An angel investor was so intrigued by this startup, he joined as a co-founder

February 4, 2025

Welcome to TechCrunch Fintech!  This week we’re looking at a startup out to help people navigate long-term care, a flurry of activity in Africa, another fintech company shutdown, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The […]

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Okta lays off 180 employees – nearly one year after last workforce reduction

February 4, 2025

U.S. access and identity management giant Okta laid off 180 employees on Tuesday, the company confirmed to TechCrunch – just over one year after it let go of 400 workers. The company also conducted another workforce reduction in February of 2023 that affected 300 employees. While Okta did not share how many employees it has […]

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China may probe Intel for antitrust: report

February 4, 2025

Amid China’s retaliation to recently-announced U.S. tariffs, Intel may find itself in the hot seat with China’s regulators. China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the Financial Times. This would be in addition to the set of tariffs against the U.S. that China announced on Monday. Per […]

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EU puts out guidance on uses of AI that are banned under its AI Act

February 4, 2025

The first compliance deadline kicked in a couple of days ago for the European Union’s AI Act, a risk-based framework for regulating uses of artificial intelligence — banning a narrow selection of so called “unacceptable risk” use-cases of AI, such as social scoring that could lead to detrimental or unfavourable treatment; or harmful manipulation using […]

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Deel unloads $300M in secondary sale, brings General Catalyst on as an investor

February 4, 2025

Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General […]

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DSTLRY, the comic books marketplace, launches new customization features for artists

February 4, 2025

DSTLRY, a venture-backed digital comic books marketplace, on Tuesday added a pair of features designed to bring customization to the platform. The first feature, dubbed Commissioned Digital Remarques, allows creators to add personalized sketches and signatures to digital comics. The second, Unlimited Digital Covers, expands platform-wide access to alternative comic book covers. Commissioned Digital Remarques […]

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