India’s Swiggy said on Thursday that its food delivery business has become profitable, eclipsing its publicly-listed rival Zomato on another key metric a day before the firm is set to report its quarterly earnings. The Bengaluru-headquartered startup — which counts Prosus Ventures, SoftBank and Invesco among its backers — became profitable in March this year, […]
Swiggy’s food delivery business reaches profitability by Manish Singh originally published on TechCrunch
Apple launched its online Apple Store in Vietnam on Thursday, expanding its business in what is quickly becoming a key overseas market for the iPhone-maker. People in the country can now shop Apple products directly from the site and have it delivered to them across the South Asian country. An online store will also allow […]
Apple launches its online store in Vietnam by Ivan Mehta originally published on TechCrunch
One pretty obvious aspect of the climate emergency which may have flown under your radar is that human-driven global heating is disrupting traditional approaches to risk modelling around natural disasters since probabilistic models based on stuff that happened in the past start to come unstuck atop so much unprecedented change. Step forward Mitiga Solutions, a […]
Climate risk startup Mitiga gets $14.4M to help businesses face an uncertain future by Natasha Lomas originally published on TechCrunch
Amini, a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $2 million in a pre-seed funding round. Pale Blue Dot, the European climate-focused venture capital firm that announced a $100 million fund last week, led the oversubscribed round. At the same time, Superorganism, RaliCap, […]
Pale Blue Dot backs Amini, an African climate tech startup solving environmental data scarcity by Tage Kene-Okafor originally published on TechCrunch
Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday, as it pushes ahead to scale up its AWS business in the key overseas market at a time when it has cut several other spendings in the region. The company, which has earlier invested $3.7 billion […]
AWS to invest $12.7 billion in India by Manish Singh originally published on TechCrunch
It’s no secret that Elon Musk has been deeply frustrated with OpenAI since stepping down from its board in February 2018, culminating in an open letter calling for the organization to pause work on more powerful systems. “It does seem weird that something can be a nonprofit, open source, and somehow transform itself into a […]
Elon Musk used to say he put $100M in OpenAI, but now it’s $50M: Here are the receipts by Kirsten Korosec originally published on TechCrunch
Montana Governor Greg Gianforte just signed the nation’s strongest restrictions on Chinese-owned social media app TikTok into law. TikTok has faced mounting pressure in the U.S. from Congress and state legislatures alike in recent months, but Montana’s actions escalate those threats considerably, even if the issue of enforcement remains an open question. To protect Montanans’ […]
Montana just banned TikTok by Taylor Hatmaker originally published on TechCrunch