Credit Suisse Shares Crash, Bank Borrows Over $50 Billion
Shares in the bank plummeted by 30% on Wednesday.
The Download: India’s AI independence, and predicting future epidemics
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Inside India’s scramble for AI independence Despite its status as a global tech hub, India lags far behind the likes of the US and China when it comes to homegrown AI. That gap…
IT-as-a-Service startup Deeploi raises €3M
Deeploi, a Germany-based startup that is building an IT-as-a-Service platform, today announced that it has raised a €3 million seed funding round led by Berlin’s Cherry Ventures, with participation from a group of angels that includes the founders of Taktile, Moss, Vay and sennder. The company was founded by Julian Luebke and Philipp Hoffmann. Luebke […]
IT-as-a-Service startup Deeploi raises €3M by Frederic Lardinois originally published on TechCrunch
The FTC finalizes Epic’s $245 million settlement over sketchy Fortnite purchases
The Federal Trade Commission slammed Epic Games with $245 million in fines this week, ordering the Fortnite developer to compensate consumers who made unwitting purchases in its digital store. The settlement, first announced back in December, is now finalized. “Fortnite’s counterintuitive, inconsistent, and confusing button configuration led players to incur unwanted charges based on the […]
The FTC finalizes Epic’s $245 million settlement over sketchy Fortnite purchases by Taylor Hatmaker originally published on TechCrunch
The ‘Cocaine Cat’ Is Recovering at Cincinnati Zoo as a ‘Cat Ambassador.’
The illegal serval was rescued from a tree and brought to the hospital, where vets discovered he had cocaine in his system.
Dear Sophie: How can I return to the United States as a founder?
I worked in the U.S. on an L-1B for a year, and then changed to an H-1B before I moved back to India. What are my options for returning?
Dear Sophie: How can I return to the United States as a founder? by Walter Thompson originally published on TechCrunch
‘Big Short’ Investor: SVB Crisis Is Accelerating Economic Slowdown
Danny Moses is pessimistic after Silicon Valley Bank’s demise.
Layoffs in This Economy Don’t Have To Be Inevitable If You Reevaluate Your Spending in These Areas
We’re living amid the crisis. But in spite of the obvious economic slow-down, businesses can actually find a way to stay afloat, and without cutting their teams short. Here are a few practical tips on how to do it.
How to pitch me: 7 investors discuss what they’re looking for in March 2023
Pitch better by reading what these 7 investors are looking for, how they like to be approached, and what’s not working for them anymore.
How to pitch me: 7 investors discuss what they’re looking for in March 2023 by Walter Thompson originally published on TechCrunch
Klaviyo conducts company-wide layoffs
Klaviyo, an e-commerce marketing automation platform, has laid off 140 of its staff across all teams, including engineering and design, TechCrunch has learned from a number of sources. Klaviyo’s director of public relations, Lacey Berrien, confirmed the workforce reduction over email, adding that their “focus is supporting the departing Klaviyos who made meaningful contributions to […]
Klaviyo conducts company-wide layoffs by Natasha Mascarenhas originally published on TechCrunch
Daily Crunch: T-Mobile buys Mint Mobile’s parent company in a deal worth up to $1.35B
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: T-Mobile buys Mint Mobile’s parent company in a deal worth up to $1.35B by Christine Hall originally published on TechCrunch