NomuPay, formed from pieces of failed fintech Wirecard, says it’s raised $53.6M for cross-border payments

May 31, 2023

We still see regular updates on the calamitous fallout of the 2020 collapse of Wirecard, the now-insolvent fintech out of Germany that had built an elaborate house of cards on false accounting and murky business. Meanwhile, some of the assets from that operation, now under new ownership, appear to be in growth mode. NomuPay — […]

NomuPay, formed from pieces of failed fintech Wirecard, says it’s raised $53.6M for cross-border payments by Ingrid Lunden originally published on TechCrunch

New regulation in India seeks to stub out tobacco glorification on streaming platforms

May 31, 2023

India’s health ministry has unveiled stringent guidelines for on-demand video streaming services, necessitating warnings about smoking and the use of other tobacco products when such activities are portrayed on screen. The new regulations, termed as the Cigarettes and other Tobacco Products Amendments Rules, 2023, will come into effect in three months. The updated policy mandates […]

New regulation in India seeks to stub out tobacco glorification on streaming platforms by Manish Singh originally published on TechCrunch

Volvo’s new small EV tries to optimize space with Scandinavian design

May 31, 2023

Volvo is continuing to drip-feed more information about its upcoming electric Volvo EX30 small SUV. Last week the automaker promised the new EV would have the smallest carbon footprint of any previously made Volvo vehicle. Now, Volvo is hyping up the use of Scandinavian design skills to optimize space in the small vehicle. We don’t […]

Volvo’s new small EV tries to optimize space with Scandinavian design by Rebecca Bellan originally published on TechCrunch

NXP unveils its latest processor, the i.MX 91, during Computex

May 31, 2023

During Computex today, Dutch semiconductor giant NXP announced its i.MX 91, the latest processor from its i.MX 9 series of applications processors for industrial, medical, consumer and IoT use cases. During his keynote, NXP Secure Connected Edge executive vice president and general manager Rafael Sotomayor gave some details about the new processor. Features include an […]

NXP unveils its latest processor, the i.MX 91, during Computex by Catherine Shu originally published on TechCrunch

Uber drops ride discounts for subscribers, switches to cash back

May 31, 2023

Uber is dropping the 5% discounts on eligible rides that it previously offered members of its Uber One subscription service, according to an email sent out to customers. Starting on their next billing cycle, subscribers will now earn 6% so-called “Uber Cash” on eligible rides that can be spent on Uber and Uber Eats. It’s […]

Uber drops ride discounts for subscribers, switches to cash back by Rebecca Bellan originally published on TechCrunch

Block Party’s anti-harassment tool for Twitter is going on hiatus

May 31, 2023

Now that Twitter’s API access is locked behind a tall paywall, long beloved third-party apps are shutting down. The latest to bite the dust is Block Party, an anti-harassment tool that helped people stay safe from targeted harassment on Twitter. “We’re heartbroken that we won’t be able to help protect you from harassers and spammers […]

Block Party’s anti-harassment tool for Twitter is going on hiatus by Amanda Silberling originally published on TechCrunch

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch

May 31, 2023

Taxfix leaped to a $1 billion valuation in 2022 on the back of a popular mobile app used by consumers help with tax returns. But fast forward to 2023, and the Berlin-based accounting startup is taking an audit of its own affairs. TechCrunch has learned and confirmed that Taxfix has laid off 20% of its […]

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch by Jagmeet Singh originally published on TechCrunch

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked

May 30, 2023

Few lawyers would be foolish enough to let an AI make their arguments, but one already did, and Judge Brantley Starr is taking steps to ensure that debacle isn’t repeated in his courtroom. The Texas federal judge has added a requirement that any attorney appearing in his court must attest that “no portion of the […]

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked by Devin Coldewey originally published on TechCrunch

Elizabeth Holmes is now behind bars: how we got here

May 30, 2023

Ten years ago, Elizabeth Holmes’ biotech startup Theranos was valued to be worth $10 billion. Five years ago, she was indicted for wire fraud. Finally, today, Holmes reported to prison to begin serving her sentence of 11 years and 3 months. It usually doesn’t take so long after an indictment for a defendant to be […]

Elizabeth Holmes is now behind bars: how we got here by Amanda Silberling originally published on TechCrunch