DOJ lawsuit against Apple is headline grabber with limited near-term impact

March 22, 2024

The U.S. Department of Justice filed a lawsuit against Apple Thursday, accusing the company led by CEO Tim Cook of engaging in anti-competitive business practices. The allegations include claims that Apple prevents competitors from accessing certain iPhone features and that the company’s actions impact the “flow of speech” through its streaming service, Apple TV+. However, […]

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UK confirms in-depth antitrust probe into Three and Vodafone’s planned $19B merger

March 22, 2024

The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA says that the deal could lead to higher prices for consumers, while also impact future infrastructure investments. However, the CMA has given both parties a token five […]

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Nsave gets $4M to enable people from unstable economies open offshore accounts

March 22, 2024

Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel and FONGIT: the State of […]

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DOJ calls Apple’s privacy justifications an ‘elastic shield’ for financial gains

March 22, 2024

The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”: “Apple deploys privacy and security justifications as an elastic […]

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WhatsApp now lets you pin up to three messages

March 22, 2024

WhatsApp announced Thursday that users can now pin up to three messages in a chat to access them easily. Until now, users could pin only one message on top of a conversation with a contact or a group. Both Meta CEO Mark Zuckerberg and WhatsApp head Will Cathcart announced this feature on their respective WhatsApp […]

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World Fund closes first €300M ClimateTech fund, seeking to follow-on and backing hardware

March 22, 2024

After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable number given a background of war and economic uncertainty. The VC originally emerged from the founders of the Ecosia independent search engine, where search enquires funded the planting of […]

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Here’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised

March 21, 2024

Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the cofounders, much of the staff, and the rights to use the tech hasn’t been publicly revealed. And Microsoft declined comment when asked. But unnamed sources tell the Information that it’s plunking out approximately […]

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Wing Venture’s Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024

March 21, 2024

Crafting the perfect venture capital pitch is so simple that there’s an industry of consultants to help founders get their decks in order. TechCrunch has a long-running series of Pitch Deck Teardowns to help founders, and you can find an infinite number of Twitter threads on the subject. Easy, right? If only it were so. […]

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