Social commerce CityMall, which unveiled a $75 million financing round in late March, is cutting 191 jobs, the latest Indian startup to eliminate roles as it looks to better navigate the sharp reversal in the markets. The Gurugaon-headquartered startup, which has raised over $110 million and counts General Catalyst, Norwest Venture Partners and Jungle Ventures…
As several Apple stores across the country fight to unionize, workers in Towson, Maryland became the first to win formal recognition. Out of 110 eligible employees, the union received 65 yes votes and 33 no votes. This historic victory comes after concentrated efforts from Apple to discourage its retail workers from unionizing. Last month, the…
As several Apple stores across the country fight to unionize, workers in Towson, Maryland became the first to win formal recognition. Out of 110 eligible employees, the union received 65 yes votes and 33 no votes. This historic victory comes after concentrated efforts from Apple to discourage its retail workers from unionizing. Last month, the…
Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get this newsletter in your inbox every Thursday by subscribing on TechCrunch’s newsletter page. crash redux We’ve talked crypto crashes a couple times already in the…
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. API-first companies aren’t a new thing, but I have been paying more attention to them since TechCrunch Disrupt 2021, where I moderated a panel…
Forgive me if I’m over here, in the corner, having vibrant flashbacks to the Commodore 64, my very first computer. Today, Pentaform launches its AbacusBasic, a computer built into a keyboard. It comes with Windows 10 and everything you need to do computer-y things. You still need a monitor, but there are a few solutions…
Hey Siri, when does a “macroeconomic downturn” become a “recession”? It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency prices. But let’s start with some good news: your children can get vaccinated against COVID-19! Back to the bad news: We’re writing another weekly layoffs column, because once again, there’s been…
Hey Siri, when does a “macroeconomic downturn” become a “recession”? It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency prices. But let’s start with some good news: your children can get vaccinated against COVID-19! Back to the bad news: We’re writing another weekly layoffs column, because once again, there’s been…
A little over a week ago, the European Union reached an agreement that will require hardware manufactures to adopt a common charger — specifically the USB-C standard — by 2024. Yesterday, a trio of Democratic senators sent an open letter to Commerce Secretary Gina Raimondo urging that the United States follow suit. The letter, signed…
Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently abandoning the very segment it started out to serve – small and medium-to-sized businesses. Startup customers report that they got notice they would be booted off the platform on August 15. Brex published a brief explanation…
