No company, no . . . problem? – TechCrunch

There are many reasons to think the traditional venture industry may be at a tipping point after a very good run. The most obvious indication are the sizzling returns private investors have made in recent years, while public shareholders haven’t fared so well. Consider data published yesterday by the WSJ, showing that venture-backed darlings to…

Behavioral ad industry gets hard reform deadline after IAB’s TCF found to breach Europe’s GDPR – TechCrunch

A piece of compliance theatre that the behavioral ad industry has for years passed off as “a cross-industry best practice standard” — claiming the consent management platform allowed advertisers to keep tracking and surveilling European Internet users without having to worry about pesky EU privacy laws — has today been confirmed to breach the bloc’s…

Withings buys workout app, 8fit – TechCrunch

French health wearables firm Withings today announced that it has acquired 8fit, makers of the workout/meal planning app of the same name. The news comes as hardware makers ranging from Apple and Samsung to Peloton and Mirror are taking an increasingly content-forward approach to the fitness space. Berlin-based 8fit launched in 2014, growing into a…

Egypt’s YFS gets $7M to scale its on-demand logistics and delivery business across MENA – TechCrunch

On-demand delivery in the Middle East and North Africa is estimated to reach $47 billion by 2030. In its largest and fastest-growing economy, Egypt, many platforms operate in different segments of e-commerce and logistics while serving businesses and customers. Today, one of those companies, Yalla Fel Sekka (YFS), whose business involves building a network of…