It’s that time of week again, folks — Week in Review (WiR) time. For those new to the scene, WiR is TechCrunch’s regular newsletter that recaps the biggest tech stories over the past few days. There’s no better digest for the person on the go, we’d argue — but of course, we’re a little biased.…
Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Money is on my mind — as well as on the minds of chief product officers, who are increasingly in charge of business outcomes,…
OpenAI may be synonymous with machine learning now and Google is doing its best to pick itself up off the floor, but both may soon face a new threat: rapidly multiplying open source projects that push the state of the art and leave the deep-pocketed but unwieldy corporations in their dust. This Zerg-like threat may…
OpenAI may be synonymous with machine learning now and Google is doing its best to pick itself up off the floor, but both may soon face a new threat: rapidly multiplying open source projects that push the state of the art and leave the deep-pocketed but unwieldy corporations in their dust. This Zerg-like threat may…
Twitter confirmed that a security error that made Circle tweets — posts that only go out to a small subset of trusted friends — surface publicly. TechCrunch reported the glitch in early April, but the platform confirmed the issue today in an email sent to Twitter Circle users. “In April 2023, a security incident may…
Paytm, India’s leading mobile payments firm, reported a 13.2% surge in revenue to $285.7 million in the quarter ending March and pared its loss by 57% to $20.5 million in a sharp turnaround for the company that is increasingly trying to become profitable following a tremulous year and a half after its public debut. Paytm’s…
Kenya is proposing new taxes targeting the digital economy in a bid to grow domestic revenues and narrow its fiscal deficit in response to the ongoing cash crunch. The East African country plans to charge a 3% tax on the transfer or exchange value of digital assets, while content creators will pay 15% on online…
Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This is the second round of job cuts at Meesho, which eliminated about 150 roles a year ago. The Bengaluru-headquartered startup, backed by Fidelity, Prosus, SoftBank,…
It’s been almost five years since this editor sat down with longtime VC Harry Nelis and three other investors from Accel’s London office to talk about the trends rippling through the venture industry. At the time, our talk largely centered on Brexit and SoftBank’s feverish pace of investment, which at the time was beginning to…
Enterprise software companies aren’t wasting any time integrating generative AI into their products. Despite the relatively recent explosion in interest around large language models built by companies like OpenAI and Anthropic, tech companies big and small are charging into baking the technology into their products and services. You’ve seen the headlines by now: Slack is…
