Apple has put the southern India factory of Foxconn on probation following protests from workers over subpar food and accommodation conditions, a concern both the firms acknowledged and pledged to improve. The iPhone maker didn’t say how long the probation will last, but an Apple spokesperson in India told TechCrunch that the firm “will ensure…
As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them. Backed by international LPs, Southeast Asia-focused…
GlobalBees, which raised one of the largest Series A financing rounds in India earlier this year, has entered the unicorn club as the New Delhi-headquartered firm scales its Thrasio-like house of brands. Premji Invest, the investment firm controlled by Indian tycoon Azim Premji, led the nine-month-old startup’s Series B financing round, the young firm disclosed…
Governments around the world have been looking at adopting, regulating and even banning cryptocurrencies since the inception of Bitcoin. Ever since, the crypto ecosystem has been a rocket ship ride to the moon and back (multiple times). Today, it seems that more people than ever have hopped on for the ride. We’ve also seen a…
Carisa Nietsche Contributor Carisa Nietsche is an associate fellow for the Transatlantic Security Program at the Center for a New American Security. The TechCrunch Global Affairs Project examines the increasingly intertwined relationship between the tech sector and global politics. Europe has a well-earned reputation for regulating Big Tech, taking the lead on privacy, data protection and especially…
Sean Fanning is a vice president on OpenView’s Investment team. Before that, he led the firm’s Proactive Portfolio Management function and acted as director of corporate development, supporting the portfolio on inorganic and balance sheet related initiatives. The flow of capital in SaaS is becoming increasingly bifurcated. There are the “haves” (public companies with revenue…
Sean Fanning is a vice president on OpenView’s Investment team. Before that, he led the firm’s Proactive Portfolio Management function and acted as director of corporate development, supporting the portfolio on inorganic and balance sheet related initiatives. The flow of capital in SaaS is becoming increasingly bifurcated. There are the “haves” (public companies with revenue…
Earlier this month, Craig McLuckie, the co-founder of the Kubernetes project during his time at Google and now the VP of R&D at VMware (after selling his startup Heptio to the company), was named the chairman of the Board of Directors of the Cloud Foundry Foundation. He succeeds VMware’s Paul Fazzone, who was named chairman…
Laura E. Thomas Contributor Laura E. Thomas is the senior director of National Security Solutions at quantum sensing and computing company ColdQuanta. She is a former Central Intelligence Agency case officer and Chief of Base who built and led sensitive programs at CIA headquarters and abroad in multiple international assignments. The TechCrunch Global Affairs Project examines the…
Over the last two years, New Zealand’s startup scene has seen record venture and early-stage investment. Despite the pandemic, 2020 saw $158 million invested into 108 deals, representing the third year in a row of over $100 million in investment in startups. According to a PwC report, 2020 was also the third year of more…
