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India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount
Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch. The startup is engaging with investors, including Malaysia’s sovereign wealth fund Khazanah, for the new funding, the sources […]
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What we learned from the indictment of LockBit’s mastermind
On Tuesday, U.S. and U.K. authorities revealed that the mastermind behind LockBit, one of the most prolific and damaging ransomware groups in history, is a 31-year-old Russian named Dmitry Yuryevich Khoroshev, aka “LockbitSupp.” As it’s customary in these types of announcements, law enforcement published pictures of Khoroshev, as well as details of his group’s operation. […]
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Jumia is back, growing total sales and orders in Q1 2024
Jumia, an African e-tailer, attributes this growth to continued improvements in its supply and product assortment.
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Jobs Are Disappearing — These 3 Strategies Are What You Need to Future-Proof Your Career
‘An Obvious Move’: Elon Musk Suggests Warren Buffett Should Make This Investment Move Next
10 Ways to Use AI for Hyper-Personalized Marketing
Is It an iPad or a MacBook? Apple Makes It Tough to Tell By Revealing 13-Inch iPad Air With ‘Outrageously Powerful’ M4 Chip for AI
Inside Mercury’s competitive push into software and Ramp’s potential M&A targets
Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8 a.m. PT, subscribe here. (New day and time, same awesome newsletter!) The big story Digital banking startup […]
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Here’s Apple’s new iPad lineup
While the entry-level iPad didn’t receive an update, the company lowered its price, too. And of course, yes, the iPad mini is still around.
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