Kakao Pay, the online payment service of South Korean messaging and internet giant Kakao, announced that it has acquired a stake in Siebert Financial, a brokerage firm based in New York. Kakao spent $17 million on this transaction and the company now owns a 19.9% stake in Siebert. This is just the first step as […]
Korean fintech Kakao Pay to acquire majority stake in US brokerage firm Siebert by Kate Park originally published on TechCrunch
Meta’s earning call yesterday was upbeat on better than expected revenue for the quarter. However buried in its disclosures to investors is a stark warning on looming regulatory risk it’s facing in Europe — where a decision is expected in a matter of weeks (by May 12) that could see the tech giant ordered to […]
Meta says about 10% of its global ad revenue at risk from EU data flows order by Natasha Lomas originally published on TechCrunch
Warner Bros. Discovery has found a new partner to continue the flow of HBO content to India: Mukesh Ambani-backed Viacom18. The two said on Thursday that as part of the partnership, HBO Original, Max Original and other Warner Bros. television series will arrive on JioCinema “on the same day as the U.S.” The content deal […]
Warner Bros. partners with James Murdoch-backed Viacom18 to bring Succession, other HBO content to India by Manish Singh originally published on TechCrunch
The concept of SaaS as a business model changed the game in tech by moving users away from buying software outright and towards paying for service availability based on time-based subscriptions, typically with per-month or annual pricing. Today, a startup out of London called M3ter that is building tools to take the next step in […]
M3ter locks in $14M to expand its usage-based pricing tools for SaaS businesses by Ingrid Lunden originally published on TechCrunch
Meet Bastion, a French startup that was created in October 2022 to help small companies tackle cybersecurity risks without too many complexities. Created by former Palantir employees, the company has already raised $2.8 million. What makes Bastion different from other cybersecurity startups is that it wants to be your first and last cybersecurity subscription. It […]
Bastion is an all-in-one cybersecurity solution for small businesses by Romain Dillet originally published on TechCrunch
Tesla CEO Elon Musk might be ordered to testify under oath in a lawsuit that blames Autopilot, Tesla’s advanced driver assistance system, for a fatal crash in 2018. The tentative ruling, issued by a California judge Wednesday and first reported on by Reuters, came in a wrongful death lawsuit filed by the family of Walter […]
Elon Musk will likely testify about his Autopilot statements by Rebecca Bellan originally published on TechCrunch