular crypto exchange Huobi Global bought by About Capital by Rita Liao originally published on TechCrunch

Rivian informed customers Friday that it is conducting a voluntary recall of all 13,000 vehicles it has delivered so far due to a loose fastener. The fastener, which may not have been sufficiently torqued on a small percentage of vehicles, connects the front upper control arm and steering knuckle. This can cause loose and vibrating tires. […]

Rivian voluntarily recalls 13,000 EVs for a potential loose fastener by Kirsten Korosec originally published on TechCrunch

Rocket Lab successfully launched an Electron rocket this afternoon with a new satellite for the Argos program, which provides connectivity to a number of scientific endeavors. It’s a milestone for the company, but more importantly marks — easily — the worst pun ever launched into space. The mission was called “It Argos Up From Here.” […]

Rocket Lab’s 8th launch of 2022 breaks record for worst pun in space by Devin Coldewey originally published on TechCrunch

Fintor, a fintech startup making it easier for non-accredited investors to invest in real estate properties, has just launched its mobile app for both iOS and Android. It also just raised a $6.2 million extension funding round from its existing investors, including Public.com, Hustle Fund, 500 Global, VU Ventures, Graphene Ventures and angel investors such […]

Real estate investing app Fintor raises $6.2M at $80M valuation by Anita Ramaswamy originally published on TechCrunch

Per Crunchbase data, the rate at which unicorns are being born has fallen nearly 80% from its peak, which was notably reached one year ago.

Plummeting unicorn births underscore a changing venture capital market by Alex Wilhelm originally published on TechCrunch

As startups look for ways to help agriculture adapt, agtech VCs share how the climate crisis informs their investment strategies.

If it’s agtech, it’s climate change: How the crisis is shaping investors’ strategies by Harri Weber originally published on TechCrunch