Indian e-commerce giant Flipkart no longer owns a stake in payments firm PhonePe. The two said on Friday that they have completed a full ownership separation of PhonePe and shareholders in the Singapore entities of both firms have purchased shares directly in PhonePe’s India entity. The move comes as PhonePe, which was acquired by Flipkart […]
Flipkart and PhonePe complete separation by Manish Singh originally published on TechCrunch
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: 2 former SBF associates plead guilty to fraud and are cooperating with US federal prosecutors by Christine Hall originally published on TechCrunch
A brand-new law (awaiting only the president’s signature) will let the Federal Communications Commission directly regulate rates in the notoriously predatory prison calling industry. Under the threat of having to provide a solid product for a reasonable price, companies may opt to call it a day and open up the market to a more compassionate […]
The FCC can finally hammer predatory prison phone call companies, thanks to just-passed bill by Devin Coldewey originally published on TechCrunch
Password manager giant LastPass has confirmed that cybercriminals stole its customers’ encrypted password vaults, which store its customers’ passwords and other secrets, in a data breach earlier this year. In an updated blog post on its disclosure, LastPass CEO Karim Toubba said the intruders took a copy of a backup of customer vault data by […]
LastPass says hackers stole customers’ password vaults by Zack Whittaker originally published on TechCrunch
Tesla started out the month of December by offering Model 3 and Model Y buyers in the U.S. a $3,750 credit if they have their vehicle delivered in December 2022. Now with a week left in the month, the electric vehicle maker has upped that discount to $7,500, according to the company’s website. After the […]
Tesla’s $7,500 discount feels desperate, and it’s giving investors the ick by Rebecca Bellan originally published on TechCrunch
Welcome back to Chain Reaction. And happy holidays! ’Tis the season to be jolly and check your crypto portfolio before buying a few more holiday gifts for your family and friends. It’s also ’tis season for more FTX charges and SBF’s extradition… More has unfolded in the FTX collapse as its co-founder and former CTO […]
‘Tis the season for more FTX charges by Jacquelyn Melinek originally published on TechCrunch
“I think a lot of the narrative that many investors put out there about investing in more Black founders was mostly just talk.”
3 Black investors talk about what they’re looking for in 2023 by Dominic-Madori Davis originally published on TechCrunch
Happy holidays from the Ghost of Actuator Past. I’m writing you from the beginning of the month and hopefully not checking my work email or Slack as you’re reading this. I’ll be back in action next week (hopefully the bags under my eyes will have subsided slightly), but until then, I’ve got one more great […]
Notes on robotics research by Brian Heater originally published on TechCrunch
Happy holidays from the Ghost of Actuator Past. I’m writing you from the beginning of the month and hopefully not checking my work email or Slack as you’re reading this. I’ll be back in action next week (hopefully the bags under my eyes will have subsided slightly), but until then, I’ve got one more great […]
Notes on robotics research by Brian Heater originally published on TechCrunch
We’ve seen attempts at gathering all cards (credit, debit, loyalty, etc.) in one before, but Card Blanch claims to have a fresh take on the concept.
Pitch Deck Teardown: Card Blanch’s $460K deck for its angel round by Haje Jan Kamps originally published on TechCrunch