Terra’s Do Kwon says South Korea’s charges against him not legitimate and politically motivated

October 18, 2022

Do Kwon says charges levelled against him by the South Korean prosecutors are not legitimate and politically motivated, sharing a rare update on what has become one of the most high profile events in the crypto industry this year in the aftermath of the $40 billion wipeout of his Terra blockchain. Kwon said he has […]

Terra’s Do Kwon says South Korea’s charges against him not legitimate and politically motivated by Manish Singh originally published on TechCrunch

UK launch startup Orbex closes fresh funding in push to first orbital launch next year

October 18, 2022

The United Kingdom is known for many things, but rocket launches are not one of them. Spaceflight startup Orbex is part of a slew of U.K.-based companies hoping to change that by bringing vertical launch to U.K. soil for the first time. Orbex is aiming to conduct its first orbital rocket launch as early as […]

UK launch startup Orbex closes fresh funding in push to first orbital launch next year by Aria Alamalhodaei originally published on TechCrunch

Kenzz, an Egyptian e-commerce platform for the mass market, grabs $3.5M seed funding

October 18, 2022

Kenzz, an e-commerce platform bringing shopping to the mass market in Egypt and MENA, is announcing that it has raised $3.5 million in seed funding. U.S.-based and MENA-focused venture capital firm Outliers Ventures led the round. Some of the participating investors include HOF Capital, Foundation Ventures, and Samurai Incubate. The company, founded this February by […]

Kenzz, an Egyptian e-commerce platform for the mass market, grabs $3.5M seed funding by Tage Kene-Okafor originally published on TechCrunch

V3 Ventures launches to put €100M into startups in health, beauty and food

October 18, 2022

Verlinvest, a family-backed, “evergreen”, growth fund investor, that has previously funded a few well-known consumer brands like Oatly, Vita Coco, Tony’s Chocolonely, Who Gives A Crap, Pedego, Chewy.com, Hint & others, is getting into the venture game. After putting around €50m into VC initiatives globally, it’s now embarking on being the kick-starter LP in a […]

V3 Ventures launches to put €100M into startups in health, beauty and food by Mike Butcher originally published on TechCrunch

IT Firms Onboard Over One Lakh Freshers

October 18, 2022
IT industry experts’ analysis stated that, the fear of global recession and spate of layoffs in the startup space are expected to have a sobering effect on high attrition levels in Indian IT industry over the next 2 to 3 quarters

Byju’s Raises $250 Million From Existing Investors

October 18, 2022
With this funding round, Byju’s total fundraise since its inception in 2013 moves close to $6 billion, in which half of it spent for acquisitions and strategic investments in 18 to 20 startups

Revyze is building the TikTok of educational videos

October 18, 2022

Meet Revyze, a French startup that is developing a mobile app for iOS and Android at the intersection of education and social. In many ways, Revyze looks just like TikTok. But it is focused specifically on educational content for teenagers. “We talked with kids attending 30 or 35 different high schools,” co-founder Florent Sciberras told […]

Revyze is building the TikTok of educational videos by Romain Dillet originally published on TechCrunch

YouTube ends the test asking users to get a premium subscription to watch 4K videos

October 18, 2022

Earlier this month, YouTube ran an experiment where it asked some free users to upgrade to a premium account to watch videos in 4K resolution. The company has now ended this test — probably because of uproar from users. In a tweet, YouTube confirmed the end of the experiment and said, “viewers should now be […]

YouTube ends the test asking users to get a premium subscription to watch 4K videos by Ivan Mehta originally published on TechCrunch

Who is going to buy Cadillac’s $300,000 hand-built EV?

October 18, 2022

The battery-electric Celestiq sedan, which starts “north of $300,000,”  is tasked with more than restoring Cadillac to its former glory; it now must back executives’ bold claim to “reestablish the iconic brand as the standard of the world.” But with a price tag more than three times the average transaction price of a vehicle from […]

Who is going to buy Cadillac’s $300,000 hand-built EV? by Jaclyn Trop originally published on TechCrunch