Alibaba accepts record China fine and vows to change
China’s regulators slapped a $2.8bn fine on the e-commerce giant over monopoly concerns Source: BBC
China’s regulators slapped a $2.8bn fine on the e-commerce giant over monopoly concerns Source: BBC
Climate change was on the agenda at the Now Play This festival, Cristina Criddle finds out more. Source: BBC
The market for exoskeletons – high-tech external body support systems – is tipped to grow strongly. Source: BBC
Hello friends, and welcome back to Week in Review! Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with Twitter for a $4 billion acquisition, so it looks like Read more
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Ready? Let’s talk money, startups and spicy IPO rumors. The Read more
“Most of the startups I give advice to about how to raise venture capital shouldn’t be raising venture capital,” an investor recently told me. While the idea that every startup isn’t venture-backable might run counter to the narrative to the Read more
Our new podcast Found is now available, and the first episode features guest Iman Abuzeid, co-founder and CEO of Incredible Health. Abuzeid’s story of founding and building Incredible Health, a career platform for healthcare professionals focusing specifically on nurses, is Read more
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 billion in Read more
Chinese regulators have hit Alibaba with a record fine of 18 billion yuan (about $2.75 billion) for violating anti-monopoly rules as the country seeks to rein in the power of its largest internet conglomerates. In November, China proposed sweeping antitrust Read more
Practically every film production these days needs some kind of visual effects work, but independent creators often lack the cash or expertise to get that top-shelf CG. Wonder Dynamics, founded by VFX engineer Nikola Todorovic and actor Tye Sheridan, aims Read more
Sometimes you’ve just got to confirm an unannounced product to put the rumors to bed, I guess. That was Google’s strategy this afternoon, following earlier rumors from Android Central that a chip shortage had put the kibosh on the mid-budget Read more
Few companies have done better than Scale at spotting a need in the AI gold rush early on and filling that gap. The startup rightly identified that one of the tasks most important to building effective AI at scale — Read more
Over the last few days, we’ve published several articles recapping panels from last week’s TechCrunch Early Stage virtual conference. Each story is based on an interview with a founder or investor who addressed some of the most common startup dilemmas. Read more
The planet-loving folks at the Sustainable Ocean Alliance started an accelerator a couple years back focusing on very early-stage companies, but this year they’re expanding the program to accept those that have already closed their first round. The mix of Read more
Efforts to unionize an Amazon warehouse in Alabama appear to have failed, Facebook takes down fake review groups and a monkey plays Pong with its brain. This is your Daily Crunch for April 9, 2021. The big story: Amazon beats Read more
Melissa Bradley wears many hats. She’s the co-founder of a startup called Ureeka, an investor at 1863 Ventures, and a professor at Georgetown’s business school. So it’s not an understatement to say that she understands the fundraising process from every Read more
A batch of job listings along with some Twitter whisperings suggests that scooter companies such as Lime and Superpedestrian are gearing up to operate in London and New York City — two of the last remaining frontiers of shared-scooter services. Read more
Shorthand, the Australian startup behind a no-code platform that allows publishers and brands to create multimedia stories, has raised $10 million Australian (just under $8 million U.S.) from Fortitude Investment Partners. CEO Ricky Robinson told me via email that this Read more
Jorge Torres Contributor Share on Twitter Jorge Torres is CEO and co-founder of MindsDB, an open source AI layer for existing databases. Adam Carrigan Contributor Share on Twitter Adam Carrigan is a co-founder and COO of MindsDB, an open source Read more
The contest was test for the e-commerce giant, which has faced global criticism for worker treatment. Source: BBC