After trying for years to replicate the success of its QR code-enabled payments solution overseas, Ant Group seems to have finally found a path to scaling. Instead of going after end users, the Alibaba-affiliated fintech giant has been quietly forming partnerships with local payments providers in Asia. It’s built something akin to the Mastercard or…
UPDATE: Based on tweets from employees showing that they’ve lost access to their work emails and Slack, layoffs are starting to happen: All your access suddenly shut off in the middle of the night? Same 🙃 — ariasafaria (@SrinivasanAria) November 4, 2022 Has it already started? Happy layoff eve! pic.twitter.com/0AcaQjGJvm — Rumman Chowdhury (@ruchowdh) November…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Oh heeeey! How are you doing today? We’ve had a pretty busy day on the site today, with a veritable cornucopia of news spilling all over the internet. We’ve selected some of…
A cybercriminal group has compromised a media content provider to deploy malware on the websites of hundreds of news outlets in the U.S., according to cybersecurity company Proofpoint. The threat actors, tracked by Proofpoint as “TA569,” compromised the media organization to spread SocGholish, a custom malware active since at least 2018. The media company in…
A lot of things might spring to mind when you hear “fashion,” but taking care of the planet generally isn’t on that list. Smartex just raised a couple of bolts’ worth of cash, sowing up a round of funding to bring smart tech to fabric manufacturing. The hope is to be able to detect textile…
Twitter is canceling its Chirp conference for developers amid management transition, the company said late Thursday. After Elon Musk took over the company last month, there have been several executive exits and directional changes in the company’s product strategy. So it is not surprising that social network is abandoning its plan for the conference’s return…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hellooooo, guess what? It’s November! We guess it was actually November yesterday, too, but we failed to notice, because LOL what even is time, amirite. Anyway, put away your Halloween costumes and…
In recent months, conversations around NFT creator royalties shifted as some platforms abandoned royalties for other alternatives. Not everyone is happy about it. “Every platform had royalties about a year ago,” Alex Salnikov, chief strategy officer and co-founder of NFT marketplace Rarible, said to TechCrunch. Then half a year passed and some marketplaces stopped implementing…
News on Tencent and China Unicom is causing a stir in China’s tech industry on Wednesday afternoon. The gaming and social networking behemoth and the state-owned carrier have received regulatory approval to set up a joint venture, according to a government announcement. Following the transaction, Tencent and China Unicom will respectively own 42% and 47%…
A prolific investor in climate-tech companies in Canada is back with a second fund for “low-carbon technologies” — only this time the firm plans to pump less money into the scene, over a longer period of time. The Business Development Bank of Canada (BDC) came out with a new, $400 million climate-tech fund on Wednesday,…
