Google CEO Sudar Pichai said that the company’s Google One cloud storage service is ” just about to cross” 100 million subscribers. Speaking during Alphabet’s Q4 2023 earning call, Pichai added that the company is looking to add more AI-powered features to the Google One service. The search giant first launched Google One in 2018. […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Accel, an early investor in Indian e-commerce giants Flipkart and Myntra, is preparing a new fashion e-commerce bet in India even as competition intensifies with the recent expansion of Mukesh Ambani’s Ajio platform. Accel is in advanced talks to lead a $15-20 million funding round into Newme, an Indian fast-fashion e-commerce startup, according to four […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, conducted another round of layoffs earlier this month. Wattpad has cut less than 30 jobs, or roughly 15% of its workforce, a source familiar with the situation told TechCrunch. According to local media outlets, including The Korea Economic Daily, the cut impacted about 30 employees. A […]
© 2024 TechCrunch. All rights reserved. For personal use only.
A Delaware judge ruled Tuesday that Elon Musk’s $56 billion multi-billion pay package is unfair, voiding the largest in compensation deal in corporate history. The decision, issued Tuesday in the Delaware Court of Chancery by Judge Kathaleen McCormick, means that Musk, the world’s richest person, can’t keep the 2018 compensation package. The ruling can be […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Move over, TikTok. Ofcom, the U.K. regulator enforcing the now official Online Safety Act, is gearing up to size up an even bigger target: search engines like Google and Bing and the role that they play in presenting self-injury, suicide and other harmful content at the click of a button, particularly to underage users. A […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Universal Music Group (UMG), the label representing artists including Taylor Swift, Billie Eilish, and Ariana Grande, says that it’ll pull its music from TikTok tomorrow at midnight after failing to reach a deal with the platform’s parent company, ByteDance, over royalties. UMG won’t seek to renew its current arrangement with TikTok, set to expire on […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Giant Ventures, a UK-based VC that has made a habit of investing on both sides of the Atlantic, is launching two new funds, totalling $250 million. It’s previous fund had totalled $100 million. The firm invests across climate, health, and what it calls ‘purpose-driven’ startups and some used to call ‘impact’ or ‘mission-driven’. Whatever the case, […]
© 2024 TechCrunch. All rights reserved. For personal use only.