When Elon Musk announced his intention to terminate his $44 billion bid for Twitter, the social media company didn’t give up easily. Today, Twitter sued the SpaceX and Tesla CEO for refusing to uphold his contractual obligation to buy the platform. The company’s lawyers claim that Musk’s concerns about Twitter’s bot numbers are illegitimate. When…
Another CEO is stepping back from the company he launched. This time, it’s famed serial entrepreneur Ev Williams, who said today that he is relinquishing his full-time role with Medium, an online platform that hoped would transform publishing on the internet by giving anyone with an interest in writing a space to do it in…
Google has responded to dating app maker Match Group’s antitrust lawsuit in a scathing new court filing which refers to Match’s original complaint as a “cynical attempt” to take advantage of Google Play’s distribution platform and other tools while attempting to sidestep Google’s fees. The two tech giants have been battling it out in court…
Edge computing is seeing an explosion of interest as enterprises process more data at the edge of their networks. According to a 2021 survey (albeit from an edge computing services vendor), 77% of companies said that they expect to see more spending for edge projects in 2022. But while some organizations stand to benefit from…
Mental health startup Intellect’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. Today it announced it has added $10 million to its war chest in a Series A extension led by Tiger Global, bringing the round’s total to $20 million. The…
Back at WWDC, Apple promised to make the public beta of macOS Ventura available in July. The company stuck to its word, releasing lucky number macOS 13 this morning (alongside the rest) for everyone who likes to live life very slightly on the edge, after rounds and rounds of bug testing. We’ve been fiddling around…
TikTok announced today a new initiative designed to help small businesses better market themselves on its app — and eventually become TikTok advertisers. The company is introducing a free program called “Follow Me,” which will offer guides to using TikTok’s range of business and creative tools, advertising and promotional features, as well as coaching from…
Companies from across the industrial spectrum often rely on a migrant workforce, with data from the International Labour Organization indicating that some 169 million workers travel abroad for employment. But being away from their domestic jurisdiction and financial infrastructure presents a host of challenges, including what is probably the most important part for the worker…
Tech layoffs have hit almost every region in the world, and Southeast Asia is no exception, with companies like Sea, Crypto.com and JD.ID among those affected. In particular, fintech startups—BNPL, credit and lending, and inventory-holding businesses—are vulnerable, like in other parts of the world. Glints, one of Southeast Asia’s largest jobs platforms with over 30,000…
It is worth beginning with a note that I am terribly risk averse, and therefore … not a ton of fun. When Ford micromobility subsidiary Spin first launched a fleet of electric scooters in my hometown of Pittsburgh last summer, my immediate instinct was very old-man-yells-at-cloud. Youths took over the streets and sidewalks, racing around downtown…
